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 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.50 (as of 2026-10-23) |
|---|
| AUM | ₹754 Cr |
|---|
| Expense ratio | 0.64% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Nandita Menezes |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Sharpe ratio | 0.4 |
|---|
| Standard deviation | 21.87% |
|---|
| Max drawdown | −26.35% |
|---|
| Alpha | 0.16 |
|---|
| Beta | 1 |
|---|
Market cap allocation
| Large cap | 0.0% |
|---|
| Mid cap | 3.0% |
|---|
| Small cap | 97.0% |
|---|
Concentration
| Top 5 holdings | 7.2% |
|---|
| Top 10 holdings | 12.6% |
|---|
| Total holdings | 251 |
|---|
Top holdings
- TREPS - Tri-party Repo — 1.9%
- Sona BLW Precision Forgings Limited — 1.7%
- Welspun Corp Limited — 1.6%
- Karur Vysya Bank Ltd. — 1.4%
- Navin Fluorine International Limited — 1.4%
- Ather Energy Limited — 1.2%
- RBL Bank Limited — 1.1%
- Delhivery Limited — 1.1%
- Redington Limited — 1.1%
- HFCL LIMITED — 1.0%
Top sectors
- Industrial Products — 11.3%
- Automobile — 10.6%
- Banking & Financial — 10.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.2% | — | — |
| 2025 | −6.3% | — | — |
| 2024 | 25.4% | — | — |