What stocks does HDFC Small Cap Fund hold?

HDFC Small Cap Fund holds a portfolio of Indian equity stocks disclosed monthly by HDFC Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages HDFC Small Cap Fund?

HDFC Small Cap Fund is managed by HDFC Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is HDFC Small Cap Fund?

HDFC Small Cap Fund is classified as a Small Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is HDFC Small Cap Fund portfolio data updated?

Portfolio holdings for HDFC Small Cap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← HDFC Mutual Fund

HDFC Small Cap Fund - Growth Option - Direct Plan

Small Cap Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹36,747.14 Cr

Equity only, excl. debt & cash

AAUM

₹41,353.82 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

15.7%

Diversified

Top 10 Weight

25.4%

Diversified

Changes

1 new · 1 exits

Top Sector

Auto Components

11.8% of portfolio

Launch Date

11 Feb 2008

10+ year track record

AAUM (Average Assets Under Management) of ₹41,353.82 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month HDFC Small Cap Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Usha Martin Limited (Industrial Products) at 0.57% weight. Brainbees Solutions Ltd was the biggest exit (Retailing), which was held at 0.20%. Among existing holdings, The Great Eastern Shipping Company Limited saw the biggest increase — now at 1.73% of the portfolio. Aster DM Healthcare Limited was trimmed the most, now at 3.37%. Firstsource Solutions Limited remains the top holding with Auto Components the dominant sector at 11.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HDFC Small Cap Fund - Growth Option - Direct Plan

-7.15%

-7.01%

-2.14%

-8.54%

Latest NAV

₹148.39

23 Oct 2026

52W High

₹165.87

-11% from High

52W Low

₹135.38

+10% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+0.3%

2024

+21.5%

2023

+46.2%

2022

+5.6%

2021

+66.5%

2020

+21.4%

2019

-8.5%

2018

-6.7%

2017

+62.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

23.1%

+ve in 77% windows

127.9% / -44.5%

3Y Rolling Avg

20.7% p.a.

+ve in 94% windows

51.6% / -7.4%

5Y Rolling Avg

22.6% p.a.

+ve in 100% windows

40.3% / 11.9%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-22.6%

Rec: Sep 2025 (10 mo)

COVID-19 Crash

-38.5%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-20.7%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-13.8%

Rec: Dec 2020 (3yr 2mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.11

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.16

Penalises downside volatility only.

Std Deviation (3Y)

16.0%

Lower = more consistent returns.

NAV Chart ₹148.39 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

HDFC Small Cap Fund - Growth Option - Direct Plan

Chart shows indexed performance (base = 100). Actual NAV: ₹148.39

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Auto Components	11.9%	11.9%	● +0.0%
Banks	9.0%	9.2%	▲ +0.2%
Healthcare Services	9.6%	8.6%	▼ -1.0%
Commercial Services & Supplies	8.6%	8.4%	▼ -0.2%
Transport Services	5.2%	5.2%	● -0.1%
Consumer Durables	4.1%	4.4%	▲ +0.3%
Construction	4.4%	4.3%	▼ -0.2%
Industrial Products	4.3%	4.2%	● -0.1%
Retailing	3.6%	3.8%	▲ +0.2%
Textiles & Apparels	2.7%	3.1%	▲ +0.3%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Auto Components	11.9%	11.8%	● -0.1%
Banks	9.2%	8.8%	▼ -0.4%
Commercial Services & Supplies	8.4%	8.4%	● 0.0%
Healthcare Services	8.6%	8.2%	▼ -0.4%
Transport Services	5.2%	5.4%	▲ +0.3%
Industrial Products	4.2%	4.8%	▲ +0.6%
Consumer Durables	4.4%	4.4%	● -0.1%
Construction	4.3%	4.1%	▼ -0.2%
Retailing	3.8%	3.9%	● +0.0%
Textiles & Apparels	3.1%	3.1%	● +0.1%

🟢

Biggest New Buy

Usha Martin Limited

0.57% weight · Industrial Products

🔴

Biggest Exit

Brainbees Solutions Ltd

0.20% was held · Retailing

↑

Biggest Add

The Great Eastern Shipping Company Limited

+0.32% · now 1.73%

↓

Biggest Trim

Aster DM Healthcare Limited

-0.19% · now 3.37%

🤝 Other funds also bought this month

Usha Martin Limited 7 funds

👋 Other funds also exited

Brainbees Solutions Ltd 7 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 1 Exit ↑ 34 Increased ↓ 43 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Usha Martin Limited ₹231.00 Cr	Industrial Products	0.57%

#	Stock	Sector	Last Weight (Aug 2026)
1	Brainbees Solutions Ltd ₹85.39 Cr	Retailing	0.20%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	The Great Eastern Shipping Company Limited ₹707.39 Cr	Transport Services	1.41%	1.73%	+0.32%
2	Tega Industries Limited ₹490.41 Cr	Industrial Manufacturing	0.88%	1.20%	+0.32%
3	GMM Pfaudler Ltd. ₹311.58 Cr	Industrial Manufacturing	0.53%	0.76%	+0.23%
4	Redington Limited ₹552.15 Cr	Commercial Services & Supplies	1.16%	1.35%	+0.19%
5	Vedant Fashions Limited ₹219.55 Cr	Retailing	0.37%	0.54%	+0.17%
6	NRB Bearing Ltd. ₹458.22 Cr	Auto Components	0.97%	1.12%	+0.15%
7	UTI Asset Management Company Limited ₹412.31 Cr	Capital Markets	0.87%	1.01%	+0.14%
8	Pearl Global Industries Limited ₹774.70 Cr	Textiles & Apparels	1.77%	1.90%	+0.13%
9	Shoppers Stop Ltd. ₹417.60 Cr	Retailing	0.92%	1.02%	+0.10%
10	PVR INOX Limited ₹715.69 Cr	Entertainment	1.66%	1.75%	+0.09%
11	Aadhar Housing Finance Limited ₹294.11 Cr	Finance	0.63%	0.72%	+0.09%
12	Home First Finance Company India Limited ₹717.87 Cr	Finance	1.69%	1.76%	+0.07%
13	Ion Exchange (India) Limited ₹197.61 Cr	Other Utilities	0.42%	0.48%	+0.06%
14	Kirloskar Ferrous Industries Ltd. ₹371.72 Cr	Industrial Products	0.85%	0.91%	+0.06%
15	GNA Axles Ltd ₹196.09 Cr	Auto Components	0.42%	0.48%	+0.06%
16	LG Balakrishnan & Bros Limited ₹480.07 Cr	Auto Components	1.12%	1.18%	+0.06%
17	Krishna Institute Of Medical Sciences Limited ₹831.01 Cr	Healthcare Services	2.01%	2.04%	+0.03%
18	Timken India Limited ₹546.50 Cr	Industrial Products	1.31%	1.34%	+0.03%
19	Carborundum Universal Limited ₹81.73 Cr	Industrial Products	0.17%	0.20%	+0.03%
20	Vesuvius India Limited ₹166.96 Cr	Industrial Products	0.38%	0.41%	+0.03%
21	Bajaj Consumer Care Limited ₹251.91 Cr	Personal Products	0.59%	0.62%	+0.03%
22	Transport Corporation of India Ltd. ₹416.16 Cr	Transport Services	0.99%	1.02%	+0.03%
23	Tata Steel Limited ₹284.62 Cr	Ferrous Metals	0.68%	0.70%	+0.02%
24	City Union Bank Limited ₹602.97 Cr	Banks	1.46%	1.48%	+0.02%
25	Apar Industries Limited ₹782.36 Cr	Electrical Equipment	1.90%	1.92%	+0.02%
26	Kalpataru Projects International Limited ₹640.05 Cr	Construction	1.55%	1.57%	+0.02%
27	Emami Limited ₹127.58 Cr	Personal Products	0.29%	0.31%	+0.02%
28	Chambal Fertilizers & Chemicals Limited ₹351.04 Cr	Fertilizers & Agrochemicals	0.84%	0.86%	+0.02%
29	CIE Automotive India Limited ₹419.03 Cr	Auto Components	1.01%	1.03%	+0.02%
30	Aditya Vision Ltd ₹523.75 Cr	Retailing	1.26%	1.28%	+0.02%
31	Power Mech Projects Limited ₹547.91 Cr	Construction	1.32%	1.34%	+0.02%
32	BEML Limited ₹80.99 Cr	Agricultural, Commercial & Construction Vehicles	0.19%	0.20%	+0.01%
33	Wakefit Innovations Limited ₹231.14 Cr	Consumer Durables	0.56%	0.57%	+0.01%
34	Gujarat Pipavav Port Limited ₹146.74 Cr	Transport Infrastructure	0.35%	0.36%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Aster DM Healthcare Limited ₹1,376.18 Cr	Healthcare Services	3.56%	3.37%	-0.19%
2	Indian Bank ₹780.77 Cr	Banks	2.08%	1.91%	-0.17%
3	eClerx Services Limited ₹1,191.61 Cr	Commercial Services & Supplies	3.09%	2.92%	-0.17%
4	The Federal Bank Limited ₹658.91 Cr	Banks	1.77%	1.61%	-0.16%
5	Gabriel India Limited ₹1,258.76 Cr	Auto Components	3.25%	3.09%	-0.16%
6	PNC Infratech Limited ₹174.29 Cr	Construction	0.59%	0.43%	-0.16%
7	Fortis Healthcare Limited ₹385.01 Cr	Healthcare Services	1.08%	0.94%	-0.14%
8	Sonata Software Limited ₹521.27 Cr	IT - Software	1.40%	1.28%	-0.12%
9	Eris Lifesciences Limited ₹770.52 Cr	Pharmaceuticals & Biotechnology	2.00%	1.89%	-0.11%
10	KEI Industries Limited ₹133.65 Cr	Industrial Products	0.41%	0.33%	-0.08%
11	Lumax Industries Ltd ₹337.75 Cr	Auto Components	0.90%	0.83%	-0.07%
12	Vishal Mega Mart Limited ₹414.33 Cr	Retailing	1.08%	1.02%	-0.06%
13	JK Tyre & Industries Limited ₹419.05 Cr	Auto Components	1.09%	1.03%	-0.06%
14	Vardhman Textiles Limited ₹499.43 Cr	Textiles & Apparels	1.28%	1.22%	-0.06%
15	Fiem Industries Ltd ₹424.44 Cr	Auto Components	1.10%	1.04%	-0.06%
16	Equitas Small Finance Bank Limited ₹470.22 Cr	Banks	1.20%	1.15%	-0.05%
17	Mastek Limited ₹246.90 Cr	IT - Software	0.66%	0.61%	-0.05%
18	The Anup Engineering Limited ₹236.17 Cr	Industrial Manufacturing	0.63%	0.58%	-0.05%
19	Godrej Consumer Products Limited ₹503.24 Cr	Personal Products	1.27%	1.23%	-0.04%
20	Vijaya Diagnostic Centre Limited ₹663.67 Cr	Healthcare Services	1.67%	1.63%	-0.04%
21	Blue Dart Express Limited ₹480.45 Cr	Transport Services	1.22%	1.18%	-0.04%
22	Sudarshan Chemical Industries Limited ₹697.04 Cr	Chemicals & Petrochemicals	1.75%	1.71%	-0.04%
23	SKF INDIA INDUSTRIAL LTD ₹306.81 Cr	Industrial Products	0.79%	0.75%	-0.04%
24	Dodla Dairy Ltd. ₹505.51 Cr	Food Products	1.28%	1.24%	-0.04%
25	Jupiter Life Line Hospitals Limited ₹107.73 Cr	Healthcare Services	0.30%	0.26%	-0.04%
26	Firstsource Solutions Limited ₹1,502.11 Cr	Commercial Services & Supplies	3.71%	3.68%	-0.03%
27	KEC International Limited ₹187.09 Cr	Construction	0.49%	0.46%	-0.03%
28	Zensar Technologies Limited ₹366.95 Cr	IT - Software	0.93%	0.90%	-0.03%
29	VRL Logistics Limited ₹413.99 Cr	Transport Services	1.04%	1.01%	-0.03%
30	La Opala RG Limited ₹144.14 Cr	Consumer Durables	0.38%	0.35%	-0.03%
31	SHARDA CROPCHEM LIMITED ₹394.23 Cr	Fertilizers & Agrochemicals	1.00%	0.97%	-0.03%
32	Bank of Baroda ₹1,079.64 Cr	Banks	2.67%	2.65%	-0.02%
33	Voltamp Transformers Limited ₹421.84 Cr	Electrical Equipment	1.05%	1.03%	-0.02%
34	Suprajit Engineering Limited ₹570.47 Cr	Auto Components	1.42%	1.40%	-0.02%
35	IFGL Refractories Limited ₹125.16 Cr	Industrial Products	0.33%	0.31%	-0.02%
36	G R Infraprojects Limited ₹119.85 Cr	Construction	0.31%	0.29%	-0.02%
37	Bajaj Electricals Limited ₹189.83 Cr	Consumer Durables	0.49%	0.47%	-0.02%
38	D.B. Corp Ltd. ₹82.92 Cr	Media	0.22%	0.20%	-0.02%
39	Chalet Hotels Limited ₹662.81 Cr	Leisure Services	1.63%	1.62%	-0.01%
40	Awfis Space Solutions Limited ₹163.12 Cr	Commercial Services & Supplies	0.41%	0.40%	-0.01%
41	Red Tape Ltd ₹263.38 Cr	Consumer Durables	0.66%	0.65%	-0.01%
42	Insecticides (India) Ltd. ₹151.83 Cr	Fertilizers & Agrochemicals	0.38%	0.37%	-0.01%
43	SULA VINEYARDS LIMITED ₹80.05 Cr	Beverages	0.21%	0.20%	-0.01%

What Stocks Does This Fund Hold?

85 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	Firstsource Solutions Limited ₹1,502.11 Cr	Commercial Services & Supplies	3.68%
2	Aster DM Healthcare Limited ₹1,376.18 Cr	Healthcare Services	3.37%
3	Gabriel India Limited ₹1,258.76 Cr	Auto Components	3.09%
4	eClerx Services Limited ₹1,191.61 Cr	Commercial Services & Supplies	2.92%
5	Bank of Baroda ₹1,079.64 Cr	Banks	2.65%
6	Krishna Institute Of Medical Sciences Limited ₹831.01 Cr	Healthcare Services	2.04%
7	Apar Industries Limited ₹782.36 Cr	Electrical Equipment	1.92%
8	Indian Bank ₹780.77 Cr	Banks	1.91%
9	Pearl Global Industries Limited ₹774.70 Cr	Textiles & Apparels	1.90%
10	Eris Lifesciences Limited ₹770.52 Cr	Pharmaceuticals & Biotechnology	1.89%
11	Home First Finance Company India Limited ₹717.87 Cr	Finance	1.76%
12	PVR INOX Limited ₹715.69 Cr	Entertainment	1.75%
13	The Great Eastern Shipping Company Limited ₹707.39 Cr	Transport Services	1.73%
14	Sudarshan Chemical Industries Limited ₹697.04 Cr	Chemicals & Petrochemicals	1.71%
15	Vijaya Diagnostic Centre Limited ₹663.67 Cr	Healthcare Services	1.63%
16	Chalet Hotels Limited ₹662.81 Cr	Leisure Services	1.62%
17	The Federal Bank Limited ₹658.91 Cr	Banks	1.61%
18	Kalpataru Projects International Limited ₹640.05 Cr	Construction	1.57%
19	City Union Bank Limited ₹602.97 Cr	Banks	1.48%
20	Suprajit Engineering Limited ₹570.47 Cr	Auto Components	1.40%
21	Redington Limited ₹552.15 Cr	Commercial Services & Supplies	1.35%
22	Power Mech Projects Limited ₹547.91 Cr	Construction	1.34%
23	Timken India Limited ₹546.50 Cr	Industrial Products	1.34%
24	Akzo Nobel India Limited ₹537.12 Cr	Consumer Durables	1.32%
25	Aditya Vision Ltd ₹523.75 Cr	Retailing	1.28%
26	Sonata Software Limited ₹521.27 Cr	IT - Software	1.28%
27	Dodla Dairy Ltd. ₹505.51 Cr	Food Products	1.24%
28	Godrej Consumer Products Limited ₹503.24 Cr	Personal Products	1.23%
29	Vardhman Textiles Limited ₹499.43 Cr	Textiles & Apparels	1.22%
30	Tega Industries Limited ₹490.41 Cr	Industrial Manufacturing	1.20%
31	LG Balakrishnan & Bros Limited ₹480.07 Cr	Auto Components	1.18%
32	Blue Dart Express Limited ₹480.45 Cr	Transport Services	1.18%
33	Equitas Small Finance Bank Limited ₹470.22 Cr	Banks	1.15%
34	NRB Bearing Ltd. ₹458.22 Cr	Auto Components	1.12%
35	Fiem Industries Ltd ₹424.44 Cr	Auto Components	1.04%
36	Indigo Paints Limited ₹419.75 Cr	Consumer Durables	1.03%
37	JK Tyre & Industries Limited ₹419.05 Cr	Auto Components	1.03%
38	CIE Automotive India Limited ₹419.03 Cr	Auto Components	1.03%
39	Voltamp Transformers Limited ₹421.84 Cr	Electrical Equipment	1.03%
40	Shoppers Stop Ltd. ₹417.60 Cr	Retailing	1.02%
41	Vishal Mega Mart Limited ₹414.33 Cr	Retailing	1.02%
42	Transport Corporation of India Ltd. ₹416.16 Cr	Transport Services	1.02%
43	VRL Logistics Limited ₹413.99 Cr	Transport Services	1.01%
44	UTI Asset Management Company Limited ₹412.31 Cr	Capital Markets	1.01%
45	SHARDA CROPCHEM LIMITED ₹394.23 Cr	Fertilizers & Agrochemicals	0.97%
46	Fortis Healthcare Limited ₹385.01 Cr	Healthcare Services	0.94%
47	Kirloskar Ferrous Industries Ltd. ₹371.72 Cr	Industrial Products	0.91%
48	Zensar Technologies Limited ₹366.95 Cr	IT - Software	0.90%
49	Chambal Fertilizers & Chemicals Limited ₹351.04 Cr	Fertilizers & Agrochemicals	0.86%
50	Lumax Industries Ltd ₹337.75 Cr	Auto Components	0.83%
51	GMM Pfaudler Ltd. ₹311.58 Cr	Industrial Manufacturing	0.76%
52	SKF INDIA INDUSTRIAL LTD ₹306.81 Cr	Industrial Products	0.75%
53	Aadhar Housing Finance Limited ₹294.11 Cr	Finance	0.72%
54	Tata Steel Limited ₹284.62 Cr	Ferrous Metals	0.70%
55	Unichem Laboratories Ltd. ₹270.49 Cr	Pharmaceuticals & Biotechnology	0.66%
56	Red Tape Ltd ₹263.38 Cr	Consumer Durables	0.65%
57	Bajaj Consumer Care Limited ₹251.91 Cr	Personal Products	0.62%
58	Mastek Limited ₹246.90 Cr	IT - Software	0.61%
59	The Anup Engineering Limited ₹236.17 Cr	Industrial Manufacturing	0.58%
60	Wakefit Innovations Limited ₹231.14 Cr	Consumer Durables	0.57%
61	Usha Martin Limited ₹231.00 Cr	Industrial Products	0.57%
62	Vedant Fashions Limited ₹219.55 Cr	Retailing	0.54%
63	GNA Axles Ltd ₹196.09 Cr	Auto Components	0.48%
64	Ion Exchange (India) Limited ₹197.61 Cr	Other Utilities	0.48%
65	Bajaj Electricals Limited ₹189.83 Cr	Consumer Durables	0.47%
66	KEC International Limited ₹187.09 Cr	Construction	0.46%
67	GATEWAY DISTRIPARKS LTD ₹175.67 Cr	Transport Services	0.43%
68	PNC Infratech Limited ₹174.29 Cr	Construction	0.43%
69	Vesuvius India Limited ₹166.96 Cr	Industrial Products	0.41%
70	SKF India Limited ₹167.37 Cr	Auto Components	0.41%
71	Awfis Space Solutions Limited ₹163.12 Cr	Commercial Services & Supplies	0.40%
72	Insecticides (India) Ltd. ₹151.83 Cr	Fertilizers & Agrochemicals	0.37%
73	Gujarat Pipavav Port Limited ₹146.74 Cr	Transport Infrastructure	0.36%
74	La Opala RG Limited ₹144.14 Cr	Consumer Durables	0.35%
75	KEI Industries Limited ₹133.65 Cr	Industrial Products	0.33%
76	IFGL Refractories Limited ₹125.16 Cr	Industrial Products	0.31%
77	Emami Limited ₹127.58 Cr	Personal Products	0.31%
78	G R Infraprojects Limited ₹119.85 Cr	Construction	0.29%
79	Jupiter Life Line Hospitals Limited ₹107.73 Cr	Healthcare Services	0.26%
80	Goodyear India Ltd. ₹88.34 Cr	Auto Components	0.22%
81	Carborundum Universal Limited ₹81.73 Cr	Industrial Products	0.20%
82	BEML Limited ₹80.99 Cr	Agricultural, Commercial & Construction Vehicles	0.20%
83	D.B. Corp Ltd. ₹82.92 Cr	Media	0.20%
84	SULA VINEYARDS LIMITED ₹80.05 Cr	Beverages	0.20%
85	TCI Express Limited ₹24.80 Cr	Transport Services	0.06%