ITI Small Cap Fund

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

The ITI Small Cap Fund is a 6 yrs old fund and has delivered average annual returns of 17.63% since inception. ITI Small Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 1.64% 23.42% 16.84% 17.63%

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

The ITI Small Cap Fund has an expense ratio of 1.87% , 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)
₹26.3103-1.81% 1 day change	17.63% p.a.	App exclusive #NA View Ranked Funds	₹2,793 Cr

Historical NAV & returns

NAV: ₹26.3103 as on Feb 02, 2026

This fund Category average

ITI Small Cap Fund overview

AUM (Fund size)	₹2,793 Cr
Exit load	0.5% Exit load of 0.50%, if redeemed within 3 months.!
Lock-in Period	Nil
Age	6 yrs since Jan 27, 2020
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.87% 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%

ITI 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-7.2%	-6.85%
3 Months	-10.06%	-9.89%
6 Months	-7.61%	-7.68%
1 Year	1.64%	-1.32%
2 Years	6.37%	3.92%
3 Years	23.42%	16.42%
4 Years	15.32%	11.19%
5 Years	16.84%	18.36%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 4.4%

Mid Cap 24.79%

Small Cap 69.22%

Other Cap 0%

Top holdings

Multi Commodity Exchange Of India Ltd.3.08%

Acutaas Chemicals Ltd.2.69%

CarTrade Tech Ltd.2.32%

Karur Vysya Bank Ltd.2.16%

Top sectors

Financial 17.34%

Capital Goods 15.680000000000001%

Healthcare 12.99%

Services 12.780000000000001%

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

Net Receivables 1.26996915%

Mutual Fund 0.32205616%

Other Holdings

Others 1.27%

ITI Dynamic Bond Fund Direct - Growth 0.18%

ITI Banking and PSU Debt Fund Direct-Growth 0.14%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ITI Small Cap Fund	-7.2%	-7.61%	1.64%	23.42%	16.84%	N.A.
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
ITI Small Cap Fund	16.93	0.83	1.0	1.26
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
ITI Small Cap Fund	N.A.	2,793 Cr	6 yrs	1.87%
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	6.15 vs. 4.89 Higher outperformance against benchmark
Sharpe	1.0 vs. 5.4 Poor risk-adjusted returns
Beta	0.83 vs. 0.67 More sensitive to market's ups & downs
Standard deviation	16.93 vs. 12.32 More volatile performance

Compare ITI Small Cap Fund in detail with

About this fund

About ITI Small Cap Fund

ITI Small Cap Fund is a Small Cap mutual fund scheme from Iti Mutual Fund. This fund has been in existence for 6 yrs, having been launched on 27/01/2020. ITI Small Cap Fund has ₹2,793 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of ITI Small Cap Fund as of 02/02/2026 is ₹26.31. The fund has an expense ratio of 1.87%, which is higher than what most other Small Cap funds charge.

ITI Small Cap Fund returns of last 1-year are 0.64%. Since launch, it has delivered 17.61% average annual returns. The fund has doubled the money invested in it every 4 yrs.
ITI Small Cap 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 high.
The fund has the majority of its money invested in Financial, Capital Goods, Healthcare, Services, Consumer Staples sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Multi Commodity Exchange Of India Ltd., Acutaas Chemicals Ltd., CarTrade Tech Ltd., Karur Vysya Bank Ltd., ZF Commercial Vehicle Control Systems India Ltd..

...

Fund AUM

2,793 Cr as on Dec 31, 2025

Fund managers

Dhimant Shah

Mr. Shah is a B.Com (H) and Chartered Accountant. Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.

Rohan Korde

Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce Prior to joining ITI Mutual Fund, he has worked with BOB Capital Markets as Vice President

Investment objective

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

ITI Mutual Fund details

No. of schemes	17 view all schemes
Total AUM	11,167 Cr as on Dec 31, 2025
Address	ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai, 400012
Email	mfassist@itiorg.com
Phone	022-66214999

More funds from ITI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ITI Mid Cap Fund	N.A.	1,329 Cr	9.57%	N.A.
ITI ELSS Tax Saver Fund	N.A.	440 Cr	2.62%	12.57%
ITI Flexi Cap Fund	N.A.	1,299 Cr	8.11%	N.A.
ITI Value Fund	N.A.	354 Cr	7.46%	N.A.
ITI Large Cap Fund	N.A.	528 Cr	4.13%	9.6%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ITI Small Cap Fund?

The current Net Asset Value (NAV) of the ITI Small Cap Fund plan is approximately ₹26.3103 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ITI Small Cap Fund is a 6 yrs old fund and has delivered average annual returns of 17.63% since inception.

ITI Small Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
1.64%	23.42%	16.84%	17.63%

How much does this mutual fund charge as expense ratio?

The ITI Small Cap Fund has an expense ratio of 1.87%, 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 ITI Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 2,793 Cr as on Dec 31, 2025.

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

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

Company	Percentage of Portfolio
Multi Commodity Exchange Of India Ltd.	3.08%
Acutaas Chemicals Ltd.	2.69%
CarTrade Tech Ltd.	2.32%
Karur Vysya Bank Ltd.	2.16%
ZF Commercial Vehicle Control Systems India Ltd.	2.02%
City Union Bank Ltd.	2.01%
Radico Khaitan Ltd.	1.96%
BSE Ltd.	1.79%
Kirloskar Oil Engines Ltd.	1.78%
Wockhardt Ltd.	1.69%

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

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

Sector	Percentage of Portfolio
Financial	17.34%
Capital Goods	15.680000000000001%
Healthcare	12.99%
Services	12.780000000000001%
Consumer Staples	6.91%
Metals & Mining	5.789999999999999%
Automobile	5.52%
Chemicals	5.3%
Consumer Discretionary	4.13%
Materials	3.33%

What is risk level of ITI 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 can I redeem my investments in ITI Small Cap Fund?

Redeeming your investments in the ITI Small Cap 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 ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50%, if redeemed within 3 months.