Tata Small Cap Fund
Small CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹40.12+0.16%1 day
- Return since launch
- 19.3%
- 52-week range
- ₹30.26 — ₹40.51
- AUM
- ₹13,094 Cr
Tata Small Cap Fund is a Small Cap equity fund from Tata Mutual Fund with ₹13,094 Cr under management, launched in 2018. Over three years it has returned 6.6% a year, against 15.5% for its category. The expense ratio is 1.69% and the SEBI riskometer reading is Very High.
Performance
Tata Small Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.6% 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 | 20.2% | +6.0 pts | 14.3% | 22.6% |
| 2Y | 6.1% | −6.9 pts | 13.0% | 12.7% |
| 3Y | 6.6% | −8.9 pts | 15.5% | 11.6% |
| 5Y | 12.8% | −2.4 pts | 15.2% | 15.6% |
| 7Y | 19.0% | −1.9 pts | 21.0% | 19.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.0% | +2.7 pts | -0.7% | -1.1% |
| 3M | 6.7% | +1.4 pts | 5.3% | 4.8% |
| 6M | 28.9% | +1.6 pts | 27.3% | 25.9% |
| 1Y | 1.6% | −12.6 pts | 14.3% | 13.9% |
| 2Y | -4.0% | −6.5 pts | 2.5% | 2.2% |
| 3Y | 11.6% | −3.9 pts | 15.5% | 14.6% |
| 5Y | 14.1% | −1.1 pts | 15.2% | 14.3% |
| 7Y | 21.5% | −1.3 pts | 22.8% | 20.6% |
Since launch (19 Oct 2018): 19.3%
Calendar-year returns
Category average23.0%
70.5%
8.2%
33.5%
31.4%
-12.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -12.5% | −9.2 pts | -3.3% |
| 2024 | 31.4% | +3.2 pts | 28.2% |
| 2023 | 33.5% | −9.3 pts | 42.8% |
| 2022 | 8.2% | +5.5 pts | 2.7% |
| 2021 | 70.5% | +5.5 pts | 65.0% |
| 2020 | 23.0% | −9.1 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
1.68%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.45%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.22%
- Exit load
- Exit load of 0.50%, if redeemed within 30 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 | -2.36 | 7.64 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 0.90 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.32 | 0.82 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.48 | 1.18 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 19.88 | 20.27 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Small Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity93.6%
- Other6.4%
Market cap split
- Mid7.8%
- Small92.2%
- P/E
- 28.93
- P/B
- 3.03
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.34% | ₹829 Cr | +7.50% | +10.68% | +9.66% |
| Sudarshan Chemical Industries Ltd. | Chemicals | 4.83% | ₹632 Cr | +4.02% | +4.03% | +6.15% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 4.58% | ₹600 Cr | +5.68% | +4.55% | +3.30% |
| Usha Martin Ltd. | Metals & Mining | 4.42% | ₹579 Cr | +5.05% | +4.53% | +3.52% |
| IDFC First Bank Ltd. | Financial | 3.92% | ₹514 Cr | +3.66% | +4.10% | +3.51% |
| Godrej Industries Ltd. | Consumer Staples | 3.42% | ₹448 Cr | +3.76% | +3.64% | +3.10% |
| Tega Industries Ltd. | Metals & Mining | 3.15% | ₹412 Cr | +3.87% | +4.33% | — |
| Wockhardt Ltd. | Healthcare | 3.02% | ₹396 Cr | +3.66% | +2.57% | +2.41% |
| Cello World Ltd. | Consumer Discretionary | 2.72% | ₹356 Cr | +2.40% | +0.66% | +0.80% |
| Quess Corp Ltd. | Financial | 2.69% | ₹352 Cr | +1.65% | +1.68% | +1.17% |
| CarTrade Tech Ltd. | Services | 2.42% | ₹317 Cr | +1.58% | +1.68% | +1.11% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 2.25% | ₹295 Cr | +0.97% | +0.89% | +0.24% |
| BASF India Ltd. | Chemicals | 2.21% | ₹289 Cr | +2.23% | +2.46% | +3.08% |
| CE Info Systems Ltd. | Technology | 2.17% | ₹284 Cr | +1.97% | +2.61% | +2.56% |
| The Ramco Cements Ltd. | Materials | 2.15% | ₹281 Cr | +1.32% | +1.32% | — |
| Time Technoplast Ltd. | Materials | 2.03% | ₹266 Cr | +2.13% | +2.44% | +2.84% |
| Carborundum Universal Ltd. | Metals & Mining | 2.02% | ₹264 Cr | +2.11% | +1.84% | +1.91% |
| Graphite India Ltd. | Capital Goods | 2.00% | ₹261 Cr | +2.35% | +2.52% | +1.68% |
| Network People Services Technologies Ltd. | Technology | 1.96% | ₹256 Cr | +1.52% | +1.67% | +0.16% |
| Anant Raj Ltd. | Construction | 1.89% | ₹248 Cr | +1.81% | +2.03% | +1.65% |
| DCB Bank Ltd. | Financial | 1.89% | ₹247 Cr | +1.71% | +1.96% | +1.22% |
| Elantas Beck India Ltd. | Chemicals | 1.85% | ₹243 Cr | +1.66% | +1.75% | +2.03% |
| ACME Solar Holdings Ltd. | Energy | 1.81% | ₹238 Cr | +1.57% | +1.30% | +0.97% |
| Redington Ltd. | Services | 1.77% | ₹231 Cr | +1.25% | +1.69% | +1.36% |
| Wonderla Holidays Ltd. | Services | 1.76% | ₹231 Cr | +1.75% | +1.92% | +2.31% |
| ASK Automotive Ltd. | Automobile | 1.59% | ₹208 Cr | +1.24% | +1.22% | +1.33% |
| Greenply Industries Ltd. | Materials | 1.55% | ₹203 Cr | +1.49% | +1.44% | +1.89% |
| Shoppers Stop Ltd. | Services | 1.55% | ₹202 Cr | +1.61% | +1.50% | +2.28% |
| Sundaram - Clayton Dcd Ltd. | Financial | 1.53% | ₹200 Cr | +1.74% | +2.04% | +1.86% |
| Kirloskar Ferrous Industries Ltd. | Metals & Mining | 1.45% | ₹190 Cr | +1.57% | +1.55% | +1.91% |
| KSB Ltd. | Capital Goods | 1.43% | ₹187 Cr | +1.58% | +1.67% | +1.49% |
| SAMHI Hotels Ltd. | Services | 1.42% | ₹186 Cr | +1.69% | +1.81% | +2.20% |
| Gujarat Pipavav Port Ltd. | Services | 1.39% | ₹182 Cr | +1.47% | +1.79% | +1.42% |
| Krsnaa Diagnostics Ltd. | Healthcare | 1.10% | ₹144 Cr | +1.23% | +1.55% | +1.78% |
| VIP Industries Ltd. | Consumer Discretionary | 1.10% | ₹144 Cr | +1.21% | +1.57% | +1.72% |
| PCBL Chemical Ltd. | Chemicals | 1.05% | ₹137 Cr | +1.08% | +1.25% | +1.17% |
| Hirect Ltd. | Capital Goods | 1.01% | ₹133 Cr | — | — | — |
| CIE Automotive India Ltd. | Metals & Mining | 0.97% | ₹126 Cr | +1.24% | +1.42% | +1.09% |
| Gokaldas Exports Ltd. | Textiles | 0.90% | ₹117 Cr | +0.89% | +0.90% | +0.89% |
| Sundrop Brands Ltd. | Consumer Staples | 0.90% | ₹118 Cr | +1.03% | +1.08% | +1.25% |
| Smartworks Coworking Spaces Ltd. | Services | 0.89% | ₹117 Cr | +0.81% | +0.83% | +0.93% |
| Finolex Cables Ltd. | Capital Goods | 0.86% | ₹112 Cr | +0.88% | +0.77% | +0.65% |
| Bluspring Enterprises Ltd. | Services | 0.81% | ₹106 Cr | +0.57% | +0.40% | +0.33% |
| Honda India Power Products Ltd. | Capital Goods | 0.80% | ₹105 Cr | +1.06% | +1.03% | +1.28% |
| Keystone Realtors Ltd | Construction | 0.79% | ₹104 Cr | +0.93% | +1.06% | +1.51% |
| MM Forgings Ltd. | Metals & Mining | 0.78% | ₹102 Cr | +0.61% | +0.68% | +0.44% |
| JSW Dulux Ltd. | Materials | 0.69% | ₹90.97 Cr | +0.78% | +0.79% | +0.86% |
| Vardhman Special Steels Ltd. | Metals & Mining | 0.65% | ₹84.71 Cr | +0.55% | +0.57% | +0.53% |
| company:20819 | Financial | 0.60% | ₹79.19 Cr | — | — | — |
| Ramco Industries Ltd. | Materials | 0.57% | ₹74.85 Cr | +0.58% | +0.62% | +0.61% |
| Transport Corporation Of India Ltd. | Services | 0.52% | ₹67.91 Cr | +0.62% | +0.73% | +0.78% |
| Hikal Ltd. | Healthcare | 0.51% | ₹66.47 Cr | +0.55% | +0.61% | +0.74% |
| Eveready Industries India Ltd. | Consumer Staples | 0.45% | ₹58.47 Cr | +0.48% | +0.55% | +0.65% |
| Ganesha Ecosphere Ltd. | Textiles | 0.45% | ₹59.13 Cr | +0.46% | +0.42% | +0.67% |
| Sri Lotus Developers and Realty Ltd. | Construction | 0.39% | ₹50.79 Cr | +0.33% | +0.37% | +0.44% |
| Eureka Forbes Ltd. | Metals & Mining | 0.37% | ₹48.15 Cr | +0.42% | +0.50% | +0.56% |
| Digitide Solutions Ltd. | Services | 0.36% | ₹46.75 Cr | +0.36% | +0.44% | +0.85% |
| Natco Pharma Ltd. | Healthcare | 0.35% | ₹46.20 Cr | +0.48% | +0.51% | +0.41% |
| Automotive Axles Ltd. | Automobile | 0.19% | ₹24.79 Cr | +0.21% | +0.27% | +0.22% |
| Allcargo Global Ltd. | Services | 0.18% | ₹23.67 Cr | — | — | — |
| Allcargo Logistics Ltd. | Services | 0.16% | ₹20.45 Cr | +0.48% | +0.51% | +0.47% |
| Saregama India Ltd. | Services | 0.11% | ₹14.36 Cr | +0.64% | +0.55% | — |
| Rallis India Ltd. | Chemicals | 0.09% | ₹11.20 Cr | +0.11% | +0.14% | +0.16% |
| Alivus Life Sciences Ltd | Healthcare | 0.08% | ₹10.54 Cr | +0.73% | +0.69% | +0.67% |
| Powergrid Infrastructure Investment Trust | Services | 0.08% | ₹10.43 Cr | +0.08% | +0.09% | +0.08% |
| Transindia Real Estate Ltd. | Services | 0.06% | ₹8.34 Cr | +0.07% | +0.07% | +0.09% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 6.71% | 3.25% | -3.46% |
| Sudarshan Chemical Industries Ltd. | 3.98% | 4.83% | +0.85% |
| Godrej Industries Ltd. | 4.10% | 3.42% | -0.68% |
| company:20819 | 0.00% | 0.60% | +0.60% |
| CE Info Systems Ltd. | 2.61% | 2.17% | -0.44% |
| Kirloskar Pneumatic Company Ltd. | 4.90% | 4.58% | -0.32% |
| The Ramco Cements Ltd. | 1.83% | 2.15% | +0.32% |
| Elantas Beck India Ltd. | 1.54% | 1.85% | +0.31% |
| Time Technoplast Ltd. | 2.33% | 2.03% | -0.30% |
| Saregama India Ltd. | 0.41% | 0.11% | -0.30% |
| ASK Automotive Ltd. | 1.31% | 1.59% | +0.28% |
| Balrampur Chini Mills Ltd. | 1.97% | 2.25% | +0.28% |
| Quess Corp Ltd. | 2.41% | 2.69% | +0.28% |
| SAMHI Hotels Ltd. | 1.69% | 1.42% | -0.27% |
| DCB Bank Ltd. | 1.66% | 1.89% | +0.23% |
| Wockhardt Ltd. | 3.24% | 3.02% | -0.22% |
| Alivus Life Sciences Ltd | 0.26% | 0.08% | -0.18% |
| Tega Industries Ltd. | 2.98% | 3.15% | +0.17% |
| Finolex Cables Ltd. | 0.70% | 0.86% | +0.16% |
| CarTrade Tech Ltd. | 2.27% | 2.42% | +0.15% |
| KSB Ltd. | 1.57% | 1.43% | -0.14% |
| Hirect Ltd. | 1.15% | 1.01% | -0.14% |
| Wonderla Holidays Ltd. | 1.62% | 1.76% | +0.14% |
| Anant Raj Ltd. | 2.02% | 1.89% | -0.13% |
| Redington Ltd. | 1.64% | 1.77% | +0.13% |
| ACME Solar Holdings Ltd. | 1.69% | 1.81% | +0.12% |
| Kirloskar Ferrous Industries Ltd. | 1.57% | 1.45% | -0.12% |
| Usha Martin Ltd. | 4.54% | 4.42% | -0.12% |
| Network People Services Technologies Ltd. | 1.84% | 1.96% | +0.12% |
| MM Forgings Ltd. | 0.68% | 0.78% | +0.10% |
| Gujarat Pipavav Port Ltd. | 1.29% | 1.39% | +0.10% |
| Ganesha Ecosphere Ltd. | 0.54% | 0.45% | -0.09% |
| Smartworks Coworking Spaces Ltd. | 0.80% | 0.89% | +0.09% |
| Vardhman Special Steels Ltd. | 0.57% | 0.65% | +0.08% |
| IDFC First Bank Ltd. | 3.99% | 3.92% | -0.07% |
| CIE Automotive India Ltd. | 1.04% | 0.97% | -0.07% |
| Shoppers Stop Ltd. | 1.62% | 1.55% | -0.07% |
| Gokaldas Exports Ltd. | 0.97% | 0.90% | -0.07% |
| Hikal Ltd. | 0.58% | 0.51% | -0.07% |
| Keystone Realtors Ltd | 0.86% | 0.79% | -0.07% |
| Graphite India Ltd. | 1.94% | 2.00% | +0.06% |
| Honda India Power Products Ltd. | 0.86% | 0.80% | -0.06% |
| Bluspring Enterprises Ltd. | 0.76% | 0.81% | +0.05% |
| Natco Pharma Ltd. | 0.40% | 0.35% | -0.05% |
| Allcargo Logistics Ltd. | 0.11% | 0.16% | +0.05% |
| Sri Lotus Developers and Realty Ltd. | 0.44% | 0.39% | -0.05% |
| Transport Corporation Of India Ltd. | 0.57% | 0.52% | -0.05% |
| Eureka Forbes Ltd. | 0.40% | 0.37% | -0.03% |
| PCBL Chemical Ltd. | 1.08% | 1.05% | -0.03% |
| Sundrop Brands Ltd. | 0.93% | 0.90% | -0.03% |
| Eveready Industries India Ltd. | 0.48% | 0.45% | -0.03% |
| BASF India Ltd. | 2.18% | 2.21% | +0.03% |
| Carborundum Universal Ltd. | 2.00% | 2.02% | +0.02% |
| Cello World Ltd. | 2.74% | 2.72% | -0.02% |
| Digitide Solutions Ltd. | 0.38% | 0.36% | -0.02% |
| Greenply Industries Ltd. | 1.57% | 1.55% | -0.02% |
| Krsnaa Diagnostics Ltd. | 1.08% | 1.10% | +0.02% |
| Ramco Industries Ltd. | 0.59% | 0.57% | -0.02% |
| Allcargo Global Ltd. | 0.16% | 0.18% | +0.02% |
| JSW Dulux Ltd. | 0.67% | 0.69% | +0.02% |
| Automotive Axles Ltd. | 0.20% | 0.19% | -0.01% |
| Sundaram - Clayton Dcd Ltd. | 1.52% | 1.53% | +0.01% |
| Powergrid Infrastructure Investment Trust | 0.08% | 0.08% | 0.00% |
| Rallis India Ltd. | 0.09% | 0.09% | 0.00% |
| Transindia Real Estate Ltd. | 0.06% | 0.06% | 0.00% |
| VIP Industries Ltd. | 1.10% | 1.10% | 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 generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.
Fund managers
- Chandraprakash PadiyarMr. Padiyar is CFA & MBA in Finance from Symbiosis Institute of Business Management, Pune.Prior to joining TATA Mutual Fund he has worked with UTI Mutual fund, Alchemy Capital Management Pvt Ltd.
- Jeetendra KhatriMr. Khatri has done Bachelor of Management Studies (B.M.S.) from Sydenham College of Commerce & EconomicsPrior to joining Tata Mutual Fund, he has worked with J.P.Morgan India, Quantum Advisors, ICICI Securities Institutional and Daiwa Capital Markets India
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 months28.92% absolute | ₹60,000 | ₹77,352 | 28.92% | |
| 1 year1.64% annualised | ₹1,20,000 | ₹1,21,071 | 0.89% | |
| 3 years11.59% annualised | ₹3,60,000 | ₹4,32,208 | 20.06% | |
| 5 years14.11% annualised | ₹6,00,000 | ₹8,74,695 | 45.78% |
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 Tata Small Cap Fund?
The NAV of Tata Small Cap Fund is ₹40.12 as on 25 Sep 2026.
What is the expense ratio of Tata Small Cap Fund?
The expense ratio of Tata Small Cap Fund is 1.69% per year.
What is the minimum SIP amount for Tata Small Cap Fund?
You can start a SIP in Tata Small Cap Fund with ₹3,000 a month.
What returns has Tata Small Cap Fund given?
Tata Small Cap Fund has returned 20.2% over 1 year, 6.6% over 3 years and 12.8% over 5 years (annualised).
Is there a lock-in or exit load on Tata Small Cap Fund?
Lock-in: None. Exit load: Exit load of 0.50%, if redeemed within 30 days..
How risky is Tata Small Cap Fund?
Tata Small Cap Fund is rated Very High on the SEBI riskometer and belongs to the Small Cap category.
Which fund house manages Tata Small Cap Fund?
Tata Small Cap Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.