AlphaGrep Flexi Cap Fund vs AlphaGrep Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
AlphaGrep Flexi Cap Fund is a Flexi Cap fund and AlphaGrep Multi Asset Allocation Fund is a Multi Asset fund. AlphaGrep Flexi Cap Fund charges 2.80% a year and AlphaGrep Multi Asset Allocation Fund 1.38% (Direct plans). Their portfolios overlap 23.3%: they hold 56 of the same securities.
AlphaGrep Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 1.38%
- NAV
- ₹10.13
Which is better, AlphaGrep Flexi Cap or AlphaGrep Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- AlphaGrep Multi Asset Allocation costs less: 1.38% a year against 2.80% (Direct plans).
- AlphaGrep Multi Asset Allocation fell less in its worst fall since 13-08-2026: −4.0% against −7.6%.
- AlphaGrep Multi Asset Allocation is the larger fund: ₹116 Cr against ₹80 Cr.
- Their portfolios overlap 23.3%: 56 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | AlphaGrep Flexi Cap Fund | AlphaGrep Multi Asset Allocation Fund |
|---|---|---|
| Fund house | AlphaGrep Mutual Fund | AlphaGrep Mutual Fund |
| Category | Flexi Cap | Multi Asset |
| AUM | ₹80 Cr (30-09-2026) | ₹116 Cr (30-09-2026) |
| NAV | ₹9.59 (Direct) | ₹10.13 (Direct) |
| Expense ratio (Direct) | 2.80% | 1.38% |
| Expense ratio (Regular) | 4.66% | 3.19% |
| Riskometer | Very High | High |
| Benchmark | Nifty 500 TRI | 45% NIFTY Composite Debt Index + 35% NIFTY 200 TRI + 20% MCX iCOMDEX Composite Index |
| Launch date | 11-08-2026 | 24-07-2026 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Ravneet Singh | Ravneet Singh, Ashish Jain |
| Exit load | Exit load of 1%, if redeemed within 15 Days. | Exit load of 1%, if redeemed within 15 days. |
AlphaGrep Flexi Cap vs AlphaGrep Multi Asset Allocation: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| AlphaGrep Flexi Cap Fund (Direct) | −3.35% | -- | -- | -- | -- | -- | -- |
| AlphaGrep Multi Asset Allocation Fund (Direct) | −0.93% | +0.89% | -- | -- | -- | -- | -- |
| Flexi Cap average | −1.62% | -- | -- | -- | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | -- | -- | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 37 Multi Asset funds, same plan type.
AlphaGrep Flexi Cap vs AlphaGrep Multi Asset Allocation: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of AlphaGrep Flexi Cap Fund
AlphaGrep Flexi Cap vs AlphaGrep Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | AlphaGrep Flexi Cap Fund (Direct) | AlphaGrep Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −22.07% | +4.50% |
| Standard deviation | 11.03% | 6.79% |
| Sharpe ratio | -2.48 | -0.11 |
| Sortino ratio | -2.84 | -0.15 |
| Maximum drawdown | −7.6% (23-10-2026) | −4.0% (23-10-2026) |
| Beta | 0.83 | -- |
| Alpha | +1.93% | -- |
From daily NAVs, 13-08-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
AlphaGrep Flexi Cap Fund (Direct)
AlphaGrep Multi Asset Allocation Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| AlphaGrep Flexi Cap Fund (Direct) | −7.6% | 28-08-2026 | 23-10-2026 | Not yet | -- | −6.0% |
| AlphaGrep Multi Asset Allocation Fund (Direct) | −4.0% | 25-08-2026 | 23-10-2026 | Not yet | -- | −2.8% |
| Nifty 500 TRI | −9.3% | 13-08-2026 | 23-10-2026 | Not yet | -- | −7.4% |
From daily values since 13-08-2026, the first day every fund has.
AlphaGrep Flexi Cap vs AlphaGrep Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: AlphaGrep Flexi Cap Fund, September 2026; AlphaGrep Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 23.3%
- Held by both
- 56
- Only in AlphaGrep Flexi Cap
- 107
- Only in AlphaGrep Multi Asset Allocation
- 39
| Security | % of AlphaGrep Flexi Cap | % of AlphaGrep Multi Asset Allocation |
|---|---|---|
| DSP Mutual Fund - DSP Gold ETF | 3.81% | 4.79% |
| 91 DAY T-BILL 24.12.26 | 1.78% | 2.97% |
| NTPC Ltd. | 1.24% | 0.81% |
| Dixon Technologies (India) Ltd. | 1.46% | 0.80% |
| Hitachi Energy India Ltd. | 0.86% | 0.76% |
| JSW Steel Ltd. | 1.16% | 0.68% |
| Dr. Reddy's Laboratories Ltd. | 1.03% | 0.65% |
| Steel Authority of India Ltd. | 0.55% | 0.78% |
| Aditya Birla Capital Ltd. | 0.54% | 0.62% |
| 360 ONE WAM Ltd. | 0.58% | 0.53% |
| Premier Energies Ltd | 1.18% | 0.53% |
| Larsen & Toubro Ltd. | 0.95% | 0.50% |
| Tata Consumer Products Ltd. | 0.99% | 0.48% |
| Blue Star Ltd. | 0.47% | 0.49% |
| Hyundai Motor India Ltd. | 0.92% | 0.45% |
| Grasim Industries Ltd. | 0.62% | 0.45% |
| Mahindra & Mahindra Ltd. | 0.81% | 0.45% |
| National Aluminium Company Ltd. | 0.39% | 0.89% |
| Sun Pharmaceutical Industries Ltd. | 1.20% | 0.39% |
| HDFC Asset Management Co. Ltd. | 0.53% | 0.35% |
| Bharat Electronics Ltd. | 1.58% | 0.35% |
| Pidilite Industries Ltd. | 0.82% | 0.34% |
| Indian Renewable Energy Development Agency Ltd. | 0.33% | 0.35% |
| Lupin Ltd. | 0.97% | 0.33% |
| Samvardhana Motherson International Ltd. | 0.33% | 0.67% |
| Lodha Developers Ltd. | 0.33% | 0.80% |
| Info Edge (India) Ltd. | 0.34% | 0.32% |
| Laurus Labs Ltd. | 0.32% | 0.70% |
| Coal India Ltd. | 0.61% | 0.31% |
| Havells India Ltd. | 0.46% | 0.31% |
| Hero MotoCorp Ltd. | 0.30% | 0.61% |
| Bharat Forge Ltd. | 0.26% | 0.71% |
| Jubilant Foodworks Ltd. | 0.24% | 0.33% |
| The Federal Bank Ltd. | 0.27% | 0.24% |
| RBL Bank Ltd. | 0.23% | 0.45% |
| AU Small Finance Bank Ltd. | 0.77% | 0.22% |
| DLF Ltd. | 0.67% | 0.22% |
| KEI Industries Ltd. | 0.21% | 0.66% |
| Indian Oil Corporation Ltd. | 0.21% | 0.36% |
| Delhivery Ltd. | 0.21% | 0.45% |
| Page Industries Ltd. | 0.20% | 0.34% |
| Asian Paints Ltd. | 0.23% | 0.19% |
| Petronet LNG Ltd. | 0.19% | 0.58% |
| Aurobindo Pharma Ltd. | 0.18% | 0.52% |
| Bharat Heavy Electricals Ltd. | 0.18% | 0.46% |
| UPL Ltd. | 0.16% | 0.17% |
| Bharti Airtel Ltd. | 0.15% | 0.78% |
| Bharat Petroleum Corporation Ltd. | 0.14% | 0.17% |
| Dabur India Ltd. | 0.13% | 0.18% |
| UNO Minda Ltd. | 0.13% | 0.31% |
| Indus Towers Ltd. | 0.24% | 0.12% |
| CG Power and Industrial Solutions Ltd. | 0.77% | 0.12% |
| LIC Housing Finance Ltd. | 0.11% | 0.50% |
| Prestige Estates Projects Ltd. | 0.11% | 0.46% |
| Fortis Healthcare Ltd. | 0.21% | 0.10% |
| Punjab National Bank | 0.16% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.3% means 23.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in AlphaGrep Flexi Cap Fund
| Security | % of fund |
|---|---|
| CIE Automotive India Ltd. | 1.95% |
| Kirloskar Oil Engines Ltd. | 1.50% |
| Niva Bupa Health Insurance Company Ltd. | 1.41% |
| BEML Ltd. | 1.34% |
| Sun TV Network Ltd. | 1.26% |
Largest holdings only in AlphaGrep Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| 182 DAY T-BILL 28.01.27 | 8.44% |
| 9.22% Nuvama Wealth Finance Ltd. (20/11/2028) | 3.44% |
| 9.15% 360 One Prime Ltd. (19/06/2029) | 3.43% |
| Knowledge Realty Trust | 1.97% |
| Embassy Office Parks Reit | 1.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | AlphaGrep Flexi Cap | AlphaGrep Multi Asset Allocation |
|---|---|---|
| Equity | 81.5% | 33.0% |
| Debt | 1.8% | 19.1% |
| Cash and others | 16.8% | 47.9% |
Market cap of stocks
| Market cap | AlphaGrep Flexi Cap | AlphaGrep Multi Asset Allocation |
|---|---|---|
| Large Cap | 16.7% | 11.5% |
| Mid Cap | 21.7% | 18.3% |
| Small Cap | 41.8% | 2.6% |
| Foreign stocks | 0.0% | 0.6% |
| Not on AMFI's list | 1.2% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | AlphaGrep Flexi Cap | AlphaGrep Multi Asset Allocation |
|---|---|---|
| Auto Components | 7.6% | 1.7% |
| Pharmaceuticals & Biotechnology | 6.1% | 3.2% |
| Electrical Equipment | 5.8% | 1.9% |
| Consumer Durables | 4.8% | 1.8% |
| Finance | 4.2% | 3.5% |
| Industrial Products | 3.5% | 1.2% |
| Banks | 3.3% | 2.4% |
| Capital Markets | 3.0% | 2.2% |
The six largest sectors of each fund's stocks, % of the fund.
AlphaGrep Flexi Cap vs AlphaGrep Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | AlphaGrep Flexi Cap Fund | AlphaGrep Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.80% | 1.38% |
| Base expense ratio (Direct) | 0.50% | 0.31% |
| Total expense ratio (Regular) | 4.66% | 3.19% |
| Base expense ratio (Regular) | 2.08% | 1.84% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare AlphaGrep Flexi Cap with
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AlphaGrep Flexi Cap Fund vs AlphaGrep Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between AlphaGrep Flexi Cap Fund and AlphaGrep Multi Asset Allocation Fund?
AlphaGrep Flexi Cap Fund is a Flexi Cap fund, AlphaGrep Multi Asset Allocation Fund is a Multi Asset fund, run by AlphaGrep Mutual Fund. Their portfolios overlap 23.3%. AlphaGrep Flexi Cap Fund charges 2.80% a year and AlphaGrep Multi Asset Allocation Fund 1.38%.
Which has the lower expense ratio, AlphaGrep Flexi Cap Fund or AlphaGrep Multi Asset Allocation Fund?
AlphaGrep Multi Asset Allocation Fund charges less: 1.38% a year against 2.80%. These are the Direct plans' total expense ratios reported to AMFI.
How much do AlphaGrep Flexi Cap Fund and AlphaGrep Multi Asset Allocation Fund overlap?
23.3%. They hold 56 of the same securities, the largest shared ones being GOLDADD, 91 DAY T-BILL 24.12.26, NTPC. From each fund's latest monthly portfolio.
Which is riskier, AlphaGrep Flexi Cap Fund or AlphaGrep Multi Asset Allocation Fund?
On SEBI's riskometer, AlphaGrep Flexi Cap Fund is rated Very High and AlphaGrep Multi Asset Allocation Fund High. Over their common history, the standard deviation of daily returns was 11.03% and 6.79% a year.
Can I invest in both AlphaGrep Flexi Cap Fund and AlphaGrep Multi Asset Allocation Fund?
Yes. 23.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages AlphaGrep Flexi Cap Fund and AlphaGrep Multi Asset Allocation Fund?
AlphaGrep Flexi Cap Fund: Ravneet Singh. AlphaGrep Multi Asset Allocation Fund: Ravneet Singh, Ashish Jain.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.