BANDHAN Flexi Cap Fund vs JioBlackRock Flexi Cap Fund
BANDHAN Flexi Cap Fund and JioBlackRock Flexi Cap Fund are both Flexi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.79% vs —, 5-year CAGR +10.02% vs —, volatility 14.00% vs 18.01%, maximum drawdown −36.89% vs −14.29%. Their portfolios overlap by 33% (21 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
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Jio BlackRock Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹238.6340 | ₹9.9958 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 17 Oct 2025 |
| Track record | 13.8 yrs | 1.1 yrs |
| Fund size (AUM) | ₹7,115 Cr | ₹6,351 Cr |
| Securities held | 68 | 137 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| 1 month | +7.40% | +4.04% |
| 3 months | +0.98% | −2.05% |
| 6 months | +4.62% | +1.26% |
| 1 year | +2.81% | −0.84% |
| 3 years (CAGR) | +12.79% | — |
| 5 years (CAGR) | +10.02% | — |
| 7 years (CAGR) | +13.32% | — |
| 10 years (CAGR) | +11.68% | — |
| Since launch (CAGR) | +13.65% | −0.89% |
| SIP return (XIRR, 5 years) ⓘ | +10.97% | — |
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
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +0.94% | −2.76% |
| 2025 | +10.03% | — |
| 2024 | +15.76% | — |
| 2023 | +25.35% | — |
| 2022 | −0.68% | — |
| 2021 | +33.15% | — |
Risk
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.00% | 18.01% |
| Downside volatility ⓘ | 9.64% | 13.81% |
| Sharpe ratio ⓘ | 0.45 | -0.41 |
| Sortino ratio ⓘ | 0.65 | -0.53 |
| Maximum drawdown ⓘ | −36.89% | −14.29% |
| Recovery from that fall | 8 months | — |
| Current fall from peak | 0.00% | −3.52% |
| Rolling 1-year return: worst | −29.89% | −8.93% |
| Rolling 1-year return: median | +11.09% | −7.50% |
| Rolling 1-year return: best | +79.64% | −0.84% |
| Share of 1-year periods with a loss | 19.00% | 100.00% |
Against each fund's benchmark
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.88 | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | +1.06% | −1.84% |
| R² ⓘ | 96.26 | 97.70 |
| Upside capture | 91.97% | 98.05% |
| Downside capture | 82.79% | 104.36% |
| Tracking error | 3.33% | 2.74% |
| Information ratio | 0.25 | -0.40 |
| Treynor ratio | 5.16 | -15.35 |
Portfolio
Asset mix
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Equity | 96.04% | 99.09% |
| Cash & equivalents | 3.27% | 0.96% |
| Debt | 0.69% | 0.00% |
Market-cap split (share of fund assets)
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Large Cap | 74.24% | 60.62% |
| Mid Cap | 8.78% | 18.93% |
| Small Cap | 13.02% | 19.31% |
| Unclassified | 0.00% | 0.19% |
Concentration
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Top 10 holdings | 48.10% | 33.22% |
| Effective number of stocks ⓘ | 30.2 | 52.3 |
| Securities held | 68 | 137 |
Portfolio overlap: 33%
21 companies are held by both funds; by weight, 33% of the two portfolios is the same. That is a moderate overlap.
| Held by both | BANDHAN Flexi Cap | JioBlackRock Flexi Cap |
|---|---|---|
| HDFC Bank Limited | 9.46% | 5.90% |
| ICICI Bank Limited | 7.67% | 5.69% |
| Bharti Airtel Limited | 4.10% | 4.31% |
| Reliance Industries Limited | 5.67% | 3.05% |
| Infosys Limited | 3.84% | 1.90% |
| Oil & Natural Gas Corporation Limited | 1.71% | 1.92% |
| Larsen & Toubro Limited | 1.85% | 1.60% |
| Tata Consultancy Services Limited | 2.81% | 1.45% |
| Life Insurance Corporation Of India | 1.44% | 1.76% |
| Titan Company Limited | 1.35% | 1.13% |
| Hero MotoCorp Limited | 1.10% | 1.18% |
| Coal India Limited | 1.55% | 1.05% |
| Axis Bank Limited | 3.88% | 0.52% |
| Atul Ltd. | 0.50% | 0.65% |
| Bajaj Finserv Limited | 2.55% | 0.46% |
Top 10 holdings
BANDHAN Flexi Cap
- HDFC Bank Limited9.46%
- ICICI Bank Limited7.67%
- Reliance Industries Limited5.67%
- Bharti Airtel Limited4.10%
- Maruti Suzuki India Limited3.95%
- Axis Bank Limited3.88%
- Infosys Limited3.84%
- Kotak Mahindra Bank Limited3.40%
- ITC Limited3.32%
- Tata Consultancy Services Limited2.81%
JioBlackRock Flexi Cap
- HDFC Bank Limited5.90%
- ICICI Bank Limited5.69%
- Bharti Airtel Limited4.31%
- State Bank of India3.53%
- Reliance Industries Limited3.05%
- Mahindra & Mahindra Limited2.88%
- Tata Steel Ltd.2.28%
- Oil & Natural Gas Corporation Limited1.92%
- Infosys Limited1.90%
- Life Insurance Corporation Of India1.76%
Sector exposure
| BANDHAN Flexi Cap | JioBlackRock Flexi Cap | |
|---|---|---|
| Banks | 24.41% | 19.83% |
| Insurance | 7.68% | 2.60% |
| IT - Software | 7.33% | 5.33% |
| Petroleum Products | 5.67% | 5.40% |
| Automobiles | 5.05% | 5.46% |
| Pharmaceuticals & Biotechnology | 3.60% | 5.45% |
| Retailing | 4.96% | 0.88% |
| Ferrous Metals | 0.80% | 4.66% |
| Finance | 4.62% | 4.65% |
| Diversified FMCG | 4.51% | 0.34% |
| Telecom - Services | 4.10% | 4.31% |
| Auto Components | 0.49% | 4.04% |
| Industrial Products | 0.34% | 3.69% |
| Consumer Durables | 3.09% | 3.65% |
Questions people ask
What is the difference between BANDHAN Flexi Cap and JioBlackRock Flexi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +2.81% vs −0.84%; 3-year CAGR +12.79% vs —; 5-year CAGR +10.02% vs —; 10-year CAGR +11.68% vs —. Past returns do not indicate future returns.
How do BANDHAN Flexi Cap and JioBlackRock Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 14.00% vs 18.01%; Sharpe ratio 0.45 vs -0.41; Sortino ratio 0.65 vs -0.53; maximum drawdown −36.89% vs −14.29%; beta 0.88 vs 0.95.
How much do BANDHAN Flexi Cap and JioBlackRock Flexi Cap overlap?
By weight, 33% of the two portfolios is invested in the same companies; 21 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of BANDHAN Flexi Cap and JioBlackRock Flexi Cap?
BANDHAN Flexi Cap: large cap 74.2%, mid cap 8.8%, small cap 13.0%. JioBlackRock Flexi Cap: large cap 60.6%, mid cap 18.9%, small cap 19.3% (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.
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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.