+91-22-48913909Small 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 2025
Fund Selection Methodology used to Find 10 Funds
Top and Best Small-Cap Funds to Consider 2025
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Nippon India Small Cap Fund Growth ₹166.329
↑ 1.74 ₹68,572 100 0.3 -4 -4.7 21.4 27.1 26.1 HDFC Small Cap Fund Growth ₹138.332
↑ 1.67 ₹38,020 300 -1 -1.7 -0.6 20.1 24.5 20.4 Franklin India Smaller Companies Fund Growth ₹164.498
↑ 1.75 ₹13,529 500 -0.2 -6.4 -8.4 19.7 22.7 23.2 DSP Small Cap Fund Growth ₹195.601
↑ 2.44 ₹17,010 500 1.8 -3.2 -2.8 19.9 22.4 25.6 IDBI Small Cap Fund Growth ₹29.4435
↑ 0.31 ₹619 500 -2 -3.7 -13.4 17.4 22.2 40 Sundaram Small Cap Fund Growth ₹259.613
↑ 3.36 ₹3,450 100 2 -0.8 0.4 20.2 22.2 19.1 ICICI Prudential Smallcap Fund Growth ₹85.92
↑ 0.96 ₹8,452 100 -0.8 -3 -0.4 16.7 22 15.6 Kotak Small Cap Fund Growth ₹249.758
↑ 2.86 ₹17,423 1,000 -1.6 -6.4 -9.1 15.4 20.6 25.5 SBI Small Cap Fund Growth ₹168.696
↑ 1.58 ₹36,272 500 -0.3 -3.7 -4.9 13.9 18.7 24.1 Aditya Birla Sun Life Small Cap Fund Growth ₹84.712
↑ 0.65 ₹5,049 1,000 1.9 -3.5 -3.7 17.7 18.2 21.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Dec 25 Research Highlights & Commentary of 10 Funds showcased
Commentary Nippon India Small Cap Fund HDFC Small Cap Fund Franklin India Smaller Companies Fund DSP Small Cap Fund IDBI Small Cap Fund Sundaram Small Cap Fund ICICI Prudential Smallcap Fund Kotak Small Cap Fund SBI Small Cap Fund Aditya Birla Sun Life Small Cap Fund Point 1 Highest AUM (₹68,572 Cr). Top quartile AUM (₹38,020 Cr). Lower mid AUM (₹13,529 Cr). Upper mid AUM (₹17,010 Cr). Bottom quartile AUM (₹619 Cr). Bottom quartile AUM (₹3,450 Cr). Lower mid AUM (₹8,452 Cr). Upper mid AUM (₹17,423 Cr). Upper mid AUM (₹36,272 Cr). Bottom quartile AUM (₹5,049 Cr). Point 2 Established history (15+ yrs). Established history (17+ yrs). Established history (19+ yrs). Established history (18+ yrs). Established history (8+ yrs). Oldest track record among peers (20 yrs). Established history (18+ yrs). Established history (20+ yrs). Established history (16+ yrs). Established history (18+ yrs). Point 3 Rating: 4★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (lower mid). Not Rated. Rating: 3★ (lower mid). Rating: 3★ (bottom quartile). Rating: 3★ (bottom quartile). Top rated. Rating: 5★ (top 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: 27.14% (top quartile). 5Y return: 24.49% (top quartile). 5Y return: 22.69% (upper mid). 5Y return: 22.44% (upper mid). 5Y return: 22.23% (upper mid). 5Y return: 22.21% (lower mid). 5Y return: 22.02% (lower mid). 5Y return: 20.58% (bottom quartile). 5Y return: 18.75% (bottom quartile). 5Y return: 18.20% (bottom quartile). Point 6 3Y return: 21.38% (top quartile). 3Y return: 20.14% (upper mid). 3Y return: 19.74% (upper mid). 3Y return: 19.91% (upper mid). 3Y return: 17.39% (lower mid). 3Y return: 20.21% (top quartile). 3Y return: 16.68% (bottom quartile). 3Y return: 15.43% (bottom quartile). 3Y return: 13.95% (bottom quartile). 3Y return: 17.68% (lower mid). Point 7 1Y return: -4.75% (lower mid). 1Y return: -0.58% (upper mid). 1Y return: -8.39% (bottom quartile). 1Y return: -2.79% (upper mid). 1Y return: -13.39% (bottom quartile). 1Y return: 0.39% (top quartile). 1Y return: -0.37% (top quartile). 1Y return: -9.07% (bottom quartile). 1Y return: -4.89% (lower mid). 1Y return: -3.74% (upper mid). Point 8 Alpha: -1.19 (lower mid). Alpha: 0.00 (upper mid). Alpha: -3.60 (bottom quartile). Alpha: 0.00 (upper mid). Alpha: -7.32 (bottom quartile). Alpha: 4.26 (top quartile). Alpha: 0.15 (top quartile). Alpha: -5.42 (bottom quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Point 9 Sharpe: -0.40 (lower mid). Sharpe: -0.18 (upper mid). Sharpe: -0.51 (lower mid). Sharpe: -0.16 (top quartile). Sharpe: -0.64 (bottom quartile). Sharpe: -0.13 (top quartile). Sharpe: -0.32 (upper mid). Sharpe: -0.59 (bottom quartile). Sharpe: -0.54 (bottom quartile). Sharpe: -0.28 (upper mid). Point 10 Information ratio: 0.05 (top quartile). Information ratio: 0.00 (top quartile). Information ratio: -0.13 (lower mid). Information ratio: 0.00 (upper mid). Information ratio: -0.66 (bottom quartile). Information ratio: -0.14 (lower mid). Information ratio: -0.63 (bottom quartile). Information ratio: -0.81 (bottom quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (upper mid). Nippon India Small Cap Fund
HDFC Small Cap Fund
Franklin India Smaller Companies Fund
DSP Small Cap Fund
IDBI Small Cap Fund
Sundaram Small Cap Fund
ICICI Prudential Smallcap Fund
Kotak Small Cap Fund
SBI Small Cap Fund
Aditya Birla Sun Life Small Cap Fund
All the funds mentioned above are ideal, we are giving you detailed analysis of 5 funds.
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. Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on To provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies. Research Highlights for HDFC Small Cap Fund Below is the key information for HDFC Small Cap 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. Research Highlights for Franklin India Smaller Companies Fund Below is the key information for Franklin India Smaller Companies 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 Research Highlights for DSP Small Cap Fund Below is the key information for DSP Small Cap 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. Research Highlights for IDBI Small Cap Fund Below is the key information for IDBI Small Cap Fund Returns up to 1 year are on 1. Nippon India Small Cap Fund
Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (31 Dec 25) ₹166.329 ↑ 1.74 (1.06 %) Net Assets (Cr) ₹68,572 on 30 Nov 25 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.44 Sharpe Ratio -0.4 Information Ratio 0.05 Alpha Ratio -1.19 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 Dec 20 ₹10,000 31 Dec 21 ₹17,434 31 Dec 22 ₹18,574 31 Dec 23 ₹27,661 31 Dec 24 ₹34,872 Returns for Nippon India Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 25 Duration Returns 1 Month -1.3% 3 Month 0.3% 6 Month -4% 1 Year -4.7% 3 Year 21.4% 5 Year 27.1% 10 Year 15 Year Since launch 20.2% 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 8.92 Yr. Kinjal Desai 25 May 18 7.53 Yr. Lokesh Maru 5 Sep 25 0.24 Yr. Divya Sharma 5 Sep 25 0.24 Yr. Data below for Nippon India Small Cap Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Industrials 20.06% Financial Services 16.18% Consumer Cyclical 15.33% Basic Materials 11.01% Consumer Defensive 10.83% Health Care 8.81% Technology 7.25% Utility 2.37% Energy 1.83% Communication Services 1.23% Real Estate 0.95% 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 | MCX3% ₹1,865 Cr 1,851,010 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹1,340 Cr 13,300,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 19 | SBIN1% ₹1,013 Cr 10,347,848 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KARURVYSYA1% ₹946 Cr 38,140,874 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Sep 22 | BHEL1% ₹858 Cr 29,507,422
↑ 969,190 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS1% ₹824 Cr 899,271 TD Power Systems Ltd (Industrials)
Equity, Since 31 Dec 15 | TDPOWERSYS1% ₹799 Cr 10,278,244 eClerx Services Ltd (Technology)
Equity, Since 31 Jul 20 | ECLERX1% ₹779 Cr 1,712,794 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 24 | RELIANCE1% ₹778 Cr 4,964,128 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 24 | AXISBANK1% ₹765 Cr 5,977,976 2. HDFC Small Cap Fund
HDFC Small Cap Fund
Growth Launch Date 3 Apr 08 NAV (31 Dec 25) ₹138.332 ↑ 1.67 (1.22 %) Net Assets (Cr) ₹38,020 on 30 Nov 25 Category Equity - Small Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.58 Sharpe Ratio -0.18 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 Dec 20 ₹10,000 31 Dec 21 ₹16,488 31 Dec 22 ₹17,245 31 Dec 23 ₹24,978 31 Dec 24 ₹30,076 Returns for HDFC Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 25 Duration Returns 1 Month -1.8% 3 Month -1% 6 Month -1.7% 1 Year -0.6% 3 Year 20.1% 5 Year 24.5% 10 Year 15 Year Since launch 16% 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 11.44 Yr. Dhruv Muchhal 22 Jun 23 2.45 Yr. Data below for HDFC Small Cap Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Industrials 20.79% Consumer Cyclical 18.73% Technology 12.89% Financial Services 12.58% Health Care 11.87% Basic Materials 6.86% Consumer Defensive 3.66% Communication Services 1.63% Asset Allocation
Asset Class Value Cash 10.22% Equity 89.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity Firstsource Solutions Ltd (Technology)
Equity, Since 31 Mar 18 | FSL5% ₹1,911 Cr 55,264,362 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Jun 19 | ASTERDM4% ₹1,592 Cr 23,927,134 eClerx Services Ltd (Technology)
Equity, Since 31 Mar 18 | ECLERX4% ₹1,498 Cr 3,291,244
↓ -335,351 Bank of Baroda (Financial Services)
Equity, Since 31 Mar 19 | BANKBARODA4% ₹1,357 Cr 46,828,792 Eris Lifesciences Ltd Registered Shs (Healthcare)
Equity, Since 31 Jul 23 | ERIS3% ₹1,034 Cr 6,482,100 Gabriel India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | GABRIEL3% ₹957 Cr 9,298,375
↓ -179,000 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jul 23 | FORTIS2% ₹868 Cr 9,440,132
↓ -533,000 Indian Bank (Financial Services)
Equity, Since 31 Jul 16 | INDIANB2% ₹843 Cr 9,688,128 Krishna Institute of Medical Sciences Ltd (Healthcare)
Equity, Since 31 Jul 23 | 5433082% ₹762 Cr 11,127,166 Sonata Software Ltd (Technology)
Equity, Since 31 Oct 17 | SONATSOFTW2% ₹692 Cr 19,371,219
↑ 111,381 3. Franklin India Smaller Companies Fund
Franklin India Smaller Companies Fund
Growth Launch Date 13 Jan 06 NAV (31 Dec 25) ₹164.498 ↑ 1.75 (1.08 %) Net Assets (Cr) ₹13,529 on 30 Nov 25 Category Equity - Small Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio -0.51 Information Ratio -0.13 Alpha Ratio -3.6 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 Dec 20 ₹10,000 31 Dec 21 ₹15,637 31 Dec 22 ₹16,196 31 Dec 23 ₹24,642 31 Dec 24 ₹30,350 Returns for Franklin India Smaller Companies Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 25 Duration Returns 1 Month -2.2% 3 Month -0.2% 6 Month -6.4% 1 Year -8.4% 3 Year 19.7% 5 Year 22.7% 10 Year 15 Year Since launch 15.1% 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 14.84 Yr. Sandeep Manam 18 Oct 21 4.12 Yr. Akhil Kalluri 8 Sep 22 3.23 Yr. Data below for Franklin India Smaller Companies Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Consumer Cyclical 20.24% Financial Services 17.68% Industrials 17.66% Health Care 10.61% Basic Materials 9.81% Technology 8.83% Real Estate 4.28% Consumer Defensive 3.8% Utility 3.38% Asset Allocation
Asset Class Value Cash 2.95% Equity 96.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Jun 14 | BRIGADE3% ₹346 Cr 3,868,691 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 Aug 22 | SYRMA2% ₹320 Cr 3,895,864
↓ -127,547 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Jul 23 | ASTERDM2% ₹311 Cr 4,675,704
↓ -942,430 Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 20 | EQUITASBNK2% ₹308 Cr 48,064,081 CCL Products (India) Ltd (Consumer Defensive)
Equity, Since 30 Apr 19 | CCL2% ₹304 Cr 3,010,279
↓ -250,000 Eris Lifesciences Ltd Registered Shs (Healthcare)
Equity, Since 30 Sep 19 | ERIS2% ₹298 Cr 1,866,828 J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Jun 14 | JBCHEPHARM2% ₹257 Cr 1,448,723 Zensar Technologies Ltd (Technology)
Equity, Since 28 Feb 23 | ZENSARTECH2% ₹253 Cr 3,374,581
↑ 154,241 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | KALYANKJIL2% ₹251 Cr 4,963,469 Sobha Ltd (Real Estate)
Equity, Since 31 Mar 12 | SOBHA2% ₹233 Cr 1,513,099 4. DSP Small Cap Fund
DSP Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (31 Dec 25) ₹195.601 ↑ 2.44 (1.26 %) Net Assets (Cr) ₹17,010 on 30 Nov 25 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio -0.16 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 Dec 20 ₹10,000 31 Dec 21 ₹15,890 31 Dec 22 ₹15,962 31 Dec 23 ₹22,540 31 Dec 24 ₹28,310 Returns for DSP Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 25 Duration Returns 1 Month -0.8% 3 Month 1.8% 6 Month -3.2% 1 Year -2.8% 3 Year 19.9% 5 Year 22.4% 10 Year 15 Year Since launch 17.4% 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 15.46 Yr. Data below for DSP Small Cap Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Consumer Cyclical 33.75% Basic Materials 15.78% Industrials 14.9% Health Care 9.76% Consumer Defensive 7.15% Financial Services 7.11% Technology 3.44% Communication Services 0.67% Utility 0.14% Asset Allocation
Asset Class Value Cash 7.31% Equity 92.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity Lumax Auto Technologies Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | LUMAXTECH6% ₹952 Cr 6,196,634 Thangamayil Jewellery Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | THANGAMAYL3% ₹546 Cr 1,677,908 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX3% ₹503 Cr 1,105,918 Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Dec 22 | JUBLINGREA3% ₹496 Cr 7,000,000 Dodla Dairy Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 5433063% ₹480 Cr 3,750,000 Welspun Corp Ltd (Basic Materials)
Equity, Since 31 Mar 21 | WELCORP3% ₹471 Cr 5,500,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG3% ₹450 Cr 4,000,000 LT Foods Ltd (Consumer Defensive)
Equity, Since 31 Dec 17 | 5327832% ₹408 Cr 10,000,000 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 14 | IPCALAB2% ₹337 Cr 2,320,000 Cyient Ltd (Industrials)
Equity, Since 30 Sep 21 | CYIENT2% ₹337 Cr 3,000,000 5. IDBI Small Cap Fund
IDBI Small Cap Fund
Growth Launch Date 21 Jun 17 NAV (31 Dec 25) ₹29.4435 ↑ 0.31 (1.06 %) Net Assets (Cr) ₹619 on 30 Nov 25 Category Equity - Small Cap AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 2.3 Sharpe Ratio -0.64 Information Ratio -0.66 Alpha Ratio -7.32 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 Dec 20 ₹10,000 31 Dec 21 ₹16,469 31 Dec 22 ₹16,867 31 Dec 23 ₹22,502 31 Dec 24 ₹31,506 Returns for IDBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 25 Duration Returns 1 Month -0.6% 3 Month -2% 6 Month -3.7% 1 Year -13.4% 3 Year 17.4% 5 Year 22.2% 10 Year 15 Year Since launch 13.5% 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 1.42 Yr. Mahesh Bendre 1 Jul 24 1.42 Yr. Data below for IDBI Small Cap Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Industrials 31.13% Consumer Cyclical 14.95% Basic Materials 14.5% Consumer Defensive 8.52% Health Care 7.67% Financial Services 7.47% Technology 6.47% Utility 5.39% Communication Services 1.06% Real Estate 0.53% Asset Allocation
Asset Class Value Cash 2.32% Equity 97.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Allied Blenders and Distillers Ltd (Consumer Defensive)
Equity, Since 31 Jul 24 | ABDL3% ₹21 Cr 326,140 Apollo Micro Systems Ltd Ordinary Shares (Industrials)
Equity, Since 30 Jun 25 | APOLLO3% ₹21 Cr 877,192 Manorama Industries Ltd (Consumer Defensive)
Equity, Since 31 Dec 24 | 5419742% ₹14 Cr 109,106 Avalon Technologies Ltd (Technology)
Equity, Since 31 Aug 23 | AVALON2% ₹13 Cr 135,939 Arvind Fashions Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | ARVINDFASN2% ₹13 Cr 259,739 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 19 | NAVINFLUOR2% ₹13 Cr 22,671 Pricol Ltd (Consumer Cyclical)
Equity, Since 30 Sep 25 | PRICOLLTD2% ₹13 Cr 202,903 Hindustan Foods Ltd (Industrials)
Equity, Since 31 Jul 24 | 5191262% ₹12 Cr 223,053
↓ -5,323 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 25 | SYRMA2% ₹12 Cr 145,399
↓ -35,381 Bharat Bijlee Ltd (Industrials)
Equity, Since 31 May 25 | BBL2% ₹12 Cr 40,646
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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Research Highlights for Nippon India Small Cap Fund