HDFC Small Cap Fund
HDFC Mutual Fund·Small Cap Fund·vs Nifty Smallcap 250 TRI
The fund maintains a defensive small-cap posture with near-10% cash and concentrated bets in cyclical sectors—auto components, banks, and healthcare services dominate. The large TREPS allocation signals caution amid market volatility, while the addition of Vijaya Diagnostics and sustained healthcare exposure reflect conviction in domestic consumption and services-led growth. The manager appears selectively positioned for economic recovery rather than aggressive small-cap momentum.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹132.3620 | +3.49% | -1.87% | -7.08% | +2.21% | +15.47% | +18.44% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
84
Top 5 Weight
15.80%
Top 10 Weight
26.68%
Active Share
—
Large Cap
5.54%
Gini
0.362
What Changed2026-03-31 → 2026-04-30
Holdings: 85 → 86+1 added−0 removed26 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Vijaya Diagnostic Centre Limited | 0.29% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS - Tri-party Repo | 9.74% |
| 2 | Aster DM Healthcare Limited INE914M01019 | 4.42% |
| 3 | Bank of Baroda INE028A01039 | 3.23% |
| 4 | Firstsource Solutions Ltd. INE684F01012 | 3.17% |
| 5 | Gabriel India Ltd. INE524A01029 | 2.63% |
| 6 | eClerx Services Limited INE738I01010 | 2.35% |
| 7 | Eris Lifesciences Ltd INE406M01024 | 2.34% |
| 8 | Fortis Healthcare Limited INE061F01013 | 2.28% |
| 9 | Indian Bank INE562A01011 | 2.16% |
| 10 | Great Eastern Shipping Company Ltd. INE017A01032 | 2.16% |
| 11 | Krishna Institute Of Medical Sciences Limited INE967H01025 | 1.94% |
| 12 | Apar Industries Limited INE372A01015 | 1.63% |
| 13 | PVR LIMITED INE191H01014 | 1.59% |
| 14 | Timken India Ltd. INE325A01013 | 1.57% |
| 15 | The Federal Bank Ltd. INE171A01029 | 1.56% |
| 16 | Sharda Cropchem Ltd. INE221J01015 | 1.52% |
| 17 | Kalpataru Projects International Ltd INE220B01022 | 1.52% |
| 18 | Vardhman Textiles Ltd. INE825A01020 | 1.51% |
| 19 | Home First Finance Company India Ltd INE481N01025 | 1.49% |
| 20 | Power Mech Projects Ltd. INE211R01019 | 1.47% |
Sector Allocation
Auto Components11.2%
Banks9.5%
Healthcare Services8.9%
Commercial Services & Supplies6.9%
Transport Services6.4%
Construction4.8%
Consumer Durables4.4%
Industrial Products3.8%
Retailing3.6%
Fertilizers & Agrochemicals3.0%
Top 10 sectors by % to NAV. Excludes derivatives.