While the Nifty 50 has struggled to gather momentum, India's smallcap space has continued to outperform. Experts suggest that smallcap stocks currently offer more disproportionate growth opportunities than largecaps. Here's a look at the top 10 best-performing smallcap stocks by YTD returns.

HFCL Ltd.

HFCL Ltd. emerged as the top-performing smallcap stock in the list, delivering a 212.86% year-to-date (YTD) return.

Aditya Infotech Ltd.

Aditya Infotech Ltd. ranked second among the top-performing smallcaps with a 139.70% YTD return.

Acutaas Chemicals Ltd.

Acutaas Chemicals Ltd. secured the third spot after generating a 109.25% YTD return.

Syrma SGS Technology Ltd.

Syrma SGS Technology Ltd. featured among the top gainers with a 93.90% YTD return.

Kirloskar Oil Engines Ltd.

Kirloskar Oil Engines Ltd. delivered a 92.08% YTD return, placing it among the top-performing smallcap stocks.

Schneider Electric Infrastructure Ltd.

Schneider Electric Infrastructure Ltd. posted a 91.87% YTD return, making it one of the standout smallcaps this year.

Emmvee Photovoltaic Power Ltd.

Emmvee Photovoltaic Power Ltd. recorded a 82.97% YTD return and featured in the top 10 performers.

Welspun Corp Ltd.

Welspun Corp Ltd. generated a 81.43% YTD return, earning a place among the best-performing smallcap stocks.

Aegis Logistics

Aegis Logistics Ltd. delivered a 74.85% YTD return so far this year.

Cemindia Projects Ltd.

Cemindia Projects Ltd. rounded off the top 10 list with a 73.82% YTD return.