HDFC Nifty Smallcap 250 Index Fund Direct Growth

HDFC Nifty Smallcap 250 Index Fund Direct Growth is an equity fund. This fund was started on 21 April, 2023. The fund is managed by Arun Agarwal, Nandita Menezes. The fund could potentially beat inflation in the long-run.

1. HDFC Nifty Smallcap 250 Index Fund Direct Growth has ₹528 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

HDFC Nifty Smallcap 250 Index Fund Direct Growth has given a CAGR return of 30.74% since inception. Over the last 1 year the fund has given a CAGR return of -5.65%.

HDFC Nifty Smallcap 250 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Health, Basic Materials, Consumer Cyclical, Tech, Consumer Defensive, Communication, Utilities, Real Estate, Energy. Its top holdings are Multi Commodity Exchange of India Ltd, Laurus Labs Ltd, Central Depository Services (India) Ltd, Delhivery Ltd, Radico Khaitan Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Smallcap 250 Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Nifty Smallcap 250 Index Fund Direct Growth has no lock in period.