SBI Small Cap Fund Direct Growth NAV Rises to ₹206.89 on 9 November 2026; TREPS Allocation at 14.82%

Key Takeaways

• SBI Small Cap Fund Direct Growth recorded a NAV of ₹206.89 on 9 November 2026, rising 0.56% over the previous valuation.
• The historical one-year return stood at 4.01%, while the three-year and five-year CAGRs were 11.20% and 12.21%, respectively.
• The latest portfolio showed TREPS at 14.82% as the largest overall disclosed allocation, with Ather Energy representing the largest listed equity holding at 4.48%.

SBI Small Cap Fund Direct Growth recorded a net asset value of ₹206.89 on 9 November 2026. The updated NAV card showed a one-day increase of 0.56%.

A notable feature of the disclosed portfolio was the relatively substantial TREPS allocation. At 14.82%, TREPS represented the largest overall disclosed entry. This is a money-market and liquidity exposure, not an equity investment.

Among listed companies, Ather Energy was the largest disclosed holding, accounting for 4.48% of assets. Navin Fluorine International followed at 3.61%, City Union Bank at 2.86% and Kalpataru Projects at 2.70%.

The combination of equity securities and short-term liquidity exposure is relevant to the scheme's overall portfolio composition. Cash-equivalent positions can affect how much of the portfolio is directly exposed to listed stock-market movements.

Historical returns showed a one-year gain of 4.01%. The scheme's three-year CAGR stood at 11.20%, compared with a five-year annualised return of 12.21%.

The fund's AUM was ₹41,059 crore, while its Direct Growth expense ratio stood at 0.81%. A minimum SIP of ₹500 and minimum lump-sum amount of ₹5,000 were displayed.

The published risk measurements included beta of 0.91, standard deviation of 5.17, alpha of 5.31 and a Sharpe ratio of 0.31.

Small-cap funds primarily invest in companies with relatively smaller market capitalisations. Their valuations, trading liquidity and business conditions can differ substantially from those of larger companies.

The fund's NAV also reflects expenses and portfolio-level adjustments, making it distinct from a simple percentage change in any single stock holding.

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