fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » ABSL Small Cap Vs HDFC Small Cap Fund

Aditya Birla Sun Life Small Cap Fund Vs HDFC Small Cap Fund

Updated on September 28, 2022 , 2405 views

HDFC small cap Fund and Aditya Birla Sun Life Small Cap Fund both the schemes belong to the small-cap category of Equity Funds. These funds invest their corpus in shares of companies whose Market capitalization is less than INR 500 Crores. These companies are either start-ups or in their early stages of development and have huge growth potentials. In addition, these companies in many situations have performed better as compared to other large and mid-cap companies. However, the investment tenure of small-cap companies is generally high. Though HDFC Small Cap Fund and Aditya Birla Sun Life Small Cap Fund belong to the same category, nevertheless; they differ on account of numerous parameters. So, let’s analyze the differences between these schemes through these parameters.

Aditya Birla Sun Life Small Cap Fund (Erstwhile Aditya Birla Sun Life Small & Midcap Fund)

Aditya Birla Sun Life Small Cap Fund (earlier known as Aditya Birla Sun Life Small & Midcap Fund) is an open-ended scheme offered by Aditya Birla Sun Life Mutual Fund under the small-cap category. The investment goal of this scheme is to attain generate growth in Capital investment in the long-term tenure by primarily Investing in shares of small and midcap companies. The scheme was incepted on May 30, 2007, and is managed solely by Mr. Jayesh Gandhi. The highlight of ABSL Small Cap Fund is that it invests more than 70% of its accumulated fund money in shares of small-cap companies. As on March 31, 2018, some of the top 10 holdings of this scheme of Birla Sun Life Mutual Fund included Tata Metaliks Limited, Gujrat State Petronet Limited, CG Power & Industrial Solutions Limited, and DCB Bank Limited.

HDFC Small Cap Fund

The objective of HDFC Small Cap Fund is to attain appreciation in the capital invested by the investors in the long-term tenure by investing the money mainly in companies forming part of the small-cap category. The risk-appetite of HDFC Small Cap Fund is moderately high and is suitable for investors seeking an investment in small-cap companies thereby attaining capital growth. HDFC Small Cap Fund is managed by HDFC Mutual Fund and was launched in the month of April 2008. The scheme uses NIFTY Smallcap 100 Index and NIFTY 50 as its primary and additional benchmark to construct its portfolio. Mr. Chirag Setalvad and Mr. Rakesh Vyas together manage the HDFC Small Cap Fund. Sonata Software Limited, Atul Limited, Chambal Fertilizers and Chemicals Limited, and SKF India Limited, are some of the holdings that are part of HDFC Small Cap Fund’s portfolio as on March 31, 2018.

Aditya Birla Sun Life Small Cap Fund Vs HDFC Small Cap Fund

Though both the schemes belong to the same category, yet; they differ on account of numerous parameters such as performance, current NAV, and so on. So, let’s understand the differences between Aditya Birla Sun Life Small Cap Fund Vs HDFC Small Cap Fund through this article.

Basics Section

It is the first section in the comparison that includes elements such as Current NAV, scheme category, and Fincash Rating. To begin with the scheme category, it can be referred that both the schemes belong to the same category of Equity Mid & Small-cap. The comparison of NAV shows that HDFC Small Cap Fund leads the race. As on April 26, 2018, the NAV of ABSL Small Cap Fund was approximately INR 42 while of HDFC Small Cap Fund was around INR 47. With respect to Fincash Rating, it can be said that Aditya Birla Sun Life Small Cap Fund is rated as a 5-Star scheme and HDFC Small Cap Fund is rated as a 4-Star scheme. The summary comparison of the basics section is tabulated as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
₹52.1419 ↑ 0.81   (1.57 %)
₹2,953 on 31 Aug 22
31 May 07
Equity
Small Cap
1
Moderately High
2.13
-0.17
0
0
Not Available
0-365 Days (1%),365 Days and above(NIL)
HDFC Small Cap Fund
Growth
Fund Details
₹76.079 ↑ 1.37   (1.84 %)
₹13,797 on 31 Aug 22
3 Apr 08
Equity
Small Cap
9
Moderately High
1.92
0.32
0
0
Not Available
0-1 Years (1%),1 Years and above(NIL)

Performance Section

This being the second section compares the CAGR or Compounded Annual Growth Rate returns of both the schemes at different time intervals. These time intervals include 1 Month Return, 6 Month Return, 3 Year Return, and Return since Inception. The analysis of the performance section shows that; HDFC Small Cap Fund leads the race in many instances. In addition, there also exists a significant difference between the returns of both the schemes. The table given below shows the summary comparison of the performance section.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
-0.1%
13.1%
1.1%
-5.1%
19.7%
6.3%
11.3%
HDFC Small Cap Fund
Growth
Fund Details
0.6%
17.6%
7.1%
3.5%
24.9%
14.8%
15%

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Yearly Performance Section

It is the third section in the comparison of the schemes. The comparable element of yearly performance section is the absolute returns generated by both the schemes for a particular year. With respect to absolute returns, it can be said that for certain years, ABSL Small Cap Fund has done better while in others, HDFC Small Cap Fund has performed well. The table given below summarizes the comparison of yearly performance section.

Parameters
Yearly Performance2021
2020
2019
2018
2017
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
51.4%
19.8%
-11.5%
-22.6%
56.7%
HDFC Small Cap Fund
Growth
Fund Details
64.9%
20.2%
-9.5%
-8.1%
60.8%

Other Details Sections

AUM, minimum SIP investment, and minimum lumpsum investment are some of the parameters that form part of the other details section. With respect to the AUM, there is not much difference between both the schemes, though HDFC Mutual Fund’s scheme leads the race. As on March 31, 2018, the AUM of ABSL Small Cap Fund was approximately INR 2,089 Crores while of HDFC Small Cap Fund was around INR 2,968 Crores. Both the schemes also differ on account of minimum SIP and lumpsum investment. The minimum SIP and lumpsum investment for ABSL Small Cap Fund are INR 1,000 for both respectively. However, the SIP and lumpsum investment for HDFC Small Cap Fund is INR 500 and INR 5,000. The summary comparison of this section is as shown in the table given below.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
₹1,000
₹1,000
Nitesh Jain - 0.42 Yr.
HDFC Small Cap Fund
Growth
Fund Details
₹300
₹5,000
Chirag Setalvad - 8.18 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
DateValue
30 Sep 17₹10,000
30 Sep 18₹8,943
30 Sep 19₹7,916
30 Sep 20₹7,866
30 Sep 21₹14,303
Growth of 10,000 investment over the years.
HDFC Small Cap Fund
Growth
Fund Details
DateValue
30 Sep 17₹10,000
30 Sep 18₹10,978
30 Sep 19₹10,264
30 Sep 20₹10,033
30 Sep 21₹19,296

Detailed portfolio Comparison

Asset Allocation
Aditya Birla Sun Life Small Cap Fund
Growth
Fund Details
Asset ClassValue
Cash3.92%
Equity96.08%
Equity Sector Allocation
SectorValue
Industrials21.27%
Consumer Cyclical19.49%
Basic Materials13.15%
Financial Services11.38%
Consumer Defensive8.23%
Technology7.96%
Health Care7.54%
Communication Services3.55%
Real Estate2.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JK Cement Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JKCEMENT
4%₹104 Cr382,585
Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | 543187
3%₹84 Cr223,165
Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Dec 18 | 504973
2%₹71 Cr1,072,811
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 532497
2%₹70 Cr668,871
CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 519600
2%₹69 Cr1,431,021
Endurance Technologies Ltd (Consumer Cyclical)
Equity, Since 30 Apr 20 | ENDURANCE
2%₹68 Cr451,140
Campus Activewear Ltd (Consumer Cyclical)
Equity, Since 30 Apr 22 | 543523
2%₹62 Cr1,261,878
↓ -17,861
BEML Ltd (Industrials)
Equity, Since 28 Feb 18 | 500048
2%₹62 Cr334,263
Cyient Ltd (Industrials)
Equity, Since 30 Jun 14 | CYIENT
2%₹57 Cr669,708
V-Guard Industries Ltd (Industrials)
Equity, Since 30 Apr 16 | 532953
2%₹56 Cr2,445,000
Asset Allocation
HDFC Small Cap Fund
Growth
Fund Details
Asset ClassValue
Cash5.67%
Equity94.33%
Equity Sector Allocation
SectorValue
Industrials24.93%
Consumer Cyclical21.97%
Basic Materials12.28%
Technology12.2%
Financial Services11.66%
Health Care4.74%
Consumer Defensive4.02%
Communication Services2.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | 500031
5%₹676 Cr5,485,727
Sonata Software Ltd (Technology)
Equity, Since 31 Oct 17 | 532221
4%₹578 Cr8,105,875
Bank of Baroda (Financial Services)
Equity, Since 31 Mar 19 | 532134
4%₹519 Cr39,659,883
↑ 1,345,682
Firstsource Solutions Ltd (Technology)
Equity, Since 31 Mar 18 | 532809
4%₹505 Cr47,000,000
↓ -1,455,000
eClerx Services Ltd (Technology)
Equity, Since 31 Mar 18 | 532927
3%₹391 Cr1,858,127
↓ -3,341
Great Eastern Shipping Co Ltd (Industrials)
Equity, Since 31 Jan 15 | GESHIP
3%₹380 Cr6,668,480
Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Jun 19 | 540975
3%₹365 Cr16,512,928
Chambal Fertilisers & Chemicals Ltd (Basic Materials)
Equity, Since 28 Feb 18 | 500085
3%₹364 Cr10,400,000
↓ -100,000
Gujarat Fluorochemicals Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Oct 19 | 542812
3%₹345 Cr1,032,819
KEI Industries Ltd (Industrials)
Equity, Since 30 Sep 17 | 517569
2%₹340 Cr2,312,000

To conclude in a nutshell, it can be said that there are differences between both the schemes in-spite of them belonging to the same category. As a consequence, individuals should be careful while investing in any of the schemes. They should understand its modalities completely and check whether the scheme suits their investment objective or not. This will help them to attain their objectives on time along with ensuring that their capital is safe.

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.
How helpful was this page ?
Rated 5, based on 1 reviews.
POST A COMMENT