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: 13.23%.

IDFC

IDFC Small & Midcap Equity (SME) Fund - Growth

Latest NAV

₹147.0050

As of

17 Jul 2026

4,226 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	+0.60%	+0.45%	+0.15	5 / 16	Q2
1W	-0.21%	-0.03%	-0.19	9 / 16	Q3
2W	-0.49%	+0.09%	-0.59	13 / 16	Q4
1M	+0.30%	+1.08%	-0.77	15 / 16	Q4
3M	+1.63%	+1.25%	+0.38	7 / 16	Q2
6M	-1.33%	-3.28%	+1.95	5 / 16	Q2
YTD	-3.88%	-4.78%	+0.89	5 / 16	Q2
1Y	-1.38%	-3.39%	+2.01	4 / 16	Q1
2Y	-1.20%	-2.52%	+1.33	8 / 16	Q2
3Y	+11.12%	+10.82%	+0.30	11 / 16	Q3
4Y	+14.81%	+13.84%	+0.97	9 / 16	Q3
5Y	+13.23%	+11.40%	+1.82	7 / 16	Q2
7Y	+17.62%	+13.47%	+4.15	2 / 16	Q1
10Y	+14.94%	+10.85%	+4.08	1 / 16	Q1
Inception	+16.37%	+9.73%	+6.64	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	-3.88%	-4.78%	+0.89	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

+22.51%

209 windows

min -37.6% · max 132.5%

77% positive

3-Year rolling

+17.66%

185 windows

min -12.5% · max 47.3%

93% positive

5-Year rolling

+17.15%

160 windows

min -2.7% · max 36.8%

98% positive

7-Year rolling

+15.97%

136 windows

min 6.1% · max 25.4%

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

12.05%

3-year · annualised

Sharpe ratio

0.40

vs risk-free 6.5%

Sortino ratio

0.64

Downside-only deviation

Max drawdown

-18.33%

Sep 2024 → Apr 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 Value Fund

Scheme	Fund house	NAV	As of
HDFC Capital Builder Fund - Dividend Option	HDFC	₹36.4230	17 Jul 2026
ICICI Prudential Discovery Fund-DIVIDEND OPTION	ICICI Prudential	₹35.3000	17 Jul 2026
Quantum Long-Term Equity Fund-Dividend Plan	Quantum	₹127.1400	17 Jul 2026
Templeton India Growth Fund-Dividend Plan	Franklin Templeton	₹92.7935	17 Jul 2026
UTI Opportunities Fund-Dividend Option	UTI	₹48.8502	17 Jul 2026
IDFC Small & Midcap Equity (SME) Fund - Dividend	IDFC	₹36.7440	17 Jul 2026
JM Basic Fund - Dividend Plan	JM Financial	₹65.4914	17 Jul 2026
Tata Equity P/E Fund (Dividend)	Tata	₹116.9476	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹147.0050
16 Jul 2026	₹146.1250
15 Jul 2026	₹146.5440
14 Jul 2026	₹146.3380
13 Jul 2026	₹147.2970
10 Jul 2026	₹147.3190
9 Jul 2026	₹146.0150
8 Jul 2026	₹145.4360
7 Jul 2026	₹148.2030
6 Jul 2026	₹148.3500

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 IDFC Small & Midcap Equity (SME) Fund - Growth is ₹147.0050. 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 1 months. 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 -1.38% — +2.01 pp ahead of the Value Fund category average of -3.39%. The fund ranks #4 of 16 in its category — the top (Q1) quartile.

Over the trailing 3-year window, IDFC Small & Midcap Equity (SME) Fund - Growth has delivered a CAGR of 11.12% — +0.3 pp ahead of the Value Fund category average of 10.82%. 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 13.23% — +1.82 pp ahead of the Value Fund category average of 11.40%. The fund ranks #7 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 ₹402,359 today — a multiplier of 4.02×, based on the 10-year CAGR of 14.94%. The category average over the same window would have grown ₹1 lakh to ₹280,219.

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 ₹782,134 today. That's an XIRR (money-weighted annualised return) of 10.54%.

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 ₹2,642,933 (multiplier 2.20×). XIRR: 15.09%. 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 #7 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 11.40%; this fund delivered 13.23%.

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 17.15% (best 36.79%, worst -2.68%). 98% of rolling windows ended positive. The 5-year Sharpe ratio is 0.49 — weak 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: 13.23%.

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