Top Small Caps Australia funds
Ranked on 3-year returns after fees, to 30 Sept 2026.
Category average, 3 yrs
13.3% p.a.
Funds ranked
8
Extra unit classes folded in
1
Not ranked (under 3 yrs or $20M)
16
| Rank | Fund | 3 yrs p.a. |
|---|---|---|
| 1 | Ausbil MicroCap FundAusbil Investment Management | 25.3% |
| 2 | Ausbil Australian SmallCap FundAusbil Investment Management | 15.3% |
| 3 | RQI Australian Small Cap ValueColonial First State | 14.5% |
| 4 | Perpetual Pure Microcap FundPerpetual Investment Management | 13.0% |
| 5 | CFS MIF-Macquarie Australian Emerging CompaniesColonial First State | 10.9% |
| 6 | Ausbil Ausbil Australian Emerging Leaders MA AUDAusbil Investment Management | 9.4% |
| 7 | Perpetual Smaller Companies FundPerpetual Investment Management | 9.2% |
| 8 | CFS MIF-Investors Mutual Future LeadersColonial First State | 8.8% |
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How we rank
Funds are ranked on their 3-year annualised return after fees, using FE fundinfo data to 30 Sept 2026. A fund needs 3 years of history and at least $20M in assets. Where a fund has several unit classes, only the lowest-fee class is ranked. Ties go to the lower-fee fund. A few funds without FE fundinfo data are ranked on returns supplied by their manager; these are marked "Manager-supplied data".
Independence
Fund managers can't pay for a rank, and sponsored or featured listings play no part in it. Funds from the ausbiz group are marked "Related party". Geared funds borrow to invest, so their returns and losses are magnified.
Important
Past performance is not a reliable indicator of future performance. This is general information only and doesn't take into account your objectives, financial situation or needs. Read the PDS and TMD before investing. ausbiz Invest, AFSL 436859.