Bajaj Finserv Small Cap Fund vs Carnelian Small Cap Fund
Bajaj Finserv Small Cap Fund and Carnelian Small Cap Fund are both Small Cap funds. As of 13 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 22.71% vs —, maximum drawdown −16.22% vs —.
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 Small Cap | Carnelian Small Cap | |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Carnelian Mutual Fund |
| Compared as | Small Cap | Small Cap |
| NAV | ₹11.1890 | — |
| NAV date | 13 Nov 2026 | — |
| Launched (first NAV) | 22 Jul 2025 | — |
| Track record | 1.3 yrs | — |
| Fund size (AUM) | ₹2,735 Cr | — |
| Securities held | 92 | — |
| Portfolio as of | 31 Oct 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| 1 month | +0.46% | — |
| 3 months | −0.70% | — |
| 6 months | +11.47% | — |
| 1 year | +14.49% | — |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.94% | — |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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 Small Cap | Carnelian Small Cap | |
|---|---|---|
| 2026 (year to date) | +15.90% | — |
Risk
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 22.71% | — |
| Downside volatility ⓘ | 12.80% | — |
| Sharpe ratio ⓘ | 0.11 | — |
| Sortino ratio ⓘ | 0.19 | — |
| Maximum drawdown ⓘ | −16.22% | — |
| Recovery from that fall | 1 months | — |
| Current fall from peak | −3.37% | — |
| Rolling 1-year return: worst | +6.73% | — |
| Rolling 1-year return: median | +16.03% | — |
| Rolling 1-year return: best | +22.95% | — |
| Share of 1-year periods with a loss | 0.00% | — |
Against each fund's benchmark
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Beta ⓘ | 1.09 | — |
| Alpha (Jensen's, annualised) ⓘ | +4.64% | — |
| R² ⓘ | 94.37 | — |
| Upside capture | 125.20% | — |
| Downside capture | 109.80% | — |
| Tracking error | 5.80% | — |
| Information ratio | 0.72 | — |
| Treynor ratio | 0.34 | — |
Portfolio
Carnelian Small Cap Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Equity | 97.97% | — |
| Cash & equivalents | 2.03% | — |
Market-cap split (share of fund assets)
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Large Cap | 0.00% | — |
| Mid Cap | 11.72% | — |
| Small Cap | 81.13% | — |
| Unclassified | 5.12% | — |
Concentration
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Top 10 holdings | 29.15% | — |
| Effective number of stocks ⓘ | 60.9 | — |
| Securities held | 92 | — |
Top 10 holdings
Bajaj Finserv Small Cap
- Sona BLW Precision Forgings Limited3.79%
- Rubicon Research Limited3.70%
- CRISIL Limited3.38%
- Timken India Ltd.3.04%
- Welspun Corp Limited2.99%
- Schaeffler India Ltd.2.83%
- Zydus Wellness Ltd2.69%
- The Great Eastern Shipping Company Limited2.53%
- Piramal Pharma Limited2.12%
- S.J.S. Enterprises Limited2.08%
Carnelian Small Cap
Not disclosed yet.
Sector exposure
| Bajaj Finserv Small Cap | Carnelian Small Cap | |
|---|---|---|
| Pharmaceuticals & Biotechnology | 12.28% | — |
| Industrial Products | 11.81% | — |
| Auto Components | 8.93% | — |
| Consumer Durables | 6.01% | — |
| Banks | 5.36% | — |
| Textiles & Apparels | 5.25% | — |
| Finance | 4.85% | — |
| Transport Services | 4.55% | — |
| Electrical Equipment | 3.92% | — |
| Food Products | 3.91% | — |
| Realty | 3.42% | — |
| Capital Markets | 3.07% | — |
| Construction | 3.06% | — |
| Leisure Services | 2.93% | — |
Questions people ask
What is the difference between Bajaj Finserv Small Cap and Carnelian Small Cap returns?
As of 13 Nov 2026, Direct plan Growth option: 1-year return +14.49% vs —; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Bajaj Finserv Small Cap and Carnelian Small Cap compare on risk?
Volatility (36 monthly returns, annualised) 22.71% vs —; Sharpe ratio 0.11 vs —; Sortino ratio 0.19 vs —; maximum drawdown −16.22% vs —; beta 1.09 vs —.
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
Bajaj Finserv Small Cap vs
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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 13 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.