A detailed study on the influence of particle size varied from 8 nm to 53 nm on the structural and magnetic properties of La 0.8 Sr 0.2 MnO 3Ϫ␦ has been done. The unit cell volume increases and the microstrain in the compound shows peak formation as the particle size decreases. Nano particles of La 0.8 Sr 0.2 MnO 3Ϫ␦ exhibit superparamagnetism whose blocking temperature has a nonlinear and logarithmic decreasing tendency as function of particle size and applied magnetic field, respectively. Evidence of formation of a magnetically dead layer at the surface has been found and the ratio of the thickness of the dead layer to the particle size increases exponentially with particle size. The coercivity of the nanoparicles increases manifold as particle size varies from 53 nm to 21 nm. In the single domain region the coercivity exhibits a d Ϫ1.125 behavior. The temperature dependence of the saturation magnetization shows strong collective excitation due to the spin wave that varies as T ␣ with ␣Ͼ␣ bulk of 3/2. Thus the spin wave does not follow the Bloch law in the case of nano particles of La 0.8 Sr 0.2 MnO 3Ϫ␦ .