return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Mutual Funds
    /
  5. ICICI Prudential Small Cap Fund: Fresh subscriptions open today; all you need to know

Personal Finance News

ICICI Prudential Small Cap Fund: Fresh subscriptions open today; all you need to know

Upstox
By Upstox News Desk

6 min read | Updated on January 23, 2026, 14:53 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

ICICI Prudential Small Cap Fund aims to generate capital appreciation by predominantly investing in equity and equity-related securities of small-cap stocks. Launched 18 October 2007, the scheme has survived multiple market cycles.

ICICI Prudential Small Cap Fund

Fresh subscription into ICICI Prudential Small Cap Fund is allowed now. | Image source: Shutterstock

ICICI Prudential Mutual Fund has opened fresh subscriptions into ICICI Prudential Smallcap Fund from today (January 23, 2026).

The ICICI Prudential AMC recently announced that all restrictions on investment amount per PAN have been withdrawn. The AMC will now accept transactions into the small-cap scheme through any of the following modes:

Open FREE Demat Account within minutes!
Join now

  • Fresh/additional purchases through lump sum

  • Switch into the scheme

  • Fresh registrations through Systematic Investment Plan (SIP) and/or Systematic Transfer Plan (STP)

"ICICI Prudential Mutual Fund has informed that ICICI Prudential Trust (the Trustee) has approved to resume subscriptions in the Scheme with effect from January 23, 2026 (the effective date). In this regard, it has further clarified that all the restrictions with respect to investment amount on PAN level basis stands withdrawn and the AMC shall accept the transaction through any of the modes such as fresh/Additional Purchases through Lump sum mode & Switch into the Scheme, fresh registrations through Systematic Investment Plan (‘SIP’) and/or Systematic Transfer Plan (‘STP’) etc from the effective date," the AMC said.

As fresh investment into the ICICI Prudential Small Cap fund starts from today, this article gives an overview of all the key details of ICICI Prudential Small Cap Fund's regular growth plan based on data from ACE MF as of January 22, 2026.

Please note this exercise is for informational purposes only. You should invest in this or any other schemes only if it is suitable for your financial goals and risk appetite.

ICICI Prudential Small Cap Fund: Key details

ICICI Prudential Small Cap Fund aims to generate capital appreciation by predominantly investing in equity and equity-related securities of small-cap stocks. Launched 18 October 2007, the scheme has survived multiple market cycles, delivering over 12% annualised returns since inception till January 22, 2026.

The scheme is managed by Anish Tawakley. It tracks Nifty Smallcap 250 - TRI and has an exit load of 1% if you redeem on or before 1 year. There is no exit load after 1 year.

  • AUM as on 31 December 2025: ₹8427 crore

  • NAV as on January 22, 2026: 81.88

  • NAV (52 Week High) {17-Sep-2025}: 90.14

  • NAV (52 Week Low) {28-Feb-2025}: 72.10

Top 10 Companies

CompanyAllocation (%)
HDFC Bank4.78
Gujarat Pipavav Port2.67
Jamna Auto Inds2.56
Atul2.53
Gillette India2.51
Procter & Gamble Health2.45
Ultratech Cement2.45
Pfizer2.13
Tata Chemicals2.11
EIH1.99

Top 10: Sector-wise holdings

SectorAllocation (%)
Automobiles & ancilliaries14.40
Capital goods3.22
Fmcg3.38
Logistics3.98
Infrastructure4.36
Finance4.67
Bank5.75
Construction materials6.05
Healthcare8.31
Chemicals11.54

Volatility measures

  • Beta: 0.67

  • Sharpe: -0.01

  • FAMA: 0.01

  • Std Deviation: 0.81

Standard deviation simply tells you how much your fund fluctuates.

FAMA measures a mutual fund scheme’s excess return by using the standard deviation of market returns and the standard deviation of portfolio returns, instead of relying on beta. Read more about some of these rations here.

Best and worst return periods

Best return periods
TimeframePeriodFund (%)Benchmark (%)
Year26-05-20 to 26-05-21128.94134.24
Quarter09-03-09 to 11-06-0966.03110.68
Month29-04-09 to 03-06-0927.0558.48
Worst return periods
TimeframePeriodFund (%)Benchmark (%)
Year26-10-07 to 27-10-08-57.13-60.15
Quarter25-07-08 to 27-10-08-45.17-47.65
Month20-02-20 to 23-03-20-39.42-42.15

Fund performance vs Benchmark

PeriodReturns (%)Benchmark (%)
3 months-6.54-9.57
6 months-8.41-12.09
1 year-0.28-3.16
3 years14.8219.36
5 years20.1820.95
Since inception12.19—
Quarterly performance in last 5 years
Financial yearQ1 (%)Q2 (%)Q3 (%)Q4 (%)
2025–202615.09-2.26-0.75—
2024–202517.515.80-6.87-10.76
2023–202417.659.2410.30-0.17
2022–2023-5.5911.810.58-2.70
2021–202219.4114.702.40-0.39

SIP performance

PeriodTotal investment (Rs.)Scheme (Rs.)Benchmark (Rs.)
1 year60,00058,83157,773
3 years1,80,0001,97,0672,02,594
5 years3,00,0004,06,4644,25,016
10 years6,00,00014,37,43614,07,780

As per ACE MF data, a monthly investment of ₹5000 in ICICI Prudential Small Cap Fund through SIP would have grown to 1.97 lakh in 3 years, ₹4 lakh in 5 years and ₹14.7 lakh in 10 years. However, the returns would have been negative in last one year, reducing the total investment's value by approximately ₹1100.

To add Upstox News as your preferred source on Google, Click here
For all personal finance updates, visit here
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.
ELSS
Find the best tax-saver funds for 2025.
promotion image

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story