MF Gyan
small capHigh risk5 years oldAccelerating recently (last 6m ≈ 60% p.a.)

PGIM India Small Cap Fund - Direct Plan - Direct Growth

Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps. From PGIM India Mutual Fund. It's been running since 2 Aug 2021.

Latest price per unit
₹20.38
▲ 0.05% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.16 L
▲ ₹16.2k gain · 16.2% / year
Invested 3 years ago
₹1.62 L
▲ ₹61.9k gain · 17.4% / year
Invested 5 years ago
₹1.98 L
▲ ₹97.8k gain · 14.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.28 L
Gain / loss+₹48.4k
XIRR (annualised)16.90%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.36 L
Projected gain*+₹55.6k
*at this fund's historical rate of 16.90% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 56 other funds in Equity Scheme - Small Cap Fund

Same plan
1-year return
16.20%median 12.15% (+4.06%)
Rank #23 of 57Beats 58% of peers
3-year return
17.41%median 16.20% (+1.21%)
Rank #19 of 57Beats 56% of peers
5-year return
14.62%median 15.72% (-1.11%)
Rank #26 of 57Beats 36% of peers
Bumpiness (3Y)
15.51%median 17.61% (-2.11%)
Rank #9 of 57Less risky than 86% of peers
Worst-ever drop
-24.59%median -39.86% (+15.27%)
Rank #45 of 57Less risky than 21% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 6 years were positive.

+14%
2021
-5%
2022
+26%
2023
+21%
2024
+0%
2025
+19%
2026
Best year
2023 · 25.51%
Worst year
2022 · -4.70%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
15.5%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-24.59%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of PGIM India Small Cap Fund - Direct Plan - Direct Growth against other small cap funds.

Technical details (for the pros)
CAGR — 1 year16.20%
CAGR — 3 years17.41%
CAGR — 5 years14.62%
CAGR — since launch14.72%
Volatility — 1 year (annualised)14.93%
Volatility — 3 years (annualised)15.51%
Max drawdown — 1 year-16.20%
Max drawdown — 3 years-21.47%
Sharpe ratio — 1 year (rf=6%)0.63
Sharpe ratio — 3 years (rf=6%)0.67

Fund info

Fund house
PGIM India Mutual Fund
Category
Equity Scheme - Small Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF663L01W06
ISIN (Div re-invest)
—
Fund code
149019
First price on record
2 Aug 2021 · 1,256 daily prices

About PGIM India Small Cap Fund - Direct Plan - Direct Growth

PGIM India Small Cap Fund - Direct Plan - Direct Growth is a Equity Scheme - Small Cap Fund offered by PGIM India Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the small cap category — Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

The current NAV of PGIM India Small Cap Fund - Direct Plan - Direct Growth is ₹20.3800 (as of 4 Sep 2026). Historically, it has delivered 16.19% over the last year, 17.41% CAGR over 3 years, 14.62% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 15.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 24.6%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of PGIM India Small Cap Fund - Direct Plan - Direct Growth?+

The latest NAV of PGIM India Small Cap Fund - Direct Plan - Direct Growth is ₹20.3800 as of 4 Sep 2026, up 0.05% from the previous day. NAV is updated once a business day after the market close.

What are the returns of PGIM India Small Cap Fund - Direct Plan - Direct Growth?+

PGIM India Small Cap Fund - Direct Plan - Direct Growth has delivered 1-year return 16.19%, 3-year CAGR 17.41%, 5-year CAGR 14.62%, since-inception CAGR 14.72%. Returns are historical and don't predict future performance — markets move in cycles.

What category does PGIM India Small Cap Fund - Direct Plan - Direct Growth belong to?+

PGIM India Small Cap Fund - Direct Plan - Direct Growth is categorised as Equity Scheme - Small Cap Fund. Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

How risky is PGIM India Small Cap Fund - Direct Plan - Direct Growth?+

Based on its 3-year annualised volatility of 15.5%, PGIM India Small Cap Fund - Direct Plan - Direct Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is PGIM India Small Cap Fund - Direct Plan - Direct Growth a direct plan?+

PGIM India Small Cap Fund - Direct Plan - Direct Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is PGIM India Small Cap Fund - Direct Plan - Direct Growth?+

PGIM India Small Cap Fund - Direct Plan - Direct Growth has NAV history available from 2 Aug 2021 — approximately 5 years of track record and 1,256 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.