Scheme

ICICI Prudential Small Cap Fund

Holds 118 companies worth ₹9,459 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹9,791 CrICICI Prudential Small Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.3% on Aug 2026, ₹9,821 Cr.
Largest holding
Shadowfax Technologies LimitedShadowfax Technologies Limited is 3.8% of this scheme's NAV.
Fund manager
Sharmila D'silvaRuns it since 1 Jul 2022, as the fund house dates it. With Aatur Shah (fund manager), Rajat Chandak (fund manager), Gaurav Jain (fund manager), Sakshat Goel (fund manager).

Overview^{(31 Aug 2026)}

Fund managers5

Sharmila D'silvaFund manager · Jul 2022
Aatur ShahFund manager · Apr 2025 · 10y · CFA B.Com
Rajat ChandakFund manager · Feb 2026 · 17y · PGDM B.Com
Gaurav JainFund manager · Feb 2026 · 10y · CS B.Com
Sakshat GoelFund manager · Feb 2026 · 4y · PGDM B.E.

Key facts

Benchmark: Nifty Smallcap 250 TRI
Expense: Regular 1.51% · Direct 0.71%
Exit load: 1% within 1 year
Started: 18 Oct 2007
Minimum: ₹5,000

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed^{(9 changes)}

Aug 2026

2 changes

Expense ratio
31 AugRegular 1.8% → 1.51%Direct 0.79% → 0.71%
Renamed
31 AugICICI Prudential Smallcap Fund → ICICI Prudential Small Cap Fund

Feb 2026

7 changes

Sharmila D'silva joined
8 Febas fund manager
Rajat Chandak joined
8 Febas fund manager
Gaurav Jain joined
8 Febas fund manager
Sakshat Goel joined
8 Febas fund manager
Sharmila D'mello left
8 Febran it as fund manager from Jul 2022
Anish Tawakley left
8 Febran it as fund manager from Sept 2023
Expense ratio
8 FebRegular 1.83% → 1.8%Direct 0.88% → 0.79%

Source.Its filings at NSE, since Apr 2025.

Fund managers over time^{(Jul 2022 – now)}

MainCoSlice2023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Apr 2025 – Aug 2026)}

Every change to the expense ratio, newest first.
3 changes	Regular	Direct	Δ pt
31 Aug 2026	1.51%	0.71%	0.08
8 Feb 2026	1.80%	0.79%	0.09
25 Apr 2025	1.83%	0.88%	–

Direct plan, 31 Aug 2026

0.71%

Regular plan 1.51% · Exit load 1% within 1 year

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(31 Aug 2026)}

Objective

The primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Risk, type and benchmark

At launch: Very High
Type: Open Ended
Benchmark: Nifty Smallcap 250 TRI
Benchmark 2: Nifty 50 TRI

Asset allocation it may hold% of NAV

Equity & Equity related securities of Small Cap Companies
Allowed65–100%
Equity & Equity related securities of other than Small Cap Companies
Allowed0–35%
Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds
Allowed0–35%
Units issued by InVITs
Allowed0–10%Holds0.0%

Holds in Sept 2026.96.6% equity · 3.4% debt and cash

How to invest^{(31 Aug 2026)}

Buying

To start: ₹5,000, then in multiples of ₹1
To add: ₹1,000, then in multiples of ₹1
SIP how often: Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
SIP minimum: Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000, then re. 1/-
SIP instalments: Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

Selling and switching

To redeem: Any amount
Switch minimum: ₹5,000
Switch multiples: Any amount
STP how often: Daily,Weekly,Fortnightly,Monthly,Quarterly
STP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
STP minimum: Monthly, Weekly, Fortnightly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments: Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
SWP how often: Monthly,Quarterly, Half Yearly,Annual
SWP dates: Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
SWP minimum: Any amount, then re. 1/-
SWP instalments: Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details^{(31 Aug 2026)}

What it is

Category: Equity - Small Cap Fund
Offer: 23 Aug 2007 to 21 Sept 2007
Started: 18 Oct 2007
Reopened: 19 Oct 2007
Plans: ICICI Prudential Small Cap Fund - Direct Plan - Growth · ICICI Prudential Small Cap Fund - Direct Plan - IDCW · ICICI Prudential Small Cap Fund - Regular Plan - Growth · ICICI Prudential Small Cap Fund - Regular Plan - IDCW
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A., Hongkong and Shanghai Banking Corporation Limited (HSBC)
Auditor: BSR & Co. LLP
Registrar: Computer Age Management Services Limited
SEBI code: ICIC/O/E/SCF/07/06/0031