Tata Small Cap Fund Direct Growth NAV Gains to ₹45.79 on 21 September; Top Five Holdings at 21.17%

Key Takeaways

• Tata Small Cap Fund Direct Growth NAV gained 0.90% to ₹45.79 on 21 September 2026. 
• The latest one-year return was -0.67%, compared with a three-year CAGR of 13.31% and a five-year CAGR of 16.16%. 
• Sudarshan Chemical, Kirloskar Pneumatic, Usha Martin, IDFC First Bank and Godrej Industries together accounted for 21.17%. 

Tata Small Cap Fund Direct Growth NAV rose 0.90% to ₹45.79 on 21 September 2026. The scheme had assets of approximately ₹13,094 crore and a Direct Growth expense ratio of 0.51%. The minimum SIP was ₹100, whereas the minimum lump-sum investment was ₹5,000. 

The latest one-year return remained slightly negative at -0.67%. Longer measurement periods showed different outcomes: the three-year CAGR stood at 13.31%, and the five-year annualised return was 16.16%. The five-year figure exceeded the three-year CAGR by 2.85 percentage points and the one-year return by 16.83 percentage points. 

Sudarshan Chemical Industries was the largest disclosed holding at 4.83%. Kirloskar Pneumatic accounted for 4.58%, Usha Martin for 4.42%, IDFC First Bank for 3.92% and Godrej Industries for 3.42%. Combined, those five positions represented 21.17% of the portfolio. The other 78.83% was distributed among remaining holdings and portfolio components. 

The available risk statistics showed alpha at -2.32, standard deviation at 5.75, beta at 0.87 and Sharpe ratio at 0.41. These measures describe historical performance and variability over the underlying calculation window. A negative historical alpha, for example, does not by itself determine subsequent NAV direction. 

Small-cap funds invest predominantly in companies outside the large- and mid-cap universe. The disclosed exit load for this scheme was 0.50% for applicable redemptions made within 30 days, with no exit load after that period. For the 21 September snapshot, the 0.90% daily NAV rise sits alongside a much more varied set of one-, three- and five-year historical returns. 

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