Two funds walk into a table. Only the numbers talk.
Carnelian Small Cap Fund vs BANDHAN Small Cap Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- ACarnelian Small Cap Fund
Carnelian Mutual Fund
- Small Cap Fund
- Direct plan
NAV ₹10.11 on 13 Nov 2026
- BBANDHAN Small Cap Fund
Bandhan Mutual Fund- Small Cap Fund
- Direct plan
- Very High Risk
NAV ₹57.08 on 13 Nov 2026
The short version
Who comes out ahead on each measure.
Fell less in a crash
ACarnelian Small Cap Fund
At its worst, Carnelian Small Cap Fund fell 0.6% from its peak, against 24.3% for BANDHAN Small Cap Fund. On ₹1 lakh, that's a dip to ₹75,664 at the bottom for BANDHAN Small Cap Fund. Could you have held on?
What your money would have become
The same amount, put into each fund on the same day.
Not enough shared history to chart these funds together yet.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
ACarnelian Small Cap Fund
- Watch out: Less than 3 years of history, too short to judge
BBANDHAN Small Cap Fund
- Strength: Ahead of its category: 19.3% a year over 5 years, against a category average of 14.5%
- Strength: In the top quarter of its category over 5 years (#2 of 21)
- Strength: Beat a 5-year SBI FD: 19.3% a year over 5 years, against 6.05%
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | ACarnelian Small Cap Fund | BBANDHAN Small Cap Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | – | 9.3%#16 of 30 · avg 11% |
| 3 yearsPer year, over a full market mood swing | – | 22.4%#1 of 25 · avg 14.4% |
| 5 yearsPer year, the fairest single test | – | 19.3%#2 of 21 · avg 14.5% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | – | 17.5%category avg 17.1% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −0.6%Bestcategory avg −31.2% | −24.3%category avg −31.2% |
| Best 12 monthsIts strongest year | – | 114.9% |
| Worst 12 monthsIts weakest year | – | -9.9% |
| Odds of a gainShare of all 1-year holding periods that ended in profit | – | 84% |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | – | 0.61% |
| Fund sizeMoney managed (AUM). Neither better nor worse | – | ₹35,856 Cr |
| Minimum SIPSmallest monthly amount | – | ₹100 |
| Lock-inTime before you can withdraw | – | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
ACarnelian Small Cap Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BBANDHAN Small Cap Fund
Might suit you if…
- you prefer its fund house or approach. On these numbers it is not the stand-out on any one measure