HDFC Small Cap Fund vs Nippon India Small Cap Fund
Over the last 3 years, Nippon India Small Cap Fund returned 13.9% a year against 9.7% for HDFC Small Cap Fund (Direct plans). Nippon India Small Cap Fund costs less (0.69% a year, Direct). They hold 30 stocks in common; the portfolio overlap is 11%. Data as of 5 Nov 2026.
| HDFC Small Cap Fund | Nippon India Small Cap Fund | |
|---|---|---|
| Category | Small Cap | Small Cap |
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Benchmark (TRI) | Nifty Smallcap 250 | Nifty Smallcap 250 |
| Age | 12.4 years | 13.8 years |
| AUM | ₹41,670 cr | ₹80,841 cr |
| Direct plan | ||
| Rating | B | A |
| Expense ratio | 0.80% | 0.69% |
| 1Y return | -6.7% | 4.1% |
| 3Y return (a year) | 9.7% | 13.9% |
| 5Y return (a year) | 13.3% | 17.5% |
| 3Y vs index | -3.7% | +0.5% |
| Regular plan | ||
| Rating | B | A |
| Expense ratio | 1.57% | 1.41% |
| 1Y return | -7.4% | 3.4% |
| 3Y return (a year) | 8.7% | 13.0% |
| 5Y return (a year) | 12.3% | 16.6% |
| 3Y vs index | -4.6% | -0.4% |
| Risk and portfolio | ||
| Volatility, 3Y | 17.3% | 17.6% |
| Max fall, 5Y | -22.6% | -24.2% |
| Down capture, 3Y | 78 | 79 |
| Stocks held | 85 | 256 |
| Top 10 holdings | 25% | 15% |
Common questions
HDFC Small Cap Fund or Nippon India Small Cap Fund: which has done better?
Over the last 3 years, Nippon India Small Cap Fund returned 13.9% a year against 9.7% for HDFC Small Cap Fund (Direct plans).
How much do HDFC Small Cap Fund and Nippon India Small Cap Fund overlap?
They hold 30 stocks in common; the portfolio overlap is 11%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.