COMPARE
BANK OF INDIA Small Cap Fund Direct Plan Growth vs UTI Small Cap Fund - Direct Plan - Growth Option
BANK OF INDIA Small Cap Fund and UTI Small Cap Fund are both in the Small Cap Fund category, from Bank of India Investment Managers Private Limited and UTI Asset Mgmt. Co. Ltd. respectively. BANK OF INDIA Small Cap Fund has posted a higher 3-year rolling CAGR. BANK OF INDIA Small Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
BANK OF INDIA Small Cap Fund has the lower direct-plan expense ratio, by 0.33 percentage points.
| BANK OF INDIA Small Cap Fund Direct Plan Growth | UTI Small Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Small Cap Fund | Small Cap Fund |
| AMC | Bank of India Investment Managers Private Limited | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | Nifty Smallcap 250 TRI | Nifty Smallcap 250 TRI |
| NAV | ₹62.43 (2026-10-28) | ₹27.9976 (2026-10-28) |
| AUM | ₹3,675.46 Cr | ₹5,027.195 Cr |
| Expense Ratio (Direct) | 0.73% | 1.06% |
| Inception | 2018-11-28 | 2020-12-02 |
Returns
BANK OF INDIA Small Cap Fund leads on 3-year rolling CAGR (29.7% vs UTI Small Cap Fund's 20.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
BANK OF INDIA Small Cap Fund has been the more volatile of the two by standard deviation.
| BANK OF INDIA Small Cap Fund Direct Plan Growth | UTI Small Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.50 | 0.17 |
| 3Y Alpha | 8.4106% | 1.6476% |
| 3Y Std Deviation | 20.1619% | 17.5445% |
| 3Y Calmar Ratio | 0.63 | 0.45 |
Portfolio Analytics
BANK OF INDIA 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.
| BANK OF INDIA Small Cap Fund Direct Plan Growth | UTI Small Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 38.178 | 22.0332 |
| P/B Ratio | 8.7753 | 3.99 |
| Dividend Yield | 0.3747% | 0.6496% |
| Active Share | 88.42% | 78.03% |
| Portfolio Turnover | - | 40% |
| YTM | 5.71% | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
BANK OF INDIA Small Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, BANK OF INDIA Small Cap Fund or UTI Small Cap Fund?
BANK OF INDIA Small Cap Fund's 3-year rolling CAGR of 29.7% is higher than UTI Small Cap Fund's 20.3%. BANK OF INDIA Small Cap Fund sits in the 96th percentile of its category on this metric, versus the 38th percentile for UTI Small Cap Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, BANK OF INDIA Small Cap Fund or UTI Small Cap Fund?
BANK OF INDIA Small Cap Fund's direct-plan expense ratio is 0.33 percentage points lower than UTI 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.
Which fund carries more risk, BANK OF INDIA Small Cap Fund or UTI Small Cap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), BANK OF INDIA Small Cap Fund has been more volatile than UTI Small Cap Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.50 for BANK OF INDIA Small Cap Fund vs 0.17 for UTI Small Cap Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, BANK OF INDIA Small Cap Fund or UTI Small Cap Fund?
UTI Small Cap Fund has ₹5,027 Cr in assets under management, versus ₹3,675 Cr for BANK OF INDIA 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, BANK OF INDIA Small Cap Fund or UTI Small Cap Fund?
BANK OF INDIA Small Cap Fund launched on 2018-11-28, making it older than UTI Small Cap Fund (launched 2020-12-02). 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.