Tata Small Cap Fund
This is the Direct plan of Tata Small Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 24 of 35 Small Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Small Cap Fund (same plan and option). 24 of the 35 Small Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +11.64% · ranks 19 of 24 Small Cap Funds
Volatility 17.6% vs 16.8% category avg
0.5% expense vs 1.0% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.52%) vs the Small Cap Fund average of 0.96%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- 1-year return (-0.28%) trails the Small Cap Fund average (+12.15%)
- 3-year return (+11.64%) trails the Small Cap Fund average (+15.58%)
- 5-year return (+15.03%) trails the Small Cap Fund average (+15.82%)
- Ranks #30 of 31 on 1-year return in its Small Cap Fund cohort
- Weaker risk-adjusted returns — Sharpe 0.29 below the Small Cap Fund average of 0.52
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Small Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.11% | -3.07% | +2.96% |
| 3M abs | +3.39% | +1.98% | +1.41% |
| 6M abs | +24.59% | +24.20% | +0.39% |
| 1Y CAGR | -0.28% | +12.15% | -12.43% |
| 3Y CAGR | +11.64% | +15.58% | -3.94% |
| 5Y CAGR | +15.03% | +15.82% | -0.79% |
Category average across peers in Small Cap Fund (up to 35 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 35 peers in Small Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Tata Small Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Smallcap 250 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +7.17% | +6.37% | +0.80% | |
| 2025 | -11.28% | -5.29% | -5.99% | |
| 2024 | +33.54% | +27.52% | +6.02% | |
| 2023 | +35.63% | +49.76% | -14.13% | |
| 2022 | +10.29% | -2.65% | +12.94% | |
| 2021 | +73.59% | +63.41% | +10.18% | |
| 2020 | +25.33% | +27.11% | -1.78% | |
| 2019 | +4.63% | -7.26% | +11.89% | |
| 2018part | +2.83% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity93.66%
- Cash & Equivalents6.34%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹11,445Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.
Fund Managers
CPChandraprakash PadiyarManaging since 01 Nov 2018
Senior Fund Manager
25 Mr. Chandraprakash Padiyar is Senior Fund Manager. He is with Tata Asset Management Pvt Ltd. since September 2018. Reports to Chief Investment Officer- Equities. From April 2007 to August 2018 with Alchemy Capital Management Pvt. Ltd. where he was & Portfolio for their onshore long only strategies. Reporting to Chief Investment Officer.
JKJeetendra KhatriManaging since 03 Oct 2023
Assistant Fund Manager and Research Analyst
Bachelor of Management Studies (BMS)
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Tata in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Gold buying in October: Current prices offer better entry point than start of 2026, says Tata MF
Upstox · 7h ago
‘Mutual Funds Speak The Language of Culture’
IMPACT Magazine · 11h ago
#MutualFundSummit2026 | "There's an inflationary environment across the world, and it's picking up pace. In this kind of environment, equities tend to do very well. Indian equities will do well in the coming years." Chandraprakash Padiyar of Tata Mutual Fund s
LinkedIn · 6d ago
Tata debt fund NAV delayed on AMFI website: What investors should know
CNBC TV18 · 6d ago
NFO Alert: Tata Mutual Fund announces launch of Titanium Active Asset Allocator Long-Short Fund
The Economic Times · 12d ago
Tata Mutual Fund launches Titanium Active Asset Allocator Long-Short Fund; check NFO details
Upstox · 12d ago
Fedbank Financial holds meets with HDFC and Tata Mutual Funds
scanx.trade · 13d ago
NFOs this week: Tata’s short term debt fund, Invesco’s defence and chemical funds at a glance
Business Today · 20d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Small Cap funds
Small cap funds invest in companies beyond the top 250 by size. They offer the highest growth potential of any equity category and also the sharpest falls, so they suit long horizons and strong stomachs.
From the blog
Small-cap funds: median up 12.4% while large caps fell
02 Oct 2026
In the year to 1 October 2026 the median small-cap fund gained 12.41%; only 2 of 31 lost money. The 1, 3, 5 and 10-year spread, best, worst and drawdowns.
The most expensive equity funds, even on direct plans
01 Oct 2026
The median direct-plan equity fund charged 1.07% a year at the end of September 2026. 21 of 540 charged 2% or more, and the dearest 3.20%.
Small-cap funds fell 19–31% from their peaks, then recovered
01 Oct 2026
Over three years to 30 September 2026, the median small-cap fund's worst fall was 24.13%, mostly between late 2024 and 3 March 2025. Next to their returns.
Frequently asked questions
What is the NAV of Tata Small Cap Fund?
As of 01 Oct 2026, the NAV of Tata Small Cap Fund is ₹44.53 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Small Cap Fund delivered?
Tata Small Cap Fund has returned -0.28% over 1 year, +11.64% per year over 3 years, +15.03% per year over 5 years and +20.84% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Tata Small Cap Fund?
Tata Small Cap Fund charges an expense ratio of 0.52% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Tata Small Cap Fund?
Tata Small Cap Fund's largest holdings are SUDARSHAN CHEMICAL INDUSTRIES LTD (4.8%), KIRLOSKAR PNEUMATIC COMPANY LTD (4.6%), USHA MARTIN LTD (4.4%), IDFC FIRST BANK LTD (3.9%) and GODREJ INDUSTRIES LTD (3.4%). Holdings are disclosed monthly and change over time.
How risky is Tata Small Cap Fund?
Tata Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.6% and its worst peak-to-trough fall in our sample was -36.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.29 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Small Cap Fund's 0.29 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Tata Small Cap Fund?
Tata Small Cap Fund is benchmarked against the Nifty Smallcap 250 TRI. Its alpha and beta on this page are measured against that index.
Who manages Tata Small Cap Fund?
Tata Small Cap Fund is managed by Chandraprakash Padiyar and Jeetendra Khatri at Tata.
How is Tata Small Cap Fund taxed?
Tata Small Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.