Small-Cap Mutual Funds: Who manages Nippon, Bandhan & Quant, and how have they performed over 3 and 5 years?

According to the latest ACE MF data, Ankit Pande oversees 30 schemes with combined assets of around ₹1.04 lakh crore. Sandeep Tandon is associated with 29 schemes, with assets of around ₹1.04 lakh crore.

Samir Rachh, who manages one scheme in the dataset, has assets of about ₹82,580 crore. Manish Gunwani manages eight schemes with assets of around ₹73,934 crore, while Dhrumil Shah, who is associated with five schemes, has assets of about ₹21,056 crore.

3-year and 5-year annualised returns

Over the three-year period, the schemes reported annualised returns ranging from 13.21% to 23.66%. Manish Gunwani's schemes recorded an annualised return of 23.66%, while Ankit Pande and Sandeep Tandon's schemes each delivered 21.10%. Samir Rachh's schemes posted 15.17%, while Dhrumil Shah's schemes delivered 13.21%.

Over the five-year period, the annualised returns ranged from 12.94% to 18.61%. Ankit Pande and Sandeep Tandon's schemes each recorded 18.61%, while Manish Gunwani's schemes delivered 18.43% and Samir Rachh's schemes posted 18.29%. Dhrumil Shah's schemes recorded a 12.94% annualised return.

The five-year annualised returns were relatively closer to each other than the three-year figures, with a 5.67 percentage-point difference between the highest and lowest returns over five years, compared with a 10.45 percentage-point difference over three years.

Which small-cap funds do these managers oversee?

The managers are associated with some of the better-known small-cap schemes in the market.

• Samir Rachh and Dhrumil Shah are associated with Nippon India Small Cap Fund.

• Bandhan Small Cap Fund is managed by Manish Gunwani and Soumen Kundu.

• Quant Small Cap Fund has Sandeep Tandon and Ankit Pande associated with its management, along with the wider investment team.

One point to keep in mind is that a fund manager's AUM is not the same as the AUM of a single mutual fund scheme. A manager can oversee multiple schemes, so the assets shown in a database may represent the combined assets associated with the schemes or fund-management structure linked to that manager.