HDFC Small Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹131.8320 | +0.00% | -0.46% | +14.83% | +18.34% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Small Cap Fund hold?
HDFC Small Cap Fund holds 84 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 15.80% of NAV.
What is the largest holding in HDFC Small Cap Fund?
The largest position in HDFC Small Cap Fund is TREPS - Tri-party Repo, accounting for 9.74% of NAV.
Is HDFC Small Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.362, HDFC Small Cap Fund is well-diversified. The HHI concentration index is 14,541 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 15.80% of the portfolio.
What is the market cap allocation of HDFC Small Cap Fund?
Based on SEBI's AMFI classification, HDFC Small Cap Fund's equity portfolio is split as: Large Cap: 5.54%, Mid Cap: 9.45%, Small Cap: 75.46%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Small Cap Fund invest in most?
HDFC Small Cap Fund has the highest allocation to Auto Components (11.15%), Banks (9.54%), Healthcare Services (8.93%). The fund is invested across 28 sectors in total.
How actively managed is HDFC Small Cap Fund compared to other Small Cap Fund funds?
HDFC Small Cap Fund has an Active Share of 80.35%, classifying it as "Highly Differentiated" among 31 Small Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in HDFC Small Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Small Cap Fund added 1 new stock (including Vijaya Diagnostic Centre Limited). Total holding count increased from 85 to 86 stocks.