HDFC Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
HDFC Small Cap Fund Direct Growth

About the Fund

HDFC Small Cap Fund is a mutual fund scheme that invests in small-cap companies, which are typically companies with a market capitalization of less than Rs. 5000 crore.

The fund aims to provide long-term capital growth by investing primarily in small-cap stocks. The fund's investment strategy is to identify companies with high growth potential that are expected to benefit from emerging trends and changing consumer preferences.

Some of the fund constituents of HDFC Small Cap Fund include companies from a variety of sectors, such as healthcare, technology, finance, and consumer goods. These companies include names such as Dixon Technologies, CDSL, Laurus Labs, and SRF Limited, among others.

Key Parameters

  1. HDFC Small Cap Fund Direct Growth has ₹31523 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

HDFC Small Cap Fund Direct Growth has given a CAGR return of 21.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.39%, 28.16% and 28.42% respectively.

Holdings

HDFC Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Tech, Health, Basic Materials, Communication, Consumer Defensive, Utilities. Its top holdings are Firstsource Solutions Ltd, Bank of Baroda, eClerx Services Ltd, Sonata Software Ltd, Great Eastern Shipping Co Ltd

Taxation

As it is a small-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HDFC Small Cap Fund Direct Growth

To provide long-term capital appreciation /income by investing predominantly in Small-Cap companies. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Small Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
79022 people have invested ₹ 23.9Cr in HDFC Small Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
15
/17
43% Performance
28% Risk Management
72% Cost
15 out of 17 among small-cap
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y
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Does not beat the benchmark consistently
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Poor track record of Recovering losses quickly
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5Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.67%
Benchmark
S&P BSE Smallcap TR INR
AUM₹31523 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
9.22%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 92.7%

  • Debt & Cash 7.3%

Small cap
79.2%

Mid cap
8.5%

Large cap
4.6%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
29.3%
Consumer Cyclical
19.9%
Financial Services
13.7%
Tech
13.3%
Health
11.2%
Basic Materials
5.7%
Consumer Defensive
3.4%
Communication
2.9%
Utilities
0.6%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Chirag Setalvad
Chirag Setalvad
Fund Manager of HDFC Small Cap Fund Direct Growth, since 28 June 2014

Mutual Fund Insights

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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 77.16% return, outperforming this fund by 33.78%.
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This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.15%.
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In the last 3 years, Nippon India Small Cap Fund - Direct Plan - Growth Plan has given 34.61% return, outperforming this fund by 6.45% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 45.87% return, outperforming this fund by 17.46% per annum.
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Over the last 6 months, this fund has experienced a 17.5% growth in AUM moving from 26.83K Cr to 31.52K Cr.
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Over the last 15 months, this fund has decreased expense ratio by 16.3% moving from 0.80 to 0.67.

HDFC Small Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 21.8% since inception which is more than its category average return of 21.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.66% in Equity, 0% in Debt and 7.34% in Cash related instruments
AUM size ₹31523 Cr

AUM size ₹31523 Cr

This fund has AUM of ₹31523 Cr which is more than its category average of ₹ 7501 Cr
Expense Ratio 0.67%

Expense Ratio 0.67%

This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions

The current NAV of HDFC Small Cap Fund Direct Growth is ₹154.46 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
HDFC Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.51%
6.51%
6 Month Returns
17.06%
17.06%
1 Year Returns
43.39%
43.39%
3 Years Returns
110.49%
28.16%
5 Years Returns
249.23%
28.42%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.67% as on June 2024
₹31523 Cr as on June 2024
Firstsource Solutions Ltd(4.01%), Bank of Baroda(3.74%), eClerx Services Ltd(2.81%), Sonata Software Ltd(2.68%), Great Eastern Shipping Co Ltd(2.38%) as on June 2024
Industrial(28.43%), Consumer Cyclical(19.37%), Financial Services(11.53%) as on June 2024
The alpha ratio for the HDFC Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Small Cap Fund Direct Growth
-4.56
2.7
-1.96
As on June 2024
The alpha for HDFC Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Small Cap Fund Direct Growth
0.8
0.82
0.95
As on June 2024
The Beta for HDFC Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Small Cap Fund Direct Growth
2.06
1.33
0.92
As on June 2024
The sharpe ratio for HDFC Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Small Cap Fund Direct Growth
14.6
15.05
23.73
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.58 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chirag Setalvad is the fund manager of HDFC Small Cap Fund Direct Growth
The Exit load of HDFC Small Cap Fund Direct Growth is 1%