Bandhan Equity Savings Fund Direct Plan Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 27.6 as on 22-03-2023
Fund Performance
7 people have invested ₹ 6.8K in mutual fund in the last three months
Fund Insights
In the last 1 year, Kotak Equity Savings Fund Direct Growth has given 6.55% return, outperforming Bandhan Equity Savings Fund Direct Plan Growth by 2.91%
In the last 3 years, Mahindra Manulife Equity Savings Fund Direct Growth has given 17.26% return, outperforming Bandhan Equity Savings Fund Direct Plan Growth by 5.03% per annum
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 9.92% return, outperforming Bandhan Equity Savings Fund Direct Plan Growth by 3.01% per annum
Bandhan Equity Savings Fund Direct Plan Growth has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.38% which is lower than the category average expense ratio of 1.18%
Bandhan Equity Savings Fund Direct Plan Growth Performance as on (22-Mar-23)
About the Fund
Bandhan Equity Savings Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Harshal Joshi, Viraj Kulkarni, Nemish Sheth, Nishita Doshi. This fund gives you the benefit of diversification.
Key parameters
1) Bandhan Equity Savings Fund Direct Plan Growth has a NAV of ₹27.569 as on 22-03-2023.
2) Bandhan Equity Savings Fund Direct Plan Growth has ₹99 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.38 %.
Bandhan Equity Savings Fund Direct Plan Growth Overview
 | 0.38% |
 Benchmark | Crisil Equity Savings Index TR INR |
 | ₹99 Cr |
 | 1 January, 2014 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 593.47% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
Financial Services
27.1%
Consumer Cyclical
15.5%
Tech
12.2%
Health
10.5%
Consumer Defensive
10.4%
Basic Materials
10.3%
Energy
6.5%
Utilities
4%
Industrial
2.5%
Communication
1%
Top Holdings of Bandhan Equity Savings Fund Direct Plan Growth as on (28-Feb-23)
Equity Holdings54
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Reliance Industries Ltd | 4.83% | 0% | |
 IndusInd Bank Ltd | 3.94% | 0% | |
 Tata Consultancy Services Ltd | 3.72% | 0% | |
 Bajaj Finance Ltd | 3.67% | 0% | |
 Tata Motors Ltd | 3.51% | 0% |
See all
Bandhan Equity Savings Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.20% whereas the fund’s underlying benchmark Equity Savings Index returns stands at -0.32% as on Feb'23
- This fund outperformed Equity Savings Index by 0.52% in Feb'23
AUM Change
- AUM of the fund stands at 98.5 Cr as of Feb'23
- AUM decreased by 1.2 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 4.06% to 4.84%
Tata Motors Ltd's allocation increased from 3.35% to 3.73%
Laurus Labs Ltd's allocation increased from 0.11% to 0.42%
Top Stocks sold last month
IndusInd Bank Ltd's allocation decreased from 4 % to 3.91 %
Tata Consultancy Services Ltd's allocation decreased from 4.49 % to 3.72 %
Bajaj Finance Ltd's allocation decreased from 4 % to 3.5 %
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Tech
Feb'23
Financial Services
27%
Consumer Cyclical
15%
Tech
12%
Jan'23
Financial Services
27%
Consumer Cyclical
16%
Tech
12%
Peer Analysis
Bandhan Equity Savings Fund Direct Plan Growth Fund Manager
Harshal Joshi
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 20 October 2016
Top funds managed
Viraj Kulkarni
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 1 July 2022
Top funds managed
Nemish Sheth
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 26 November 2021
Top funds managed
Nishita Doshi
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 1 July 2022
Top funds managed
Fund 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 7.1% since inception which is more than its category average return of 7.06%
Fund Allocations
This fund has an allocation of 21.8% in Equity, 3.26% in Debt and 74.93% in Cash related instruments
AUM size ₹99 Cr
This fund has AUM of ₹99 Cr which is less than its category average of ₹ 770 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of Bandhan Equity Savings Fund Direct Plan Growth is 27.53 as on 21-Mar-2023.
Existing (Absolute + CAGR)
Bandhan Equity Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.72% | -0.72% |
6 Month Returns | 0.96% | 0.96% |
1 Year Returns | 3.69% | 3.69% |
3 Years Returns | 41.17% | 12.18% |
5 Years Returns | 39.44% | 6.87% |
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.
0.38 as on February 2023
99 Cr as on February 2023
Reliance Industries Ltd(4.83%),IndusInd Bank Ltd(3.94%),Tata Consultancy Services Ltd(3.72%),Bajaj Finance Ltd(3.67%),Tata Motors Ltd(3.51%) as on February 2023
Cash Equivalent(73.01%),Financial Services(5.91%),Corporate(4.48%) as on February 2023
AAA | 100 |
Harshal Joshi,Viraj Kulkarni,Nemish Sheth,Nishita Doshi 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%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.