ReviewDirect · Growth
HDFC Small Cap Fund
HDFC Mutual FundEquity Scheme - Small Cap Fund12.2 years
The scheme seeks to provide long-term capital appreciation /income by investing predominantly in Small-Cap companies.
- NAV
- 157.601
- 15 Sept 2026
- 1Y
- -2.1%
- Trailing CAGR
- AUM
- ₹41,679 Cr
- 31 Aug 2026
- Volatility
- High
- 16.4% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.1%
- 3Y+10.2%
- 5Y+15.3%
- 10Y+17.4%
- SI+18.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.9%
- 3Y+5.9%
- 5Y+13.5%
- 10Y+18.1%
- Since inception
- +18.0%
- Calendar-day CAGR
- Excess 1Y
- -19.1%
- Category median, same plan and option
- 3Y win rate
- +59%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- -8.8%
- 2269 daily-ending windows
- Median rolling 3Y
- +21.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1777 daily-ending windows
- SIP 3Y XIRR
- +5.9%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 123 recovered episodes
- Longest recovery
- 286 days
- Trough to prior peak
- Current spell
- 357 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
30 Apr 2018 – 4 Jan 2021
Trough 24 Mar 2020 · recovered in 286 days
-48.3%
11 Dec 2024 – 19 Sept 2025
Trough 3 Mar 2025 · recovered in 200 days
-22.6%
17 Jan 2022 – 15 Sept 2022
Trough 20 Jun 2022 · recovered in 87 days
-22.5%
19 Aug 2015 – 29 Jun 2016
Trough 26 Feb 2016 · recovered in 124 days
-18.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
0
Consistency
55
Risk-adjusted
65
Drawdown
0
Mean
24
Portfolio
31 Aug 2026 · 87 holdings · top 10 are 34.5%.
- Top 5
- 23.9%
- Top 10
- 34.5%
- Largest holding
- 10.3%
- Effective holdings
- 40.4
Repo
Unspecified
10.3%
Firstsource Solutions Ltd
Industrials
3.7%
Aster DM Healthcare Ltd
Healthcare
3.6%
Gabriel India Ltd
Consumer Discretionary
3.3%
eClerx Services Ltd
Technology
3.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 59% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Bajaj Finserv Small Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +14.5%
- 3Y
- n/a
- Vol
- 16.1%
- Max DD
- -16.2%
- Sharpe
- 0.40
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
BANDHAN Small Cap Fund
Bandhan Mutual Fund
- 1Y
- +12.1%
- 3Y
- +24.4%
- Vol
- 17.2%
- Max DD
- -24.3%
- Sharpe
- 1.36
- 3Y win
- +75%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
BANK OF INDIA SMALL CAP FUND
Bank of India Mutual Fund
- 1Y
- +27.7%
- 3Y
- +21.4%
- Vol
- 18.0%
- Max DD
- -32.4%
- Sharpe
- 1.19
- 3Y win
- +84%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Edelweiss Small Cap Fund
Edelweiss Mutual Fund
- 1Y
- +6.6%
- 3Y
- +14.5%
- Vol
- 17.4%
- Max DD
- -37.1%
- Sharpe
- 1.07
- 3Y win
- +83%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
LIC MF Small Cap Fund
LIC Mutual Fund
- 1Y
- +13.4%
- 3Y
- +18.0%
- Vol
- 19.0%
- Max DD
- -27.0%
- Sharpe
- 0.75
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility