Small-cap mutual funds are highlighted as promising investments amid bullish markets, with 13 funds outperforming benchmarks over three years

Mutual fund investors are advised to review their portfolios at the end of the year. They should compare the performance of funds against benchmarks and peers over the medium and long term. Evaluating factors like credit quality and interest rate risks is important for debt funds.

Every year on the occasion of New Year, people make new resolutions to improve their lives. Some promise to give up bad habits, while others talk about focusing on fitness or diet. At the same time, many people also resolve to become financially strong and save.

In the past two to three years, the highest-performing mutual fund schemes have been smallcap and midcap funds, along with specific thematic funds.