Bandhan Equity Savings Fund Direct Plan Growth

Bandhan Equity Savings Fund Direct Plan Growth

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Hybrid
Direct
Equity Savings
NAV: ₹ 31.72 as on 24-05-2024

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 Sachin Relekar, Viraj Kulkarni, Harshal Joshi. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Equity Savings Fund Direct Plan Growth has ₹113 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
13 people have invested ₹ 81.1K in Bandhan Equity Savings Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
Crisil Equity Savings Index TR INR
AUM
AUM
₹113 Cr
Inception Date
Inception Date
1 January, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
21.72%

Bandhan Equity Savings Fund Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 21.2%

  • Debt & Cash 78.8%

Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
25.8%
Tech
12.7%
Health
11.5%
Basic Materials
9.8%
Consumer Defensive
9.5%
Consumer Cyclical
8.9%
Utilities
8.5%
Energy
7.7%
Industrial
4.4%
Communication
1.1%

Top Holdings of Bandhan Equity Savings Fund Direct Plan Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings57
Debt Holdings6

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 106 Cr
₹ 106 Cr
₹ 102.1 Cr
  • AUM of the fund stands at 106 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.39% which is lower than the category average expense ratio of 1.06%.
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In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.79% return, outperforming this fund by 5.37% per annum.
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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.2% return, outperforming this fund by 5.84% per annum.
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Over the last 6 months, this fund has experienced a 28.1% growth in AUM moving from 88.6 Cr to 113.46 Cr.
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In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.27% return, outperforming this fund by 12.53%.

Fund Manager

Sachin Relekar
Sachin Relekar
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 8 December 2020
Viraj Kulkarni
Viraj Kulkarni
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 1 July 2022
Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Equity Savings Fund Direct Plan Growth, since 20 October 2016

Bandhan Equity Savings Fund Direct Plan Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.72% since inception which is less than its category average return of 8.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 21.17% in Equity, 21.92% in Debt and 56.9% in Cash related instruments
AUM size ₹113 Cr

AUM size ₹113 Cr

This fund has AUM of ₹113 Cr which is less than its category average of ₹ 1280 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% 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 ₹31.72 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Bandhan Equity Savings Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.11%
1.11%
6 Month Returns
6.27%
6.27%
1 Year Returns
11.74%
11.74%
3 Years Returns
27.23%
8.36%
5 Years Returns
49.76%
8.41%
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.
0.39% as on April 2024
₹113 Cr as on April 2024
7.18% Govt Stock 2037(8.77%), Bandhan Liquid Dir Gr(8.09%), HDFC Bank Ltd(7.34%), Tata Power Co Ltd(5.08%), Aurobindo Pharma Ltd(4.47%) as on April 2024
Cash Equivalent(54.34%), Government(14.42%), Corporate(10.07%) as on April 2024
AAA
100
Sachin Relekar, Viraj Kulkarni, Harshal Joshi 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%