Nippon India Small Cap Fund Direct Growth NAV Falls 0.51% to ₹209.9913 on 9 September 2026

Key Takeaways

• The NAV declined 0.51% to ₹209.9913 on 9 September 2026.
• The fund's three-year CAGR was about 14.84%, with the recent five-year annualised return at 19.57%.
• Assets under management stood at ₹78,957 crore, and the Direct Growth expense ratio was 0.69%.
• TREPS at 2.59% was the largest disclosed individual allocation among the listed positions, ahead of several relatively small equity weights.

Nippon India Small Cap Fund Direct Growth moved to an NAV of ₹209.9913 on 9 September 2026 after declining 0.51% during the valuation period. Small-cap funds predominantly invest in companies outside the large- and mid-cap classifications, which gives the portfolio a different market-cap composition from diversified large-cap-oriented schemes.

The latest three-year CAGR was approximately 14.84%. Recent performance data put the one-year return at 12.01% and the five-year CAGR at 19.57%. The five-year figure was therefore several percentage points above both the one-year reading and the latest three-year annualised number, though each return window captures a different entry point and market cycle.

The scheme had assets of around ₹78,957 crore. Its Direct Growth expense ratio was 0.69%. Minimum investment levels differed by route: a SIP could begin at ₹100, whereas the minimum lump-sum amount stood at ₹5,000. The stated exit load was 1% for units redeemed within one year, subject to the scheme's applicable conditions.

The portfolio was dispersed across many individual stocks. TREPS accounted for 2.59% of disclosed assets, followed by Bharat Heavy Electricals at 1.85%, TD Power Systems at 1.82%, Apar Industries at 1.73% and HDFC Bank at 1.71%. Those five disclosed entries together came to 9.70%, leaving the bulk of the portfolio outside the five largest listed positions.

Risk statistics included a beta of 0.86 and standard deviation of 5.53. The Sharpe ratio stood at 0.61 and alpha at 1.31. These figures are based on historical observations and should be read alongside the fund's category, portfolio construction and return period rather than in isolation.