Bandhan Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 11-12-2024
₹ 222.69
▲0.1%
1D
Inception Returns
15.4%
/yr
About Bandhan Flexi Cap Fund Direct Growth
Bandhan Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Manish Gunwani, Viraj Kulkarni. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Flexi Cap Fund Direct Growth has ₹7334 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
Bandhan Flexi Cap Fund Direct Growth has given a CAGR return of 15.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.48%, 14.72% and 17.68% respectively.
Holdings
Bandhan Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Consumer Defensive, Basic Materials, Health, Energy, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Axis Bank Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Bandhan Flexi Cap Fund Direct Growth
The Scheme shall seek to generate long-term capital growth by investing in a diversified portfolio of equity and equity related instruments across market capitalization – large cap, mid cap and small cap, fixed income securities and Money Market Instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
530 people have invested ₹ 1.1Cr in Bandhan Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for Bandhan Flexi Cap Fund Direct Growth
Powered by IND quant engine
19
/20
25% Performance
30% Risk Management
19% Cost
19 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Bandhan Flexi Cap Fund Direct Growth Overview
| Expense ratio | 1.17% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹7334 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 71.57% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (11-Dec-24)
Fund Distribution
as on (31-Oct-24)
Large cap
72.7%
Mid cap
13.6%
Small cap
8.3%
Sector Allocation
Financial Services
31.2%
Consumer Cyclical
13.3%
Tech
10.7%
Industrial
8.5%
Consumer Defensive
8.5%
Basic Materials
7.3%
Health
6.7%
Energy
5.7%
Communication
4.2%
Utilities
2.6%
Real Estate
1.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.51% in Oct'24
- AUM of the fund stands at 7.3K Cr as of Oct'24
- AUM decreased by 583.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.44% to 7.81%
Nestle India Ltd's allocation increased from 0.04% to 1.23%
Tata Consultancy Services Ltd's allocation increased from 1.84% to 2.99%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.75 % to 4.11 %
Maruti Suzuki India Ltd's allocation decreased from 1.91 % to 1.8 %
Larsen & Toubro Ltd's allocation decreased from 2.27 % to 1.8 %
Large Cap allocation has gone up from 70.7% to 73.3%
Small Cap allocation has gone down from 9.8% to 8.8%
Mid Cap allocation has gone down from 16.9% to 14.3%
Cash allocation has gone up from 2.6% to 3.1%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
31%
Consumer Cyclical
13%
Tech
11%
Sep'24
Financial Services
30%
Consumer Cyclical
15%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.81% | 6.5% | |
 ICICI Bank Ltd | 7.27% | 0% | |
 Reliance Industries Ltd | 4.6% | 4.1% | |
 Infosys Ltd | 4.11% | -9.5% | |
 Axis Bank Ltd | 3.12% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 14.2% |
 HDFC Bank Ltd | 5.9% |
 Infosys Ltd | 3.4% |
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Manish Gunwani
Fund Manager of Bandhan Flexi Cap Fund Direct Growth, since 24 January 2024
Top funds managed
Viraj Kulkarni
Fund Manager of Bandhan Flexi Cap Fund Direct Growth, since 24 January 2024
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total Schemes
Total AUM
₹1.6L Cr
as on 31-Oct-2024
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com
Mutual Fund Insights
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 52.46% return, outperforming this fund by 27.98%.
Over the last 1 month, this fund has experienced a 7.4% drop in AUM moving from 7.91K Cr to 7.33K Cr.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.96% return, outperforming this fund by 16.28% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 28.6% return, outperforming this fund by 13.88% per annum.
Over the last 1 month, this fund has increased expense ratio by 2.6% moving from 1.14 to 1.17.
Bandhan Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.36% since inception which is less than its category average return of 20.42%
Fund Allocations
This fund has an allocation of 95.36% in Equity, 0% in Debt and 4.64% in Cash related instruments
AUM size ₹7334 Cr
This fund has AUM of ₹7334 Cr which is less than its category average of ₹ 8788 Cr
Expense Ratio 1.17%
This fund has an expense ratio of 1.17% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Bandhan Flexi Cap Fund Direct Growth
The current NAV of Bandhan Flexi Cap Fund Direct Growth is ₹222.69 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Bandhan Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.25% | 2.25% |
6 Month Returns | 6.93% | 6.93% |
1 Year Returns | 24.48% | 24.48% |
3 Years Returns | 50.98% | 14.72% |
5 Years Returns | 125.7% | 17.68% |
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.
1.17% as on November 2024
₹7334 Cr as on November 2024
HDFC Bank Ltd(7.81%), ICICI Bank Ltd(7.27%), Reliance Industries Ltd(4.6%), Infosys Ltd(4.11%), Axis Bank Ltd(3.12%) as on November 2024
Financial Services(29.09%), Consumer Cyclical(12.59%), Tech(10.62%) as on November 2024
The alpha ratio for the Bandhan Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Flexi Cap Fund Direct Growth | -0.83 | -0.97 | -0.87 |
As on November 2024
The alpha for Bandhan Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bandhan Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 0.95 | 0.94 | 0.89 |
As on November 2024
The Beta for Bandhan Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bandhan Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 1.32 | 0.67 | 0.69 |
As on November 2024
The sharpe ratio for Bandhan Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bandhan Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 12.49 | 13.23 | 17.67 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.14 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Manish Gunwani, Viraj Kulkarni are the fund managers of Bandhan Flexi Cap Fund Direct Growth
The Exit load of Bandhan Flexi Cap Fund Direct Growth is 1%