Should I invest in HDFC Small Cap Fund?

We don't give personal investment advice. HDFC Small Cap Fund - IDCW 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: 28.6%. 5-year CAGR: 9.65%.

HDFC

HDFC Small Cap Fund - IDCW Option - Direct Plan

Latest NAV

₹61.5290

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%	+0.49%	+0.12	12 / 35	Q2
1W	-1.21%	-0.81%	-0.40	21 / 35	Q3
2W	+0.84%	+1.10%	-0.26	20 / 35	Q3
1M	-0.13%	+0.46%	-0.59	23 / 35	Q3
3M	-5.01%	+8.35%	-13.36	34 / 34	Q4
6M	-11.24%	+0.59%	-11.83	33 / 33	Q4
YTD	-10.06%	+1.48%	-11.55	33 / 33	Q4
1Y	-7.27%	+1.76%	-9.04	28 / 31	Q4
2Y	-2.80%	+2.62%	-5.42	26 / 28	Q4
3Y	+7.59%	+13.81%	-6.22	23 / 25	Q4
4Y	+11.84%	+14.81%	-2.97	16 / 22	Q3
5Y	+9.65%	+13.43%	-3.78	16 / 22	Q3
7Y	+11.36%	+17.12%	-5.77	14 / 18	Q4
10Y	+11.88%	+12.56%	-0.68	7 / 12	Q3
Inception	+10.42%	+14.19%	-3.78	26 / 35	Q3

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	-10.06%	+1.48%	-11.55	33 / 33
2025	-7.21%	-7.90%	+0.69	12 / 29
2024	+13.49%	+24.76%	-11.27	24 / 27
2023	+35.91%	+37.24%	-1.33	12 / 24
2022	-2.58%	-0.11%	-2.47	14 / 22
2021	+53.91%	+55.27%	-1.36	11 / 21
2020	+20.43%	+29.60%	-9.17	14 / 18
2019	-12.09%	-1.92%	-10.17	14 / 15
2018	-10.06%	-22.11%	+12.06	3 / 12
2017	+48.54%	+42.66%	+5.88	4 / 12
2016	-5.32%	+2.55%	-7.86	11 / 12

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

+13.84%

134 windows

min -42.1% · max 103.9%

62% positive

3-Year rolling

+13.29%

109 windows

min -10.6% · max 39.0%

90% positive

5-Year rolling

+12.83%

85 windows

min -4.6% · max 26.4%

96% positive

7-Year rolling

+12.66%

61 windows

min 8.2% · max 16.5%

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

17.83%

3-year · annualised

Sharpe ratio

0.14

vs risk-free 6.5%

Sortino ratio

0.20

Downside-only deviation

Max drawdown

-28.48%

Dec 2024 → Mar 2026

% 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 - IDCW Option	Nippon India	₹103.0482	3 Jun 2026
SBI Small Cap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹132.4685	3 Jun 2026
ICICI Prudential Smallcap Fund - Direct Plan - IDCW	ICICI Prudential	₹66.7400	3 Jun 2026
Invesco India Smallcap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹35.7800	3 Jun 2026
BANDHAN SMALL CAP FUND - DIRECT PLAN IDCW	Bandhan	₹36.6190	3 Jun 2026
quant Small Cap Fund - IDCW Option - Direct Plan	Quant	₹229.2186	3 Jun 2026
Aditya Birla Sun Life Small Cap Fund -Direct - IDCW	Aditya Birla Sun Life	₹73.1715	3 Jun 2026
Motilal Oswal Small Cap Fund - Direct IDCW	Motilal Oswal	₹15.5856	3 Jun 2026
Franklin India Small Cap Fund - Direct - IDCW	Franklin India	₹50.2188	3 Jun 2026
Mirae Asset Small Cap Fund - Direct Plan - IDCW	Mirae Asset	₹11.5940	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹61.5290
2 Jun 2026	₹61.5570
1 Jun 2026	₹61.1820
29 May 2026	₹61.5000
27 May 2026	₹62.1870
26 May 2026	₹62.3130
25 May 2026	₹62.2780
22 May 2026	₹61.7930
21 May 2026	₹61.6690
20 May 2026	₹61.2240

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 - IDCW Option - Direct Plan is ₹61.5290. It's a Small Cap Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Small Cap Fund - IDCW 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 - IDCW 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 - IDCW Option - Direct Plan has delivered a absolute return of -7.27% — -9.04 pp behind the Small Cap Fund category average of 1.76%. The fund ranks #28 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Small Cap Fund - IDCW Option - Direct Plan has delivered a CAGR of 7.59% — -6.22 pp behind the Small Cap Fund category average of 13.81%. The fund ranks #23 of 25 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Small Cap Fund - IDCW Option - Direct Plan has delivered a CAGR of 9.65% — -3.78 pp behind the Small Cap Fund category average of 13.43%. The fund ranks #16 of 22 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC Small Cap Fund - IDCW Option - Direct Plan exactly 10 years ago would be worth approximately ₹307,292 today — a multiplier of 3.07×, based on the 10-year CAGR of 11.88%. The category average over the same window would have grown ₹1 lakh to ₹326,378.

A ₹10,000 monthly SIP in HDFC Small Cap Fund - IDCW Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹678,490 today. That's an XIRR (money-weighted annualised return) of 4.86%.

A ₹10,000 monthly SIP for 10 years in HDFC Small Cap Fund - IDCW Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹2,094,924 (multiplier 1.75×). XIRR: 10.73%. 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 - IDCW Option - Direct Plan ranks #16 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 13.43%; this fund delivered 9.65%.

The worst peak-to-trough decline HDFC Small Cap Fund - IDCW Option - Direct Plan has experienced over the last 5-year window is 28.58% — its NAV fell from a high on 17 Jan 2022 to a low on 20 Jun 2022. 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 - IDCW Option - Direct Plan averaged 12.83% (best 26.38%, worst -4.61%). 96% of rolling windows ended positive. The 5-year Sharpe ratio is 0.25 — weak risk-adjusted performance.

In calendar year 2025, HDFC Small Cap Fund - IDCW Option - Direct Plan returned -7.21% — beating the Small Cap Fund category average of -7.90% by 0.69 pp. It ranked #12 of 29 in its category that year.

HDFC Small Cap Fund - IDCW 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 - IDCW 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: 28.6%. 5-year CAGR: 9.65%.

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