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

We don't give personal investment advice. IDFC Small & Midcap Equity (SME) Fund - 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: 19.0%. 5-year CAGR: 14.24%.

IDFC

IDFC Small & Midcap Equity (SME) Fund - Growth

Latest NAV

₹143.1410

As of

3 Jun 2026

4,195 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	+0.75%	+0.06%	+0.69	1 / 16	Q1
1W	-0.80%	-1.66%	+0.86	1 / 16	Q1
2W	+0.34%	-0.20%	+0.54	4 / 16	Q1
1M	-0.93%	-1.79%	+0.86	2 / 16	Q1
3M	-1.98%	-3.49%	+1.51	5 / 16	Q2
6M	-5.52%	-8.14%	+2.62	3 / 16	Q1
YTD	-6.06%	-8.27%	+2.22	5 / 16	Q2
1Y	-1.21%	-4.01%	+2.80	5 / 16	Q2
2Y	+0.81%	-0.75%	+1.56	7 / 16	Q2
3Y	+12.62%	+11.82%	+0.80	11 / 16	Q3
4Y	+14.46%	+12.84%	+1.63	7 / 16	Q2
5Y	+14.24%	+11.31%	+2.93	6 / 16	Q2
7Y	+15.58%	+11.80%	+3.78	4 / 16	Q1
10Y	+15.35%	+11.07%	+4.28	3 / 16	Q1
Inception	+16.35%	+9.59%	+6.76	1 / 16	Q1

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	-6.06%	-8.27%	+2.22	5 / 16
2025	+4.77%	+3.06%	+1.71	6 / 16
2024	+17.82%	+17.61%	+0.21	10 / 16
2023	+32.05%	+29.56%	+2.49	5 / 16
2022	+3.15%	+5.08%	-1.93	13 / 16
2021	+62.85%	+32.61%	+30.24	1 / 16
2020	+14.78%	+11.98%	+2.80	4 / 16
2019	-6.30%	-0.12%	-6.18	12 / 16
2018	-12.88%	-9.17%	-3.71	12 / 16
2017	+59.98%	+32.01%	+27.97	1 / 16
2016	+0.39%	+3.68%	-3.29	11 / 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

+22.40%

208 windows

min -44.8% · max 123.2%

75% positive

3-Year rolling

+17.42%

183 windows

min -14.2% · max 45.6%

92% positive

5-Year rolling

+17.11%

159 windows

min -5.3% · max 34.2%

99% positive

7-Year rolling

+15.89%

135 windows

min 5.5% · max 26.8%

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

13.01%

3-year · annualised

Sharpe ratio

0.48

vs risk-free 6.5%

Sortino ratio

0.74

Downside-only deviation

Max drawdown

-18.33%

Sep 2024 → Apr 2025

% positive months

72.2%

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	₹34.2310	3 Jun 2026
ICICI Prudential Discovery Fund-DIVIDEND OPTION	ICICI Prudential	₹34.1000	3 Jun 2026
Quantum Long-Term Equity Fund-Dividend Plan	Quantum	₹122.7000	3 Jun 2026
Templeton India Growth Fund-Dividend Plan	Franklin Templeton	₹90.0766	3 Jun 2026
UTI Opportunities Fund-Dividend Option	UTI	₹46.3652	3 Jun 2026
IDFC Small & Midcap Equity (SME) Fund - Dividend	IDFC	₹35.7790	3 Jun 2026
JM Basic Fund - Dividend Plan	JM Financial	₹63.2470	3 Jun 2026
Tata Equity P/E Fund (Dividend)	Tata	₹112.2523	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹143.1410
2 Jun 2026	₹143.6750
1 Jun 2026	₹142.6060
31 May 2026	₹143.2820
29 May 2026	₹143.2920
27 May 2026	₹144.9900
26 May 2026	₹144.8380
25 May 2026	₹144.9070
22 May 2026	₹143.2650
21 May 2026	₹142.8770

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 IDFC Small & Midcap Equity (SME) Fund - Growth is ₹143.1410. 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 - Growth 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 - Growth 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 - Growth has delivered a absolute return of -1.21% — +2.8 pp ahead of the Value Fund category average of -4.01%. The fund ranks #5 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, IDFC Small & Midcap Equity (SME) Fund - Growth has delivered a CAGR of 12.62% — +0.8 pp ahead of the Value Fund category average of 11.82%. The fund ranks #11 of 16 in its category — the third (Q3) quartile.

Over the trailing 5-year window, IDFC Small & Midcap Equity (SME) Fund - Growth has delivered a CAGR of 14.24% — +2.93 pp ahead of the Value Fund category average of 11.31%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

₹1 lakh invested in IDFC Small & Midcap Equity (SME) Fund - Growth exactly 10 years ago would be worth approximately ₹417,017 today — a multiplier of 4.17×, based on the 10-year CAGR of 15.35%. The category average over the same window would have grown ₹1 lakh to ₹285,846.

A ₹10,000 monthly SIP in IDFC Small & Midcap Equity (SME) Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹779,409 today. That's an XIRR (money-weighted annualised return) of 10.39%.

A ₹10,000 monthly SIP for 10 years in IDFC Small & Midcap Equity (SME) Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹2,626,012 (multiplier 2.19×). XIRR: 14.96%. 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 - Growth ranks #6 out of 16 funds in the Value Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 11.31%; this fund delivered 14.24%.

The worst peak-to-trough decline IDFC Small & Midcap Equity (SME) Fund - Growth has experienced over the last 5-year window is 19.03% — its NAV fell from a high on 14 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, IDFC Small & Midcap Equity (SME) Fund - Growth averaged 17.11% (best 34.19%, worst -5.31%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.58 — reasonable risk-adjusted performance.

In calendar year 2025, IDFC Small & Midcap Equity (SME) Fund - Growth returned 4.77% — beating the Value Fund category average of 3.06% by 1.71 pp. It ranked #6 of 16 in its category that year.

IDFC Small & Midcap Equity (SME) Fund - 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. IDFC Small & Midcap Equity (SME) Fund - 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: 19.0%. 5-year CAGR: 14.24%.

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