Nippon India Small Cap Fund is a Small Cap fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹80,906 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 13.0% a year and its Regular plan returned 12.1% a year. Its benchmark, Nifty Smallcap 250 TRI, returned 12.3% a year over the same 3 years.
NAV (Direct plan)
₹192.76
▼ 1.67% · 30-10-2026
NAV (Regular plan)
₹170.41
▼ 1.67% · 30-10-2026
Expense ratio
0.69%Direct1.41%Regular
0.69%
A year
Riskometer
Very High
Set by the fund house
3 year return
13.0%Direct12.1%Regular
13.0%
A year
Nippon India Small Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹192.76 (down 1.67% that day); Regular Plan Growth ₹170.41 (down 1.67% that day).
This fund (Direct plan)
₹192.758
Nippon India Small Cap Fund Returns vs Nifty Smallcap 250 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−5.79%
−4.50%
+0.35%
−0.23%
+12.97%
+17.08%
+19.26%
This fund (Regular)
−5.84%
−4.67%
0.00%
−0.96%
+12.12%
+16.14%
+18.17%
Nifty Smallcap 250 TRI
−5.78%
−5.87%
+0.62%
−3.15%
+12.35%
+13.11%
+13.34%
Small Cap average
−5.86%
−3.28%
+5.03%
+3.00%
+14.03%
+14.51%
+16.19%
Best in Small Cap
−2.98%
+10.76%
+19.23%
+19.98%
+22.07%
+18.46%
+19.94%
Worst in Small Cap
−11.16%
−7.95%
−4.62%
−10.42%
+8.13%
+10.69%
+12.47%
Rank in Small Cap
19/36
25/36
31/36
20/31
15/24
6/21
2/12
Category rows compare the Direct plans of 36 Small Cap funds. Rank 1 is the highest return.
Nippon India Small Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Smallcap 250 TRI
2026to date
+3.07%
+2.45%
+1.00%
2025
−4.02%
−4.75%
−5.48%
2024
+27.06%
+26.07%
+27.21%
2023
+50.17%
+48.92%
+49.09%
2022
+7.53%
+6.54%
−2.64%
2021
+75.87%
+74.34%
+63.34%
Nippon India Small Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−20%0%20%40%60%
Nippon India Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Nippon India Small Cap Fund (Direct)Nifty Smallcap 250 TRI
4%
16%
Below 0%
5%
8%
0-5%
5%
4%
5-10%
7%
4%
10-15%
10%
14%
15-20%
19%
22%
20-25%
51%
32%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
19.5%
−36.3%
153.7%
18%
8.5%
85%
2 years
2,912
26.1%
−22.6%
84.6%
10%
16.0%
91%
3 years
2,666
25.3%
−8.3%
54.5%
4%
21.0%
95%
5 years
2,173
23.1%
2.3%
45.0%
0%
17.1%
100%
7 years
1,684
23.1%
16.4%
28.4%
0%
17.0%
100%
10 years
941
23.7%
19.1%
31.8%
0%
15.3%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
22.1%
−50.3%
165.8%
18%
10.3%
85%
2 years
142
25.9%
−32.7%
86.1%
13%
10.5%
88%
3 years
130
28.3%
−23.6%
52.6%
8%
22.2%
96%
5 years
106
26.2%
−7.5%
44.1%
3%
21.1%
100%
7 years
82
24.7%
5.2%
34.2%
0%
22.0%
100%
10 years
46
24.5%
20.1%
28.6%
0%
--
--
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Smallcap 250 TRI over the same days. Past returns do not promise future returns.
Nippon India Small Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
−0.23%
−3.15%
Standard deviation
16.03%
17.96%
Sharpe ratio
-0.34
-0.47
Sortino ratio
-0.46
-0.63
Maximum drawdown
−14.7%
(31-03-2026)
−18.2%
(23-03-2026)
Beta
0.87
1.00
Alpha
+1.81%
0.00%
From daily NAVs, 30-10-2025 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+12.97%
+12.35%
Standard deviation
16.46%
19.08%
Sharpe ratio
0.42
0.33
Sortino ratio
0.56
0.44
Maximum drawdown
−24.2%
(03-03-2025)
−26.0%
(03-03-2025)
Beta
0.85
1.00
Alpha
+1.59%
0.00%
From daily NAVs, 30-10-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+17.08%
+13.11%
Standard deviation
16.33%
18.50%
Sharpe ratio
0.69
0.40
Sortino ratio
0.91
0.51
Maximum drawdown
−24.2%
(03-03-2025)
−26.6%
(20-06-2022)
Beta
0.86
1.00
Alpha
+4.97%
0.00%
From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+19.26%
+13.34%
Standard deviation
17.37%
19.08%
Sharpe ratio
0.80
0.42
Sortino ratio
1.05
0.54
Maximum drawdown
−48.6%
(24-03-2020)
−59.8%
(24-03-2020)
Beta
0.88
1.00
Alpha
+6.84%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Small Cap Fund (Direct)This fund
Nifty Smallcap 250 TRI
Return (CAGR)
+23.01%
+15.32%
Standard deviation
17.11%
18.84%
Sharpe ratio
0.99
0.52
Sortino ratio
1.32
0.68
Maximum drawdown
−48.6%
(24-03-2020)
−59.8%
(24-03-2020)
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.
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.
−60%−50%−40%−30%−20%−10%0%
Nippon India Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
2014201620182020202220242026
Nippon India Small Cap Fund (Direct)Nifty Smallcap 250 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Nippon India Small Cap Fund (Direct)
−48.6%
15-01-2018
24-03-2020
14-12-2020
9 months
−8.7%
Nifty Smallcap 250 TRI
−59.8%
15-01-2018
24-03-2020
03-05-2021
13 months
−9.4%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty Smallcap 250 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Nippon India Small Cap Fund vs Other Small Cap Funds
The five Small Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Nippon India Small Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 22-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Small Cap median
Cost rank (1 = cheapest)
Direct
0.53%
0.02%
0.00%
0.14%
0.69%
0.91%
7/36
Regular
1.14%
0.02%
0.00%
0.25%
1.41%
2.06%
1/36
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Small Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−0.96%
−0.23%
0.73%
₹99,040
₹99,770
3 years
12.12%
12.97%
0.85% a year
₹1,40,945
₹1,44,175
5 years
16.14%
17.08%
0.94% a year
₹2,11,305
₹2,19,995
10 years
18.17%
19.26%
1.09% a year
₹5,30,973
₹5,82,034
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Nippon India Small Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNippon India Small Cap Fund (Direct)
₹16,60,000
₹89,32,012
₹72,72,012
22.0%
Regular planNippon India Small Cap Fund (Regular)
₹16,60,000
₹81,62,439
₹65,02,439
20.9%
Category averageCategory average, 36 Small Cap funds
₹16,60,000
₹71,74,000
₹55,14,000
19.3%
₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L₹1.0 Cr
Direct planNippon India Small Cap Fund (Direct)
Regular planNippon India Small Cap Fund (Regular)
Category averageCategory average, 36 Small Cap funds
Amount invested
2014201620182020202220242026
Direct planNippon India Small Cap Fund (Direct)Regular planNippon India Small Cap Fund (Regular)Category averageCategory average, 36 Small Cap fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Small Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.4%Equity
Asset
Fund
Category
Equity
97.4%
93.6%
Cash and others
2.6%
5.8%
Market cap of stocks
Market cap
Fund
Category
Large Cap
14.3%
4.8%
Mid Cap
13.1%
10.9%
Small Cap
66.6%
73.6%
Not on AMFI's list
3.5%
4.2%
Share of the whole fund. Category: the average of the Small Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Nippon India Small Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Electrical Equipment9.5%
Auto Components7.7%
Banks7.6%
Industrial Products6.8%
Pharmaceuticals & Biotechnology5.4%
Consumer Durables5.4%
Chemicals & Petrochemicals5.0%
Capital Markets4.0%
Finance4.0%
Healthcare Services3.6%
The ten largest of 45 sectors. The other 35 add up to 38.2%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Electrical Equipment
8.2%
9.5%
9.5%
+1.3%
Auto Components
7.5%
7.8%
7.7%
+0.2%
Banks
7.7%
7.6%
7.6%
−0.1%
Industrial Products
6.6%
6.5%
6.8%
+0.2%
Consumer Durables
6.6%
5.7%
5.4%
−1.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Nippon India Small Cap Fund Portfolio Holdings
As on 30-09-2026 · 256 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
TD Power Systems Limited
Electrical Equipment
1.88%
0.0%
Bharat Heavy Electricals Limited
Electrical Equipment
1.77%
0.0%
HDFC Bank Limited
Banks
1.75%
0.0%
Apar Industries Limited
Electrical Equipment
1.74%
0.0%
Acme Solar Holdings Ltd
Power
1.33%
0.0%
Karur Vysya Bank Limited
Banks
1.28%
0.0%
Sai Life Sciences Limited
Pharmaceuticals & Biotechnology
1.24%
0.0%
Sundram Fasteners Limited
Auto Components
1.20%
0.0%
State Bank of India
Banks
1.19%
0.0%
Elantas Beck India Limited
Chemicals & Petrochemicals
1.16%
0.0%
Multi Commodity Exchange of India Limited
Capital Markets
1.14%
0.0%
Avalon Technologies Limited
Electrical Equipment
1.10%
0.0%
Zydus Wellness Limited
Food Products
1.09%
0.0%
Hindustan Unilever Limited
Diversified FMCG
1.05%
+56.3%
Kirloskar Brothers Limited
Industrial Products
0.99%
0.0%
Kirloskar Oil Engines Limited
Industrial Products
0.97%
0.0%
MTAR Technologies Limited
Electrical Equipment
0.92%
0.0%
Balrampur Chini Mills Limited
Agricultural Food & other Products
0.91%
0.0%
Axis Bank Limited
Banks
0.91%
0.0%
NLC India Limited
Power
0.89%
0.0%
Whirlpool of India Limited
Consumer Durables
0.88%
0.0%
Union Bank of India
Banks
0.87%
0.0%
Voltamp Transformers Limited
Electrical Equipment
0.83%
0.0%
Emami Limited
Personal Products
0.79%
0.0%
eClerx Services Limited
Commercial Services & Supplies
0.78%
0.0%
Craftsman Automation Limited
Auto Components
0.77%
0.0%
Aster DM Quality Care Limited
Healthcare Services
0.76%
0.0%
Ajanta Pharma Limited
Pharmaceuticals & Biotechnology
0.75%
0.0%
Paradeep Phosphates Limited
Fertilizers & Agrochemicals
0.75%
0.0%
Tube Investments of India Limited
Auto Components
0.73%
0.0%
TBO Tek Limited
Leisure Services
0.71%
0.0%
Kirloskar Pneumatic Company Limited
Industrial Products
0.69%
0.0%
Radico Khaitan Limited
Beverages
0.69%
−10.5%
Kotak Mahindra Bank Limited
Banks
0.67%
+52.6%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
0.66%
0.0%
PNB Housing Finance Limited
Finance
0.66%
0.0%
Central Mine Planning & Design Institute Limited
Commercial Services & Supplies
0.65%
+1.9%
Lumax Auto Technologies Limited
Auto Components
0.64%
0.0%
Carborundum Universal Limited
Industrial Products
0.63%
0.0%
Kalpataru Projects International Limited
Construction
0.62%
0.0%
Omnitech Engineering Limited
Industrial Manufacturing
0.60%
0.0%
Syngene International Limited
Healthcare Services
0.60%
0.0%
Asahi India Glass Limited
Auto Components
0.60%
0.0%
Dixon Technologies (India) Limited
Consumer Durables
0.60%
0.0%
Escorts Kubota Limited
Agricultural, Commercial & Construction Vehicles
0.59%
+347.2%
Navin Fluorine International Limited
Chemicals & Petrochemicals
0.58%
0.0%
Pfizer Limited
Pharmaceuticals & Biotechnology
0.58%
0.0%
Esab India Limited
Industrial Products
0.58%
0.0%
Coal India Limited
Consumable Fuels
0.58%
−15.6%
AWL Agri Business Limited
Agricultural Food & other Products
0.58%
0.0%
Bluestone Jewellery and Lifestyle Limited
Consumer Durables
0.57%
0.0%
Rategain Travel Technologies Limited
IT - Software
0.56%
0.0%
Vardhman Textiles Limited
Textiles & Apparels
0.56%
0.0%
Krishna Institute Of Medical Sciences Limited
Healthcare Services
0.56%
0.0%
HDFC Life Insurance Company Limited
Insurance
0.55%
0.0%
Orkla India Limited
Food Products
0.54%
0.0%
Finolex Cables Limited
Industrial Products
0.54%
0.0%
Timken India Limited
Industrial Products
0.54%
0.0%
Delhivery Limited
Transport Services
0.53%
0.0%
The Ramco Cements Limited
Cement & Cement Products
0.53%
0.0%
Mas Financial Services Limited
Finance
0.53%
0.0%
Aditya Birla Sun Life AMC Limited
Capital Markets
0.52%
0.0%
AstraZeneca Pharma India Limited
Pharmaceuticals & Biotechnology
0.51%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
0.50%
0.0%
PhysicsWallah Limited
Other Consumer Services
0.50%
0.0%
PVR INOX Limited
Entertainment
0.50%
−2.7%
Fine Organic Industries Limited
Chemicals & Petrochemicals
0.50%
0.0%
Sona BLW Precision Forgings Limited
Auto Components
0.49%
0.0%
ISGEC Heavy Engineering Limited
Construction
0.49%
0.0%
Affle 3i Limited
IT - Services
0.48%
0.0%
Procter & Gamble Health Limited
Pharmaceuticals & Biotechnology
0.48%
0.0%
Shadowfax Technologies Limited
Transport Services
0.47%
0.0%
K.P.R. Mill Limited
Textiles & Apparels
0.47%
0.0%
Sansera Engineering Limited
Auto Components
0.47%
0.0%
Gokaldas Exports Limited
Textiles & Apparels
0.46%
0.0%
Astra Microwave Products Limited
Aerospace & Defense
0.45%
0.0%
Grindwell Norton Limited
Industrial Products
0.45%
0.0%
Galaxy Surfactants Limited
Chemicals & Petrochemicals
0.45%
0.0%
Bajaj Consumer Care Limited
Personal Products
0.45%
0.0%
RBL Bank Limited
Banks
0.45%
0.0%
Poonawalla Fincorp Limited
Finance
0.44%
0.0%
Jubilant Foodworks Limited
Leisure Services
0.44%
0.0%
United Spirits Limited
Beverages
0.44%
0.0%
REC Limited
Finance
0.43%
0.0%
Tata Consumer Products Limited
Agricultural Food & other Products
0.43%
+1.6%
Century Plyboards (India) Limited
Consumer Durables
0.43%
0.0%
TSF Investments Limited
Finance
0.42%
0.0%
ICRA Limited
Capital Markets
0.42%
0.0%
KFin Technologies Limited
Capital Markets
0.41%
0.0%
Central Depository Services (India) Limited
Capital Markets
0.40%
0.0%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.39%
0.0%
eMudhra Limited
IT - Services
0.38%
0.0%
Healthcare Global Enterprises Limited
Healthcare Services
0.38%
0.0%
Billionbrains Garage Ventures Ltd
Capital Markets
0.38%
0.0%
Cyient Limited
IT - Services
0.38%
0.0%
Blue Star Limited
Consumer Durables
0.38%
0.0%
City Union Bank Limited
Banks
0.38%
0.0%
Sudarshan Chemical Industries Limited
Chemicals & Petrochemicals
0.38%
0.0%
Orient Electric Limited
Consumer Durables
0.37%
0.0%
Allied Blenders And Distillers Limited
Beverages
0.37%
0.0%
The Indian Hotels Company Limited
Leisure Services
0.36%
0.0%
NTPC Green Energy Limited
Power
0.36%
0.0%
Vedanta Aluminium Metal Limited
Non - Ferrous Metals
0.36%
0.0%
Persistent Systems Limited
IT - Software
0.36%
0.0%
ION Exchange (India) Limited
Other Utilities
0.36%
0.0%
Deepak Nitrite Limited
Chemicals & Petrochemicals
0.35%
0.0%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
0.35%
0.0%
Pine Labs Limited
Financial Technology (Fintech)
0.34%
0.0%
Tata Power Company Limited
Power
0.34%
0.0%
Thyrocare Technologies Limited
Healthcare Services
0.34%
0.0%
Samvardhana Motherson International Limited
Auto Components
0.34%
0.0%
Juniper Green Energy Limited
Power
0.33%
0.0%
Voltas Limited
Consumer Durables
0.33%
0.0%
Aarti Industries Limited
Chemicals & Petrochemicals
0.33%
0.0%
Dr. Lal Path Labs Limited
Healthcare Services
0.32%
0.0%
Vindhya Telelinks Limited
Construction
0.32%
0.0%
Ambuja Cements Limited
Cement & Cement Products
0.31%
0.0%
Metropolis Healthcare Limited
Healthcare Services
0.31%
0.0%
NIIT Learning Systems Limited
Other Consumer Services
0.31%
0.0%
Linde India Limited
Chemicals & Petrochemicals
0.31%
0.0%
Godrej Agrovet Limited
Food Products
0.31%
0.0%
West Coast Paper Mills Limited
Paper, Forest & Jute Products
0.31%
0.0%
Tejas Networks Limited
Telecom - Equipment & Accessories
0.30%
0.0%
Power Finance Corporation Limited
Finance
0.30%
0.0%
Clean Science and Technology Limited
Chemicals & Petrochemicals
0.30%
0.0%
Bharat Electronics Limited
Aerospace & Defense
0.30%
0.0%
Jtekt India Limited
Auto Components
0.30%
0.0%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.30%
0.0%
CARE Ratings Limited
Capital Markets
0.30%
0.0%
Kajaria Ceramics Limited
Consumer Durables
0.29%
0.0%
Exide Industries Limited
Auto Components
0.29%
0.0%
Belrise Industries Ltd.
Auto Components
0.29%
0.0%
Data Patterns (India) Limited
Aerospace & Defense
0.28%
0.0%
Styrenix Performance Materials Limited
Chemicals & Petrochemicals
0.28%
0.0%
Birla Corporation Limited
Cement & Cement Products
0.28%
0.0%
TTK Prestige Limited
Consumer Durables
0.28%
0.0%
JSW Cement Limited
Cement & Cement Products
0.28%
0.0%
Sapphire Foods India Limited
Leisure Services
0.28%
0.0%
V.S.T Tillers Tractors Limited
Agricultural, Commercial & Construction Vehicles
0.27%
0.0%
Leela Palaces Hotels & Resorts Limited
Leisure Services
0.26%
0.0%
LIC Housing Finance Limited
Finance
0.26%
0.0%
Jindal Saw Limited
Industrial Products
0.26%
0.0%
Castrol India Limited
Petroleum Products
0.25%
0.0%
Bayer Cropscience Limited
Fertilizers & Agrochemicals
0.25%
0.0%
Jyothy Labs Limited
Household Products
0.25%
0.0%
Genus Power Infrastructures Limited
Electrical Equipment
0.25%
0.0%
Lemon Tree Hotels Limited
Leisure Services
0.25%
0.0%
Aditya Birla Real Estate Limited
Realty
0.24%
0.0%
Harsha Engineers International Limited
Industrial Products
0.24%
0.0%
RITES Limited
Construction
0.24%
0.0%
CIE Automotive India Limited
Auto Components
0.24%
0.0%
Schaeffler India Limited
Auto Components
0.23%
0.0%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.22%
0.0%
Premier Energies Limited
Electrical Equipment
0.22%
0.0%
Vedanta Limited
Diversified Metals
0.22%
0.0%
Chambal Fertilizers & Chemicals Limited
Fertilizers & Agrochemicals
0.21%
0.0%
Afcons Infrastructure Limited
Construction
0.21%
0.0%
Aditya Birla Lifestyle Brands Limited
Retailing
0.21%
0.0%
Narayana Hrudayalaya Limited
Healthcare Services
0.21%
0.0%
PG Electroplast Limited
Consumer Durables
0.21%
0.0%
Honda India Power Products Limited
Industrial Manufacturing
0.21%
0.0%
RHI Magnesita India Limited
Industrial Products
0.21%
+125.8%
Kaynes Technology India Limited
Industrial Manufacturing
0.21%
0.0%
Piramal Finance Limited
Finance
0.20%
0.0%
Milky Mist Dairy Food Limited
Food Products
0.19%
0.0%
Praj Industries Limited
Industrial Manufacturing
0.19%
0.0%
Aavas Financiers Limited
Finance
0.19%
0.0%
Sumitomo Chemical India Limited
Fertilizers & Agrochemicals
0.19%
0.0%
Raymond Limited
Industrial Manufacturing
0.19%
0.0%
LG Balakrishnan & Bros Limited
Auto Components
0.19%
0.0%
ZF Commercial Vehicle Control Systems India Limited
Auto Components
0.19%
0.0%
CESC Limited
Power
0.19%
0.0%
Texmaco Rail & Engineering Limited
Industrial Manufacturing
0.19%
0.0%
Jio Financial Services Limited
Finance
0.19%
−51.7%
Max Estates Limited
Realty
0.18%
0.0%
Sanofi India Limited
Pharmaceuticals & Biotechnology
0.18%
0.0%
Indigo Paints Limited
Consumer Durables
0.18%
0.0%
FDC Limited
Pharmaceuticals & Biotechnology
0.18%
0.0%
LMW Limited
Industrial Manufacturing
0.18%
0.0%
DLF Limited
Realty
0.18%
0.0%
Sandhar Technologies Limited
Auto Components
0.18%
0.0%
Vinati Organics Limited
Chemicals & Petrochemicals
0.18%
+139.4%
Seamec Limited
Transport Services
0.18%
0.0%
Landmark Cars Limited
Automobiles
0.18%
0.0%
KPIT Technologies Limited
IT - Software
0.17%
+15.8%
Elgi Equipments Limited
Industrial Products
0.17%
0.0%
Doms Industries Limited
Household Products
0.17%
0.0%
Sharda Motor Industries Ltd.
Auto Components
0.17%
0.0%
Divgi Torqtransfer Systems Limited
Auto Components
0.17%
0.0%
Brigade Enterprises Limited
Realty
0.17%
0.0%
Tata Steel Limited
Ferrous Metals
0.16%
New
UTI Asset Management Company Limited
Capital Markets
0.16%
0.0%
Venus Pipes And Tubes Limited
Industrial Products
0.16%
0.0%
Fujiyama Power Systems Limited
Electrical Equipment
0.16%
0.0%
Bharat Dynamics Limited
Aerospace & Defense
0.16%
0.0%
Automotive Axles Limited
Auto Components
0.16%
0.0%
Computer Age Management Services Limited
Capital Markets
0.16%
0.0%
CreditAccess Grameen Limited
Finance
0.16%
0.0%
Vesuvius India Limited
Industrial Products
0.15%
0.0%
Can Fin Homes Limited
Finance
0.15%
0.0%
Swiggy Limited
Retailing
0.14%
0.0%
Cyient Dlm Ltd
Aerospace & Defense
0.14%
0.0%
Mishra Dhatu Nigam Limited
Aerospace & Defense
0.14%
0.0%
Canara Robeco Asset Management Company Ltd
Capital Markets
0.14%
0.0%
Just Dial Limited
Retailing
0.14%
0.0%
Piramal Pharma Limited
Pharmaceuticals & Biotechnology
0.13%
0.0%
Bajel Projects Limited
Electrical Equipment
0.13%
0.0%
Sanofi Consumer Healthcare India Limited
Pharmaceuticals & Biotechnology
0.13%
0.0%
Zensar Technologies Limited
IT - Software
0.13%
0.0%
Rainbow Childrens Medicare Limited
Healthcare Services
0.13%
0.0%
Equitas Small Finance Bank Limited
Banks
0.12%
0.0%
Rishabh Instruments Ltd
Electrical Equipment
0.12%
0.0%
Triveni Turbine Limited
Electrical Equipment
0.12%
0.0%
NIIT Limited
Other Consumer Services
0.12%
0.0%
Bajaj Electricals Limited
Consumer Durables
0.12%
0.0%
G R Infraprojects Limited
Construction
0.12%
0.0%
Greenlam Industries Limited
Consumer Durables
0.12%
0.0%
H.G. Infra Engineering Limited
Construction
0.12%
0.0%
Inox Wind Limited
Electrical Equipment
0.11%
0.0%
Saatvik Green Energy Limited
Electrical Equipment
0.11%
0.0%
Arvind Limited
Textiles & Apparels
0.10%
0.0%
Sonata Software Limited
IT - Software
0.10%
0.0%
Campus Activewear Limited
Consumer Durables
0.10%
0.0%
ICICI Prudential Life Insurance Company Limited
Insurance
0.10%
0.0%
Birlasoft Limited
IT - Software
0.10%
0.0%
India Shelter Finance Corporation Limited
Finance
0.10%
0.0%
Asian Paints Limited
Consumer Durables
0.09%
−29.9%
Urban Company Ltd.
Retailing
0.09%
−1.3%
Shiprocket Limited
Transport Services
0.09%
0.0%
Polyplex Corporation Limited
Industrial Products
0.09%
0.0%
Kirloskar Ferrous Industries Limited
Ferrous Metals
0.09%
0.0%
Fineotex Chemical Limited
Chemicals & Petrochemicals
0.08%
−27.5%
Sanathan Textiles Limited
Textiles & Apparels
0.08%
0.0%
Archean Chemical Industries Limited
Chemicals & Petrochemicals
0.08%
0.0%
Subros Ltd
Industrial Products
0.08%
0.0%
Hatsun Agro Product Limited
Food Products
0.08%
0.0%
Vedant Fashions Limited
Retailing
0.08%
0.0%
Indoco Remedies Limited
Pharmaceuticals & Biotechnology
0.08%
0.0%
Protean eGov Technologies Limited
IT - Services
0.07%
0.0%
KEC International Limited
Construction
0.07%
0.0%
Go Fashion (India) Limited
Retailing
0.06%
0.0%
Augmont Enterprises Limited
Non - Ferrous Metals
0.06%
−10.0%
Laser Power And Infra Limited
Industrial Products
0.06%
0.0%
Karamtara Engineering Limited
Electrical Equipment
0.06%
New
Pokarna Limited
Consumer Durables
0.06%
0.0%
JK Lakshmi Cement Limited
Cement & Cement Products
0.06%
0.0%
PNC Infratech Limited
Construction
0.05%
0.0%
Astec LifeSciences Limited
Fertilizers & Agrochemicals
0.05%
0.0%
Stanley Lifestyles Limited
Consumer Durables
0.04%
0.0%
Tempsens Instruments (India) Limited
Industrial Manufacturing
0.04%
0.0%
Studds Accessories Ltd
Auto Components
0.03%
0.0%
CMR Green Technologies Limited
Industrial Products
0.03%
0.0%
Raymond Lifestyle Limited
Textiles & Apparels
0.03%
−35.9%
Lohia Corp Limited
Industrial Manufacturing
0.03%
−45.1%
Kusumgar Limited
Textiles & Apparels
0.02%
0.0%
Genus Prime Infra Limited
Chemicals & Petrochemicals
0.01%
0.0%
Nippon India Small Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Hindustan Unilever Limited
↑Added
+56.3%
1.05%
Radico Khaitan Limited
↓Reduced
−10.5%
0.69%
Central Mine Planning & Design Institute Limited
↑Added
+1.9%
0.65%
Kotak Mahindra Bank Limited
↑Added
+52.6%
0.67%
Coal India Limited
↓Reduced
−15.6%
0.58%
Escorts Kubota Limited
↑Added
+347.2%
0.59%
PVR INOX Limited
↓Reduced
−2.7%
0.50%
Tata Consumer Products Limited
↑Added
+1.6%
0.43%
Jio Financial Services Limited
↓Reduced
−51.7%
0.19%
RHI Magnesita India Limited
↑Added
+125.8%
0.21%
Vinati Organics Limited
↑Added
+139.4%
0.18%
KPIT Technologies Limited
↑Added
+15.8%
0.17%
Tata Steel Limited
↑New
New
0.16%
Asian Paints Limited
↓Reduced
−29.9%
0.09%
Fineotex Chemical Limited
↓Reduced
−27.5%
0.08%
Urban Company Ltd.
↓Reduced
−1.3%
0.09%
Lohia Corp Limited
↓Reduced
−45.1%
0.03%
Augmont Enterprises Limited
↓Reduced
−10.0%
0.06%
Karamtara Engineering Limited
↑New
New
0.06%
Raymond Lifestyle Limited
↓Reduced
−35.9%
0.03%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Nippon India Small Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.69%
Expense ratio (Regular)
1.41%
Category
Small Cap
Risk
Very High
Benchmark
Nifty Smallcap 250 TRI
Launch date
16-09-2010
Minimum investment
Not available
Minimum additional investment
Not available
AUM
₹80,905.55 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118778
ISIN (Direct)
INF204K01K15
Scheme code (Regular)
113177
ISIN (Regular)
INF204K01HY3
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load of 1% if redeemed within 1 year.
Tax on Nippon India Small Cap Fund returns
Nippon India Small Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Bonus
₹192.758
30-10-2026
direct
Growth
₹192.758
30-10-2026
direct
IDCW
₹102.5134
30-10-2026
regular
Bonus
₹170.4087
30-10-2026
regular
Growth
₹170.4087
30-10-2026
regular
IDCW
₹87.5952
30-10-2026
About Nippon India Small Cap Fund
Nippon India Small Cap Fund is a mutual fund from Nippon India Mutual Fund. Its category is Small Cap. It was launched on 16-09-2010. Its benchmark is Nifty Smallcap 250 TRI. At the end of September 2026 it held 256 securities.
Fund Manager
Samir Rachh
Fund manager of Nippon India Small Cap Fund, since 01-01-2017
Frequently Asked Questions for Nippon India Small Cap Fund
What is the current NAV of Nippon India Small Cap Fund?
The Direct plan NAV is ₹192.758. The Regular plan NAV is ₹170.4087, as on 30-10-2026.
What are the returns of Nippon India Small Cap Fund?
The Direct plan returned −0.23% in 1 year, +12.97% a year over 3 years, +17.08% a year over 5 years. The Regular plan returned −0.96% in 1 year, +12.12% a year over 3 years, +16.14% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Small Cap Fund?
The Direct plan charges 0.69% a year. The Regular plan charges 1.41% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
What is the AUM of Nippon India Small Cap Fund?
Nippon India Small Cap Fund managed ₹80,905.55 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Small Cap Fund?
At the end of September 2026 the largest holdings were TDPOWERSYS (1.88%), BHEL (1.77%), HDFCBANK (1.75%), APARINDS (1.74%), ACMESOLAR (1.33%). The fund held 256 securities in all.
What did Nippon India Small Cap Fund buy and sell in September 2026?
It bought 2 new stocks: Tata Steel Limited, Karamtara Engineering Limited. It added shares in 8. It reduced 10.
How do I invest in Nippon India Small Cap Fund?
Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.
Who is the fund manager of Nippon India Small Cap Fund?
Samir Rachh (since 01-01-2017).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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