Skip to content

Launch offerPay once, own it forever. Lifetime plans from ₹4,999, capped at the first 200 members.See lifetime plans →

Popular

    AlphaGrep Flexi Cap Fund vs Navi Nifty 500 Multicap 50:25:25 Index Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    AlphaGrep Flexi Cap Fund is a Flexi Cap fund and Navi Nifty 500 Multicap 50:25:25 Index Fund is an Index fund. AlphaGrep Flexi Cap Fund charges 2.80% a year and Navi Nifty 500 Multicap 50:25:25 Index Fund 0.49% (Direct plans). Their portfolios overlap 24.3%: they hold 143 of the same securities.

    AlphaGrep Flexi Cap Fund

    Flexi Cap

    Expense ratio
    2.80%
    NAV
    ₹9.59
    See AlphaGrep Flexi Cap Fund

    Navi Nifty 500 Multicap 50:25:25 Index Fund

    Index

    Expense ratio
    0.49%
    NAV
    ₹9.56
    See Navi Nifty 500 Multicap 50:25:25 Index Fund

    Which is better, AlphaGrep Flexi Cap or Navi Nifty 500 Multicap 50:25:25 Index? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • Navi Nifty 500 Multicap 50:25:25 Index costs less: 0.49% a year against 2.80% (Direct plans).
    • AlphaGrep Flexi Cap fell less in its worst fall since 13-08-2026: −7.6% against −9.9%.
    • Navi Nifty 500 Multicap 50:25:25 Index holds more in large companies: 50.3% of the fund in large caps against 16.7%.
    • AlphaGrep Flexi Cap is the larger fund: ₹80 Cr against ₹28 Cr.
    • Their portfolios overlap 24.3%: 143 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

    FactAlphaGrep Flexi Cap FundNavi Nifty 500 Multicap 50:25:25 Index Fund
    Fund houseAlphaGrep Mutual FundNavi Mutual Fund
    CategoryFlexi CapIndex
    AUM₹80 Cr (30-09-2026)₹28 Cr (30-09-2026)
    NAV₹9.59 (Direct)₹9.56 (Direct)
    Expense ratio (Direct)2.80%0.49%
    Expense ratio (Regular)4.66%1.14%
    RiskometerVery HighVery High
    BenchmarkNifty 500 TRINIFTY 500 Multicap 50:25:25 Total Return Index
    Launch date11-08-202601-08-2024
    Minimum investment₹500₹100
    Lock inNoneNone
    Fund managersRavneet SinghAshutosh Shirwaikar
    Exit loadExit load of 1%, if redeemed within 15 Days.NIL

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    AlphaGrep Flexi Cap Fund (Direct)−3.35%------------
    Navi Nifty 500 Multicap 50:25:25 Index Fund (Direct)−1.92%−6.36%−2.54%−6.41%------
    Flexi Cap average−1.62%------------

    Category average: the average of the 46 Flexi Cap funds, same plan type.

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Year-wise Returns

    YearAlphaGrep Flexi CapAlphaGrep Flexi CapNavi Nifty 500 Multicap 50:25:25 IndexNavi Nifty 500 Multicap 50:25:25 Index
    2026to date--−5.96%
    2025--+4.75%

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Rolling Returns

    Every holding period of both funds, against Nifty 500 TRI, the benchmark of AlphaGrep Flexi Cap Fund

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureAlphaGrep Flexi Cap Fund (Direct)Navi Nifty 500 Multicap 50:25:25 Index Fund (Direct)
    Return (CAGR)−22.07%−1.93%
    Standard deviation11.03%14.70%
    Sharpe ratio-2.48-0.52
    Sortino ratio-2.84-0.70
    Maximum drawdown−7.6% (23-10-2026)−19.8% (03-03-2025)
    Beta0.830.99
    Alpha+1.93%−0.64%

    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.

    −10%−8%−6%−4%−2%0%
    AlphaGrep Flexi Cap Fund (Direct)Navi Nifty 500 Multicap 50:25:25 Index Fund (Direct)Nifty 500 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    AlphaGrep Flexi Cap Fund (Direct)−7.6%28-08-202623-10-2026Not yet--−6.0%
    Navi Nifty 500 Multicap 50:25:25 Index Fund (Direct)−9.9%13-08-202623-10-2026Not yet--−7.9%
    Nifty 500 TRI−9.3%13-08-202623-10-2026Not yet--−7.4%

    From daily values since 13-08-2026, the first day every fund has.

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Portfolio Overlap

    From each fund's latest monthly portfolio: AlphaGrep Flexi Cap Fund, September 2026; Navi Nifty 500 Multicap 50:25:25 Index Fund, September 2026

    Holdings in common

    Overlap
    24.3%
    Held by both
    143
    Only in AlphaGrep Flexi Cap
    20
    Only in Navi Nifty 500 Multicap 50:25:25 Index
    353
    Security% of AlphaGrep Flexi Cap% of Navi Nifty 500 Multicap 50:25:25 Index
    Larsen & Toubro Ltd.0.95%1.70%
    Mahindra & Mahindra Ltd.0.81%1.02%
    Sun Pharmaceutical Industries Ltd.1.20%0.74%
    NTPC Ltd.1.24%0.59%
    Bharat Electronics Ltd.1.58%0.54%
    Ultratech Cement Ltd.0.48%0.50%
    JSW Steel Ltd.1.16%0.47%
    Grasim Industries Ltd.0.62%0.45%
    Coal India Ltd.0.61%0.39%
    AU Small Finance Bank Ltd.0.77%0.36%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.3% means 24.3% 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
    DSP Mutual Fund - DSP Gold ETF3.81%
    91 DAY T-BILL 24.12.261.78%
    Niva Bupa Health Insurance Company Ltd.1.41%
    Century Plyboards (India) Ltd.1.13%
    Sterlite Technologies Ltd.0.89%

    Largest holdings only in Navi Nifty 500 Multicap 50:25:25 Index Fund

    Security% of fund
    HDFC BANK LIMITED4.20%
    ICICI BANK LIMITED3.66%
    RELIANCE INDUSTRIES LIMITED3.07%
    STATE BANK OF INDIA1.53%
    INFOSYS LIMITED1.36%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetAlphaGrep Flexi CapNavi Nifty 500 Multicap 50:25:25 Index
    Equity81.5%98.8%
    Debt1.8%0.0%
    Cash and others16.8%1.2%

    Market cap of stocks

    Market capAlphaGrep Flexi CapNavi Nifty 500 Multicap 50:25:25 Index
    Large Cap16.7%50.3%
    Mid Cap21.7%24.2%
    Small Cap41.8%24.0%
    Not on AMFI's list1.2%0.2%

    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

    SectorAlphaGrep Flexi CapNavi Nifty 500 Multicap 50:25:25 Index
    BANKS0.0%16.0%
    Auto Components7.6%0.0%
    FINANCE0.0%6.7%
    PHARMACEUTICALS & BIOTECHNOLOGY0.0%6.3%
    Pharmaceuticals & Biotechnology6.1%0.0%
    Electrical Equipment5.8%0.0%
    IT - SOFTWARE0.0%4.9%
    Consumer Durables4.8%0.0%
    Finance4.2%0.0%
    AUTOMOBILES0.0%4.1%
    PETROLEUM PRODUCTS0.0%3.9%
    Industrial Products3.5%0.0%

    The six largest sectors of each fund's stocks, % of the fund.

    AlphaGrep Flexi Cap vs Navi Nifty 500 Multicap 50:25:25 Index: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeAlphaGrep Flexi Cap FundNavi Nifty 500 Multicap 50:25:25 Index Fund
    Total expense ratio (Direct)2.80%0.49%
    Base expense ratio (Direct)0.50%0.35%
    Total expense ratio (Regular)4.66%1.14%
    Base expense ratio (Regular)2.08%0.90%

    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

    AlphaGrep Flexi Cap Fund vs Navi Nifty 500 Multicap 50:25:25 Index Fund: Frequently Asked Questions

    What is the difference between AlphaGrep Flexi Cap Fund and Navi Nifty 500 Multicap 50:25:25 Index Fund?

    AlphaGrep Flexi Cap Fund is a Flexi Cap fund, Navi Nifty 500 Multicap 50:25:25 Index Fund is an Index fund, run by AlphaGrep Mutual Fund and Navi Mutual Fund. Their portfolios overlap 24.3%. AlphaGrep Flexi Cap Fund charges 2.80% a year and Navi Nifty 500 Multicap 50:25:25 Index Fund 0.49%.

    Which has the lower expense ratio, AlphaGrep Flexi Cap Fund or Navi Nifty 500 Multicap 50:25:25 Index Fund?

    Navi Nifty 500 Multicap 50:25:25 Index Fund charges less: 0.49% a year against 2.80%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do AlphaGrep Flexi Cap Fund and Navi Nifty 500 Multicap 50:25:25 Index Fund overlap?

    24.3%. They hold 143 of the same securities, the largest shared ones being LT, M&M, SUNPHARMA. From each fund's latest monthly portfolio.

    Which is riskier, AlphaGrep Flexi Cap Fund or Navi Nifty 500 Multicap 50:25:25 Index Fund?

    On SEBI's riskometer, AlphaGrep Flexi Cap Fund is rated Very High and Navi Nifty 500 Multicap 50:25:25 Index Fund Very High. Over their common history, the standard deviation of daily returns was 11.03% and 14.70% a year.

    Can I invest in both AlphaGrep Flexi Cap Fund and Navi Nifty 500 Multicap 50:25:25 Index Fund?

    Yes. 24.3% 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 Navi Nifty 500 Multicap 50:25:25 Index Fund?

    AlphaGrep Flexi Cap Fund: Ravneet Singh. Navi Nifty 500 Multicap 50:25:25 Index Fund: Ashutosh Shirwaikar.

    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.

    Track both funds in WealthGamma

    Add your funds once. WealthGamma updates their value every day and shows them next to your stocks, gold, deposits and loans.

    PAN not required · No broker linking · No OTPs

    Start freeSee plans