Nippon India Small Cap Fund Direct Growth NAV at ₹195.5458 on 22 October; 5-Year Return at 17.01%

Key Takeaways

• Nippon India Small Cap Fund Direct Growth recorded an exact NAV of ₹195.5458 for 22 October 2026.
• The five-year annualised return stood at 17.01%, while the latest 5paisa snapshot showed a fund size of ₹80,906 crore and an expense ratio of 0.69%.
• TD Power Systems was the largest disclosed equity holding at 1.88%, followed by Bharat Heavy Electricals, HDFC Bank, Apar and ACME Solar Holdings.

Nippon India Small Cap Fund Direct Growth recorded a NAV of ₹195.5458 for 22 October 2026. The exact valuation-date figure was verified through the permitted Value Research Direct Plan record after the refreshed 5paisa primary card remained dated 21 October at ₹195.55. Consequently, no one-day movement has been inferred for the 22 October NAV.

The scheme's five-year annualised return was 17.01% as of the requested valuation date. The latest available 5paisa snapshot showed a three-year CAGR of 12.56% and a one-year return of 2.48%. These historical return figures cover different measurement periods and should be considered separately from the single-day NAV reading.

The displayed 5paisa fund size was ₹80,906 crore and the Direct Growth expense ratio was 0.69%. Minimum SIP investment was ₹100, while the minimum lump-sum amount was ₹5,000. As a small-cap scheme, its investment mandate centres on smaller listed companies, a segment that can experience relatively pronounced market-price fluctuations.

The latest disclosed portfolio positions were relatively dispersed. TD Power Systems accounted for 1.88%, Bharat Heavy Electricals 1.77%, HDFC Bank 1.75%, Apar 1.74% and ACME Solar Holdings 1.33%. Together, these five disclosed positions represented 8.47% of the portfolio, leaving a substantial proportion spread across other securities.

NAV represents the per-unit value of the portfolio after accounting for the scheme's assets and liabilities. Changes in NAV therefore reflect changes in the value of the underlying portfolio as well as fund-level accounting items rather than a separate traded market price.