Bandhan Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
Bandhan Flexi Cap Fund Direct Growth

About the Fund

Bandhan Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Relekar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Flexi Cap Fund Direct Growth has ₹6980 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

Bandhan Flexi Cap Fund Direct Growth has given a CAGR return of 15.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.33%, 18.14% and 16.91% respectively.

Holdings

Bandhan Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Consumer Defensive, Energy, Tech, Health, Basic Materials, Utilities, Communication, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC 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 benefit
Dividends 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.

Fund Performance
zero opening, trading, fund transfer fee
479 people have invested ₹ 80.9L in Bandhan Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
14
/18
26% Performance
40% Risk Management
27% Cost
14 out of 18 among flexi cap
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Beats FD returns for both 3Y & 5Y
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5Y returns in the bottom 25% of the category

Fund Overview

Expense ratio1.16%
Benchmark
S&P BSE 500 India TR INR
AUM₹6980 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
16.38%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 90.4%

  • Debt & Cash 9.6%

Large cap
69.5%

Mid cap
15.6%

Small cap
9.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
30.4%
Industrial
14.7%
Consumer Cyclical
13.2%
Consumer Defensive
7.3%
Energy
7.2%
Tech
7.2%
Health
5.4%
Basic Materials
5.1%
Utilities
4.4%
Communication
3.4%
Real Estate
1.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sachin Relekar
Sachin Relekar
Fund Manager of Bandhan Flexi Cap Fund Direct Growth, since 8 December 2020

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 3.6% moving from 1.12 to 1.16.
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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 69.52% return, outperforming this fund by 32.19%.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 34.27% return, outperforming this fund by 17.36% per annum.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.17%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.72% return, outperforming this fund by 13.59% per annum.

Bandhan Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 15.58% since inception which is less than its category average return of 20.65%
Fund Allocations

Fund Allocations

This fund has an allocation of 90.4% in Equity, 0% in Debt and 9.6% in Cash related instruments
AUM size ₹6980 Cr

AUM size ₹6980 Cr

This fund has AUM of ₹6980 Cr which is less than its category average of ₹ 7822 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Bandhan Flexi Cap Fund Direct Growth is ₹213.07 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
Bandhan Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.11%
7.11%
6 Month Returns
17.66%
17.66%
1 Year Returns
37.33%
37.33%
3 Years Returns
64.88%
18.14%
5 Years Returns
118.41%
16.91%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1.16% as on May 2024
₹6980 Cr as on May 2024
ICICI Bank Ltd(6.62%), HDFC Bank Ltd(4.92%), Reliance Industries Ltd(3.78%), Infosys Ltd(2.79%), Axis Bank Ltd(2.66%) as on May 2024
Financial Services(27.45%), Industrial(13.27%), Consumer Cyclical(11.98%) as on May 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
3.14
0.33
-0.93
As on May 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
0.86
0.88
0.88
As on May 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
2.43
0.91
0.62
As on May 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
9.66
12.08
17.59
As on May 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 1.67 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sachin Relekar is the fund manager of Bandhan Flexi Cap Fund Direct Growth
The Exit load of Bandhan Flexi Cap Fund Direct Growth is 1%