SBI Small Cap Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 180.425 -0.0095(-0.005 %) NAV as on 26 Apr 2024
Scheme Objective: The Scheme seeks to generate income and long term capital appreciation by investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies.
Performance (As on 26 Apr 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 24.04 % | 43.35 % | 26.75 % | 26.64 % | 26.34 % |
| Nifty Smallcap 100 | 37.05 % | 78.23 % | 26.70 % | 20.91 % | N/A |
Portfolio
Small-cap funds invest in stocks beyond the 251st in terms of market capitalisation. These funds have very high risk-return potential, as small companies soar and deliver multi-fold returns during rising markets. However, these stocks fall sharply and are the last to recover from steep market falls. The Nifty Smallcap 100 or the BSE Smallcap can be used as benchmarks to measure performance.
Smallcap funds suit investors with high risk appetites. The minimum period for which these funds need to be held is 5 years.
Short-term: Holding period is less than 12 months.
Taxation: Capital gains are taxed at 15%
Long-term: Holding period is 12 months or more.
Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.
