Invesco India Small Cap Fund vs BANDHAN Small Cap Fund
Invesco India Small Cap Fund (Direct) and BANDHAN Small Cap Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Small Cap Fund schemes — see the best small cap mutual funds for the full ranking.
Head to head
NAVs as of 28 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 26 Feb 2020 – 28 Aug 2026, limited by BANDHAN Small Cap Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Invesco India Small Cap Fund | BANDHAN Small Cap Fund | Nifty Smallcap 250 |
|---|---|---|---|
| 26 Feb 2020 | ₹100.00 | ₹100.00 | ₹100.00 |
| 11 Sep 2020 | ₹93.78 | ₹121.20 | ₹95.84 |
| 28 Mar 2021 | ₹128.50 | ₹162.30 | ₹134.62 |
| 12 Oct 2021 | ₹185.91 | ₹245.40 | ₹194.22 |
| 28 Apr 2022 | ₹178.71 | ₹220.10 | ₹189.14 |
| 12 Nov 2022 | ₹188.21 | ₹221.72 | ₹185.15 |
| 29 May 2023 | ₹203.52 | ₹236.75 | ₹193.84 |
| 12 Dec 2023 | ₹270.60 | ₹334.14 | ₹266.74 |
| 27 Jun 2024 | ₹339.97 | ₹438.95 | ₹335.15 |
| 11 Jan 2025 | ₹367.32 | ₹482.37 | ₹331.87 |
| 28 Jul 2025 | ₹377.64 | ₹509.96 | ₹338.37 |
| 11 Feb 2026 | ₹387.14 | ₹513.28 | ₹322.73 |
| 28 Aug 2026 | ₹449.47 | ₹575.59 | ₹363.40 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
Invesco India Small Cap Fund and BANDHAN Small Cap Fund share 9% of their equity book by weight.
Shared holdings — Invesco India Small Cap Fund vs BANDHAN Small Cap Fund
| Stock | Invesco India Small Cap Fund | BANDHAN Small Cap Fund | |
|---|---|---|---|
| Paradeep Phosphates Ltd | 2.07% | 1.42% | 1.42% |
| Cholamandalam Financial Holdings Ltd | 1.36% | 1.54% | 1.36% |
| Century Textiles & Industries Ltd | 1.04% | 1.11% | 1.04% |
| Angel One Ltd | 1.02% | 0.89% | 0.89% |
| Prestige Estates Projects Ltd | 2.49% | 0.73% | 0.73% |
| Kirloskar Oil Engines Ltd | 1.38% | 0.65% | 0.65% |
| Zomato Ltd | 3.96% | 0.46% | 0.46% |
| Indusind Bank Ltd | 1.39% | 0.45% | 0.45% |
| Ethos Ltd | 1.43% | 0.28% | 0.28% |
| Max Estates Ltd | 0.31% | 0.28% | 0.28% |
| TruAlt Bioenergy Ltd. | 0.25% | 0.41% | 0.25% |
| Krishna Institute Of Medical Sciences Ltd | 4.55% | 0.25% | 0.25% |
| Birla Corporation Ltd | 0.19% | 0.42% | 0.19% |
| Orchid Pharma Ltd | 0.33% | 0.16% | 0.16% |
| Craftsman Automation Ltd | 2.59% | 0.15% | 0.15% |
7 more stocks in common. 22 shared of 67 / 254 positions. Weights are shown as a share of each fund's equity book.
| Metric | Invesco · Direct NAV ₹54.88 Very High risk ★★★★★ | Bandhan · Direct NAV ₹57.56 Very High risk ★★★★★ | Category median Small Cap Fund · 37 funds |
|---|---|---|---|
| +18.78%Best in row | +14.76% | +15.61% | |
| +25.02% | +26.50%Best in row | +17.35% | |
| +21.59%Best in row | +20.75% | +18.09% | |
| +24.19% | +30.83%Best in row | +20.16% | |
| +23.48% | +24.36%Best in row | — | |
| +29.12% | +31.32%Best in row | +21.54% | |
| +29.48% | +29.70%Best in row | +20.98% | |
| Risk | |||
| 17.95% | 17.59%Best in row | 17.11% | |
| 1.03 | 1.14Best in row | 0.69 | |
| 1.42 | 1.55Best in row | 0.92 | |
| -37.66% | -24.34%Best in row | -32.37% | |
| +8.46% | +9.34%Best in row | +2.17% | |
| 0.85 | 0.92 | 0.86 | |
| 102.9% | 110.6%Best in row | 88.3% | |
| 71.3%Best in row | 77.5% | 77.8% | |
| 0.64% | 0.60%Best in row | 0.93% | |
| ₹14,475Cr | ₹26,012Cr | ₹4,379Cr | |
| Up to 1.00% | 1.00% | — | |
| ₹100 | ₹1.00K | — | |
| 49% | 14% | 27% | |
| Taher Badshah · 7.9y | Gaurav Satra | — | |
| 02 Nov 2018 | 26 Feb 2020 | — | |
| 67 | 254 | — | |
| 37.4% | 19.4% | — | |
| 1.3% | 8.2% | — | |
5 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty Smallcap 250
- Lock-in
- None
- Min SIP
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Invesco India Small Cap Fund or BANDHAN Small Cap Fund?
Over the last 3 years, BANDHAN Small Cap Fund returned +26.50% CAGR against Invesco India Small Cap Fund's +25.02%, computed from AMFI NAV history. Over 5 years: Invesco India Small Cap Fund +21.59% vs BANDHAN Small Cap Fund +20.75% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Invesco India Small Cap Fund or BANDHAN Small Cap Fund?
BANDHAN Small Cap Fund has the lower expense ratio: Invesco India Small Cap Fund charges 0.64% a year against BANDHAN Small Cap Fund's 0.60%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Invesco India Small Cap Fund or BANDHAN Small Cap Fund?
Invesco India Small Cap Fund has shown higher volatility (+17.95% annualized vs BANDHAN Small Cap Fund's +17.59%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Invesco India Small Cap Fund -23.41% vs BANDHAN Small Cap Fund -22.78%.
Which fund manages more money — Invesco India Small Cap Fund or BANDHAN Small Cap Fund?
BANDHAN Small Cap Fund is the larger fund: Invesco India Small Cap Fund manages ₹14,475Cr against BANDHAN Small Cap Fund's ₹26,012Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Invesco India Small Cap Fund and BANDHAN Small Cap Fund in the same category?
Yes — both are Small Cap Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.