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 ₹29175 Cr worth of assets under management (AUM) as on May 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 21.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.21%, 28.34% and 26.67% 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 Bank of Baroda, Firstsource Solutions Ltd, eClerx Services Ltd, Aster DM Healthcare Ltd Ordinary Shares, Sonata Software 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
75803 people have invested ₹ 22.4Cr in HDFC Small Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
14
/17
41% Performance
29% Risk Management
73% Cost
14 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₹29175 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 (31-May-24)

  • Equity 91.4%

  • Debt & Cash 8.6%

Small cap
77.6%

Mid cap
8.8%

Large cap
4.8%

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 Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Top Growth Drivers
1M Return
SKF India Ltd
SKF India Ltd
15.6%
PNC Infratech Ltd
PNC Infratech Ltd
3.9%

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

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.99% return, outperforming this fund by 29.78%.
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This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.16%.
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In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 35.82% return, outperforming this fund by 7.48% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 43.91% return, outperforming this fund by 17.24% per annum.
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Over the last 1 month, this fund has increased expense ratio by 15.5% moving from 0.58 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 21.54% since inception which is more than its category average return of 21.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 91.41% in Equity, 0% in Debt and 8.59% in Cash related instruments
AUM size ₹29175 Cr

AUM size ₹29175 Cr

This fund has AUM of ₹29175 Cr which is more than its category average of ₹ 6871 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 1.2%

Frequently Asked Questions

The current NAV of HDFC Small Cap Fund Direct Growth is ₹148.99 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
HDFC Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.4%
8.4%
6 Month Returns
16.19%
16.19%
1 Year Returns
44.21%
44.21%
3 Years Returns
111.39%
28.34%
5 Years Returns
226.09%
26.67%
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 May 2024
₹29175 Cr as on May 2024
Bank of Baroda(3.89%), Firstsource Solutions Ltd(3.77%), eClerx Services Ltd(2.74%), Aster DM Healthcare Ltd Ordinary Shares(2.68%), Sonata Software Ltd(2.52%) as on May 2024
Industrial(29.1%), Consumer Cyclical(18.45%), Financial Services(11.87%) as on May 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
-4.5
3.43
-1.63
As on May 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
0.81
0.84
0.95
As on May 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
1.99
1.35
0.82
As on May 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
13.97
15.18
23.75
As on May 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 2.64 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.12 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%