Archive · 17 Jan 2026
SBI vs Nippon India Small Cap Funds
Investors often choose between two big smallcap funds: SBI Small Cap Fund and Nippon India Small Cap Fund.
SBI's fund is smaller but has a stable manager and focuses on fewer, bigger investments.
Nippon's fund is much larger and spreads its investments across many companies.
SBI's fund has restricted access, while Nippon's is more open.
Over time, Nippon's fund has generally given better returns.
Both have different ways of managing risk and picking stocks.
Investors should choose based on their preference for management style and how much they want to invest.
SBI Small Cap Fund is managed by R Srinivasan since 2013, while Nippon India Small Cap Fund is managed by a team including Samir Rachh and Kinjal Desai.
Nippon India Small Cap Fund has a significantly larger AUM of Rs 68,572 crore compared to SBI's Rs 36,272 crore as of January 5, 2026.
Nippon India Small Cap Fund has a lower expense ratio of 0.63% compared to SBI's 0.74%.
Over 10 years, Nippon India Small Cap Fund has delivered a higher CAGR of 20.82% compared to SBI's 18.38%.
SBI Small Cap Fund has a more concentrated portfolio with top holdings nearing 4% of assets, while Nippon's top holdings stay below 3%.
- Who
- Investors in the smallcap space
- What
- Comparison between SBI Small Cap Fund and Nippon India Small Cap Fund
- When
- As of January 5, 2026
- Where
- India
- Why
- To understand the differences in management, performance, and investment strategies
- SBI Small Cap Fund AUM
- Rs 36,272 crore
- Nippon India Small Cap Fund AUM
- Rs 68,572 crore
- SBI Small Cap Fund Expense Ratio
- 0.74%
- Nippon India Small Cap Fund Expense Ratio
- 0.63%
- SBI Small Cap Fund Portfolio Turnover
- 23.58%
- Nippon India Small Cap Fund Portfolio Turnover
- 18%
- SBI Small Cap Fund Top Holding
- Ather Energy (3.98%)
- Nippon India Small Cap Fund Top Holding
- Multi-Commodity Exchange of India (2.72%)