Smallcap mutual funds invest in smallcap companies and are generally associated with higher risk levels than midcap and largecap funds. The volatility in the stock market impacts their performance. As per reports, the top 10 smallcap funds in India with the highest one-year returns are HDFC Small Cap, Quant Small Cap, Franklin India Smaller Companies, Nippon India Small Cap, Tata Small Cap, HSBC Small Cap, ITI Small Cap, DSP Small Cap, Sundaram Small Cap, Invesco India Smallcap
The top 10 aggressive hybrid funds in India have delivered up to 22% returns in one year. Taxation rules for hybrid funds are similar to those for equity mutual funds
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I want to redeem my investments in Franklin India Smaller Companies Fund. Will it be possible to redeem my investments?
-Rinesh Yadav
It seems, you are confused about the ongoing voting process on six debt schemes of Franklin Templeton Mutual Fund. The vote seeking investor consent to shut only six debt schemes that Franklin had shut on April 23, citing challenging conditions in the bond market. After court cases, finally the fund house is in the process of obtaining investors consent to shut the schemes. The schemes are: Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund, and Franklin India Income Opportunities Fund.