AlphaGrep Flexi Cap Fund vs Bank of India Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
AlphaGrep Flexi Cap Fund and Bank of India Flexi Cap Fund are both Flexi Cap funds. AlphaGrep Flexi Cap Fund charges 2.80% a year and Bank of India Flexi Cap Fund 0.89% (Direct plans). Their portfolios overlap 11.5%: they hold 18 of the same securities.
Which is better, AlphaGrep Flexi Cap or Bank of India Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bank of India Flexi Cap costs less: 0.89% a year against 2.80% (Direct plans).
- AlphaGrep Flexi Cap fell less in its worst fall since 13-08-2026: −7.6% against −8.8%.
- Bank of India Flexi Cap holds more in large companies: 40.1% of the fund in large caps against 16.7%.
- Bank of India Flexi Cap is the larger fund: ₹3,098 Cr against ₹80 Cr.
- Their portfolios overlap 11.5%: 18 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 | Bank of India Flexi Cap Fund |
|---|---|---|
| Fund house | AlphaGrep Mutual Fund | Bank of India Mutual Fund |
| Category | Flexi Cap | Flexi Cap |
| AUM | ₹80 Cr (30-09-2026) | ₹3,098 Cr (30-09-2026) |
| NAV | ₹9.59 (Direct) | ₹40.10 (Direct) |
| Expense ratio (Direct) | 2.80% | 0.89% |
| Expense ratio (Regular) | 4.66% | 2.27% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 11-08-2026 | 29-06-2020 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ravneet Singh | Alok Singh |
| Exit load | Exit load of 1%, if redeemed within 15 Days. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. |
AlphaGrep Flexi Cap vs Bank of India Flexi Cap: 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% | -- | -- | -- | -- | -- | -- |
| Bank of India Flexi Cap Fund (Direct) | −3.84% | −2.67% | +1.21% | +1.91% | +18.16% | +15.01% | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | -- |
Category average: the average of the 46 Flexi Cap funds, same plan type.
AlphaGrep Flexi Cap vs Bank of India Flexi Cap: Year-wise Returns
| Year | AlphaGrepAlphaGrep Flexi Cap | Bank of IndiaBank of India Flexi Cap |
|---|---|---|
| 2026to date | -- | +4.13% |
| 2025 | -- | +1.16% |
| 2024 | -- | +30.91% |
| 2023 | -- | +39.67% |
| 2022 | -- | +0.77% |
| 2021 | -- | +48.53% |
AlphaGrep Flexi Cap vs Bank of India Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of AlphaGrep Flexi Cap Fund
AlphaGrep Flexi Cap vs Bank of India Flexi Cap: 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) | Bank of India Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −22.07% | +24.45% |
| Standard deviation | 11.03% | 16.42% |
| Sharpe ratio | -2.48 | 1.17 |
| Sortino ratio | -2.84 | 1.58 |
| Maximum drawdown | −7.6% (23-10-2026) | −23.7% (28-02-2025) |
| Beta | 0.83 | 1.05 |
| Alpha | +1.93% | +6.73% |
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)
Bank of India Flexi Cap 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% |
| Bank of India Flexi Cap Fund (Direct) | −8.8% | 28-08-2026 | 23-10-2026 | Not yet | -- | −6.5% |
| 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 Bank of India Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: AlphaGrep Flexi Cap Fund, September 2026; Bank of India Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 11.5%
- Held by both
- 18
- Only in AlphaGrep Flexi Cap
- 145
- Only in Bank of India Flexi Cap
- 57
| Security | % of AlphaGrep Flexi Cap | % of Bank of India Flexi Cap |
|---|---|---|
| Bharat Electronics Ltd. | 1.58% | 1.25% |
| NTPC Ltd. | 1.24% | 1.38% |
| Dr. Reddy's Laboratories Ltd. | 1.03% | 2.51% |
| JSW Steel Ltd. | 1.16% | 1.01% |
| Larsen & Toubro Ltd. | 0.95% | 1.21% |
| Sterlite Technologies Ltd. | 0.89% | 2.61% |
| Hitachi Energy India Ltd. | 0.86% | 0.99% |
| Mahindra & Mahindra Ltd. | 0.81% | 1.54% |
| Titagarh Rail Systems Ltd. | 0.67% | 1.03% |
| Tata Technologies Ltd. | 0.59% | 1.30% |
| Lloyds Metals And Energy Ltd. | 0.49% | 1.26% |
| Ultratech Cement Ltd. | 0.48% | 0.88% |
| Bharat Forge Ltd. | 0.26% | 0.78% |
| Vedanta Aluminium Metal Ltd. | 0.25% | 1.13% |
| Siemens Energy India Ltd. | 0.24% | 0.68% |
| Asian Paints Ltd. | 0.23% | 0.99% |
| Bharti Airtel Ltd. | 0.15% | 2.27% |
| UNO Minda Ltd. | 0.13% | 1.89% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.5% means 11.5% 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 |
|---|---|
| DSP Mutual Fund - DSP Gold ETF | 3.81% |
| CIE Automotive India Ltd. | 1.95% |
| 91 DAY T-BILL 24.12.26 | 1.78% |
| Kirloskar Oil Engines Ltd. | 1.50% |
| Dixon Technologies (India) Ltd. | 1.46% |
Largest holdings only in Bank of India Flexi Cap Fund
| Security | % of fund |
|---|---|
| State Bank of India | 5.05% |
| ICICI Bank Limited | 3.41% |
| Quality Power Electrical Eqp Ltd | 2.78% |
| Hindustan Aeronautics Limited | 2.77% |
| Mankind Pharma Limited | 2.67% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | AlphaGrep Flexi Cap | Bank of India Flexi Cap |
|---|---|---|
| Equity | 81.5% | 90.7% |
| Debt | 1.8% | 4.8% |
| Cash and others | 16.8% | 4.5% |
Market cap of stocks
| Market cap | AlphaGrep Flexi Cap | Bank of India Flexi Cap |
|---|---|---|
| Large Cap | 16.7% | 40.1% |
| Mid Cap | 21.7% | 16.1% |
| Small Cap | 41.8% | 32.1% |
| Not on AMFI's list | 1.2% | 2.4% |
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 | Bank of India Flexi Cap |
|---|---|---|
| Banks | 3.3% | 14.4% |
| Auto Components | 7.6% | 4.1% |
| Pharmaceuticals & Biotechnology | 6.1% | 7.5% |
| Aerospace & Defense | 1.9% | 6.6% |
| Electrical Equipment | 5.8% | 5.8% |
| Consumer Durables | 4.8% | 4.7% |
| Finance | 4.2% | 2.4% |
| Telecom - Equipment & Accessories | 0.9% | 4.2% |
| Industrial Products | 3.5% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
AlphaGrep Flexi Cap vs Bank of India Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | AlphaGrep Flexi Cap Fund | Bank of India Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.80% | 0.89% |
| Base expense ratio (Direct) | 0.50% | 0.49% |
| Total expense ratio (Regular) | 4.66% | 2.27% |
| Base expense ratio (Regular) | 2.08% | 1.66% |
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
AlphaGrep Flexi Cap Fund vs Bank of India Flexi Cap Fund: Frequently Asked Questions
What is the difference between AlphaGrep Flexi Cap Fund and Bank of India Flexi Cap Fund?
Both are Flexi Cap funds, run by AlphaGrep Mutual Fund and Bank of India Mutual Fund. Their portfolios overlap 11.5%. AlphaGrep Flexi Cap Fund charges 2.80% a year and Bank of India Flexi Cap Fund 0.89%.
Which has the lower expense ratio, AlphaGrep Flexi Cap Fund or Bank of India Flexi Cap Fund?
Bank of India Flexi Cap Fund charges less: 0.89% a year against 2.80%. These are the Direct plans' total expense ratios reported to AMFI.
How much do AlphaGrep Flexi Cap Fund and Bank of India Flexi Cap Fund overlap?
11.5%. They hold 18 of the same securities, the largest shared ones being BEL, NTPC, DRREDDY. From each fund's latest monthly portfolio.
Which is riskier, AlphaGrep Flexi Cap Fund or Bank of India Flexi Cap Fund?
On SEBI's riskometer, AlphaGrep Flexi Cap Fund is rated Very High and Bank of India Flexi Cap Fund Very High. Over their common history, the standard deviation of daily returns was 11.03% and 16.42% a year.
Can I invest in both AlphaGrep Flexi Cap Fund and Bank of India Flexi Cap Fund?
Yes. 11.5% 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 Bank of India Flexi Cap Fund?
AlphaGrep Flexi Cap Fund: Ravneet Singh. Bank of India Flexi Cap Fund: Alok Singh.
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.