Small cap mutual funds gave up to 57% returns in one year. Should you invest?

Mid cap and small cap funds are back in action giving the maximum return of up to 36% and 57% in the last one year. These equity fund categories have gone through tough times in the past. Till a few months ago, these categories were giving an average double digit negative return. So what lies ahead. Can you expect similar returns in the future? Small cap funds on an average have generated 14% returns in the last one year and mid cap mutual funds have given slightly over 10% in the same time period.

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