HDFC Small Cap Fund Direct Growth NAV at ₹159.8800 on 9 September; 3-Year CAGR at 10.44%

Key Takeaways 

• HDFC Small Cap Fund Direct Growth declined 0.44% to ₹159.8800 on 9 September 2026. 
• The latest three-year CAGR was 10.44%, while the recent five-year annualised return stood at 15.52%. 
• The fund managed approximately ₹41,679 crore and had a Direct Growth expense ratio of 0.75%. 
• TREPS represented 10.25% of the latest disclosed portfolio snapshot and remained the largest individual allocation. 

HDFC Small Cap Fund Direct Growth recorded an NAV of ₹159.8800 on 9 September 2026 after declining 0.44% during the day. The latest three-year CAGR stood at 10.44%. Recent performance data put the five-year CAGR at 15.52%, whereas the one-year return remained slightly negative at -0.18% in the preceding snapshot. 

The difference between the recent one-year figure and the longer annualised readings is pronounced. A five-year return captures several distinct market phases, however, and should not be compared with a one-year result as though the two periods represent equivalent conditions. 

Assets under management stood at approximately ₹41,679 crore. Both the minimum SIP and lump-sum investment were ₹100. The Direct Growth expense ratio stood at 0.75%. 

TREPS accounted for 10.25% of the latest disclosed allocation. Earlier portfolio details also showed Firstsource Solutions, Aster DM Healthcare, Gabriel India and eClerx Services among the larger equity positions. The cash-related component therefore occupied a meaningful place alongside a broad collection of small-cap stocks rather than the portfolio's leading weight belonging to one company. 

Recent risk statistics placed beta close to one, with a reading around 0.98, and the Sharpe ratio around 0.41. These measures reflect historical relationships between return and volatility; they can change as the observation period rolls forward and the underlying holdings move. 

The scheme's small-cap classification means its equity allocation is predominantly directed to companies outside the large- and mid-cap segments. Individual company weights, liquidity conditions and movements across the broader small-cap universe can all influence its NAV over time. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.