Should I invest in IDFC Small & Midcap Equity (SME) Fund?

We don't give personal investment advice. IDFC Small & Midcap Equity (SME) Fund - Dividend 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: 27.9%. 5-year CAGR: 5.52%.

IDFC

IDFC Small & Midcap Equity (SME) Fund - Dividend

Latest NAV

₹35.4500

As of

9 Jun 2026

4,199 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	+0.00%	+0.00%	+0.00	15 / 16	Q4
1W	-1.27%	-1.09%	-0.18	11 / 16	Q3
2W	-2.84%	-3.08%	+0.25	7 / 16	Q2
1M	-4.14%	-4.14%	0.00	9 / 16	Q3
3M	-7.07%	-1.87%	-5.20	15 / 16	Q4
6M	-12.61%	-8.61%	-3.99	14 / 16	Q4
YTD	-13.75%	-9.52%	-4.23	15 / 16	Q4
1Y	-11.10%	-7.30%	-3.81	14 / 16	Q4
2Y	-7.21%	-1.50%	-5.71	15 / 16	Q4
3Y	+2.37%	+11.20%	-8.83	16 / 16	Q4
4Y	+5.48%	+12.63%	-7.15	15 / 16	Q4
5Y	+5.52%	+10.96%	-5.44	14 / 16	Q4
7Y	+8.38%	+11.82%	-3.43	13 / 16	Q4
10Y	+8.46%	+10.88%	-2.42	13 / 16	Q4
Inception	+7.60%	+9.51%	-1.91	11 / 16	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	-13.75%	-9.52%	-4.23	15 / 16
2025	-2.56%	+3.06%	-5.61	14 / 16
2024	+9.42%	+17.61%	-8.19	14 / 16
2023	+24.81%	+29.56%	-4.75	13 / 16
2022	-1.99%	+5.08%	-7.07	15 / 16
2021	+54.51%	+32.61%	+21.90	2 / 16
2020	+6.31%	+11.98%	-5.66	14 / 16
2019	-6.34%	-0.12%	-6.22	13 / 16
2018	-18.14%	-9.17%	-8.97	15 / 16
2017	+48.89%	+32.01%	+16.88	2 / 16
2016	-9.11%	+3.68%	-12.79	16 / 16

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

+13.25%

208 windows

min -42.7% · max 126.7%

57% positive

3-Year rolling

+8.70%

183 windows

min -16.4% · max 39.9%

84% positive

5-Year rolling

+8.55%

159 windows

min -9.4% · max 26.8%

92% positive

7-Year rolling

+7.53%

135 windows

min -1.7% · max 14.7%

99% 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

14.02%

3-year · annualised

Sharpe ratio

-0.24

vs risk-free 6.5%

Sortino ratio

-0.34

Downside-only deviation

Max drawdown

-27.87%

Sep 2024 → Mar 2026

% positive months

55.6%

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 Value Fund

Scheme	Fund house	NAV	As of
HDFC Capital Builder Fund - Dividend Option	HDFC	₹34.3090	9 Jun 2026
ICICI Prudential Discovery Fund-DIVIDEND OPTION	ICICI Prudential	₹33.9400	9 Jun 2026
Quantum Long-Term Equity Fund-Dividend Plan	Quantum	₹121.7500	9 Jun 2026
Templeton India Growth Fund-Dividend Plan	Franklin Templeton	₹89.6654	9 Jun 2026
UTI Opportunities Fund-Dividend Option	UTI	₹46.3971	9 Jun 2026
IDFC Small & Midcap Equity (SME) Fund - Growth	IDFC	₹141.8270	9 Jun 2026
JM Basic Fund - Dividend Plan	JM Financial	₹63.0361	9 Jun 2026
Tata Equity P/E Fund (Dividend)	Tata	₹111.8072	9 Jun 2026

Recent NAVs

Date	NAV
9 Jun 2026	₹35.4500
8 Jun 2026	₹35.1930
5 Jun 2026	₹35.6700
4 Jun 2026	₹35.8250
3 Jun 2026	₹35.7790
2 Jun 2026	₹35.9120
1 Jun 2026	₹35.6450
31 May 2026	₹35.8140
29 May 2026	₹35.8160
27 May 2026	₹36.2410

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 09 Jun 2026, the NAV of IDFC Small & Midcap Equity (SME) Fund - Dividend is ₹35.4500. It's a Value Fund from IDFC, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

IDFC Small & Midcap Equity (SME) Fund - Dividend has NAV history starting from 04 Jun 2008, a track record of about 18 years. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

IDFC Small & Midcap Equity (SME) Fund - Dividend is managed by IDFC. It's classified by AMFI under the 'Value Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, IDFC Small & Midcap Equity (SME) Fund - Dividend has delivered a absolute return of -11.10% — -3.81 pp behind the Value Fund category average of -7.30%. The fund ranks #14 of 16 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, IDFC Small & Midcap Equity (SME) Fund - Dividend has delivered a CAGR of 2.37% — -8.83 pp behind the Value Fund category average of 11.20%. The fund ranks #16 of 16 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, IDFC Small & Midcap Equity (SME) Fund - Dividend has delivered a CAGR of 5.52% — -5.44 pp behind the Value Fund category average of 10.96%. The fund ranks #14 of 16 in its category — the bottom (Q4) quartile.

₹1 lakh invested in IDFC Small & Midcap Equity (SME) Fund - Dividend exactly 10 years ago would be worth approximately ₹225,285 today — a multiplier of 2.25×, based on the 10-year CAGR of 8.46%. The category average over the same window would have grown ₹1 lakh to ₹280,789.

A ₹10,000 monthly SIP in IDFC Small & Midcap Equity (SME) Fund - Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹610,986 today. That's an XIRR (money-weighted annualised return) of 0.71%.

A ₹10,000 monthly SIP for 10 years in IDFC Small & Midcap Equity (SME) Fund - Dividend = ₹1,200,000 invested. It would currently be worth ₹1,742,691 (multiplier 1.45×). XIRR: 7.24%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, IDFC Small & Midcap Equity (SME) Fund - Dividend ranks #14 out of 16 funds in the Value Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.96%; this fund delivered 5.52%.

The worst peak-to-trough decline IDFC Small & Midcap Equity (SME) Fund - Dividend has experienced over the last 5-year window is 27.87% — its NAV fell from a high on 26 Sep 2024 to a low on 31 Mar 2026. 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, IDFC Small & Midcap Equity (SME) Fund - Dividend averaged 8.55% (best 26.77%, worst -9.42%). 92% of rolling windows ended positive. The 5-year Sharpe ratio is -0.01 — negative risk-adjusted performance.

In calendar year 2025, IDFC Small & Midcap Equity (SME) Fund - Dividend returned -2.56% — lagging the Value Fund category average of 3.06% by 5.61 pp. It ranked #14 of 16 in its category that year.

IDFC Small & Midcap Equity (SME) Fund - Dividend 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. IDFC Small & Midcap Equity (SME) Fund - Dividend 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: 27.9%. 5-year CAGR: 5.52%.

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