BANDHAN Nifty Smallcap 250 Index Fund vs DSP Nifty Smallcap 250 Index Fund
BANDHAN Nifty Smallcap 250 Index Fund and DSP Nifty Smallcap 250 Index Fund are both Nifty Smallcap 250 Index Funds & ETFs. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 21.69% vs —, maximum drawdown −26.12% vs −15.50%. Their portfolios overlap by 97.4% (249 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 Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Fund house | Bandhan Mutual Fund | DSP Mutual Fund |
| Compared as | Nifty Smallcap 250 Index Funds & ETFs | Nifty Smallcap 250 Index Funds & ETFs |
| NAV | ₹12.6133 | ₹10.6875 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 26 Dec 2023 | 11 Dec 2025 |
| Track record | 2.9 yrs | 0.9 yrs |
| Fund size (AUM) | ₹106 Cr | ₹18 Cr |
| Securities held | 251 | 249 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| 1 month | −1.45% | −1.46% |
| 3 months | −5.13% | −5.12% |
| 6 months | +1.03% | +1.02% |
| 1 year | +0.48% | — |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.37% | — |
| 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
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| 2026 (year to date) | +4.28% | +4.26% |
| 2025 | −6.11% | — |
| 2024 | +26.61% | — |
Risk
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Volatility (annualised) ⓘ | 21.69% | — |
| Downside volatility ⓘ | 14.31% | — |
| Sharpe ratio ⓘ | 0.09 | — |
| Sortino ratio ⓘ | 0.13 | — |
| Maximum drawdown ⓘ | −26.12% | −15.50% |
| Recovery from that fall | — | 1 months |
| Current fall from peak | −6.69% | −6.21% |
| Rolling 1-year return: worst | −12.44% | — |
| Rolling 1-year return: median | +1.41% | — |
| Rolling 1-year return: best | +27.54% | — |
| Share of 1-year periods with a loss | 40.13% | — |
Against each fund's benchmark
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Beta ⓘ | 1.23 | — |
| Alpha (Jensen's, annualised) ⓘ | +4.46% | — |
| R² ⓘ | 62.01 | — |
| Upside capture | 137.55% | — |
| Downside capture | 122.91% | — |
| Tracking error | 13.89% | — |
| Information ratio | 0.20 | — |
| Treynor ratio | -0.02 | — |
Portfolio
Asset mix
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Equity | 99.14% | 97.10% |
| Cash & equivalents | 0.57% | 2.62% |
| REITs / InvITs | 0.29% | 0.28% |
Market-cap split (share of fund assets)
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Large Cap | 0.00% | 0.00% |
| Mid Cap | 2.71% | 2.68% |
| Small Cap | 95.45% | 93.44% |
| Unclassified | 0.98% | 0.98% |
Concentration
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Top 10 holdings | 12.61% | 12.50% |
| Effective number of stocks ⓘ | 171.5 | 177.6 |
| Securities held | 251 | 249 |
Portfolio overlap: 97.4%
249 companies are held by both funds; by weight, 97.4% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index |
|---|---|---|
| Sona BLW Precision Forgings Limited | 1.67% | 1.66% |
| Welspun Corp Limited | 1.60% | 1.58% |
| Karur Vysya Bank Limited | 1.38% | 1.36% |
| Navin Fluorine International Limited | 1.36% | 1.35% |
| Ather Energy Limited | 1.21% | 1.20% |
| RBL Bank Limited | 1.12% | 1.11% |
| Delhivery Limited | 1.11% | 1.10% |
| Redington Limited | 1.08% | 1.08% |
| Gland Pharma Limited | 1.04% | 1.03% |
| HFCL Limited | 1.04% | 1.03% |
| Brookfield India Real Estate Trust | 1.01% | 1.00% |
| Central Depository Services (India) Limited | 1.01% | 1.00% |
| City Union Bank Limited | 0.98% | 0.97% |
| Sai Life Sciences Limited | 0.95% | 0.94% |
| PNB Housing Finance Limited | 0.95% | 0.94% |
Top 10 holdings
BANDHAN Nifty Smallcap 250 Index
- Sona BLW Precision Forgings Limited1.67%
- Welspun Corp Limited1.60%
- Karur Vysya Bank Limited1.38%
- Navin Fluorine International Limited1.36%
- Ather Energy Limited1.21%
- RBL Bank Limited1.12%
- Delhivery Limited1.11%
- Redington Limited1.08%
- Gland Pharma Limited1.04%
- HFCL Limited1.04%
DSP Nifty Smallcap 250 Index
- Sona BLW Precision Forgings Limited1.66%
- Welspun Corp Limited1.58%
- Karur Vysya Bank Limited1.36%
- Navin Fluorine International Limited1.35%
- Ather Energy Limited1.20%
- RBL Bank Limited1.11%
- Delhivery Limited1.10%
- Redington Limited1.08%
- Gland Pharma Limited1.03%
- HFCL Limited1.03%
Sector exposure
| BANDHAN Nifty Smallcap 250 Index | DSP Nifty Smallcap 250 Index | |
|---|---|---|
| Industrial Products | 8.64% | 8.56% |
| Auto Components | 8.42% | 8.35% |
| Pharmaceuticals & Biotechnology | 7.75% | 7.70% |
| Finance | 7.62% | 7.55% |
| Chemicals & Petrochemicals | 5.73% | 5.68% |
| Capital Markets | 5.38% | 5.33% |
| Banks | 5.11% | 5.04% |
| Construction | 3.20% | 3.16% |
| Industrial Manufacturing | 2.90% | 2.87% |
| Realty | 2.83% | 2.79% |
| Consumer Durables | 2.81% | 2.81% |
| IT - Services | 2.79% | 2.77% |
| Electrical Equipment | 2.77% | 2.56% |
| Healthcare Services | 2.51% | 2.49% |
Questions people ask
What is the difference between BANDHAN Nifty Smallcap 250 Index and DSP Nifty Smallcap 250 Index returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +0.48% vs —; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do BANDHAN Nifty Smallcap 250 Index and DSP Nifty Smallcap 250 Index compare on risk?
Volatility (36 monthly returns, annualised) 21.69% vs —; Sharpe ratio 0.09 vs —; Sortino ratio 0.13 vs —; maximum drawdown −26.12% vs −15.50%; beta 1.23 vs —.
How much do BANDHAN Nifty Smallcap 250 Index and DSP Nifty Smallcap 250 Index overlap?
By weight, 97.4% of the two portfolios is invested in the same companies; 249 stocks are held by both, the largest shared positions being Sona BLW Precision Forgings Limited, Welspun Corp Limited, Karur Vysya Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of BANDHAN Nifty Smallcap 250 Index and DSP Nifty Smallcap 250 Index?
BANDHAN Nifty Smallcap 250 Index: large cap 0.0%, mid cap 2.7%, small cap 95.5%. DSP Nifty Smallcap 250 Index: large cap 0.0%, mid cap 2.7%, small cap 93.4% (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.
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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.