1M
6M
1Y
3Y
5Y
All
| NAV: 13 May 2024 | ₹24.68 |
| Min. SIP amount | ₹100 |
| Rating | 2 |
| Fund size | ₹2,228.68Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 18.5% | 11.2% | 12.3% | 9.9% |
| Category average | 22.1% | 12.0% | 12.2% | NA |
| Rank with in category | 27 | 21 | 14 | NA |
Understand terms
Holdings (116)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 9.48% |
GOI | Sovereign | GOI Sec | 5.15% |
GOI | Sovereign | GOI Sec | 4.02% |
Bajaj Finance Ltd. | Financial | Equity | 3.96% |
Infosys Ltd. | Technology | Equity | 3.87% |
HDFC Bank Ltd. | Financial | Equity | 3.61% |
Reliance Industries Ltd. | Energy | Equity | 3.48% |
Bajaj Finance Ltd. | Financial | Debenture | 3.35% |
State Bank of India | Financial | Equity | 2.57% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.52% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Cons
5Y annualised returns higher than category average by 0.16%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.63%
Low rating: 2
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 0.94
The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Expense ratio, exit load and tax
Expense ratio: 0.63%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Manish GunwaniJan 2024 - PresentView details
Manish Gunwani
Jan 2024 - Present
View details
Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon India Mutual Fund, ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Also manages these schemes
Sumit AgrawalMar 2017 - PresentView details
Sumit Agrawal
Mar 2017 - Present
View details
Education
Mr.Agrawal is a B.Com, ACS, CFA (USA)and PGDM (Finance).
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he was associated with Mirae Asset Mutual Fund (Nov 2010-Sep 2016) as Fund Manager-Equities, Axis Capital (erstwhile ENAM Securities) (Feb 2008-Nov 2010) as VP-Research Analyst and JP Morgan India Services Pvt. Ltd. (Jun 2006-Feb 2008) as TL-Investment Banking.
Also manages these schemes
Brijesh ShahJul 2022 - PresentView details
Brijesh Shah
Jul 2022 - Present
View details
Education
Mr. Shah is a Post Graduate Diploma in Finance.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.
Also manages these schemes
Vishal BiraiaJun 2023 - PresentView details
Vishal Biraia
Jun 2023 - Present
View details
Education
Mr. Biraia has done B.E and CFA
Experience
Prior to joining Bandhan Mutual Fund, he has worked with Max Life Insurance Company Ltd, Aviva India, Antique Stock Broking Ltd, Emkay Global Financial Services Ltd and Batlivala & Karani Securities India Pvt. Ltd.
Also manages these schemes
Ritika BeheraOct 2023 - PresentView details
Ritika Behera
Oct 2023 - Present
View details
Education
Ms. Behera has done B.Com and MBA (Finance)
Experience
Prior to Bandhan AMC Limited, she was associated with Ocean Dial Asset Management, Elara Securities Pvt Ltd. and Batlivala & Karani Securities Pvt Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
NA
Launch Date
20 Dec 1999
E-mail
NAWebsite
bandhanmutual.com
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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