AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

PGIM India Small Cap Fund - Direct Plan - Direct Growth

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.

AMC websiteScheme documentsNAV history (AMFI)हिंदी में

PGIM India Mutual FundSmall Cap FundsDirect · GrowthRiskometer: Very High RiskBenchmark: Nifty Smallcap 250
NAV · 16 Oct 2026₹19.4300▲ 0.36% (1 day)
  • Current NAV₹19.4300
  • Fund Size (AUM)₹ 1,739 Cr.
  • Expense Ratio0.94 %
  • 1Y Return+8.85%
  • 3Y Return (CAGR)+14.80%
  • 5Y Return (CAGR)+11.05%
  • Category Rank (3Y)11 / 24
  • RiskometerVery High Risk
  • Min. SIP / Lump sum₹ 1,000 / ₹ 5,000
More figures (11)
  • Since Launch (CAGR)+13.33%
  • BenchmarkNifty Smallcap 250
  • Volatility (3Y)15.66 %
  • Sharpe Ratio (3Y)0.53
  • Beta (3Y)0.76
  • 52-week High / Low₹20.4900 / ₹15.1600
  • Max Drawdown-24.6 %
  • Launched29 Jul 2021
  • Lock-inNone
  • Portfolio Turnover63 %
  • Fund ManagersVinay Paharia, Puneet Pal, Utsav Mehta +1

Performance chart

Benchmark: Nifty Smallcap 250 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 11.1% a year, against category average 14.1% (rank 20 of 22 Small Cap Funds) and Nifty Smallcap 250 12.2%.
  • Volatility over 3 years was 15.7% a year (Nifty Smallcap 250: 19.2%), with a Sharpe ratio of 0.53.
  • Its biggest fall from a peak was 24.6% (17 Jan 2022 to 20 Jun 2022).
  • It did better than the Nifty Smallcap 250 in 2 of the last 4 calendar years.
  • Across all 3-year periods since launch, yearly returns ranged from 7.9% to 21.3% and were positive 100% of the time.
  • Expense ratio 0.94%, fund size ₹1,739 crore.

Pros

  • Every 3-year period since launch gave a positive return (lowest 7.9% a year).
  • Fell less than the benchmark in falling months: down-market capture of 73% over 3 years.
  • Fell less than the Nifty Smallcap 250 in all 3 of its big falls since launch.
  • Less volatile than the Nifty Smallcap 250 over 3 years (15.7% against 19.2% a year).

Cons

  • Bottom-quarter returns in its category over 5 years: rank 20 of 22 Small Cap Funds (11.1% a year against a category average of 14.1%).
  • Behind the Nifty Smallcap 250 by 1.1 points a year over 5 years (11.1% against 12.2%).
  • Beat the Nifty Smallcap 250 in only 9% of rolling 3-year periods.

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.05%-1.87%+1.94%+14.77%+12.90%+8.85%+4.10%+14.80%+11.05%——+13.33%
Nifty Smallcap 250+0.36%-1.26%-2.60%+8.88%+5.71%+3.04%-2.38%+12.32%+12.16%+21.49%+13.44%+14.28%
Category average-2.01%+11.43%+9.67%+14.11%+14.07%
Rank in category27/3611/3616/3111/2420/22
QuartileQ3Q2Q3Q2Q4
Best in category+1.10%+23.14%+27.45%+22.39%+18.33%
Worst in category-3.27%+1.54%-3.66%+4.48%+6.62%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Small Cap Funds, returns as on 17 Oct 2026. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022
This fund+12.90%+1.00%+21.54%+25.85%-3.47%
Nifty Smallcap 250+5.71%-6.01%+26.43%+48.10%-3.65%
Difference+7.19%+7.01%-4.89%-22.25%+0.18%

January to December each year; the current year is to date.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026-4.21.2-8.014.12.25.51.66.8-3.4-1.9
2025-8.3-9.67.41.76.95.11.2-2.20.24.3-1.9-2.01.0
20240.70.6-2.58.0-2.19.93.33.62.4-2.2-0.1-0.921.6
2023-1.1-3.3-1.61.15.84.75.01.12.0-1.78.53.225.8
2022-0.9-8.97.3-0.7-7.6-4.69.86.1-0.81.01.8-4.2-3.5
20216.02.00.25.1

Change in NAV from the last business day of one month to the last business day of the next. Positive in 37 of 62 months shown (60%). "Year" is shown for complete calendar years.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?15.66%15.95%
Nifty Smallcap 250 volatility ?19.18%18.65%
Sharpe ratio ?0.530.29
Sortino ratio ?0.720.38
Beta ?0.760.80
Alpha (yearly) ?3.87%0.02%
R-squared ?0.870.87
Up-market capture ?87.20%83.20%
Down-market capture ?72.80%79.80%
Maximum drawdown-21.47%-24.59%

Rolling 3-year returns (yearly)

Lowest+7.89%
Median+15.92%
Highest+21.26%
Positive100% of periods
Above 12% a year87% of periods
Beat Nifty Smallcap 2509% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

How it handled market falls

When the Nifty Smallcap 250 fell more than 10%

Fall (peak to bottom)Nifty Smallcap 250This fundDifferenceFund, 1 year after bottomIndex, 1 year after bottom
23 Sep 2024 → 3 Mar 2025-26.1%-21.2%+4.916.3%13.3%
7 Feb 2024 → 13 Mar 2024-12.5%-8.6%+3.98.7%4.6%
17 Jan 2022 → 20 Jun 2022-26.9%-24.6%+2.326.1%37.5%

Every fall of more than 10% in the benchmark since the fund was launched, measured between the index's peak and bottom dates. "Difference" in percentage points: positive means the fund fell less.

Biggest falls in this fund's NAV

PeakBottomFallBack to the peak onTime to recover
17 Jan 202220 Jun 2022-24.6%17 Jul 202313 months
16 Oct 20243 Mar 2025-21.5%17 Sep 20257 months
19 Sep 202523 Mar 2026-16.2%7 May 202645 days
27 Feb 202413 Mar 2024-8.6%4 Apr 202422 days
10 Nov 202129 Nov 2021-7.4%3 Jan 202235 days
18 Oct 202125 Oct 2021-6.7%9 Nov 202115 days

Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRRNifty Smallcap 250 XIRR
1Y₹1,20,000₹1,31,445₹11,445+18.08%+9.55%
3Y₹3,60,000₹4,31,829₹71,829+12.17%+5.94%
5Y₹6,00,000₹8,49,974₹2,49,974+13.90%+13.29%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all Small Cap Funds (36)

S.No.Scheme (Direct plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.BANDHAN Small Cap FundBandhan Mutual Fund10.0710.3722.3917.950.6035,856
2.ITI Small Cap FundITI Mutual Fund16.7416.1421.6516.760.863,666
3.Invesco India Small Cap FundInvesco Mutual Fund11.439.4820.2717.600.6316,131
4.BANK OF INDIA SMALL CAP FUNDBank of India Mutual Fund23.1427.4520.2118.330.723,671
5.Mahindra Manulife Small Cap FundMahindra Manulife Mutual Fund12.6213.5018.26—0.965,373
6.Quant Small Cap Fundquant Mutual Fund15.2111.4216.4917.170.9435,572
7.LIC MF Small Cap FundLIC Mutual Fund13.1613.7916.20—1.32841
8.DSP Small Cap FundDSP Mutual Fund12.2317.6916.0116.110.8021,467
9.Union Small Cap FundUnion Mutual Fund14.7117.9615.0815.551.112,732
10.Sundaram Small Cap FundSundaram Mutual Fund9.5710.5114.7214.410.954,107
11.PGIM India Small Cap FundPGIM India Mutual Fund13.568.9714.6711.070.941,739
12.Aditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund13.0313.8713.7911.631.096,120
13.Axis Small Cap FundAxis Mutual Fund8.806.7313.6914.180.7330,678
14.Edelweiss Small Cap FundEdelweiss Mutual Fund6.425.3313.5414.600.636,928
15.Nippon India Small Cap FundNippon India Mutual Fund7.166.3413.5316.770.6980,906
16.UTI Small Cap FundUTI Mutual Fund5.552.9112.1813.240.875,229
17.Kotak Small Cap FundKotak Mahindra Mutual Fund7.573.2710.7910.780.6419,141
18.Canara Robeco Small Cap FundCanara Robeco Mutual Fund3.741.8910.4912.250.6813,972
19.Franklin India Small Cap FundFranklin Templeton Mutual Fund3.692.8610.4413.681.0614,257
20.Tata Small Cap FundTata Mutual Fund11.20-0.1610.2213.780.5113,214
21.SBI SMALL CAP FUNDSBI Mutual Fund7.704.1010.1711.960.7841,059
22.ICICI Prudential Small Cap FundICICI Prudential Mutual Fund5.843.0010.1512.371.179,791
23.HDFC Small Cap FundHDFC Mutual Fund1.54-3.669.1312.740.7540,801
24.Sundaram Small Cap FundSundaram Mutual Fund2.763.644.486.620.954,107
25.Abakkus Small Cap FundAbakkus Mutual Fund11.27—————
26.Bajaj Finserv Small Cap FundBajaj Finserv Mutual Fund13.1413.97————
27.Baroda BNP Paribas Small Cap FundBaroda BNP Paribas Mutual Fund7.537.88——0.921,277
28.Groww Small Cap FundGroww Mutual Fund18.69—————
29.Helios Small Cap FundHelios Mutual Fund17.50—————
30.JM Small Cap FundJM Financial Mutual Fund19.5113.20——0.95941
31.Mirae Asset Small Cap FundMirae Asset Mutual Fund7.507.81————
32.Motilal Oswal Small Cap FundMotilal Oswal Mutual Fund19.1717.38——0.858,298
33.QUANTUM SMALL CAP FUNDQuantum Mutual Fund7.606.52——0.70262
34.Samco Small Cap FundSamco Mutual Fund21.85—————
35.The Wealth Company Small Cap FundThe Wealth Company Mutual Fund8.52—————
36.TRUSTMF SMALL CAP FUNDTrust Mutual Fund21.8625.46——1.563,877
Median: 36 schemes11.248.9713.7413.980.866,928

Detailed comparison with another fund About Small Cap Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

Investment objective
To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.
Fund managers
Vinay Paharia, Puneet Pal, Utsav Mehta, Vivek Sharma
Fund house
PGIM India Mutual Fund
Category
Small Cap Funds · Equity
Benchmark used here
Nifty Smallcap 250 (price index)
Plan / option
Direct · Growth
AMFI scheme code
149019
ISIN
INF663L01W06
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Small Cap Funds

Small Cap Funds invest at least 65% in small-cap companies (251st and smaller). They carry the highest risk among diversified equity funds and can fall much more than the market in bad years.

Generally used by experienced investors with a long horizon (7–10 years) and a high tolerance for risk.

Other plans of this scheme

Tax on your gains

Likely tax treatment: Equity-oriented fund

  • Held 12 months or less: short-term gain taxed at 20%.
  • Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Fund managers

VP
PP
UM
VS

From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.

Latest news: PGIM India Mutual Fund

Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.

Questions about this scheme

What is the NAV of PGIM India Small Cap Fund today?
The latest NAV of PGIM India Small Cap Fund - Direct Plan - Direct Growth is ₹19.4300 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has PGIM India Small Cap Fund given?
As on 16 Oct 2026: 1 year +8.85%, 3 years +14.80% a year, 5 years +11.05% a year. Past returns may or may not be sustained in future.
What is the expense ratio of PGIM India Small Cap Fund?
The expense ratio of the Direct plan is 0.94% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Very High Risk. Over 3 years its volatility was 15.7% a year and its biggest fall from a peak was 21.5%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Small Cap Funds?
Small Cap Funds invest at least 65% in small-cap companies (251st and smaller). They carry the highest risk among diversified equity funds and can fall much more than the market in bad years.
How are gains from PGIM India Small Cap Fund taxed?
It is taxed as an equity-oriented fund: gains on units held up to 12 months are taxed at 20%; after 12 months, gains above ₹1.25 lakh a year are taxed at 12.5% (plus surcharge and cess).
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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