Small-cap funds emerged as the top-performing category in 2017, with an average return of .
: Over 150 stocks more than doubled investor wealth during the year.
: The implementation of the Goods & Services Tax (GST) and other Modi-led government initiatives bolstered sentiment.
: Recognized for its dominant position in the shirting segment and strong export revenues.
and Indiabulls Ventures : Each logged returns exceeding 1,000% .
Despite the broad rally, roughly 165 stocks in the BSE Smallcap index failed to deliver positive returns, with some companies like and Sri Adhikari Brothers losing up to 95% of their value. 2017 In Review : The Top Performers of The Year
The year 2017 was a landmark period for small-cap investing, with the delivering a record-breaking return of approximately 60.6% . This outperformance was driven by a broader market rally and economic reforms, making it a "multibagger" year for dozens of individual stocks. Market Performance Overview (2017)
: Strong performances were seen in finance (e.g., Geojit Financial Services , IIFL Holdings ), real estate ( Indiabulls Real Estate ), and consumer-linked industries ( V2 Retail , LT Foods ). Cautionary Performance

