HDFC Small Cap Fund Direct Growth

Fund Overview

Fund Size

₹41,891 Cr

Expense Ratio

0.75%

ISIN

INF179KA1RW5

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

HDFC Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 13 years, 9 months and 11 days, having been launched on 01-Jan-13.
As of 09-Oct-26, it has a Net Asset Value (NAV) of ₹154.44, Assets Under Management (AUM) of 41890.86 Crores, and an expense ratio of 0.75%.

HDFC Small Cap Fund Direct Growth has given a CAGR return of 17.95% since inception.
The fund's asset allocation comprises around 89.70% in equities, 0.00% in debts, and 10.30% in cash & cash equivalents.
You can start investing in HDFC Small Cap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-4.04%

+9.21% (Cat Avg.)

3 Years

+9.72%

+14.54% (Cat Avg.)

5 Years

+13.02%

+14.11% (Cat Avg.)

10 Years

+16.88%

+16.13% (Cat Avg.)

Since Inception

+17.95%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2026

Equity	₹37,577.2 Cr	89.70%
Others	₹4,313.67 Cr	10.30%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹4,292.75 Cr	10.25%
Firstsource Solutions Ltd	Equity	₹1,554.96 Cr	3.71%
Aster DM Quality Care Ltd Ordinary Shares	Equity	₹1,492.35 Cr	3.56%
Gabriel India Ltd	Equity	₹1,363.29 Cr	3.25%
eClerx Services Ltd	Equity	₹1,294.41 Cr	3.09%
Bank of Baroda	Equity	₹1,117.34 Cr	2.67%
Indian Bank	Equity	₹870.72 Cr	2.08%
Krishna Institute of Medical Sciences Ltd	Equity	₹841.14 Cr	2.01%
Eris Lifesciences Ltd Registered Shs	Equity	₹838.59 Cr	2.00%
Apar Industries Ltd	Equity	₹796.67 Cr	1.90%
Pearl Global Industries Ltd	Equity	₹741.2 Cr	1.77%
The Federal Bank Ltd	Equity	₹740.49 Cr	1.77%
Sudarshan Chemical Industries Ltd	Equity	₹733.46 Cr	1.75%
Home First Finance Co India Ltd	Equity	₹707.01 Cr	1.69%
Vijaya Diagnostic Centre Ltd	Equity	₹700.92 Cr	1.67%
PVR INOX Ltd	Equity	₹696.89 Cr	1.66%
Chalet Hotels Ltd	Equity	₹680.98 Cr	1.63%
Kalpataru Projects International Ltd	Equity	₹649.46 Cr	1.55%
City Union Bank Ltd	Equity	₹611.35 Cr	1.46%
Suprajit Engineering Ltd	Equity	₹596.91 Cr	1.42%
Great Eastern Shipping Co Ltd	Equity	₹590.31 Cr	1.41%
Sonata Software Ltd	Equity	₹586.57 Cr	1.40%
Power Mech Projects Ltd	Equity	₹554.66 Cr	1.32%
JSW Dulux Ltd	Equity	₹552.03 Cr	1.32%
Timken India Ltd	Equity	₹548.87 Cr	1.31%
Dodla Dairy Ltd	Equity	₹535.86 Cr	1.28%
Vardhman Textiles Ltd	Equity	₹534.42 Cr	1.28%
Godrej Consumer Products Ltd	Equity	₹533.61 Cr	1.27%
Aditya Vision Ltd	Equity	₹529.17 Cr	1.26%
Blue Dart Express Ltd	Equity	₹510.65 Cr	1.22%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹504.6 Cr	1.20%
Redington Ltd	Equity	₹485.34 Cr	1.16%
L.G.Balakrishnan & Bros Ltd	Equity	₹469.61 Cr	1.12%
FIEM Industries Ltd	Equity	₹460.3 Cr	1.10%
JK Tyre & Industries Ltd	Equity	₹457.51 Cr	1.09%
Vishal Mega Mart Ltd	Equity	₹453.87 Cr	1.08%
Fortis Healthcare Ltd	Equity	₹453.47 Cr	1.08%
Voltamp Transformers Ltd	Equity	₹438.25 Cr	1.05%
VRL Logistics Ltd	Equity	₹437.06 Cr	1.04%
Indigo Paints Ltd Ordinary Shares	Equity	₹432.55 Cr	1.03%
CIE Automotive India Ltd	Equity	₹424.19 Cr	1.01%
Sharda Cropchem Ltd	Equity	₹417.88 Cr	1.00%
Transport Corp of India Ltd	Equity	₹414.01 Cr	0.99%
NRB Bearings Ltd	Equity	₹406.57 Cr	0.97%
Zensar Technologies Ltd	Equity	₹391 Cr	0.93%
Shoppers Stop Ltd	Equity	₹385.84 Cr	0.92%
Lumax Industries Ltd	Equity	₹378.08 Cr	0.90%
Tega Industries Ltd	Equity	₹369.27 Cr	0.88%
UTI Asset Management Co Ltd	Equity	₹362.65 Cr	0.87%
Kirloskar Ferrous Industries Ltd	Equity	₹357.64 Cr	0.85%
Chambal Fertilisers & Chemicals Ltd	Equity	₹351.3 Cr	0.84%
SKF India (Industrial) Ltd	Equity	₹330.69 Cr	0.79%
Tata Steel Ltd	Equity	₹284.7 Cr	0.68%
Redtape Ltd	Equity	₹278.05 Cr	0.66%
Mastek Ltd	Equity	₹276.23 Cr	0.66%
Unichem Laboratories Ltd	Equity	₹275.97 Cr	0.66%
The Anup Engineering Ltd	Equity	₹265.34 Cr	0.63%
Aadhar Housing Finance Ltd	Equity	₹264.22 Cr	0.63%
PNC Infratech Ltd	Equity	₹246.22 Cr	0.59%
Bajaj Consumer Care Ltd	Equity	₹245.72 Cr	0.59%
Wakefit Innovations Ltd	Equity	₹235.9 Cr	0.56%
GMM Pfaudler Ltd	Equity	₹221.45 Cr	0.53%
KEC International Ltd	Equity	₹206.55 Cr	0.49%
Bajaj Electricals Ltd	Equity	₹203.22 Cr	0.49%
Gateway Distriparks Ltd	Equity	₹181.58 Cr	0.43%
GNA Axles Ltd	Equity	₹176.91 Cr	0.42%
Ion Exchange (India) Ltd	Equity	₹174.88 Cr	0.42%
Awfis Space Solutions Ltd	Equity	₹173.01 Cr	0.41%
SKF India Ltd	Equity	₹172.25 Cr	0.41%
KEI Industries Ltd	Equity	₹172.21 Cr	0.41%
Vesuvius India Ltd	Equity	₹160.48 Cr	0.38%
La Opala RG Ltd	Equity	₹160.22 Cr	0.38%
Insecticides (India) Ltd	Equity	₹158.72 Cr	0.38%
Vedant Fashions Ltd	Equity	₹154.59 Cr	0.37%
Gujarat Pipavav Port Ltd	Equity	₹147.45 Cr	0.35%
IFGL Refractories Ltd	Equity	₹137.53 Cr	0.33%
G R Infraprojects Ltd	Equity	₹131.17 Cr	0.31%
Jupiter Life Line Hospitals Ltd	Equity	₹125.57 Cr	0.30%
Emami Ltd	Equity	₹122.52 Cr	0.29%
D B Corp Ltd	Equity	₹94.18 Cr	0.22%
Goodyear India Ltd	Equity	₹93.39 Cr	0.22%
Sula Vineyards Ltd	Equity	₹88.4 Cr	0.21%
Brainbees Solutions Ltd	Equity	₹85.39 Cr	0.20%
BEML Ltd	Equity	₹78.7 Cr	0.19%
Carborundum Universal Ltd	Equity	₹72.21 Cr	0.17%
TCI Express Ltd	Equity	₹26.31 Cr	0.06%
Net Current Assets	Cash	₹20.92 Cr	0.05%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹9,269.61 Cr	22.13%
Industrials	₹8,427.36 Cr	20.12%
Financial Services	₹5,178.38 Cr	12.36%
Healthcare	₹4,728.01 Cr	11.29%
Technology	₹4,588.51 Cr	10.95%
Basic Materials	₹3,068.17 Cr	7.32%
Consumer Defensive	₹1,526.11 Cr	3.64%
Communication Services	₹791.06 Cr	1.89%

Risk & Performance Ratios

Fund Managers

Chirag Setalvad

Since June 2014

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 31st August 2026

ISIN

INF179KA1RW5

Expense Ratio

0.75%

Exit Load

1.00%

Fund Size

₹41,891 Cr

Age

13 years 9 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

BSE 250 SmallCap TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Small-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Nifty Smallcap 250 ETF Very High Risk	1.4%	-	₹9.15 Cr	-
SBI Nifty Smallcap 250 ETF Very High Risk	0.9%	-	₹8.42 Cr	-
The Wealth Company Small Cap Fund Regular Growth Very High Risk	4.2%	1.0%	₹129.23 Cr	-
The Wealth Company Small Cap Fund Direct Growth Very High Risk	2.3%	1.0%	₹129.23 Cr	-
Abakkus Small Cap Fund Direct Growth Very High Risk	1.3%	1.0%	₹2794.20 Cr	-
Abakkus Small Cap Fund Regular Growth Very High Risk	2.6%	1.0%	₹2794.20 Cr	-
Groww Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹764.03 Cr	-
Groww Small Cap Fund Regular Growth Very High Risk	2.7%	1.0%	₹764.03 Cr	-
DSP Nifty Smallcap 250 ETF Very High Risk	0.7%	-	₹8.39 Cr	-
Helios Small Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹1736.52 Cr	-
Helios Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1736.52 Cr	-
Mirae Asset Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹83.59 Cr	-
Samco Small Cap Fund Direct Growth Very High Risk	2.0%	1.0%	₹196.45 Cr	-
Samco Small Cap Fund Regular Growth Very High Risk	3.5%	1.0%	₹196.45 Cr	-
Groww Nifty Smallcap 250 ETF Very High Risk	0.4%	-	₹17.49 Cr	-
Zerodha Nifty Smallcap 100 ETF Very High Risk	0.3%	-	₹100.80 Cr	7.1%
Bajaj Finserv Small Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹2646.91 Cr	14.5%
Bajaj Finserv Small Cap Fund Regular Growth Very High Risk	2.4%	0.0%	₹2646.91 Cr	12.8%
Mirae Asset Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹5717.05 Cr	7.0%
Mirae Asset Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹5717.05 Cr	8.6%
TrustMF Small Cap Fund Direct Growth Very High Risk	1.6%	1.0%	₹3438.90 Cr	28.5%
TrustMF Small Cap Fund Regular Growth Very High Risk	2.9%	1.0%	₹3438.90 Cr	26.5%
JM Small Cap Fund Regular Growth Very High Risk	2.5%	1.0%	₹929.50 Cr	11.9%
JM Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹929.50 Cr	13.7%
Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.5%	-	₹253.42 Cr	3.4%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹8150.20 Cr	17.6%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹8150.20 Cr	19.0%
Quantum Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹265.27 Cr	6.1%
Quantum Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹265.27 Cr	4.6%
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1309.22 Cr	8.2%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1309.22 Cr	6.9%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	0.9%	0.0%	₹37.07 Cr	2.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.2%	0.0%	₹37.07 Cr	2.2%
Union Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹2667.47 Cr	18.9%
Union Small Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹2667.47 Cr	20.2%
HDFC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹41890.86 Cr	-4.0%
Kotak Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹19678.75 Cr	4.1%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	1.2%	1.0%	₹9820.61 Cr	3.0%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹82580.31 Cr	7.3%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.4%	1.0%	₹82580.31 Cr	6.5%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹15744.40 Cr	11.7%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹15744.40 Cr	10.3%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹9820.61 Cr	2.0%
ITI Small Cap Fund Regular Growth Very High Risk	2.2%	0.0%	₹3602.85 Cr	16.1%

About the AMC

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹9,56,438 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Nifty LargeMidcap250 Plus 8-13 yr G-sec 70 30 Index Fund Direct Growth High Risk	-	0.0%	-	-
HDFC BSE REITS and Commercial Real Estate Index Fund Direct Growth Very High Risk	-	0.0%	-	-
HDFC Gold Silver Passive FOF Direct Growth Very High Risk	-	1.0%	-	-
HDFC Nifty Metal ETF FOF Direct Growth Very High Risk	0.1%	-	₹115.15 Cr	-
HDFC Nifty Auto Index Fund Direct Growth Very High Risk	2.3%	0.0%	₹162.79 Cr	-
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹957.98 Cr	-
HDFC Income Plus Arbitrage Omni FOF Direct Growth Moderately High risk	0.1%	1.0%	₹30.24 Cr	-
HDFC Nifty India Consumption Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹114.70 Cr	-
HDFC BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹173.75 Cr	-
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.3%	1.0%	₹2700.87 Cr	-4.7%
HDFC Innovation Fund Direct Growth Very High Risk	1.0%	1.0%	₹3188.93 Cr	12.2%
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2264.18 Cr	7.1%
HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹91.20 Cr	-10.3%
HDFC Nifty100 Quality 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹143.74 Cr	-6.0%
HDFC Nifty India Digital Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹157.81 Cr	-10.8%
HDFC Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹466.18 Cr	-4.0%
HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹517.99 Cr	-3.2%
HDFC NIFTY100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹219.67 Cr	-7.7%
HDFC Manufacturing Fund Direct Growth Very High Risk	0.9%	1.0%	₹10751.82 Cr	2.8%
HDFC NIFTY Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹144.24 Cr	-8.9%
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth Very High Risk	0.9%	0.0%	₹608.84 Cr	-6.0%
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	1.1%	1.0%	₹3310.64 Cr	23.2%
HDFC Technology Fund Direct Growth Very High Risk	1.1%	1.0%	₹1483.59 Cr	-13.6%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹30.78 Cr	7.2%
HDFC FMP 1204D December 2022 (47) Direct Growth Low Risk	-	-	₹51.24 Cr	6.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low Risk	-	0.0%	₹76.38 Cr	5.7%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹316.54 Cr	5.6%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹246.30 Cr	5.7%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low Risk	-	0.0%	₹35.27 Cr	5.8%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low Risk	-	0.0%	₹161.40 Cr	6.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low Risk	-	0.0%	₹504.60 Cr	5.9%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	₹151.02 Cr	3.8%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹107295.79 Cr	-3.5%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹22296.62 Cr	-7.1%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth Moderate Risk	0.0%	0.0%	₹2625.68 Cr	5.2%
HDFC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹41890.86 Cr	-4.0%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.4%	1.0%	₹1166.99 Cr	-8.9%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹30294.02 Cr	-4.1%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹637.58 Cr	3.2%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹931.89 Cr	5.5%
HDFC Business Cycle Fund Direct Growth Very High Risk	1.2%	1.0%	₹2774.50 Cr	-0.9%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹774.79 Cr	3.3%
HDFC Credit Risk Debt Fund Direct Growth High Risk	1.0%	1.0%	₹7665.78 Cr	6.8%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹177.43 Cr	5.6%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5186.08 Cr	4.3%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹4687.81 Cr	1.7%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.3%	1.0%	₹1022.11 Cr	-9.5%
HDFC Asset Allocator Fund of Funds Direct Growth High Risk	0.1%	1.0%	₹6200.32 Cr	1.5%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of HDFC Small Cap Fund Direct Growth?

The NAV of HDFC Small Cap Fund Direct Growth, as of 09-Oct-2026, is ₹154.44.

What are the returns of HDFC Small Cap Fund Direct Growth?

The fund has generated -4.04% over the last 1 year and 9.72% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HDFC Small Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 89.70% in equities, 0.00% in bonds, and 10.30% in cash and cash equivalents.

Who manages the HDFC Small Cap Fund Direct Growth?

The fund managers responsible for HDFC Small Cap Fund Direct Growth are:-

Chirag Setalvad
Dhruv Muchhal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HDFC Small Cap Fund Direct Growth

Fund Overview