HDFC NIFTY Smallcap 250 Index Fund
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Smallcap 250 Index, subject to tracking error.
Growthvine rating: 4/5 — ranked #28 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹19.72 (as of 2026-08-21) |
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| AUM | ₹728 Cr |
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| Expense ratio | 0.64% |
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| Riskometer | Very High |
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| Fund manager | Nandita Menezes |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.52 |
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| Standard deviation | 21.82% |
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| Max drawdown | -26.35% |
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| Alpha | 0.16 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 0.0% |
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| Mid cap | 7.2% |
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| Small cap | 92.8% |
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Concentration
| Top 5 holdings | 6.8% |
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| Top 10 holdings | 12.1% |
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| Total holdings | 250 |
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Top holdings
- Sona BLW Precision Forgings Limited — 1.6%
- Karur Vysya Bank Ltd. — 1.5%
- Navin Fluorine International Limited — 1.3%
- Delhivery Limited — 1.3%
- Piramal Finance Limited — 1.1%
- Ather Energy Limited — 1.1%
- Central Depository Services (India) Ltd. — 1.1%
- RBL Bank Limited — 1.1%
- Welspun Corp Limited — 1.0%
- Krishna Institute of Medical Sciences Limited — 1.0%
Top sectors
- Banking & Financial — 11.4%
- Finance & Investments — 9.8%
- Industrial Products — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 10.2% | — | — |
| 2025 | -6.3% | — | — |
| 2024 | 25.4% | — | — |