That's great for minimizing a few nanohenries of series inductance, which will not help unless the nominal capacitance is very low. The actual key is that most handheld multimeters that can measure capacitance aren't very accurate below about 1000pF but, the Almost All Digital Electronics LC Meter II is excellent for measuring small values of L & C (1 nH to 100 mH and 0.01 pF to 1 uF). Other devices such as L/C bridges can be useful. I've also used my GDO (with a known value of L) to approximate small values of C. I'd use an all-in-one DMM if it was the ONLY thing available. And then, try to compare the DUT w/ a known-good part of the same/similar value.