Smallcap MF Weekly — 27 Sep 2026

Smallcap MF Weekly — 27 Sep 2026

Weekly performance scorecard for the 10 largest Indian smallcap mutual fund schemes (Nippon, DSP, Kotak, Quant, SBI, HDFC, Canara Robeco, ICICI Prudential, Motilal Oswal, Mirae Asset). Trailing returns (1W–3Y), alpha vs NIFTY Smallcap 250 TRI, Sharpe ratio, max drawdown, and NIFTY SC250 index sector composition. Refreshed every Sunday.

What this report covers

Each week, Agent Adda pulls NAV history for the ten largest actively-managed and index smallcap schemes from AMFI, computes trailing returns across five horizons (1 week, 1 month, 3 months, 6 months, 1 year, and 3 years where available), and benchmarks every scheme against the NIFTY Smallcap 250 Total Return Index. The result is a single ranked leaderboard that lets you compare schemes on the metrics that matter for long-term wealth creation rather than short-term marketing copy.

How to read the leaderboard

The table is sorted by 1-year return. The ▲ and ▼ markers next to the 1Y column show whether a scheme beat or missed the benchmark that week — green rows beat, plain rows missed. The α 1Y column shows excess return in percentage points over the same horizon: a fund with +3.2α delivered 3.2 pp above the index after costs. Sharpe ratio is annualised using a 6.5% risk-free rate; values above 0.8 are highlighted in green, negative values in red. Max drawdown is the peak-to-trough fall over the trailing year and is the simplest measure of how much pain you would have absorbed in a bad stretch.

Two badge types mark non-comparable rows. INDEX marks the ICICI Prudential Nifty Smallcap 250 Index fund — it tracks the benchmark passively, so its alpha will always be near zero and its drawdown mirrors the index. IDCW marks Canara Robeco's dividend plan — payouts reduce NAV, which depresses trailing return numbers and makes direct comparisons with growth plans misleading. The "Beat Benchmark" summary card counts only active Growth plans so these two schemes are excluded from that tally.

NIFTY SC250 index composition

The sector breakdown below the leaderboard shows the current weight of each sector inside the NIFTY Smallcap 250 index as of this week's constituent list from NSE. This context matters when evaluating fund returns: a scheme that is heavy in Industrials or Chemicals will look different depending on whether those sectors are leading or lagging in the current market cycle. The holdings section — populated monthly once AMFI portfolio disclosures are available — will show each fund's top positions alongside its active share against the index.

How to use this as a research input

This report is a starting point, not a conclusion. A fund that ranks first on 1-year return may be running a high-conviction concentrated bet that adds volatility; a fund ranked fifth with a better Sharpe may be the more reliable compounder over a full cycle. Use the 3-year CAGR alongside the 1-year number, check whether alpha has been consistent or a one-year event, and compare max drawdown with your own risk tolerance before drawing conclusions. Clicking any fund name opens its official AMC page where you can review the full factsheet, portfolio, and manager commentary.

This report was generated by the AgentAdda market intelligence system and is published as an educational showcase. It is research-only market intelligence, not personalised investment advice, not a recommendation to buy or sell any mutual fund unit, and not a substitute for reading the scheme information document or taking independent professional guidance.