Among 23 small-cap funds with three-year track records, 5 outperformed their benchmarks. These funds demonstrated strong performance, especially during market downturns, as indicated by a down capture ratio below 100%.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs