Two of the largest Small Cap funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| Nippon India Small Cap Fund Nippon India | HDFC Small Cap Fund HDFC | |
|---|---|---|
| Returns | ||
| 1 year | +0.8% | -9.8% |
| 3 years, a year | +12.2% | +8.0% |
| 5 years, a year | +16.1% | +11.9% |
| Since launch, a year | +19.4% | +15.9% |
| 3-year rank in category | 13 of 26 | 25 of 26 |
| Benchmark, 3 years | +12.3% | +11.2% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 16.1% | 15.4% |
| Biggest fall, 3 years | -24.5% | -22.8% |
| Sharpe ratio, 3 years | 0.38 | 0.13 |
| Beta | 0.84 | — |
| Alpha, a year | +0.9% | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.41% | 1.57% |
| Money in the fund | ₹77,995 cr | ₹39,461 cr |
| Running for | 16.1 years | 18.6 years |
| Minimum SIP | ₹100 | ₹100 |
| Benchmark | NIFTY Smallcap 250 TRI | BSE 250 Smallcap TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | Nippon India | HDFC |
|---|---|---|
| Apar Industries Limited | 1.7% | 1.9% |
| Voltamp Transformers Limited | 0.8% | 1.0% |
| eClerx Services Limited | 0.8% | 2.9% |
| Aster DM Quality Care Limited | 0.8% | 3.4% |
| Kalpataru Projects International Limited | 0.6% | 1.6% |
| Krishna Institute Of Medical Sciences Limited | 0.6% | 2.0% |
| Vardhman Textiles Limited | 0.6% | 1.2% |
| Timken India Limited | 0.5% | 1.3% |
| PVR INOX Limited | 0.5% | 1.8% |
| Bajaj Consumer Care Limited | 0.5% | 0.6% |
Both are Small Cap funds, from Nippon India and HDFC. Nippon India Small Cap Fund manages ₹77,995 cr and HDFC Small Cap Fund ₹39,461 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
Nippon India Small Cap Fund, at 1.41% a year, against 1.57% for HDFC Small Cap Fund.
Over three years, Nippon India Small Cap Fund returned +12.2% a year and HDFC Small Cap Fund +8.0% a year. Over one year they returned +0.8% and -9.8%. Past returns do not indicate future returns.
They hold 11.1% of the same investments, 56.0% of the same industries and 66.1% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.