Nifty Smallcap 250 Index Funds Compared
Every Nifty Smallcap 250 Index mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 6 Nifty Smallcap 250 Index funds with at least 3 years of NAVs. Over 3 years their direct plans returned a median 13.3% a year. The highest 3-year return was Edelweiss Nifty Smallcap 250 Index Fund at 13.7% a year.
All Nifty Smallcap 250 Index funds, ranked by 3-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Nifty Smallcap 250 Index Fund | 7.1% | 13.7% | — | — | — | — | 0.25% |
| 2 | Motilal Oswal Nifty Smallcap 250 Index Fund | 6.7% | 13.5% | 13.9% | — | 13.1% | 14.3% | 0.39% |
| 3 | HDFC Nifty Smallcap 250 Index Fund | 6.6% | 13.3% | — | — | — | — | 0.33% |
| 4 | SBI Nifty Smallcap 250 Index Fund | 6.6% | 13.3% | — | — | — | — | 0.44% |
| 5 | ICICI Prudential Nifty Smallcap 250 Index Fund | 6.6% | 13.3% | — | — | — | — | 0.37% |
| 6 | Nippon India Nifty Smallcap 250 Index Fund | 6.7% | 13.1% | 13.6% | — | 12.9% | 13.9% | 0.41% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which Nifty Smallcap 250 Index fund has given the highest returns?
Over the 3 years to 30 Sep 2026, Edelweiss Nifty Smallcap 250 Index Fund (direct plan) at 13.7% a year. Past returns do not predict future ones.
What is the average return of Nifty Smallcap 250 Index funds?
The median direct plan returned 13.3% a year over 3 years to 30 Sep 2026.