Nippon India Small Cap Fund vs HDFC Small Cap Fund
Updated June 2026 · both Small Cap funds · metrics from AMFI NAVs
In short: Nippon India Small Cap Fund has the higher 3-year return (+18.00%); Nippon India Small Cap Fund has the lower expense ratio (0.65%); Nippon India Small Cap Fund has the better risk-adjusted return (Sharpe 0.88). This is analysis from past data, not a recommendation.
| Metric | Nippon India Small Cap Fund | HDFC Small Cap Fund |
|---|---|---|
| 1Y return | -0.29% | -4.83% |
| 3Y CAGR | +18.00% | +13.95% |
| 5Y CAGR | +19.96% | +16.50% |
| Sharpe ratio | 0.88 | 0.74 |
| Max drawdown | -24.2% | -22.6% |
| Volatility | 17.9% | 17.4% |
| Alpha | +1.22% | -2.22% |
| Expense ratio (Direct) | 0.65% | 0.77% |
| AUM | ₹66.1K Cr | ₹36.6K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Nippon India Small Cap Fund has the lower Direct-plan expense ratio (0.65%), versus 0.77% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Nippon India Small Cap Fund has the higher 3-year CAGR (+18.00%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.