HDFC Small Cap Fund

Overview

HDFC Small Cap Fund is an open-ended equity mutual fund scheme that primarily invests in small-cap stocks, aiming to provide long-term capital appreciation and income. The fund follows a predominantly small-cap strategy with a minimum exposure of 65% to small-cap companies, seeking to build a portfolio of companies with reasonable growth prospects, sound financial strength, sustainable business models, and acceptable valuations that offer potential for capital appreciation. The fund is managed by Chirag Setalvad, who has over 16 years of experience in fund management and equity research. As of December 31, 2025, the fund's assets under management (AUM) stood at approximately ₹37,753 crore. The fund's expense ratio is 1.54%, which is higher than what most other small-cap funds charge. The risk level of the fund is classified as very high, reflecting the inherent volatility associated with small-cap investments. Investors can invest in the fund through lump sum or systematic investment plan (SIP) options, with a minimum investment amount of ₹100. The fund is benchmarked against the BSE 250 Small Cap Index TRI, and its performance is evaluated based on its ability to generate long-term capital appreciation and income by investing predominantly in small-cap companies. The fund's portfolio is diversified across various sectors, including services, financial, healthcare, capital goods, and automobile, among others, to mitigate risk and capitalize on growth opportunities in different industries.

Investment Focus

• Investment options: Lump sum, SIP

Portfolio Companies