2021 के लिए शीर्ष 10 प्रदर्शन करने वाले स्मॉल कैप म्युचुअल फंड

Updated on November 22, 2025 , 1520 views

छोटी टोपीम्यूचुअल फंड्स उन योजनाओं का संदर्भ लें जिनके कोष का पैसा उन कंपनियों के शेयरों में निवेश किया जाता है जिनके पास aमंडी INR 500 करोड़ से कम का पूंजीकरण। इस श्रेणी को आगे माइक्रो-कैप और नैनो-कैप शेयरों में वर्गीकृत किया गया है। जब वर्गीकरण की बात आती है तो ये कंपनियां पिरामिड में सबसे नीचे होती हैंआधार बाजार पूंजीकरण का। ये योजनाएं पोर्टफोलियो में विविधता लाने और उच्च विकास क्षमता रखने में मदद करती हैं। कुछ मामलों में, इन कंपनियों ने की तुलना में अधिक रिटर्न अर्जित किया हैलार्ज कैप फंड. हालांकि, इन कंपनियों के फेल होने का खतरा भी ज्यादा होता है। साल 2021 में स्मॉलकैप शेयरों का प्रदर्शन काफी अच्छा रहा है. इन फंडों ने भी अपने निवेशकों के लिए काफी रिटर्न उत्पन्न किया है। तो, आइए देखते हैं कुछ शीर्ष और सर्वश्रेष्ठ प्रदर्शन करने वालेस्मॉल कैप फंड प्रदर्शन (रिटर्न) के आधार पर वर्ष 2021 के लिए।

Ready to Invest?
Talk to our investment specialist

प्रदर्शन के आधार पर 2021 के लिए सर्वश्रेष्ठ 10 प्रदर्शन करने वाले स्मॉल कैप फंड

Fund	NAV	Net Assets (Cr)	2024 (%)	2023 (%)	2022 (%)	2021 (%)	2020 (%)
IDBI Small Cap Fund Growth	₹29.4162 ↓ -0.39	₹647	40	33.4	2.4	64.7	19
Nippon India Small Cap Fund Growth	₹167.666 ↓ -0.51	₹68,969	26.1	48.9	6.5	74.3	29.2
DSP Small Cap Fund Growth	₹194.555 ↓ -0.39	₹16,868	25.6	41.2	0.5	58.9	33.1
Kotak Small Cap Fund Growth	₹250.074 ↓ -0.36	₹18,024	25.5	34.8	-3.1	70.9	34.2
SBI Small Cap Fund Growth	₹168.957 ↓ -0.31	₹36,945	24.1	25.3	8.1	47.6	33.6
Franklin India Smaller Companies Fund Growth	₹167.548 ↓ -1.17	₹13,790	23.2	52.1	3.6	56.4	18.7
Aditya Birla Sun Life Small Cap Fund Growth	₹85.6052 ↓ -0.56	₹5,127	21.5	39.4	-6.5	51.4	19.8
HDFC Small Cap Fund Growth	₹140.121 ↓ -0.47	₹38,412	20.4	44.8	4.6	64.9	20.2
Sundaram Small Cap Fund Growth	₹261.073 ↓ -0.85	₹3,496	19.1	45.3	-2.1	60.3	26.2
ICICI Prudential Smallcap Fund Growth	₹85.89 ↓ -0.27	₹8,622	15.6	37.9	5.7	61	22.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Nov 25

Research Highlights & Commentary of 10 Funds showcased

Commentary	IDBI Small Cap Fund	Nippon India Small Cap Fund	DSP Small Cap Fund	Kotak Small Cap Fund	SBI Small Cap Fund	Franklin India Smaller Companies Fund	Aditya Birla Sun Life Small Cap Fund	HDFC Small Cap Fund	Sundaram Small Cap Fund	ICICI Prudential Smallcap Fund
Point 1	Bottom quartile AUM (₹647 Cr).	Highest AUM (₹68,969 Cr).	Upper mid AUM (₹16,868 Cr).	Upper mid AUM (₹18,024 Cr).	Upper mid AUM (₹36,945 Cr).	Lower mid AUM (₹13,790 Cr).	Bottom quartile AUM (₹5,127 Cr).	Top quartile AUM (₹38,412 Cr).	Bottom quartile AUM (₹3,496 Cr).	Lower mid AUM (₹8,622 Cr).
Point 2	Established history (8+ yrs).	Established history (15+ yrs).	Established history (18+ yrs).	Oldest track record among peers (20 yrs).	Established history (16+ yrs).	Established history (19+ yrs).	Established history (18+ yrs).	Established history (17+ yrs).	Established history (20+ yrs).	Established history (18+ yrs).
Point 3	Not Rated.	Rating: 4★ (upper mid).	Rating: 4★ (upper mid).	Rating: 3★ (lower mid).	Top rated.	Rating: 4★ (upper mid).	Rating: 5★ (top quartile).	Rating: 4★ (lower mid).	Rating: 3★ (bottom quartile).	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.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 24.33% (lower mid).	5Y return: 29.60% (top quartile).	5Y return: 24.26% (lower mid).	5Y return: 22.59% (bottom quartile).	5Y return: 20.70% (bottom quartile).	5Y return: 25.45% (upper mid).	5Y return: 20.42% (bottom quartile).	5Y return: 27.28% (top quartile).	5Y return: 24.81% (upper mid).	5Y return: 24.36% (upper mid).
Point 6	3Y return: 16.32% (bottom quartile).	3Y return: 21.51% (top quartile).	3Y return: 19.92% (upper mid).	3Y return: 15.30% (bottom quartile).	3Y return: 13.69% (bottom quartile).	3Y return: 20.77% (upper mid).	3Y return: 18.05% (lower mid).	3Y return: 21.16% (top quartile).	3Y return: 20.18% (upper mid).	3Y return: 16.47% (lower mid).
Point 7	1Y return: -8.06% (bottom quartile).	1Y return: -0.83% (lower mid).	1Y return: 2.53% (upper mid).	1Y return: -6.56% (bottom quartile).	1Y return: -2.39% (lower mid).	1Y return: -2.78% (bottom quartile).	1Y return: 0.14% (upper mid).	1Y return: 4.50% (top quartile).	1Y return: 4.84% (top quartile).	1Y return: 0.92% (upper mid).
Point 8	Alpha: -5.20 (bottom quartile).	Alpha: -2.66 (lower mid).	Alpha: 0.00 (top quartile).	Alpha: -5.17 (bottom quartile).	Alpha: 0.00 (upper mid).	Alpha: -3.92 (bottom quartile).	Alpha: 0.00 (upper mid).	Alpha: 0.00 (upper mid).	Alpha: 2.09 (top quartile).	Alpha: -1.20 (lower mid).
Point 9	Sharpe: -0.43 (bottom quartile).	Sharpe: -0.35 (lower mid).	Sharpe: -0.17 (upper mid).	Sharpe: -0.46 (bottom quartile).	Sharpe: -0.45 (bottom quartile).	Sharpe: -0.40 (lower mid).	Sharpe: -0.25 (upper mid).	Sharpe: -0.07 (top quartile).	Sharpe: -0.12 (top quartile).	Sharpe: -0.28 (upper mid).
Point 10	Information ratio: -0.79 (bottom quartile).	Information ratio: -0.11 (upper mid).	Information ratio: 0.00 (top quartile).	Information ratio: -0.97 (bottom quartile).	Information ratio: 0.00 (top quartile).	Information ratio: -0.26 (lower mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: -0.43 (lower mid).	Information ratio: -0.85 (bottom quartile).

IDBI Small Cap Fund

Bottom quartile AUM (₹647 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.33% (lower mid).
3Y return: 16.32% (bottom quartile).
1Y return: -8.06% (bottom quartile).
Alpha: -5.20 (bottom quartile).
Sharpe: -0.43 (bottom quartile).
Information ratio: -0.79 (bottom quartile).

Nippon India Small Cap Fund

Highest AUM (₹68,969 Cr).
Established history (15+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 29.60% (top quartile).
3Y return: 21.51% (top quartile).
1Y return: -0.83% (lower mid).
Alpha: -2.66 (lower mid).
Sharpe: -0.35 (lower mid).
Information ratio: -0.11 (upper mid).

DSP Small Cap Fund

Upper mid AUM (₹16,868 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 24.26% (lower mid).
3Y return: 19.92% (upper mid).
1Y return: 2.53% (upper mid).
Alpha: 0.00 (top quartile).
Sharpe: -0.17 (upper mid).
Information ratio: 0.00 (top quartile).

Kotak Small Cap Fund

Upper mid AUM (₹18,024 Cr).
Oldest track record among peers (20 yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 22.59% (bottom quartile).
3Y return: 15.30% (bottom quartile).
1Y return: -6.56% (bottom quartile).
Alpha: -5.17 (bottom quartile).
Sharpe: -0.46 (bottom quartile).
Information ratio: -0.97 (bottom quartile).

SBI Small Cap Fund

Upper mid AUM (₹36,945 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 20.70% (bottom quartile).
3Y return: 13.69% (bottom quartile).
1Y return: -2.39% (lower mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.45 (bottom quartile).
Information ratio: 0.00 (top quartile).

Franklin India Smaller Companies Fund

Lower mid AUM (₹13,790 Cr).
Established history (19+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 25.45% (upper mid).
3Y return: 20.77% (upper mid).
1Y return: -2.78% (bottom quartile).
Alpha: -3.92 (bottom quartile).
Sharpe: -0.40 (lower mid).
Information ratio: -0.26 (lower mid).

Aditya Birla Sun Life Small Cap Fund

Bottom quartile AUM (₹5,127 Cr).
Established history (18+ yrs).
Rating: 5★ (top quartile).
Risk profile: Moderately High.
5Y return: 20.42% (bottom quartile).
3Y return: 18.05% (lower mid).
1Y return: 0.14% (upper mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.25 (upper mid).
Information ratio: 0.00 (upper mid).

HDFC Small Cap Fund

Top quartile AUM (₹38,412 Cr).
Established history (17+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 27.28% (top quartile).
3Y return: 21.16% (top quartile).
1Y return: 4.50% (top quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.07 (top quartile).
Information ratio: 0.00 (upper mid).

Sundaram Small Cap Fund

Bottom quartile AUM (₹3,496 Cr).
Established history (20+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.81% (upper mid).
3Y return: 20.18% (upper mid).
1Y return: 4.84% (top quartile).
Alpha: 2.09 (top quartile).
Sharpe: -0.12 (top quartile).
Information ratio: -0.43 (lower mid).

ICICI Prudential Smallcap Fund

Lower mid AUM (₹8,622 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.36% (upper mid).
3Y return: 16.47% (lower mid).
1Y return: 0.92% (upper mid).
Alpha: -1.20 (lower mid).
Sharpe: -0.28 (upper mid).
Information ratio: -0.85 (bottom quartile).

2021 के लिए शीर्ष और सर्वश्रेष्ठ प्रदर्शन करने वाले स्मॉल कैप म्यूचुअल फंड

1. IDBI Small Cap Fund

The Investment 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 Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.

Research Highlights for IDBI Small Cap Fund

Bottom quartile AUM (₹647 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.33% (lower mid).
3Y return: 16.32% (bottom quartile).
1Y return: -8.06% (bottom quartile).
Alpha: -5.20 (bottom quartile).
Sharpe: -0.43 (bottom quartile).
Information ratio: -0.79 (bottom quartile).
Higher exposure to Industrials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding Apollo Micro Systems Ltd Ordinary Shares (~3.4%).

Below is the key information for IDBI Small Cap Fund

IDBI Small Cap Fund Growth
Launch Date	21 Jun 17
NAV (24 Nov 25)	₹29.4162 ↓ -0.39 (-1.31 %)
Net Assets (Cr)	₹647 on 31 Oct 25
Category	Equity - Small Cap
AMC	IDBI Asset Management Limited
Rating	Not Rated
Risk	Moderately High
Expense Ratio	2.3
Sharpe Ratio	-0.43
Information Ratio	-0.79
Alpha Ratio	-5.2
Min Investment	5,000
Min SIP Investment	500
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	₹18,487
31 Oct 22	₹20,834
31 Oct 23	₹24,081
31 Oct 24	₹36,595
31 Oct 25	₹34,102

IDBI 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 IDBI 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 24 Nov 25

Duration	Returns
1 Month	-3.6%
3 Month	-2.1%
6 Month	-0.2%
1 Year	-8.1%
3 Year	16.3%
5 Year	24.3%
10 Year
15 Year
Since launch	13.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	40%
2023	33.4%
2022	2.4%
2021	64.7%
2020	19%
2019	-4.4%
2018	-15%
2017
2016
2015

Fund Manager information for IDBI Small Cap Fund

Name	Since	Tenure
Nikhil Rungta	1 Jul 24	1.33 Yr.
Mahesh Bendre	1 Jul 24	1.33 Yr.

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

Equity Sector Allocation

Sector	Value
Industrials	30.11%
Basic Materials	14.97%
Consumer Cyclical	14.55%
Consumer Defensive	8.55%
Technology	7.49%
Health Care	7.15%
Financial Services	7.05%
Utility	6.09%
Communication Services	0.9%
Real Estate	0.02%

Asset Allocation

Asset Class	Value
Cash	3.11%
Equity	96.89%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Apollo Micro Systems Ltd Ordinary Shares (Industrials) Equity, Since 30 Jun 25 \| APOLLO	3%	₹22 Cr	877,192
Allied Blenders and Distillers Ltd (Consumer Defensive) Equity, Since 31 Jul 24 \| ABDL	3%	₹22 Cr	326,140
Avalon Technologies Ltd (Technology) Equity, Since 31 Aug 23 \| AVALON	3%	₹16 Cr	135,939 ↓ -12,174
Manorama Industries Ltd (Consumer Defensive) Equity, Since 31 Dec 24 \| 541974	2%	₹15 Cr	109,106
Syrma SGS Technology Ltd (Technology) Equity, Since 31 May 25 \| SYRMA	2%	₹15 Cr	180,780
Navkar Corp Ltd (Industrials) Equity, Since 31 Jul 24 \| NAVKARCORP	2%	₹13 Cr	1,130,075
Housing & Urban Development Corp Ltd (Financial Services) Equity, Since 31 Oct 24 \| HUDCO	2%	₹13 Cr	557,918
Concord Enviro Systems Ltd (Utilities) Equity, Since 31 Dec 24 \| CEWATER	2%	₹13 Cr	270,441
Arvind Fashions Ltd (Consumer Cyclical) Equity, Since 29 Feb 24 \| ARVINDFASN	2%	₹13 Cr	259,739
Navin Fluorine International Ltd (Basic Materials) Equity, Since 30 Sep 19 \| NAVINFLUOR	2%	₹13 Cr	22,671

2. Nippon India Small Cap Fund

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Research Highlights for Nippon India Small Cap Fund

Highest AUM (₹68,969 Cr).
Established history (15+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 29.60% (top quartile).
3Y return: 21.51% (top quartile).
1Y return: -0.83% (lower mid).
Alpha: -2.66 (lower mid).
Sharpe: -0.35 (lower mid).
Information ratio: -0.11 (upper mid).
Top sector: Industrials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
Largest holding Multi Commodity Exchange of India Ltd (~2.5%).

Below is the key information for Nippon India Small Cap Fund

Nippon India Small Cap Fund Growth
Launch Date	16 Sep 10
NAV (24 Nov 25)	₹167.666 ↓ -0.51 (-0.30 %)
Net Assets (Cr)	₹68,969 on 31 Oct 25
Category	Equity - Small Cap
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.44
Sharpe Ratio	-0.35
Information Ratio	-0.11
Alpha Ratio	-2.66
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	₹19,480
31 Oct 22	₹22,272
31 Oct 23	₹29,220
31 Oct 24	₹42,673
31 Oct 25	₹41,342

Nippon India Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹627,226.
Net Profit of ₹327,226 Invest Now

Returns for Nippon India 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 24 Nov 25

Duration	Returns
1 Month	-1.6%
3 Month	-0.7%
6 Month	2.3%
1 Year	-0.8%
3 Year	21.5%
5 Year	29.6%
10 Year
15 Year
Since launch	20.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	26.1%
2023	48.9%
2022	6.5%
2021	74.3%
2020	29.2%
2019	-2.5%
2018	-16.7%
2017	63%
2016	5.6%
2015	15.1%

Fund Manager information for Nippon India Small Cap Fund

Name	Since	Tenure
Samir Rachh	2 Jan 17	8.83 Yr.
Kinjal Desai	25 May 18	7.44 Yr.
Lokesh Maru	5 Sep 25	0.16 Yr.
Divya Sharma	5 Sep 25	0.16 Yr.

Data below for Nippon India Small Cap Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Industrials	20.62%
Financial Services	15.84%
Consumer Cyclical	15.32%
Basic Materials	11.51%
Consumer Defensive	9.7%
Health Care	8.96%
Technology	7.64%
Utility	2.56%
Energy	1.78%
Communication Services	1.38%
Real Estate	0.56%

Asset Allocation

Asset Class	Value
Cash	4.15%
Equity	95.85%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 28 Feb 21 \| MCX	2%	₹1,711 Cr	1,851,010
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	2%	₹1,313 Cr	13,300,000
State Bank of India (Financial Services) Equity, Since 31 Oct 19 \| SBIN	1%	₹970 Cr	10,347,848 ↑ 1,247,848
Karur Vysya Bank Ltd (Financial Services) Equity, Since 28 Feb 17 \| 590003	1%	₹927 Cr	38,140,874
Kirloskar Brothers Ltd (Industrials) Equity, Since 31 Oct 12 \| KIRLOSBROS	1%	₹838 Cr	4,472,130
eClerx Services Ltd (Technology) Equity, Since 31 Jul 20 \| ECLERX	1%	₹810 Cr	1,712,794 ↓ -49,536
Zydus Wellness Ltd (Consumer Defensive) Equity, Since 31 Aug 16 \| ZYDUSWELL	1%	₹803 Cr	16,848,030
TD Power Systems Ltd (Industrials) Equity, Since 31 Dec 15 \| TDPOWERSYS	1%	₹796 Cr	10,278,244
Apar Industries Ltd (Industrials) Equity, Since 31 Mar 17 \| APARINDS	1%	₹780 Cr	899,271
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Sep 22 \| 500103	1%	₹758 Cr	28,538,232

3. DSP Small Cap Fund

(Erstwhile DSP BlackRock Micro Cap Fund)

The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized

Research Highlights for DSP Small Cap Fund

Upper mid AUM (₹16,868 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 24.26% (lower mid).
3Y return: 19.92% (upper mid).
1Y return: 2.53% (upper mid).
Alpha: 0.00 (top quartile).
Sharpe: -0.17 (upper mid).
Information ratio: 0.00 (top quartile).
Higher exposure to Consumer Cyclical vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~93%).
Largest holding Lumax Auto Technologies Ltd (~4.1%).

Below is the key information for DSP Small Cap Fund

DSP Small Cap Fund Growth
Launch Date	14 Jun 07
NAV (24 Nov 25)	₹194.555 ↓ -0.39 (-0.20 %)
Net Assets (Cr)	₹16,868 on 31 Oct 25
Category	Equity - Small Cap
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.72
Sharpe Ratio	-0.17
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
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	₹17,449
31 Oct 22	₹18,547
31 Oct 23	₹23,213
31 Oct 24	₹32,417
31 Oct 25	₹32,246

DSP 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 DSP 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 24 Nov 25

Duration	Returns
1 Month	0.4%
3 Month	-1.1%
6 Month	3.9%
1 Year	2.5%
3 Year	19.9%
5 Year	24.3%
10 Year
15 Year
Since launch	17.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	25.6%
2023	41.2%
2022	0.5%
2021	58.9%
2020	33.1%
2019	0.7%
2018	-25.5%
2017	42.8%
2016	12.7%
2015	20.4%

Fund Manager information for DSP Small Cap Fund

Name	Since	Tenure
Vinit Sambre	21 Jun 10	15.37 Yr.

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

Equity Sector Allocation

Sector	Value
Consumer Cyclical	31.76%
Basic Materials	17.31%
Industrials	15.33%
Health Care	9.56%
Consumer Defensive	7.31%
Financial Services	7.03%
Technology	3.62%
Communication Services	0.71%
Utility	0.15%

Asset Allocation

Asset Class	Value
Cash	7.22%
Equity	92.78%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Lumax Auto Technologies Ltd (Consumer Cyclical) Equity, Since 30 Jun 18 \| LUMAXTECH	4%	₹699 Cr	6,196,634
Welspun Corp Ltd (Basic Materials) Equity, Since 31 Mar 21 \| 532144	3%	₹531 Cr	5,500,000
eClerx Services Ltd (Technology) Equity, Since 28 Feb 18 \| ECLERX	3%	₹523 Cr	1,105,918
Dodla Dairy Ltd (Consumer Defensive) Equity, Since 30 Jun 21 \| 543306	3%	₹484 Cr	3,750,000
Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials) Equity, Since 31 Dec 22 \| JUBLINGREA	3%	₹483 Cr	7,000,000
LT Foods Ltd (Consumer Defensive) Equity, Since 31 Dec 17 \| 532783	2%	₹421 Cr	10,000,000
Kirloskar Oil Engines Ltd (Industrials) Equity, Since 31 Mar 23 \| KIRLOSENG	2%	₹400 Cr	4,000,000
Thangamayil Jewellery Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| THANGAMAYL	2%	₹364 Cr	1,677,908
Cyient Ltd (Industrials) Equity, Since 30 Sep 21 \| CYIENT	2%	₹349 Cr	3,000,000
Techno Electric & Engineering Co Ltd (Industrials) Equity, Since 31 Jan 19 \| TECHNOE	2%	₹330 Cr	2,500,000

4. 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 (₹18,024 Cr).
Oldest track record among peers (20 yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 22.59% (bottom quartile).
3Y return: 15.30% (bottom quartile).
1Y return: -6.56% (bottom quartile).
Alpha: -5.17 (bottom quartile).
Sharpe: -0.46 (bottom quartile).
Information ratio: -0.97 (bottom quartile).
Higher exposure to Industrials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding Aster DM Healthcare Ltd Ordinary Shares (~4.4%).

Below is the key information for Kotak Small Cap Fund

Kotak Small Cap Fund Growth
Launch Date	24 Feb 05
NAV (24 Nov 25)	₹250.074 ↓ -0.36 (-0.15 %)
Net Assets (Cr)	₹18,024 on 31 Oct 25
Category	Equity - Small Cap
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.66
Sharpe Ratio	-0.46
Information Ratio	-0.97
Alpha Ratio	-5.17
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
31 Oct 20	₹10,000
31 Oct 21	₹19,962
31 Oct 22	₹20,371
31 Oct 23	₹23,749
31 Oct 24	₹34,173
31 Oct 25	₹32,227

Kotak Small 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 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 24 Nov 25

Duration	Returns
1 Month	-3.7%
3 Month	-4.5%
6 Month	-0.9%
1 Year	-6.6%
3 Year	15.3%
5 Year	22.6%
10 Year
15 Year
Since launch	16.8%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2015	7.4%

Fund Manager information for Kotak Small Cap Fund

Name	Since	Tenure
Harish Bihani	20 Oct 23	2.04 Yr.

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

Equity Sector Allocation

Sector	Value
Industrials	26.47%
Health Care	23.68%
Consumer Cyclical	20.08%
Financial Services	9.15%
Basic Materials	8.78%
Real Estate	4.25%
Consumer Defensive	2.47%
Communication Services	2.09%
Technology	1.7%

Asset Allocation

Asset Class	Value
Cash	1.33%
Equity	98.67%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 31 Jul 24 \| ASTERDM	4%	₹797 Cr	11,757,234
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 31 Dec 23 \| 543308	3%	₹610 Cr	8,454,118
Vijaya Diagnostic Centre Ltd (Healthcare) Equity, Since 31 Mar 24 \| 543350	3%	₹536 Cr	5,422,493
Century Plyboards (India) Ltd (Basic Materials) Equity, Since 31 Oct 18 \| 532548	3%	₹500 Cr	6,626,898
Techno Electric & Engineering Co Ltd (Industrials) Equity, Since 31 Dec 18 \| TECHNOE	3%	₹480 Cr	3,642,296
Kalpataru Projects International Ltd (Industrials) Equity, Since 31 Jan 23 \| KPIL	2%	₹449 Cr	3,572,133 ↑ 100,000
Brigade Enterprises Ltd (Real Estate) Equity, Since 31 Aug 24 \| 532929	2%	₹427 Cr	4,112,297
Sansera Engineering Ltd (Consumer Cyclical) Equity, Since 30 Sep 21 \| 543358	2%	₹396 Cr	2,615,539
Cyient Ltd (Industrials) Equity, Since 31 Dec 19 \| CYIENT	2%	₹385 Cr	3,311,236
Vishal Mega Mart Ltd (Consumer Cyclical) Equity, Since 30 Jun 25 \| VMM	2%	₹373 Cr	25,804,976

5. 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 (₹36,945 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 20.70% (bottom quartile).
3Y return: 13.69% (bottom quartile).
1Y return: -2.39% (lower mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.45 (bottom quartile).
Information ratio: 0.00 (top quartile).
Top sector: Industrials.
Higher exposure to Cash Equivalent (bond sector) vs peer median.
Equity-heavy allocation (~84%).
High-quality debt (AAA/AA ~100%).
Largest holding Ather Energy Ltd (~3.8%).

Below is the key information for SBI Small Cap Fund

SBI Small Cap Fund Growth
Launch Date	9 Sep 09
NAV (24 Nov 25)	₹168.957 ↓ -0.31 (-0.18 %)
Net Assets (Cr)	₹36,945 on 31 Oct 25
Category	Equity - Small Cap
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.45
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	₹17,564
31 Oct 22	₹19,519
31 Oct 23	₹22,326
31 Oct 24	₹30,682
31 Oct 25	₹29,696

SBI 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 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 24 Nov 25

Duration	Returns
1 Month	-2.3%
3 Month	-2.8%
6 Month	1.2%
1 Year	-2.4%
3 Year	13.7%
5 Year	20.7%
10 Year
15 Year
Since launch	19.1%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2015	20.6%

Fund Manager information for SBI Small Cap Fund

Name	Since	Tenure
R. Srinivasan	16 Nov 13	11.97 Yr.

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

Equity Sector Allocation

Sector	Value
Industrials	25.63%
Consumer Cyclical	21.28%
Financial Services	13.64%
Basic Materials	13.21%
Consumer Defensive	3.89%
Health Care	2.41%
Communication Services	1.42%
Real Estate	1.25%
Technology	0.98%
Utility	0.23%

Asset Allocation

Asset Class	Value
Cash	13.68%
Equity	83.93%
Debt	2.39%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Ather Energy Ltd (Consumer Cyclical) Equity, Since 30 Apr 25 \| ATHERENERG	4%	₹1,391 Cr	20,096,960
SBFC Finance Ltd (Financial Services) Equity, Since 31 Aug 23 \| SBFC	3%	₹1,019 Cr	89,318,180
E I D Parry India Ltd (Basic Materials) Equity, Since 31 Jan 24 \| EIDPARRY	3%	₹1,000 Cr	9,324,049
Kalpataru Projects International Ltd (Industrials) Equity, Since 31 May 20 \| KPIL	3%	₹993 Cr	7,900,000
City Union Bank Ltd (Financial Services) Equity, Since 30 Jun 20 \| CUB	3%	₹953 Cr	41,665,000
Chalet Hotels Ltd (Consumer Cyclical) Equity, Since 31 Jan 19 \| CHALET	2%	₹923 Cr	9,716,991
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 30 Jun 23 \| 543308	2%	₹889 Cr	12,323,990
182 Day T-Bill 27.02.26 Sovereign Bonds \| -	2%	₹884 Cr	90,000,000
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Mar 20 \| NAVINFLUOR	2%	₹853 Cr	1,500,000
DOMS Industries Ltd (Industrials) Equity, Since 31 Dec 23 \| DOMS	2%	₹849 Cr	3,300,000

6. Franklin India Smaller Companies Fund

The Fund seeks to provide long-term capital appreciation by investing in mid and small cap companies.

Research Highlights for Franklin India Smaller Companies Fund

Lower mid AUM (₹13,790 Cr).
Established history (19+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 25.45% (upper mid).
3Y return: 20.77% (upper mid).
1Y return: -2.78% (bottom quartile).
Alpha: -3.92 (bottom quartile).
Sharpe: -0.40 (lower mid).
Information ratio: -0.26 (lower mid).
Top sector: Consumer Cyclical.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
High-quality debt (AAA/AA ~100%).
Largest holding Brigade Enterprises Ltd (~2.9%).

Below is the key information for Franklin India Smaller Companies Fund

Franklin India Smaller Companies Fund Growth
Launch Date	13 Jan 06
NAV (24 Nov 25)	₹167.548 ↓ -1.17 (-0.69 %)
Net Assets (Cr)	₹13,790 on 31 Oct 25
Category	Equity - Small Cap
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.72
Sharpe Ratio	-0.41
Information Ratio	-0.26
Alpha Ratio	-3.92
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	₹18,656
31 Oct 22	₹19,820
31 Oct 23	₹26,123
31 Oct 24	₹37,370
31 Oct 25	₹35,778

Franklin India Smaller Companies 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 Franklin India Smaller Companies Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Nov 25

Duration	Returns
1 Month	-1.9%
3 Month	-1.1%
6 Month	-1.4%
1 Year	-2.8%
3 Year	20.8%
5 Year	25.5%
10 Year
15 Year
Since launch	15.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	23.2%
2023	52.1%
2022	3.6%
2021	56.4%
2020	18.7%
2019	-5%
2018	-17.4%
2017	43.5%
2016	10.2%
2015	9.6%

Fund Manager information for Franklin India Smaller Companies Fund

Name	Since	Tenure
R. Janakiraman	1 Feb 11	14.76 Yr.
Sandeep Manam	18 Oct 21	4.04 Yr.
Akhil Kalluri	8 Sep 22	3.15 Yr.

Data below for Franklin India Smaller Companies Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Consumer Cyclical	20.09%
Financial Services	17.93%
Industrials	17.12%
Health Care	10.96%
Basic Materials	10.48%
Technology	7.98%
Real Estate	4.69%
Consumer Defensive	3.71%
Utility	3.49%
Energy	1.02%

Asset Allocation

Asset Class	Value
Cash	1.79%
Equity	98.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Brigade Enterprises Ltd (Real Estate) Equity, Since 30 Jun 14 \| 532929	3%	₹401 Cr	3,868,691
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 31 Jul 23 \| ASTERDM	3%	₹381 Cr	5,618,134 ↓ -1,111,274
Syrma SGS Technology Ltd (Technology) Equity, Since 31 Aug 22 \| SYRMA	2%	₹327 Cr	4,023,411
Eris Lifesciences Ltd Registered Shs (Healthcare) Equity, Since 30 Sep 19 \| ERIS	2%	₹297 Cr	1,866,828
CCL Products (India) Ltd (Consumer Defensive) Equity, Since 30 Apr 19 \| CCL	2%	₹280 Cr	3,260,279
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services) Equity, Since 31 Oct 20 \| EQUITASBNK	2%	₹274 Cr	48,064,081
Zensar Technologies Ltd (Technology) Equity, Since 28 Feb 23 \| ZENSARTECH	2%	₹257 Cr	3,220,340
Kalyan Jewellers India Ltd (Consumer Cyclical) Equity, Since 31 May 22 \| KALYANKJIL	2%	₹253 Cr	4,963,469
Sobha Ltd (Real Estate) Equity, Since 31 Mar 12 \| SOBHA	2%	₹245 Cr	1,513,099
Whirlpool of India Ltd (Consumer Cyclical) Equity, Since 30 Apr 25 \| 500238	2%	₹245 Cr	1,750,000 ↑ 450,000

7. 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 (₹5,127 Cr).
Established history (18+ yrs).
Rating: 5★ (top quartile).
Risk profile: Moderately High.
5Y return: 20.42% (bottom quartile).
3Y return: 18.05% (lower mid).
1Y return: 0.14% (upper mid).
Alpha: 0.00 (upper mid).
Sharpe: -0.25 (upper mid).
Information ratio: 0.00 (upper mid).
Higher exposure to Financial Services vs peer median.
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 (24 Nov 25)	₹85.6052 ↓ -0.56 (-0.65 %)
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 24 Nov 25

Duration	Returns
1 Month	-1.4%
3 Month	0.7%
6 Month	3.4%
1 Year	0.1%
3 Year	18.1%
5 Year	20.4%
10 Year
15 Year
Since launch	12.2%

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

8. 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

Top quartile AUM (₹38,412 Cr).
Established history (17+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 27.28% (top quartile).
3Y return: 21.16% (top quartile).
1Y return: 4.50% (top quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.07 (top quartile).
Information ratio: 0.00 (upper mid).
Top sector: Industrials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~90%).
Largest holding Firstsource Solutions Ltd (~5.1%).

Below is the key information for HDFC Small Cap Fund

HDFC Small Cap Fund Growth
Launch Date	3 Apr 08
NAV (24 Nov 25)	₹140.121 ↓ -0.47 (-0.34 %)
Net Assets (Cr)	₹38,412 on 31 Oct 25
Category	Equity - Small Cap
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.07
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
31 Oct 20	₹10,000
31 Oct 21	₹19,409
31 Oct 22	₹20,456
31 Oct 23	₹27,227
31 Oct 24	₹37,047
31 Oct 25	₹38,152

HDFC Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹598,181.
Net Profit of ₹298,181 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 24 Nov 25

Duration	Returns
1 Month	-1.6%
3 Month	-1.3%
6 Month	4.7%
1 Year	4.5%
3 Year	21.2%
5 Year	27.3%
10 Year
15 Year
Since launch	16.1%

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2015	6.4%

Fund Manager information for HDFC Small Cap Fund

Name	Since	Tenure
Chirag Setalvad	28 Jun 14	11.35 Yr.
Dhruv Muchhal	22 Jun 23	2.36 Yr.

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

Equity Sector Allocation

Sector	Value
Industrials	21.41%
Consumer Cyclical	18.78%
Technology	13.39%
Health Care	12.32%
Financial Services	11.86%
Basic Materials	6.64%
Consumer Defensive	3.31%
Communication Services	1.87%

Asset Allocation

Asset Class	Value
Cash	9.63%
Equity	90.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Firstsource Solutions Ltd (Technology) Equity, Since 31 Mar 18 \| FSL	5%	₹1,956 Cr	55,264,362 ↑ 352,528
eClerx Services Ltd (Technology) Equity, Since 31 Mar 18 \| ECLERX	4%	₹1,715 Cr	3,626,595 ↓ -57,166
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Jun 19 \| ASTERDM	4%	₹1,622 Cr	23,927,134 ↓ -200,000
Bank of Baroda (Financial Services) Equity, Since 31 Mar 19 \| 532134	3%	₹1,304 Cr	46,828,792
Gabriel India Ltd (Consumer Cyclical) Equity, Since 31 Oct 18 \| GABRIEL	3%	₹1,207 Cr	9,477,375 ↓ -397,625
Eris Lifesciences Ltd Registered Shs (Healthcare) Equity, Since 31 Jul 23 \| ERIS	3%	₹1,032 Cr	6,482,100 ↑ 145,557
Fortis Healthcare Ltd (Healthcare) Equity, Since 31 Jul 23 \| 532843	3%	₹1,020 Cr	9,973,132 ↓ -100,000
Indian Bank (Financial Services) Equity, Since 31 Jul 16 \| 532814	2%	₹832 Cr	9,688,128
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 31 Jul 23 \| 543308	2%	₹802 Cr	11,127,166
Sonata Software Ltd (Technology) Equity, Since 31 Oct 17 \| SONATSOFTW	2%	₹712 Cr	19,259,838 ↑ 105,725

9. 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★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.81% (upper mid).
3Y return: 20.18% (upper mid).
1Y return: 4.84% (top quartile).
Alpha: 2.09 (top quartile).
Sharpe: -0.12 (top quartile).
Information ratio: -0.43 (lower 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 (24 Nov 25)	₹261.073 ↓ -0.85 (-0.33 %)
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 24 Nov 25

Duration	Returns
1 Month	-1.3%
3 Month	1.6%
6 Month	4.5%
1 Year	4.8%
3 Year	20.2%
5 Year	24.8%
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

10. 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 (₹8,622 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.36% (upper mid).
3Y return: 16.47% (lower mid).
1Y return: 0.92% (upper mid).
Alpha: -1.20 (lower mid).
Sharpe: -0.28 (upper mid).
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 (24 Nov 25)	₹85.89 ↓ -0.27 (-0.31 %)
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 ₹556,833.
Net Profit of ₹256,833 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 24 Nov 25

Duration	Returns
1 Month	-2.3%
3 Month	-2.6%
6 Month	1.5%
1 Year	0.9%
3 Year	16.5%
5 Year	24.4%
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:
यहां प्रदान की गई जानकारी सटीक है, यह सुनिश्चित करने के लिए सभी प्रयास किए गए हैं। हालांकि, डेटा की शुद्धता के संबंध में कोई गारंटी नहीं दी जाती है। कृपया कोई भी निवेश करने से पहले योजना सूचना दस्तावेज के साथ सत्यापित करें।