Nippon India Small Cap Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 25, 2026
209.80-0.07%
- Growth - Direct
(Earn upto 0.72% Extra Returns with Direct Plan)
Fund Category:
Equity: Small Cap
Expense Ratio:
0.69%(0.80% Category
average)Fund Size:
Rs. 78,956.77 Cr(17.40% of Investment in Category)
Nippon India Small Cap Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 25, 2026
209.80-0.07%
Expense Ratio:
0.69%
Fund Size:
Rs. 78,956.77 Cr
Fund Category:
Equity: Small Cap
1. Current NAV: The Current Net Asset Value of the Nippon India Small Cap Fund - Direct Plan as of Aug 25, 2026 is Rs 209.80 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 10.71% (1yr), 17.74% (3yr), 21.06% (5yr) and 24.14% (since launch). Whereas, Category returns for the same time duration are: 11.19% (1yr), 17.33% (3yr) and 17.15% (5yr).
3. Fund Size: The Nippon India Small Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 78956.77 crore as on Jul 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.69% for Direct plan as on Aug 21, 2026.
5. Exit Load: Nippon India Small Cap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Nippon India Small Cap Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 4.66 6.79 14.39 10.78 17.17 20.90 Category Avg 5.04 9.41 16.26 11.00 16.77 17.00 Rank within Category 31 47 41 25 18 5 No. of funds within Category 57 56 53 46 35 26 - Loading...
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Return Comparison
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Nippon India Small Cap Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies.
| Fund House | Nippon India Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | NIFTY Smallcap 250 Total Return Index |
| Return Since Launch | 24.09% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Above Average |
Nippon India Small Cap Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 100.00 |
| Exit Load Exit load of 1% if redeemed within 1 year. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| JUL 2026 | JUN 2026 | MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 251 | 249 | 249 | 251 | 247 | 246 |
| Top 5 Company Holdings | 7.96% | 8.4% | 8.53% | 8.35% | 8.12% | 9.31% |
| Top 10 Company Holdings | 13.79% | 14.36% | 14.53% | 14.29% | 14.24% | 15.18% |
| Company with Highest Exposure | HDFC Bank (1.89%) | HDFC Bank (2.03%) | Bharat Heavy Electricals (1.93%) | HDFC Bank (1.89%) | MCX (2.07%) | MCX (2.89%) |
| Number of Sectors | 17 | 17 | 17 | 17 | 17 | 17 |
| Top 3 Sector Holdings | 43.27% | 42.92% | 41.85% | 42.32% | 40.41% | 39.91% |
| Top 5 Sector Holdings | 62.22% | 60.91% | 60.38% | 60.92% | 59.48% | 59.81% |
| Sector with Highest Exposure | Capital Goods (18.25%) | Capital Goods (19.16%) | Capital Goods (19.58%) | Capital Goods (18.93%) | Capital Goods (17.02%) | Capital Goods (16.46%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 1.89 - - -0.14 Bharat Heavy Electricals Capital Goods 1.78 - - -0.04 Apar Industries Consumer Staples 1.53 - - -0.18 TD Power Systems Capital Goods 1.38 - - -0.15 Karur Vysya Bank Financial 1.38 - - 0.18 State Bank of India Financial 1.3 - - -0.01 Zydus Wellness Consumer Staples 1.25 - - -0.02 ACME Solar Holdings Energy 1.12 - - -0.07 Sai Life Sciences Healthcare 1.09 - - 0.06 Kirloskar Brothers Capital Goods 1.07 - - -0.12
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India Small Cap Fund Direct-Growth 209.80 78,956.77 5.12 12.98 17.33 20.92 Invesco India Smallcap Fund Direct - Growth 54.55 14,474.79 5.88 18.47 24.91 21.67 Bandhan Small Cap Fund Direct-Growth 57.30 31,103.03 4.51 15.29 26.69 21.06 Axis Nifty Smallcap 50 Index Fund Direct-Growth 21.19 730.23 7.03 19.01 22.33 - Union Small Cap Fund Direct-Growth 67.26 2,401.95 7.54 26.41 19.20 19.23
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
19.22VS20.28Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.87VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.60VS0.62Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
13.34VS13.82Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
2.32VS2.89Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
17.37VS18.33Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Nippon India Mutual Fund News
- Y Combinator sells Meesho shares worth Rs 970 crore in block deals; Morgan Stanley, Goldman Sachs, Citigroup among buyers
- Nippon India Mutual Fund surpasses 4 crore investor folios, marks historic milestone
- MF Tracker: Nippon India Small Cap Fund tops all equity funds over 10 years. Is it too late to invest?
- MF Tracker: Nippon India Value Fund turns Rs 10,000 SIP to Rs 1.56 crore in 21 years
Fund Manager
- S.R.Samir RachhSince Jan 20170 schemes
- A.S.Amber SinghaniaSince Mar 202642 schemes
Mr. Racch is a B.Com (H) from V.G.Vaze College, Mumbai. Prior to joining Nippon India Mutual Fund he has worked in Hinduja Finance, Emkay Research and Anvicon Research.
No schemes for the Fund Manager
MMS Finance (Mumbai University) Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
More Nippon India Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund Direct-Growth | 78,956.77 | 2.13 | 9.09 | 13.11 | 12.86 | 17.58 | |
| Nippon India Multi Cap Fund Direct-Growth | 55,587.00 | 1.48 | 6.05 | 2.99 | 5.29 | 15.88 | |
| Nippon India Large Cap Fund Direct-Growth | 54,224.57 | 1.01 | 5.31 | -2.52 | 2.59 | 13.29 | |
| Nippon India Growth Mid Cap Fund Direct-Growth | 50,750.81 | 1.36 | 7.30 | 5.53 | 13.74 | 21.69 | |
| Nippon India Liquid Fund Direct-Growth | 41,345.63 | 0.54 | 1.72 | 3.40 | 6.48 | 7.00 | |
| Nippon India Money Market Fund Direct-Growth | 23,227.09 | 0.67 | 1.96 | 3.40 | 6.48 | 7.45 | |
| Nippon India Multi Asset Allocation Fund Direct - Growth | 16,926.22 | 3.01 | 5.39 | 2.97 | 19.12 | 20.41 | |
| Nippon India Arbitrage Fund Direct-Growth | 16,915.79 | 0.61 | 1.79 | 3.33 | 6.69 | 7.44 | |
| Nippon India ELSS Tax Saver Fund Direct-Growth | 14,909.88 | 0.80 | 5.50 | 0.86 | 5.42 | 14.60 | |
| Nippon India Ultra Short Duration Fund Direct-Growth | 11,658.55 | 0.64 | 1.95 | 3.63 | 6.97 | 7.60 |
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1. Nippon India Small Cap Fund - Direct Plan is Open-ended Small Cap Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies. "
2. It is benchmarked against NIFTY Smallcap 250 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.26% in equities, 0.01% in debts and 2.73% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 13.79% of the assets, the top 3 sectors constitute around 43.27% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Nippon India Small Cap Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Nippon India Small Cap Fund Direct-Growth
- Is it safe to invest in Nippon India Small Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India Small Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Nippon India Small Cap Fund - Direct Plan?Nippon India Small Cap Fund - Direct Plan belongs to the Equity : Small Cap category of funds.
- How Long should I Invest in Nippon India Small Cap Fund - Direct Plan?The suggested investment horizon of investing into Nippon India Small Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India Small Cap Fund - Direct Plan?The Nippon India Small Cap Fund - Direct Plan is managed by Samir Rachh (Since Jan 01, 2017) , Dhrumil Shah (Since Feb 01, 2018) and Amber Singhania (Since Mar 11, 2026).
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