Bajaj Finserv Flexi Cap Fund vs ICICI Prudential Flexi Cap fund
Bajaj Finserv Flexi Cap Fund and ICICI Prudential Flexi Cap fund are both Flexi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +17.36% vs +16.64%, 5-year CAGR — vs +14.88%, volatility 15.64% vs 15.72%, maximum drawdown −17.53% vs −19.71%. Their portfolios overlap by 25.3% (20 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
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | ICICI Prudential Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹16.5850 | ₹21.9500 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 16 Aug 2023 | 19 Jul 2021 |
| Track record | 3.2 yrs | 5.3 yrs |
| Fund size (AUM) | ₹8,527 Cr | ₹25,141 Cr |
| Securities held | 68 | 80 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| 1 month | +5.46% | +4.62% |
| 3 months | −0.08% | −1.92% |
| 6 months | +6.79% | +7.44% |
| 1 year | +6.86% | +6.30% |
| 3 years (CAGR) | +17.36% | +16.64% |
| 5 years (CAGR) | — | +14.88% |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +16.92% | +15.99% |
| SIP return (XIRR, 5 years) ⓘ | — | +15.21% |
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
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +7.33% | +5.28% |
| 2025 | +7.91% | +10.61% |
| 2024 | +28.41% | +22.40% |
| 2023 | — | +29.30% |
| 2022 | — | +10.38% |
Risk
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.64% | 15.72% |
| Downside volatility ⓘ | 10.32% | 11.17% |
| Sharpe ratio ⓘ | 0.70 | 0.65 |
| Sortino ratio ⓘ | 1.05 | 0.91 |
| Maximum drawdown ⓘ | −17.53% | −19.71% |
| Recovery from that fall | 4 months | 7 months |
| Current fall from peak | −0.26% | −2.14% |
| Rolling 1-year return: worst | −2.84% | −3.81% |
| Rolling 1-year return: median | +9.65% | +12.44% |
| Rolling 1-year return: best | +50.77% | +50.44% |
| Share of 1-year periods with a loss | 2.36% | 2.08% |
Against each fund's benchmark
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.96 | 0.98 |
| Alpha (Jensen's, annualised) ⓘ | +5.21% | +4.84% |
| R² ⓘ | 91.78 | 90.63 |
| Upside capture | 115.58% | 116.34% |
| Downside capture | 93.67% | 96.86% |
| Tracking error | 4.54% | 4.92% |
| Information ratio | 1.24 | 1.06 |
| Treynor ratio | 9.72 | 9.12 |
Portfolio
Asset mix
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Equity | 94.47% | 97.19% |
| Cash & equivalents | 5.16% | 2.31% |
| Mutual Fund Units | 0.37% | 0.00% |
| Debt | 0.00% | 0.53% |
Market-cap split (share of fund assets)
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Large Cap | 44.71% | 61.10% |
| Mid Cap | 21.17% | 12.63% |
| Small Cap | 26.30% | 23.02% |
| Unclassified | 2.29% | 0.41% |
Concentration
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Top 10 holdings | 34.11% | 43.23% |
| Effective number of stocks ⓘ | 45.9 | 33.1 |
| Securities held | 68 | 80 |
Portfolio overlap: 25.3%
20 companies are held by both funds; by weight, 25.3% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap |
|---|---|---|
| ICICI Bank Limited | 5.49% | 6.90% |
| HDFC Bank Limited | 5.86% | 3.12% |
| Axis Bank Limited | 2.53% | 3.08% |
| Sona BLW Precision Forgings Limited | 3.09% | 2.08% |
| State Bank of India | 2.21% | 1.94% |
| Eternal Limited | 1.45% | 3.73% |
| Infosys Limited | 1.31% | 2.03% |
| Neuland Laboratories Limited | 1.40% | 1.25% |
| PG Electroplast Limited | 0.92% | 1.45% |
| Rubicon Research Limited | 1.66% | 0.79% |
| Radico Khaitan Limited | 0.73% | 0.70% |
| UltraTech Cement Limited | 2.50% | 0.62% |
| Sedemac Mechatronics Limited | 1.06% | 0.60% |
| Max Financial Services Limited | 1.42% | 0.55% |
| Safari Industries (India) Limited | 0.75% | 0.52% |
Top 10 holdings
Bajaj Finserv Flexi Cap
- HDFC Bank Limited5.86%
- ICICI Bank Limited5.49%
- Reliance Industries Limited3.94%
- Divi's Laboratories Limited3.61%
- Sona BLW Precision Forgings Limited3.09%
- Axis Bank Limited2.53%
- UltraTech Cement Limited2.50%
- Bajaj Finance Limited2.42%
- K.P.R. Mill Limited2.41%
- Titan Company Limited2.26%
ICICI Prudential Flexi Cap
- TVS Motor Company Ltd.9.51%
- ICICI Bank Limited6.90%
- Maruti Suzuki India Limited4.48%
- Avenue Supermarts Ltd.4.18%
- Eternal Limited3.73%
- Mahindra & Mahindra Limited3.46%
- HDFC Bank Limited3.12%
- Axis Bank Limited3.08%
- Bharti Airtel Limited2.42%
- Lenskart Solutions Limited2.36%
Sector exposure
| Bajaj Finserv Flexi Cap | ICICI Prudential Flexi Cap | |
|---|---|---|
| Banks | 19.69% | 16.63% |
| Automobiles | 2.28% | 18.23% |
| Pharmaceuticals & Biotechnology | 11.84% | 2.66% |
| Retailing | 2.68% | 11.80% |
| Consumer Durables | 8.02% | 7.27% |
| Auto Components | 7.45% | 6.80% |
| Industrial Products | 5.12% | 2.48% |
| Textiles & Apparels | 4.48% | 0.74% |
| Petroleum Products | 3.94% | 0.00% |
| IT - Software | 3.46% | 3.84% |
| Transport Services | 0.00% | 3.78% |
| Cement & Cement Products | 2.95% | 0.62% |
| Finance | 2.95% | 0.54% |
| Electrical Equipment | 1.95% | 2.94% |
Questions people ask
What is the difference between Bajaj Finserv Flexi Cap and ICICI Prudential Flexi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.86% vs +6.30%; 3-year CAGR +17.36% vs +16.64%; 5-year CAGR — vs +14.88%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Bajaj Finserv Flexi Cap and ICICI Prudential Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 15.64% vs 15.72%; Sharpe ratio 0.70 vs 0.65; Sortino ratio 1.05 vs 0.91; maximum drawdown −17.53% vs −19.71%; beta 0.96 vs 0.98.
How much do Bajaj Finserv Flexi Cap and ICICI Prudential Flexi Cap overlap?
By weight, 25.3% of the two portfolios is invested in the same companies; 20 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Axis Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Bajaj Finserv Flexi Cap and ICICI Prudential Flexi Cap?
Bajaj Finserv Flexi Cap: large cap 44.7%, mid cap 21.2%, small cap 26.3%. ICICI Prudential Flexi Cap: large cap 61.1%, mid cap 12.6%, small cap 23.0% (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 6 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.