
My experience with smallcase have been really bad. The returns shown on their websites aren’t true and have tons of manipulations. I will give you just a single case where they manipulated returns by large amount.
Vakrangee - This stock was included in few of their smallcases. When the news came out that Vakrangee was manipulating its books, the stock went in lower circuit every single day. Lower circuit is a limit after which the stock price won’t drop further for that trading session as there are only sellers in market and no buyers. But they rebalanced all their smallcases where Vakrangee was included by removing that stock to prevent loss numbers in their smallcases, even though people owning those smallcases weren’t able to sell that stock as the stock was in lower circuit.
There are many other ways through which they inflate their numbers. Their true returns in most of the small cases are far worse than returns from nifty index.