Bandhan Flexi Cap Fund vs ICICI Prudential Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Flexi Cap Fund is a Flexi Cap fund and ICICI Prudential Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, Bandhan Flexi Cap Fund (Direct) returned 10.8% a year and ICICI Prudential Value Fund (Direct) returned 11.4% a year. Bandhan Flexi Cap Fund charges 1.52% a year and ICICI Prudential Value Fund 1.08% (Direct plans). Their portfolios overlap 59.9%: they hold 30 of the same securities.
Bandhan Flexi Cap Fund
Flexi Cap
- 3 year return
- 10.8%
- Expense ratio
- 1.52%
- NAV
- ₹222.44
ICICI Prudential Value Fund
Value and Contra
- 3 year return
- 11.4%
- Expense ratio
- 1.08%
- NAV
- ₹484.98
Which is better, Bandhan Flexi Cap or ICICI Prudential Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Value returned more over 5 years: 13.0% a year against 8.8%.
- ICICI Prudential Value returned more over 3 years: 11.4% a year against 10.8%.
- ICICI Prudential Value costs less: 1.08% a year against 1.52% (Direct plans).
- ICICI Prudential Value swung less over 3 years: a standard deviation of 11.2% a year against 12.8%.
- ICICI Prudential Value fell less in its worst fall since 02-01-2013: −36.7% against −36.9%.
- ICICI Prudential Value holds more in large companies: 82.9% of the fund in large caps against 72.0%.
- ICICI Prudential Value is the larger fund: ₹57,250 Cr against ₹7,508 Cr.
- Their portfolios overlap 59.9%: 30 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 | Bandhan Flexi Cap Fund | ICICI Prudential Value Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Flexi Cap | Value and Contra |
| AUM | ₹7,508 Cr (31-08-2026) | ₹57,250 Cr (30-09-2026) |
| NAV | ₹222.44 (Direct) | ₹484.98 (Direct) |
| Expense ratio (Direct) | 1.52% | 1.08% |
| Expense ratio (Regular) | 2.20% | 1.55% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty 500 TRI |
| Launch date | 28-09-2005 | 16-08-2004 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Manish Gunwani, Viraj Kulkarni | Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. | 1% of the applicable Net Asset Value - if the amount sought to be redeemed or switch out is invested for a period of up to 12 months from the date of allotment. NIL - if the amount sought to be redeemed or switch out is invested for a period more than 12 months from the date of allotment |
Bandhan Flexi Cap vs ICICI Prudential Value: 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | +0.60% | −4.90% | −0.95% | −5.58% | +10.81% | +8.79% | +10.55% |
| ICICI Prudential Value Fund (Direct) | +0.67% | −5.68% | −4.73% | −9.65% | +11.45% | +12.96% | +14.04% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 46 Flexi Cap funds and the 30 Value and Contra funds, same plan type.
Bandhan Flexi Cap vs ICICI Prudential Value: Year-wise Returns
| Year | Bandhan Flexi CapBandhan Flexi Cap | ICICI Prudential ValueICICI Prudential Value |
|---|---|---|
| 2026to date | −5.91% | −11.70% |
| 2025 | +10.03% | +14.36% |
| 2024 | +15.76% | +20.65% |
| 2023 | +25.35% | +32.08% |
| 2022 | −0.68% | +15.59% |
| 2021 | +33.15% | +39.27% |
Bandhan Flexi Cap vs ICICI Prudential Value: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Bandhan Flexi Cap Fund
Rolling returns
Every 3-year holding period, 2,675 of them, one for each trading day from 04-01-2016 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.
Bandhan Flexi Cap Fund (Direct)
ICICI Prudential Value Fund (Direct)
BSE 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Flexi Cap | 5.3 | 3.8 | 16.9 | 27.6 | 28.3 | 13.9 | 4.2 | 14.0% | 14.4% | −6.6% | 32.6% | 31% |
| ICICI Prudential Value | 2.1 | 7.6 | 13.2 | 15.9 | 10.4 | 22.1 | 28.7 | 18.3% | 20.2% | −8.7% | 41.7% | 66% |
| BSE 500 TRI | 1.8 | 4.2 | 7.9 | 36.8 | 34.3 | 11.6 | 3.3 | 14.8% | 14.9% | −6.2% | 33.9% | -- |
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 02-01-2013. Past returns do not promise future returns.
Bandhan Flexi Cap vs ICICI Prudential Value: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Flexi CapBandhan Flexi Cap Fund (Direct) | ₹16,60,000 | ₹40,07,847 | ₹23,47,847 | 11.9% |
| ICICI Prudential ValueICICI Prudential Value Fund (Direct) | ₹16,60,000 | ₹53,50,056 | ₹36,90,056 | 15.6% |
Bandhan Flexi CapBandhan Flexi Cap Fund (Direct)
ICICI Prudential ValueICICI Prudential Value 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.
Bandhan Flexi Cap vs ICICI Prudential Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Flexi Cap Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.58% | −9.65% |
| Standard deviation | 12.99% | 11.68% |
| Sharpe ratio | -0.83 | -1.27 |
| Sortino ratio | -1.13 | -1.69 |
| Maximum drawdown | −13.9% (31-03-2026) | −14.0% (08-10-2026) |
| Beta | 0.89 | 0.77 |
| Alpha | +0.60% | −5.19% |
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 | Bandhan Flexi Cap Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.81% | +11.45% |
| Standard deviation | 12.84% | 11.22% |
| Sharpe ratio | 0.37 | 0.48 |
| Sortino ratio | 0.51 | 0.68 |
| Maximum drawdown | −16.9% (07-04-2025) | −14.0% (08-10-2026) |
| Beta | 0.89 | 0.75 |
| Alpha | +1.36% | +2.27% |
From daily NAVs, 30-10-2023 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.
| Measure | Bandhan Flexi Cap Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.79% | +12.96% |
| Standard deviation | 13.28% | 11.48% |
| Sharpe ratio | 0.22 | 0.62 |
| Sortino ratio | 0.31 | 0.87 |
| Maximum drawdown | −20.6% (17-06-2022) | −14.0% (08-10-2026) |
| Beta | 0.90 | 0.76 |
| Alpha | +0.41% | +4.89% |
From daily NAVs, 29-10-2021 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 | Bandhan Flexi Cap Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.09% | +16.53% |
| Standard deviation | 14.55% | 14.01% |
| Sharpe ratio | 0.48 | 0.75 |
| Sortino ratio | 0.65 | 1.04 |
| Maximum drawdown | −36.9% (23-03-2020) | −36.7% (23-03-2020) |
| Beta | 0.87 | 0.82 |
| Alpha | +1.17% | +4.94% |
From daily NAVs, 02-01-2013 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.
Bandhan Flexi Cap Fund (Direct)
ICICI Prudential Value Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | −36.9% | 07-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −6.7% |
| ICICI Prudential Value Fund (Direct) | −36.7% | 07-09-2018 | 23-03-2020 | 05-11-2020 | 7 months | −12.1% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 02-01-2013, 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.
Bandhan Flexi Cap Fund (Direct)
ICICI Prudential Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Flexi Cap Fund (Direct)
ICICI Prudential Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Flexi Cap Fund (Direct)
ICICI Prudential Value Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | 94% | 85% | 5.60% |
| ICICI Prudential Value Fund (Direct) | 95% | 70% | 6.29% |
From month-end values since 02-01-2013. 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.
Bandhan Flexi Cap vs ICICI Prudential Value: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Flexi Cap Fund, August 2026; ICICI Prudential Value Fund, September 2026
Holdings in common
- Overlap
- 59.9%
- Held by both
- 30
- Only in Bandhan Flexi Cap
- 48
- Only in ICICI Prudential Value
- 34
| Security | % of Bandhan Flexi Cap | % of ICICI Prudential Value |
|---|---|---|
| HDFC Bank Limited | 8.50% | 9.45% |
| ICICI Bank Limited | 8.00% | 8.97% |
| Reliance Industries Limited | 5.27% | 5.13% |
| Infosys Limited | 3.47% | 4.15% |
| Axis Bank Limited | 3.90% | 2.93% |
| ITC Limited | 2.89% | 4.51% |
| Maruti Suzuki India Limited | 2.89% | 3.16% |
| Tata Consultancy Services Limited | 2.71% | 2.58% |
| Bharti Airtel Limited | 3.50% | 2.50% |
| Bajaj Finserv Limited | 2.42% | 1.80% |
| Kotak Mahindra Bank Limited | 3.85% | 1.72% |
| HDFC Life Insurance Company Limited | 1.70% | 1.98% |
| Larsen & Toubro Limited | 1.89% | 1.59% |
| Oil & Natural Gas Corporation Limited | 1.54% | 1.58% |
| Cipla Limited | 1.36% | 1.35% |
| SBI Life Insurance Company Limited | 1.28% | 2.31% |
| Hindustan Unilever Limited | 1.18% | 2.68% |
| Hyundai Motor India Ltd | 1.17% | 1.28% |
| Life Insurance Corporation Of India | 1.17% | 5.83% |
| ICICI Lombard General Insurance Company Limited | 1.15% | 1.14% |
| NTPC Limited | 1.09% | 2.09% |
| Sun Pharmaceutical Industries Limited | 1.06% | 4.37% |
| Coal India Limited | 1.28% | 0.77% |
| Hero MotoCorp Limited | 1.23% | 0.60% |
| JK Lakshmi Cement Limited | 0.64% | 0.54% |
| Dr. Reddy's Laboratories Limited | 0.46% | 2.06% |
| Vedanta Aluminium Metal Limited | 0.81% | 0.33% |
| Tata Chemicals Limited | 0.51% | 0.26% |
| Godrej Consumer Products Limited | 0.12% | 0.99% |
| Pfizer Limited | 0.23% | 0.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 59.9% means 59.9% 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 Bandhan Flexi Cap Fund
| Security | % of fund |
|---|---|
| Eternal Limited | 1.97% |
| Titan Company Limited | 1.43% |
| Cholamandalam Financial Holdings Limited | 1.42% |
| V-Mart Retail Limited | 1.34% |
| ICICI Prudential Life Insurance Company Limited | 1.21% |
Largest holdings only in ICICI Prudential Value Fund
| Security | % of fund |
|---|---|
| State Bank Of India | 2.02% |
| Apollo Tyres Ltd. | 1.48% |
| TML Commercial Vehicles Ltd. | 1.43% |
| Ultratech Cement Ltd. | 1.43% |
| Tata Steel Ltd. | 1.30% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Flexi Cap | ICICI Prudential Value |
|---|---|---|
| Equity | 94.7% | 96.7% |
| Debt | 0.7% | 1.0% |
| Cash and others | 4.6% | 2.4% |
Market cap of stocks
| Market cap | Bandhan Flexi Cap | ICICI Prudential Value |
|---|---|---|
| Large Cap | 72.0% | 82.9% |
| Mid Cap | 9.9% | 6.0% |
| Small Cap | 12.8% | 7.6% |
| Not on AMFI's list | 0.0% | 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
| Sector | Bandhan Flexi Cap | ICICI Prudential Value |
|---|---|---|
| Banks | 24.3% | 25.9% |
| Insurance | 6.5% | 12.0% |
| Pharmaceuticals & Biotechnology | 3.7% | 8.6% |
| It - Software | 0.0% | 7.3% |
| Diversified Fmcg | 0.0% | 7.2% |
| IT - Software | 6.7% | 0.0% |
| Automobiles | 5.5% | 6.3% |
| Petroleum Products | 5.3% | 5.3% |
| Finance | 5.3% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Flexi Cap vs ICICI Prudential Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Flexi Cap Fund | ICICI Prudential Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.52% | 1.08% |
| Base expense ratio (Direct) | 0.96% | 0.80% |
| Total expense ratio (Regular) | 2.20% | 1.55% |
| Base expense ratio (Regular) | 1.54% | 1.20% |
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 Bandhan Flexi Cap with
Bandhan Flexi Cap Fund vs ICICI Prudential Value Fund: Frequently Asked Questions
What is the difference between Bandhan Flexi Cap Fund and ICICI Prudential Value Fund?
Bandhan Flexi Cap Fund is a Flexi Cap fund, ICICI Prudential Value Fund is a Value and Contra fund, run by Bandhan Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 59.9%. Bandhan Flexi Cap Fund charges 1.52% a year and ICICI Prudential Value Fund 1.08%.
Which has given higher returns, Bandhan Flexi Cap Fund or ICICI Prudential Value Fund?
Over 1 year: Bandhan Flexi Cap Fund −5.58%, ICICI Prudential Value Fund −9.65%. Over 3 years: Bandhan Flexi Cap Fund +10.81% a year, ICICI Prudential Value Fund +11.45% a year. Over 5 years: Bandhan Flexi Cap Fund +8.79% a year, ICICI Prudential Value Fund +12.96% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Flexi Cap Fund or ICICI Prudential Value Fund?
ICICI Prudential Value Fund charges less: 1.08% a year against 1.52%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Flexi Cap Fund and ICICI Prudential Value Fund overlap?
59.9%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Flexi Cap Fund or ICICI Prudential Value Fund?
On SEBI's riskometer, Bandhan Flexi Cap Fund is rated Very High and ICICI Prudential Value Fund Very High. Over 3 years, the standard deviation of daily returns was 12.84% and 11.22% a year.
Which is better for SIP, Bandhan Flexi Cap Fund or ICICI Prudential Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,52,939 in Bandhan Flexi Cap Fund (XIRR 8.2% a year) and ₹7,82,940 in ICICI Prudential Value Fund (XIRR 9.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Flexi Cap Fund and ICICI Prudential Value Fund?
Yes. 59.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Flexi Cap Fund and ICICI Prudential Value Fund?
Bandhan Flexi Cap Fund: Manish Gunwani, Viraj Kulkarni. ICICI Prudential Value Fund: Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala.
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.