SBI Small Cap Fund, an open-ended equity scheme under SBI Mutual Fund, is designed to capitalize on the growth potential offered by small-cap stocks. Since its inception on September 9, 2009, the fund has remained committed to delivering long-term capital appreciation to investors.
SBI Small Cap Fund – Investment Strategy
The fund primarily focuses on small-cap stocks, with a minimum allocation of 65% to this segment. Additionally, it can invest up to 35% in other equities, including large and mid-cap companies, along with debt and money market instruments. This strategy ensures diversification while capturing the growth opportunities presented by small-cap companies. The fund adopts a blend of growth and value styles, employing a bottom-up approach for stock selection.
Performance Overview
As of June 12, 2024, its net asset value (NAV) stands at ₹172.4547, with a one-day change of 0.88%. The fund’s performance is benchmarked against the S&P BSE 250 Small Cap Index TRI, and it has consistently outperformed its benchmark over the years.
Historical Returns
| Period Invested for | ₹10000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
| 1 Week | 05-Jun-24 | 10675.10 | 6.75% | – | 7.35% | 22/29 |
| 1 Month | 10-May-24 | 11109.20 | 11.09% | – | 9.54% | 4/29 |
| 3 Month | 12-Mar-24 | 11731.50 | 17.32% | – | 16.67% | 11/29 |
| 6 Month | 12-Dec-23 | 12200.50 | 22.01% | – | 19.67% | 10/28 |
| YTD | 01-Jan-24 | 12056.80 | 20.57% | – | 16.31% | 5/29 |
| 1 Year | 12-Jun-23 | 14369.40 | 43.69% | 43.55% | 50.14% | 17/26 |
| 2 Year | 10-Jun-22 | 17352.50 | 73.52% | 31.58% | 36.07% | 18/25 |
| 3 Year | 11-Jun-21 | 18983.10 | 89.83% | 23.77% | 25.88% | 18/24 |
| 5 Year | 12-Jun-19 | 33262.30 | 232.62% | 27.14% | 28.03% | 11/21 |
| 10 Year | 12-Jun-14 | 91999.90 | 820.00% | 24.82% | 19.72% | 2/15 |
| Since Inception | 09-Sep-09 | 172454.70 | 1624.55% | 21.27% | 22.40% | 14/28 |
SBI Small Cap Fund – Portfolio Analysis
The fund’s portfolio comprises 86.39% equity holdings, 0% debt, and 13.61% other assets. It holds positions in various sectors, including household appliances, civil construction, financial services, and more.
| Stock | Sector | % of Total Holdings |
| Blue Star Ltd. | Household appliances | 4.21 |
| Kalpataru Power Transmission Ltd. | Civil construction | 3.97 |
| Finolex Industries Ltd. | Plastic products | 3.25 |
| GE T&D India Ltd. | Heavy electrical equipment | 3.11 |
| Chalet Hotels Ltd. | Hotels & resorts | 3.03 |
| SBFC Finance Ltd. | Non-banking financial | 2.81 |
| Lemon Tree Hotels Ltd. | Hotels & resorts | 2.75 |
| Carborundum Universal Ltd. | Abrasives & bearings | 2.53 |
| City Union Bank Ltd. | Private sector bank | 2.49 |
| Whirlpool Of India Ltd. | Household appliances | 2.36 |
SBI Small Cap Fund – Risk Ratios
- Beta: 0.68 (vs. Category Avg: 0.8)
- Sharpe Ratio: 1.12 (vs. Category Avg: 1.11)
- Treynor’s Ratio: 0.21 (vs. Category Avg: 0.21)
- Jenson’s Alpha: 2.29 (vs. Category Avg: 2.3)
- Standard Deviation: 12.58 (vs. Category Avg: 14.72)
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
