DSP Small Cap Fund vs ICICI Prudential Nifty Smallcap 250 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Small Cap Fund is a Small Cap fund and ICICI Prudential Nifty Smallcap 250 ETF is an ETF fund. DSP Small Cap Fund charges 0.84% a year and ICICI Prudential Nifty Smallcap 250 ETF 0.81%. Their portfolios overlap 15.5%: they hold 30 of the same securities.
ICICI Prudential Nifty Smallcap 250 ETF
ETF
- Expense ratio
- 0.81%
- NAV
- ₹16.79
Which is better, DSP Small Cap or ICICI Prudential Nifty Smallcap 250 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Nifty Smallcap 250 ETF costs less: 0.81% a year against 0.84%.
- DSP Small Cap fell less in its worst fall since 22-06-2026: −9.7% against −11.6%.
- DSP Small Cap is the larger fund: ₹21,467 Cr against ₹9 Cr.
- Their portfolios overlap 15.5%: 30 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Small Cap Fund | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Small Cap | ETF |
| AUM | ₹21,467 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹237.23 (Direct) | ₹16.79 |
| Expense ratio (Direct) | 0.84% | Not available |
| Expense ratio (Regular) | 1.72% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE 250 Smallcap TRI | Nifty Smallcap 250 TRI |
| Launch date | 14-06-2007 | 19-06-2026 |
| Minimum investment | ₹100 | During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mul |
| Lock in | None | None |
| Fund managers | Vinit Sambre | Nishit Patel, Ashwini Shinde, Venus Ahuja |
| Exit load | Exit load of 1% if redeemed less than 12 months | There will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed. Currently, the Scheme is proposed to be listed on BSE and NSE. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors. |
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Small Cap Fund (Direct) | −6.75% | −2.67% | +5.91% | +9.47% | +15.70% | +16.05% | +15.58% |
| ICICI Prudential Nifty Smallcap 250 ETF | −5.88% | −6.00% | -- | -- | -- | -- | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 36 Small Cap funds, same plan type.
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Year-wise Returns
| Year | DSP Small CapDSP Small Cap | ICICI Prudential Nifty Smallcap 250 ETFICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| 2026to date | +9.92% | -- |
| 2025 | −1.92% | -- |
| 2024 | +26.72% | -- |
| 2023 | +42.45% | -- |
| 2022 | +1.37% | -- |
| 2021 | +60.30% | -- |
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Rolling Returns
Every holding period of both funds, against BSE 250 SmallCap Index TRI, the benchmark of DSP Small Cap Fund
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Small Cap Fund (Direct) | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Return (CAGR) | +20.66% | −15.77% |
| Standard deviation | 16.34% | 15.60% |
| Sharpe ratio | 0.89 | -1.35 |
| Sortino ratio | 1.19 | -1.65 |
| Maximum drawdown | −49.1% (24-03-2020) | −11.6% (23-10-2026) |
| Beta | 0.83 | 1.00 |
| Alpha | +8.72% | −0.42% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Small Cap Fund (Direct)
ICICI Prudential Nifty Smallcap 250 ETF
BSE 250 SmallCap Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Small Cap Fund (Direct) | −9.7% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.8% |
| ICICI Prudential Nifty Smallcap 250 ETF | −11.6% | 08-09-2026 | 23-10-2026 | Not yet | -- | −9.6% |
| BSE 250 SmallCap Index TRI | −11.7% | 08-09-2026 | 23-10-2026 | Not yet | -- | −10.1% |
From daily values since 22-06-2026, the first day every fund has.
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Small Cap Fund, September 2026; ICICI Prudential Nifty Smallcap 250 ETF, September 2026
Holdings in common
- Overlap
- 15.5%
- Held by both
- 30
- Only in DSP Small Cap
- 54
- Only in ICICI Prudential Nifty Smallcap 250 ETF
- 220
| Security | % of DSP Small Cap | % of ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Welspun Corp Limited | 2.94% | 1.60% |
| Gland Pharma Limited | 1.78% | 1.04% |
| Navin Fluorine International Limited | 1.00% | 1.36% |
| PNB Housing Finance Limited | 1.33% | 0.95% |
| Sona Blw Precision Forgings Limited | 0.90% | 1.68% |
| Sansera Engineering Limited | 2.85% | 0.90% |
| Kirloskar Oil Engines Limited | 3.77% | 0.86% |
| Anand Rathi Wealth Limited | 0.80% | 0.87% |
| Kalpataru Projects International Limited | 0.78% | 0.70% |
| Amber Enterprises India Limited | 0.71% | 0.65% |
| Manappuram Finance Limited | 0.49% | 0.78% |
| Atul Limited | 1.11% | 0.42% |
| Cyient Limited | 1.42% | 0.39% |
| Engineers India Limited | 0.43% | 0.38% |
| R R Kabel Limited | 0.90% | 0.38% |
| KPIT Technologies Limited | 0.84% | 0.37% |
| Spr Auto Technologies Limited | 2.34% | 0.37% |
| eClerx Services Limited | 2.02% | 0.33% |
| Angel One Limited | 0.33% | 0.80% |
| Rainbow Childrens Medicare Limited | 0.94% | 0.29% |
| Chambal Fertilizers & Chemicals Limited | 0.57% | 0.27% |
| Thangamayil Jewellery Limited | 3.37% | 0.27% |
| LT Foods Limited | 1.82% | 0.25% |
| Jubilant Ingrevia Limited | 1.83% | 0.25% |
| Vardhman Textiles Limited | 0.95% | 0.24% |
| Canara HSBC Life Insurance Co Limited | 0.45% | 0.24% |
| Graphite India Limited | 0.40% | 0.23% |
| Techno Electric & Engineering Co Limited | 1.17% | 0.23% |
| Aadhar Housing Finance Limited | 0.59% | 0.21% |
| Concord Biotech Limited | 1.68% | 0.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 15.5% means 15.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Small Cap Fund
| Security | % of fund |
|---|---|
| Lumax Auto Technologies Limited | 5.16% |
| IPCA Laboratories Limited | 2.14% |
| Dodla Dairy Limited | 1.96% |
| Prudent Corporate Advisory Services Limited | 1.71% |
| Harsha Engineers International Limited | 1.53% |
Largest holdings only in ICICI Prudential Nifty Smallcap 250 ETF
| Security | % of fund |
|---|---|
| Karur Vysya Bank Ltd. | 1.38% |
| Ather Energy LTD. | 1.22% |
| RBL Bank Ltd. | 1.12% |
| Delhivery Ltd. | 1.11% |
| Redington (India) Ltd. | 1.09% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Small Cap | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Equity | 88.7% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.3% | 3.3% |
Market cap of stocks
| Market cap | DSP Small Cap | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 7.1% | 2.7% |
| Small Cap | 80.9% | 93.0% |
| Not on AMFI's list | 0.8% | 1.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Small Cap | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Industrial Products | 15.5% | 8.6% |
| Auto Components | 14.7% | 8.4% |
| Consumer Durables | 11.3% | 2.8% |
| Pharmaceuticals & Biotechnology | 8.2% | 7.8% |
| Finance | 2.4% | 7.6% |
| Chemicals & Petrochemicals | 6.0% | 5.7% |
| Capital Markets | 2.8% | 5.4% |
| Fertilizers & Agrochemicals | 3.1% | 0.8% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Small Cap vs ICICI Prudential Nifty Smallcap 250 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Small Cap Fund | ICICI Prudential Nifty Smallcap 250 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.84% | Not available |
| Base expense ratio (Direct) | 0.66% | 0.00% |
| Total expense ratio (Regular) | 1.72% | Not available |
| Base expense ratio (Regular) | 1.41% | 0.21% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
DSP Small Cap Fund vs ICICI Prudential Nifty Smallcap 250 ETF: Frequently Asked Questions
What is the difference between DSP Small Cap Fund and ICICI Prudential Nifty Smallcap 250 ETF?
DSP Small Cap Fund is a Small Cap fund, ICICI Prudential Nifty Smallcap 250 ETF is an ETF fund, run by DSP Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 15.5%. DSP Small Cap Fund charges 0.84% a year and ICICI Prudential Nifty Smallcap 250 ETF 0.81%.
Which has the lower expense ratio, DSP Small Cap Fund or ICICI Prudential Nifty Smallcap 250 ETF?
ICICI Prudential Nifty Smallcap 250 ETF charges less: 0.81% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do DSP Small Cap Fund and ICICI Prudential Nifty Smallcap 250 ETF overlap?
15.5%. They hold 30 of the same securities, the largest shared ones being WELCORP, GLAND, NAVINFLUOR. From each fund's latest monthly portfolio.
Can I invest in both DSP Small Cap Fund and ICICI Prudential Nifty Smallcap 250 ETF?
Yes. 15.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Small Cap Fund and ICICI Prudential Nifty Smallcap 250 ETF?
DSP Small Cap Fund: Vinit Sambre. ICICI Prudential Nifty Smallcap 250 ETF: Nishit Patel, Ashwini Shinde, Venus Ahuja.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.