Small Cap Fund · head to head · AMFI NAVs
Bandhan Small Cap Fund vs ICICI Prudential Small Cap Fund: SIP returns compared
Same ₹10,000 monthly SIP, same dates, Direct plans: over the last 5 years Bandhan Small Cap Fund is worth ₹10.24 L (XIRR 22.2%) and ICICI Prudential Small Cap Fund ₹8.11 L (XIRR 12.4%) — Bandhan Small Cap Fund ahead by ₹2,12,517. Across every 3-year SIP since Mar 2020, Bandhan Small Cap Fund finished ahead in 35 of 44 and ICICI Prudential Small Cap Fund in 9.
Historical simulation on actual NAVs — not a forecast and not investment advice. Disclaimer
Bandhan Small Cap Fund: invested — over — instalments; valued at NAV of —:
| Year | Invested | Bandhan Small Cap Fund value | XIRR to date |
|---|
₹10,000 a month in each: what it became
Each row is a monthly SIP ending today (1 Oct 2026), Direct plans. Post-tax assumes everything is redeemed today with no other capital gains this year.
| SIP period | Invested | Bandhan Small Cap Fund | XIRR | ICICI Prudential Small Cap Fund | XIRR | Post-tax (both) |
|---|---|---|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1.29 L | 17.1% | ₹1.26 L | 11.1% | ₹1.27 L / ₹1.25 L |
| 3 years | ₹3,60,000 | ₹4.39 L | 14.0% | ₹3.95 L | 6.5% | ₹4.37 L / ₹3.94 L |
| 5 years | ₹6,00,000 | ₹10.24 L | 22.2% | ₹8.11 L | 12.4% | ₹9.86 L / ₹8.00 L |
Every 3-year SIP, head to head
We started the same SIP in both funds in every month both have NAVs for — 44 SIPs, the first starting Mar 2020. Bandhan Small Cap Fund finished ahead in 80% of them; the median gap was 10.3 percentage points a year in Bandhan Small Cap Fund's favour.
Downside on the same dates: Bandhan Small Cap Fund's worst 3-year SIP returned 11.6% a year (started Apr 2023) and 0 of 44 lost money; ICICI Prudential Small Cap Fund's worst returned 1.0% (started Apr 2023) and 0 lost money.
XIRR of every 3-year monthly SIP by the month it started. Gap = Bandhan Small Cap Fund minus ICICI Prudential Small Cap Fund, percentage points a year.
| Window | SIPs compared | Ahead (Bandhan / ICICI) | Median gap | Worst gap | Best gap |
|---|---|---|---|---|---|
| 3-year SIPs | 44 | 80% / 20% | +10.3 pp | -10.3 ppstarted Apr 2020 | +20.2 ppstarted Jan 2022 |
| 5-year SIPs | 20 | 100% / 0% | +8.3 pp | +7.0 ppstarted Sep 2020 | +9.8 ppstarted May 2021 |
Against an index fund, and the cost of the Regular plan
- Bandhan Small Cap Fund beat a plain Nifty Smallcap 250 index fund in 84% of 44 rolling 3-year SIPs (median gap +8.6 pp a year) — Bandhan Small Cap Fund vs Nifty Smallcap 250 index fund.
- Bandhan Small Cap Fund: the Regular plan of the same 5-year SIP ended ₹39,516 below Direct.
- ICICI Prudential Small Cap Fund beat a plain Nifty Smallcap 250 index fund in 35% of 49 rolling 3-year SIPs (median gap -1.7 pp a year) — ICICI Prudential Small Cap Fund vs Nifty Smallcap 250 index fund.
- ICICI Prudential Small Cap Fund: the Regular plan of the same 10-year SIP ended ₹2,15,271 below Direct.
Questions
Which has given better SIP returns, Bandhan Small Cap Fund or ICICI Prudential Small Cap Fund?
Over the last 5 years a ₹10,000 monthly SIP (Direct plans) is worth ₹10.24 L in Bandhan Small Cap Fund (XIRR 22.2%) and ₹8.11 L in ICICI Prudential Small Cap Fund (XIRR 12.4%). Past returns don't tell you which will do better next.
Has Bandhan Small Cap Fund beaten ICICI Prudential Small Cap Fund consistently?
In 80% of 44 rolling 3-year SIPs started on the same dates (from Mar 2020), Bandhan Small Cap Fund ended ahead of ICICI Prudential Small Cap Fund (Direct plans). The median difference was +10.3 percentage points a year.
Where does this data come from?
Official daily NAVs published by AMFI. SIP instalments fall on the first business day of each month; both funds are compared on identical dates. Updated monthly.
Comparison on official AMFI NAVs, SIP on the first business day of each month, identical dates for both funds. It shows what happened, not which fund to buy — past performance does not indicate future returns. sipcalculatorhub.com is not a SEBI-registered investment adviser. Methodology.
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