PGIM India Small Cap Fund
Small CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹18.56-1.22%1 day
- Return since launch
- 12.8%
- 52-week range
- ₹14.02 — ₹18.83
- AUM
- ₹1,794 Cr
PGIM India Small Cap Fund is a Small Cap equity fund from PGIM India Mutual Fund with ₹1,794 Cr under management, launched in 2021. Over three years it has returned 14.2% a year, against 15.6% for its category. The expense ratio is 2.38% and the SEBI riskometer reading is Very High.
Performance
PGIM India Small Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +13.0% against +11.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 26.1% | +14.1 pts | 12.0% | 21.6% |
| 2Y | 16.0% | +3.4 pts | 12.6% | 12.3% |
| 3Y | 14.2% | −1.4 pts | 15.6% | 11.5% |
| 5Y | 14.4% | −0.8 pts | 15.2% | 15.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.7% | −0.4 pts | -0.3% | -0.8% |
| 3M | 7.7% | +2.7 pts | 5.0% | 4.5% |
| 6M | 26.9% | +1.8 pts | 25.1% | 23.7% |
| 1Y | 13.0% | +0.9 pts | 12.0% | 11.5% |
| 2Y | 5.1% | +2.8 pts | 2.3% | 2.1% |
| 3Y | 15.5% | −0.1 pts | 15.6% | 14.9% |
| 5Y | 11.8% | −3.4 pts | 15.2% | 14.3% |
Since launch (9 Jul 2021): 12.8%
Calendar-year returns
Category average-5.3%
23.9%
19.5%
-0.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -0.5% | +2.8 pts | -3.3% |
| 2024 | 19.5% | −8.7 pts | 28.2% |
| 2023 | 23.9% | −18.9 pts | 42.8% |
| 2022 | -5.3% | −8.0 pts | 2.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.37%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.78%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.49%
- Exit load
- Exit load of 0.5%, if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Smallcap 250 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 3.17 | 7.64 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.77 | 0.90 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.62 | 0.82 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.96 | 1.18 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.59 | 20.27 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
PGIM India Small Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.4%
- Debt3.9%
Market cap split
- Large7.9%
- Mid18.2%
- Small73.9%
- P/E
- 42.54
- P/B
- 5.55
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| TBO Tek Ltd. | Services | 3.13% | ₹56.20 Cr | +1.41% | +1.37% | — |
| Sansera Engineering Ltd. | Automobile | 2.94% | ₹52.73 Cr | +2.72% | +2.35% | +1.22% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 2.85% | ₹51.17 Cr | +3.28% | +3.39% | +3.15% |
| Navin Fluorine International Ltd. | Chemicals | 2.81% | ₹50.38 Cr | +2.94% | +2.71% | +2.12% |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 2.59% | ₹46.51 Cr | +2.06% | — | — |
| Sai Life Sciences Ltd. | Healthcare | 2.46% | ₹44.12 Cr | +2.24% | +2.03% | +1.60% |
| Others | Others | 2.43% | ₹44.19 Cr | +7.74% | +4.36% | +5.04% |
| Affle 3I Ltd. | Technology | 2.40% | ₹42.97 Cr | +2.03% | +1.79% | +2.69% |
| City Union Bank Ltd. | Financial | 2.38% | ₹42.63 Cr | +1.54% | +1.48% | — |
| Karur Vysya Bank Ltd. | Financial | 2.29% | ₹40.99 Cr | +1.82% | +2.70% | +1.69% |
| Happy Forgings Ltd. | Metals & Mining | 2.26% | ₹40.48 Cr | +1.69% | +1.48% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.15% | ₹38.56 Cr | — | — | — |
| Amagi Media Labs Ltd. | Technology | 2.09% | ₹37.44 Cr | +1.61% | +0.95% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.94% | ₹34.74 Cr | +2.88% | +2.93% | +3.43% |
| company:17610 | Services | 1.93% | ₹34.67 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 1.63% | ₹29.31 Cr | +1.50% | +1.57% | +0.96% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 1.62% | ₹29.09 Cr | +1.40% | +1.80% | +2.02% |
| Sudeep Pharma Ltd. | Healthcare | 1.62% | ₹29.03 Cr | +1.14% | — | — |
| TD Power Systems Ltd. | Capital Goods | 1.58% | ₹28.28 Cr | — | — | — |
| Ather Energy Ltd. | Automobile | 1.56% | ₹27.91 Cr | +1.21% | +1.69% | +0.98% |
| Dr. Agarwal's Health Care Ltd. | Healthcare | 1.54% | ₹27.60 Cr | +1.66% | +1.63% | +1.49% |
| DOMS Industries Ltd. | Consumer Staples | 1.53% | ₹27.40 Cr | +1.90% | +2.46% | +2.28% |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 1.51% | ₹27.11 Cr | +1.16% | +1.16% | — |
| Welspun Corp Ltd. | Metals & Mining | 1.50% | ₹26.85 Cr | +0.99% | — | — |
| JK Cement Ltd. | Materials | 1.48% | ₹26.60 Cr | +1.19% | +1.37% | +1.87% |
| Computer Age Management Services Ltd. | Services | 1.44% | ₹25.91 Cr | +1.26% | — | — |
| Vishal Mega Mart Ltd. | Services | 1.39% | ₹24.89 Cr | +1.99% | +2.02% | +2.14% |
| CCL Products (India) Ltd. | Consumer Staples | 1.36% | ₹24.35 Cr | +1.52% | +1.88% | +2.66% |
| Can Fin Homes Ltd. | Financial | 1.36% | ₹24.34 Cr | — | — | — |
| Sagility Ltd. | Services | 1.36% | ₹24.35 Cr | +1.38% | +1.40% | +2.58% |
| Kusumgar Ltd. | Textiles | 1.35% | ₹24.22 Cr | — | — | — |
| SJS Enterprises Ltd. | Automobile | 1.35% | ₹24.23 Cr | +1.36% | — | — |
| Solar Industries India Ltd. | Chemicals | 1.28% | ₹23.05 Cr | +2.32% | +2.94% | +2.87% |
| Eternal Ltd. | Services | 1.26% | ₹22.67 Cr | +1.34% | +1.13% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.26% | ₹22.62 Cr | +1.61% | +1.45% | +2.36% |
| KSB Ltd. | Capital Goods | 1.25% | ₹22.43 Cr | +0.91% | — | — |
| Container Corporation Of India Ltd. | Services | 1.23% | ₹22.04 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | 1.21% | ₹21.78 Cr | +0.90% | +1.19% | +1.13% |
| K.P.R. Mill Ltd. | Textiles | 1.20% | ₹21.54 Cr | +1.13% | +1.07% | — |
| Urban Company Ltd. | Consumer Staples | 1.20% | ₹21.51 Cr | +0.84% | +0.79% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.18% | ₹21.08 Cr | +1.34% | — | — |
| Anthem Biosciences Ltd. | Healthcare | 1.17% | ₹20.92 Cr | +1.41% | +1.06% | +0.65% |
| Exide Industries Ltd. | Capital Goods | 1.17% | ₹20.91 Cr | — | — | — |
| company:17109 | Services | 1.15% | ₹20.59 Cr | — | — | — |
| Data Patterns (India) Ltd. | Capital Goods | 1.10% | ₹19.75 Cr | +2.02% | +1.91% | +1.36% |
| Triveni Turbine Ltd. | Construction | 1.09% | ₹19.49 Cr | +2.31% | +1.60% | +1.62% |
| company:20770 | Capital Goods | 1.07% | ₹19.12 Cr | — | — | — |
| Praj Industries Ltd. | Capital Goods | 1.06% | ₹19.10 Cr | +1.35% | — | — |
| Sundaram Finance Ltd. | Financial | 1.06% | ₹19.00 Cr | +1.12% | +1.55% | — |
| AU Small Finance Bank Ltd. | Financial | 1.05% | ₹18.88 Cr | +1.09% | +1.12% | — |
| Abbott India Ltd. | Healthcare | 1.05% | ₹18.80 Cr | — | — | — |
| Timken India Ltd. | Capital Goods | 1.05% | ₹18.88 Cr | +1.68% | +1.69% | +1.22% |
| ICICI Bank Ltd. | Financial | 1.03% | ₹18.55 Cr | +0.87% | — | — |
| MTAR Technologies Ltd. | Capital Goods | 1.02% | ₹18.26 Cr | +2.63% | +1.77% | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.00% | ₹17.95 Cr | +0.67% | — | — |
| company:20795 | Technology | 1.00% | ₹17.87 Cr | — | — | — |
| Jindal Steel Ltd. | Metals & Mining | 0.98% | ₹17.61 Cr | +1.14% | — | — |
| Infosys Ltd. | Technology | 0.96% | ₹17.21 Cr | — | — | — |
| Blue Star Ltd. | Consumer Discretionary | 0.95% | ₹17.06 Cr | +1.37% | +1.94% | +2.52% |
| Home First Finance Company India Ltd. | Financial | 0.92% | ₹16.46 Cr | +0.96% | +1.39% | +1.50% |
| Inventurus Knowledge Solutions Ltd. | Services | 0.92% | ₹16.48 Cr | +1.02% | +0.88% | — |
| BlackBuck Ltd. | Services | 0.90% | ₹16.22 Cr | +0.89% | +1.07% | +1.12% |
| Eureka Forbes Ltd. | Metals & Mining | 0.81% | ₹14.54 Cr | +0.95% | +1.43% | +2.15% |
| Orchid Pharma Ltd. | Healthcare | 0.76% | ₹13.67 Cr | +0.71% | — | — |
| Capillary Technologies India Ltd. | Technology | 0.73% | ₹13.07 Cr | +0.86% | +0.91% | — |
| Bharat Rasayan Ltd. | Chemicals | 0.72% | ₹12.90 Cr | +0.96% | +1.05% | +1.68% |
| Awfis Space Solutions Ltd. | Services | 0.67% | ₹11.94 Cr | +0.96% | +0.91% | +2.20% |
| Brigade Enterprises Ltd. | Construction | 0.66% | ₹11.91 Cr | +0.57% | +0.63% | +0.81% |
| company:1457 | Consumer Staples | 0.59% | ₹10.57 Cr | — | — | — |
| Pfizer Ltd. | Healthcare | 0.31% | ₹5.49 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.14% | ₹2.48 Cr | +0.16% | +0.16% | +0.41% |
| company:950 | Healthcare | 0.01% | ₹0.11 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:17610 | 0.00% | 1.93% | +1.93% |
| Aster DM Quality Care Ltd. | 1.80% | 0.00% | -1.80% |
| company:17109 | 0.00% | 1.15% | +1.15% |
| Others | 2.66% | 3.79% | +1.13% |
| company:20770 | 0.00% | 1.07% | +1.07% |
| Schneider Electric Infrastructure Ltd. | 1.02% | 0.00% | -1.02% |
| company:20795 | 0.00% | 1.00% | +1.00% |
| Amagi Media Labs Ltd. | 2.84% | 2.09% | -0.75% |
| company:1457 | 0.00% | 0.59% | +0.59% |
| Tega Industries Ltd. | 0.55% | 0.00% | -0.55% |
| Gillette India Ltd. | 0.46% | 0.00% | -0.46% |
| Torrent Pharmaceuticals Ltd. | 2.59% | 2.15% | -0.44% |
| Blue Star Ltd. | 1.36% | 0.95% | -0.41% |
| Krishna Institute of Medical Sciences Ltd | 3.26% | 2.85% | -0.41% |
| Welspun Corp Ltd. | 1.11% | 1.50% | +0.39% |
| Happy Forgings Ltd. | 1.88% | 2.26% | +0.38% |
| Sudeep Pharma Ltd. | 1.26% | 1.62% | +0.36% |
| TD Power Systems Ltd. | 1.23% | 1.58% | +0.35% |
| Ather Energy Ltd. | 1.22% | 1.56% | +0.34% |
| Sansera Engineering Ltd. | 2.62% | 2.94% | +0.32% |
| Radico Khaitan Ltd. | 1.56% | 1.26% | -0.30% |
| Eternal Ltd. | 1.51% | 1.26% | -0.25% |
| Vishal Mega Mart Ltd. | 1.64% | 1.39% | -0.25% |
| Sagility Ltd. | 1.60% | 1.36% | -0.24% |
| Clean Max Enviro Energy Solutions Ltd. | 1.74% | 1.51% | -0.23% |
| JK Cement Ltd. | 1.69% | 1.48% | -0.21% |
| CCL Products (India) Ltd. | 1.56% | 1.36% | -0.20% |
| Urban Company Ltd. | 1.00% | 1.20% | +0.20% |
| 360 One Wam Ltd. | 1.44% | 1.63% | +0.19% |
| Navin Fluorine International Ltd. | 2.63% | 2.81% | +0.18% |
| SEDEMAC Mechatronics Ltd. | 2.41% | 2.59% | +0.18% |
| TBO Tek Ltd. | 2.95% | 3.13% | +0.18% |
| Lenskart Solutions Ltd. | 1.34% | 1.18% | -0.16% |
| Abbott India Ltd. | 1.21% | 1.05% | -0.16% |
| Computer Age Management Services Ltd. | 1.30% | 1.44% | +0.14% |
| Can Fin Homes Ltd. | 1.23% | 1.36% | +0.13% |
| Inventurus Knowledge Solutions Ltd. | 1.05% | 0.92% | -0.13% |
| MTAR Technologies Ltd. | 0.89% | 1.02% | +0.13% |
| DOMS Industries Ltd. | 1.66% | 1.53% | -0.13% |
| Container Corporation Of India Ltd. | 1.35% | 1.23% | -0.12% |
| KSB Ltd. | 1.13% | 1.25% | +0.12% |
| Karur Vysya Bank Ltd. | 2.41% | 2.29% | -0.12% |
| Triveni Turbine Ltd. | 1.21% | 1.09% | -0.12% |
| Exide Industries Ltd. | 1.28% | 1.17% | -0.11% |
| Ujjivan Small Finance Bank Ltd. | 1.11% | 1.00% | -0.11% |
| Sundaram Finance Ltd. | 1.17% | 1.06% | -0.11% |
| Awfis Space Solutions Ltd. | 0.77% | 0.67% | -0.10% |
| Eureka Forbes Ltd. | 0.91% | 0.81% | -0.10% |
| City Union Bank Ltd. | 2.29% | 2.38% | +0.09% |
| Sai Life Sciences Ltd. | 2.37% | 2.46% | +0.09% |
| Home First Finance Company India Ltd. | 1.00% | 0.92% | -0.08% |
| Timken India Ltd. | 1.13% | 1.05% | -0.08% |
| Bharat Rasayan Ltd. | 0.79% | 0.72% | -0.07% |
| Orchid Pharma Ltd. | 0.83% | 0.76% | -0.07% |
| Capillary Technologies India Ltd. | 0.79% | 0.73% | -0.06% |
| ICICI Bank Ltd. | 1.09% | 1.03% | -0.06% |
| Infosys Ltd. | 1.02% | 0.96% | -0.06% |
| Kusumgar Ltd. | 1.29% | 1.35% | +0.06% |
| K.P.R. Mill Ltd. | 1.15% | 1.20% | +0.05% |
| AU Small Finance Bank Ltd. | 1.09% | 1.05% | -0.04% |
| Anthem Biosciences Ltd. | 1.13% | 1.17% | +0.04% |
| Mrs. Bectors Food Specialities Ltd. | 1.58% | 1.62% | +0.04% |
| SJS Enterprises Ltd. | 1.39% | 1.35% | -0.04% |
| Brigade Enterprises Ltd. | 0.63% | 0.66% | +0.03% |
| Max Financial Services Ltd. | 1.24% | 1.21% | -0.03% |
| Multi Commodity Exchange Of India Ltd. | 1.97% | 1.94% | -0.03% |
| Pfizer Ltd. | 0.34% | 0.31% | -0.03% |
| Praj Industries Ltd. | 1.03% | 1.06% | +0.03% |
| Data Patterns (India) Ltd. | 1.12% | 1.10% | -0.02% |
| Solar Industries India Ltd. | 1.26% | 1.28% | +0.02% |
| BlackBuck Ltd. | 0.89% | 0.90% | +0.01% |
| Jindal Steel Ltd. | 0.97% | 0.98% | +0.01% |
| company:950 | 0.00% | 0.01% | +0.01% |
| Reserve Bank of India | 0.15% | 0.14% | -0.01% |
| Affle 3I Ltd. | 2.39% | 2.40% | +0.01% |
| Dr. Agarwal's Health Care Ltd. | 1.54% | 1.54% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹12,460 Cr | 2.03% | 30.3% | 16.8% | 21.5% |
 Bandhan Small Cap Fund | ₹34,176 Cr | 1.72% | 20.0% | 15.6% | 22.0% |
 Invesco India Small Cap Fund | ₹15,744 Cr | 1.83% | 24.4% | 16.2% | 20.6% |
 Mahindra Manulife Small Cap Fund | ₹5,468 Cr | 2.19% | 28.0% | 14.7% | — |
 ITI Small Cap Fund | ₹3,603 Cr | 2.22% | 34.0% | 18.0% | 22.1% |
 Bank of India Small Cap Fund | ₹3,307 Cr | 2.18% | 45.2% | 19.7% | 21.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.
Fund managers
- Puneet PalMr. Pal is a B.Com (H) and MBA from SIBM Pune.Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
- Utsav MehtaMr. Mehta has done B.Com and CFAPrior to joining PGIM Mutual Fund, he has worked with Edelweiss Asset Management Ltd and Ambit Capital
- Vinay PahariaMr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.Prior to joining PGIM India Mutual Fund, he was associated with Union Mutual Fund, Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
- Vivek SharmaMr. Sharma is a PGDM FinancePrior to joining PGIM India Asset Management Pvt. Ltd. - Equity Analyst and Asst. Fund Manager, he has worked with ICICI Securities Ltd. - Equity Analyst and JP Morgan Services India Pvt. Ltd.- Associate - Investment Banking.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months26.86% absolute | ₹60,000 | ₹76,116 | 26.86% | |
| 1 year12.96% annualised | ₹1,20,000 | ₹1,28,767 | 7.31% | |
| 3 years15.52% annualised | ₹3,60,000 | ₹4,60,693 | 27.97% | |
| 5 years11.81% annualised | ₹6,00,000 | ₹8,20,550 | 36.76% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of PGIM India Small Cap Fund?
The NAV of PGIM India Small Cap Fund is ₹18.56 as on 24 Sep 2026.
What is the expense ratio of PGIM India Small Cap Fund?
The expense ratio of PGIM India Small Cap Fund is 2.38% per year.
What is the minimum SIP amount for PGIM India Small Cap Fund?
You can start a SIP in PGIM India Small Cap Fund with ₹3,000 a month.
What returns has PGIM India Small Cap Fund given?
PGIM India Small Cap Fund has returned 26.1% over 1 year, 14.2% over 3 years and 14.4% over 5 years (annualised).
Is there a lock-in or exit load on PGIM India Small Cap Fund?
Lock-in: None. Exit load: Exit load of 0.5%, if redeemed within 90 days..
How risky is PGIM India Small Cap Fund?
PGIM India Small Cap Fund is rated Very High on the SEBI riskometer and belongs to the Small Cap category.
Which fund house manages PGIM India Small Cap Fund?
PGIM India Small Cap Fund is managed by PGIM India Mutual Fund, which runs 25 schemes with ₹26,640 Cr under management.