Bandhan Equity Savings Fund Direct Plan Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 31.28 as on 16-04-2024
Fund Performance
8 people have invested ₹ 12.9K in Bandhan Equity Savings Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.44% return, outperforming this fund by 5.96% per annum.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.29% return, outperforming this fund by 4.87% per annum.
Over the last 6 months, this fund has experienced a 25.5% growth in AUM moving from 84.45 Cr to 106.02 Cr.
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.49% which is lower than the category average expense ratio of 1.06%.
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 23.53% return, outperforming this fund by 11.4%.
About the Bandhan Equity Savings Fund Direct Plan Growth
Bandhan Equity Savings Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Viraj Kulkarni, Harshal Joshi, Sachin Relekar. This fund gives you the benefit of diversification.
Key Parameters
- Bandhan Equity Savings Fund Direct Plan Growth has ₹106 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Bandhan Equity Savings Fund Direct Plan Growth Overview
 | 0.49% |
 Benchmark | Crisil Equity Savings Index TR INR |
 | ₹106 Cr |
 | 1 January, 2014 |
 | ₹1000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 21.72% |
Bandhan Equity Savings Fund Direct Plan Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
25.6%
Tech
13.5%
Health
11.5%
Basic Materials
9.9%
Consumer Defensive
9.8%
Consumer Cyclical
8.6%
Utilities
7.8%
Energy
7.8%
Industrial
4.5%
Communication
1%
Top Holdings of Bandhan Equity Savings Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings57
Debt Holdings6
Bandhan Equity Savings Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 102.1 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Equity Savings Fund Direct Plan Growth Fund Manager
Viraj Kulkarni
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 1 July 2022
Top funds managed
Harshal Joshi
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 20 October 2016
Top funds managed
Sachin Relekar
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 8 December 2020
Top funds managed
Bandhan Equity Savings Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.65% since inception which is less than its category average return of 7.97%
Fund Allocations
This fund has an allocation of 20.67% in Equity, 16.92% in Debt and 62.39% in Cash related instruments
AUM size ₹106 Cr
This fund has AUM of ₹106 Cr which is less than its category average of ₹ 1219 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of Bandhan Equity Savings Fund Direct Plan Growth is ₹31.28 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Bandhan Equity Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 5.22% | 5.22% |
1 Year Returns | 12.13% | 12.13% |
3 Years Returns | 27.68% | 8.49% |
5 Years Returns | 49.81% | 8.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.49% as on March 2024
₹106 Cr as on March 2024
Bandhan Liquid Dir Gr(8.61%), HDFC Bank Ltd(7.3%), Tata Power Co Ltd(4.77%), Power Finance Corporation Ltd.(4.71%), National Bank For Agriculture And Rural Development(4.7%) as on March 2024
Cash Equivalent(60.2%), Corporate(10.48%), Government(8.64%) as on March 2024
AAA | 100 |
Viraj Kulkarni, Harshal Joshi, Sachin Relekar are the fund managers of Bandhan Equity Savings Fund Direct Plan Growth
The Exit load of Bandhan Equity Savings Fund Direct Plan Growth is 0.25%