Nippon India Small Cap Fund Direct Growth NAV Falls to ₹200.94 on 8 October 2026; Five-Year CAGR at 16.97%

Key Takeaways

• Nippon India Small Cap Fund Direct Growth recorded a NAV of ₹200.94 on 8 October 2026, declining 2.32% over the day.
• Historical returns stood at 6.68% over one year, 13.77% annualised over three years and 16.97% annualised over five years.
• The latest displayed fund size was ₹82,580 crore, with a Direct Growth expense ratio of 0.69%.
• TREPS was the largest overall disclosed allocation at 2.59%, while BHEL was the largest listed equity holding at 1.85%.

Nippon India Small Cap Fund Direct Growth recorded a NAV of ₹200.94 on 8 October 2026. Its primary NAV card showed a one-day decline of 2.32%. The exact valuation date appears alongside the NAV, distinguishing this figure from older values that may remain elsewhere on the scheme page.

The portfolio snapshot included both listed equities and a short-term liquidity position. TREPS accounted for 2.59%, making it the largest overall disclosed allocation. BHEL was the largest listed equity holding at 1.85%. TD Power Systems followed at 1.82%, Apar Industries at 1.73%, and HDFC Bank at 1.71%.

Together, these five disclosed entries represented 9.70% of the portfolio, including TREPS. The four listed equity positions alone totalled 7.11%. Keeping the two calculations separate prevents the liquidity allocation from being treated as a stock holding.

TREPS is a money-market exposure rather than a listed company. Its presence within the portfolio does not change the scheme’s small-cap equity classification. The stated objective prioritises long-term capital appreciation through small-cap equity and equity-related instruments, with debt and money-market securities also forming part of its permitted approach.

Historical performance remained positive across the displayed one-, three- and five-year periods. The one-year return stood at 6.68%, three-year CAGR at 13.77%, and five-year CAGR at 16.97%. The five-year annualised figure exceeded the three-year figure by 3.20 percentage points. These period returns do not identify the cause of the single-day NAV decline.

The latest fund-size display was ₹82,580 crore. Direct Growth expenses were shown at 0.69%, with a minimum SIP of ₹100 and a minimum lump-sum amount of ₹5,000. These are the latest displayed operating details, rather than independently dated measures of assets or costs for the valuation day.

The holdings list is a partial portfolio view. It cannot establish full small-cap allocation, complete sector exposure or stock-level daily performance attribution without additional verified information.