Should I invest in HDFC Small Cap Fund?

We don't give personal investment advice. HDFC Small Cap Fund - Growth Option - Direct Plan is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.6%. 5-year CAGR: 17.53%.

HDFC

HDFC Small Cap Fund - Growth Option - Direct Plan

Latest NAV

₹151.9870

As of

3 Jun 2026

2,932 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.61%	+0.48%	+0.14	13 / 36	Q2
1W	-1.21%	-0.81%	-0.40	21 / 36	Q3
2W	+0.84%	+1.36%	-0.52	20 / 36	Q3
1M	-0.13%	+0.94%	-1.07	26 / 36	Q3
3M	+1.35%	+9.95%	-8.60	34 / 34	Q4
6M	-5.29%	+3.30%	-8.60	33 / 33	Q4
YTD	-4.04%	+4.13%	-8.17	33 / 33	Q4
1Y	-1.06%	+5.56%	-6.62	31 / 32	Q4
2Y	+3.95%	+6.66%	-2.71	19 / 29	Q3
3Y	+14.98%	+18.72%	-3.74	21 / 25	Q4
4Y	+19.52%	+19.54%	-0.01	13 / 22	Q3
5Y	+17.53%	+18.15%	-0.62	15 / 22	Q3
7Y	+18.26%	+21.75%	-3.49	17 / 18	Q4
10Y	+18.56%	+18.26%	+0.30	6 / 13	Q2
Inception	+17.92%	+17.38%	+0.54	18 / 36	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.04%	+4.13%	-8.17	33 / 33
2025	-0.54%	-4.11%	+3.57	6 / 30
2024	+21.12%	+27.89%	-6.77	25 / 28
2023	+45.26%	+43.05%	+2.21	10 / 24
2022	+5.64%	+2.92%	+2.72	8 / 22
2021	+65.73%	+63.14%	+2.59	9 / 21
2020	+20.43%	+32.77%	-12.34	17 / 18
2019	-8.73%	+0.57%	-9.30	14 / 16
2018	-7.00%	-16.20%	+9.20	2 / 13
2017	+62.21%	+49.31%	+12.90	4 / 13
2016	+6.06%	+6.15%	-0.09	7 / 13

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+21.55%

134 windows

min -42.1% · max 119.5%

77% positive

3-Year rolling

+20.41%

109 windows

min -8.5% · max 49.6%

95% positive

5-Year rolling

+19.39%

85 windows

min 0.7% · max 35.7%

100% positive

7-Year rolling

+19.20%

61 windows

min 15.0% · max 23.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.53%

3-year · annualised

Sharpe ratio

0.54

vs risk-free 6.5%

Sortino ratio

0.87

Downside-only deviation

Max drawdown

-22.61%

Dec 2024 → Mar 2025

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Small Cap Fund

Scheme	Fund house	NAV	As of
Nippon India Small Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹193.7635	3 Jun 2026
SBI Small Cap Fund - Direct Plan - Growth	SBI	₹194.0810	3 Jun 2026
ICICI Prudential Smallcap Fund - Direct Plan - Growth	ICICI Prudential	₹96.4400	3 Jun 2026
Invesco India Smallcap Fund - Direct Plan - Growth	Invesco	₹48.1600	3 Jun 2026
BANDHAN SMALL CAP FUND - DIRECT PLAN GROWTH	Bandhan	₹52.6160	3 Jun 2026
quant Small Cap Fund - Growth Option - Direct Plan	Quant	₹293.2340	3 Jun 2026
QUANTUM SMALL CAP FUND - DIRECT PLAN GROWTH OPTION	Quantum	₹13.3000	3 Jun 2026
Aditya Birla Sun Life Small Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹104.2448	3 Jun 2026
Motilal Oswal Small Cap Fund - Direct - Growth	Motilal Oswal	₹15.5856	3 Jun 2026
Franklin India Small Cap Fund - Direct - Growth	Franklin India	₹193.2269	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹151.9870
2 Jun 2026	₹152.0560
1 Jun 2026	₹151.1300
29 May 2026	₹151.9140
27 May 2026	₹153.6130
26 May 2026	₹153.9230
25 May 2026	₹153.8360
22 May 2026	₹152.6390
21 May 2026	₹152.3320
20 May 2026	₹151.2320

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of HDFC Small Cap Fund - Growth Option - Direct Plan is ₹151.9870. It's a Small Cap Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Small Cap Fund - Growth Option - Direct Plan has NAV history starting from 30 Jun 2014, a track record of about 11 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Small Cap Fund - Growth Option - Direct Plan is managed by HDFC. It's classified by AMFI under the 'Small Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Small Cap Fund - Growth Option - Direct Plan has delivered a absolute return of -1.06% — -6.62 pp behind the Small Cap Fund category average of 5.56%. The fund ranks #31 of 32 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Small Cap Fund - Growth Option - Direct Plan has delivered a CAGR of 14.98% — -3.74 pp behind the Small Cap Fund category average of 18.72%. The fund ranks #21 of 25 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Small Cap Fund - Growth Option - Direct Plan has delivered a CAGR of 17.53% — -0.62 pp behind the Small Cap Fund category average of 18.15%. The fund ranks #15 of 22 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC Small Cap Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹548,741 today — a multiplier of 5.49×, based on the 10-year CAGR of 18.56%. The category average over the same window would have grown ₹1 lakh to ₹535,049.

A ₹10,000 monthly SIP in HDFC Small Cap Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹839,207 today. That's an XIRR (money-weighted annualised return) of 13.38%.

A ₹10,000 monthly SIP for 10 years in HDFC Small Cap Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹3,106,742 (multiplier 2.59×). XIRR: 18.09%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Small Cap Fund - Growth Option - Direct Plan ranks #15 out of 22 funds in the Small Cap Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 18.15%; this fund delivered 17.53%.

The worst peak-to-trough decline HDFC Small Cap Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 22.61% — its NAV fell from a high on 11 Dec 2024 to a low on 03 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC Small Cap Fund - Growth Option - Direct Plan averaged 19.39% (best 35.71%, worst 0.73%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.68 — reasonable risk-adjusted performance.

In calendar year 2025, HDFC Small Cap Fund - Growth Option - Direct Plan returned -0.54% — beating the Small Cap Fund category average of -4.11% by 3.57 pp. It ranked #6 of 30 in its category that year.

HDFC Small Cap Fund - Growth Option - Direct Plan is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. HDFC Small Cap Fund - Growth Option - Direct Plan is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.6%. 5-year CAGR: 17.53%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.