SBI Small Cap Fund Direct Growth NAV Edges Up to ₹211.56 on 17 September; 5-Year CAGR at 14.16%

Key Takeaways

• SBI Small Cap Fund Direct Growth NAV edged 0.14% higher to ₹211.56 on 17 September 2026. The daily movement was relatively small compared with several other small-cap schemes.
• Historical returns stood at 4.82% over one year, 11.33% annualised over three years and 14.16% over five years. The five-year figure exceeded the one-year return by 9.34 percentage points.
• TREPS represented the largest disclosed portfolio allocation at 10.95%. Ather Energy was the largest listed equity holding at 4.71%, followed by Navin Fluorine International.
• The scheme managed approximately ₹42,631 crore and carried a Direct Growth expense ratio of 0.78%. The minimum SIP was ₹500 and the lump-sum minimum was ₹5,000.

SBI Small Cap Fund Direct Growth NAV stood at ₹211.56 on 17 September 2026 after edging 0.14% higher. The scheme's three-year CAGR was 11.33%. Assets under management were approximately ₹42,631 crore and the Direct Growth expense ratio stood at 0.78%. The minimum SIP was ₹500, while the minimum lump-sum investment was ₹5,000.

The latest one-year return came in at 4.82%. The annualised figure increased to 11.33% over three years and 14.16% over five years. This placed the five-year CAGR 9.34 percentage points above the latest one-year return. It also exceeded the three-year result by 2.83 percentage points.

TREPS accounted for 10.95% of the portfolio and remained the largest disclosed overall allocation. Among listed equities, Ather Energy was the largest position at 4.71%. Navin Fluorine International accounted for 3.32%, while City Union Bank and Sundram Fasteners each represented 2.82%. Including TREPS, the five leading disclosed entries accounted for 24.62%.

Historical beta was 0.95 and standard deviation stood at 5.02. Alpha was 7.31, while the Sharpe ratio came in at 0.50. These are historical statistics rather than indicators of future NAV levels or returns.

The portfolio primarily invests in small-cap companies. One notable numerical feature is the size of TREPS relative to the leading equity holdings: its 10.95% weight was more than double Ather Energy's 4.71% allocation. The remaining 75.38% of assets sat outside those five disclosed entries.