HDFC Small Cap Fund Direct- Growth

Q: What are the returns of HDFC Small Cap Fund?

The HDFC Small Cap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 19.53% since inception. HDFC Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 2.48% 21.37% 36.3% 18.61% 19.53%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹143.209+0.58% 1 day change	19.53% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹143.209 as on Apr 23, 2025

This fund Category average

HDFC Small Cap Fund overview

VRO rating	3
Expense ratio	0.93% as on Mar 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
AUM (Fund size)	₹30,223 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	BSE 250 SmallCap TRI
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

HDFC Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	3.42%	2.87%
3 months	-1.23%	-0.2%
6 months	-6.56%	-7.33%
1 year	2.48%	7.11%
3 years	21.37%	19.91%
5 years	36.3%	36.56%
7 years	16.07%	17.29%
10 years	18.61%	17.82%

Asset allocationas on Mar 31, 2025

Large Cap 4.330080000000001%

Mid Cap 8.492543999999999%

Small Cap 80.297376%

Other Cap 0.0%

Top holdings

Firstsource Solutions Ltd.6.11%

Aster DM Healthcare Ltd.3.89%

Bank Of Baroda3.54%

eClerx Services Ltd.3.45%

Top sectors

Services 23.950000000000003%

Healthcare 13.25%

Financial 11.73%

Capital Goods 10.559999999999997%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 7.03%

Other Holdings

Others 7.03%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HDFC Small Cap Fund	N.A.	₹30,223 Crs	12 yrs 3 m	0.93%
Nippon India Small Cap Fund	N.A.	₹55,491 Crs	12 yrs 3 m	0.73%
Tata Small Cap Fund	N.A.	₹9,203 Crs	6 yrs 6 m	0.3%
Quant Small Cap Fund	N.A.	₹24,893 Crs	12 yrs 3 m	0.69%
Invesco India Smallcap Fund	N.A.	₹5,885 Crs	6 yrs 6 m	0.41%
Axis Small Cap Fund	N.A.	₹22,736 Crs	11 yrs 5 m	0.57%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Small Cap Fund	3.42%	-6.56%	2.48%	21.37%	36.3%	18.61%
Nippon India Small Cap Fund	3.13%	-8.4%	5.79%	23.4%	40.66%	22.0%
Tata Small Cap Fund	1.11%	-10.13%	8.84%	23.38%	38.01%	15.43%
Quant Small Cap Fund	2.6%	-8.62%	-2.7%	22.35%	50.18%	19.84%
Invesco India Smallcap Fund	4.39%	-3.62%	15.51%	25.3%	36.74%	15.55%
Axis Small Cap Fund	2.97%	-3.07%	12.14%	19.64%	32.79%	19.61%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Small Cap Fund	16.49	0.8	0.85	1.22
Nippon India Small Cap Fund	17.36	0.85	0.87	1.2
Tata Small Cap Fund	16.27	0.76	0.99	1.33
Quant Small Cap Fund	18.86	0.9	0.82	1.23
Invesco India Smallcap Fund	17.07	0.8	0.92	1.17
Axis Small Cap Fund	14.67	0.71	0.74	1.03

View all Small Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.33 vs. 5.19 Underperformed at beating benchmark
Sharpe	0.85 vs. 6.12 Poor risk-adjusted returns
Beta	0.8 vs. 0.71 More sensitive to market's ups & downs
Standard deviation	16.49 vs. 13.25 More volatile performance

Compare HDFC Small Cap Fund in detail with

About this fund

About HDFC Small Cap Fund

HDFC Small Cap Fund Direct- Growth is a Small Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HDFC Small Cap Fund Direct- Growth has ₹30,223 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Small Cap Fund Direct- Growth as of 23/04/2025 is ₹143.21. The fund has an expense ratio of 0.93%, which is higher than what most other Small Cap funds charge.

HDFC Small Cap Fund Direct- Growth returns of last 1-year are 2.83%. Since launch, it has delivered 19.53% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HDFC Small Cap Fund Direct- Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Services, Healthcare, Financial, Capital Goods, Automobile sectors. It has taken less exposure in Services, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Firstsource Solutions Ltd., Aster DM Healthcare Ltd., Bank Of Baroda, eClerx Services Ltd., Fortis Healthcare Ltd..

...

Fund AUM	₹30,223 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Chirag Setalvad

Mr. Setalvad is a B. Sc and MBA from University of North Carolina. Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.

Investment objective

The scheme seeks to provide long-term capital appreciation /income by investing predominantly in Small-Cap companies.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	₹7,80,967 Crs as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
HDFC Infrastructure Fund	N.A.	₹2,329 Crs	4.73%	36.89%
HDFC Mid-Cap Opportunities Fund	N.A.	₹72,610 Crs	12.3%	34.83%
HDFC Focused 30 Fund	N.A.	₹17,227 Crs	18.97%	32.76%
HDFC Flexi Cap Fund	N.A.	₹69,639 Crs	18.27%	32.3%
HDFC Large and Mid Cap Fund	N.A.	₹23,380 Crs	9.8%	30.96%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Small Cap Fund?

The current Net Asset Value (NAV) of the HDFC Small Cap Fund - Direct Growth plan is approximately ₹143.209 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HDFC Small Cap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 19.53% since inception.

HDFC Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
2.48%	21.37%	36.3%	18.61%	19.53%

How much does this mutual fund charge as expense ratio?

The HDFC Small Cap Fund - Direct Growth has an expense ratio of 0.93%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹30,223 Crs crore as of Mar 31, 2025.

What are the top stock holdings of HDFC Small Cap Fund?

The HDFC Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Firstsource Solutions Ltd.	6.11%
Aster DM Healthcare Ltd.	3.89%
Bank Of Baroda	3.54%
eClerx Services Ltd.	3.45%
Fortis Healthcare Ltd.	2.88%
Eris Lifesciences Ltd.	2.8%
Krishna Institute of Medical Sciences Ltd	2.42%
Gabriel India Ltd.	2.31%
Power Mech Projects Ltd.	2.22%
Sonata Software Ltd.	1.99%

What are the top sectors HDFC Small Cap Fund has invested in?

The HDFC Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Services	23.950000000000003%
Healthcare	13.25%
Financial	11.73%
Capital Goods	10.559999999999997%
Automobile	6.24%
Chemicals	5.199999999999999%
Construction	3.9200000000000004%
Metals & Mining	3.53%
Technology	3.34%
Consumer Discretionary	2.5700000000000003%

What is risk level of HDFC Small Cap Fund?

This is a Small Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Small Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Small Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Small Cap Fund is complete.

How can I redeem my investments in HDFC Small Cap Fund?

Redeeming your investments in HDFC Small Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the 3rd oldest Small Cap fund.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load of 1% if redeemed within 1 year