SBI Small Cap Fund Direct Growth NAV Declines to ₹203.90 on 8 October 2026; TREPS Allocation at 10.95%

Key Takeaways

• SBI Small Cap Fund Direct Growth recorded a NAV of ₹203.90 on 8 October 2026, declining 2.01% over the valuation day.
• The one-year return was 4.10%, with three- and five-year annualised returns of 10.32% and 12.25%.
• TREPS was the largest overall disclosed allocation at 10.95%, while Ather Energy was the largest listed equity holding at 4.71%.
• The latest displayed fund size was ₹42,631 crore, with a Direct Growth expense ratio of 0.8%.

A sizeable liquidity entry featured in the latest SBI Small Cap Fund Direct Growth portfolio snapshot. TREPS accounted for 10.95%, exceeding each of the listed equity positions shown on the page. It is a short-term money-market exposure and must be distinguished from stock holdings.

For the valuation day of 8 October 2026, the scheme’s primary NAV card recorded ₹203.90. The displayed one-day movement was -2.01%. This is the verified Direct Growth unit value for the requested date, rather than a value inferred from a percentage change.

Ather Energy was the largest listed equity holding in the visible portfolio at 4.71%. Navin Fluorine International followed at 3.32%, with City Union Bank and Sundram Fasteners at 2.82% each. These four equities represented 13.67% in total.

Including TREPS, the five disclosed entries added up to 24.62%. The calculation describes concentration across a mixture of liquidity and equity exposures. It does not mean that five stocks accounted for that proportion, nor does it establish the full asset allocation of the scheme.

The one-year return stood at 4.10% in the performance section dated 8 October. Three-year CAGR was 10.32%, and five-year annualised performance was 12.25%. The five-year figure exceeded the three-year figure by 1.93 percentage points. Positive historical period returns can coexist with a decline on an individual valuation day.

The latest fund-size display showed ₹42,631 crore. Direct Growth expenses were listed at 0.8%, with a minimum SIP of ₹500 and minimum lump-sum amount of ₹5,000. These are the latest displayed terms; they do not independently establish transaction availability or acceptance conditions.

SBI Small Cap’s stated objective involves long-term capital growth through a diversified basket of small-cap equity stocks. The liquidity position forms part of the wider portfolio, but its weight alone does not reveal the manager’s reasons for holding it or explain the day’s NAV movement.