Best Small Cap Equity Mutual Funds in 5 Years

Updated on May 6, 2026 , 14546 views

Looking for Best Small Cap Funds? Nowadays, many investors are keen to invest in Small cap funds as they have substantial potential to grow into big enterprises. Small cap funds are a type of equity Mutual Fund that invests in stocks of small sized companies. These are firms with a market capitalization (MC=no of shares issued by the company X market price per share) of less than INR 500 Crore. Their market capitalization is much lower than the large and mid-cap.

Small cap firms have the potential to generate good returns. Many small cap companies serve a niche market with sound consumer demand for their products and services. They also serve emerging industries with the potential for substantial future growth. However, the risks involved in it are very high. But, if you invest for a longer duration, the risks tend to lower down.

Investors who wish to invest in small cap funds, can choose the best performing small cap funds that are listed below based on past 5 year performances.

Ready to Invest?
Talk to our investment specialist

Fund Selection Methodology used to find 6 funds

Category: Equity
Sub-category: Small%20Cap
Sorted On : 5-year return
Tags: fcpro
No Of Funds: 6

Top 6 Best Small Cap Mutual Funds based on 5 Year Performance

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2025 (%)
SBI Small Cap Fund Growth	₹170.917 ↓ -0.52	₹32,286	6.4	-0.6	7.8	14.1	15.3	-4.9
Aditya Birla Sun Life Small Cap Fund Growth	₹92.103 ↓ -0.03	₹4,449	9.4	5.4	19.6	19.7	15.4	-3.7
Kotak Small Cap Fund Growth	₹259.001 ↑ 0.34	₹15,157	7.9	0.6	9.7	16	15.8	-9.1
ICICI Prudential Smallcap Fund Growth	₹87.1 ↑ 0.03	₹7,538	3.7	0.4	11.2	16.3	18.2	-0.4
HDFC Small Cap Fund Growth	₹137.088 ↑ 1.05	₹33,724	1.5	-3.5	12.5	17.2	19.4	-0.6
Sundaram Small Cap Fund Growth	₹279.716 ↑ 0.38	₹2,983	9.6	5.8	20.8	21.4	19.7	0.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 May 26

Research Highlights & Commentary of 6 Funds showcased

Commentary	SBI Small Cap Fund	Aditya Birla Sun Life Small Cap Fund	Kotak Small Cap Fund	ICICI Prudential Smallcap Fund	HDFC Small Cap Fund	Sundaram Small Cap Fund
Point 1	Upper mid AUM (₹32,286 Cr).	Bottom quartile AUM (₹4,449 Cr).	Upper mid AUM (₹15,157 Cr).	Lower mid AUM (₹7,538 Cr).	Highest AUM (₹33,724 Cr).	Bottom quartile AUM (₹2,983 Cr).
Point 2	Established history (16+ yrs).	Established history (18+ yrs).	Oldest track record among peers (21 yrs).	Established history (18+ yrs).	Established history (18+ yrs).	Established history (21+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 3★ (lower mid).	Rating: 3★ (bottom quartile).	Rating: 4★ (upper mid).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 15.27% (bottom quartile).	5Y return: 15.43% (bottom quartile).	5Y return: 15.82% (lower mid).	5Y return: 18.15% (upper mid).	5Y return: 19.43% (upper mid).	5Y return: 19.71% (top quartile).
Point 6	3Y return: 14.10% (bottom quartile).	3Y return: 19.72% (upper mid).	3Y return: 16.01% (bottom quartile).	3Y return: 16.34% (lower mid).	3Y return: 17.21% (upper mid).	3Y return: 21.42% (top quartile).
Point 7	1Y return: 7.76% (bottom quartile).	1Y return: 19.63% (upper mid).	1Y return: 9.74% (bottom quartile).	1Y return: 11.21% (lower mid).	1Y return: 12.51% (upper mid).	1Y return: 20.85% (top quartile).
Point 8	Alpha: 0.00 (upper mid).	Alpha: 0.00 (upper mid).	Alpha: -4.26 (bottom quartile).	Alpha: -0.02 (bottom quartile).	Alpha: 0.00 (lower mid).	Alpha: 4.51 (top quartile).
Point 9	Sharpe: -0.79 (bottom quartile).	Sharpe: -0.21 (upper mid).	Sharpe: -0.72 (bottom quartile).	Sharpe: -0.46 (lower mid).	Sharpe: -0.38 (upper mid).	Sharpe: -0.20 (top quartile).
Point 10	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: -0.99 (bottom quartile).	Information ratio: -0.83 (bottom quartile).	Information ratio: 0.00 (upper mid).	Information ratio: -0.39 (lower mid).

SBI Small Cap Fund

Upper mid AUM (₹32,286 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 15.27% (bottom quartile).
3Y return: 14.10% (bottom quartile).
1Y return: 7.76% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.79 (bottom quartile).
Information ratio: 0.00 (top quartile).

Aditya Birla Sun Life Small Cap Fund

Bottom quartile AUM (₹4,449 Cr).
Established history (18+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 15.43% (bottom quartile).
3Y return: 19.72% (upper mid).
1Y return: 19.63% (upper mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.21 (upper mid).
Information ratio: 0.00 (upper mid).

Kotak Small Cap Fund

Upper mid AUM (₹15,157 Cr).
Oldest track record among peers (21 yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 15.82% (lower mid).
3Y return: 16.01% (bottom quartile).
1Y return: 9.74% (bottom quartile).
Alpha: -4.26 (bottom quartile).
Sharpe: -0.72 (bottom quartile).
Information ratio: -0.99 (bottom quartile).

ICICI Prudential Smallcap Fund

Lower mid AUM (₹7,538 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.15% (upper mid).
3Y return: 16.34% (lower mid).
1Y return: 11.21% (lower mid).
Alpha: -0.02 (bottom quartile).
Sharpe: -0.46 (lower mid).
Information ratio: -0.83 (bottom quartile).

HDFC Small Cap Fund

Highest AUM (₹33,724 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 19.43% (upper mid).
3Y return: 17.21% (upper mid).
1Y return: 12.51% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: -0.38 (upper mid).
Information ratio: 0.00 (upper mid).

Sundaram Small Cap Fund

Bottom quartile AUM (₹2,983 Cr).
Established history (21+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.71% (top quartile).
3Y return: 21.42% (top quartile).
1Y return: 20.85% (top quartile).
Alpha: 4.51 (top quartile).
Sharpe: -0.20 (top quartile).
Information ratio: -0.39 (lower mid).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

Regulated & compliant: AMFI-registered and MCA-incorporated.
Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

1. SBI Small Cap Fund

(Erstwhile SBI Small & Midcap Fund)

The Scheme seeks to generate income and long term capital appreciation by investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies

Research Highlights for SBI Small Cap Fund

Upper mid AUM (₹32,286 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 15.27% (bottom quartile).
3Y return: 14.10% (bottom quartile).
1Y return: 7.76% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.79 (bottom quartile).
Information ratio: 0.00 (top quartile).
Higher exposure to Consumer Cyclical vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~92%).
High-quality debt (AAA/AA ~100%).
Largest holding Ather Energy Ltd (~4.7%).

Below is the key information for SBI Small Cap Fund

SBI Small Cap Fund Growth
Launch Date	9 Sep 09
NAV (08 May 26)	₹170.917 ↓ -0.52 (-0.30 %)
Net Assets (Cr)	₹32,286 on 31 Mar 26
Category	Equity - Small Cap
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.79
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹12,734
30 Apr 23	₹13,763
30 Apr 24	₹19,441
30 Apr 25	₹19,312
30 Apr 26	₹20,371

SBI Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for SBI Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	9%
3 Month	6.4%
6 Month	-0.6%
1 Year	7.8%
3 Year	14.1%
5 Year	15.3%
10 Year
15 Year
Since launch	18.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-4.9%
2024	24.1%
2023	25.3%
2022	8.1%
2021	47.6%
2020	33.6%
2019	6.1%
2018	-19.6%
2017	78.7%
2016	1.3%

Fund Manager information for SBI Small Cap Fund

Name	Since	Tenure
R. Srinivasan	16 Nov 13	12.38 Yr.

Data below for SBI Small Cap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Consumer Cyclical	25.42%
Industrials	22.89%
Basic Materials	13.47%
Financial Services	13.22%
Technology	5.53%
Consumer Defensive	3.77%
Health Care	2.37%
Real Estate	0.89%
Communication Services	0.69%

Asset Allocation

Asset Class	Value
Cash	8.09%
Equity	91.71%
Debt	0.19%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Ather Energy Ltd (Consumer Cyclical) Equity, Since 30 Apr 25 \| ATHERENERG	5%	₹1,515 Cr	20,096,960
Nifty Index 28-04-2026 Derivatives, Since 31 Mar 26 \| -	3%	₹1,122 Cr	500,175 ↑ 500,175
ZF Commercial Vehicle Control Systems India Ltd (Consumer Cyclical) Equity, Since 31 Mar 21 \| ZFCVINDIA	3%	₹964 Cr	700,000
City Union Bank Ltd (Financial Services) Equity, Since 30 Jun 20 \| CUB	3%	₹943 Cr	39,314,614 ↓ -308,778
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Mar 20 \| NAVINFLUOR	3%	₹924 Cr	1,500,000
Kalpataru Projects International Ltd (Industrials) Equity, Since 31 May 20 \| KPIL	3%	₹836 Cr	7,900,000
Belrise Industries Ltd (Consumer Cyclical) Equity, Since 31 Dec 25 \| BELRISE	3%	₹810 Cr	43,542,092
Honeywell Automation India Ltd (Industrials) Equity, Since 31 Dec 25 \| HONAUT	2%	₹785 Cr	298,145 ↑ 68,145
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 30 Jun 23 \| 543308	2%	₹766 Cr	12,323,990
DOMS Industries Ltd (Industrials) Equity, Since 31 Dec 23 \| DOMS	2%	₹758 Cr	3,300,000

2. Aditya Birla Sun Life Small Cap Fund

(Erstwhile Aditya Birla Sun Life Small & Midcap Fund)

An Open ended Small and Mid Cap Equity Scheme with an objective to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities of companies considered to be small and midcap. The Scheme may also invest a certain portion of its corpus in fixed income securities including money market instruments, in order to meet liquidity requirements from time to time.

Research Highlights for Aditya Birla Sun Life Small Cap Fund

Bottom quartile AUM (₹4,449 Cr).
Established history (18+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 15.43% (bottom quartile).
3Y return: 19.72% (upper mid).
1Y return: 19.63% (upper mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.21 (upper mid).
Information ratio: 0.00 (upper mid).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~93%).
Largest holding Navin Fluorine International Ltd (~3.2%).

Below is the key information for Aditya Birla Sun Life Small Cap Fund

Aditya Birla Sun Life Small Cap Fund Growth
Launch Date	31 May 07
NAV (08 May 26)	₹92.103 ↓ -0.03 (-0.04 %)
Net Assets (Cr)	₹4,449 on 31 Mar 26
Category	Equity - Small Cap
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.89
Sharpe Ratio	-0.21
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹11,739
30 Apr 23	₹11,873
30 Apr 24	₹17,901
30 Apr 25	₹17,616
30 Apr 26	₹20,224

Aditya Birla Sun Life Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for Aditya Birla Sun Life Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	12.3%
3 Month	9.4%
6 Month	5.4%
1 Year	19.6%
3 Year	19.7%
5 Year	15.4%
10 Year
15 Year
Since launch	12.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-3.7%
2024	21.5%
2023	39.4%
2022	-6.5%
2021	51.4%
2020	19.8%
2019	-11.5%
2018	-22.6%
2017	56.7%
2016	9.7%

Fund Manager information for Aditya Birla Sun Life Small Cap Fund

Name	Since	Tenure
Abhinav Khandelwal	31 Oct 24	1.42 Yr.
Dhaval Joshi	21 Nov 22	3.36 Yr.

Data below for Aditya Birla Sun Life Small Cap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Financial Services	22.08%
Consumer Cyclical	16.48%
Health Care	13.68%
Industrials	13.66%
Basic Materials	11.28%
Consumer Defensive	7.96%
Real Estate	3.8%
Technology	2.7%
Utility	1.48%

Asset Allocation

Asset Class	Value
Cash	6.87%
Equity	93.13%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Jul 20 \| NAVINFLUOR	3%	₹142 Cr	230,000
Sai Life Sciences Ltd (Healthcare) Equity, Since 30 Jun 25 \| SAILIFE	3%	₹125 Cr	1,286,665
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Dec 24 \| MCX	3%	₹114 Cr	478,000 ↓ -88,000
CCL Products (India) Ltd (Consumer Defensive) Equity, Since 31 May 20 \| CCL	3%	₹112 Cr	1,078,825
TD Power Systems Ltd (Industrials) Equity, Since 30 Jun 23 \| TDPOWERSYS	3%	₹112 Cr	1,312,944
Karur Vysya Bank Ltd (Financial Services) Equity, Since 30 Nov 24 \| 590003	2%	₹100 Cr	3,472,155
Arvind Ltd (Consumer Cyclical) Equity, Since 30 Nov 24 \| 500101	2%	₹89 Cr	2,642,013
Ujjivan Small Finance Bank Ltd Ordinary Shares (Financial Services) Equity, Since 31 Mar 25 \| UJJIVANSFB	2%	₹86 Cr	17,107,129 ↑ 2,276,736
PNB Housing Finance Ltd (Financial Services) Equity, Since 31 Aug 24 \| PNBHOUSING	2%	₹82 Cr	1,081,130
Ramco Cements Ltd (Basic Materials) Equity, Since 28 Feb 25 \| RAMCOCEM	2%	₹79 Cr	858,998

3. Kotak Small Cap Fund

(Erstwhile Kotak Midcap Scheme)

The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities.

Research Highlights for Kotak Small Cap Fund

Upper mid AUM (₹15,157 Cr).
Oldest track record among peers (21 yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 15.82% (lower mid).
3Y return: 16.01% (bottom quartile).
1Y return: 9.74% (bottom quartile).
Alpha: -4.26 (bottom quartile).
Sharpe: -0.72 (bottom quartile).
Information ratio: -0.99 (bottom quartile).
Higher exposure to Health Care vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding Aster DM Healthcare Ltd Ordinary Shares (~5.2%).

Below is the key information for Kotak Small Cap Fund

Kotak Small Cap Fund Growth
Launch Date	24 Feb 05
NAV (08 May 26)	₹259.001 ↑ 0.34 (0.13 %)
Net Assets (Cr)	₹15,157 on 31 Mar 26
Category	Equity - Small Cap
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.66
Sharpe Ratio	-0.73
Information Ratio	-0.99
Alpha Ratio	-4.26
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,309
30 Apr 23	₹13,346
30 Apr 24	₹18,940
30 Apr 25	₹19,271
30 Apr 26	₹20,251

Kotak Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for Kotak Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	10.2%
3 Month	7.9%
6 Month	0.6%
1 Year	9.7%
3 Year	16%
5 Year	15.8%
10 Year
15 Year
Since launch	16.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-9.1%
2024	25.5%
2023	34.8%
2022	-3.1%
2021	70.9%
2020	34.2%
2019	5%
2018	-17.3%
2017	44%
2016	8.9%

Fund Manager information for Kotak Small Cap Fund

Name	Since	Tenure
Harish Bihani	20 Oct 23	2.45 Yr.

Data below for Kotak Small Cap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Health Care	23.78%
Industrials	22.27%
Consumer Cyclical	19.48%
Financial Services	14.25%
Basic Materials	8.52%
Consumer Defensive	3.52%
Real Estate	3.39%
Communication Services	1.97%
Technology	1.78%

Asset Allocation

Asset Class	Value
Cash	1.03%
Equity	98.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 31 Jul 24 \| ASTERDM	5%	₹788 Cr	11,757,234
Sansera Engineering Ltd (Consumer Cyclical) Equity, Since 30 Sep 21 \| 543358	4%	₹543 Cr	2,615,539
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 31 Dec 23 \| 543308	3%	₹525 Cr	8,454,118
Vijaya Diagnostic Centre Ltd (Healthcare) Equity, Since 31 Mar 24 \| 543350	3%	₹505 Cr	5,861,236
Century Plyboards (India) Ltd (Basic Materials) Equity, Since 31 Oct 18 \| 532548	3%	₹409 Cr	5,836,731 ↑ 9,833
Kalpataru Projects International Ltd (Industrials) Equity, Since 31 Jan 23 \| KPIL	2%	₹378 Cr	3,572,133
Techno Electric & Engineering Co Ltd (Industrials) Equity, Since 31 Dec 18 \| TECHNOE	2%	₹359 Cr	3,642,296
Ajanta Pharma Ltd (Healthcare) Equity, Since 31 May 23 \| 532331	2%	₹321 Cr	1,144,880 ↓ -74,422
Shriram Finance Ltd (Financial Services) Equity, Since 30 Nov 22 \| SHRIRAMFIN	2%	₹314 Cr	3,603,518 ↑ 421,898
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| ICICIBANK	2%	₹306 Cr	2,535,719 ↑ 800,000

4. ICICI Prudential Smallcap Fund

(Erstwhile ICICI Prudential Indo Asia Equity Fund)

ICICI Prudential Indo Asia Equity Fund is an OE equity scheme that seeks to generate long term capital appreciation by investing in equity, equity related securities and or share classes/units of equity funds of companies, which are incorporated or have their area of primary activity, in the Asia Pacific region. Initially the Scheme will invest in share classes of International Opportunities Fund Asian Equity Fund and thereafter the Fund Manager of the Indo Asia Equity Fund may choose to make investment in listed equity shares, securities in the Asia Pacific region. However, there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for ICICI Prudential Smallcap Fund

Lower mid AUM (₹7,538 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.15% (upper mid).
3Y return: 16.34% (lower mid).
1Y return: 11.21% (lower mid).
Alpha: -0.02 (bottom quartile).
Sharpe: -0.46 (lower mid).
Information ratio: -0.83 (bottom quartile).
Top sector: Industrials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~4.1%).

Below is the key information for ICICI Prudential Smallcap Fund

ICICI Prudential Smallcap Fund Growth
Launch Date	18 Oct 07
NAV (08 May 26)	₹87.1 ↑ 0.03 (0.03 %)
Net Assets (Cr)	₹7,538 on 31 Mar 26
Category	Equity - Small Cap
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.78
Sharpe Ratio	-0.46
Information Ratio	-0.83
Alpha Ratio	-0.02
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,657
30 Apr 23	₹14,709
30 Apr 24	₹21,424
30 Apr 25	₹21,257
30 Apr 26	₹22,851

ICICI Prudential Smallcap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for ICICI Prudential Smallcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	8.7%
3 Month	3.7%
6 Month	0.4%
1 Year	11.2%
3 Year	16.3%
5 Year	18.2%
10 Year
15 Year
Since launch	12.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-0.4%
2024	15.6%
2023	37.9%
2022	5.7%
2021	61%
2020	22.8%
2019	10%
2018	-22.4%
2017	42.7%
2016	6%

Fund Manager information for ICICI Prudential Smallcap Fund

Name	Since	Tenure
Rajat Chandak	5 Feb 26	0.15 Yr.
Sharmila D'Silva	30 Jun 22	3.76 Yr.
Aatur Shah	21 Apr 25	0.95 Yr.
Sakshat Goel	5 Feb 26	0.15 Yr.
Gaurav Jain	5 Feb 26	0.15 Yr.

Data below for ICICI Prudential Smallcap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Industrials	24.11%
Basic Materials	19.43%
Consumer Cyclical	18.53%
Financial Services	11.21%
Health Care	8.78%
Technology	3.78%
Consumer Defensive	3.61%
Utility	2.09%
Real Estate	1.16%
Energy	0.8%
Communication Services	0.55%

Asset Allocation

Asset Class	Value
Cash	2.22%
Equity	97.78%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 25 \| HDFCBANK	4%	₹307 Cr	4,200,000
Nifty 50 Index - \| -	4%	₹280 Cr	124,930 ↓ -32,500
Atul Ltd (Basic Materials) Equity, Since 31 Oct 23 \| ATUL	3%	₹223 Cr	350,000 ↑ 2,126
Mahindra & Mahindra Ltd (Consumer Cyclical) Equity, Since 28 Feb 26 \| M&M	2%	₹185 Cr	626,078 ↑ 176,213
Timken India Ltd (Industrials) Equity, Since 30 Nov 23 \| 522113	2%	₹180 Cr	557,443 ↓ -2,293
Gujarat Pipavav Port Ltd (Industrials) Equity, Since 31 Mar 18 \| 533248	2%	₹178 Cr	12,530,626
Procter & Gamble Health Ltd (Healthcare) Equity, Since 29 Feb 24 \| PGHL	2%	₹175 Cr	365,000
Gillette India Ltd (Consumer Defensive) Equity, Since 31 Dec 23 \| GILLETTE	2%	₹173 Cr	238,258 ↓ -18,567
Pfizer Ltd (Healthcare) Equity, Since 31 Dec 23 \| PFIZER	2%	₹172 Cr	365,366
TVS Holdings Ltd (Consumer Cyclical) Equity, Since 30 Sep 23 \| 520056	2%	₹146 Cr	104,530 ↑ 5,788

5. HDFC Small Cap Fund

To provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies.

Research Highlights for HDFC Small Cap Fund

Highest AUM (₹33,724 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 19.43% (upper mid).
3Y return: 17.21% (upper mid).
1Y return: 12.51% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: -0.38 (upper mid).
Information ratio: 0.00 (upper mid).
Top sector: Industrials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~92%).
Largest holding Aster DM Healthcare Ltd Ordinary Shares (~4.2%).

Below is the key information for HDFC Small Cap Fund

HDFC Small Cap Fund Growth
Launch Date	3 Apr 08
NAV (08 May 26)	₹137.088 ↑ 1.05 (0.77 %)
Net Assets (Cr)	₹33,724 on 31 Mar 26
Category	Equity - Small Cap
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.38
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	300
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹13,168
30 Apr 23	₹15,178
30 Apr 24	₹22,929
30 Apr 25	₹22,379
30 Apr 26	₹23,960

HDFC Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 Invest Now

Returns for HDFC Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	7.4%
3 Month	1.5%
6 Month	-3.5%
1 Year	12.5%
3 Year	17.2%
5 Year	19.4%
10 Year
15 Year
Since launch	15.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-0.6%
2024	20.4%
2023	44.8%
2022	4.6%
2021	64.9%
2020	20.2%
2019	-9.5%
2018	-8.1%
2017	60.8%
2016	5.4%

Fund Manager information for HDFC Small Cap Fund

Name	Since	Tenure
Chirag Setalvad	28 Jun 14	11.77 Yr.
Dhruv Muchhal	22 Jun 23	2.78 Yr.

Data below for HDFC Small Cap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Industrials	22.97%
Consumer Cyclical	20.17%
Financial Services	13.84%
Health Care	11.71%
Technology	9.89%
Basic Materials	7.46%
Consumer Defensive	4.29%
Communication Services	1.6%

Asset Allocation

Asset Class	Value
Cash	8.07%
Equity	91.93%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Jun 19 \| ASTERDM	4%	₹1,575 Cr	24,067,031 ↑ 139,897
Bank of Baroda (Financial Services) Equity, Since 31 Mar 19 \| BANKBARODA	4%	₹1,508 Cr	46,828,792
Firstsource Solutions Ltd (Technology) Equity, Since 31 Mar 18 \| FSL	3%	₹1,197 Cr	56,160,355 ↑ 895,993
eClerx Services Ltd (Technology) Equity, Since 31 Mar 18 \| ECLERX	3%	₹967 Cr	3,046,989 ↑ 45,000
Indian Bank (Financial Services) Equity, Since 31 Jul 16 \| INDIANB	3%	₹960 Cr	9,688,128
Gabriel India Ltd (Consumer Cyclical) Equity, Since 31 Oct 18 \| GABRIEL	2%	₹928 Cr	9,293,189 ↑ 50,000
Eris Lifesciences Ltd Registered Shs (Healthcare) Equity, Since 31 Jul 23 \| ERIS	2%	₹897 Cr	6,601,945 ↑ 45,294
Fortis Healthcare Ltd (Healthcare) Equity, Since 31 Jul 23 \| FORTIS	2%	₹890 Cr	9,440,132
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 31 Jul 23 \| 543308	2%	₹830 Cr	11,133,566 ↑ 6,400
Great Eastern Shipping Co Ltd (Industrials) Equity, Since 31 Jan 15 \| GESHIP	2%	₹700 Cr	5,229,582

6. Sundaram Small Cap Fund

(Erstwhile Sundaram SMILE Fund)

To primarily achieve capital appreciation by investing in diversified stocks that are generally termed as small and mid-caps and by investing in other equities.

Research Highlights for Sundaram Small Cap Fund

Bottom quartile AUM (₹2,983 Cr).
Established history (21+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.71% (top quartile).
3Y return: 21.42% (top quartile).
1Y return: 20.85% (top quartile).
Alpha: 4.51 (top quartile).
Sharpe: -0.20 (top quartile).
Information ratio: -0.39 (lower mid).
Top sector: Consumer Cyclical.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding MTAR Technologies Ltd (~4.1%).

Below is the key information for Sundaram Small Cap Fund

Sundaram Small Cap Fund Growth
Launch Date	15 Feb 05
NAV (08 May 26)	₹279.716 ↑ 0.38 (0.13 %)
Net Assets (Cr)	₹2,983 on 31 Mar 26
Category	Equity - Small Cap
AMC	Sundaram Asset Management Company Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.94
Sharpe Ratio	-0.2
Information Ratio	-0.39
Alpha Ratio	4.51
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 21	₹10,000
30 Apr 22	₹12,810
30 Apr 23	₹13,645
30 Apr 24	₹20,639
30 Apr 25	₹20,652
30 Apr 26	₹23,903

Sundaram Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 Invest Now

Returns for Sundaram Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26

Duration	Returns
1 Month	12%
3 Month	9.6%
6 Month	5.8%
1 Year	20.8%
3 Year	21.4%
5 Year	19.7%
10 Year
15 Year
Since launch	17%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	0.4%
2024	19.1%
2023	45.3%
2022	-2.1%
2021	60.3%
2020	26.2%
2019	-6.1%
2018	-29.2%
2017	55.6%
2016	-0.1%

Fund Manager information for Sundaram Small Cap Fund

Name	Since	Tenure
Rohit Seksaria	1 Nov 22	3.42 Yr.

Data below for Sundaram Small Cap Fund as on 31 Mar 26

Equity Sector Allocation

Sector	Value
Consumer Cyclical	21.48%
Industrials	19.68%
Financial Services	18.97%
Health Care	12.65%
Basic Materials	8.52%
Communication Services	4.99%
Technology	3.5%
Consumer Defensive	2.86%
Real Estate	2.1%
Utility	1%

Asset Allocation

Asset Class	Value
Cash	4.15%
Equity	95.75%
Debt	0.1%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
MTAR Technologies Ltd (Industrials) Equity, Since 31 Dec 24 \| MTARTECH	4%	₹121 Cr	349,511 ↓ -3,078
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Nov 23 \| ASTERDM	4%	₹113 Cr	1,681,362
SJS Enterprises Ltd (Consumer Cyclical) Equity, Since 31 Aug 23 \| 543387	3%	₹90 Cr	577,256
Affle 3i Ltd (Communication Services) Equity, Since 31 May 21 \| AFFLE	3%	₹86 Cr	594,278 ↑ 24,633
E I D Parry India Ltd (Basic Materials) Equity, Since 31 Jul 24 \| EIDPARRY	3%	₹81 Cr	1,045,263 ↑ 38,877
Eternal Ltd (Consumer Cyclical) Equity, Since 30 Nov 24 \| 543320	3%	₹76 Cr	3,324,013 ↑ 481,686
PNB Housing Finance Ltd (Financial Services) Equity, Since 31 Jul 24 \| PNBHOUSING	3%	₹75 Cr	992,680
Craftsman Automation Ltd (Consumer Cyclical) Equity, Since 30 Jun 24 \| CRAFTSMAN	2%	₹74 Cr	106,539
DCB Bank Ltd (Financial Services) Equity, Since 30 Sep 24 \| DCBBANK	2%	₹70 Cr	4,443,809
Rategain Travel Technologies Ltd (Technology) Equity, Since 30 Jun 23 \| 543417	2%	₹67 Cr	1,534,556 ↑ 32,858

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.