Mutual fund

HDFC Small Cap Fund

HDFC Mutual Fund · Equity

Current range: July 2026 → August 2026

Fund Quality

Average fund↓58.6 / 100

#10 of 19 in Small Cap Fund

Returns20%: 32.7
Consistency20%: 63.3
Downside20%: 78.6
Fees10%: –
Risk10%: 61.1

Increasing Consumer Services exposure while reducing Financial Services.

Sector allocation, Feb 2026 → Aug 2026

84Holdings
20Increased
9Reduced
1New
1Exited

AUM ₹42,125 cr · 31 Aug 202620 historical disclosures

Fund Quality

Average58.6 / 100

Rank 10 of 19 in Small Cap Fund
↓ Deteriorating · −3.4 since 30 Jun 2026

Provisional ratingLow confidence

Performance335-year return 13.9% a year against a peer median of 15.4%.
Consistency63Beat the peer median in 58% of rolling 1-year and 71% of rolling 3-year periods over 5 years.
Downside protection79Deepest fall −22.6% in 5 years; fell 94% as much as the peer median in down months.
Value for money—Not measured. No AMFI TER row is linked to this plan for the as-of month.
Portfolio riskPartial evidence61Top 10 stocks are 26% of assets, about 55 effective holdings.
Manager & process stability—Not measured. Manager appointment records and process documentation are not loaded, so manager and process stability cannot be assessed.

Strengths: Fell less than most peers in market declines.

Weaknesses: Long-term returns behind most category peers.

Change since 30 Jun 2026: Performance −3.4 points.

Provisional: some supporting dimensions have no usable data yet, so this rating rests mainly on returns, consistency and downside protection.

How Fund Quality works

Each diversified active fund is compared with its current category peers over identical five- and three-year windows, using its Direct Growth plan. Index funds, ETFs and sector or thematic funds are not rated.
Six dimensions are scored 0–100 against peers. Returns, consistency and downside protection carry most of the weight; value for money, portfolio risk and manager stability support them. A dimension without evidence is left out and the rest re-weighted; it is never scored as zero or average.
Great is 85+, Good 70–85, Average 50–70, Poor 30–50 and Awful below 30. Great also needs strong returns, consistency and downside protection and five years of history; weak downside protection caps a fund at Average.
A rating with all three core dimensions and only one supporting dimension is provisional and lower confidence. Without all three core dimensions there is no rating.
Fund Quality is not a return ranking and not a recommendation. Past performance does not predict future returns.
Peers are the plan's current AMFI category; dated category history is not loaded, so a fund that changed category is compared with its current peers throughout.
Closed and merged schemes are not loaded, so peer groups contain survivors only.
No fund-to-benchmark mapping is loaded, so nothing here measures performance against the fund's benchmark.
Manager & process stability is not assessed: its data is not loaded. Mandate discipline is not part of the rating.
Fund Quality describes past evidence. In a 2019–2023 test, funds with higher return, consistency and downside scores did not go on to beat their peers over the next three years.
Past performance and risk do not predict future results. Fund Quality is not a recommendation to buy, sell or switch.
Methodology fund_quality_v1, NAV as of 1 Oct 2026.

Latest changes

Current range: July 2026 → August 2026

Added

Largest addition

Firstsource Solutions Ltd.

shares +0.3% · Services

−₹213 cr

What changed?

Current range: July 2026 → August 2026

StockSharesPortfolio weight

Firstsource Solutions Ltd.FSL

Services

Shares−₹213 cr58.52M → 58.72M+200.00K+0.3% shares

Portfolio weight4.2% → 3.7%−0.5 pp weight

Pearl Global Industries LimitedPGIL

Consumer Services

Shares+₹148 cr2.87M → 3.01M+137.50K+4.8% shares

Portfolio weight1.4% → 1.8%+0.4 pp weight

eClerx Services Ltd.ECLERX

Services

Shares+₹104 cr6.45M → 6.55M+100.03K+1.6% shares

Portfolio weight2.9% → 3.1%+0.2 pp weight

Vijaya Diagnostic Centre Ltd.VIJAYA

Healthcare

Shares+₹93.8 cr4.52M → 4.62M+100.00K+2.2% shares

Portfolio weight1.5% → 1.7%+0.2 pp weight

Indigo Paints LimitedINDIGOPNTS

Consumer Durables

Shares+₹85.7 cr3.12M → 3.75M+631.78K+20.2% shares

Portfolio weight0.8% → 1.0%+0.2 pp weight

Chalet Hotels Ltd.CHALET

Consumer Services

Shares+₹70.5 cr7.52M → 7.53M+9.21K+0.1% shares

Portfolio weight1.5% → 1.6%+0.2 pp weight

Jupiter Life Line Hospitals LimitedJLHL

Healthcare

Shares+₹68.9 cr1.71M → 4.25M+2.54M+148.6% shares

Portfolio weight0.1% → 0.3%+0.2 pp weight

Lumax Industries LimitedLUMAXIND

Automobile and Auto Components

Shares+₹59.1 cr603.65K → 606.53K+2.88K+0.5% shares

Portfolio weight0.8% → 0.9%+0.1 pp weight

Fiem Industries LimitedFIEMIND

Automobile and Auto Components

Shares−₹50.9 cr2.20M → 2.26M+60.38K+2.7% shares

Portfolio weight1.2% → 1.1%−0.1 pp weight

Godrej Consumer Products Ltd.GODREJCP

Fast Moving Consumer Goods

Shares−₹49.6 cr5.45M → 5.92M+472.08K+8.7% shares

Portfolio weight1.4% → 1.3%−0.1 pp weight

Wakefit Innovations LimitedWAKEFIT

Consumer Durables

Shares+₹44.0 cr15.34M → 16.07M+735.04K+4.8% shares

Portfolio weight0.5% → 0.6%+0.1 pp weight

JSW Dulux Ltd.JSWDULUX

Consumer Durables

Shares+₹42.2 cr1.73M → 1.74M+9.54K+0.6% shares

Portfolio weight1.2% → 1.3%+0.1 pp weight

Zensar Technolgies Ltd.ZENSARTECH

Information Technology

Shares−₹35.3 cr8.39M → 8.49M+100.00K+1.2% shares

Portfolio weight1.0% → 0.9%−0.1 pp weight

Dodla Dairy LimitedDODLA

Fast Moving Consumer Goods

Shares+₹20.7 cr4.95M → 4.96M+8.73K+0.2% shares

Portfolio weight1.2% → 1.3%+0.0 pp weight

Kirloskar Ferrous Industries LimitedKIRLFER

Capital Goods

Shares−₹18.1 cr7.90M → 7.91M+9.38K+0.1% shares

Portfolio weight0.9% → 0.8%−0.1 pp weight

Blue Dart Express Ltd.BLUEDART

Services

Shares−₹11.6 cr1.01M → 1.04M+25.00K+2.5% shares

Portfolio weight1.3% → 1.2%−0.0 pp weight

Shoppers Stop LimitedSHOPERSTOP

Consumer Services

Shares−₹5.4 cr10.04M → 10.05M+9.13K+0.1% shares

Portfolio weight0.9% → 0.9%−0.0 pp weight

UTI Asset Management Company Ltd.UTIAMC

Financial Services

Shares+₹2.9 cr3.98M → 4.17M+181.91K+4.6% shares

Portfolio weight0.9% → 0.9%+0.0 pp weight

JK Tyre & Industries Ltd.JKTYRE

Automobile and Auto Components

Shares+₹2.7 cr11.38M → 12.08M+700.00K+6.2% shares

Portfolio weight1.1% → 1.1%0.0 pp weight

Suprajit Engineering LimitedSUPRAJIT

Automobile and Auto Components

Shares−₹76.4 L11.84M → 11.86M+10.71K+0.1% shares

Portfolio weight1.4% → 1.4%−0.0 pp weight

Current portfolio

Disclosed holdings for August 2026. Change columns use share quantities, with earlier quantities adjusted when a corporate action has a usable ratio.

Current range: Change columns compare with July 2026


Firstsource Solutions Ltd.FSL	Services	−₹213 cr+0.3% shares	58.72M	3.7%	+₹1,555 cr	Increased
Aster DM Quality Care Ltd.ASTERDM	Healthcare	−₹131 cr0.0% shares	19.74M	3.6%	+₹1,492 cr	Unchanged
Gabriel India Ltd.GABRIEL	Automobile and Auto Components	−₹28.8 cr−1.8% shares	9.48M	3.3%	+₹1,363 cr	Reduced
eClerx Services Ltd.ECLERX	Services	+₹104 cr+1.6% shares	6.55M	3.1%	+₹1,294 cr	Increased
Bank of BarodaBANKBARODA	Financial Services	−₹18.7 cr0.0% shares	46.83M	2.7%	+₹1,117 cr	Unchanged
Indian BankINDIANB	Financial Services	+₹60.3 cr0.0% shares	9.69M	2.1%	+₹871 cr	Unchanged
Krishna Institute of Medical Sciences Ltd.KIMS	Healthcare	−₹54.8 cr0.0% shares	11.13M	2.0%	+₹841 cr	Unchanged
Eris Lifesciences Ltd.ERIS	Healthcare	−₹37.2 cr0.0% shares	6.46M	2.0%	+₹839 cr	Unchanged
Apar Industries Ltd.APARINDS	Capital Goods	+₹122 cr−4.3% shares	450.04K	1.9%	+₹797 cr	Reduced
Pearl Global Industries LimitedPGIL	Consumer Services	+₹148 cr+4.8% shares	3.01M	1.8%	+₹741 cr	Increased
Sudarshan Chemical Industries LimitedSUDARSCHEM	Chemicals	+₹146 cr0.0% shares	5.79M	1.8%	+₹733 cr	Unchanged
Home First Finance Company India Ltd.HOMEFIRST	Financial Services	−₹14.8 cr0.0% shares	6.07M	1.7%	+₹707 cr	Unchanged
Vijaya Diagnostic Centre Ltd.VIJAYA	Healthcare	+₹93.8 cr+2.2% shares	4.62M	1.7%	+₹701 cr	Increased
PVR INOX Ltd.PVRINOX	Media Entertainment & Publication	+₹44.5 cr0.0% shares	5.77M	1.7%	+₹697 cr	Unchanged
Chalet Hotels Ltd.CHALET	Consumer Services	+₹70.5 cr+0.1% shares	7.53M	1.6%	+₹681 cr	Increased
Kalpataru Projects International Ltd.KPIL	Construction	+₹51.6 cr0.0% shares	4.64M	1.6%	+₹649 cr	Unchanged
City Union Bank Ltd.CUB	Financial Services	+₹60.5 cr0.0% shares	26.67M	1.5%	+₹611 cr	Unchanged
Suprajit Engineering LimitedSUPRAJIT	Automobile and Auto Components	−₹76.4 L+0.1% shares	11.86M	1.4%	+₹597 cr	Increased
Great Eastern Shipping Co. Ltd.GESHIP	Services	−₹22.0 cr0.0% shares	4.53M	1.4%	+₹590 cr	Unchanged
Sonata Software Ltd.SONATSOFTW	Information Technology	−₹61.1 cr0.0% shares	20.08M	1.4%	+₹587 cr	Unchanged
JSW Dulux Ltd.JSWDULUX	Consumer Durables	+₹42.2 cr+0.6% shares	1.74M	1.3%	+₹552 cr	Increased
Power Mech Projects LimitedPOWERMECH	Construction	−₹9.9 cr0.0% shares	2.20M	1.3%	+₹555 cr	Unchanged
Timken India Ltd.TIMKEN	Capital Goods	+₹73.2 L0.0% shares	1.74M	1.3%	+₹549 cr	Unchanged
Dodla Dairy LimitedDODLA	Fast Moving Consumer Goods	+₹20.7 cr+0.2% shares	4.96M	1.3%	+₹536 cr	Increased
Vardhman Textiles Ltd.VTL	Textiles	−₹12.8 cr0.0% shares	9.34M	1.3%	+₹534 cr	Unchanged
Godrej Consumer Products Ltd.GODREJCP	Fast Moving Consumer Goods	−₹49.6 cr+8.7% shares	5.92M	1.3%	+₹534 cr	Increased
Aditya Vision LimitedAVL	Consumer Services	−₹33.1 cr0.0% shares	8.81M	1.3%	+₹529 cr	Unchanged
Blue Dart Express Ltd.BLUEDART	Services	−₹11.6 cr+2.5% shares	1.04M	1.2%	+₹511 cr	Increased
Equitas Small Finance Bank LimitedEQUITASBNK	Financial Services	−₹8.5 cr0.0% shares	68.22M	1.2%	+₹505 cr	Unchanged
Redington Ltd.REDINGTON	Services	+₹49.0 cr0.0% shares	13.57M	1.2%	+₹485 cr	Unchanged
LG Balakrishnan & Bros LimitedLGBBROSLTD	Automobile and Auto Components	+₹28.9 cr0.0% shares	2.77M	1.1%	+₹470 cr	Unchanged
Fiem Industries LimitedFIEMIND	Automobile and Auto Components	−₹50.9 cr+2.7% shares	2.26M	1.1%	+₹460 cr	Increased
JK Tyre & Industries Ltd.JKTYRE	Automobile and Auto Components	+₹2.7 cr+6.2% shares	12.08M	1.1%	+₹458 cr	Increased
Fortis Healthcare Ltd.FORTIS	Healthcare	−₹375 cr−43.0% shares	5.00M	1.1%	+₹453 cr	Reduced
Vishal Mega Mart Ltd.VMM	Consumer Services	+₹14.5 cr0.0% shares	41.02M	1.1%	+₹454 cr	Unchanged
Voltamp Transformers LimitedVOLTAMP	Capital Goods	+₹39.6 cr0.0% shares	401.75K	1.1%	+₹438 cr	Unchanged
VRL Logistics LimitedVRLLOG	Services	+₹54.1 cr0.0% shares	14.42M	1.0%	+₹437 cr	Unchanged
Indigo Paints LimitedINDIGOPNTS	Consumer Durables	+₹85.7 cr+20.2% shares	3.75M	1.0%	+₹433 cr	Increased
CIE Automotive India Ltd.CIEINDIA	Automobile and Auto Components	−₹19.0 cr0.0% shares	10.85M	1.0%	+₹424 cr	Unchanged
Sharda Cropchem LimitedSHARDACROP	Chemicals	−₹28.8 cr0.0% shares	5.45M	1.0%	+₹418 cr	Unchanged
Transport Corporation of India LimitedTCI	Services	−₹29.8 cr0.0% shares	4.77M	1.0%	+₹414 cr	Unchanged
NRB Bearing LimitedNRBBEARING	Automobile and Auto Components	+₹47.9 cr−1.9% shares	8.58M	1.0%	+₹407 cr	Reduced
Zensar Technolgies Ltd.ZENSARTECH	Information Technology	−₹35.3 cr+1.2% shares	8.49M	0.9%	+₹391 cr	Increased
Shoppers Stop LimitedSHOPERSTOP	Consumer Services	−₹5.4 cr+0.1% shares	10.05M	0.9%	+₹386 cr	Increased
Lumax Industries LimitedLUMAXIND	Automobile and Auto Components	+₹59.1 cr+0.5% shares	606.53K	0.9%	+₹378 cr	Increased
Tega Industries Ltd.TEGA	Capital Goods	+₹23.5 cr0.0% shares	2.33M	0.9%	+₹369 cr	Unchanged
UTI Asset Management Company Ltd.UTIAMC	Financial Services	+₹2.9 cr+4.6% shares	4.17M	0.9%	+₹363 cr	Increased
Kirloskar Ferrous Industries LimitedKIRLFER	Capital Goods	−₹18.1 cr+0.1% shares	7.91M	0.8%	+₹358 cr	Increased
Chambal Fertilizers & Chemicals Ltd.CHAMBLFERT	Chemicals	−₹25.2 cr0.0% shares	8.58M	0.8%	+₹351 cr	Unchanged
SKF India (Industrial) LimitedSKFINDUS	Capital Goods	+₹27.0 cr0.0% shares	1.11M	0.8%	+₹331 cr	Unchanged
Tata Steel Ltd.TATASTEEL	Metals & Mining	−₹8.2 cr0.0% shares	15.44M	0.7%	+₹285 cr	Unchanged
Mastek LimitedMASTEK	Information Technology	−₹20.0 cr0.0% shares	1.58M	0.7%	+₹276 cr	Unchanged
Redtape LimitedREDTAPE	Consumer Services	−₹18.7 cr0.0% shares	22.40M	0.7%	+₹278 cr	Unchanged
Unichem Laboratories LimitedUNICHEMLAB	Healthcare	+₹21.4 cr0.0% shares	4.96M	0.7%	+₹276 cr	Unchanged
Aadhar Housing Finance Ltd.AADHARHFC	Financial Services	−₹16.1 cr0.0% shares	5.64M	0.6%	+₹264 cr	Unchanged
The Anup Engineering LimitedANUP	Capital Goods	−₹56.1 cr0.0% shares	1.48M	0.6%	+₹265 cr	Unchanged
Bajaj Consumer Care LimitedBAJAJCON	Fast Moving Consumer Goods	−₹32.1 cr−2.2% shares	5.18M	0.6%	+₹246 cr	Reduced
PNC Infratech LimitedPNCINFRA	Construction	−₹75.9 cr0.0% shares	13.09M	0.6%	+₹246 cr	Unchanged
Wakefit Innovations LimitedWAKEFIT	Consumer Durables	+₹44.0 cr+4.8% shares	16.07M	0.6%	+₹236 cr	Increased
GMM Pfaudler LimitedGMMPFAUDLR	Capital Goods	+₹37.8 cr0.0% shares	2.12M	0.5%	+₹221 cr	Unchanged
Bajaj Electricals LimitedBAJAJELEC	Consumer Durables	−₹5.1 cr0.0% shares	6.26M	0.5%	+₹203 cr	Unchanged
Kec International Ltd.KEC	Construction	−₹26.0 cr0.0% shares	4.96M	0.5%	+₹207 cr	Unchanged
Gateway Distriparks LimitedGATEWAY	Services	−₹14.1 cr0.0% shares	33.76M	0.4%	+₹182 cr	Unchanged
GNA Axles LimitedGNA	Automobile and Auto Components	+₹1.3 cr0.0% shares	3.28M	0.4%	+₹177 cr	Unchanged
ION Exchange (India) LimitedIONEXCHANG	Capital Goods	−₹27.3 cr0.0% shares	4.81M	0.4%	+₹175 cr	Unchanged
Awfis Space Solutions LimitedAWFIS	Services	−₹12.8 cr0.0% shares	6.68M	0.4%	+₹173 cr	Unchanged
KEI Industries Ltd.KEI	Capital Goods	−₹2.8 cr−14.3% shares	300.00K	0.4%	+₹172 cr	Reduced
SKF India LimitedSKFINDIA	Capital Goods	+₹8.2 cr0.0% shares	1.11M	0.4%	+₹172 cr	Unchanged
Insecticides (India) LimitedINSECTICID	Chemicals	−₹7.9 cr0.0% shares	2.60M	0.4%	+₹159 cr	Unchanged
La Opala RG LimitedLAOPALA	Consumer Durables	−₹13.9 cr−2.3% shares	9.23M	0.4%	+₹160 cr	Reduced
Vesuvius India LimitedVESUVIUS	Capital Goods	−₹14.2 cr0.0% shares	3.94M	0.4%	+₹160 cr	Unchanged
Vedant Fashions LimitedMANYAVAR	Consumer Services	+₹155 cr—	2.84M	0.4%	+₹155 cr	New
Gujarat Pipavav Port LimitedGPPL	Services	+₹15.2 cr0.0% shares	8.80M	0.3%	+₹147 cr	Unchanged
IFGL Refractories LimitedIFGLEXPOR	Chemicals	+₹1.2 cr0.0% shares	6.54M	0.3%	+₹138 cr	Unchanged
G R Infraprojects LimitedGRINFRA	Construction	−₹1.2 cr0.0% shares	1.50M	0.3%	+₹131 cr	Unchanged
Jupiter Life Line Hospitals LimitedJLHL	Healthcare	+₹68.9 cr+148.6% shares	4.25M	0.3%	+₹126 cr	Increased
Emami Ltd.EMAMILTD	Fast Moving Consumer Goods	−₹11.5 cr0.0% shares	3.37M	0.3%	+₹123 cr	Unchanged
D.B.Corp LimitedDBCORP	Telecommunication	−₹4.6 cr0.0% shares	4.73M	0.2%	+₹94.2 cr	Unchanged
Goodyear India LimitedGOODYEAR	Automobile and Auto Components	−₹11.3 cr0.0% shares	1.26M	0.2%	+₹93.4 cr	Unchanged
Sula Vineyards LimitedSULA	Fast Moving Consumer Goods	−₹14.1 cr0.0% shares	6.01M	0.2%	+₹88.4 cr	Unchanged
Brainbees Solutions Ltd.FIRSTCRY	Consumer Services	−₹19.0 cr−4.8% shares	4.68M	0.2%	+₹85.4 cr	Reduced
BEML Ltd.BEML	Capital Goods	+₹7.5 cr0.0% shares	406.48K	0.2%	+₹78.7 cr	Unchanged
Carborundum Universal Ltd.CARBORUNIV	Capital Goods	+₹2.8 cr0.0% shares	652.54K	0.2%	+₹72.2 cr	Unchanged
TCI Express LimitedTCIEXP	Services	−₹56.6 L−3.2% shares	480.48K	0.1%	+₹26.3 cr	Reduced
Federal Bank Ltd.FEDERALBNK	Financial Services	−₹745 cr−100.0% shares	0	—	₹0	Exited

HDFC Small Cap Fund

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