AlphaGrep Flexi Cap Fund vs Axis Flexi Cap Fund
AlphaGrep Flexi Cap Fund and Axis Flexi Cap Fund are both Flexi Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +14.32%, 5-year CAGR — vs +8.18%, volatility — vs 15.66%, maximum drawdown −7.62% vs −29.87%. Their portfolios overlap by 7% (15 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Fund house | AlphaGrep Mutual Fund | Axis Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹9.9378 | ₹31.0300 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 13 Aug 2026 | 24 Nov 2017 |
| Track record | 0.2 yrs | 8.9 yrs |
| Fund size (AUM) | ₹80 Cr | ₹13,242 Cr |
| Securities held | 163 | 67 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| 1 month | +0.76% | +2.01% |
| 3 months | — | −1.99% |
| 6 months | — | +5.54% |
| 1 year | — | +2.78% |
| 3 years (CAGR) | — | +14.32% |
| 5 years (CAGR) | — | +8.18% |
| 7 years (CAGR) | — | +13.23% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | — | +13.48% |
| SIP return (XIRR, 5 years) ⓘ | — | +10.83% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| 2026 (year to date) | — | +5.37% |
| 2025 | — | +2.40% |
| 2024 | — | +23.54% |
| 2023 | — | +21.44% |
| 2022 | — | −7.61% |
| 2021 | — | +29.93% |
Risk
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | — | 15.66% |
| Downside volatility ⓘ | — | 11.05% |
| Sharpe ratio ⓘ | — | 0.50 |
| Sortino ratio ⓘ | — | 0.71 |
| Maximum drawdown ⓘ | −7.62% | −29.87% |
| Recovery from that fall | — | 8 months |
| Current fall from peak | −2.54% | −3.66% |
| Rolling 1-year return: worst | — | −14.89% |
| Rolling 1-year return: median | — | +10.07% |
| Rolling 1-year return: best | — | +70.93% |
| Share of 1-year periods with a loss | — | 16.52% |
Against each fund's benchmark
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Beta ⓘ | — | 0.97 |
| Alpha (Jensen's, annualised) ⓘ | — | +3.22% |
| R² ⓘ | — | 91.09 |
| Upside capture | — | 111.52% |
| Downside capture | — | 99.45% |
| Tracking error | — | 4.77% |
| Information ratio | — | 0.71 |
| Treynor ratio | — | 7.29 |
Portfolio
Asset mix
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Equity | 81.40% | 90.23% |
| Cash & equivalents | 12.95% | 6.82% |
| Gold | 3.81% | 0.00% |
| Debt | 1.78% | 2.91% |
Market-cap split (share of fund assets)
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Large Cap | 16.73% | 51.98% |
| Mid Cap | 21.72% | 18.59% |
| Small Cap | 41.82% | 18.41% |
| Unclassified | 1.18% | 1.25% |
Concentration
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Top 10 holdings | 17.32% | 38.61% |
| Effective number of stocks ⓘ | 124.6 | 41 |
| Securities held | 163 | 67 |
Portfolio overlap: 7%
15 companies are held by both funds; by weight, 7% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | AlphaGrep Flexi Cap | Axis Flexi Cap |
|---|---|---|
| Bharat Electronics Limited | 1.58% | 3.46% |
| Mahindra & Mahindra Limited | 0.81% | 2.42% |
| CG Power and Industrial Solutions Limited | 0.77% | 1.54% |
| Sterlite Technologies Limited | 0.89% | 0.57% |
| TD Power Systems Limited | 1.18% | 0.54% |
| Gujarat Fluorochemicals Limited | 0.74% | 0.44% |
| Samvardhana Motherson International Limited | 0.33% | 1.66% |
| Kaynes Technology India Limited | 0.31% | 0.56% |
| UltraTech Cement Limited | 0.48% | 0.30% |
| The Federal Bank Limited | 0.27% | 0.75% |
| Bharat Forge Limited | 0.26% | 1.18% |
| GE Vernova T&D India Limited | 0.26% | 1.55% |
| KEI Industries Limited | 0.21% | 0.65% |
| Sai Life Sciences Limited | 0.19% | 1.29% |
| Bharti Airtel Limited | 0.15% | 2.14% |
Top 10 holdings
AlphaGrep Flexi Cap
- DSP Gold ETF3.81%
- CIE Automotive India Ltd1.95%
- 91 Days Treasury Bill 24-Dec-20261.78%
- Bharat Electronics Limited1.58%
- Kirloskar Oil Engines Limited1.50%
- Dixon Technologies (India) Limited1.46%
- Niva Bupa Health Insurance Company Limited1.41%
- BEML Limited1.34%
- Sun TV Network Limited1.26%
- NTPC Limited1.24%
Axis Flexi Cap
- ICICI Bank Limited7.52%
- Eternal Limited4.56%
- Apar Industries Limited4.19%
- Bajaj Finance Limited4.08%
- Bharat Electronics Limited3.46%
- Axis Bank Limited3.07%
- Krishna Institute Of Medical Sciences Limited3.05%
- State Bank of India3.04%
- 91 Days Tbill (MD 31/12/2026)2.91%
- Sansera Engineering Limited2.73%
Sector exposure
| AlphaGrep Flexi Cap | Axis Flexi Cap | |
|---|---|---|
| Banks | 3.30% | 17.47% |
| Electrical Equipment | 5.82% | 8.58% |
| Auto Components | 7.56% | 5.81% |
| Finance | 4.23% | 6.95% |
| Retailing | 0.81% | 6.47% |
| Pharmaceuticals & Biotechnology | 6.09% | 4.59% |
| Chemicals & Petrochemicals | 2.22% | 4.94% |
| Aerospace & Defense | 1.93% | 4.84% |
| Consumer Durables | 4.82% | 1.61% |
| Automobiles | 2.86% | 4.80% |
| Healthcare Services | 2.19% | 3.85% |
| Mutual Funds | 3.81% | 0.00% |
| Industrial Products | 3.51% | 3.31% |
| Financial Technology (Fintech) | 0.00% | 3.16% |
Questions people ask
What is the difference between AlphaGrep Flexi Cap and Axis Flexi Cap returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return — vs +2.78%; 3-year CAGR — vs +14.32%; 5-year CAGR — vs +8.18%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do AlphaGrep Flexi Cap and Axis Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) — vs 15.66%; Sharpe ratio — vs 0.50; Sortino ratio — vs 0.71; maximum drawdown −7.62% vs −29.87%; beta — vs 0.97.
How much do AlphaGrep Flexi Cap and Axis Flexi Cap overlap?
By weight, 7% of the two portfolios is invested in the same companies; 15 stocks are held by both, the largest shared positions being Bharat Electronics Limited, Mahindra & Mahindra Limited, CG Power and Industrial Solutions Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of AlphaGrep Flexi Cap and Axis Flexi Cap?
AlphaGrep Flexi Cap: large cap 16.7%, mid cap 21.7%, small cap 41.8%. Axis Flexi Cap: large cap 52.0%, mid cap 18.6%, small cap 18.4% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.