Small Cap Mutual Funds: Returns & NAV Today
NAVs as of · 38 schemes · Source: AMFI
Small Cap funds lost +2.22% on average on Friday, 23 October 2026 across 73 plans; 0 rose and 73 fell. Over the past week the category is −6.22%. The best performer was DSP Small Cap Fund - Direct Plan - Growth (−1.59%).
What are Small Cap funds?
Small cap funds keep at least 65% of their assets in small-cap stocks — companies ranked 251st and below by market capitalisation.
- Who they suit
- Long-horizon investors who can sit through deep, prolonged drawdowns without selling.
- Risk
- Very high — the most volatile diversified equity category.
Best and worst Small Cap funds today
Top 5 today
- 1 DSP Small Cap Fund - Direct Plan - Growth DSP · NAV ₹234.9270 -1.59%
- 2 Bajaj Finserv Small Cap Fund - Direct Plan - Growth Bajaj Finserv · NAV ₹10.4280 -1.60%
- 3 HDFC Small Cap Fund - Direct Plan - Growth Option HDFC · NAV ₹148.3940 -1.60%
- 4 Kotak Small Cap Fund - Direct Plan - Growth Kotak Mahindra · NAV ₹298.0420 -1.73%
- 5 SBI SMALL CAP FUND - Direct Plan - Growth SBI · NAV ₹194.1230 -1.80%
Bottom 5 today
- 1 Groww Small Cap Fund - Direct Plan - Growth Groww · NAV ₹11.7905 -2.90%
- 2 The Wealth Company Small Cap Fund - Direct Plan - Growth The Wealth Company · NAV ₹10.6729 -2.84%
- 3 HSBC Small Cap Fund HSBC · NAV ₹80.8863 -2.78%
- 4 HSBC Small Cap Fund HSBC · NAV ₹91.0389 -2.77%
- 5 Baroda BNP Paribas Small Cap Fund - Direct Plan - Growth Option Baroda BNP Paribas · NAV ₹13.4395 -2.65%
Small Cap fund NAV and returns — 23 Oct 2026
One row per scheme (direct plan), sorted by one-day return. A dash means there is not yet a NAV inside that horizon's window — never a zero.
| # | Scheme | NAV (₹) | 1D | 1W |
|---|---|---|---|---|
| 1 | DSP Small Cap Fund - Direct Plan - Growth DSP | 234.9270 | -1.59% | -5.91% |
| 2 | Bajaj Finserv Small Cap Fund - Direct Plan - Growth Bajaj Finserv | 10.4280 | -1.60% | -5.40% |
| 3 | HDFC Small Cap Fund - Direct Plan - Growth Option HDFC | 148.3940 | -1.60% | -4.30% |
| 4 | Kotak Small Cap Fund - Direct Plan - Growth Kotak Mahindra | 298.0420 | -1.73% | -5.32% |
| 5 | SBI SMALL CAP FUND - Direct Plan - Growth SBI | 194.1230 | -1.80% | -5.39% |
| 6 | LIC MF Small Cap Fund - Direct Plan - Growth LIC | 36.3411 | -1.84% | -6.23% |
| 7 | BANDHAN Small Cap Fund - Direct Plan - Growth Bandhan | 53.4610 | -1.91% | -5.38% |
| 8 | ICICI Prudential Small Cap Fund - Direct Plan - Growth ICICI Prudential | 95.0500 | -1.94% | -6.15% |
| 9 | Invesco India Small Cap Fund - Direct Plan - Growth Invesco | 49.2800 | -2.01% | -5.19% |
| 10 | Samco Small Cap Fund - Direct Plan - Growth Samco | 11.6000 | -2.03% | -6.30% |
| 11 | Edelweiss Small Cap Fund - Direct Plan - Growth Edelweiss | 48.3810 | -2.04% | -5.58% |
| 12 | Canara Robeco Small Cap Fund - Direct Plan - GROWTH OPTION Canara Robeco | 41.1300 | -2.05% | -6.05% |
| 13 | Axis Small Cap Fund - Direct Plan - Growth Option Axis | 124.6700 | -2.07% | -5.29% |
| 14 | PGIM India Small Cap Fund - Direct Plan - Direct Growth PGIM India | 18.3000 | -2.09% | -5.82% |
| 15 | Motilal Oswal Small Cap Fund - Direct Plan - Growth Motilal Oswal | 16.1908 | -2.12% | -5.88% |
| 16 | QUANTUM SMALL CAP FUND - Direct Plan - Growth Option Quantum | 12.8600 | -2.13% | -6.34% |
| 17 | Sundaram Small Cap Fund - Direct Plan - GROWTH Sundaram | 301.6175 | -2.15% | -6.15% |
| 18 | Sundaram Small Cap Fund - Direct Plan - GROWTH Sundaram | 37.1722 | -2.15% | -6.15% |
| 19 | TRUSTMF SMALL CAP FUND - Direct Plan - Growth Trust | 12.8000 | -2.22% | -5.88% |
| 20 | Tata Small Cap Fund - Direct Plan - Growth Option Tata | 40.6127 | -2.23% | -7.43% |
| 21 | Mirae Asset Small Cap Fund - Direct Plan - Growth Mirae Asset | 11.8110 | -2.26% | -5.99% |
| 22 | Mahindra Manulife Small Cap Fund - Direct Plan - Growth Mahindra Manulife | 21.6948 | -2.33% | -6.53% |
| 23 | Quant Small Cap Fund - Direct Plan - Growth Option quant | 295.2616 | -2.38% | -5.75% |
| 24 | Nippon India Small Cap Fund - Direct Plan - Growth Option Nippon India | 189.2104 | -2.39% | -6.46% |
| 25 | Franklin India Small Cap Fund - Direct Plan - Growth Franklin Templeton | 184.3617 | -2.40% | -6.18% |
| 26 | Union Small Cap Fund - Direct Plan - Growth Option Union | 60.5800 | -2.40% | -6.73% |
| 27 | Abakkus Small Cap Fund - Direct Plan - Growth Abakkus | 11.3670 | -2.40% | -6.48% |
| 28 | ITI Small Cap Fund - Direct Plan - Growth Option ITI | 34.5515 | -2.46% | -6.65% |
| 29 | BANK OF INDIA SMALL CAP FUND - Direct Plan - Growth Bank of India | 61.0300 | -2.46% | -7.50% |
| 30 | Helios Small Cap Fund - Direct Plan - Growth Helios | 10.5200 | -2.50% | -6.74% |
| 31 | UTI Small Cap Fund - Direct Plan - Growth UTI | 27.0764 | -2.51% | -5.97% |
| 32 | Aditya Birla Sun Life Small Cap Fund - Direct Plan - GROWTH Aditya Birla Sun Life | 103.7083 | -2.54% | -6.77% |
| 33 | JM Small Cap Fund - Direct Plan - Growth Option JM Financial | 10.7641 | -2.63% | -7.83% |
| 34 | Baroda BNP Paribas Small Cap Fund - Direct Plan - Growth Option Baroda BNP Paribas | 13.4395 | -2.65% | -6.17% |
| 35 | HSBC Small Cap Fund HSBC | 91.0389 | -2.77% | -7.12% |
| 36 | HSBC Small Cap Fund HSBC | 80.8863 | -2.78% | -7.14% |
| 37 | The Wealth Company Small Cap Fund - Direct Plan - Growth The Wealth Company | 10.6729 | -2.84% | -7.76% |
| 38 | Groww Small Cap Fund - Direct Plan - Growth Groww | 11.7905 | -2.90% | -7.03% |
Frequently asked questions
What is a Small Cap fund?
Small cap funds keep at least 65% of their assets in small-cap stocks — companies ranked 251st and below by market capitalisation.
Who should invest in Small Cap funds?
Long-horizon investors who can sit through deep, prolonged drawdowns without selling.
How risky are Small Cap funds?
Very high — the most volatile diversified equity category.
Which Small Cap fund performed best on 23 Oct 2026?
DSP Small Cap Fund - Direct Plan - Growth had the largest one-day gain at −1.59%, against a category average of −2.22%. One day of performance says little about long-term quality.
How many Small Cap funds are there?
AMFI's NAV file for 23 Oct 2026 lists 38 small cap funds (counting each scheme once, by its direct plan), and 142 plans across all plan and option variants.
Other equity categories
Category definitions summarise SEBI's mutual fund categorisation rules; check each scheme's documents for its exact mandate. NAVs are AMFI's official figures; returns are computed from NAV history held on this site. Past performance says nothing about future returns. This is education, not investment advice.