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Nippon India Small Cap Fund
Nippon India Small Cap Fund is a mutual fund offered by Nippon India Mutual Fund. It falls under the category of Small Cap funds. This fund invests in stocks of companies that are ranked 251st onwards in terms of full market capitalization. They are designed to provide investors exposure to small-sized companies.
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- Nippon India Small Cap Fund
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About Nippon India Small Cap Fund
Nippon India Small Cap Fund is a Small Cap fund. This fund was launched on 16 September, 2013 and has been in operation for 10 years. The Assets Under Management (AUM) of Nippon India Small Cap Fund are ₹78,956.77 Crores as of 3rd September 2026 and the current NAV is ₹208.36.
The returns of the last 1 year are 10.95%. The Nippon India Small Cap Fund has consistently outperformed by delivering 24.0% average annual returns.
Highlights of Nippon India Small Cap Mutual Fund:
- The minimum investment for Nippon India Small Cap Fund is ₹100 (SIP).
- The majority of the fund’s money invested in Capital Goods, Financial, Chemicals, Services, Consumer Staples Sectors, etc.
- The top 5 holdings of the fund are in Repo, HDFC Bank Ltd, Bharat Heavy Electricals Ltd, Apar Industries Ltd, Karur Vysya Bank Ltd
- Nippon India Small Cap Fund is suitable for investors looking for long term wealth creation and aims to invest in equity and equity related instruments of small cap companies.
Key Information about Nippon India Small Cap Fund
| Fund House | Nippon India Mutual Fund |
| Date of Incorporation | 16 September 2010 |
| Total AUM | ₹78,956.77 Cr |
| Fund Benchmark | Nifty Small Cap 250 Total Return Index |
| NAV of the Fund | ₹208.36 |
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.69% |
| Returns since inception | 24.0% p.a. |
| Risk Level | Very High |
| Investment Objective | The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies. |
| Top Fund Managers | Mr. Amber Singhania - Tenure: March 2026 - Present
Mr. Samir Rachh - Tenure: Jan 2017 - Present |
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Performance of Nippon India Small Cap Fund
Following is the performance of the fund over the years:
| As oF 3rd September 2026 | 3 Years | 5 Years | 10 Years | All |
| Fund Returns | 15.6% | 19.6% | 21.3% | 24.0% |
| Category Average | 19.7% | 22.6% | 16.1% | NA |
What are the Top 10 Holdings of the Nippon India Small Cap Fund?
The top 10 holdings of the Nippon India Small Cap Fund as of September 3rd, 2026 are:
| Name | Assets |
| Repo | 2.40% |
| HDFC Bank Ltd | 1.89% |
| Bharat Heavy Electricals Ltd | 1.78% |
| Apar Industries Ltd | 1.53% |
| Karur Vysya Bank Ltd | 1.38% |
| TD Power Systems Ltd | 1.38% |
| State Bank of India | 1.30% |
| Zydus Wellness Ltd | 1.25% |
| ACME Solar Holdings Ltd. | 1.12% |
| Sai Life Sciences Ltd. | 1.09% |
What is the Equity Sector Allocation by Weightage?
Equity sector allocation by weightage is the percentage of a portfolio that is invested in each of the major equity sectors. The equity sector allocation for Nippon India Small Cap Fund by weightage as of 3rd September, 2026 are:
| Sector | Allocation |
| Industrials | 23.86% |
| Financial | 17.17% |
| Consumer Discretionary | 15.26% |
| Materials | 13.72% |
| Healthcare | 9.98% |
| Consumer Staples | 9.25% |
| Technology | 4.73% |
| Energy & Utilities | 3.85% |
| Diversified | 1.67% |
| Real Estate | 0.51% |
What is the Expense Ratio, Exit Load and Taxation of the Nippon India Small Cap Fund?
| Category | Percentage/Details |
| Expense Ratio | 0.69% (Inclusive of GST) |
| Exit Load | 1% (If redeemed within 1 year) |
| Stamp Duty | 0.005% (from July 1st, 2020) |
FAQs
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What is the yearly return of Nippon India Small Cap Fund?
The yearly return of the Nippon India Small Cap Fund is 24.0% -
What is the AUM of Nippon India Small Cap Fund Direct Growth?
The AUM of the fund as of 3rd September 2026 is ₹78,956.77 Cr.
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*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.