Best Mid & Small Cap Mutual Fund SIPs 2025

Updated on November 26, 2025 , 14808 views

Most of the investors take a SIP route when planning to invest in Equity Funds. Due to its investment style and minimum investment amount, investors feel the ease of Investing through it. SIP or Systematic Investment plan is also the most effective way of investing in an equity fund. A SIP is usually a monthly or a quarterly investment that happens automatically on a pre-decided date. Due to its investment process, it can prevent from the pitfalls of equity investments. SIPs are also a great tool to make investing become a habit. One can also attain their Financial goals by taking a SIP route. Since, mid and small caps are ideal for a long-term plan, investors can plan investment goals like Retirement planning, purchase of a house, a child's higher education, etc. Investors can choose the best mid and Small cap funds for SIP investment from the below-listed table that are based on AUM above 1500 Cr.

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Top 9 Best Mid & Small Cap Fund SIP To Invest In FY 25 - 26

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Invesco India Mid Cap Fund Growth	₹187.85 ↓ -0.04	₹9,320	500	5.5	12.2	12.9	27.5	25.9	43.1
ICICI Prudential MidCap Fund Growth	₹312.49 ↓ -0.43	₹6,964	100	7.3	9.8	10.3	22.5	24.1	27
TATA Mid Cap Growth Fund Growth	₹449.738 ↓ -0.68	₹5,283	150	6.3	8.8	5.6	21.3	21.9	22.7
Sundaram Small Cap Fund Growth	₹263.182 ↓ -0.19	₹3,496	100	5	4.9	1.9	20.1	24.4	19.1
BNP Paribas Mid Cap Fund Growth	₹105.252 ↑ 0.09	₹2,276	300	6.5	6.3	4.7	20.1	22.5	28.5
Aditya Birla Sun Life Midcap Fund Growth	₹802.28 ↑ 0.05	₹6,271	1,000	4.4	5	4.5	19.9	21.9	22
IDBI Midcap Fund Growth	₹29.5877 ↑ 0.00	₹348	500	4.6	3.3	1.6	19.7	19.3	29.1
Aditya Birla Sun Life Small Cap Fund Growth	₹86.4478 ↑ 0.01	₹5,127	1,000	4.7	3.6	-2.4	18	20.1	21.5
ICICI Prudential Smallcap Fund Growth	₹86.27 ↓ -0.18	₹8,622	100	-0.5	1.2	-0.9	16.4	24	15.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Nov 25

Research Highlights & Commentary of 9 Funds showcased

Commentary	Invesco India Mid Cap Fund	ICICI Prudential MidCap Fund	TATA Mid Cap Growth Fund	Sundaram Small Cap Fund	BNP Paribas Mid Cap Fund	Aditya Birla Sun Life Midcap Fund	IDBI Midcap Fund	Aditya Birla Sun Life Small Cap Fund	ICICI Prudential Smallcap Fund
Point 1	Highest AUM (₹9,320 Cr).	Upper mid AUM (₹6,964 Cr).	Lower mid AUM (₹5,283 Cr).	Bottom quartile AUM (₹3,496 Cr).	Bottom quartile AUM (₹2,276 Cr).	Upper mid AUM (₹6,271 Cr).	Bottom quartile AUM (₹348 Cr).	Lower mid AUM (₹5,127 Cr).	Top quartile AUM (₹8,622 Cr).
Point 2	Established history (18+ yrs).	Established history (21+ yrs).	Oldest track record among peers (31 yrs).	Established history (20+ yrs).	Established history (19+ yrs).	Established history (23+ yrs).	Established history (8+ yrs).	Established history (18+ yrs).	Established history (18+ yrs).
Point 3	Rating: 2★ (lower mid).	Rating: 2★ (bottom quartile).	Rating: 2★ (bottom quartile).	Rating: 3★ (top quartile).	Rating: 3★ (upper mid).	Rating: 3★ (upper mid).	Not Rated.	Top rated.	Rating: 3★ (lower mid).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 25.94% (top quartile).	5Y return: 24.12% (upper mid).	5Y return: 21.91% (lower mid).	5Y return: 24.39% (top quartile).	5Y return: 22.53% (lower mid).	5Y return: 21.85% (bottom quartile).	5Y return: 19.29% (bottom quartile).	5Y return: 20.09% (bottom quartile).	5Y return: 23.96% (upper mid).
Point 6	3Y return: 27.48% (top quartile).	3Y return: 22.47% (top quartile).	3Y return: 21.33% (upper mid).	3Y return: 20.11% (upper mid).	3Y return: 20.07% (lower mid).	3Y return: 19.86% (lower mid).	3Y return: 19.66% (bottom quartile).	3Y return: 18.00% (bottom quartile).	3Y return: 16.37% (bottom quartile).
Point 7	1Y return: 12.88% (top quartile).	1Y return: 10.31% (top quartile).	1Y return: 5.62% (upper mid).	1Y return: 1.88% (lower mid).	1Y return: 4.66% (upper mid).	1Y return: 4.46% (lower mid).	1Y return: 1.61% (bottom quartile).	1Y return: -2.38% (bottom quartile).	1Y return: -0.92% (bottom quartile).
Point 8	Alpha: 0.00 (upper mid).	Alpha: 2.69 (top quartile).	Alpha: -3.43 (lower mid).	Alpha: 2.09 (top quartile).	Alpha: -3.98 (bottom quartile).	Alpha: -4.40 (bottom quartile).	Alpha: -4.50 (bottom quartile).	Alpha: 0.00 (upper mid).	Alpha: -1.20 (lower mid).
Point 9	Sharpe: 0.43 (top quartile).	Sharpe: 0.22 (top quartile).	Sharpe: -0.12 (upper mid).	Sharpe: -0.12 (upper mid).	Sharpe: -0.17 (lower mid).	Sharpe: -0.17 (bottom quartile).	Sharpe: -0.15 (lower mid).	Sharpe: -0.25 (bottom quartile).	Sharpe: -0.28 (bottom quartile).
Point 10	Information ratio: 0.00 (top quartile).	Information ratio: -0.29 (upper mid).	Information ratio: -0.66 (lower mid).	Information ratio: -0.43 (upper mid).	Information ratio: -1.03 (bottom quartile).	Information ratio: -0.80 (lower mid).	Information ratio: -0.81 (bottom quartile).	Information ratio: 0.00 (top quartile).	Information ratio: -0.85 (bottom quartile).

Invesco India Mid Cap Fund

Highest AUM (₹9,320 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 25.94% (top quartile).
3Y return: 27.48% (top quartile).
1Y return: 12.88% (top quartile).
Alpha: 0.00 (upper mid).
Sharpe: 0.43 (top quartile).
Information ratio: 0.00 (top quartile).

ICICI Prudential MidCap Fund

Upper mid AUM (₹6,964 Cr).
Established history (21+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.12% (upper mid).
3Y return: 22.47% (top quartile).
1Y return: 10.31% (top quartile).
Alpha: 2.69 (top quartile).
Sharpe: 0.22 (top quartile).
Information ratio: -0.29 (upper mid).

TATA Mid Cap Growth Fund

Lower mid AUM (₹5,283 Cr).
Oldest track record among peers (31 yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 21.91% (lower mid).
3Y return: 21.33% (upper mid).
1Y return: 5.62% (upper mid).
Alpha: -3.43 (lower mid).
Sharpe: -0.12 (upper mid).
Information ratio: -0.66 (lower mid).

Sundaram Small Cap Fund

Bottom quartile AUM (₹3,496 Cr).
Established history (20+ yrs).
Rating: 3★ (top quartile).
Risk profile: Moderately High.
5Y return: 24.39% (top quartile).
3Y return: 20.11% (upper mid).
1Y return: 1.88% (lower mid).
Alpha: 2.09 (top quartile).
Sharpe: -0.12 (upper mid).
Information ratio: -0.43 (upper mid).

BNP Paribas Mid Cap Fund

Bottom quartile AUM (₹2,276 Cr).
Established history (19+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 22.53% (lower mid).
3Y return: 20.07% (lower mid).
1Y return: 4.66% (upper mid).
Alpha: -3.98 (bottom quartile).
Sharpe: -0.17 (lower mid).
Information ratio: -1.03 (bottom quartile).

Aditya Birla Sun Life Midcap Fund

Upper mid AUM (₹6,271 Cr).
Established history (23+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.85% (bottom quartile).
3Y return: 19.86% (lower mid).
1Y return: 4.46% (lower mid).
Alpha: -4.40 (bottom quartile).
Sharpe: -0.17 (bottom quartile).
Information ratio: -0.80 (lower mid).

IDBI Midcap Fund

Bottom quartile AUM (₹348 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.29% (bottom quartile).
3Y return: 19.66% (bottom quartile).
1Y return: 1.61% (bottom quartile).
Alpha: -4.50 (bottom quartile).
Sharpe: -0.15 (lower mid).
Information ratio: -0.81 (bottom quartile).

Aditya Birla Sun Life Small Cap Fund

Lower mid AUM (₹5,127 Cr).
Established history (18+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 20.09% (bottom quartile).
3Y return: 18.00% (bottom quartile).
1Y return: -2.38% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.25 (bottom quartile).
Information ratio: 0.00 (top quartile).

ICICI Prudential Smallcap Fund

Top quartile AUM (₹8,622 Cr).
Established history (18+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 23.96% (upper mid).
3Y return: 16.37% (bottom quartile).
1Y return: -0.92% (bottom quartile).
Alpha: -1.20 (lower mid).
Sharpe: -0.28 (bottom quartile).
Information ratio: -0.85 (bottom quartile).

*Funds mentioned are have Asset Under Management (AUM) > 200 Crore

1. Invesco India Mid Cap Fund

The Scheme seeks to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies. However, there can be no assurance that the funds objectives will be achieved.

Research Highlights for Invesco India Mid Cap Fund

Highest AUM (₹9,320 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 25.94% (top quartile).
3Y return: 27.48% (top quartile).
1Y return: 12.88% (top quartile).
Alpha: 0.00 (upper mid).
Sharpe: 0.43 (top quartile).
Information ratio: 0.00 (top quartile).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding AU Small Finance Bank Ltd (~5.6%).

Below is the key information for Invesco India Mid Cap Fund

Invesco India Mid Cap Fund Growth
Launch Date	19 Apr 07
NAV (28 Nov 25)	₹187.85 ↓ -0.04 (-0.02 %)
Net Assets (Cr)	₹9,320 on 31 Oct 25
Category	Equity - Mid Cap
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.82
Sharpe Ratio	0.43
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
31 Oct 20	₹10,000
31 Oct 21	₹16,521
31 Oct 22	₹16,892
31 Oct 23	₹19,784
31 Oct 24	₹30,612
31 Oct 25	₹34,834

Invesco India Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326 Invest Now

Returns for Invesco India Mid 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 28 Nov 25

Duration	Returns
1 Month	0.7%
3 Month	5.5%
6 Month	12.2%
1 Year	12.9%
3 Year	27.5%
5 Year	25.9%
10 Year
15 Year
Since launch	17.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	43.1%
2023	34.1%
2022	0.5%
2021	43.1%
2020	24.4%
2019	3.8%
2018	-5.3%
2017	44.3%
2016	1.1%
2015	6.4%

Fund Manager information for Invesco India Mid Cap Fund

Name	Since	Tenure
Aditya Khemani	9 Nov 23	1.98 Yr.
Amit Ganatra	1 Sep 23	2.17 Yr.

Data below for Invesco India Mid Cap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Financial Services	34.12%
Health Care	18.22%
Consumer Cyclical	17%
Industrials	9.12%
Real Estate	8.42%
Technology	7.23%
Basic Materials	3.95%
Communication Services	1.39%

Asset Allocation

Asset Class	Value
Cash	0.56%
Equity	99.44%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
AU Small Finance Bank Ltd (Financial Services) Equity, Since 31 Jul 25 \| 540611	6%	₹521 Cr	5,936,790
Swiggy Ltd (Consumer Cyclical) Equity, Since 30 Nov 24 \| SWIGGY	5%	₹487 Cr	11,879,113 ↑ 1,517,109
The Federal Bank Ltd (Financial Services) Equity, Since 31 Oct 22 \| FEDERALBNK	5%	₹472 Cr	19,960,984 ↑ 5,368,346
L&T Finance Ltd (Financial Services) Equity, Since 31 Dec 23 \| LTF	5%	₹456 Cr	16,854,973
Prestige Estates Projects Ltd (Real Estate) Equity, Since 30 Nov 23 \| PRESTIGE	5%	₹428 Cr	2,451,815 ↑ 33,004
BSE Ltd (Financial Services) Equity, Since 31 Dec 23 \| BSE	4%	₹377 Cr	1,519,233
Max Financial Services Ltd (Financial Services) Equity, Since 30 Nov 23 \| 500271	4%	₹375 Cr	2,422,867 ↑ 324,236
Glenmark Pharmaceuticals Ltd (Healthcare) Equity, Since 31 Mar 24 \| 532296	4%	₹353 Cr	1,864,031 ↑ 187,614
Sai Life Sciences Ltd (Healthcare) Equity, Since 31 Dec 24 \| SAILIFE	3%	₹308 Cr	3,351,338 ↑ 116,840
JK Cement Ltd (Basic Materials) Equity, Since 31 Oct 22 \| JKCEMENT	3%	₹297 Cr	477,753

2. ICICI Prudential MidCap Fund

To generate capital appreciation by actively investing in diversified mid cap stocks.

Research Highlights for ICICI Prudential MidCap Fund

Upper mid AUM (₹6,964 Cr).
Established history (21+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.12% (upper mid).
3Y return: 22.47% (top quartile).
1Y return: 10.31% (top quartile).
Alpha: 2.69 (top quartile).
Sharpe: 0.22 (top quartile).
Information ratio: -0.29 (upper mid).
Higher exposure to Basic Materials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
High-quality debt (AAA/AA ~100%).
Largest holding Jindal Steel Ltd (~4.3%).

Below is the key information for ICICI Prudential MidCap Fund

ICICI Prudential MidCap Fund Growth
Launch Date	28 Oct 04
NAV (28 Nov 25)	₹312.49 ↓ -0.43 (-0.14 %)
Net Assets (Cr)	₹6,964 on 31 Oct 25
Category	Equity - Mid Cap
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.88
Sharpe Ratio	0.22
Information Ratio	-0.29
Alpha Ratio	2.69
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
31 Oct 20	₹10,000
31 Oct 21	₹17,407
31 Oct 22	₹18,078
31 Oct 23	₹19,984
31 Oct 24	₹30,302
31 Oct 25	₹33,029

ICICI Prudential MidCap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for ICICI Prudential MidCap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Nov 25

Duration	Returns
1 Month	1.1%
3 Month	7.3%
6 Month	9.8%
1 Year	10.3%
3 Year	22.5%
5 Year	24.1%
10 Year
15 Year
Since launch	17.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	27%
2023	32.8%
2022	3.1%
2021	44.8%
2020	19.1%
2019	-0.6%
2018	-10.8%
2017	42.9%
2016	4.8%
2015	5.1%

Fund Manager information for ICICI Prudential MidCap Fund

Name	Since	Tenure
Lalit Kumar	1 Jul 22	3.34 Yr.
Sharmila D’mello	31 Jul 22	3.26 Yr.

Data below for ICICI Prudential MidCap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Basic Materials	27.85%
Industrials	21.61%
Financial Services	20.1%
Consumer Cyclical	11.2%
Communication Services	9.29%
Real Estate	6.76%
Health Care	1.36%
Technology	0.37%
Utility	0.15%

Asset Allocation

Asset Class	Value
Cash	1.3%
Equity	98.7%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Jindal Steel Ltd (Basic Materials) Equity, Since 31 Jan 22 \| 532286	4%	₹297 Cr	2,786,470
Muthoot Finance Ltd (Financial Services) Equity, Since 30 Nov 23 \| 533398	4%	₹262 Cr	824,501
Bharti Hexacom Ltd (Communication Services) Equity, Since 30 Apr 24 \| BHARTIHEXA	4%	₹256 Cr	1,376,584
APL Apollo Tubes Ltd (Basic Materials) Equity, Since 30 Sep 22 \| APLAPOLLO	4%	₹255 Cr	1,425,196
BSE Ltd (Financial Services) Equity, Since 30 Apr 24 \| BSE	4%	₹251 Cr	1,011,840 ↑ 43,485
UPL Ltd (Basic Materials) Equity, Since 31 Oct 22 \| UPL	4%	₹250 Cr	3,465,469
Prestige Estates Projects Ltd (Real Estate) Equity, Since 30 Jun 23 \| PRESTIGE	4%	₹247 Cr	1,418,018
Jindal Stainless Ltd (Basic Materials) Equity, Since 31 Aug 22 \| JSL	3%	₹234 Cr	3,106,731
PB Fintech Ltd (Financial Services) Equity, Since 31 May 24 \| 543390	3%	₹234 Cr	1,308,585 ↑ 100,000
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 30 Apr 24 \| MCX	3%	₹229 Cr	247,972

3. TATA Mid Cap Growth Fund

To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks.

Research Highlights for TATA Mid Cap Growth Fund

Lower mid AUM (₹5,283 Cr).
Oldest track record among peers (31 yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 21.91% (lower mid).
3Y return: 21.33% (upper mid).
1Y return: 5.62% (upper mid).
Alpha: -3.43 (lower mid).
Sharpe: -0.12 (upper mid).
Information ratio: -0.66 (lower mid).
Top sector: Industrials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~95%).
Largest holding Cummins India Ltd (~3.0%).

Below is the key information for TATA Mid Cap Growth Fund

TATA Mid Cap Growth Fund Growth
Launch Date	1 Jul 94
NAV (28 Nov 25)	₹449.738 ↓ -0.68 (-0.15 %)
Net Assets (Cr)	₹5,283 on 31 Oct 25
Category	Equity - Mid Cap
AMC	Tata Asset Management Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.88
Sharpe Ratio	-0.12
Information Ratio	-0.66
Alpha Ratio	-3.43
Min Investment	5,000
Min SIP Investment	150
Exit Load	0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹16,408
31 Oct 22	₹16,713
31 Oct 23	₹20,404
31 Oct 24	₹28,942
31 Oct 25	₹29,727

TATA Mid Cap Growth Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for TATA Mid Cap Growth Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Nov 25

Duration	Returns
1 Month	2.2%
3 Month	6.3%
6 Month	8.8%
1 Year	5.6%
3 Year	21.3%
5 Year	21.9%
10 Year
15 Year
Since launch	12.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	22.7%
2023	40.5%
2022	0.6%
2021	40%
2020	24.3%
2019	6.5%
2018	-13%
2017	49.8%
2016	-2.2%
2015	10.8%

Fund Manager information for TATA Mid Cap Growth Fund

Name	Since	Tenure
Satish Mishra	9 Mar 21	4.65 Yr.

Data below for TATA Mid Cap Growth Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Industrials	18.83%
Financial Services	18.39%
Health Care	14.69%
Consumer Cyclical	12.88%
Basic Materials	11.93%
Technology	4.87%
Real Estate	3.28%
Communication Services	3.27%
Consumer Defensive	3.15%
Utility	1.94%
Energy	1.62%

Asset Allocation

Asset Class	Value
Cash	4.6%
Equity	95.4%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Cummins India Ltd (Industrials) Equity, Since 31 Mar 21 \| 500480	3%	₹161 Cr	369,694
Indian Bank (Financial Services) Equity, Since 31 Oct 21 \| 532814	3%	₹159 Cr	1,848,863
Alkem Laboratories Ltd (Healthcare) Equity, Since 31 Mar 21 \| ALKEM	3%	₹154 Cr	278,911
AU Small Finance Bank Ltd (Financial Services) Equity, Since 30 Nov 24 \| 540611	3%	₹149 Cr	1,700,000
The Federal Bank Ltd (Financial Services) Equity, Since 31 May 18 \| FEDERALBNK	2%	₹125 Cr	5,297,792 ↑ 797,792
UNO Minda Ltd (Consumer Cyclical) Equity, Since 31 Mar 21 \| UNOMINDA	2%	₹124 Cr	1,001,126
UPL Ltd (Basic Materials) Equity, Since 31 Oct 24 \| UPL	2%	₹122 Cr	1,700,000
L&T Finance Ltd (Financial Services) Equity, Since 31 Jan 25 \| LTF	2%	₹122 Cr	4,500,000
ICICI Lombard General Insurance Co Ltd (Financial Services) Equity, Since 31 Jul 24 \| ICICIGI	2%	₹120 Cr	600,000
Lupin Ltd (Healthcare) Equity, Since 31 Dec 22 \| 500257	2%	₹118 Cr	600,000

4. 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 (₹3,496 Cr).
Established history (20+ yrs).
Rating: 3★ (top quartile).
Risk profile: Moderately High.
5Y return: 24.39% (top quartile).
3Y return: 20.11% (upper mid).
1Y return: 1.88% (lower mid).
Alpha: 2.09 (top quartile).
Sharpe: -0.12 (upper mid).
Information ratio: -0.43 (upper mid).
Top sector: Consumer Cyclical.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~94%).
Largest holding Aster DM Healthcare Ltd Ordinary Shares (~3.3%).

Below is the key information for Sundaram Small Cap Fund

Sundaram Small Cap Fund Growth
Launch Date	15 Feb 05
NAV (28 Nov 25)	₹263.182 ↓ -0.19 (-0.07 %)
Net Assets (Cr)	₹3,496 on 31 Oct 25
Category	Equity - Small Cap
AMC	Sundaram Asset Management Company Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.94
Sharpe Ratio	-0.12
Information Ratio	-0.43
Alpha Ratio	2.09
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
31 Oct 20	₹10,000
31 Oct 21	₹18,619
31 Oct 22	₹19,219
31 Oct 23	₹24,060
31 Oct 24	₹33,312
31 Oct 25	₹33,850

Sundaram Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 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 28 Nov 25

Duration	Returns
1 Month	-0.9%
3 Month	5%
6 Month	4.9%
1 Year	1.9%
3 Year	20.1%
5 Year	24.4%
10 Year
15 Year
Since launch	17%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2015	7.8%

Fund Manager information for Sundaram Small Cap Fund

Name	Since	Tenure
Rohit Seksaria	1 Nov 22	3 Yr.

Data below for Sundaram Small Cap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Consumer Cyclical	19.13%
Financial Services	18.65%
Industrials	18.24%
Health Care	11.99%
Basic Materials	8.49%
Communication Services	5.41%
Technology	4.38%
Consumer Defensive	2.59%
Real Estate	2.58%
Utility	1.09%

Asset Allocation

Asset Class	Value
Cash	5.96%
Equity	93.99%
Debt	0.05%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Nov 23 \| ASTERDM	3%	₹114 Cr	1,681,362 ↓ -217,293
Affle 3i Ltd (Communication Services) Equity, Since 31 May 21 \| AFFLE	3%	₹102 Cr	530,036
MTAR Technologies Ltd (Industrials) Equity, Since 31 Dec 24 \| MTARTECH	3%	₹102 Cr	399,900
E I D Parry India Ltd (Basic Materials) Equity, Since 31 Jul 24 \| EIDPARRY	3%	₹98 Cr	914,768 ↑ 15,305
Craftsman Automation Ltd (Consumer Cyclical) Equity, Since 30 Jun 24 \| CRAFTSMAN	3%	₹94 Cr	140,821
SJS Enterprises Ltd (Consumer Cyclical) Equity, Since 31 Aug 23 \| 543387	3%	₹93 Cr	577,256 ↓ -64,527
Safari Industries (India) Ltd (Consumer Cyclical) Equity, Since 28 Feb 21 \| 523025	3%	₹92 Cr	431,921
Rategain Travel Technologies Ltd (Technology) Equity, Since 30 Jun 23 \| 543417	3%	₹92 Cr	1,434,521 ↑ 26,843
PNB Housing Finance Ltd (Financial Services) Equity, Since 31 Jul 24 \| PNBHOUSING	3%	₹89 Cr	953,608 ↓ -37,951
Cholamandalam Financial Holdings Ltd (Financial Services) Equity, Since 31 Jan 20 \| CHOLAHLDNG	2%	₹76 Cr	395,668

5. BNP Paribas Mid Cap Fund

The Investment objective of the scheme is to seek to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in the middle and small capitalization segment, defi ned as ‘Future Leaders’. The fund will emphasize on companies that appear to offer opportunities for long-term growth and will be inclined towards companies that are driven by dynamic style of management and entrepreneurial fl air. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Research Highlights for BNP Paribas Mid Cap Fund

Bottom quartile AUM (₹2,276 Cr).
Established history (19+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 22.53% (lower mid).
3Y return: 20.07% (lower mid).
1Y return: 4.66% (upper mid).
Alpha: -3.98 (bottom quartile).
Sharpe: -0.17 (lower mid).
Information ratio: -1.03 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding GE Vernova T&D India Ltd (~3.3%).

Below is the key information for BNP Paribas Mid Cap Fund

BNP Paribas Mid Cap Fund Growth
Launch Date	2 May 06
NAV (28 Nov 25)	₹105.252 ↑ 0.09 (0.09 %)
Net Assets (Cr)	₹2,276 on 31 Oct 25
Category	Equity - Mid Cap
AMC	BNP Paribas Asset Mgmt India Pvt. Ltd
Rating	☆☆☆
Risk	High
Expense Ratio	2
Sharpe Ratio	-0.17
Information Ratio	-1.03
Alpha Ratio	-3.98
Min Investment	5,000
Min SIP Investment	300
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹17,227
31 Oct 22	₹17,820
31 Oct 23	₹20,520
31 Oct 24	₹29,640
31 Oct 25	₹30,309

BNP Paribas Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691 Invest Now

Returns for BNP Paribas Mid 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 28 Nov 25

Duration	Returns
1 Month	1.9%
3 Month	6.5%
6 Month	6.3%
1 Year	4.7%
3 Year	20.1%
5 Year	22.5%
10 Year
15 Year
Since launch	12.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	28.5%
2023	32.6%
2022	4.7%
2021	41.5%
2020	23.1%
2019	5.2%
2018	-17.5%
2017	49%
2016	-1.2%
2015	15.3%

Fund Manager information for BNP Paribas Mid Cap Fund

Name	Since	Tenure
Shiv Chanani	13 Jul 22	3.31 Yr.
Himanshu Singh	21 Oct 24	1.03 Yr.

Data below for BNP Paribas Mid Cap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Financial Services	20.53%
Consumer Cyclical	19.26%
Industrials	14.35%
Health Care	12.93%
Basic Materials	11.84%
Technology	6.72%
Energy	3.4%
Consumer Defensive	3.33%
Real Estate	2.22%
Communication Services	1.93%

Asset Allocation

Asset Class	Value
Cash	3.49%
Equity	96.5%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
GE Vernova T&D India Ltd (Industrials) Equity, Since 30 Sep 24 \| 522275	3%	₹76 Cr	250,000
Indian Bank (Financial Services) Equity, Since 30 Jun 21 \| 532814	3%	₹69 Cr	800,000
PB Fintech Ltd (Financial Services) Equity, Since 28 Feb 23 \| 543390	3%	₹62 Cr	350,000
Navin Fluorine International Ltd (Basic Materials) Equity, Since 30 Apr 23 \| NAVINFLUOR	2%	₹57 Cr	100,000
Hitachi Energy India Ltd Ordinary Shares (Industrials) Equity, Since 31 Dec 22 \| POWERINDIA	2%	₹53 Cr	30,000
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 31 Jan 24 \| 500103	2%	₹53 Cr	2,000,000
Hindustan Petroleum Corp Ltd (Energy) Equity, Since 30 Nov 24 \| HINDPETRO	2%	₹52 Cr	1,100,000
Phoenix Mills Ltd (Real Estate) Equity, Since 31 Oct 22 \| 503100	2%	₹50 Cr	300,000
The Federal Bank Ltd (Financial Services) Equity, Since 31 Jul 16 \| FEDERALBNK	2%	₹47 Cr	2,000,000
Fortis Healthcare Ltd (Healthcare) Equity, Since 30 Apr 25 \| 532843	2%	₹46 Cr	450,000 ↓ -50,000

6. Aditya Birla Sun Life Midcap Fund

An Open ended Growth Scheme with the objective to achieve long term growth of capital at controlled level of risk by investing primarily in ‘Mid-Cap’ Stocks. The level of risk is somewhat higher than a fund focused on large and liquid stocks. Concomitantly, the aim is to generate higher returns than a fund focused on large and liquid stocks.

Research Highlights for Aditya Birla Sun Life Midcap Fund

Upper mid AUM (₹6,271 Cr).
Established history (23+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.85% (bottom quartile).
3Y return: 19.86% (lower mid).
1Y return: 4.46% (lower mid).
Alpha: -4.40 (bottom quartile).
Sharpe: -0.17 (bottom quartile).
Information ratio: -0.80 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding AU Small Finance Bank Ltd (~3.9%).

Below is the key information for Aditya Birla Sun Life Midcap Fund

Aditya Birla Sun Life Midcap Fund Growth
Launch Date	3 Oct 02
NAV (28 Nov 25)	₹802.28 ↑ 0.05 (0.01 %)
Net Assets (Cr)	₹6,271 on 31 Oct 25
Category	Equity - Mid Cap
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.89
Sharpe Ratio	-0.17
Information Ratio	-0.8
Alpha Ratio	-4.4
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
31 Oct 20	₹10,000
31 Oct 21	₹17,521
31 Oct 22	₹17,431
31 Oct 23	₹20,468
31 Oct 24	₹29,496
31 Oct 25	₹30,005

Aditya Birla Sun Life Midcap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for Aditya Birla Sun Life Midcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Nov 25

Duration	Returns
1 Month	0%
3 Month	4.4%
6 Month	5%
1 Year	4.5%
3 Year	19.9%
5 Year	21.9%
10 Year
15 Year
Since launch	20.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	22%
2023	39.9%
2022	-5.3%
2021	50.4%
2020	15.5%
2019	-3.7%
2018	-16%
2017	44.8%
2016	5.7%
2015	10.4%

Fund Manager information for Aditya Birla Sun Life Midcap Fund

Name	Since	Tenure
Vishal Gajwani	31 Oct 24	1 Yr.

Data below for Aditya Birla Sun Life Midcap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Financial Services	22.08%
Consumer Cyclical	17.67%
Basic Materials	15.62%
Technology	11.4%
Industrials	10.99%
Health Care	8.26%
Real Estate	5.18%
Consumer Defensive	2.75%
Utility	2.31%
Communication Services	1.1%

Asset Allocation

Asset Class	Value
Cash	2.62%
Equity	97.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
AU Small Finance Bank Ltd (Financial Services) Equity, Since 30 Nov 19 \| 540611	4%	₹246 Cr	2,807,000
Max Financial Services Ltd (Financial Services) Equity, Since 28 Feb 17 \| 500271	3%	₹190 Cr	1,225,565
The Federal Bank Ltd (Financial Services) Equity, Since 31 Mar 12 \| FEDERALBNK	3%	₹177 Cr	7,474,853
APL Apollo Tubes Ltd (Basic Materials) Equity, Since 31 Aug 24 \| APLAPOLLO	3%	₹171 Cr	954,980
K.P.R. Mill Ltd (Consumer Cyclical) Equity, Since 31 Aug 20 \| KPRMILL	3%	₹160 Cr	1,500,000
Prestige Estates Projects Ltd (Real Estate) Equity, Since 30 Nov 24 \| PRESTIGE	3%	₹160 Cr	916,888
Thermax Ltd (Industrials) Equity, Since 31 Oct 19 \| THERMAX	3%	₹158 Cr	492,065
Torrent Power Ltd (Utilities) Equity, Since 31 Oct 19 \| 532779	2%	₹145 Cr	1,100,000
JK Cement Ltd (Basic Materials) Equity, Since 31 Jan 24 \| JKCEMENT	2%	₹137 Cr	220,298
Mphasis Ltd (Technology) Equity, Since 31 Mar 20 \| 526299	2%	₹134 Cr	484,677

7. IDBI Midcap Fund

The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However there can be no assurance that the investment objective under the scheme will be realized.

Research Highlights for IDBI Midcap Fund

Bottom quartile AUM (₹348 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 19.29% (bottom quartile).
3Y return: 19.66% (bottom quartile).
1Y return: 1.61% (bottom quartile).
Alpha: -4.50 (bottom quartile).
Sharpe: -0.15 (lower mid).
Information ratio: -0.81 (bottom quartile).
Top sector: Consumer Cyclical.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
Largest holding UNO Minda Ltd (~3.8%).

Below is the key information for IDBI Midcap Fund

IDBI Midcap Fund Growth
Launch Date	25 Jan 17
NAV (28 Nov 25)	₹29.5877 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹348 on 31 Oct 25
Category	Equity - Mid Cap
AMC	IDBI Asset Management Limited
Rating	Not Rated
Risk	Moderately High
Expense Ratio	2.29
Sharpe Ratio	-0.15
Information Ratio	-0.81
Alpha Ratio	-4.5
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
31 Oct 20	₹10,000
31 Oct 21	₹16,284
31 Oct 22	₹15,651
31 Oct 23	₹18,120
31 Oct 24	₹26,691
31 Oct 25	₹27,078

IDBI Midcap 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 IDBI Midcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Nov 25

Duration	Returns
1 Month	0.5%
3 Month	4.6%
6 Month	3.3%
1 Year	1.6%
3 Year	19.7%
5 Year	19.3%
10 Year
15 Year
Since launch	13.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	29.1%
2023	35.9%
2022	-4.1%
2021	36.6%
2020	24.3%
2019	-2.5%
2018	-14.5%
2017
2016
2015

Fund Manager information for IDBI Midcap Fund

Name	Since	Tenure
Karan Doshi	31 Jul 23	2.26 Yr.
Dikshit Mittal	31 Jul 23	2.26 Yr.

Data below for IDBI Midcap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Consumer Cyclical	21.78%
Financial Services	18.31%
Industrials	15.56%
Technology	10.32%
Basic Materials	8.4%
Health Care	7.19%
Consumer Defensive	5.23%
Communication Services	4.33%
Real Estate	2.7%
Utility	1.39%
Energy	1.31%

Asset Allocation

Asset Class	Value
Cash	2.05%
Equity	97.95%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
UNO Minda Ltd (Consumer Cyclical) Equity, Since 28 Feb 17 \| UNOMINDA	4%	₹13 Cr	105,773
Shakti Pumps (India) Ltd (Industrials) Equity, Since 31 Mar 24 \| SHAKTIPUMP	3%	₹12 Cr	143,945
The Federal Bank Ltd (Financial Services) Equity, Since 31 Dec 17 \| FEDERALBNK	2%	₹9 Cr	359,305 ↑ 29,691
Mahindra & Mahindra Financial Services Ltd (Financial Services) Equity, Since 31 May 24 \| M&MFIN	2%	₹8 Cr	267,974
Muthoot Finance Ltd (Financial Services) Equity, Since 30 Nov 19 \| 533398	2%	₹8 Cr	25,597
Bharat Electronics Ltd (Industrials) Equity, Since 31 Jul 19 \| BEL	2%	₹8 Cr	189,881
Trent Ltd (Consumer Cyclical) Equity, Since 28 Feb 17 \| 500251	2%	₹8 Cr	16,206
Allied Blenders and Distillers Ltd (Consumer Defensive) Equity, Since 31 Aug 24 \| ABDL	2%	₹8 Cr	113,454
Indian Hotels Co Ltd (Consumer Cyclical) Equity, Since 31 Jan 23 \| 500850	2%	₹7 Cr	97,473
Alkem Laboratories Ltd (Healthcare) Equity, Since 30 Nov 19 \| ALKEM	2%	₹7 Cr	12,978

8. 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

Lower mid AUM (₹5,127 Cr).
Established history (18+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 20.09% (bottom quartile).
3Y return: 18.00% (bottom quartile).
1Y return: -2.38% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.25 (bottom quartile).
Information ratio: 0.00 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~94%).
Largest holding Navin Fluorine International Ltd (~2.9%).

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 (28 Nov 25)	₹86.4478 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹5,127 on 31 Oct 25
Category	Equity - Small Cap
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.89
Sharpe Ratio	-0.25
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
31 Oct 20	₹10,000
31 Oct 21	₹17,963
31 Oct 22	₹17,176
31 Oct 23	₹21,138
31 Oct 24	₹29,123
31 Oct 25	₹28,540

Aditya Birla Sun Life Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 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 28 Nov 25

Duration	Returns
1 Month	-0.6%
3 Month	4.7%
6 Month	3.6%
1 Year	-2.4%
3 Year	18%
5 Year	20.1%
10 Year
15 Year
Since launch	12.3%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2015	13.4%

Fund Manager information for Aditya Birla Sun Life Small Cap Fund

Name	Since	Tenure
Abhinav Khandelwal	31 Oct 24	1 Yr.
Dhaval Joshi	21 Nov 22	2.95 Yr.

Data below for Aditya Birla Sun Life Small Cap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Financial Services	19.92%
Industrials	17.97%
Consumer Cyclical	16.2%
Basic Materials	13.09%
Health Care	12.82%
Consumer Defensive	7.26%
Real Estate	3.26%
Technology	2.19%
Utility	1.54%

Asset Allocation

Asset Class	Value
Cash	5.75%
Equity	94.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Jul 20 \| NAVINFLUOR	3%	₹148 Cr	260,056
TD Power Systems Ltd (Industrials) Equity, Since 30 Jun 23 \| TDPOWERSYS	2%	₹122 Cr	1,572,000 ↓ -318,924
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Dec 24 \| MCX	2%	₹119 Cr	128,200 ↓ -18,000
Sai Life Sciences Ltd (Healthcare) Equity, Since 30 Jun 25 \| SAILIFE	2%	₹113 Cr	1,225,785
SJS Enterprises Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| 543387	2%	₹105 Cr	648,153 ↓ -25,000
Tega Industries Ltd (Industrials) Equity, Since 31 Dec 21 \| 543413	2%	₹104 Cr	535,000
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 31 Dec 23 \| 543308	2%	₹94 Cr	1,301,548
CCL Products (India) Ltd (Consumer Defensive) Equity, Since 31 May 20 \| CCL	2%	₹93 Cr	1,078,825
Karur Vysya Bank Ltd (Financial Services) Equity, Since 30 Nov 24 \| 590003	2%	₹93 Cr	3,808,336 ↑ 500,000
PNB Housing Finance Ltd (Financial Services) Equity, Since 31 Aug 24 \| PNBHOUSING	2%	₹89 Cr	956,130

9. 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

Top quartile AUM (₹8,622 Cr).
Established history (18+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 23.96% (upper mid).
3Y return: 16.37% (bottom quartile).
1Y return: -0.92% (bottom quartile).
Alpha: -1.20 (lower mid).
Sharpe: -0.28 (bottom quartile).
Information ratio: -0.85 (bottom quartile).
Higher exposure to Industrials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~93%).
High-quality debt (AAA/AA ~100%).
Largest holding Nifty 50 Index (~4.5%).

Below is the key information for ICICI Prudential Smallcap Fund

ICICI Prudential Smallcap Fund Growth
Launch Date	18 Oct 07
NAV (28 Nov 25)	₹86.27 ↓ -0.18 (-0.21 %)
Net Assets (Cr)	₹8,622 on 31 Oct 25
Category	Equity - Small Cap
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.78
Sharpe Ratio	-0.28
Information Ratio	-0.85
Alpha Ratio	-1.2
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
31 Oct 20	₹10,000
31 Oct 21	₹19,459
31 Oct 22	₹21,040
31 Oct 23	₹25,274
31 Oct 24	₹34,020
31 Oct 25	₹33,809

ICICI Prudential Smallcap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹543,623.
Net Profit of ₹243,623 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 28 Nov 25

Duration	Returns
1 Month	-2.1%
3 Month	-0.5%
6 Month	1.2%
1 Year	-0.9%
3 Year	16.4%
5 Year	24%
10 Year
15 Year
Since launch	12.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	15.6%
2023	37.9%
2022	5.7%
2021	61%
2020	22.8%
2019	10%
2018	-22.4%
2017	42.7%
2016	6%
2015	0.5%

Fund Manager information for ICICI Prudential Smallcap Fund

Name	Since	Tenure
Anish Tawakley	18 Sep 23	2.12 Yr.
Sharmila D’mello	30 Jun 22	3.34 Yr.
Aatur Shah	21 Apr 25	0.53 Yr.

Data below for ICICI Prudential Smallcap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Industrials	26.46%
Basic Materials	22.9%
Consumer Cyclical	12.76%
Financial Services	8.9%
Health Care	7.17%
Consumer Defensive	2.87%
Utility	2.45%
Real Estate	1.44%
Technology	1.18%
Energy	0.65%
Communication Services	0.37%

Asset Allocation

Asset Class	Value
Cash	6.12%
Equity	92.95%
Debt	0.93%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nifty 50 Index - \| -	5%	₹389 Cr	150,000 ↑ 150,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Oct 23 \| LT	4%	₹306 Cr	760,000 ↓ -20,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 25 \| HDFCBANK	3%	₹253 Cr	2,565,056 ↑ 265,056
Gujarat Pipavav Port Ltd (Industrials) Equity, Since 31 Mar 18 \| 533248	3%	₹220 Cr	13,229,877
Procter & Gamble Health Ltd (Healthcare) Equity, Since 29 Feb 24 \| PGHL	3%	₹220 Cr	356,022
Tata Chemicals Ltd (Basic Materials) Equity, Since 31 Aug 24 \| TATACHEM	2%	₹205 Cr	2,300,000
Atul Ltd (Basic Materials) Equity, Since 31 Oct 23 \| ATUL	2%	₹200 Cr	346,657
Gillette India Ltd (Consumer Defensive) Equity, Since 31 Dec 23 \| GILLETTE	2%	₹197 Cr	218,670 ↑ 30,350
UltraTech Cement Ltd (Basic Materials) Equity, Since 30 Sep 23 \| 532538	2%	₹179 Cr	150,000
Hero MotoCorp Ltd (Consumer Cyclical) Equity, Since 30 Apr 24 \| HEROMOTOCO	2%	₹177 Cr	320,000

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.