The scheme seeks to provide long-term capital appreciation /income by investing predominantly in Small-Cap companies.
The Scheme will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.
Fund Manager
Chirag Setalvad, Dhruv Muchhal
Venugopal Manghat, Mayank Chaturvedi
AMC
HDFC Mutual Fund
HSBC Mutual Fund
Taxation
Equity
Equity
Launch Date
31 Dec 2012
11 May 2014
Portfolio Overlap
11.3%
Low overlap
common holdings
11.3% of the combined portfolio weight is common between HDFC Small Cap Fund Direct-Growth and HSBC Small Cap Fund Direct-Growth.
12 stocks appear in both portfolios.
The largest shared holding is Aster DM Quality Care Ltd., at 3.83% of HDFC Small Cap Fund Direct-Growth and 1.67% of HSBC Small Cap Fund Direct-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
Aster DM Quality Care Ltd.Apar Industries Ltd.The Federal Bank Ltd.Firstsource Solutions Ltd.eClerx Services Ltd.Krishna Institute of Medical Sciences LtdEris Lifesciences Ltd.Vijaya Diagnostic Centre Ltd.
HSBC Small Cap Fund Direct-Growth has delivered the higher 3-year CAGR (16.17% vs 13.84%). HDFC Small Cap Fund Direct-Growth manages the larger corpus at ₹40.42k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, HSBC Small Cap Fund Direct-Growth returned 9.24% against 2.50% for HDFC Small Cap Fund Direct-Growth; and over 3 years, HSBC Small Cap Fund Direct-Growth leads with a 16.17% CAGR versus 13.84%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Both HDFC Small Cap Fund Direct-Growth and HSBC Small Cap Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 11.3%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Small Cap funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
HDFC Small Cap Fund Direct-Growth has a NAV of ₹164.01 and an AUM of ₹40.42k Cr, and was launched on 31 Dec 2012. HSBC Small Cap Fund Direct-Growth has a NAV of ₹98.74 and an AUM of ₹17.83k Cr, launched on 11 May 2014. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
