SBI Small Cap Fund Direct Growth NAV Slips to ₹208.08 on 7 October 2026; TREPS Allocation at 10.95%

Key Takeaways

• SBI Small Cap Fund Direct Growth recorded a NAV of ₹208.08 on 7 October 2026, slipping 0.08% for the day.
• The return table reported 5.93% over one year, an 11.08% three-year CAGR and a 12.79% five-year CAGR.
• TREPS was the largest overall disclosed allocation at 10.95%, while Ather Energy was the largest listed equity holding at 4.71%.

A modest 0.08% daily decrease left SBI Small Cap Fund Direct Growth’s NAV at ₹208.08 on 7 October 2026. The primary card explicitly displayed the amount alongside the requested valuation date. The small daily movement records the net result across the portfolio rather than the behaviour of every security held.

Liquidity exposure was prominent in the holdings snapshot. TREPS accounted for 10.95%, exceeding each displayed company position. Ather Energy led the listed equities at 4.71%, followed by Navin Fluorine International at 3.32%, City Union Bank at 2.82% and Sundram Fasteners at 2.82%. TREPS is a money-market exposure and is classified separately from those shares.

The five largest disclosed entries, including TREPS, represented 24.62%. The four named companies together represented 13.67%. Reporting the broader figure as five-stock concentration would overstate the amount assigned to those equities and obscure the liquidity component. Neither calculation identifies the full allocation across small-, mid- and large-cap companies.

Historical returns were positive across the three displayed standard periods. The one-year figure stood at 5.93%, compared with CAGRs of 11.08% over three years and 12.79% over five years. The five-year CAGR exceeded the three-year CAGR by 1.71 percentage points. These annualised numbers smooth the cumulative result across each period; they do not show the return earned in every individual year.

The latest operating snapshot displayed assets of ₹42,631 crore and a Direct Growth expense ratio of 0.8%. Minimum SIP and lump-sum amounts were ₹500 and ₹5,000, respectively. These investment thresholds describe different transaction routes, rather than different NAVs within the specified Direct Growth option.

The portfolio entries are supporting disclosures, without an independently established common date matching every field to 7 October. A daily NAV update also cannot determine whether liquidity exposure increased or decreased that day without comparable dated allocation records.