SBI Small Cap Fund
Small CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹183.67-1.02%1 day
- Return since launch
- 18.7%
- 52-week range
- ₹146.95 — ₹188.44
- AUM
- ₹42,631 Cr
SBI Small Cap Fund is a Small Cap equity fund from SBI Mutual Fund with ₹42,631 Cr under management, launched in 2009. Over three years it has returned 8.0% a year, against 15.6% for its category. The expense ratio is 1.57% 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 +8.6% against +13.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 17.5% | +3.2 pts | 14.3% | 22.6% |
| 2Y | 8.8% | −4.3 pts | 13.0% | 12.7% |
| 3Y | 8.1% | −7.4 pts | 15.5% | 11.6% |
| 5Y | 12.2% | −3.0 pts | 15.2% | 15.6% |
| 7Y | 17.1% | −3.9 pts | 21.0% | 19.6% |
| 10Y | 17.1% | +0.7 pts | 16.4% | 17.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.0% | −1.3 pts | -0.7% | -1.1% |
| 3M | 3.4% | −1.8 pts | 5.3% | 4.8% |
| 6M | 22.7% | −4.6 pts | 27.3% | 25.9% |
| 1Y | 8.6% | −5.6 pts | 14.3% | 13.9% |
| 2Y | -0.8% | −3.3 pts | 2.5% | 2.2% |
| 3Y | 11.1% | −4.4 pts | 15.5% | 14.6% |
| 5Y | 13.2% | −2.1 pts | 15.2% | 14.3% |
| 7Y | 19.7% | −3.1 pts | 22.8% | 20.6% |
| 10Y | 17.4% | +1.0 pts | 16.4% | 14.5% |
Since launch (27 Jul 2009): 18.7%
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
1.58%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.28%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.28%
- 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 | -0.41 | 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 | 0.42 | 0.82 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.65 | 1.18 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.37 | 20.27 | 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 31 Aug 2026
Asset allocation
- Equity88.3%
- Debt0.1%
- Other11.6%
Market cap split
- Large1.0%
- Mid3.2%
- Small95.8%
- P/E
- 32.74
- P/B
- 4.12
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 11.60% | ₹4,949 Cr | +0.48% | +0.52% | +6.77% |
| Ather Energy Ltd. | Automobile | 4.71% | ₹2,010 Cr | +5.18% | +4.09% | +2.57% |
| Navin Fluorine International Ltd. | Chemicals | 3.32% | ₹1,416 Cr | +3.11% | +2.69% | +1.99% |
| City Union Bank Ltd. | Financial | 2.82% | ₹1,201 Cr | +2.69% | +3.21% | +2.32% |
| Sundram Fasteners Ltd. | Capital Goods | 2.82% | ₹1,204 Cr | +2.30% | +1.93% | +1.95% |
| Kalpataru Projects International Ltd. | Capital Goods | 2.60% | ₹1,107 Cr | +2.76% | +2.80% | +2.80% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 2.50% | ₹1,065 Cr | +2.75% | +3.04% | +1.04% |
| Honeywell Automation India Ltd. | Capital Goods | 2.48% | ₹1,059 Cr | +2.83% | +2.04% | — |
| Pine Labs Ltd. | Financial | 2.41% | ₹1,027 Cr | +1.48% | +1.37% | — |
| Belrise Industries Ltd. | Automobile | 2.37% | ₹1,012 Cr | +2.52% | +2.34% | — |
| Anand Rathi Wealth Ltd. | Financial | 2.17% | ₹926 Cr | +1.94% | +1.85% | +1.19% |
| K.P.R. Mill Ltd. | Textiles | 2.13% | ₹907 Cr | +1.99% | +1.98% | +2.16% |
| Urban Company Ltd. | Consumer Staples | 2.10% | ₹897 Cr | +1.72% | — | — |
| Happy Forgings Ltd. | Metals & Mining | 2.09% | ₹892 Cr | +1.37% | +1.41% | +0.95% |
| SBFC Finance Ltd. | Financial | 2.07% | ₹883 Cr | +2.25% | +2.38% | +2.68% |
| Kajaria Ceramics Ltd. | Materials | 2.00% | ₹852 Cr | +2.01% | +1.92% | +2.40% |
| NHPC Ltd. | Energy | 1.98% | ₹844 Cr | — | — | — |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 1.95% | ₹831 Cr | +2.50% | +2.63% | +2.53% |
| Chalet Hotels Ltd. | Services | 1.91% | ₹814 Cr | +1.89% | +2.08% | +2.79% |
| E.I.D. - Parry (India) Ltd. | Consumer Staples | 1.86% | ₹792 Cr | +1.88% | +2.31% | +2.98% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 1.79% | ₹763 Cr | +1.51% | +1.48% | +1.67% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.74% | ₹740 Cr | +1.98% | +1.50% | +2.07% |
| DOMS Industries Ltd. | Consumer Staples | 1.73% | ₹737 Cr | +1.93% | +2.20% | +2.28% |
| Sansera Engineering Ltd. | Automobile | 1.67% | ₹711 Cr | +1.35% | +1.19% | +0.64% |
| Thangamayil Jewellery Ltd. | Consumer Discretionary | 1.64% | ₹699 Cr | +1.45% | +1.46% | +0.83% |
| Privi Speciality Chemicals Ltd. | Chemicals | 1.55% | ₹660 Cr | +1.65% | +1.65% | — |
| Elgi Equipments Ltd. | Capital Goods | 1.47% | ₹627 Cr | +1.53% | +1.53% | +1.34% |
| V-Guard Industries Ltd. | Consumer Discretionary | 1.38% | ₹589 Cr | +1.39% | +1.52% | +1.75% |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.37% | ₹584 Cr | +1.66% | +1.84% | +1.92% |
| company:20327 | Automobile | 1.37% | ₹582 Cr | — | — | — |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 1.33% | ₹565 Cr | +1.46% | +1.50% | +1.45% |
| Esab India Ltd. | Capital Goods | 1.29% | ₹551 Cr | +1.57% | +1.42% | +1.31% |
| Star Health and Allied Insurance Company Ltd. | Insurance | 1.29% | ₹551 Cr | +1.37% | +1.29% | +1.23% |
| Carborundum Universal Ltd. | Metals & Mining | 1.28% | ₹547 Cr | +1.36% | +1.16% | +1.28% |
| Finolex Industries Ltd. | Materials | 1.28% | ₹546 Cr | +1.72% | +1.83% | +2.08% |
| Aptus Value Housing Finance India Ltd. | Financial | 1.14% | ₹486 Cr | +1.36% | +1.36% | +1.76% |
| Relaxo Footwears Ltd. | Consumer Discretionary | 1.12% | ₹480 Cr | +1.09% | +1.18% | +0.24% |
| Afcons Infrastructure Ltd. | Construction | 1.07% | ₹455 Cr | +1.45% | +1.33% | +1.14% |
| Westlife Foodworld Ltd. | Services | 0.94% | ₹400 Cr | +0.84% | +0.99% | +1.43% |
| Dodla Dairy Ltd | Consumer Staples | 0.93% | ₹397 Cr | +1.06% | +1.23% | +1.42% |
| Fractal Analytics Ltd. | Technology | 0.92% | ₹393 Cr | +1.24% | +1.03% | — |
| Brigade Enterprises Ltd. | Construction | 0.91% | ₹388 Cr | +0.77% | +0.88% | +1.16% |
| Muthoot Finance Ltd. | Financial | 0.91% | ₹387 Cr | +1.16% | — | — |
| CSB Bank Ltd. | Financial | 0.89% | ₹378 Cr | +1.04% | +1.25% | +1.13% |
| Electronics Mart India Ltd. | Services | 0.85% | ₹363 Cr | +0.61% | +0.58% | +0.71% |
| CMS Info Systems Ltd. | Services | 0.83% | ₹355 Cr | +1.19% | +1.30% | +1.75% |
| Hatsun Agro Product Ltd. | Consumer Staples | 0.82% | ₹350 Cr | +0.71% | +0.75% | +0.74% |
| TTK Prestige Ltd. | Consumer Discretionary | 0.80% | ₹341 Cr | +0.84% | +0.87% | +1.09% |
| Hawkins Cookers Ltd. | Consumer Discretionary | 0.70% | ₹300 Cr | +0.74% | +0.78% | +0.94% |
| Amagi Media Labs Ltd. | Technology | 0.69% | ₹293 Cr | +0.55% | +0.34% | — |
| Meesho Ltd. | Services | 0.68% | ₹290 Cr | +0.69% | — | — |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.65% | ₹279 Cr | +0.95% | +1.00% | +1.18% |
| Archean Chemical Industries Ltd. | Chemicals | 0.50% | ₹214 Cr | +0.62% | +0.73% | +0.82% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.47% | ₹202 Cr | +0.51% | +0.49% | +0.62% |
| Chemplast Sanmar Ltd. | Chemicals | 0.46% | ₹194 Cr | +0.64% | +0.77% | +1.33% |
| Vedant Fashions Ltd. | Services | 0.45% | ₹191 Cr | +0.38% | +0.39% | +0.74% |
| Rajratan Global Wire Ltd. | Metals & Mining | 0.44% | ₹187 Cr | +0.41% | +0.45% | +0.33% |
| PVR Inox Ltd. | Services | 0.40% | ₹171 Cr | +0.36% | +0.41% | +0.45% |
| Lemon Tree Hotels Ltd. | Services | 0.33% | ₹139 Cr | +0.40% | +0.81% | +1.64% |
| company:20770 | Capital Goods | 0.32% | ₹136 Cr | — | — | — |
| Acutaas Chemicals Ltd. | Healthcare | 0.28% | ₹117 Cr | +0.31% | — | — |
| Manappuram Finance Ltd. | Financial | 0.26% | ₹109 Cr | +0.28% | — | — |
| Go Fashion (India) Ltd. | Services | 0.25% | ₹108 Cr | +0.28% | +0.29% | +0.70% |
| Ajax Engineering Ltd. | Capital Goods | 0.16% | ₹69.14 Cr | +0.19% | +0.17% | +0.25% |
| Reserve Bank of India | Financial | 0.15% | ₹64.27 Cr | +0.90% | +0.18% | +2.49% |
| Physicswallah Ltd. | Services | 0.14% | ₹58.81 Cr | +0.14% | — | — |
| company:873 | Chemicals | 0.13% | ₹56.34 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 0.12% | ₹51.00 Cr | — | — | — |
| Fine Organic Industries Ltd. | Chemicals | 0.11% | ₹46.40 Cr | +0.82% | +0.90% | +0.89% |
| company:20756 | Energy | 0.10% | ₹44.25 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.01% | ₹2.43 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 2.22% | 0.12% | -2.10% |
| company:20327 | 0.00% | 1.37% | +1.37% |
| Reserve Bank of India | 0.85% | 0.15% | -0.70% |
| Fine Organic Industries Ltd. | 0.79% | 0.11% | -0.68% |
| Others | 0.15% | 0.80% | +0.65% |
| Happy Forgings Ltd. | 1.53% | 2.09% | +0.56% |
| Ather Energy Ltd. | 4.26% | 4.71% | +0.45% |
| Honeywell Automation India Ltd. | 2.85% | 2.48% | -0.37% |
| Sundram Fasteners Ltd. | 2.45% | 2.82% | +0.37% |
| Urban Company Ltd. | 1.74% | 2.10% | +0.36% |
| Clean Science And Technology Ltd. | 0.35% | 0.00% | -0.35% |
| company:20770 | 0.00% | 0.32% | +0.32% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 2.04% | 1.74% | -0.30% |
| Ahluwalia Contracts (India) Ltd. | 0.93% | 0.65% | -0.28% |
| Krishna Institute of Medical Sciences Ltd | 2.22% | 1.95% | -0.27% |
| Navin Fluorine International Ltd. | 3.09% | 3.32% | +0.23% |
| Pine Labs Ltd. | 2.18% | 2.41% | +0.23% |
| Relaxo Footwears Ltd. | 1.35% | 1.12% | -0.23% |
| Belrise Industries Ltd. | 2.58% | 2.37% | -0.21% |
| Electronics Mart India Ltd. | 0.65% | 0.85% | +0.20% |
| NHPC Ltd. | 2.17% | 1.98% | -0.19% |
| Sansera Engineering Ltd. | 1.48% | 1.67% | +0.19% |
| Balrampur Chini Mills Ltd. | 1.61% | 1.79% | +0.18% |
| Hatsun Agro Product Ltd. | 0.65% | 0.82% | +0.17% |
| Privi Speciality Chemicals Ltd. | 1.72% | 1.55% | -0.17% |
| Star Health and Allied Insurance Company Ltd. | 1.46% | 1.29% | -0.17% |
| Amagi Media Labs Ltd. | 0.84% | 0.69% | -0.15% |
| Sheela Foam Ltd. | 0.62% | 0.47% | -0.15% |
| Happiest Minds Technologies Ltd. | 0.15% | 0.00% | -0.15% |
| Aptus Value Housing Finance India Ltd. | 1.28% | 1.14% | -0.14% |
| DOMS Industries Ltd. | 1.87% | 1.73% | -0.14% |
| Cholamandalam Financial Holdings Ltd. | 1.51% | 1.37% | -0.14% |
| TTK Prestige Ltd. | 0.94% | 0.80% | -0.14% |
| CMS Info Systems Ltd. | 0.96% | 0.83% | -0.13% |
| company:873 | 0.00% | 0.13% | +0.13% |
| Finolex Industries Ltd. | 1.41% | 1.28% | -0.13% |
| Muthoot Finance Ltd. | 1.02% | 0.91% | -0.11% |
| City Union Bank Ltd. | 2.71% | 2.82% | +0.11% |
| K.P.R. Mill Ltd. | 2.02% | 2.13% | +0.11% |
| company:20756 | 0.00% | 0.10% | +0.10% |
| E.I.D. - Parry (India) Ltd. | 1.77% | 1.86% | +0.09% |
| Hawkins Cookers Ltd. | 0.79% | 0.70% | -0.09% |
| Vedant Fashions Ltd. | 0.36% | 0.45% | +0.09% |
| Archean Chemical Industries Ltd. | 0.58% | 0.50% | -0.08% |
| Chalet Hotels Ltd. | 1.83% | 1.91% | +0.08% |
| Ratnamani Metals & Tubes Ltd. | 1.26% | 1.33% | +0.07% |
| Chemplast Sanmar Ltd. | 0.53% | 0.46% | -0.07% |
| RBL Bank Ltd. | 0.06% | 0.00% | -0.06% |
| Kalpataru Projects International Ltd. | 2.55% | 2.60% | +0.05% |
| Brigade Enterprises Ltd. | 0.86% | 0.91% | +0.05% |
| Thangamayil Jewellery Ltd. | 1.69% | 1.64% | -0.05% |
| Westlife Foodworld Ltd. | 0.89% | 0.94% | +0.05% |
| Kajaria Ceramics Ltd. | 2.05% | 2.00% | -0.05% |
| SBFC Finance Ltd. | 2.02% | 2.07% | +0.05% |
| Carborundum Universal Ltd. | 1.32% | 1.28% | -0.04% |
| Elgi Equipments Ltd. | 1.43% | 1.47% | +0.04% |
| Meesho Ltd. | 0.64% | 0.68% | +0.04% |
| ZF Commercial Vehicle Control Systems India Ltd. | 2.54% | 2.50% | -0.04% |
| Manappuram Finance Ltd. | 0.30% | 0.26% | -0.04% |
| V-Guard Industries Ltd. | 1.34% | 1.38% | +0.04% |
| Lemon Tree Hotels Ltd. | 0.36% | 0.33% | -0.03% |
| Rajratan Global Wire Ltd. | 0.47% | 0.44% | -0.03% |
| Dodla Dairy Ltd | 0.96% | 0.93% | -0.03% |
| CSB Bank Ltd. | 0.91% | 0.89% | -0.02% |
| Esab India Ltd. | 1.27% | 1.29% | +0.02% |
| Go Fashion (India) Ltd. | 0.27% | 0.25% | -0.02% |
| INDO-MIM Ltd. | 0.03% | 0.01% | -0.02% |
| Physicswallah Ltd. | 0.16% | 0.14% | -0.02% |
| Fractal Analytics Ltd. | 0.94% | 0.92% | -0.02% |
| Anand Rathi Wealth Ltd. | 2.18% | 2.17% | -0.01% |
| Afcons Infrastructure Ltd. | 1.08% | 1.07% | -0.01% |
| Ajax Engineering Ltd. | 0.17% | 0.16% | -0.01% |
| Acutaas Chemicals Ltd. | 0.29% | 0.28% | -0.01% |
| PVR Inox Ltd. | 0.40% | 0.40% | 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% | 31.2% | 16.8% | 21.5% |
 Bandhan Small Cap Fund | ₹34,176 Cr | 1.72% | 21.1% | 15.6% | 22.0% |
 Invesco India Small Cap Fund | ₹15,744 Cr | 1.83% | 24.4% | 15.9% | 20.4% |
 Mahindra Manulife Small Cap Fund | ₹5,468 Cr | 2.20% | 29.0% | 14.7% | — |
 ITI Small Cap Fund | ₹3,603 Cr | 2.22% | 34.9% | 18.0% | 22.1% |
 Bank of India Small Cap Fund | ₹3,307 Cr | 2.17% | 46.7% | 19.8% | 21.3% |
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 months20.50% absolute | ₹60,000 | ₹72,300 | 20.50% | |
| 1 year6.68% annualised | ₹1,20,000 | ₹1,24,432 | 3.69% | |
| 3 years10.99% annualised | ₹3,60,000 | ₹4,28,051 | 18.90% | |
| 5 years13.12% annualised | ₹6,00,000 | ₹8,50,867 | 41.81% |
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 ₹183.67 as on 24 Sep 2026.
What is the expense ratio of SBI Small Cap Fund?
The expense ratio of SBI Small Cap Fund is 1.57% 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 16.7% over 1 year, 8.0% over 3 years and 12.1% 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 ₹12,81,381 Cr under management.