HDFC Small Cap Fund vs QUANTUM SMALL CAP FUND
HDFC Small Cap Fund and QUANTUM SMALL CAP FUND are both Small Cap funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.65% vs +10.80%, 5-year CAGR +13.32% vs —, volatility 17.40% vs 17.13%, maximum drawdown −48.26% vs −18.21%. Their portfolios overlap by 9.1% (9 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Fund house | HDFC Mutual Fund | Quantum Mutual Fund |
| Compared as | Small Cap | Small Cap |
| NAV | ₹153.3860 | ₹13.6100 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 30 Jun 2014 | 3 Nov 2023 |
| Track record | 12.4 yrs | 3.0 yrs |
| Fund size (AUM) | ₹40,801 Cr | ₹262 Cr |
| Securities held | 85 | 58 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| 1 month | −1.75% | −2.30% |
| 3 months | −6.47% | −4.63% |
| 6 months | −1.50% | +2.56% |
| 1 year | −6.68% | +3.26% |
| 3 years (CAGR) | +9.65% | +10.80% |
| 5 years (CAGR) | +13.32% | — |
| 7 years (CAGR) | +20.22% | — |
| 10 years (CAGR) | +17.30% | — |
| Since launch (CAGR) | +17.34% | +10.80% |
| SIP return (XIRR, 5 years) ⓘ | +10.95% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| 2026 (year to date) | −2.86% | +4.53% |
| 2025 | +0.25% | +5.34% |
| 2024 | +21.54% | +17.16% |
| 2023 | +46.17% | — |
| 2022 | +5.64% | — |
| 2021 | +66.49% | — |
Risk
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.40% | 17.13% |
| Downside volatility ⓘ | 12.14% | 11.29% |
| Sharpe ratio ⓘ | 0.18 | 0.25 |
| Sortino ratio ⓘ | 0.26 | 0.38 |
| Maximum drawdown ⓘ | −48.26% | −18.21% |
| Recovery from that fall | 9 months | 3 months |
| Current fall from peak | −7.53% | −5.49% |
| Rolling 1-year return: worst | −43.19% | −1.85% |
| Rolling 1-year return: median | +12.40% | +7.86% |
| Rolling 1-year return: best | +126.35% | +25.44% |
| Share of 1-year periods with a loss | 23.23% | 4.44% |
Against each fund's benchmark
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Beta ⓘ | 0.78 | 0.73 |
| Alpha (Jensen's, annualised) ⓘ | −3.52% | −1.29% |
| R² ⓘ | 92.20 | 83.36 |
| Upside capture | 75.44% | 75.99% |
| Downside capture | 83.29% | 75.67% |
| Tracking error | 6.89% | 9.14% |
| Information ratio | -0.76 | -0.25 |
| Treynor ratio | 3.10 | 2.75 |
Portfolio
Asset mix
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Equity | 90.07% | 93.08% |
| Cash & equivalents | 9.93% | 6.92% |
Market-cap split (share of fund assets)
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Large Cap | 6.49% | 5.56% |
| Mid Cap | 9.19% | 3.62% |
| Small Cap | 74.13% | 82.40% |
| Unclassified | 0.26% | 1.50% |
Concentration
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Top 10 holdings | 25.37% | 27.70% |
| Effective number of stocks ⓘ | 71.3 | 55.1 |
| Securities held | 85 | 58 |
Portfolio overlap: 9.1%
9 companies are held by both funds; by weight, 9.1% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | HDFC Small Cap | QUANTUM SMALL CAP |
|---|---|---|
| PVR INOX Limited | 1.75% | 1.76% |
| Eris Lifesciences Ltd | 1.89% | 1.59% |
| City Union Bank Limited | 1.48% | 1.22% |
| Equitas Small Finance Bank Limited | 1.15% | 1.91% |
| UTI Asset Management Company Limited | 1.01% | 1.40% |
| Lumax Industries Ltd | 0.83% | 2.23% |
| Mastek Limited | 0.61% | 0.80% |
| GNA Axles Ltd | 0.48% | 2.70% |
| Gateway Distriparks Ltd. | 0.43% | 1.39% |
Top 10 holdings
HDFC Small Cap
- Firstsource Solutions Limited3.68%
- Aster DM Quality Care Limited3.37%
- Gabriel India Ltd.3.09%
- eClerx Services Limited2.92%
- Bank of Baroda2.65%
- Krishna Institute Of Medical Sciences Limited2.04%
- Apar Industries Limited1.92%
- Indian Bank1.91%
- Pearl Global Industries Limited1.90%
- Eris Lifesciences Ltd1.89%
QUANTUM SMALL CAP
- Supriya Lifescience Limited3.97%
- Engineers India Ltd.3.20%
- UNIPARTS INDIA LIMITED2.75%
- Karur Vysya Bank Limited2.71%
- GNA Axles Ltd2.70%
- Alivus Life Sciences Limited2.61%
- Lumax Auto Technologies Limited2.56%
- Star Health And Allied Insurance Company Limited2.50%
- CCL Products (India) Limited2.40%
- Carysil Limited2.30%
Sector exposure
| HDFC Small Cap | QUANTUM SMALL CAP | |
|---|---|---|
| Auto Components | 11.83% | 13.91% |
| Banks | 8.80% | 11.25% |
| Pharmaceuticals & Biotechnology | 2.55% | 9.89% |
| Industrial Products | 3.91% | 9.17% |
| Commercial Services & Supplies | 8.35% | 2.62% |
| Healthcare Services | 8.24% | 0.00% |
| Consumer Durables | 4.39% | 6.10% |
| Transport Services | 5.43% | 3.66% |
| Agricultural Food & other Products | 0.00% | 4.22% |
| Retailing | 3.86% | 4.13% |
| Construction | 4.09% | 3.20% |
| Insurance | 0.00% | 3.75% |
| IT - Software | 2.79% | 3.62% |
| Textiles & Apparels | 3.12% | 0.00% |
Questions people ask
What is the difference between HDFC Small Cap and QUANTUM SMALL CAP returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −6.68% vs +3.26%; 3-year CAGR +9.65% vs +10.80%; 5-year CAGR +13.32% vs —; 10-year CAGR +17.30% vs —. Past returns do not indicate future returns.
How do HDFC Small Cap and QUANTUM SMALL CAP compare on risk?
Volatility (36 monthly returns, annualised) 17.40% vs 17.13%; Sharpe ratio 0.18 vs 0.25; Sortino ratio 0.26 vs 0.38; maximum drawdown −48.26% vs −18.21%; beta 0.78 vs 0.73.
How much do HDFC Small Cap and QUANTUM SMALL CAP overlap?
By weight, 9.1% of the two portfolios is invested in the same companies; 9 stocks are held by both, the largest shared positions being PVR INOX Limited, Eris Lifesciences Ltd, City Union Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Small Cap and QUANTUM SMALL CAP?
HDFC Small Cap: large cap 6.5%, mid cap 9.2%, small cap 74.1%. QUANTUM SMALL CAP: large cap 5.6%, mid cap 3.6%, small cap 82.4% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
HDFC Small Cap vs
All Small Cap comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.