HDFC Small Cap Fund Direct Growth

HDFC Small Cap Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 05-12-2024

₹ 162.51

0.1%

1D

Inception Returns

21.5%

/yr

About HDFC Small Cap Fund Direct Growth

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 ₹33504 Cr worth of assets under management (AUM) as on Oct 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 21.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.50%, 26.27% and 31.51% respectively.

Holdings

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
83854 people have invested ₹ 25.3Cr in HDFC Small Cap Fund Direct Growth in the last three months

INDmoney Rank for HDFC Small Cap Fund Direct Growth

Powered by IND quant engine
15
/18
38% Performance
35% Risk Management
69% Cost
15 out of 18 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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Poor track record of Recovering losses quickly

HDFC Small Cap Fund Direct Growth Overview

Expense ratio0.68%
Benchmark
S&P BSE Smallcap TR INR
AUM₹33504 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
10.09%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
HDFC Small Cap Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
2.6%
3%
2.8%
3M
0.2%
-1.4%
0.1%
6M
18.7%
19.5%
20%
1Y
28.5%
34.9%
33.2%
3Y
26.3%
24.2%
24.2%
5Y
31.5%
30.7%
32.6%

Fund Distribution

as on (31-Oct-24)

  • Equity 93.2%

  • Debt & Cash 6.8%

Small cap
81.1%

Mid cap
8%

Large cap
3.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
28.5%
Consumer Cyclical
19.9%
Tech
15%
Health
11.8%
Financial Services
11.2%
Basic Materials
7.9%
Communication
3%
Consumer Defensive
2.2%
Utilities
0.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-1.45%
0.01%
1.95%
Nifty Smallcap 250
-4.21%
1.39%
1.94%
  • This fund’s returns stands at -1.45% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
  • This fund outperformed Nifty Smallcap 250 by 2.76% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 33.5K Cr
₹ 34K Cr
₹ 33.9K Cr
  • AUM of the fund stands at 33.5K Cr as of Oct'24
  • AUM decreased by 458.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
The Anup Engineering Ltd's allocation increased from 0.33% to 0.88%
The Anup Engineering Ltd's allocation increased from 0.33% to 0.88%
Firstsource Solutions Ltd's allocation increased from 5.45% to 5.96%
Firstsource Solutions Ltd's allocation increased from 5.45% to 5.96%
Redtape Ltd's allocation increased from 1.28% to 1.61%
Redtape Ltd's allocation increased from 1.28% to 1.61%
Top Stocks sold last month
eClerx Services Ltd's allocation decreased from 3.29 % to 3.23 %
eClerx Services Ltd's allocation decreased from 3.29 % to 3.23 %
Sonata Software Ltd's allocation decreased from 2.58 % to 2.54 %
Sonata Software Ltd's allocation decreased from 2.58 % to 2.54 %
Eris Lifesciences Ltd Registered Shs's allocation decreased from 2.36 % to 2.3 %
Eris Lifesciences Ltd Registered Shs's allocation decreased from 2.36 % to 2.3 %
Large Cap allocation has gone up from 3.9% to 3.9%
Large Cap allocation has gone up from 3.9% to 3.9%
Small Cap allocation has gone up from 81.1% to 81.1%
Small Cap allocation has gone up from 81.1% to 81.1%
Mid Cap allocation has gone down from 8.2% to 8%
Mid Cap allocation has gone down from 8.2% to 8%
Cash allocation has gone up from 6.7% to 6.8%
Cash allocation has gone up from 6.7% to 6.8%

Top 3 Sectors in October were Industrial, Consumer Cyclical & Tech

Oct'24
Industrial
29%
Consumer Cyclical
20%
Tech
15%
Sep'24
Industrial
30%
Consumer Cyclical
21%
Tech
14%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
88
87
90
Top 5 Company Concentration
18.1%
17.3%
17.1%
Company having highest exposure
Firstsource Solutions Ltd (6%)
Firstsource Solutions Ltd (5.4%)
Firstsource Solutions Ltd (5.3%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
86.4%
86.4%
87%
Sector having highest exposure
Industrial (28.5%)
Industrial (29.7%)
Industrial (30%)
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Chirag Setalvad
Chirag Setalvad
Fund Manager of HDFC Small Cap Fund Direct Growth, since 28 June 2014
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has increased expense ratio by 17.2% moving from 0.58 to 0.68.
Insights icon
Over the last 6 months, this fund has experienced a 12.9% growth in AUM moving from 29.68K Cr to 33.50K Cr.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 56.7% return, outperforming this fund by 28.21%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.15%.
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In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 31.98% return, outperforming this fund by 5.7% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 48.45% return, outperforming this fund by 16.94% per annum.

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 21.51% since inception which is more than its category average return of 21.41%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.22% in Equity, 0% in Debt and 6.78% in Cash related instruments
AUM size ₹33504 Cr

AUM size ₹33504 Cr

This fund has AUM of ₹33504 Cr which is more than its category average of ₹ 8059 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.19%

Frequently Asked Questions for HDFC Small Cap Fund Direct Growth

The current NAV of HDFC Small Cap Fund Direct Growth is ₹162.51 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
HDFC Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.58%
2.58%
6 Month Returns
18.69%
18.69%
1 Year Returns
28.5%
28.5%
3 Years Returns
101.34%
26.27%
5 Years Returns
293.42%
31.51%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.68% as on November 2024
₹33504 Cr as on November 2024
Firstsource Solutions Ltd(5.96%), eClerx Services Ltd(3.23%), Bank of Baroda(3.21%), Aster DM Healthcare Ltd Ordinary Shares(3.14%), Sonata Software Ltd(2.54%) as on November 2024
Industrial(26.58%), Consumer Cyclical(18.6%), Tech(13.98%) as on November 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
-1.02
2.95
-0.87
As on November 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
0.73
0.79
0.94
As on November 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
1.43
1.24
1.06
As on November 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
12.95
14.66
23.04
As on November 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 2.34 as on November 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%