HDFC Small Cap Fund Direct-Growth
Benchmark: BSE 250 SmallCap TRI · Inception: 01/01/2013 · NAV: ₹155.01 (01/10/2026)
AUM: ₹41891 Cr · Expense Ratio: 0.79% · Riskometer: Very High
The fund's Alpha of -1.05 underperforms the Category Alpha of 2.51, and its Sharpe ratio of 0.31 is lower than the Category Sharpe of 0.37. While the Sortino ratio of 0.45 is not specified against a category average, its Beta of 0.78 is higher than the Category Beta of 0.58.
The fund has delivered a long-term return of 16.97% over 10 years and maintains a high equity exposure of 89.64%.
The Alpha of -1.05 is lower than the Category Alpha of 2.51, and the Sharpe ratio of 0.31 is lower than the Category Sharpe of 0.37. Additionally, the Std Dev of 17.61 is higher than the Category Std Dev of 13.07, indicating more volatility than its peers.
The fund's Beta of 0.78 is higher than the Category Beta of 0.58, and its Std Dev of 17.61 is higher than the Category Std Dev of 13.07, indicating a higher risk profile than the average in its category. This fund may suit aggressive investors comfortable with high volatility for small-cap exposure.
The fund underperforms its category peers in key risk-adjusted metrics like Alpha and Sharpe while exhibiting higher volatility (Std Dev) than the category average. It currently shows lower relative performance efficiency compared to its peer group.
HDFC Small Cap Fund carries an overall rating of 3.0/5 (Selective Buy), showing moderate standing within the Small Cap category. Its alpha of -1.05 underperformss the category average of 2.51, suggesting room for improvement in active management. The Sharpe ratio of 0.31 sits below the category mean of 0.37, while volatility (std dev 17.61%) is higher than peers (13.07%), indicating relatively higher volatility. With a 5-year CAGR of 13.61% and expense ratio of 0.79%, investors should weigh cost-adjusted returns carefully.
| Period | CAGR |
|---|---|
| 1Y | -3.65% |
| 3Y | 9.39% |
| 5Y | 13.61% |
| 10Y | 16.97% |
| Since Launch | 18.00% |
- ✅ Low expense ratio 0.79% — cost-efficient
- ⚠️ Alpha -1.05 below category avg 2.51
- ⚠️ Higher volatility 17.61% vs peers 13.07%
- ⚠️ Negative 1Y return (-3.65%) — recent underperformance