Bandhan Equity Savings Fund Direct Growth

Bandhan Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Harshal Joshi, Brijesh Shah, Ritika Behera, Viraj Kulkarni, Kapil Kankonkar, Gaurav Satra. This fund gives you the benefit of diversification.

1. Bandhan Equity Savings Fund Direct Growth has ₹333 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Bandhan Equity Savings Fund Direct Growth has given a CAGR return of 7.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.94%, 8.58% and 9.29% respectively.

Bandhan Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Basic Materials, Consumer Cyclical, Consumer Defensive, Tech, Health, Energy, Corporate, Industrial, Utilities, Communication.

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Equity Savings Fund Direct Growth has no lock in period.