Nippon India Small Cap Fund Direct Growth NAV at ₹205.71 on 7 October 2026; Five-Year CAGR Reaches 17.81%

Key Takeaways

• Nippon India Small Cap Fund Direct Growth recorded a NAV of ₹205.71 on 7 October 2026 after a 0.20% daily decline.
• The one-year return was 8.80%, with three- and five-year CAGRs of 14.67% and 17.81%, respectively.
• The latest snapshot displayed assets of ₹82,580 crore and a 0.69% expense ratio, with TREPS at 2.59% and BHEL the largest listed equity entry at 1.85%.

Nippon India Small Cap Fund Direct Growth’s verified NAV stood at ₹205.71 on 7 October 2026. The primary display reported a 0.20% decrease for the day. This daily movement describes the change in the portfolio’s unit value and should be distinguished from its longer-period historical returns.

The return table showed 8.80% over one year, a three-year CAGR of 14.67% and a five-year CAGR of 17.81%. The five-year annualised figure exceeded the three-year figure by 3.14 percentage points. These are separate trailing windows, so subtracting them does not reveal the return earned in the earlier two years or establish a continuous year-by-year performance pattern.

The holdings display requires a distinction between liquidity exposure and company shares. TREPS was the largest overall disclosed allocation at 2.59%, while BHEL was the largest listed equity holding at 1.85%. TD Power Systems accounted for 1.82%, Apar Industries for 1.73% and HDFC Bank for 1.71%.

Together, the five displayed entries, including TREPS, represented 9.70%. The four named equities alone totalled 7.11%. This difference matters when interpreting concentration: combining a money-market position with stocks describes disclosed asset entries, rather than concentration across five equity companies. Neither calculation establishes the portfolio’s total cash or small-cap allocation.

Assets were displayed at ₹82,580 crore, alongside a Direct Growth expense ratio of 0.69%. Minimum investment amounts differed by route, with SIPs starting at ₹100 and the lump-sum minimum at ₹5,000. Those thresholds are transaction parameters and do not change the per-unit NAV used in the daily update.

The five-entry concentration leaves most of the portfolio outside the displayed group. Accordingly, the named holdings provide a limited view of exposure rather than a complete explanation of the valuation-day decline. Supporting portfolio and operating information is treated as the available snapshot, without assigning an unsupported common measurement date to every field.