New Delhi, Oct. 5 -- Equity mutual funds come in different categories, including large-cap, mid-cap, small-cap, and diversified strategies. While short-term returns can be led by a particular segment of the market, a longer return period can show whether a scheme has also delivered across different market cycles.

Among active diversified equity funds, small-cap schemes currently dominate the list of top performers based on year-to-date (YTD) returns in 2026.

However, the three-year and five-year return charts also include mid-cap funds, showing that the leadership changes when investors look at a longer investment period.

Small-cap funds occupy all five positions among the top active diversified equity mutual funds by YTD returns in 20...