COMPARE
Bajaj Finserv Small Cap Fund - Direct - Growth vs Bandhan Small Cap Fund - Direct Plan Growth
Bajaj Finserv Small Cap Fund and Bandhan Small Cap Fund are both in the Small Cap Fund category, from Bajaj Finserv Asset Management Limited and Bandhan AMC Limited respectively. Bandhan Small Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Small Cap Fund has the lower direct-plan expense ratio, by 0.35 percentage points.
| Bajaj Finserv Small Cap Fund - Direct - Growth | Bandhan Small Cap Fund - Direct Plan Growth | |
|---|---|---|
| Category | Small Cap Fund | Small Cap Fund |
| AMC | Bajaj Finserv Asset Management Limited | Bandhan AMC Limited |
| Benchmark | BSE 250 SmallCap Index TRI | BSE 250 SmallCap Index TRI |
| NAV | ₹10.806 (2026-10-28) | ₹54.012 (2026-10-28) |
| AUM | ₹2,690.52 Cr | ₹35,709.758 Cr |
| Expense Ratio (Direct) | 0.96% | 0.61% |
| Inception | 2025-06-27 | 2020-02-03 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
| Bajaj Finserv Small Cap Fund - Direct - Growth | Bandhan Small Cap Fund - Direct Plan Growth | |
|---|---|---|
| 3Y Sharpe Ratio | N/A | 0.71 |
| 3Y Alpha | N/A | 10.6714% |
| 3Y Std Deviation | N/A | 18.6081% |
| 3Y Calmar Ratio | N/A | 0.89 |
Portfolio Analytics
Bajaj Finserv Small Cap Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Bajaj Finserv Small Cap Fund - Direct - Growth | Bandhan Small Cap Fund - Direct Plan Growth | |
|---|---|---|
| P/E Ratio | 26.8015 | 16.4506 |
| P/B Ratio | 9.6376 | - |
| Dividend Yield | 0.5907% | 0.971% |
| Active Share | 81.97% | 81.1% |
| Portfolio Turnover | 84% | 138% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Bajaj Finserv Small Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Bajaj Finserv Small Cap Fund or Bandhan Small Cap Fund?
Bandhan Small Cap Fund's direct-plan expense ratio is 0.35 percentage points lower than Bajaj Finserv Small Cap Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Bajaj Finserv Small Cap Fund and Bandhan Small Cap Fund show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Bajaj Finserv Small Cap Fund or Bandhan Small Cap Fund?
Bandhan Small Cap Fund has ₹35,710 Cr in assets under management, versus ₹2,691 Cr for Bajaj Finserv Small Cap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Bajaj Finserv Small Cap Fund or Bandhan Small Cap Fund?
Bandhan Small Cap Fund launched on 2020-02-03, making it older than Bajaj Finserv Small Cap Fund (launched 2025-06-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.