About SBI Small Cap Fund
SBI Small Cap Fund is a small cap fund managed by SBI Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of small cap companies.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹214.7325 | 125497 |
| Direct | IDCW | ₹146.564 | 125496 |
| Regular | Growth | ₹185.8687 | 125494 |
| Regular | IDCW | ₹109.8082 | 125495 |
Frequently asked questions
What is the NAV of SBI Small Cap Fund today?
The NAV of SBI Small Cap Fund (Direct plan, Growth) is ₹214.7325 and the Regular plan NAV is ₹185.8687, as of 18 Sept 2026.
What returns has SBI Small Cap Fund given?
Over the last year the Direct plan returned 6.54%, and 12.03% a year over 3 years and 14.51% a year over 5 years. That places it 20 of 23 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Small Cap Fund?
The Direct plan charges 0.74% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Small Cap Fund?
You can start a monthly SIP with ₹500.
How much has SBI Small Cap Fund fallen in the past?
Its deepest fall was 40.3% from 8 Jan 2018 to 24 Mar 2020. Of every one-year stretch in its history, 79% ended in a gain.
What does SBI Small Cap Fund invest in?
As on 31 Aug 2026 it held 70 positions, the largest being Ather Energy Ltd (4.7%), Navin Fluorine International Ltd (3.3%), Sundram Fasteners Ltd (2.8%). Its biggest sector was auto components at 11.5% of the fund. Portfolios change every month.
Which category does SBI Small Cap Fund belong to?
It is a Small Cap Fund from SBI Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Small Cap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.