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Broad MarketParent: Nifty 500

Nifty Smallcap 250

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty 500Backtest Hero?

Launch date: 01-04-2016. 51.0% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty Smallcap 250 and Nifty 500 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
15.3%BT
Nifty 500: 13.6%
Annualized volatility
21.5%BT
Nifty 500: 20.1%
Max drawdown
-75.6%BT
Nifty 500: -63.7%
Sharpe
0.56BT
Nifty 500: 0.50
Sortino
0.73BT
Nifty 500: 0.69
Median rolling 5Y CAGR
14.0%BT
Nifty 500: 13.4%

Drawdown and recovery

Full history of Nifty Smallcap 250, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-8.2%
High on 08-09-2026
Gain needed to recover
9.0%
From the latest close back to the high
Time below high
2m
Since the last high
Worst decline
-75.6%
02-01-2008 to 09-03-2009; recovered 05-06-2014 (6y 5m after the high)BT
Longest time below a high
6y 5m
02-01-2008 to 05-06-2014BT
Time spent below a high
90.8%
6 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year33.3%10.2%-69.7%178.7%5,094
3 years16.5%16.9%-17.5%44.9%4,580
5 years7.0%14.0%-6.2%40.1%4,106
7 years0.0%13.4%1.8%24.4%3,606
10 years0.0%14.6%2.5%21.8%2,862

Lost money: share of windows with a negative annualized return.

Versus Nifty 500

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
120.5%
Average of 162 months Nifty 500 rose
Downside capture
121.4%
Average of 96 months Nifty 500 fell; lower is better
Months ahead
51.9%
Beat Nifty 500 in this share of 258 months
Longest stretch behind
9y 4m
Relative wealth below its high, 01-01-2008 to 20-04-2017

Now 4.0% behind its best point relative to Nifty 500, for 16d. Relative wealth was below an earlier peak on 98.5% of shared trading days.

Backtest Hero? · vs its own history

28-10-2021 – 28-10-2026 · 5 years. Compared with 1,493 equal-length periods from the pre-launch backtest.
Open full analysis
CAGR
13.3%
Historical percentile 70.0median 10.4%
Volatility
18.6%
Historical percentile 30.6median 23.9%
Max drawdown
-26.6%
Historical percentile 100.0median -65.0%
Sharpe
0.52
Historical percentile 72.4median 0.37

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 2,171 vs 1,554 in Nifty 500. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty Smallcap 250 vs Nifty 500; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.
YearNifty Smallcap 250Nifty 500Difference
2026 (YTD)+2.3%-8.2%
+10.6 pp
2025-5.5%+7.8%
-13.2 pp
2024+27.2%+16.2%
+11.0 pp
2023+49.1%+26.9%
+22.2 pp
2022-2.6%+4.2%
-6.9 pp
2021+63.3%+31.6%
+31.7 pp
2020+26.5%+17.9%
+8.6 pp
2019-7.3%+9.0%
-16.2 pp
2018-26.1%-2.1%
-24.0 pp
2017+58.5%+37.7%
+20.8 pp
2016+1.4%+5.1%
-3.7 pp
2015+11.3%+0.2%
+11.0 pp
2014+71.7%+39.3%
+32.4 pp
2013-6.4%+4.8%
-11.3 pp
2012+40.4%+33.5%
+6.9 pp
2011-35.1%-26.4%
-8.7 pp
2010+17.6%+15.3%
+2.4 pp
2009+117.4%+91.0%
+26.4 pp
2008-68.6%-56.5%
-12.0 pp
2007+97.4%+64.6%
+32.9 pp
2006+32.9%+36.2%
-3.3 pp
2005 (partial)+55.8%+38.5%
+17.3 pp