ICICI Pru Nifty Smallcap 250 Index Fund
The scheme seeks to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in stocks comprising the Nifty Smallcap 250 Index in the same weightage that they represent in Nifty Smallcap 250 Index.
Growthvine rating: 4/5 — ranked #8 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹16.77 (as of 2026-10-22) |
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| AUM | ₹785 Cr |
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| Expense ratio | 0.76% |
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| Riskometer | Very High |
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| Fund manager | Ajay Kumar Solanki |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.4 |
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| Standard deviation | 21.84% |
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| Max drawdown | −27.11% |
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| Alpha | 0.49 |
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| Beta | 1 |
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Over 5 years, captured 97.6% of NIFTY Smallcap 250's upside and 102.0% of its downside.
Market cap allocation
| Large cap | 2.4% |
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| Mid cap | 1.5% |
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| Small cap | 96.1% |
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Concentration
| Top 5 holdings | 12.6% |
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| Top 10 holdings | 21.0% |
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| Total holdings | 117 |
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| Index overlap | 15.8% |
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| Active share | 84.2% |
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Top holdings
- SHADOWFAX TECHNOLOGIES LIMITED — 3.8%
- TREPS — 3.5%
- SEDEMAC MECHATRONICS LIMITED — 2.8%
- Atul Limited. — 2.1%
- TRAVEL FOOD SERVICES LIMITED — 2.1%
- R R KABEL LIMITED — 1.9%
- Timken India Ltd — 1.8%
- Lic Housing Finance Ltd. — 1.7%
- Minda Corporation Limited — 1.7%
- ZF Commercial Vehicle Control Systems India Limited — 1.6%
Top sectors
- Automobile — 13.8%
- Industrial Products — 13.8%
- Banking & Financial — 8.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.4% | Q4 (Bottom) | #27 of 34 |
| 2025 | −6.5% | Q3 | #22 of 30 |
| 2024 | 25.6% | Q2 | #13 of 28 |
| 2023 | 46.9% | Q1 (Top) | #6 of 24 |
| 2022 | −3.9% | Q4 (Bottom) | #18 of 22 |