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Nippon India Small Cap Fund vs SBI 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.

MetricNippon India Small Cap FundSBI Small Cap Fund
1Y return-0.29%-1.86%
3Y CAGR+18.00%+12.84%
5Y CAGR+19.96%+14.05%
Sharpe ratio0.880.60
Max drawdown-24.2%-22.4%
Volatility17.9%15.2%
Alpha+1.22%-3.34%
Expense ratio (Direct)0.65%0.81%
AUM₹66.1K Cr₹34.5K 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 0.81% 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.

Nippon India Small Cap Fund detailsSBI Small Cap Fund detailsOpen in interactive compare