HDFC Small Cap Fund

About HDFC Small Cap Fund

The current investment objective of the Fund is to provide long-term capital appreciation and income by investing predominantly in Small-Cap companies. The Scheme is benchmarked against IISL NIFTY Smallcap 100 TR INR. The AUM of the Scheme is approximately 5,320 Crore and is an open-ended equity scheme. The minimum initial purchase is Rs 5,000 (multiples of Re 1 thereafter) and subsequent additional purchases are accepted in Rs 1,000 (multiples of Re 1 thereafter).

Pros & Cons of HDFC Small Cap Fund

Distinctive features of HDFC Small Cap Fund is as below:

1. The scheme is ranked No 1 in Small Cap Fund category by Crisil for quarter ending 30 September 2018 which is unchanged from last quarter;
2. The Fund has managed the recent correction in small-cap category well. The Fund has beaten its benchmark and peer funds by a long margin over the last 3-year horizon.

Fund information & Statistics of HDFC Small Cap Fund

i) Inception / Launch date

HDFC Small Cap Fund was initially launched on 3 April 2008 and was known as Morgan Stanley A.C.E Fund investing across market caps. The Fund was renamed as HDFC Small and Mid-Cap Fund post acquisition of Morgan Stanley’s schemes in 2014 by HDFC. In September 2016, the Fund’s investment strategy underwent yet another change and was renamed as HDFC Small Cap Fund..

ii) Risk level

The Riskometer of the Scheme is “Moderately High Risk” and suitable for investors who are looking for capital growth over long-term.

iii) Redemption

Redemption proceeds are generally dispatched within 10 business days from the date of receipt of request. Exit load is charged if the redemptions are requested within 12 months of purchase.

iv) Fund Manager

Redemption proceeds are generally dispatched within 10 business days from the date of receipt of request. Exit load is charged if the redemptions are requested within 12 months of purchase.

v) Entry / Exit load

The Scheme is currently being managed by Mr. Chirag Setalvad who is managing the Scheme since 25 June 2014. Prior to joining HDFC Asset Management Company, he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.

About HDFC Mutual Fund

HDFC Mutual Funds has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you. Majority of the mutual fund products they offer have CRISIL ratings of 3 and more. Investors from any income background have a gamut of choice in every asset classes and risk profile.