Bandhan Flexi Cap Fund vs Tata Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Flexi Cap Fund and Tata Flexi Cap Fund are both Flexi Cap funds. In the 3 years to 30-10-2026, Bandhan Flexi Cap Fund (Direct) returned 10.8% a year and Tata Flexi Cap Fund (Direct) returned 9.1% a year. Bandhan Flexi Cap Fund charges 1.52% a year and Tata Flexi Cap Fund 0.89% (Direct plans). Their portfolios overlap 44.9%: they hold 25 of the same securities.
Bandhan Flexi Cap Fund
Flexi Cap
- 3 year return
- 10.8%
- Expense ratio
- 1.52%
- NAV
- ₹222.44
Which is better, Bandhan Flexi Cap or Tata 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.
- Bandhan Flexi Cap returned more over 5 years: 8.8% a year against 7.9%.
- Bandhan Flexi Cap returned more over 3 years: 10.8% a year against 9.1%.
- Tata Flexi Cap costs less: 0.89% a year against 1.52% (Direct plans).
- Tata Flexi Cap swung less over 3 years: a standard deviation of 12.7% a year against 12.8%.
- Tata Flexi Cap fell less in its worst fall since 10-09-2018: −33.5% against −36.9%.
- Bandhan Flexi Cap holds more in large companies: 72.0% of the fund in large caps against 58.8%.
- Bandhan Flexi Cap is the larger fund: ₹7,508 Cr against ₹3,454 Cr.
- Their portfolios overlap 44.9%: 25 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 | Tata Flexi Cap Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Tata Mutual Fund |
| Category | Flexi Cap | Flexi Cap |
| AUM | ₹7,508 Cr (31-08-2026) | ₹3,454 Cr (30-09-2026) |
| NAV | ₹222.44 (Direct) | ₹25.03 (Direct) |
| Expense ratio (Direct) | 1.52% | 0.89% |
| Expense ratio (Regular) | 2.20% | 2.13% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty 500 TRI |
| Launch date | 28-09-2005 | 06-09-2018 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Manish Gunwani, Viraj Kulkarni | Anand Sharma, Aditya Bagul |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. | Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL. |
Bandhan Flexi Cap vs Tata 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | +0.60% | −4.90% | −0.95% | −5.58% | +10.81% | +8.79% | +10.55% |
| Tata Flexi Cap Fund (Direct) | −1.02% | −6.54% | −4.90% | −10.21% | +9.08% | +7.88% | -- |
| 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.
Bandhan Flexi Cap vs Tata Flexi Cap: Year-wise Returns
| Year | BandhanBandhan Flexi Cap | TataTata Flexi Cap |
|---|---|---|
| 2026to date | −5.91% | −10.28% |
| 2025 | +10.03% | +12.01% |
| 2024 | +15.76% | +14.03% |
| 2023 | +25.35% | +29.48% |
| 2022 | −0.68% | −2.15% |
| 2021 | +33.15% | +28.33% |
Bandhan Flexi Cap vs Tata Flexi Cap: 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, 1,273 of them, one for each trading day from 13-09-2021 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)
Tata Flexi Cap Fund (Direct)
BSE 500 TRI
to
Feb 2022Dec 2019
to
Dec 2022Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Flexi Cap | 0.0 | 0.0 | 2.9 | 33.5 | 50.3 | 13.0 | 0.4 | 16.2% | 16.2% | 8.5% | 27.2% | 23% |
| Tata Flexi Cap | 0.0 | 0.0 | 2.5 | 29.3 | 54.0 | 14.1 | 0.2 | 16.6% | 16.9% | 7.9% | 26.7% | 30% |
| BSE 500 TRI | 0.0 | 0.0 | 1.9 | 19.2 | 50.4 | 21.6 | 6.9 | 18.1% | 18.0% | 8.4% | 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 10-09-2018. Past returns do not promise future returns.
Bandhan Flexi Cap vs Tata Flexi 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 03-09-2018 to 30-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Flexi CapBandhan Flexi Cap Fund (Direct) | ₹9,80,000 | ₹15,84,449 | ₹6,04,449 | 11.5% |
| Tata Flexi CapTata Flexi Cap Fund (Direct) | ₹9,80,000 | ₹15,47,399 | ₹5,67,399 | 10.9% |
Bandhan Flexi CapBandhan Flexi Cap Fund (Direct)
Tata Flexi CapTata Flexi 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.
Bandhan Flexi Cap vs Tata Flexi Cap: 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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.58% | −10.21% |
| Standard deviation | 12.99% | 13.19% |
| Sharpe ratio | -0.83 | -1.17 |
| Sortino ratio | -1.13 | -1.54 |
| Maximum drawdown | −13.9% (31-03-2026) | −14.1% (31-03-2026) |
| Beta | 0.89 | 0.90 |
| Alpha | +0.60% | −4.10% |
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 | Bandhan Flexi Cap Fund (Direct) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.81% | +9.08% |
| Standard deviation | 12.84% | 12.68% |
| Sharpe ratio | 0.37 | 0.24 |
| Sortino ratio | 0.51 | 0.33 |
| Maximum drawdown | −16.9% (07-04-2025) | −14.6% (03-03-2025) |
| Beta | 0.89 | 0.86 |
| Alpha | +1.36% | −0.56% |
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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.79% | +7.88% |
| Standard deviation | 13.28% | 13.04% |
| Sharpe ratio | 0.22 | 0.16 |
| Sortino ratio | 0.31 | 0.21 |
| Maximum drawdown | −20.6% (17-06-2022) | −17.7% (20-06-2022) |
| Beta | 0.90 | 0.88 |
| Alpha | +0.41% | −0.58% |
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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.09% | +11.95% |
| Standard deviation | 14.55% | 15.24% |
| Sharpe ratio | 0.48 | 0.44 |
| Sortino ratio | 0.65 | 0.59 |
| Maximum drawdown | −36.9% (23-03-2020) | −33.5% (23-03-2020) |
| Beta | 0.87 | 0.87 |
| Alpha | +1.17% | +1.17% |
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)
Tata Flexi 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 |
|---|---|---|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | −36.9% | 07-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −6.7% |
| Tata Flexi Cap Fund (Direct) | −33.5% | 13-02-2020 | 23-03-2020 | 08-10-2020 | 7 months | −11.0% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 10-09-2018, 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)
Tata Flexi Cap 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)
Tata Flexi Cap 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)
Tata Flexi Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Flexi Cap Fund (Direct) | 89% | 87% | 4.80% |
| Tata Flexi Cap Fund (Direct) | 85% | 78% | 4.94% |
From month-end values since 10-09-2018. 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 Tata Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Flexi Cap Fund, August 2026; Tata Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 44.9%
- Held by both
- 25
- Only in Bandhan Flexi Cap
- 53
- Only in Tata Flexi Cap
- 44
| Security | % of Bandhan Flexi Cap | % of Tata Flexi Cap |
|---|---|---|
| HDFC Bank Limited | 8.50% | 6.28% |
| ICICI Bank Limited | 8.00% | 6.13% |
| Reliance Industries Limited | 5.27% | 4.23% |
| Axis Bank Limited | 3.90% | 3.87% |
| Bharti Airtel Limited | 3.50% | 3.79% |
| Maruti Suzuki India Limited | 2.89% | 2.28% |
| Larsen & Toubro Limited | 1.89% | 2.62% |
| Kotak Mahindra Bank Limited | 3.85% | 1.83% |
| ITC Limited | 2.89% | 1.67% |
| HDFC Life Insurance Company Limited | 1.70% | 1.62% |
| Tata Consultancy Services Limited | 2.71% | 1.41% |
| Infosys Limited | 3.47% | 1.38% |
| SBI Life Insurance Company Limited | 1.28% | 2.04% |
| Life Insurance Corporation Of India | 1.17% | 1.51% |
| NTPC Limited | 1.09% | 2.46% |
| Sun Pharmaceutical Industries Limited | 1.06% | 1.31% |
| Jindal Steel Limited | 0.79% | 0.90% |
| Hero MotoCorp Limited | 1.23% | 0.76% |
| Bajaj Finserv Limited | 2.42% | 0.70% |
| Syngene International Limited | 0.67% | 1.43% |
| Bayer Cropscience Limited | 0.67% | 0.41% |
| Swiggy Limited | 0.36% | 0.78% |
| Greenpanel Industries Limited | 0.33% | 0.60% |
| Godrej Consumer Products Limited | 0.12% | 1.45% |
| Abbott India Limited | 0.03% | 1.63% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.9% means 44.9% 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% |
| Oil & Natural Gas Corporation Limited | 1.54% |
| Titan Company Limited | 1.43% |
| Cholamandalam Financial Holdings Limited | 1.42% |
| Cipla Limited | 1.36% |
Largest holdings only in Tata Flexi Cap Fund
| Security | % of fund |
|---|---|
| PIDILITE INDUSTRIES LTD | 1.66% |
| INDUSIND BANK LTD | 1.66% |
| GRAPHITE INDIA LTD | 1.53% |
| STATE BANK OF INDIA | 1.53% |
| ORIENT ELECTRIC LTD | 1.50% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Flexi Cap | Tata Flexi Cap |
|---|---|---|
| Equity | 94.7% | 94.8% |
| Debt | 0.7% | 0.0% |
| Cash and others | 4.6% | 5.2% |
Market cap of stocks
| Market cap | Bandhan Flexi Cap | Tata Flexi Cap |
|---|---|---|
| Large Cap | 72.0% | 58.8% |
| Mid Cap | 9.9% | 15.5% |
| Small Cap | 12.8% | 18.2% |
| Not on AMFI's list | 0.0% | 2.3% |
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 | Bandhan Flexi Cap | Tata Flexi Cap |
|---|---|---|
| Banks | 24.3% | 21.3% |
| IT - Software | 6.7% | 4.1% |
| Insurance | 6.5% | 6.0% |
| Automobiles | 5.5% | 3.0% |
| Finance | 5.3% | 3.7% |
| Petroleum Products | 5.3% | 5.2% |
| Consumer Durables | 3.3% | 5.2% |
| Telecom - Services | 3.5% | 5.2% |
| Pharmaceuticals & Biotechnology | 3.7% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Flexi Cap vs Tata Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Flexi Cap Fund | Tata Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.52% | 0.89% |
| Base expense ratio (Direct) | 0.96% | 0.59% |
| Total expense ratio (Regular) | 2.20% | 2.13% |
| Base expense ratio (Regular) | 1.54% | 1.65% |
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 Tata Flexi Cap Fund: Frequently Asked Questions
What is the difference between Bandhan Flexi Cap Fund and Tata Flexi Cap Fund?
Both are Flexi Cap funds, run by Bandhan Mutual Fund and Tata Mutual Fund. Their portfolios overlap 44.9%. Bandhan Flexi Cap Fund charges 1.52% a year and Tata Flexi Cap Fund 0.89%.
Which has given higher returns, Bandhan Flexi Cap Fund or Tata Flexi Cap Fund?
Over 1 year: Bandhan Flexi Cap Fund −5.58%, Tata Flexi Cap Fund −10.21%. Over 3 years: Bandhan Flexi Cap Fund +10.81% a year, Tata Flexi Cap Fund +9.08% a year. Over 5 years: Bandhan Flexi Cap Fund +8.79% a year, Tata Flexi Cap Fund +7.88% 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 Tata Flexi Cap Fund?
Tata Flexi Cap Fund charges less: 0.89% a year against 1.52%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Flexi Cap Fund and Tata Flexi Cap Fund overlap?
44.9%. They hold 25 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 Tata Flexi Cap Fund?
On SEBI's riskometer, Bandhan Flexi Cap Fund is rated Very High and Tata Flexi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 12.84% and 12.68% a year.
Which is better for SIP, Bandhan Flexi Cap Fund or Tata Flexi Cap 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 ₹7,28,353 in Tata Flexi Cap Fund (XIRR 6.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Flexi Cap Fund and Tata Flexi Cap Fund?
Yes. 44.9% 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 Tata Flexi Cap Fund?
Bandhan Flexi Cap Fund: Manish Gunwani, Viraj Kulkarni. Tata Flexi Cap Fund: Anand Sharma, Aditya Bagul.
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.