CHOLAFIN.NS vs. BAJFINANCE.NS
CHOLAFIN.NS (Cholamandalam Investment and Finance Company Limited) and BAJFINANCE.NS (Bajaj Finance Limited) are both stocks. Both operate in the Credit Services industry within the Financial Services sector. Over the past 10 years, CHOLAFIN.NS returned 28.91%/yr vs 29.85%/yr for BAJFINANCE.NS. At a 0.32 correlation, their price movements are largely independent.
Performance
CHOLAFIN.NS vs. BAJFINANCE.NS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHOLAFIN.NS achieves a -7.81% return, which is significantly lower than BAJFINANCE.NS's -6.94% return. Both investments have delivered pretty close results over the past 10 years, with CHOLAFIN.NS having a 28.91% annualized return and BAJFINANCE.NS not far ahead at 29.85%.
CHOLAFIN.NS
- 1D
- 7.78%
- 1M
- -0.41%
- YTD
- -7.81%
- 6M
- -9.58%
- 1Y
- -0.74%
- 3Y*
- 12.65%
- 5Y*
- 23.02%
- 10Y*
- 28.91%
BAJFINANCE.NS
- 1D
- 5.49%
- 1M
- 2.47%
- YTD
- -6.94%
- 6M
- -9.73%
- 1Y
- -1.98%
- 3Y*
- 9.74%
- 5Y*
- 9.36%
- 10Y*
- 29.85%
CHOLAFIN.NS vs. BAJFINANCE.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited | -7.81% | 43.73% | -5.71% | 74.66% | 39.32% | 34.82% | 27.18% | 34.69% | 9.55% | 56.84% |
BAJFINANCE.NS Bajaj Finance Limited | -6.94% | 46.42% | -5.95% | 12.40% | -5.07% | 32.19% | 25.62% | 60.66% | 51.09% | 119.91% |
Correlation
The correlation between CHOLAFIN.NS and BAJFINANCE.NS is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2006 | 0.32 |
Over the past year, CHOLAFIN.NS and BAJFINANCE.NS have become more correlated (0.62) than their long-term average of 0.32, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CHOLAFIN.NS vs. BAJFINANCE.NS — Risk / Return Rank
CHOLAFIN.NS
BAJFINANCE.NS
CHOLAFIN.NS vs. BAJFINANCE.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) and Bajaj Finance Limited (BAJFINANCE.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHOLAFIN.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.08 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.08 | -0.18 | +0.10 |
Loading charts...
Drawdowns
CHOLAFIN.NS vs. BAJFINANCE.NS - Drawdown Comparison
The maximum CHOLAFIN.NS drawdown since its inception was -80.59%, smaller than the maximum BAJFINANCE.NS drawdown of -90.67%. Use the drawdown chart below to compare losses from any high point for CHOLAFIN.NS and BAJFINANCE.NS.
Loading charts...
Drawdown Indicators
| CHOLAFIN.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.59% | -90.67% | +10.08% |
Max Drawdown (1Y)Largest decline over 1 year | -24.91% | -26.74% | +1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -28.67% | -26.74% | -1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -28.67% | -33.36% | +4.69% |
Max Drawdown (10Y)Largest decline over 10 years | -64.28% | -62.35% | -1.93% |
Current DrawdownCurrent decline from peak | -13.08% | -16.07% | +2.99% |
Average DrawdownAverage peak-to-trough decline | -14.44% | -16.96% | +2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.67% | 11.27% | -1.60% |
Volatility
CHOLAFIN.NS vs. BAJFINANCE.NS - Volatility Comparison
Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) has a higher volatility of 11.30% compared to Bajaj Finance Limited (BAJFINANCE.NS) at 8.60%. This indicates that CHOLAFIN.NS's price experiences larger fluctuations and is considered to be riskier than BAJFINANCE.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHOLAFIN.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.30% | 8.60% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 26.38% | 22.61% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.33% | 29.04% | +3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.98% | 27.95% | +6.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.96% | 35.84% | +5.12% |
Dividends
CHOLAFIN.NS vs. BAJFINANCE.NS - Dividend Comparison
CHOLAFIN.NS's dividend yield for the trailing twelve months is around 0.13%, while BAJFINANCE.NS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAJFINANCE.NS Bajaj Finance Limited | 0.00% | 1.13% | 1.06% | 0.82% | 0.61% | 0.29% | 0.38% | 0.28% | 0.30% | 4.10% | 0.00% | 0.00% |
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited | 0.13% | 0.12% | 0.17% | 0.16% | 0.28% | 0.38% | 0.18% | 8.35% | 12.90% | 10.58% | 11.88% | 13.63% |
Financials
CHOLAFIN.NS vs. BAJFINANCE.NS - Financials Comparison
This section allows you to compare key financial metrics between Cholamandalam Investment and Finance Company Limited and Bajaj Finance Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CHOLAFIN.NS and BAJFINANCE.NS have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CHOLAFIN.NS and BAJFINANCE.NS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer