Should I invest in ICICI Prudential Smallcap Fund?

We don't give personal investment advice. ICICI Prudential Smallcap Fund - Direct Plan - Growth 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: 22.2%. 5-year CAGR: 14.64%.

ICICI Prudential

ICICI Prudential Smallcap Fund - Direct Plan - Growth

Latest NAV

₹100.5000

As of

17 Jul 2026

3,302 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	-0.47%	-0.55%	+0.09	9 / 36	Q1
1W	-0.42%	-0.78%	+0.36	7 / 36	Q1
2W	-1.11%	+0.21%	-1.33	36 / 36	Q4
1M	+0.72%	+2.84%	-2.12	36 / 36	Q4
3M	+5.03%	+10.77%	-5.74	36 / 36	Q4
6M	+6.37%	+14.16%	-7.79	33 / 34	Q4
YTD	+3.57%	+10.96%	-7.40	32 / 33	Q4
1Y	-0.46%	+6.25%	-6.71	30 / 32	Q4
2Y	+0.35%	+4.89%	-4.54	26 / 29	Q4
3Y	+13.08%	+18.29%	-5.21	24 / 25	Q4
4Y	+16.21%	+21.13%	-4.92	22 / 22	Q4
5Y	+14.64%	+17.21%	-2.56	19 / 22	Q4
7Y	+21.60%	+24.32%	-2.73	14 / 18	Q4
10Y	+16.88%	+18.28%	-1.40	10 / 13	Q4
Inception	+16.72%	+19.38%	-2.67	27 / 36	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	+3.57%	+10.96%	-7.40	32 / 33
2025	+0.31%	-4.11%	+4.42	4 / 30
2024	+16.31%	+27.89%	-11.58	28 / 28
2023	+39.48%	+43.05%	-3.57	17 / 24
2022	+7.17%	+2.92%	+4.25	7 / 22
2021	+61.71%	+63.14%	-1.43	12 / 21
2020	+24.04%	+32.77%	-8.73	15 / 18
2019	+11.03%	+0.57%	+10.46	2 / 16
2018	-21.33%	-16.20%	-5.13	10 / 13
2017	+42.68%	+49.31%	-6.63	10 / 13
2016	+6.58%	+6.15%	+0.43	6 / 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

+21.13%

153 windows

min -28.4% · max 117.1%

79% positive

3-Year rolling

+18.55%

129 windows

min -11.1% · max 47.1%

94% positive

5-Year rolling

+18.08%

105 windows

min -3.2% · max 38.5%

97% positive

7-Year rolling

+17.02%

80 windows

min 6.0% · max 23.2%

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

16.11%

3-year · annualised

Sharpe ratio

0.43

vs risk-free 6.5%

Sortino ratio

0.69

Downside-only deviation

Max drawdown

-22.16%

Oct 2024 → Feb 2025

% positive months

63.9%

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
HDFC Small Cap Fund - Growth Option - Direct Plan	HDFC	₹160.5300	17 Jul 2026
Nippon India Small Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹203.5938	17 Jul 2026
SBI Small Cap Fund - Direct Plan - Growth	SBI	₹208.9152	17 Jul 2026
Invesco India Smallcap Fund - Direct Plan - Growth	Invesco	₹52.7200	17 Jul 2026
BANDHAN SMALL CAP FUND - DIRECT PLAN GROWTH	Bandhan	₹55.5270	17 Jul 2026
quant Small Cap Fund - Growth Option - Direct Plan	Quant	₹313.4689	17 Jul 2026
QUANTUM SMALL CAP FUND - DIRECT PLAN GROWTH OPTION	Quantum	₹13.9100	17 Jul 2026
Aditya Birla Sun Life Small Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹109.4685	17 Jul 2026
Motilal Oswal Small Cap Fund - Direct - Growth	Motilal Oswal	₹16.8394	17 Jul 2026
Franklin India Small Cap Fund - Direct - Growth	Franklin India	₹203.8232	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹100.5000
16 Jul 2026	₹100.9700
15 Jul 2026	₹100.5800
14 Jul 2026	₹100.1600
13 Jul 2026	₹101.2600
10 Jul 2026	₹100.9200
9 Jul 2026	₹100.0000
8 Jul 2026	₹99.0500
7 Jul 2026	₹100.7700
6 Jul 2026	₹101.6600

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 17 Jul 2026, the NAV of ICICI Prudential Smallcap Fund - Direct Plan - Growth is ₹100.5000. It's a Small Cap Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Smallcap Fund - Direct Plan - Growth has NAV history starting from 03 Jan 2013, a track record of about 13 years 6 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.

ICICI Prudential Smallcap Fund - Direct Plan - Growth is managed by ICICI Prudential. 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, ICICI Prudential Smallcap Fund - Direct Plan - Growth has delivered a absolute return of -0.46% — -6.71 pp behind the Small Cap Fund category average of 6.25%. The fund ranks #30 of 32 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Smallcap Fund - Direct Plan - Growth has delivered a CAGR of 13.08% — -5.21 pp behind the Small Cap Fund category average of 18.29%. The fund ranks #24 of 25 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Smallcap Fund - Direct Plan - Growth has delivered a CAGR of 14.64% — -2.56 pp behind the Small Cap Fund category average of 17.21%. The fund ranks #19 of 22 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Smallcap Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹475,853 today — a multiplier of 4.76×, based on the 10-year CAGR of 16.88%. The category average over the same window would have grown ₹1 lakh to ₹536,108.

A ₹10,000 monthly SIP in ICICI Prudential Smallcap Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹833,062 today. That's an XIRR (money-weighted annualised return) of 13.08%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Smallcap Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹3,134,284 (multiplier 2.61×). XIRR: 18.25%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Smallcap Fund - Direct Plan - Growth ranks #19 out of 22 funds in the Small Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 17.21%; this fund delivered 14.64%.

The worst peak-to-trough decline ICICI Prudential Smallcap Fund - Direct Plan - Growth has experienced over the last 5-year window is 22.16% — its NAV fell from a high on 01 Oct 2024 to a low on 28 Feb 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, ICICI Prudential Smallcap Fund - Direct Plan - Growth averaged 18.08% (best 38.46%, worst -3.20%). 97% of rolling windows ended positive. The 5-year Sharpe ratio is 0.53 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Smallcap Fund - Direct Plan - Growth returned 0.31% — beating the Small Cap Fund category average of -4.11% by 4.42 pp. It ranked #4 of 30 in its category that year.

ICICI Prudential Smallcap Fund - Direct Plan - Growth 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. ICICI Prudential Smallcap Fund - Direct Plan - Growth 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: 22.2%. 5-year CAGR: 14.64%.

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