SBI Small Cap Fund
Small CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹178.88+0.55%1 day
- Return since launch
- 18.2%
- 52-week range
- ₹146.95 — ₹188.44
- AUM
- ₹39,203 Cr
SBI Small Cap Fund is a Small Cap equity fund from SBI Mutual Fund with ₹39,203 Cr under management, launched in 2009. Over three years it has returned 5.2% a year, against 12.9% for its category. The expense ratio is 1.61% and the SEBI riskometer reading is Very High.
Performance
SBI Small Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.5% against +7.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.7% | +1.5 pts | 8.2% | 12.1% |
| 2Y | 5.6% | −3.7 pts | 9.2% | 8.5% |
| 3Y | 5.2% | −7.8 pts | 12.9% | 8.0% |
| 5Y | 10.0% | −3.1 pts | 13.2% | 13.2% |
| 7Y | 15.3% | −3.6 pts | 19.0% | 17.8% |
| 10Y | 16.0% | +0.1 pts | 15.9% | 16.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | +0.9 pts | -0.8% | -1.0% |
| 3M | -3.0% | −0.5 pts | -2.5% | -3.0% |
| 6M | 5.4% | −0.5 pts | 5.9% | 5.0% |
| 1Y | 4.6% | −3.6 pts | 8.2% | 7.6% |
| 2Y | 0.6% | −3.0 pts | 3.6% | 2.9% |
| 3Y | 10.2% | −2.7 pts | 12.9% | 12.5% |
| 5Y | 10.9% | −2.3 pts | 13.2% | 12.4% |
| 7Y | 18.8% | −3.2 pts | 22.1% | 19.8% |
| 10Y | 16.5% | +0.6 pts | 15.9% | 14.2% |
Since launch (27 Jul 2009): 18.2%
Calendar-year returns
Category average33.6%
47.6%
8.1%
25.3%
24.1%
-4.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -4.9% | −1.6 pts | -3.3% |
| 2024 | 24.1% | −4.0 pts | 28.2% |
| 2023 | 25.3% | −17.5 pts | 42.8% |
| 2022 | 8.1% | +5.5 pts | 2.7% |
| 2021 | 47.6% | −17.5 pts | 65.0% |
| 2020 | 33.6% | +1.5 pts | 32.1% |
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
1.60%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.29%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.29%
- Exit load
- Exit load of 1% if redeemed within 1 year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹-1
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 250 SmallCap 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 | -0.68 | 6.95 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.78 | 0.91 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.28 | 0.65 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.44 | 0.99 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.88 | 20.78 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI Small Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity89.4%
- Debt0.7%
- Other10.0%
Market cap split
- Large1.0%
- Mid2.3%
- Small96.7%
- P/E
- 30.82
- P/B
- 3.80
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.97% | ₹4,092 Cr | +0.45% | +0.56% | +0.42% |
| Nifty 50 | Financial | 3.95% | ₹1,624 Cr | — | +3.47% | +6.27% |
| Ather Energy Ltd. | Automobile | 3.51% | ₹1,443 Cr | +5.71% | +4.69% | +3.19% |
| Navin Fluorine International Ltd. | Chemicals | 3.28% | ₹1,345 Cr | +3.12% | +2.86% | +1.95% |
| City Union Bank Ltd. | Financial | 2.89% | ₹1,185 Cr | +2.72% | +2.92% | +2.50% |
| Sundram Fasteners Ltd. | Capital Goods | 2.77% | ₹1,139 Cr | +2.33% | +2.32% | +1.89% |
| Kalpataru Projects International Ltd. | Capital Goods | 2.66% | ₹1,091 Cr | +2.70% | +2.59% | +2.79% |
| Pine Labs Ltd. | Financial | 2.62% | ₹1,076 Cr | +1.50% | +1.22% | — |
| Belrise Industries Ltd. | Automobile | 2.55% | ₹1,047 Cr | +2.59% | +2.51% | — |
| Honeywell Automation India Ltd. | Capital Goods | 2.43% | ₹998 Cr | +2.95% | +2.43% | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 2.39% | ₹983 Cr | +2.68% | +2.99% | +0.94% |
| Anand Rathi Wealth Ltd. | Financial | 2.17% | ₹890 Cr | +2.07% | +1.97% | +1.19% |
| K.P.R. Mill Ltd. | Textiles | 2.07% | ₹850 Cr | +2.26% | +1.98% | +2.30% |
| Urban Company Ltd. | Consumer Staples | 2.06% | ₹845 Cr | +1.76% | +1.98% | — |
| Kajaria Ceramics Ltd. | Materials | 2.06% | ₹845 Cr | +2.11% | +1.99% | +2.30% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 2.00% | ₹821 Cr | +2.50% | +2.37% | +2.42% |
| Sansera Engineering Ltd. | Automobile | 1.96% | ₹803 Cr | +1.41% | +1.14% | +0.68% |
| NHPC Ltd. | Energy | 1.95% | ₹801 Cr | +2.23% | — | — |
| Happy Forgings Ltd. | Metals & Mining | 1.86% | ₹765 Cr | +1.42% | +1.32% | +0.95% |
| SBFC Finance Ltd. | Financial | 1.86% | ₹763 Cr | +2.02% | +2.24% | +2.66% |
| Chalet Hotels Ltd. | Services | 1.85% | ₹761 Cr | +1.83% | +1.96% | +2.60% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 1.78% | ₹729 Cr | +1.52% | +1.69% | +1.41% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.73% | ₹711 Cr | +2.04% | +1.48% | +2.22% |
| DOMS Industries Ltd. | Consumer Staples | 1.69% | ₹695 Cr | +1.90% | +2.35% | +2.31% |
| E.I.D. - Parry (India) Ltd. | Consumer Staples | 1.67% | ₹686 Cr | +1.66% | +2.24% | +2.69% |
| Privi Speciality Chemicals Ltd. | Chemicals | 1.66% | ₹681 Cr | +1.74% | +1.71% | — |
| Thangamayil Jewellery Ltd. | Consumer Discretionary | 1.59% | ₹654 Cr | +2.06% | +1.37% | +0.73% |
| RHI Magnesita India Ltd. | Capital Goods | 1.56% | ₹641 Cr | — | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.51% | ₹619 Cr | +1.45% | +1.19% | +1.28% |
| Elgi Equipments Ltd. | Capital Goods | 1.48% | ₹609 Cr | +1.49% | +1.45% | +1.36% |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 1.42% | ₹581 Cr | +1.33% | +1.45% | +1.44% |
| Tenneco Clean Air India Ltd | Automobile | 1.36% | ₹559 Cr | — | — | — |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.33% | ₹545 Cr | +1.62% | +1.66% | +2.08% |
| Finolex Industries Ltd. | Materials | 1.28% | ₹524 Cr | +1.51% | +1.61% | +1.95% |
| V-Guard Industries Ltd. | Consumer Discretionary | 1.23% | ₹504 Cr | +1.27% | +1.66% | +1.79% |
| Esab India Ltd. | Capital Goods | 1.21% | ₹498 Cr | +1.28% | +1.38% | +1.25% |
| Aptus Value Housing Finance India Ltd. | Financial | 1.11% | ₹454 Cr | +1.36% | +1.18% | +1.76% |
| Westlife Foodworld Ltd. | Services | 1.01% | ₹413 Cr | +0.85% | +1.04% | +1.35% |
| Electronics Mart India Ltd. | Services | 1.01% | ₹413 Cr | +0.61% | +0.55% | +0.79% |
| Afcons Infrastructure Ltd. | Construction | 0.96% | ₹395 Cr | +1.24% | +1.34% | +1.29% |
| Relaxo Footwears Ltd. | Consumer Discretionary | 0.95% | ₹390 Cr | +1.19% | +0.87% | +0.23% |
| Dodla Dairy Ltd | Consumer Staples | 0.91% | ₹374 Cr | +1.03% | +1.10% | +1.37% |
| Muthoot Finance Ltd. | Financial | 0.87% | ₹356 Cr | +0.97% | — | — |
| CSB Bank Ltd. | Financial | 0.83% | ₹342 Cr | +0.93% | +1.16% | +1.15% |
| Fractal Analytics Ltd. | Technology | 0.83% | ₹341 Cr | +1.02% | +1.08% | — |
| Brigade Enterprises Ltd. | Construction | 0.83% | ₹340 Cr | +0.74% | +0.89% | +1.12% |
| Hatsun Agro Product Ltd. | Consumer Staples | 0.79% | ₹323 Cr | +0.67% | +0.84% | +0.75% |
| CMS Info Systems Ltd. | Services | 0.79% | ₹323 Cr | +1.02% | +1.23% | +1.57% |
| TTK Prestige Ltd. | Consumer Discretionary | 0.73% | ₹301 Cr | +0.90% | +0.78% | +1.04% |
| Hawkins Cookers Ltd. | Consumer Discretionary | 0.72% | ₹296 Cr | +0.76% | +0.85% | +0.91% |
| Amagi Media Labs Ltd. | Technology | 0.69% | ₹284 Cr | +0.72% | +0.52% | — |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.60% | ₹248 Cr | +0.96% | +0.91% | +1.26% |
| Reserve Bank of India | Financial | 0.52% | ₹213 Cr | +0.84% | +0.19% | +2.47% |
| Chemplast Sanmar Ltd. | Chemicals | 0.50% | ₹205 Cr | +0.54% | +0.90% | +1.20% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.48% | ₹199 Cr | +0.58% | +0.45% | +0.59% |
| Archean Chemical Industries Ltd. | Chemicals | 0.47% | ₹193 Cr | +0.57% | +0.80% | +0.85% |
| Vedant Fashions Ltd. | Services | 0.46% | ₹187 Cr | +0.36% | +0.38% | +0.68% |
| Rajratan Global Wire Ltd. | Metals & Mining | 0.42% | ₹173 Cr | +0.41% | +0.38% | +0.33% |
| PVR Inox Ltd. | Services | 0.42% | ₹171 Cr | +0.34% | +0.40% | +0.43% |
| Lemon Tree Hotels Ltd. | Services | 0.33% | ₹136 Cr | +0.38% | +0.67% | +1.63% |
| Acutaas Chemicals Ltd. | Healthcare | 0.30% | ₹122 Cr | +0.33% | — | — |
| Go Fashion (India) Ltd. | Services | 0.24% | ₹98.67 Cr | +0.32% | +0.25% | +0.66% |
| Dhoot Transmission Ltd. | Capital Goods | 0.22% | ₹90.90 Cr | — | — | — |
| Deepak Nitrite Ltd. | Chemicals | 0.19% | ₹76.49 Cr | — | — | — |
| Ajax Engineering Ltd. | Capital Goods | 0.17% | ₹70.65 Cr | +0.16% | +0.15% | +0.22% |
| Physicswallah Ltd. | Services | 0.15% | ₹62.44 Cr | +0.16% | +0.13% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Nifty 50 | 0.00% | 3.95% | +3.95% |
| RHI Magnesita India Ltd. | 0.00% | 1.56% | +1.56% |
| Star Health and Allied Insurance Company Ltd. | 1.29% | 0.00% | -1.29% |
| Ather Energy Ltd. | 4.71% | 3.51% | -1.20% |
| Meesho Ltd. | 0.68% | 0.00% | -0.68% |
| Reserve Bank of India | 0.15% | 0.52% | +0.37% |
| Sansera Engineering Ltd. | 1.67% | 1.96% | +0.29% |
| Manappuram Finance Ltd. | 0.26% | 0.00% | -0.26% |
| Happy Forgings Ltd. | 2.09% | 1.86% | -0.23% |
| Carborundum Universal Ltd. | 1.28% | 1.51% | +0.23% |
| SBFC Finance Ltd. | 2.07% | 1.86% | -0.21% |
| Pine Labs Ltd. | 2.41% | 2.62% | +0.21% |
| E.I.D. - Parry (India) Ltd. | 1.86% | 1.67% | -0.19% |
| Belrise Industries Ltd. | 2.37% | 2.55% | +0.18% |
| Relaxo Footwears Ltd. | 1.12% | 0.95% | -0.17% |
| Others | 0.80% | 0.63% | -0.17% |
| Electronics Mart India Ltd. | 0.85% | 1.01% | +0.16% |
| V-Guard Industries Ltd. | 1.38% | 1.23% | -0.15% |
| Multi Commodity Exchange Of India Ltd. | 0.12% | 0.00% | -0.12% |
| Fine Organic Industries Ltd. | 0.11% | 0.00% | -0.11% |
| Privi Speciality Chemicals Ltd. | 1.55% | 1.66% | +0.11% |
| Afcons Infrastructure Ltd. | 1.07% | 0.96% | -0.11% |
| ZF Commercial Vehicle Control Systems India Ltd. | 2.50% | 2.39% | -0.11% |
| Juniper Green Energy Ltd. | 0.10% | 0.00% | -0.10% |
| Dhoot Transmission Ltd. | 0.32% | 0.22% | -0.10% |
| Fractal Analytics Ltd. | 0.92% | 0.83% | -0.09% |
| Ratnamani Metals & Tubes Ltd. | 1.33% | 1.42% | +0.09% |
| Brigade Enterprises Ltd. | 0.91% | 0.83% | -0.08% |
| Esab India Ltd. | 1.29% | 1.21% | -0.08% |
| TTK Prestige Ltd. | 0.80% | 0.73% | -0.07% |
| City Union Bank Ltd. | 2.82% | 2.89% | +0.07% |
| Westlife Foodworld Ltd. | 0.94% | 1.01% | +0.07% |
| K.P.R. Mill Ltd. | 2.13% | 2.07% | -0.06% |
| Kajaria Ceramics Ltd. | 2.00% | 2.06% | +0.06% |
| Chalet Hotels Ltd. | 1.91% | 1.85% | -0.06% |
| CSB Bank Ltd. | 0.89% | 0.83% | -0.06% |
| Kalpataru Projects International Ltd. | 2.60% | 2.66% | +0.06% |
| Deepak Nitrite Ltd. | 0.13% | 0.19% | +0.06% |
| Honeywell Automation India Ltd. | 2.48% | 2.43% | -0.05% |
| Krishna Institute of Medical Sciences Ltd | 1.95% | 2.00% | +0.05% |
| Ahluwalia Contracts (India) Ltd. | 0.65% | 0.60% | -0.05% |
| Thangamayil Jewellery Ltd. | 1.64% | 1.59% | -0.05% |
| Sundram Fasteners Ltd. | 2.82% | 2.77% | -0.05% |
| Cholamandalam Financial Holdings Ltd. | 1.37% | 1.33% | -0.04% |
| CMS Info Systems Ltd. | 0.83% | 0.79% | -0.04% |
| Muthoot Finance Ltd. | 0.91% | 0.87% | -0.04% |
| Navin Fluorine International Ltd. | 3.32% | 3.28% | -0.04% |
| Urban Company Ltd. | 2.10% | 2.06% | -0.04% |
| Chemplast Sanmar Ltd. | 0.46% | 0.50% | +0.04% |
| DOMS Industries Ltd. | 1.73% | 1.69% | -0.04% |
| Aptus Value Housing Finance India Ltd. | 1.14% | 1.11% | -0.03% |
| Hatsun Agro Product Ltd. | 0.82% | 0.79% | -0.03% |
| Archean Chemical Industries Ltd. | 0.50% | 0.47% | -0.03% |
| NHPC Ltd. | 1.98% | 1.95% | -0.03% |
| Hawkins Cookers Ltd. | 0.70% | 0.72% | +0.02% |
| Dodla Dairy Ltd | 0.93% | 0.91% | -0.02% |
| Rajratan Global Wire Ltd. | 0.44% | 0.42% | -0.02% |
| PVR Inox Ltd. | 0.40% | 0.42% | +0.02% |
| Acutaas Chemicals Ltd. | 0.28% | 0.30% | +0.02% |
| Sheela Foam Ltd. | 0.47% | 0.48% | +0.01% |
| Balrampur Chini Mills Ltd. | 1.79% | 1.78% | -0.01% |
| Elgi Equipments Ltd. | 1.47% | 1.48% | +0.01% |
| Physicswallah Ltd. | 0.14% | 0.15% | +0.01% |
| Ajax Engineering Ltd. | 0.16% | 0.17% | +0.01% |
| INDO-MIM Ltd. | 0.01% | 0.00% | -0.01% |
| Go Fashion (India) Ltd. | 0.25% | 0.24% | -0.01% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1.74% | 1.73% | -0.01% |
| Tenneco Clean Air India Ltd | 1.37% | 1.36% | -0.01% |
| Vedant Fashions Ltd. | 0.45% | 0.46% | +0.01% |
| Finolex Industries Ltd. | 1.28% | 1.28% | 0.00% |
| Lemon Tree Hotels Ltd. | 0.33% | 0.33% | 0.00% |
| Anand Rathi Wealth Ltd. | 2.17% | 2.17% | 0.00% |
| Amagi Media Labs Ltd. | 0.69% | 0.69% | 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 | ₹12,980 Cr | 2.04% | 22.0% | 13.6% | 19.5% |
 Bandhan Small Cap Fund | ₹35,856 Cr | 1.73% | 11.0% | 11.3% | 19.5% |
 Invesco India Small Cap Fund | ₹16,321 Cr | 1.83% | 24.4% | 15.3% | 20.0% |
 Mahindra Manulife Small Cap Fund | ₹5,373 Cr | 2.17% | 21.8% | 12.1% | — |
 Bank of India Small Cap Fund | ₹3,685 Cr | 2.25% | 31.1% | 15.8% | 18.8% |
 ITI Small Cap Fund | ₹3,666 Cr | 2.20% | 21.6% | 13.7% | 19.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of small cap companies.
Fund managers
- Rama Iyer SrinivasanMr. Srinivasan is M.Com and MFM.Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
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 months5.36% absolute | ₹60,000 | ₹63,216 | 5.36% | |
| 1 year4.58% annualised | ₹1,20,000 | ₹1,23,019 | 2.52% | |
| 3 years10.22% annualised | ₹3,60,000 | ₹4,22,789 | 17.44% | |
| 5 years10.86% annualised | ₹6,00,000 | ₹7,99,395 | 33.23% |
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 SBI Small Cap Fund?
The NAV of SBI Small Cap Fund is ₹178.88 as on 9 Nov 2026.
What is the expense ratio of SBI Small Cap Fund?
The expense ratio of SBI Small Cap Fund is 1.61% per year.
What is the minimum SIP amount for SBI Small Cap Fund?
You can start a SIP in SBI Small Cap Fund with ₹3,000 a month.
What returns has SBI Small Cap Fund given?
SBI Small Cap Fund has returned 9.7% over 1 year, 5.2% over 3 years and 10.0% over 5 years (annualised).
Is there a lock-in or exit load on SBI Small Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is SBI Small Cap Fund?
SBI Small Cap Fund is rated Very High on the SEBI riskometer and belongs to the Small Cap category.
Which fund house manages SBI Small Cap Fund?
SBI Small Cap Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.