Bajaj Finserv Flexi Cap Fund vs Bajaj Finserv Small 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 Small Cap Fund is a Small Cap fund. In the year to 30-10-2026, Bajaj Finserv Flexi Cap Fund (Direct) returned −0.1% and Bajaj Finserv Small Cap Fund (Direct) returned 7.8%. Bajaj Finserv Flexi Cap Fund charges 1.00% a year and Bajaj Finserv Small Cap Fund 0.98% (Direct plans). Their portfolios overlap 24.1%: they hold 27 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 Small Cap Fund
Small Cap
- 1 year return
- 7.8%
- Expense ratio
- 0.98%
- NAV
- ₹10.67
Which is better, Bajaj Finserv Flexi Cap or Bajaj Finserv Small 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 Small Cap returned more over 1 year: 7.8% against −0.1%.
- Bajaj Finserv Small Cap costs less: 0.98% a year against 1.00% (Direct plans).
- Bajaj Finserv Flexi Cap fell less in its worst fall since 22-07-2025: −13.8% against −16.2%.
- Bajaj Finserv Flexi Cap holds more in large companies: 44.7% of the fund in large caps against 0.0%.
- Bajaj Finserv Flexi Cap is the larger fund: ₹8,527 Cr against ₹2,762 Cr.
- Their portfolios overlap 24.1%: 27 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 Small Cap Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Bajaj Finserv Mutual Fund |
| Category | Flexi Cap | Small Cap |
| AUM | ₹8,527 Cr (30-09-2026) | ₹2,762 Cr (30-09-2026) |
| NAV | ₹15.62 (Direct) | ₹10.67 (Direct) |
| Expense ratio (Direct) | 1.00% | 0.98% |
| Expense ratio (Regular) | 2.24% | 2.37% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 250 Smallcap TRI |
| Launch date | 14-08-2023 | 18-07-2025 |
| 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 Small 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 Small Cap Fund (Direct) | −5.33% | −1.45% | +6.02% | +7.76% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | -- | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 36 Small Cap funds, same plan type.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Small Cap: Year-wise Returns
| Year | FlexiBajaj Finserv Flexi Cap | SmallBajaj Finserv Small Cap |
|---|---|---|
| 2026to date | +1.07% | +10.57% |
| 2025 | +7.91% | -- |
| 2024 | +28.41% | -- |
Bajaj Finserv Flexi Cap vs Bajaj Finserv Small 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, 68 of them, one for each trading day from 22-07-2026 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 Small Cap Fund (Direct)
BSE 500 TRI
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 | 8.8 | 29.4 | 35.3 | 26.5 | 0.0 | 0.0 | 0.0 | 6.6% | 6.9% | −2.8% | 13.2% | 100% |
| Bajaj Finserv Small Cap | 0.0 | 0.0 | 14.7 | 20.6 | 50.0 | 14.7 | 0.0 | 16.0% | 16.8% | 6.7% | 23.0% | 100% |
| BSE 500 TRI | 50.0 | 42.6 | 7.4 | 0.0 | 0.0 | 0.0 | 0.0 | −0.3% | −0.1% | −9.2% | 6.5% | -- |
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 22-07-2025. Past returns do not promise future returns.
Bajaj Finserv Flexi Cap vs Bajaj Finserv Small 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 01-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bajaj Finserv Flexi CapBajaj Finserv Flexi Cap Fund (Direct) | ₹1,60,000 | ₹1,62,882 | ₹2,882 | 2.6% |
| Bajaj Finserv Small CapBajaj Finserv Small Cap Fund (Direct) | ₹1,60,000 | ₹1,71,763 | ₹11,763 | 10.6% |
Bajaj Finserv Flexi CapBajaj Finserv Flexi Cap Fund (Direct)
Bajaj Finserv Small CapBajaj Finserv Small 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 Small 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 Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.10% | +7.76% |
| Standard deviation | 14.44% | 17.29% |
| Sharpe ratio | -0.37 | 0.15 |
| Sortino ratio | -0.50 | 0.20 |
| Maximum drawdown | −13.8% (23-03-2026) | −16.2% (23-03-2026) |
| Beta | 0.97 | 0.92 |
| Alpha | +7.19% | +12.10% |
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 Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.86% | +5.26% |
| Standard deviation | 12.98% | 16.09% |
| Sharpe ratio | 0.68 | -0.00 |
| Sortino ratio | 0.92 | -0.00 |
| Maximum drawdown | −17.5% (03-03-2025) | −16.2% (23-03-2026) |
| Beta | 0.89 | 0.91 |
| Alpha | +6.05% | +10.08% |
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 Small 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) | −13.8% | 17-11-2025 | 23-03-2026 | 17-06-2026 | 3 months | −6.1% |
| Bajaj Finserv Small Cap Fund (Direct) | −16.2% | 03-11-2025 | 23-03-2026 | 27-04-2026 | 35 days | −7.8% |
| BSE 500 TRI | −14.8% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.7% |
From daily values since 22-07-2025, 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 Small Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bajaj Finserv Flexi Cap Fund (Direct) | 122% | 86% | 3.40% |
| Bajaj Finserv Small Cap Fund (Direct) | 150% | 88% | 12.32% |
From month-end values since 22-07-2025. 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 Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Flexi Cap Fund, September 2026; Bajaj Finserv Small Cap Fund, September 2026
Holdings in common
- Overlap
- 24.1%
- Held by both
- 27
- Only in Bajaj Finserv Flexi Cap
- 41
- Only in Bajaj Finserv Small Cap
- 60
| Security | % of Bajaj Finserv Flexi Cap | % of Bajaj Finserv Small Cap |
|---|---|---|
| Sona BLW Precision Forgings Limited | 3.09% | 2.34% |
| Rubicon Research Limited | 1.66% | 3.50% |
| The Federal Bank Limited | 1.96% | 1.65% |
| RBL Bank Limited | 1.64% | 2.05% |
| K.P.R. Mill Limited | 2.41% | 1.59% |
| Kalpataru Projects International Limited | 1.49% | 1.84% |
| Piramal Pharma Limited | 1.46% | 1.86% |
| Neuland Laboratories Limited | 1.40% | 1.87% |
| HEG Graphite Ltd | 1.33% | 1.21% |
| Rentomojo Limited | 0.96% | 1.48% |
| Hindustan Copper Limited | 0.85% | 0.98% |
| Acutaas Chemicals Limited | 1.15% | 0.80% |
| RHI Magnesita India Limited | 0.79% | 0.88% |
| Safari Industries (India) Limited | 0.75% | 2.04% |
| Amber Enterprises India Limited | 0.69% | 1.00% |
| Page Industries Limited | 2.00% | 0.66% |
| Senores Pharmaceuticals Limited | 0.66% | 1.10% |
| Urban Company Ltd. | 0.68% | 0.63% |
| Cartrade Tech Limited | 0.43% | 0.71% |
| KSB Limited | 0.43% | 0.76% |
| Sedemac Mechatronics Limited | 1.06% | 0.42% |
| AIA Engineering Limited | 1.72% | 0.39% |
| Onesource Specialty Pharma Limited | 0.37% | 0.77% |
| Ather Energy Limited | 1.85% | 0.31% |
| Nazara Technologies Limited | 0.52% | 0.31% |
| Sumitomo Chemical India Limited | 0.13% | 0.34% |
| Aditya Birla Real Estate Limited | 0.11% | 0.93% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.1% means 24.1% 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 |
|---|---|
| HDFC Bank Limited | 5.86% |
| ICICI Bank Limited | 5.49% |
| Reliance Industries Limited | 3.94% |
| Divi's Laboratories Limited | 3.61% |
| Axis Bank Limited | 2.53% |
Largest holdings only in Bajaj Finserv Small Cap Fund
| Security | % of fund |
|---|---|
| Welspun Corp Limited | 4.04% |
| CRISIL Limited | 2.92% |
| Zydus Wellness Limited | 2.79% |
| Schaeffler India Limited | 2.73% |
| Timken India Limited | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Flexi Cap | Bajaj Finserv Small Cap |
|---|---|---|
| Equity | 94.5% | 94.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.5% | 5.1% |
Market cap of stocks
| Market cap | Bajaj Finserv Flexi Cap | Bajaj Finserv Small Cap |
|---|---|---|
| Large Cap | 44.7% | 0.0% |
| Mid Cap | 21.2% | 10.0% |
| Small Cap | 26.3% | 79.4% |
| Not on AMFI's list | 2.3% | 5.5% |
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 Small Cap |
|---|---|---|
| Banks | 19.7% | 5.6% |
| Industrial Products | 5.1% | 12.6% |
| Pharmaceuticals & Biotechnology | 11.8% | 10.6% |
| Auto Components | 7.5% | 8.1% |
| Consumer Durables | 8.0% | 6.0% |
| Electrical Equipment | 1.9% | 5.1% |
| 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 Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Flexi Cap Fund | Bajaj Finserv Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 0.98% |
| Base expense ratio (Direct) | 0.47% | 0.52% |
| Total expense ratio (Regular) | 2.24% | 2.37% |
| Base expense ratio (Regular) | 1.52% | 1.70% |
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
Bajaj Finserv Flexi Cap Fund vs Bajaj Finserv Small Cap Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Small Cap Fund?
Bajaj Finserv Flexi Cap Fund is a Flexi Cap fund, Bajaj Finserv Small Cap Fund is a Small Cap fund, run by Bajaj Finserv Mutual Fund. Their portfolios overlap 24.1%. Bajaj Finserv Flexi Cap Fund charges 1.00% a year and Bajaj Finserv Small Cap Fund 0.98%.
Which has given higher returns, Bajaj Finserv Flexi Cap Fund or Bajaj Finserv Small Cap Fund?
Over 1 year: Bajaj Finserv Flexi Cap Fund −0.10%, Bajaj Finserv Small Cap Fund +7.76%. 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 Small Cap Fund?
Bajaj Finserv Small Cap Fund charges less: 0.98% a year against 1.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Small Cap Fund overlap?
24.1%. They hold 27 of the same securities, the largest shared ones being SONACOMS, RUBICON, FEDERALBNK. From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Flexi Cap Fund or Bajaj Finserv Small Cap Fund?
On SEBI's riskometer, Bajaj Finserv Flexi Cap Fund is rated Very High and Bajaj Finserv Small Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 14.44% and 17.29% a year.
Can I invest in both Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Small Cap Fund?
Yes. 24.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bajaj Finserv Flexi Cap Fund and Bajaj Finserv Small Cap Fund?
Bajaj Finserv Flexi Cap Fund: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary. Bajaj Finserv Small 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.