Tata Small Cap Fund
Small CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹36.86+1.22%1 day
- Return since launch
- 17.5%
- 52-week range
- ₹30.26 — ₹40.51
- AUM
- ₹13,214 Cr
Tata Small Cap Fund is a Small Cap equity fund from Tata Mutual Fund with ₹13,214 Cr under management, launched in 2018. Over three years it has returned -0.2% a year, against 12.9% for its category. The expense ratio is 1.70% 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 -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 | 1.1% | −7.0 pts | 8.2% | 12.0% |
| 2Y | -2.5% | −11.8 pts | 9.2% | 8.4% |
| 3Y | -0.2% | −13.1 pts | 12.9% | 8.0% |
| 5Y | 8.3% | −4.9 pts | 13.2% | 13.2% |
| 7Y | 15.6% | −3.3 pts | 19.0% | 17.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.8% | −4.0 pts | -0.8% | -1.1% |
| 3M | -5.8% | −3.3 pts | -2.5% | -3.0% |
| 6M | 2.6% | −3.2 pts | 5.9% | 5.0% |
| 1Y | -4.5% | −12.7 pts | 8.2% | 7.6% |
| 2Y | -7.4% | −11.0 pts | 3.6% | 2.9% |
| 3Y | 7.7% | −5.2 pts | 12.9% | 12.5% |
| 5Y | 10.3% | −2.9 pts | 13.2% | 12.4% |
| 7Y | 19.7% | −2.4 pts | 22.1% | 19.8% |
Since launch (19 Oct 2018): 17.5%
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
1.69%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.46%
- 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 | -3.38 | 6.95 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.90 | 0.91 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.15 | 0.65 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.21 | 0.99 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 21.07 | 20.78 | 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 30 Sep 2026
Asset allocation
- Equity91.8%
- Other8.2%
Market cap split
- Mid7.4%
- Small92.6%
- P/E
- 28.42
- P/B
- 3.01
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 8.14% | ₹1,077 Cr | +9.08% | +11.50% | +9.30% |
| Sudarshan Chemical Industries Ltd. | Chemicals | 4.54% | ₹600 Cr | +3.51% | +3.84% | +5.38% |
| Usha Martin Ltd. | Metals & Mining | 4.38% | ₹579 Cr | +4.60% | +4.72% | +4.33% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 4.30% | ₹568 Cr | +6.55% | +4.54% | +3.20% |
| Tega Industries Ltd. | Metals & Mining | 4.15% | ₹548 Cr | +3.45% | +4.40% | +0.24% |
| IDFC First Bank Ltd. | Financial | 3.68% | ₹487 Cr | +3.79% | +3.66% | +3.54% |
| Wockhardt Ltd. | Healthcare | 3.36% | ₹444 Cr | +3.25% | +2.57% | +2.51% |
| Godrej Industries Ltd. | Consumer Staples | 3.11% | ₹411 Cr | +3.70% | +3.08% | +2.97% |
| The Ramco Cements Ltd. | Materials | 2.51% | ₹331 Cr | +1.66% | +1.21% | — |
| Cello World Ltd. | Consumer Discretionary | 2.49% | ₹329 Cr | +2.84% | +0.68% | +0.84% |
| Quess Corp Ltd. | Financial | 2.34% | ₹309 Cr | +1.97% | +1.63% | +1.16% |
| CarTrade Tech Ltd. | Services | 2.33% | ₹307 Cr | +2.28% | +1.72% | +1.11% |
| Carborundum Universal Ltd. | Metals & Mining | 2.26% | ₹299 Cr | +2.25% | +1.93% | +1.90% |
| Elantas Beck India Ltd. | Chemicals | 2.19% | ₹290 Cr | +1.79% | +1.78% | +1.76% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 2.14% | ₹282 Cr | +1.89% | +1.05% | +0.59% |
| Network People Services Technologies Ltd. | Technology | 2.05% | ₹270 Cr | +1.98% | +1.53% | +2.55% |
| BASF India Ltd. | Chemicals | 1.99% | ₹263 Cr | +2.19% | +2.55% | +2.88% |
| Redington Ltd. | Services | 1.99% | ₹263 Cr | +1.43% | +1.34% | +1.57% |
| Time Technoplast Ltd. | Materials | 1.96% | ₹259 Cr | +2.04% | +2.34% | +2.56% |
| Anant Raj Ltd. | Construction | 1.86% | ₹246 Cr | +1.71% | +1.73% | +2.18% |
| CE Info Systems Ltd. | Technology | 1.82% | ₹240 Cr | +1.81% | +2.33% | +2.62% |
| DCB Bank Ltd. | Financial | 1.75% | ₹231 Cr | +1.68% | +1.87% | +1.24% |
| Graphite India Ltd. | Capital Goods | 1.68% | ₹222 Cr | +1.84% | +2.41% | +1.79% |
| Shoppers Stop Ltd. | Services | 1.66% | ₹219 Cr | +1.50% | +1.58% | +2.15% |
| Wonderla Holidays Ltd. | Services | 1.63% | ₹215 Cr | +1.70% | +2.17% | +2.15% |
| Greenply Industries Ltd. | Materials | 1.59% | ₹210 Cr | +1.66% | +1.31% | +1.81% |
| ASK Automotive Ltd. | Automobile | 1.53% | ₹202 Cr | +1.13% | +1.46% | +1.43% |
| KSB Ltd. | Capital Goods | 1.50% | ₹199 Cr | +1.78% | +1.92% | +1.45% |
| Kirloskar Ferrous Industries Ltd. | Metals & Mining | 1.49% | ₹197 Cr | +1.55% | +1.52% | +1.83% |
| Sundaram - Clayton Dcd Ltd. | Financial | 1.43% | ₹189 Cr | +1.66% | +1.90% | +1.92% |
| SAMHI Hotels Ltd. | Services | 1.38% | ₹183 Cr | +1.66% | +1.59% | +2.01% |
| Gujarat Pipavav Port Ltd. | Services | 1.37% | ₹181 Cr | +1.31% | +1.61% | +1.47% |
| Krsnaa Diagnostics Ltd. | Healthcare | 1.11% | ₹146 Cr | +1.13% | +1.41% | +1.67% |
| PCBL Chemical Ltd. | Chemicals | 1.09% | ₹143 Cr | +1.11% | +1.09% | +1.39% |
| VIP Industries Ltd. | Consumer Discretionary | 1.03% | ₹137 Cr | +1.14% | +1.47% | +1.68% |
| Sundrop Brands Ltd. | Consumer Staples | 1.01% | ₹133 Cr | +0.91% | +1.04% | +1.20% |
| Finolex Cables Ltd. | Capital Goods | 0.99% | ₹131 Cr | +0.84% | +0.73% | +0.63% |
| ACME Solar Holdings Ltd. | Energy | 0.96% | ₹127 Cr | +1.80% | +1.61% | +1.11% |
| CIE Automotive India Ltd. | Metals & Mining | 0.95% | ₹125 Cr | +1.18% | +1.50% | +1.12% |
| Hirect Ltd. | Capital Goods | 0.94% | ₹125 Cr | — | — | — |
| Bluspring Enterprises Ltd. | Services | 0.90% | ₹119 Cr | +0.74% | +0.44% | +0.55% |
| Smartworks Coworking Spaces Ltd. | Services | 0.85% | ₹113 Cr | +0.84% | +0.84% | +1.05% |
| Augmont Enterprises Ltd. | Financial | 0.82% | ₹108 Cr | — | — | — |
| Gokaldas Exports Ltd. | Textiles | 0.78% | ₹103 Cr | +1.05% | +0.91% | +0.93% |
| Keystone Realtors Ltd | Construction | 0.75% | ₹98.76 Cr | +0.91% | +1.06% | +1.39% |
| Honda India Power Products Ltd. | Capital Goods | 0.74% | ₹97.66 Cr | +0.91% | +1.00% | +1.23% |
| Vardhman Special Steels Ltd. | Metals & Mining | 0.72% | ₹95.39 Cr | +0.53% | +0.52% | +0.60% |
| MM Forgings Ltd. | Metals & Mining | 0.71% | ₹94.36 Cr | +0.57% | +0.61% | +0.42% |
| JSW Dulux Ltd. | Materials | 0.67% | ₹88.52 Cr | +0.74% | +0.85% | +0.82% |
| Hikal Ltd. | Healthcare | 0.54% | ₹71.90 Cr | +0.58% | +0.50% | +0.71% |
| Ramco Industries Ltd. | Materials | 0.53% | ₹70.18 Cr | +0.62% | +0.55% | +0.65% |
| Natco Pharma Ltd. | Healthcare | 0.52% | ₹68.57 Cr | +0.41% | +0.56% | +0.38% |
| Transport Corporation Of India Ltd. | Services | 0.52% | ₹68.26 Cr | +0.58% | +0.75% | +0.79% |
| Ganesha Ecosphere Ltd. | Textiles | 0.44% | ₹57.91 Cr | +0.42% | +0.51% | +0.59% |
| Eveready Industries India Ltd. | Consumer Staples | 0.43% | ₹57.30 Cr | +0.52% | +0.48% | +0.58% |
| Eureka Forbes Ltd. | Metals & Mining | 0.31% | ₹40.48 Cr | +0.41% | +0.51% | +0.55% |
| Digitide Solutions Ltd. | Services | 0.26% | ₹35.00 Cr | +0.33% | +0.38% | +0.66% |
| Automotive Axles Ltd. | Automobile | 0.19% | ₹24.47 Cr | +0.20% | +0.23% | +0.21% |
| Allcargo Global Ltd. | Services | 0.17% | ₹22.47 Cr | +0.32% | — | — |
| Allcargo Logistics Ltd. | Services | 0.13% | ₹17.34 Cr | +0.11% | +0.55% | +0.47% |
| Saregama India Ltd. | Services | 0.11% | ₹15.15 Cr | +0.64% | +0.58% | — |
| Powergrid Infrastructure Investment Trust | Services | 0.08% | ₹10.69 Cr | +0.08% | +0.10% | +0.09% |
| Rallis India Ltd. | Chemicals | 0.08% | ₹10.79 Cr | +0.10% | +0.12% | +0.14% |
| Transindia Real Estate Ltd. | Services | 0.07% | ₹8.94 Cr | +0.07% | +0.08% | +0.08% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tega Industries Ltd. | 3.15% | 4.15% | +1.00% |
| ACME Solar Holdings Ltd. | 1.81% | 0.96% | -0.85% |
| Sri Lotus Developers and Realty Ltd. | 0.39% | 0.00% | -0.39% |
| The Ramco Cements Ltd. | 2.15% | 2.51% | +0.36% |
| Quess Corp Ltd. | 2.69% | 2.34% | -0.35% |
| CE Info Systems Ltd. | 2.17% | 1.82% | -0.35% |
| Elantas Beck India Ltd. | 1.85% | 2.19% | +0.34% |
| Wockhardt Ltd. | 3.02% | 3.36% | +0.34% |
| Graphite India Ltd. | 2.00% | 1.68% | -0.32% |
| Godrej Industries Ltd. | 3.42% | 3.11% | -0.31% |
| Sudarshan Chemical Industries Ltd. | 4.83% | 4.54% | -0.29% |
| Kirloskar Pneumatic Company Ltd. | 4.58% | 4.30% | -0.28% |
| Carborundum Universal Ltd. | 2.02% | 2.26% | +0.24% |
| IDFC First Bank Ltd. | 3.92% | 3.68% | -0.24% |
| Cello World Ltd. | 2.72% | 2.49% | -0.23% |
| Augmont Enterprises Ltd. | 0.60% | 0.82% | +0.22% |
| BASF India Ltd. | 2.21% | 1.99% | -0.22% |
| Redington Ltd. | 1.77% | 1.99% | +0.22% |
| Natco Pharma Ltd. | 0.35% | 0.52% | +0.17% |
| Others | 3.25% | 3.09% | -0.16% |
| DCB Bank Ltd. | 1.89% | 1.75% | -0.14% |
| Wonderla Holidays Ltd. | 1.76% | 1.63% | -0.13% |
| Finolex Cables Ltd. | 0.86% | 0.99% | +0.13% |
| Gokaldas Exports Ltd. | 0.90% | 0.78% | -0.12% |
| Sundrop Brands Ltd. | 0.90% | 1.01% | +0.11% |
| Balrampur Chini Mills Ltd. | 2.25% | 2.14% | -0.11% |
| Shoppers Stop Ltd. | 1.55% | 1.66% | +0.11% |
| Sundaram - Clayton Dcd Ltd. | 1.53% | 1.43% | -0.10% |
| Digitide Solutions Ltd. | 0.36% | 0.26% | -0.10% |
| Bluspring Enterprises Ltd. | 0.81% | 0.90% | +0.09% |
| CarTrade Tech Ltd. | 2.42% | 2.33% | -0.09% |
| Network People Services Technologies Ltd. | 1.96% | 2.05% | +0.09% |
| Alivus Life Sciences Ltd | 0.08% | 0.00% | -0.08% |
| Hirect Ltd. | 1.01% | 0.94% | -0.07% |
| KSB Ltd. | 1.43% | 1.50% | +0.07% |
| MM Forgings Ltd. | 0.78% | 0.71% | -0.07% |
| VIP Industries Ltd. | 1.10% | 1.03% | -0.07% |
| Vardhman Special Steels Ltd. | 0.65% | 0.72% | +0.07% |
| Time Technoplast Ltd. | 2.03% | 1.96% | -0.07% |
| ASK Automotive Ltd. | 1.59% | 1.53% | -0.06% |
| Honda India Power Products Ltd. | 0.80% | 0.74% | -0.06% |
| Eureka Forbes Ltd. | 0.37% | 0.31% | -0.06% |
| Greenply Industries Ltd. | 1.55% | 1.59% | +0.04% |
| Keystone Realtors Ltd | 0.79% | 0.75% | -0.04% |
| Kirloskar Ferrous Industries Ltd. | 1.45% | 1.49% | +0.04% |
| PCBL Chemical Ltd. | 1.05% | 1.09% | +0.04% |
| SAMHI Hotels Ltd. | 1.42% | 1.38% | -0.04% |
| Smartworks Coworking Spaces Ltd. | 0.89% | 0.85% | -0.04% |
| Usha Martin Ltd. | 4.42% | 4.38% | -0.04% |
| Ramco Industries Ltd. | 0.57% | 0.53% | -0.04% |
| Hikal Ltd. | 0.51% | 0.54% | +0.03% |
| Allcargo Logistics Ltd. | 0.16% | 0.13% | -0.03% |
| Anant Raj Ltd. | 1.89% | 1.86% | -0.03% |
| CIE Automotive India Ltd. | 0.97% | 0.95% | -0.02% |
| Eveready Industries India Ltd. | 0.45% | 0.43% | -0.02% |
| JSW Dulux Ltd. | 0.69% | 0.67% | -0.02% |
| Gujarat Pipavav Port Ltd. | 1.39% | 1.37% | -0.02% |
| Ganesha Ecosphere Ltd. | 0.45% | 0.44% | -0.01% |
| Krsnaa Diagnostics Ltd. | 1.10% | 1.11% | +0.01% |
| Transindia Real Estate Ltd. | 0.06% | 0.07% | +0.01% |
| Rallis India Ltd. | 0.09% | 0.08% | -0.01% |
| Allcargo Global Ltd. | 0.18% | 0.17% | -0.01% |
| Automotive Axles Ltd. | 0.19% | 0.19% | 0.00% |
| Powergrid Infrastructure Investment Trust | 0.08% | 0.08% | 0.00% |
| Saregama India Ltd. | 0.11% | 0.11% | 0.00% |
| Transport Corporation Of India Ltd. | 0.52% | 0.52% | 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 | ₹12,977 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 | ₹3,671 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 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 months2.64% absolute | ₹60,000 | ₹61,584 | 2.64% | |
| 1 year−4.50% annualised | ₹1,20,000 | ₹1,17,115 | −2.40% | |
| 3 years7.73% annualised | ₹3,60,000 | ₹4,06,310 | 12.86% | |
| 5 years10.31% annualised | ₹6,00,000 | ₹7,87,456 | 31.24% |
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 ₹36.86 as on 9 Nov 2026.
What is the expense ratio of Tata Small Cap Fund?
The expense ratio of Tata Small Cap Fund is 1.70% 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 1.1% over 1 year, -0.2% over 3 years and 8.3% 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 62 schemes with ₹2,39,201 Cr under management.