Bandhan Large & Mid Cap Fund Direct Growth

Bandhan Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Manish Gunwani, Rahul Agarwal, Ritika Behera, Gaurav Satra. The fund could potentially beat inflation in the long-run.

1. Bandhan Large & Mid Cap Fund Direct Growth has ₹10818 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

Bandhan Large & Mid Cap Fund Direct Growth has given a CAGR return of 16.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.77%, 26.27% and 26.75% respectively.

Bandhan Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Basic Materials, Health, Consumer Defensive, Communication, Energy, Real Estate, Utilities, Corporate. Its top holdings are HDFC Bank Ltd, State Bank of India, HDFC Asset Management Co Ltd, One97 Communications Ltd, ICICI Bank Ltd

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The fund (Previously known as Bandhan Core Equity Fund) is a diversified equity fund with a large-mid cap bias, and the approach is to use small cap judiciously to create reasonable alpha over the large and mid cap benchmarks.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Large & Mid Cap Fund Direct Growth has no lock in period.