Tata Small Cap Fund Direct Growth NAV Gains 1.35% to ₹44.88 on 17 September; 5-Year CAGR at 15.41%

Key Takeaways

• Tata Small Cap Fund Direct Growth NAV gained 1.35% to ₹44.88 on 17 September 2026. This was one of the larger one-day NAV increases within the small-cap set. 
• The latest one-year return remained negative at -2.07%, whereas the three-year and five-year CAGRs stood at 12.06% and 15.41%. The five-year annualised figure was 17.48 percentage points above the latest one-year result. 
• Sudarshan Chemical Industries was the largest disclosed holding at 4.83%. The five largest positions together represented 21.17% of the portfolio, with none carrying a weight above 5%. 
• The scheme managed approximately ₹13,094 crore and had a Direct Growth expense ratio of 0.51%. The minimum SIP was ₹100 and the minimum lump-sum amount was ₹5,000. 

Tata Small Cap Fund Direct Growth NAV increased 1.35% to ₹44.88 on 17 September 2026. The fund's three-year CAGR stood at 12.06%. Its fund size was approximately ₹13,094 crore, with the Direct Growth expense ratio at 0.51%. The minimum SIP was ₹100 and the minimum lump-sum investment ₹5,000. 

The latest one-year return was -2.07%. Over three years, the scheme delivered an annualised return of 12.06%, followed by a five-year CAGR of 15.41%. The five-year figure exceeded the one-year return by 17.48 percentage points and was 3.35 percentage points above the three-year CAGR. 

Sudarshan Chemical Industries represented 4.83% of the portfolio. Kirloskar Pneumatic followed at 4.58%, Usha Martin at 4.42%, IDFC First Bank at 3.92% and Godrej Industries at 3.42%. Collectively, those five holdings accounted for 21.17%, leaving 78.83% across the rest of the portfolio. 

Historical beta stood at 0.87 and standard deviation at 5.75. Alpha was -2.32, while the Sharpe ratio stood at 0.41. These measurements describe historical risk and return relationships and do not indicate how the scheme will perform in future periods. 

The fund predominantly invests in small-cap companies. Its leading disclosed positions were relatively balanced in size, with no individual holding above 5%. The longer-period return figures also remained materially above the latest one-year performance. 

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