ICICI Prudential Smallcap Fund

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential Smallcap Fund is a 18 yrs 5 m old fund and has delivered average annual returns of 12.26% since inception. ICICI Prudential Smallcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 1.58% 15.31% 19.43% 16.24% 12.26%

Q: How much does this mutual fund charge as expense ratio?

The ICICI Prudential Smallcap Fund has an expense ratio of 1.8% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹82.19-0.81% 1 day change	12.26% p.a.	App exclusive #NA View Ranked Funds	₹8,428 Cr

Historical NAV & returns

NAV: ₹82.19 as on Feb 02, 2026

This fund Category average

ICICI Prudential Smallcap Fund overview

AUM (Fund size)	₹8,428 Cr
Exit load	1.0% Exit load of 1% if redeemed upto 1 year!
Lock-in Period	Nil
Age	18 yrs 5 m since Aug 23, 2007
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.8% as on Feb 02, 2026
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ICICI Prudential Smallcap 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.14%	-6.85%
3 Months	-6.76%	-9.89%
6 Months	-5.97%	-7.68%
1 Year	1.58%	-1.32%
2 Years	3.65%	3.92%
3 Years	15.31%	16.42%
4 Years	12.23%	11.19%
5 Years	19.43%	18.36%
7 Years	20.42%	17.57%
10 Years	16.24%	14.68%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 14.62%

Mid Cap 4.46%

Small Cap 75.65%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.78%

Nifty 503.9%

Gujarat Pipavav Port Ltd.2.67%

Jamna Auto Industries Ltd.2.56%

Top sectors

Financial 12.690000000000003%

Chemicals 11.649999999999999%

Materials 10.530000000000001%

Capital Goods 10.48%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 1.23%

Allocation by Instruments

Repo 7.16187105%

Index Derivatives 3.89812284%

Treasury Bills 1.2294440299999998%

Cash Margin 0.26935184%

Other Holdings

Others 7.16%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Smallcap Fund	-5.14%	-5.97%	1.58%	15.31%	19.43%	16.24%
Nippon India Small Cap Fund	-6.13%	-6.79%	0.64%	20.02%	24.49%	20.47%
Bandhan Small Cap Fund	-6.95%	-5.33%	3.83%	28.37%	23.1%	15.96%
Invesco India Smallcap Fund	-7.53%	-5.7%	1.58%	22.16%	22.21%	14.53%
Tata Small Cap Fund	-7.45%	-15.05%	-7.57%	13.88%	20.43%	13.1%
Edelweiss Small Cap Fund	-6.21%	-4.55%	0.66%	18.27%	21.16%	15.42%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Smallcap Fund	15.24	0.75	0.64	0.97
Nippon India Small Cap Fund	16.81	0.85	0.82	1.18
Bandhan Small Cap Fund	18.25	0.92	1.14	1.83
Invesco India Smallcap Fund	16.88	0.82	0.92	1.13
Tata Small Cap Fund	16.8	0.81	0.49	0.71
Edelweiss Small Cap Fund	16.09	0.81	0.78	1.11

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Smallcap Fund	N.A.	8,428 Cr	18 yrs 5 m	1.8%
Nippon India Small Cap Fund	N.A.	68,287 Cr	15 yrs 5 m	1.41%
Bandhan Small Cap Fund	N.A.	18,990 Cr	6 yrs	1.63%
Invesco India Smallcap Fund	N.A.	9,225 Cr	7 yrs 3 m	1.71%
Tata Small Cap Fund	N.A.	11,324 Cr	7 yrs 3 m	1.69%
Edelweiss Small Cap Fund	N.A.	5,459 Cr	7 yrs	1.82%

View all Small Cap funds

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

Alpha	-0.08 vs. 4.89 Underperformed at beating benchmark
Sharpe	0.64 vs. 5.4 Poor risk-adjusted returns
Beta	0.75 vs. 0.67 More sensitive to market's ups & downs
Standard deviation	15.24 vs. 12.32 More volatile performance

Compare ICICI Prudential Smallcap Fund in detail with

About this fund

About ICICI Prudential Smallcap Fund

ICICI Prudential Smallcap Fund is a Small Cap mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 18 yrs 5 m, having been launched on 23/08/2007. ICICI Prudential Smallcap Fund has ₹8,428 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Smallcap Fund as of 02/02/2026 is ₹82.19. The fund has an expense ratio of 1.8%, which is higher than what most other Small Cap funds charge.

ICICI Prudential Smallcap Fund returns of last 1-year are 0.24%. Since launch, it has delivered 12.19% average annual returns. The fund has doubled the money invested in it every 5 yrs.
ICICI Prudential Smallcap Fund 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 average.
The fund has the majority of its money invested in Financial, Chemicals, Materials, Capital Goods, Services sectors. It has taken less exposure in Financial, Chemicals sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Nifty 50, Gujarat Pipavav Port Ltd., Jamna Auto Industries Ltd., Atul Ltd..

...

Fund AUM	8,428 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Anish Tawakley

Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi Prior joining to ICICI AMC he has worked with Barclays India - Equity Research, Credit Suisse India - Equity research - Indian financial services sector,

Sri Sharma

Ms. Sharma has done B.Com, CA and CFA ( Level 2 cleared) Prior to joining ICICI Prudential Mutual Fund, she has worked with PwC

Investment objective

The scheme seeks to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks.

ICICI Prudential Mutual Fund details

No. of schemes	104 view all schemes
Total AUM	11,30,333 Cr as on Dec 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Infrastructure Fund	N.A.	8,134 Cr	9.51%	27.49%
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,500 Cr	17.32%	27.03%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	22.01%	24.75%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	11.87%	24.41%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	10.38%	23.15%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	11.15%	21.94%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Smallcap Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Smallcap Fund plan is approximately ₹82.19 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential Smallcap Fund is a 18 yrs 5 m old fund and has delivered average annual returns of 12.26% since inception.

ICICI Prudential Smallcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
1.58%	15.31%	19.43%	16.24%	12.26%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Smallcap Fund has an expense ratio of 1.8%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The ICICI Prudential Smallcap Fund currently has assets under management (AUM) or fund size valued at approximately 8,428 Cr as on Dec 31, 2025.

What are the top stock holdings of ICICI Prudential Smallcap Fund?

The ICICI Prudential Smallcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.78%
Nifty 50	3.9%
Gujarat Pipavav Port Ltd.	2.67%
Jamna Auto Industries Ltd.	2.56%
Atul Ltd.	2.53%
Gillette India Ltd.	2.51%
Ultratech Cement Ltd.	2.45%
Procter & Gamble Health Ltd.	2.45%
Pfizer Ltd.	2.13%
Tata Chemicals Ltd.	2.11%

What are the top sectors ICICI Prudential Smallcap Fund has invested in?

The ICICI Prudential Smallcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	12.690000000000003%
Chemicals	11.649999999999999%
Materials	10.530000000000001%
Capital Goods	10.48%
Services	9.690000000000001%
Healthcare	8.299999999999999%
Automobile	7.48%
Construction	6.09%
Consumer Staples	5.08%
Metals & Mining	4.51%

What is risk level of ICICI Prudential Smallcap 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 can I redeem my investments in ICICI Prudential Smallcap Fund?

Redeeming your investments in the ICICI Prudential Smallcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Small Cap

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed upto 1 year