Table of Contents
Small Cap Mutual Funds
Small cap funds take the exposure at the lowest end of the Market capitalization. Small cap companies include the startups or firms that are in their early stage of development with small revenues. Many successful small cap firms have eventually grown into large cap companies. Since, small cap stocks give high growth potential, companies in their early stage of development, have great scope of higher developments.
Recently sebi has classified how AMC's to classify largecaps and midcaps.
| Market Capitalization | Description |
|---|---|
| Large cap company | 1st to 100th company in terms of full market capitalization |
| Mid cap company | 101st to 250th company in terms of full market capitalization |
| Small cap company | 251st company onwards in terms of full market capitalization |
Small Cap Funds (Investing in Small Cap Stocks)
Small caps are typically defined as firms with a market capitalization (MC=no of shares issued by the company X market price per share) of less than INR 500 Crore. Their market capitalization is much lower than the large and mid-cap. Many small caps are young firms with substantial growth potential. But, the risk of failure is higher with small cap compared to large and mid-cap.
Many small cap companies serve a niche market with sound consumer demand for their products and services. They also serve emerging industries with the potential for substantial future growth. Small cap firms have the potential to generate good returns. However, the risks involved in it are very high. But, if the investment period of a small cap is high, the risks tend to lower down.
The smallest equities of small caps are micro-cap and nano-cap stocks. Wherein, micro caps are firms with a market cap of INR 100 to 500 Crore and nano-caps are companies with market cap of below INR 100 Crore. BSE small cap Index, have recorded that four out of every 10 stocks have more than 30% increase in their net profits for the Fiscal Year of 2014-16.
Some of the most emerging small cap companies in India are Indiabulls Real, Just Dial, PNB Gilts, Federal Bank Ltd, Gitanjali Gems Ltd, Indian Cements Ltd, Indian Overseas bank, Oriental Bank of Commerce, PVR Ltd, etc.
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Pros and Cons of Investing in Small Cap Funds
Here are some pros and cons of Investing in small-cap funds that will guide you to understand the fund:
Pros
- Small cap stocks are priced lower than mid cap and large cap stocks.
- Small cap funds help to diversify your Portfolio. A trader can trade in a number of stocks as compared to the other caps.
- Small cap stocks give high growth potential. Since these are the companies at their early stage of development, they have great scope of higher developments.
- At times, small cap funds tend to perform better than the Large cap funds. As large companies incline towards stability, small caps can sometimes give it a better chance of performing better.
Cons
- Small cap stocks are riskier as they tend to have a low lasting business. For example, a company might have a unique service/product, but may not have enough finance to market it. So, sometimes lack of funding fails a business
- Small Cap stocks are more volatile in nature than large cap stocks.
- Due to their nature of stocks, small caps can outperform in a rising market and even can Underperform during a downturn.
How to Invest in Small Cap Funds?
Following are the important factors you need to look at before investing in a small-cap fund:
Past Performances
An investor should do a fair assessment of the funds’ performances for over a period of time. Also, it is suggested to go for a fund that consistently beats its benchmark over 4-5 years, additionally, one should see each period and see if the fund is able to beat the benchmark or not.
Portfolio Construction
It is essential to check the portfolio construction of the scheme that you will be investing in. Since, small-cap is a risky fund, the portfolio of the scheme should have a small portion dedicated to large-caps and also to debt/money market instruments so that it generates regular Income.
Fund Manager
A fund manager plays an important role in the overall performance of the scheme. A fund manager is responsible for making investment decisions for the fund’s portfolio. So, investors before investing in small-caps should ideally examine past performance of the fund managed by that particular fund manager, especially in the tough market phase.
Fund House Reputation
While choosing the small cap funds to invest, always look at the quality & reputation of the fund house. A fund house with a long-standing record, large Assets Under Management (AUM), star funds or good performing fund etc., is the one to invest in. A fund house should have a strong presence in the Industry along with a consistent track record.
Equity Fund Taxation
The short-term and long-term Capital gains offered by Mutual Funds are taxed at different rates.
| Fund Type | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|
| Equity Funds | 15% + cess + surcharge | Up to Rs. 1 lakh a year is tax-exempt. Any gains above Rs. 1 lakh are taxed at 10% + cess + surcharge |
Best Performing Small Cap Funds 2024
Some of the best performing small cap funds with AUM above 100 Cr are as follows:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Nippon India Small Cap Fund Growth ₹181.148
↑ 0.86 ₹60,373 18.4 26.3 45.7 32.1 39.1 48.9 Kotak Small Cap Fund Growth ₹280.271
↓ -1.61 ₹17,507 14.4 29.6 38.4 21.8 33.9 34.8 DSP BlackRock Small Cap Fund Growth ₹202.845
↑ 0.87 ₹16,085 23.4 24.5 37.7 26.2 33.2 41.2 L&T Emerging Businesses Fund Growth ₹88.4363
↑ 0.41 ₹16,905 16.9 24 41 29.1 32.8 46.1 Franklin India Smaller Companies Fund Growth ₹187.211
↑ 0.35 ₹14,475 15.4 24.2 47 29.6 32 52.1 IDBI Small Cap Fund Growth ₹33.5972
↓ -0.26 ₹318 19.1 33.9 52 28.4 31.9 33.4 ICICI Prudential Smallcap Fund Growth ₹92.7
↑ 0.43 ₹8,770 15.8 20.8 34.7 24.6 31.7 37.9 HDFC Small Cap Fund Growth ₹143.669
↑ 1.11 ₹33,182 18.2 18.8 36.4 26.7 31.1 44.8 Sundaram Small Cap Fund Growth ₹266.845
↓ -2.05 ₹3,415 14.7 20.8 39.6 23.9 30.6 45.3 SBI Small Cap Fund Growth ₹184.457
↓ -0.52 ₹32,761 12.1 23.5 36.9 23.8 30.4 25.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Sep 24
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. Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on (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. Kotak Small Cap Fund is a Equity - Small Cap fund was launched on 24 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Small Cap Fund Returns up to 1 year are on (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 DSP BlackRock Small Cap Fund is a Equity - Small Cap fund was launched on 14 Jun 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Small Cap Fund Returns up to 1 year are on To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on The Fund seeks to provide long-term capital appreciation by investing in mid and small cap companies. Franklin India Smaller Companies Fund is a Equity - Small Cap fund was launched on 13 Jan 06. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Smaller Companies Fund Returns up to 1 year are on 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. IDBI Small Cap Fund is a Equity - Small Cap fund was launched on 21 Jun 17. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Small Cap Fund Returns up to 1 year are on (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. ICICI Prudential Smallcap Fund is a Equity - Small Cap fund was launched on 18 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Smallcap Fund Returns up to 1 year are on To provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies. HDFC Small Cap Fund is a Equity - Small Cap fund was launched on 3 Apr 08. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Small Cap Fund Returns up to 1 year are on (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. Sundaram Small Cap Fund is a Equity - Small Cap fund was launched on 15 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Small Cap Fund Returns up to 1 year are on (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 SBI Small Cap Fund is a Equity - Small Cap fund was launched on 9 Sep 09. It is a fund with Moderately High risk and has given a Below is the key information for SBI Small Cap Fund Returns up to 1 year are on 1. Nippon India Small Cap Fund
CAGR/Annualized return of 23% since its launch. Ranked 6 in Small Cap category. Return for 2023 was 48.9% , 2022 was 6.5% and 2021 was 74.3% . Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (05 Sep 24) ₹181.148 ↑ 0.86 (0.48 %) Net Assets (Cr) ₹60,373 on 31 Jul 24 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.55 Sharpe Ratio 2.9 Information Ratio 1.08 Alpha Ratio 8.7 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 Aug 19 ₹10,000 31 Aug 20 ₹11,586 31 Aug 21 ₹22,211 31 Aug 22 ₹25,577 31 Aug 23 ₹34,589 31 Aug 24 ₹51,405 Returns for Nippon India Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 5.9% 3 Month 18.4% 6 Month 26.3% 1 Year 45.7% 3 Year 32.1% 5 Year 39.1% 10 Year 15 Year Since launch 23% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 97.6% Fund Manager information for Nippon India Small Cap Fund
Name Since Tenure Samir Rachh 2 Jan 17 7.58 Yr. Kinjal Desai 25 May 18 6.19 Yr. Data below for Nippon India Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 29.83% Financial Services 13.04% Basic Materials 11.72% Consumer Cyclical 11.64% Technology 9.44% Consumer Defensive 7.8% Health Care 7.02% Communication Services 1.59% Utility 1.45% Energy 1% Real Estate 0.31% Asset Allocation
Asset Class Value Cash 4.08% Equity 95.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹1,074 Cr 6,650,000 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Oct 12 | KIRLOSBROS2% ₹1,068 Cr 4,384,076 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Apr 18 | TIINDIA2% ₹1,034 Cr 2,499,222 Voltamp Transformers Ltd (Industrials)
Equity, Since 30 Sep 16 | VOLTAMP2% ₹908 Cr 672,268
↓ -121,261 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS1% ₹891 Cr 965,116 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Sep 22 | 5001031% ₹867 Cr 27,500,000
↑ 2,500,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 21 | MCX1% ₹794 Cr 1,851,010 NLC India Ltd (Utilities)
Equity, Since 31 Oct 22 | NLCINDIA1% ₹783 Cr 27,190,940 ELANTAS Beck India Ltd (Basic Materials)
Equity, Since 28 Feb 13 | 5001231% ₹765 Cr 614,625 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | 5900031% ₹734 Cr 31,784,062 2. Kotak Small Cap Fund
CAGR/Annualized return of 18.6% since its launch. Ranked 23 in Small Cap category. Return for 2023 was 34.8% , 2022 was -3.1% and 2021 was 70.9% . Kotak Small Cap Fund
Growth Launch Date 24 Feb 05 NAV (06 Sep 24) ₹280.271 ↓ -1.61 (-0.57 %) Net Assets (Cr) ₹17,507 on 31 Jul 24 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 2.18 Information Ratio -0.4 Alpha Ratio 2.48 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 Aug 19 ₹10,000 31 Aug 20 ₹11,657 31 Aug 21 ₹23,467 31 Aug 22 ₹25,645 31 Aug 23 ₹30,517 31 Aug 24 ₹42,877 Returns for Kotak Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 6.2% 3 Month 14.4% 6 Month 29.6% 1 Year 38.4% 3 Year 21.8% 5 Year 33.9% 10 Year 15 Year Since launch 18.6% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 74% Fund Manager information for Kotak Small Cap Fund
Name Since Tenure Arjun Khanna 30 Apr 22 2.26 Yr. Harish Bihani 20 Oct 23 0.78 Yr. Data below for Kotak Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 35.8% Consumer Cyclical 22.37% Basic Materials 15.06% Health Care 10.05% Financial Services 3.59% Consumer Defensive 2.91% Technology 2.84% Communication Services 2.19% Real Estate 1.48% Asset Allocation
Asset Class Value Cash 3.71% Equity 96.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Dec 18 | TECHNOE3% ₹608 Cr 3,559,792 Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT3% ₹558 Cr 3,174,852 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO3% ₹543 Cr 3,151,576 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹481 Cr 1,328,764 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV3% ₹467 Cr 2,718,155
↓ -250,000 Century Plyboards (India) Ltd (Basic Materials)
Equity, Since 31 Oct 18 | 5325483% ₹450 Cr 6,353,571 Alembic Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Jan 22 | APLLTD2% ₹406 Cr 3,441,355 Great Eastern Shipping Co Ltd (Industrials)
Equity, Since 31 Aug 18 | GESHIP2% ₹396 Cr 2,851,787 V-Guard Industries Ltd (Industrials)
Equity, Since 31 Oct 18 | VGUARD2% ₹379 Cr 8,244,156 Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF2% ₹376 Cr 1,268,161 3. DSP BlackRock Small Cap Fund
CAGR/Annualized return of 19.1% since its launch. Ranked 7 in Small Cap category. Return for 2023 was 41.2% , 2022 was 0.5% and 2021 was 58.9% . DSP BlackRock Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (05 Sep 24) ₹202.845 ↑ 0.87 (0.43 %) Net Assets (Cr) ₹16,085 on 31 Jul 24 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 1.61 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 Aug 19 ₹10,000 31 Aug 20 ₹11,796 31 Aug 21 ₹20,580 31 Aug 22 ₹22,974 31 Aug 23 ₹29,565 31 Aug 24 ₹41,306 Returns for DSP BlackRock Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 7.9% 3 Month 23.4% 6 Month 24.5% 1 Year 37.7% 3 Year 26.2% 5 Year 33.2% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 101.8% Fund Manager information for DSP BlackRock Small Cap Fund
Name Since Tenure Vinit Sambre 21 Jun 10 14.12 Yr. Resham Jain 16 Mar 18 6.38 Yr. Data below for DSP BlackRock Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Consumer Cyclical 32.11% Industrials 20.32% Basic Materials 17.73% Health Care 7.64% Consumer Defensive 6.98% Financial Services 4.59% Technology 2.78% Communication Services 1.22% Utility 0.23% Asset Allocation
Asset Class Value Cash 6.4% Equity 93.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Jan 19 | TECHNOE3% ₹540 Cr 3,165,306
↓ -27,937 Suprajit Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | SUPRAJIT3% ₹492 Cr 9,447,197 Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Dec 22 | JUBLINGREA3% ₹480 Cr 7,937,996
↑ 481,710 Dodla Dairy Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 5433063% ₹423 Cr 3,538,190
↑ 217,558 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX3% ₹410 Cr 1,712,978
↑ 16,362 Welspun Corp Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 5321443% ₹410 Cr 6,396,696
↑ 547,682 Voltamp Transformers Ltd (Industrials)
Equity, Since 31 Mar 17 | VOLTAMP3% ₹404 Cr 298,754
↓ -11,679 Triveni Engineering & Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 17 | 5323562% ₹361 Cr 8,542,582 Lumax Auto Technologies Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | LUMAXTECH2% ₹342 Cr 6,083,098 LT Foods Ltd (Consumer Defensive)
Equity, Since 31 Dec 17 | 5327832% ₹339 Cr 11,568,344 4. L&T Emerging Businesses Fund
CAGR/Annualized return of 23.5% since its launch. Ranked 2 in Small Cap category. Return for 2023 was 46.1% , 2022 was 1% and 2021 was 77.4% . L&T Emerging Businesses Fund
Growth Launch Date 12 May 14 NAV (05 Sep 24) ₹88.4363 ↑ 0.41 (0.46 %) Net Assets (Cr) ₹16,905 on 31 Jul 24 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.73 Sharpe Ratio 2.26 Information Ratio 0.54 Alpha Ratio 0.29 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 Aug 19 ₹10,000 31 Aug 20 ₹9,833 31 Aug 21 ₹18,722 31 Aug 22 ₹21,773 31 Aug 23 ₹28,693 31 Aug 24 ₹40,851 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 7.1% 3 Month 16.9% 6 Month 24% 1 Year 41% 3 Year 29.1% 5 Year 32.8% 10 Year 15 Year Since launch 23.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 46.1% 2022 1% 2021 77.4% 2020 15.5% 2019 -8.1% 2018 -13.7% 2017 66.5% 2016 10.2% 2015 12.3% 2014 Fund Manager information for L&T Emerging Businesses Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 4.62 Yr. Cheenu Gupta 1 Oct 23 0.83 Yr. Sonal Gupta 1 Oct 23 0.83 Yr. Data below for L&T Emerging Businesses Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 33.31% Consumer Cyclical 15.58% Basic Materials 13.69% Financial Services 11.23% Technology 8.92% Real Estate 5.54% Health Care 3.16% Consumer Defensive 2.46% Energy 1.57% Asset Allocation
Asset Class Value Cash 2.99% Equity 97.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS3% ₹586 Cr 635,400 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Jan 19 | TECHNOE3% ₹439 Cr 2,573,042 NCC Ltd (Industrials)
Equity, Since 28 Feb 21 | NCC2% ₹404 Cr 11,291,100 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH2% ₹403 Cr 2,188,200 Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | SONATSOFTW2% ₹400 Cr 5,424,280
↑ 663,519 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 5329292% ₹381 Cr 3,029,095
↓ -269,905 Century Textiles & Industries Ltd (Basic Materials)
Equity, Since 30 Sep 22 | 5000402% ₹375 Cr 1,607,279 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹356 Cr 822,670
↓ -100,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 17 | 5002512% ₹339 Cr 580,400 EIH Ltd (Consumer Cyclical)
Equity, Since 31 May 17 | 5008402% ₹311 Cr 7,055,106
↓ -1,228,133 5. Franklin India Smaller Companies Fund
CAGR/Annualized return of 17% since its launch. Ranked 11 in Small Cap category. Return for 2023 was 52.1% , 2022 was 3.6% and 2021 was 56.4% . Franklin India Smaller Companies Fund
Growth Launch Date 13 Jan 06 NAV (05 Sep 24) ₹187.211 ↑ 0.35 (0.19 %) Net Assets (Cr) ₹14,475 on 31 Jul 24 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.69 Information Ratio 0.59 Alpha Ratio 6.62 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 Aug 19 ₹10,000 31 Aug 20 ₹9,830 31 Aug 21 ₹17,884 31 Aug 22 ₹19,416 31 Aug 23 ₹26,712 31 Aug 24 ₹39,591 Returns for Franklin India Smaller Companies Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 6% 3 Month 15.4% 6 Month 24.2% 1 Year 47% 3 Year 29.6% 5 Year 32% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 89.9% Fund Manager information for Franklin India Smaller Companies Fund
Name Since Tenure R. Janakiraman 1 Feb 11 13.5 Yr. Sandeep Manam 18 Oct 21 2.79 Yr. Akhil Kalluri 8 Sep 22 1.9 Yr. Data below for Franklin India Smaller Companies Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 29.54% Financial Services 16.44% Consumer Cyclical 14.38% Health Care 6.89% Basic Materials 6.85% Technology 6.15% Real Estate 4.95% Consumer Defensive 4.79% Utility 1.86% Energy 1.04% Communication Services 0.53% Asset Allocation
Asset Class Value Cash 5.02% Equity 94.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | 5329293% ₹487 Cr 3,868,691
↓ -300,000 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Jan 16 | DEEPAKNTR3% ₹429 Cr 1,387,967 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | KALYANKJIL3% ₹403 Cr 6,963,469
↓ -1,800,000 Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 20 | EQUITASBNK3% ₹388 Cr 48,064,081 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | 5900032% ₹355 Cr 15,398,917 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jan 24 | CROMPTON2% ₹311 Cr 6,900,000 Amara Raja Energy & Mobility Ltd (Industrials)
Equity, Since 31 Dec 23 | 5000082% ₹296 Cr 1,819,819 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Jul 23 | ASTERDM2% ₹294 Cr 8,473,781 J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 14 | JBCHEPHARM2% ₹279 Cr 1,448,723 360 One Wam Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Jun 23 | 360ONE2% ₹278 Cr 2,452,684 6. IDBI Small Cap Fund
CAGR/Annualized return of 18.3% since its launch. Return for 2023 was 33.4% , 2022 was 2.4% and 2021 was 64.7% . IDBI Small Cap Fund
Growth Launch Date 21 Jun 17 NAV (06 Sep 24) ₹33.5972 ↓ -0.26 (-0.78 %) Net Assets (Cr) ₹318 on 31 Jul 24 Category Equity - Small Cap AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 2.3 Sharpe Ratio 2.61 Information Ratio 0.35 Alpha Ratio 6.9 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 Aug 19 ₹10,000 31 Aug 20 ₹10,369 31 Aug 21 ₹18,619 31 Aug 22 ₹22,310 31 Aug 23 ₹25,798 31 Aug 24 ₹39,973 Returns for IDBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 8% 3 Month 19.1% 6 Month 33.9% 1 Year 52% 3 Year 28.4% 5 Year 31.9% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 33.4% 2022 2.4% 2021 64.7% 2020 19% 2019 -4.4% 2018 -15% 2017 2016 2015 2014 Fund Manager information for IDBI Small Cap Fund
Name Since Tenure Nikhil Rungta 1 Jul 24 0.08 Yr. Mahesh Bendre 1 Jul 24 0.08 Yr. Data below for IDBI Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 42.09% Basic Materials 15.04% Consumer Cyclical 12.25% Health Care 6.09% Consumer Defensive 5.33% Utility 4.77% Financial Services 3.42% Technology 3.42% Communication Services 2% Real Estate 1.35% Energy 0.98% Asset Allocation
Asset Class Value Cash 2.72% Equity 97.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP4% ₹13 Cr 30,298
↓ -1,766 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 28 Feb 21 | KIRLOSENG3% ₹11 Cr 86,263 Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 5006553% ₹10 Cr 40,151
↓ -29,041 JTL Industries Ltd (Basic Materials)
Equity, Since 31 Jul 24 | 5346003% ₹9 Cr 426,540
↑ 426,540 Texmaco Rail & Engineering Ltd (Industrials)
Equity, Since 30 Nov 23 | 5333263% ₹9 Cr 331,875
↓ -10,326 Kennametal India Ltd (Industrials)
Equity, Since 31 Aug 23 | 5058903% ₹9 Cr 26,305 Bharat Bijlee Ltd (Industrials)
Equity, Since 31 Aug 23 | BBL3% ₹9 Cr 17,360 Arvind Fashions Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | ARVINDFASN2% ₹8 Cr 151,805 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 17 | KEI2% ₹8 Cr 17,539 KSB Ltd (Industrials)
Equity, Since 31 Mar 21 | KSB2% ₹7 Cr 76,817
↑ 21,287 7. ICICI Prudential Smallcap Fund
CAGR/Annualized return of 14.1% since its launch. Ranked 26 in Small Cap category. Return for 2023 was 37.9% , 2022 was 5.7% and 2021 was 61% . ICICI Prudential Smallcap Fund
Growth Launch Date 18 Oct 07 NAV (05 Sep 24) ₹92.7 ↑ 0.43 (0.47 %) Net Assets (Cr) ₹8,770 on 31 Jul 24 Category Equity - Small Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.04 Sharpe Ratio 2.25 Information Ratio -0.28 Alpha Ratio 0.08 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 Aug 19 ₹10,000 31 Aug 20 ₹10,732 31 Aug 21 ₹19,992 31 Aug 22 ₹22,576 31 Aug 23 ₹28,367 31 Aug 24 ₹38,536 Returns for ICICI Prudential Smallcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 6.6% 3 Month 15.8% 6 Month 20.8% 1 Year 34.7% 3 Year 24.6% 5 Year 31.7% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 37.9% 2022 5.7% 2021 61% 2020 22.8% 2019 10% 2018 -22.4% 2017 42.7% 2016 6% 2015 0.5% 2014 50.6% Fund Manager information for ICICI Prudential Smallcap Fund
Name Since Tenure Anish Tawakley 18 Sep 23 0.87 Yr. Sri Sharma 18 Sep 23 0.87 Yr. Sharmila D’mello 30 Jun 22 2.09 Yr. Data below for ICICI Prudential Smallcap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 25.77% Basic Materials 18.53% Consumer Cyclical 13.68% Financial Services 7.4% Health Care 6.43% Utility 4.02% Real Estate 3.85% Consumer Defensive 2.49% Communication Services 2.04% Technology 2.02% Energy 0.33% Asset Allocation
Asset Class Value Cash 13.44% Equity 86.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 23 | LT3% ₹227 Cr 593,777
↑ 53,979 Rolex Rings Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433252% ₹213 Cr 847,833
↓ -13,884 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Sep 16 | 5329292% ₹206 Cr 1,637,983
↑ 67,406 Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 23 | NAM-INDIA2% ₹206 Cr 3,189,302
↓ -976,027 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5200562% ₹201 Cr 146,100 Cummins India Ltd (Industrials)
Equity, Since 30 Sep 23 | 5004802% ₹191 Cr 496,538
↓ -25,255 Gujarat State Petronet Ltd (Utilities)
Equity, Since 31 Jan 24 | 5327022% ₹187 Cr 5,511,139
↑ 119,101 Cyient Ltd (Industrials)
Equity, Since 31 Aug 18 | CYIENT2% ₹187 Cr 1,061,819 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | MARUTI2% ₹182 Cr 139,023 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Sep 23 | ULTRACEMCO2% ₹178 Cr 149,768 8. HDFC Small Cap Fund
CAGR/Annualized return of 17.6% since its launch. Ranked 9 in Small Cap category. Return for 2023 was 44.8% , 2022 was 4.6% and 2021 was 64.9% . HDFC Small Cap Fund
Growth Launch Date 3 Apr 08 NAV (05 Sep 24) ₹143.669 ↑ 1.11 (0.78 %) Net Assets (Cr) ₹33,182 on 31 Jul 24 Category Equity - Small Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.64 Sharpe Ratio 1.92 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 Aug 19 ₹10,000 31 Aug 20 ₹9,991 31 Aug 21 ₹18,533 31 Aug 22 ₹20,169 31 Aug 23 ₹27,759 31 Aug 24 ₹37,855 Returns for HDFC Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 8.1% 3 Month 18.2% 6 Month 18.8% 1 Year 36.4% 3 Year 26.7% 5 Year 31.1% 10 Year 15 Year Since launch 17.6% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 51.5% Fund Manager information for HDFC Small Cap Fund
Name Since Tenure Chirag Setalvad 28 Jun 14 10.1 Yr. Dhruv Muchhal 22 Jun 23 1.11 Yr. Data below for HDFC Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 29.11% Consumer Cyclical 19.16% Technology 12.53% Financial Services 10.37% Health Care 9.21% Basic Materials 6.17% Communication Services 2.89% Consumer Defensive 2.41% Utility 0.49% Asset Allocation
Asset Class Value Cash 7.59% Equity 92.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity Firstsource Solutions Ltd (Technology)
Equity, Since 31 Mar 18 | FSL5% ₹1,662 Cr 60,773,114
↑ 596,350 Bank of Baroda (Financial Services)
Equity, Since 31 Mar 19 | 5321343% ₹1,086 Cr 42,828,792 Sonata Software Ltd (Technology)
Equity, Since 31 Oct 17 | SONATSOFTW3% ₹1,023 Cr 13,879,889
↓ -400,000 eClerx Services Ltd (Technology)
Equity, Since 31 Mar 18 | ECLERX3% ₹874 Cr 3,647,905
↓ -14,604 Great Eastern Shipping Co Ltd (Industrials)
Equity, Since 31 Jan 15 | GESHIP2% ₹780 Cr 5,622,939
↓ -512,674 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Jun 19 | ASTERDM2% ₹762 Cr 21,967,479
↑ 450,000 Power Mech Projects Ltd (Industrials)
Equity, Since 31 Aug 15 | POWERMECH2% ₹728 Cr 1,175,331
↑ 4,899 Eris Lifesciences Ltd Registered Shs (Healthcare)
Equity, Since 31 Jul 23 | ERIS2% ₹712 Cr 6,285,426 Kirloskar Ferrous Industries Ltd (Industrials)
Equity, Since 30 Apr 18 | 5002452% ₹669 Cr 8,884,475
↓ -109,226 PNC Infratech Ltd (Industrials)
Equity, Since 31 Oct 15 | PNCINFRA2% ₹662 Cr 13,086,529
↑ 100,000 9. Sundaram Small Cap Fund
CAGR/Annualized return of 18.3% since its launch. Ranked 19 in Small Cap category. Return for 2023 was 45.3% , 2022 was -2.1% and 2021 was 60.3% . Sundaram Small Cap Fund
Growth Launch Date 15 Feb 05 NAV (06 Sep 24) ₹266.845 ↓ -2.05 (-0.76 %) Net Assets (Cr) ₹3,415 on 31 Jul 24 Category Equity - Small Cap AMC Sundaram Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2 Sharpe Ratio 2.3 Information Ratio -0.46 Alpha Ratio 0.34 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 Aug 19 ₹10,000 31 Aug 20 ₹10,679 31 Aug 21 ₹19,711 31 Aug 22 ₹21,158 31 Aug 23 ₹26,724 31 Aug 24 ₹37,634 Returns for Sundaram Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 8.7% 3 Month 14.7% 6 Month 20.8% 1 Year 39.6% 3 Year 23.9% 5 Year 30.6% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 108.7% Fund Manager information for Sundaram Small Cap Fund
Name Since Tenure Rohit Seksaria 1 Nov 22 1.75 Yr. Data below for Sundaram Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 23.67% Industrials 17.57% Consumer Cyclical 15.95% Basic Materials 8.42% Technology 8.24% Health Care 7.52% Consumer Defensive 6.13% Real Estate 3.99% Communication Services 3.42% Utility 1.28% Asset Allocation
Asset Class Value Cash 3.23% Equity 96.21% Debt 0.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 Jan 20 | CHOLAHLDNG3% ₹103 Cr 680,275
↓ -21,749 KSB Ltd (Industrials)
Equity, Since 31 May 14 | KSB3% ₹90 Cr 936,780
↓ -25,000 Ujjivan Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 24 | 5429042% ₹84 Cr 18,825,767 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5230252% ₹80 Cr 387,840 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Jun 20 | MCX2% ₹78 Cr 180,746
↑ 9,138 Greenpanel Industries Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Jul 21 | GREENPANEL2% ₹77 Cr 2,132,517 Rategain Travel Technologies Ltd (Technology)
Equity, Since 30 Jun 23 | 5434172% ₹73 Cr 890,833 Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Jun 23 | EQUITASBNK2% ₹72 Cr 8,886,124
↑ 2,357,108 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Dec 12 | 5329292% ₹72 Cr 570,602
↓ -24,439 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | RADICO2% ₹71 Cr 410,580 10. SBI Small Cap Fund
CAGR/Annualized return of 21.5% since its launch. Ranked 4 in Small Cap category. Return for 2023 was 25.3% , 2022 was 8.1% and 2021 was 47.6% . SBI Small Cap Fund
Growth Launch Date 9 Sep 09 NAV (06 Sep 24) ₹184.457 ↓ -0.52 (-0.28 %) Net Assets (Cr) ₹32,761 on 31 Jul 24 Category Equity - Small Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio 2.44 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 Aug 19 ₹10,000 31 Aug 20 ₹11,757 31 Aug 21 ₹19,706 31 Aug 22 ₹23,032 31 Aug 23 ₹27,449 31 Aug 24 ₹37,719 Returns for SBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 24 Duration Returns 1 Month 5.2% 3 Month 12.1% 6 Month 23.5% 1 Year 36.9% 3 Year 23.8% 5 Year 30.4% 10 Year 15 Year Since launch 21.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2014 110.7% Fund Manager information for SBI Small Cap Fund
Name Since Tenure R. Srinivasan 16 Nov 13 10.71 Yr. Pradeep Kesavan 31 Dec 23 0.58 Yr. Mohan Lal 1 May 24 0.25 Yr. Data below for SBI Small Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 35.76% Consumer Cyclical 18.66% Financial Services 14.16% Basic Materials 9.84% Consumer Defensive 5.32% Communication Services 1.97% Real Estate 1.7% Health Care 1.62% Utility 0.46% Asset Allocation
Asset Class Value Cash 10.51% Equity 89.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 May 20 | KPIL4% ₹1,234 Cr 9,000,000 Blue Star Ltd (Industrials)
Equity, Since 30 Jun 18 | BLUESTARCO4% ₹1,207 Cr 7,000,000 GE T&D India Ltd (Industrials)
Equity, Since 31 Aug 19 | 5222753% ₹1,110 Cr 7,000,000 Finolex Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | 5009403% ₹1,101 Cr 34,595,699 Whirlpool of India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | 5002383% ₹931 Cr 4,340,000 CMS Info Systems Ltd (Industrials)
Equity, Since 31 Dec 21 | 5434413% ₹863 Cr 15,000,000 Carborundum Universal Ltd (Industrials)
Equity, Since 31 May 19 | CARBORUNIV3% ₹849 Cr 4,939,842 Chalet Hotels Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | CHALET3% ₹820 Cr 9,716,991 V-Guard Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | VGUARD2% ₹781 Cr 17,000,000 DOMS Industries Ltd (Industrials)
Equity, Since 31 Dec 23 | 5440452% ₹780 Cr 3,300,000
Conclusion
Unlike any investment, small cap funds have its own pros and cons. If you are ready to take such risks and want to invest in small caps, then they are the right arena for you! You should further explore more!
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.
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