New Delhi, Nov. 1 -- Small-cap mutual funds emerged as the worst-performing equity category in October 2026, declining 5.83% on average. Among the 36 small-cap schemes, Invesco India Small Cap Fund was the most resilient, declining 2.98% in October.

TRUSTMF Small Cap Fund and Samco Small Cap Fund followed with losses of 3.27% and 4.10%, respectively. At the other end, Tata Small Cap Fund plunged 11.16%, making it the worst performer in the category.

The divergence highlights how differently fund portfolios navigated the difficult month. While the category average fell 5.83%, several schemes managed to outperform it by limiting their declines. However, even the better-performing funds remained in negative territory.

Invesco India Small ...