Bajaj Finserv Flexi Cap Fund vs Bajaj Finserv Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Flexi Cap Fund is a Flexi Cap fund and Bajaj Finserv Large & Mid Cap Fund is a Large & Mid Cap fund. In the year to 30-10-2026, Bajaj Finserv Flexi Cap Fund (Direct) returned −0.1% and Bajaj Finserv Large & Mid Cap Fund (Direct) returned −5.2%. Bajaj Finserv Flexi Cap Fund charges 1.00% a year and Bajaj Finserv Large & Mid Cap Fund 1.16% (Direct plans). Their portfolios overlap 49.1%: they hold 28 of the same securities.
Bajaj Finserv Flexi Cap Fund
Flexi Cap
- 1 year return
- −0.1%
- Expense ratio
- 1.00%
- NAV
- ₹15.62
Bajaj Finserv Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- −5.2%
- Expense ratio
- 1.16%
- NAV
- ₹12.05
Which is better, Bajaj Finserv Flexi Cap or Bajaj Finserv Large & Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Flexi Cap returned more over 1 year: −0.1% against −5.2%.
- Bajaj Finserv Flexi Cap costs less: 1.00% a year against 1.16% (Direct plans).
- Bajaj Finserv Large & Mid Cap fell less in its worst fall since 29-02-2024: −16.2% against −17.5%.
- Bajaj Finserv Flexi Cap is the larger fund: ₹8,527 Cr against ₹2,324 Cr.
- Their portfolios overlap 49.1%: 28 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 | Bajaj Finserv Flexi Cap Fund | Bajaj Finserv Large & Mid Cap Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Bajaj Finserv Mutual Fund |
| Category | Flexi Cap | Large & Mid Cap |
| AUM | ₹8,527 Cr (30-09-2026) | ₹2,324 Cr (30-09-2026) |
| NAV | ₹15.62 (Direct) | ₹12.05 (Direct) |
| Expense ratio (Direct) | 1.00% | 1.16% |
| Expense ratio (Regular) | 2.24% | 2.60% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 14-08-2023 | 27-02-2024 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary | Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary |
| Exit load | For each purchase of units through Lumpsum / switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: ? if units are redeemed / switched out within 6 months from the date of allotment: • if upto 10% of units allotted are redeemed/switched out – Nil • any redemption / switch-out of units in excess of 10% of units allotted - 1% of applicable NAV. ? if units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 6 months. |
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid 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 |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Flexi Cap Fund (Direct) | −0.69% | −3.50% | +2.55% | −0.10% | +15.78% | -- | -- |
| Bajaj Finserv Large & Mid Cap Fund (Direct) | −1.79% | −5.76% | −1.34% | −5.21% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 36 Large & Mid Cap funds, same plan type.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: Year-wise Returns
| Year | FlexiBajaj Finserv Flexi Cap | Large & MidBajaj Finserv Large & Mid Cap |
|---|---|---|
| 2026to date | +1.07% | −6.72% |
| 2025 | +7.91% | +6.76% |
| 2024 | +28.41% | -- |
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Bajaj Finserv Flexi Cap Fund
Rolling returns
Every 1-year holding period, 409 of them, one for each trading day from 03-03-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bajaj Finserv Flexi Cap Fund (Direct)
Bajaj Finserv Large & Mid Cap Fund (Direct)
BSE 500 TRI
to
Apr 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finserv Flexi Cap | 2.7 | 22.0 | 41.6 | 28.4 | 5.1 | 0.2 | 0.0 | 8.2% | 7.9% | −2.8% | 20.1% | 100% |
| Bajaj Finserv Large & Mid Cap | 18.6 | 28.6 | 35.2 | 16.6 | 1.0 | 0.0 | 0.0 | 5.0% | 5.4% | −6.9% | 15.9% | 85% |
| BSE 500 TRI | 29.8 | 32.3 | 30.8 | 6.1 | 1.0 | 0.0 | 0.0 | 3.2% | 2.9% | −9.2% | 15.7% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 29-02-2024. Past returns do not promise future returns.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bajaj Finserv Flexi CapBajaj Finserv Flexi Cap Fund (Direct) | ₹3,30,000 | ₹3,60,295 | ₹30,295 | 6.3% |
| Bajaj Finserv Large & Mid CapBajaj Finserv Large & Mid Cap Fund (Direct) | ₹3,30,000 | ₹3,34,317 | ₹4,317 | 0.9% |
Bajaj Finserv Flexi CapBajaj Finserv Flexi Cap Fund (Direct)
Bajaj Finserv Large & Mid CapBajaj Finserv Large & Mid Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Flexi Cap Fund (Direct) | Bajaj Finserv Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.10% | −5.21% |
| Standard deviation | 14.44% | 14.51% |
| Sharpe ratio | -0.37 | -0.72 |
| Sortino ratio | -0.50 | -0.95 |
| Maximum drawdown | −13.8% (23-03-2026) | −14.3% (23-03-2026) |
| Beta | 0.97 | 0.95 |
| Alpha | +7.19% | +0.62% |
From daily NAVs, 30-10-2025 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.
| Measure | Bajaj Finserv Flexi Cap Fund (Direct) | Bajaj Finserv Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.86% | +7.15% |
| Standard deviation | 12.98% | 13.24% |
| Sharpe ratio | 0.68 | 0.09 |
| Sortino ratio | 0.92 | 0.13 |
| Maximum drawdown | −17.5% (03-03-2025) | −16.2% (28-02-2025) |
| Beta | 0.89 | 0.84 |
| Alpha | +6.05% | +1.69% |
From daily NAVs, 16-08-2023 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.
Bajaj Finserv Flexi Cap Fund (Direct)
Bajaj Finserv Large & Mid Cap Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Flexi Cap Fund (Direct) | −17.5% | 27-09-2024 | 03-03-2025 | 30-06-2025 | 4 months | −6.1% |
| Bajaj Finserv Large & Mid Cap Fund (Direct) | −16.2% | 27-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.0% |
| BSE 500 TRI | −18.7% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.4% |
From daily values since 29-02-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bajaj Finserv Flexi Cap Fund (Direct)
Bajaj Finserv Large & Mid Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bajaj Finserv Flexi Cap Fund (Direct) | 123% | 89% | 4.03% |
| Bajaj Finserv Large & Mid Cap Fund (Direct) | 109% | 94% | 2.78% |
From month-end values since 29-02-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Flexi Cap Fund, September 2026; Bajaj Finserv Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 49.1%
- Held by both
- 28
- Only in Bajaj Finserv Flexi Cap
- 40
- Only in Bajaj Finserv Large & Mid Cap
- 38
| Security | % of Bajaj Finserv Flexi Cap | % of Bajaj Finserv Large & Mid Cap |
|---|---|---|
| HDFC Bank Limited | 5.86% | 6.25% |
| ICICI Bank Limited | 5.49% | 5.37% |
| Divi's Laboratories Limited | 3.61% | 4.07% |
| Reliance Industries Limited | 3.94% | 3.17% |
| Sona BLW Precision Forgings Limited | 3.09% | 3.28% |
| K.P.R. Mill Limited | 2.41% | 2.51% |
| State Bank of India | 2.21% | 2.66% |
| Page Industries Limited | 2.00% | 2.10% |
| The Federal Bank Limited | 1.96% | 2.32% |
| Vedanta Aluminium Metal Limited | 1.82% | 2.42% |
| Petronet LNG Limited | 1.66% | 2.05% |
| RBL Bank Limited | 1.64% | 2.26% |
| UNO Minda Limited | 1.53% | 2.38% |
| Thermax Limited | 1.49% | 1.73% |
| Piramal Pharma Limited | 1.46% | 1.51% |
| Titan Company Limited | 2.26% | 1.44% |
| Exide Industries Limited | 1.77% | 1.36% |
| Multi Commodity Exchange of India Limited | 2.03% | 1.24% |
| GlaxoSmithKline Pharmaceuticals Limited | 1.09% | 1.06% |
| Eternal Limited | 1.45% | 0.94% |
| JSW Steel Limited | 0.74% | 1.50% |
| Neuland Laboratories Limited | 1.40% | 0.73% |
| Muthoot Finance Limited | 0.53% | 1.56% |
| Infosys Limited | 1.31% | 0.49% |
| JSW Cement Limited | 0.45% | 0.66% |
| Onesource Specialty Pharma Limited | 0.37% | 0.45% |
| Sun Pharmaceutical Industries Limited | 0.44% | 0.30% |
| Sumitomo Chemical India Limited | 0.13% | 0.49% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.1% means 49.1% 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 Bajaj Finserv Flexi Cap Fund
| Security | % of fund |
|---|---|
| Axis Bank Limited | 2.53% |
| UltraTech Cement Limited | 2.50% |
| Bajaj Finance Limited | 2.42% |
| Kajaria Ceramics Limited | 2.21% |
| Tech Mahindra Limited | 2.15% |
Largest holdings only in Bajaj Finserv Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| ITC Limited | 2.68% |
| Tata Steel Limited | 2.59% |
| Schaeffler India Limited | 2.41% |
| Coforge Limited | 2.23% |
| Linde India Limited | 1.71% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Flexi Cap | Bajaj Finserv Large & Mid Cap |
|---|---|---|
| Equity | 94.5% | 97.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.5% | 2.1% |
Market cap of stocks
| Market cap | Bajaj Finserv Flexi Cap | Bajaj Finserv Large & Mid Cap |
|---|---|---|
| Large Cap | 44.7% | 39.4% |
| Mid Cap | 21.2% | 37.0% |
| Small Cap | 26.3% | 20.2% |
| Not on AMFI's list | 2.3% | 1.3% |
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 | Bajaj Finserv Flexi Cap | Bajaj Finserv Large & Mid Cap |
|---|---|---|
| Banks | 19.7% | 18.9% |
| Pharmaceuticals & Biotechnology | 11.8% | 10.3% |
| Auto Components | 7.5% | 10.6% |
| Consumer Durables | 8.0% | 5.6% |
| Finance | 3.0% | 6.9% |
| Industrial Products | 5.1% | 2.9% |
| Capital Markets | 2.0% | 4.7% |
| Textiles & Apparels | 4.5% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Flexi Cap Fund | Bajaj Finserv Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 1.16% |
| Base expense ratio (Direct) | 0.47% | 0.52% |
| Total expense ratio (Regular) | 2.24% | 2.60% |
| Base expense ratio (Regular) | 1.52% | 1.74% |
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 Bajaj Finserv Flexi Cap with
Compare Bajaj Finserv Large & Mid Cap with
Bajaj Finserv Flexi Cap Fund vs Bajaj Finserv Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Large & Mid Cap Fund?
Bajaj Finserv Flexi Cap Fund is a Flexi Cap fund, Bajaj Finserv Large & Mid Cap Fund is a Large & Mid Cap fund, run by Bajaj Finserv Mutual Fund. Their portfolios overlap 49.1%. Bajaj Finserv Flexi Cap Fund charges 1.00% a year and Bajaj Finserv Large & Mid Cap Fund 1.16%.
Which has given higher returns, Bajaj Finserv Flexi Cap Fund or Bajaj Finserv Large & Mid Cap Fund?
Over 1 year: Bajaj Finserv Flexi Cap Fund −0.10%, Bajaj Finserv Large & Mid Cap Fund −5.21%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bajaj Finserv Flexi Cap Fund or Bajaj Finserv Large & Mid Cap Fund?
Bajaj Finserv Flexi Cap Fund charges less: 1.00% a year against 1.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Large & Mid Cap Fund overlap?
49.1%. They hold 28 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, DIVISLAB. From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Flexi Cap Fund or Bajaj Finserv Large & Mid Cap Fund?
On SEBI's riskometer, Bajaj Finserv Flexi Cap Fund is rated Very High and Bajaj Finserv Large & Mid Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 14.44% and 14.51% a year.
Can I invest in both Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Large & Mid Cap Fund?
Yes. 49.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Large & Mid Cap Fund?
Bajaj Finserv Flexi Cap Fund: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary. Bajaj Finserv Large & Mid Cap Fund: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary.
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.