Small-cap funds lag in October as category falls 5.83%
In short
Small-cap mutual funds were the weakest equity category in October, falling 5.83%. Invesco Small Cap Fund lost 2.98%, while Tata Small Cap Fund dropped 11.16%.
This matters for investors in small-cap schemes and the wider equity fund market. The reporting does not say why the category fell or whether the decline continued after October.
What the reporting says
Small-cap mutual funds were October’s worst-performing equity category, falling 5.83%, according to the publisher-supplied summary. Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund fell 11.16%, and the article compares the best and worst schemes across equity categories. What is still unknown is the driver of the selloff and whether the weakness continued beyond October.
Why it matters
Small-cap mutual funds were October’s worst-performing equity category, with the group down 5.83% overall. The summary says Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund fell 11.16%, showing a wide spread within the category. The reporting does not explain the cause of the declines or indicate whether other equity categories also weakened by the same amount.