Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 04-12-2024

₹ 11.9

0.3%

1D

Inception Returns

18.6%

/yr

About Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 31 January, 2024. The fund is managed by Daylynn Pinto, Gautam Kaul, Viraj Kulkarni. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Multi Asset Allocation Fund Direct Growth has ₹1778 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Bandhan Multi Asset Allocation Fund Direct Growth has given a CAGR return of 18.60% since inception.

Holdings

Bandhan Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Tech, Industrial, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate.

Taxation

As it is a multi asset allocation 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bandhan Multi Asset Allocation Fund Direct Growth

The investment objective of the Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized, and the scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
301 people have invested ₹ 21.2L in Bandhan Multi Asset Allocation Fund Direct Growth in the last three months

Bandhan Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.45%
Benchmark
Nifty 500 TRI
AUM₹1778 Cr
Inception Date31 January, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
6.16%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (04-Dec-24)

Period
Bandhan Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
1.2%
-
3M
0.9%
-
6M
11.7%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 50.4%

  • Debt & Cash 28%

Large cap
42.3%

Small cap
12.7%

Mid cap
11.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
30%
Consumer Cyclical
12.6%
Tech
10.3%
Industrial
9.3%
Basic Materials
8.2%
Energy
7.9%
Consumer Defensive
7%
Health
6.4%
Utilities
3.8%
Communication
3%
Real Estate
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.8K Cr
₹ 1.7K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.8K Cr as of Oct'24
  • AUM increased by 50 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Government & Consumer Cyclical

Oct'24
Financial Services
30%
Government
29%
Consumer Cyclical
13%
Sep'24
Financial Services
29%
Government
29%
Consumer Cyclical
14%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
150
160
160
Top 5 Company Concentration
15.4%
14.4%
14.4%
Company having highest exposure
Reliance Industries Ltd (4.9%)
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.4%)
No of Sectors
12
12
13
Top 5 Sectors Concentration
90.8%
93.5%
92.4%
Sector having highest exposure
Financial Services (30%)
Financial Services (30.7%)
Financial Services (29.1%)
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Daylynn Pinto
Daylynn Pinto
Fund Manager of Bandhan Multi Asset Allocation Fund Direct Growth, since 31 January 2024
Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Multi Asset Allocation Fund Direct Growth, since 31 January 2024
Viraj Kulkarni
Viraj Kulkarni
Fund Manager of Bandhan Multi Asset Allocation Fund Direct Growth, since 31 January 2024
Fund House
Bandhan Asset Management Company Limited
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

Bandhan Multi Asset Allocation 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 returns of 18.60% since inception (31st January 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 50.37% in Equity, 8.01% in Debt and 19.99% in Cash related instruments
AUM size ₹1778 Cr

AUM size ₹1778 Cr

This fund has AUM of ₹1778 Cr which is less than its category average of ₹ 3859 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions for Bandhan Multi Asset Allocation Fund Direct Growth

The current NAV of Bandhan Multi Asset Allocation Fund Direct Growth is ₹11.9 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Bandhan Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.23%
1.23%
6 Month Returns
11.66%
11.66%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.45% as on November 2024
₹1778 Cr as on November 2024
7.3% Govt Stock 2053(8.01%), ICICI Prudential Silver ETF(6.39%), ICICI Pru Gold ETF(6.01%), Reliance Industries Ltd(4.86%), HDFC Bank Ltd(3.85%) as on November 2024
Cash Equivalent(35.43%), Financial Services(15.11%), Government(14.2%) as on November 2024
AAA
100
Daylynn Pinto, Gautam Kaul, Viraj Kulkarni are the fund managers of Bandhan Multi Asset Allocation Fund Direct Growth
The Exit load of Bandhan Multi Asset Allocation Fund Direct Growth is 0.5%