Bandhan Nifty Smallcap 250 Index Fund vs Bandhan Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty Smallcap 250 Index Fund is an Index fund and Bandhan Small Cap Fund is a Small Cap fund. In the year to 30-10-2026, Bandhan Nifty Smallcap 250 Index Fund (Direct) returned −3.7% and Bandhan Small Cap Fund (Direct) returned 1.0%. Bandhan Nifty Smallcap 250 Index Fund charges 0.38% a year and Bandhan Small Cap Fund 0.65% (Direct plans). Their portfolios overlap 17.6%: they hold 68 of the same securities.
Bandhan Nifty Smallcap 250 Index Fund
Index
- 1 year return
- −3.7%
- Expense ratio
- 0.38%
- NAV
- ₹12.15
Bandhan Small Cap Fund
Small Cap
- 1 year return
- 1.0%
- Expense ratio
- 0.65%
- NAV
- ₹53.23
Which is better, Bandhan Nifty Smallcap 250 Index or Bandhan 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.
- Bandhan Small Cap returned more over 1 year: 1.0% against −3.7%.
- Bandhan Nifty Smallcap 250 Index costs less: 0.38% a year against 0.65% (Direct plans).
- Bandhan Small Cap fell less in its worst fall since 26-12-2023: −22.8% against −26.1%.
- Bandhan Small Cap is the larger fund: ₹34,176 Cr against ₹99 Cr.
- Their portfolios overlap 17.6%: 68 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 Nifty Smallcap 250 Index Fund | Bandhan Small Cap Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Bandhan Mutual Fund |
| Category | Index | Small Cap |
| AUM | ₹99 Cr (31-08-2026) | ₹34,176 Cr (31-08-2026) |
| NAV | ₹12.15 (Direct) | ₹53.23 (Direct) |
| Expense ratio (Direct) | 0.38% | 0.65% |
| Expense ratio (Regular) | 1.08% | 1.73% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 TRI | BSE 250 Smallcap TRI |
| Launch date | 22-12-2023 | 25-02-2020 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Manish Gunwani, Kirthi Jain, Ritika Behera, Gaurav Satra |
| Exit load | Nil | 1% if redeemed/switched out within 1 year from the date of allotment |
Bandhan Nifty Smallcap 250 Index vs Bandhan 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index Fund (Direct) | −5.85% | −6.12% | +0.27% | −3.69% | -- | -- | -- |
| Bandhan Small Cap Fund (Direct) | −6.09% | −4.37% | +2.04% | +0.99% | +21.67% | +18.08% | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | -- |
Category average: the average of the 36 Small Cap funds, same plan type.
Bandhan Nifty Smallcap 250 Index vs Bandhan Small Cap: Year-wise Returns
| Year | Nifty Smallcap 250 IndexBandhan Nifty Smallcap 250 Index | Small CapBandhan Small Cap |
|---|---|---|
| 2026to date | +0.48% | +4.61% |
| 2025 | −6.11% | +0.12% |
| 2024 | +26.61% | +45.18% |
| 2023 | -- | +55.85% |
| 2022 | -- | −4.58% |
| 2021 | -- | +55.38% |
Bandhan Nifty Smallcap 250 Index vs Bandhan Small Cap: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 250 TRI, the benchmark of Bandhan Nifty Smallcap 250 Index Fund
Rolling returns
Every 1-year holding period, 461 of them, one for each trading day from 26-12-2024 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 Nifty Smallcap 250 Index Fund (Direct)
Bandhan Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
to
Feb 2025Jun 2024
to
Jun 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026May 2025
to
May 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index | 39.7 | 30.8 | 19.7 | 5.9 | 1.5 | 0.9 | 1.5 | 1.8% | 1.5% | −12.4% | 27.9% | 2% |
| Bandhan Small Cap | 11.1 | 13.7 | 23.2 | 25.4 | 13.4 | 7.8 | 5.4 | 11.0% | 10.4% | −5.2% | 46.5% | 100% |
| Nifty Smallcap 250 TRI | 36.7 | 30.4 | 20.6 | 8.0 | 2.0 | 0.9 | 1.5 | 2.4% | 2.0% | −11.9% | 28.5% | -- |
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 Nifty Smallcap 250 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 26-12-2023. Past returns do not promise future returns.
Bandhan Nifty Smallcap 250 Index vs Bandhan 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 26-12-2023 to 30-10-2026: 35 instalments, ₹3,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 IndexBandhan Nifty Smallcap 250 Index Fund (Direct) | ₹3,50,000 | ₹3,58,234 | ₹8,234 | 1.6% |
| Bandhan Small CapBandhan Small Cap Fund (Direct) | ₹3,50,000 | ₹3,98,315 | ₹48,315 | 8.9% |
Bandhan Nifty Smallcap 250 IndexBandhan Nifty Smallcap 250 Index Fund (Direct)
Bandhan Small CapBandhan 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.
Bandhan Nifty Smallcap 250 Index vs Bandhan Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty Smallcap 250 Index Fund (Direct) | Bandhan Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.69% | +0.99% |
| Standard deviation | 18.05% | 16.37% |
| Sharpe ratio | -0.50 | -0.26 |
| Sortino ratio | -0.67 | -0.36 |
| Maximum drawdown | −18.4% (23-03-2026) | −15.9% (30-03-2026) |
| Beta | 1.00 | 0.88 |
| Alpha | −0.54% | +4.94% |
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 Nifty Smallcap 250 Index Fund (Direct) | Bandhan Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +28.47% |
| Standard deviation | 19.20% | 17.05% |
| Sharpe ratio | 0.05 | 1.37 |
| Sortino ratio | 0.07 | 1.85 |
| Maximum drawdown | −26.1% (03-03-2025) | −24.3% (20-06-2022) |
| Beta | 1.00 | 0.81 |
| Alpha | −0.63% | +11.47% |
From daily NAVs, 26-12-2023 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.
Bandhan Nifty Smallcap 250 Index Fund (Direct)
Bandhan Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index Fund (Direct) | −26.1% | 23-09-2024 | 03-03-2025 | Not yet | -- | −10.1% |
| Bandhan Small Cap Fund (Direct) | −22.8% | 11-12-2024 | 03-03-2025 | 03-11-2025 | 8 months | −8.4% |
| Nifty Smallcap 250 TRI | −26.0% | 23-09-2024 | 03-03-2025 | 26-08-2026 | 18 months | −9.4% |
From daily values since 26-12-2023, 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 Nifty Smallcap 250 Index Fund (Direct)
Bandhan Small Cap Fund (Direct)
Nifty Smallcap 250 TRI
Against Nifty Smallcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index Fund (Direct) | 99% | 101% | 0.24% |
| Bandhan Small Cap Fund (Direct) | 108% | 79% | 4.96% |
From month-end values since 26-12-2023. 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 Nifty Smallcap 250 Index vs Bandhan Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty Smallcap 250 Index Fund, August 2026; Bandhan Small Cap Fund, August 2026
Holdings in common
- Overlap
- 17.6%
- Held by both
- 68
- Only in Bandhan Nifty Smallcap 250 Index
- 182
- Only in Bandhan Small Cap
- 187
| Security | % of Bandhan Nifty Smallcap 250 Index | % of Bandhan Small Cap |
|---|---|---|
| PNB Housing Finance Limited | 0.98% | 1.36% |
| Crompton Greaves Consumer Electricals Limited | 0.69% | 0.76% |
| Cholamandalam Financial Holdings Limited | 0.67% | 1.63% |
| Angel One Limited | 0.85% | 0.62% |
| Piramal Pharma Limited | 0.61% | 0.62% |
| The Great Eastern Shipping Company Limited | 0.59% | 0.77% |
| Kirloskar Oil Engines Limited | 0.79% | 0.42% |
| Cyient Limited | 0.42% | 1.66% |
| Aptus Value Housing Finance India Limited | 0.40% | 0.49% |
| Redington Limited | 0.96% | 0.39% |
| Manappuram Finance Limited | 0.85% | 0.39% |
| eClerx Services Limited | 0.37% | 1.09% |
| Neuland Laboratories Limited | 0.90% | 0.36% |
| Aditya Birla Sun Life AMC Limited | 0.35% | 0.35% |
| Cohance Lifesciences Limited | 0.34% | 0.41% |
| Deepak Fertilizers and Petrochemicals Corporation Limited | 0.43% | 0.32% |
| Aditya Birla Real Estate Limited | 0.32% | 0.92% |
| Jubilant Pharmova Limited | 0.32% | 1.14% |
| Nuvama Wealth Management Limited | 0.62% | 0.31% |
| Inox Wind Limited | 0.31% | 0.37% |
| Paradeep Phosphates Limited | 0.31% | 1.38% |
| Wockhardt Limited | 0.71% | 0.30% |
| LT Foods Limited | 0.28% | 2.10% |
| Amara Raja Energy & Mobility Ltd | 0.50% | 0.27% |
| Godawari Power And Ispat limited | 0.27% | 0.67% |
| HEG Limited | 0.27% | 0.35% |
| NCC Limited | 0.27% | 0.27% |
| Jubilant Ingrevia Limited | 0.26% | 0.64% |
| Sagility Limited | 0.49% | 0.25% |
| Can Fin Homes Limited | 0.30% | 0.25% |
| PCBL Chemical Limited | 0.25% | 0.61% |
| Sobha Limited | 0.25% | 2.40% |
| Acme Solar Holdings Ltd | 0.37% | 0.24% |
| Sapphire Foods India Limited | 0.25% | 0.24% |
| KFin Technologies Limited | 0.59% | 0.23% |
| Onesource Specialty Pharma Limited | 0.54% | 0.23% |
| Eris Lifesciences Limited | 0.32% | 0.22% |
| Krishna Institute Of Medical Sciences Limited | 0.89% | 0.20% |
| Star Health And Allied Insurance Company Limited | 0.60% | 0.20% |
| Usha Martin Limited | 0.41% | 0.17% |
| Aegis Vopak Terminals Limited | 0.18% | 0.17% |
| Computer Age Management Services Limited | 0.85% | 0.16% |
| Emami Limited | 0.33% | 0.16% |
| The Jammu & Kashmir Bank Limited | 0.30% | 0.16% |
| KEC International Limited | 0.25% | 0.16% |
| Aarti Industries Limited | 0.49% | 0.15% |
| Zee Entertainment Enterprises Limited | 0.39% | 0.15% |
| Birlasoft Limited | 0.22% | 0.15% |
| Jupiter Wagons Limited | 0.15% | 0.17% |
| JSW Cement Limited | 0.15% | 0.27% |
| Aditya Birla Fashion and Retail Limited | 0.14% | 0.15% |
| SignatureGlobal (India) Limited | 0.14% | 0.22% |
| Narayana Hrudayalaya Limited | 0.60% | 0.13% |
| Syrma SGS Technology Limited | 0.51% | 0.13% |
| The Ramco Cements Limited | 0.50% | 0.13% |
| Clean Science and Technology Limited | 0.18% | 0.13% |
| UTI Asset Management Company Limited | 0.17% | 0.13% |
| CESC Limited | 0.42% | 0.12% |
| Jindal Saw Limited | 0.33% | 0.12% |
| Emcure Pharmaceuticals Limited | 0.29% | 0.11% |
| Pine Labs Limited | 0.16% | 0.11% |
| RHI Magnesita India Limited | 0.10% | 0.41% |
| Finolex Cables Limited | 0.43% | 0.09% |
| Bombay Burmah Trading Corporation Limited | 0.12% | 0.09% |
| Five Star Business Finance Limited | 0.47% | 0.06% |
| Indiamart Intermesh Limited | 0.24% | 0.05% |
| Jyoti CNC Automation Ltd | 0.38% | 0.04% |
| Craftsman Automation Limited | 0.74% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.6% means 17.6% 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 Nifty Smallcap 250 Index Fund
| Security | % of fund |
|---|---|
| Sona BLW Precision Forgings Limited | 1.65% |
| Ather Energy Limited | 1.50% |
| Karur Vysya Bank Limited | 1.49% |
| Navin Fluorine International Limited | 1.45% |
| Welspun Corp Limited | 1.42% |
Largest holdings only in Bandhan Small Cap Fund
| Security | % of fund |
|---|---|
| REC Limited | 2.42% |
| State Bank of India | 1.88% |
| Arvind Limited | 1.56% |
| The South Indian Bank Limited | 1.48% |
| The Karnataka Bank Limited | 1.34% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Nifty Smallcap 250 Index | Bandhan Small Cap |
|---|---|---|
| Equity | 100.2% | 86.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.2% | 13.4% |
Market cap of stocks
| Market cap | Bandhan Nifty Smallcap 250 Index | Bandhan Small Cap |
|---|---|---|
| Large Cap | 0.0% | 6.1% |
| Mid Cap | 7.3% | 10.7% |
| Small Cap | 92.9% | 68.7% |
| Not on AMFI's list | 0.0% | 1.1% |
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 Nifty Smallcap 250 Index | Bandhan Small Cap |
|---|---|---|
| Finance | 9.6% | 9.8% |
| Banks | 5.3% | 8.7% |
| Pharmaceuticals & Biotechnology | 8.5% | 6.9% |
| Industrial Products | 7.8% | 3.8% |
| Auto Components | 6.9% | 0.9% |
| Realty | 1.7% | 6.3% |
| Consumer Durables | 3.1% | 5.9% |
| Capital Markets | 5.9% | 1.8% |
| Chemicals & Petrochemicals | 5.8% | 3.5% |
| Agricultural Food & other Products | 1.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty Smallcap 250 Index vs Bandhan Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty Smallcap 250 Index Fund | Bandhan Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.38% | 0.65% |
| Base expense ratio (Direct) | 0.17% | 0.40% |
| Total expense ratio (Regular) | 1.08% | 1.73% |
| Base expense ratio (Regular) | 0.77% | 1.32% |
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
Bandhan Nifty Smallcap 250 Index Fund vs Bandhan Small Cap Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty Smallcap 250 Index Fund and Bandhan Small Cap Fund?
Bandhan Nifty Smallcap 250 Index Fund is an Index fund, Bandhan Small Cap Fund is a Small Cap fund, run by Bandhan Mutual Fund. Their portfolios overlap 17.6%. Bandhan Nifty Smallcap 250 Index Fund charges 0.38% a year and Bandhan Small Cap Fund 0.65%.
Which has given higher returns, Bandhan Nifty Smallcap 250 Index Fund or Bandhan Small Cap Fund?
Over 1 year: Bandhan Nifty Smallcap 250 Index Fund −3.69%, Bandhan Small Cap Fund +0.99%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Nifty Smallcap 250 Index Fund or Bandhan Small Cap Fund?
Bandhan Nifty Smallcap 250 Index Fund charges less: 0.38% a year against 0.65%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty Smallcap 250 Index Fund and Bandhan Small Cap Fund overlap?
17.6%. They hold 68 of the same securities, the largest shared ones being PNBHOUSING, CROMPTON, CHOLAHLDNG. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty Smallcap 250 Index Fund or Bandhan Small Cap Fund?
On SEBI's riskometer, Bandhan Nifty Smallcap 250 Index Fund is rated Very High and Bandhan Small Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 18.05% and 16.37% a year.
Can I invest in both Bandhan Nifty Smallcap 250 Index Fund and Bandhan Small Cap Fund?
Yes. 17.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Nifty Smallcap 250 Index Fund and Bandhan Small Cap Fund?
Bandhan Nifty Smallcap 250 Index Fund: Abhishek Jain. Bandhan Small Cap Fund: Manish Gunwani, Kirthi Jain, Ritika Behera, Gaurav Satra.
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.