Bandhan Sterling Value Fund Direct Growth

Bandhan Sterling Value Fund Direct Growth

Equity

Direct

Value

NAV as on 11-12-2024

₹ 170.28

Inception Returns

18.7%

/yr

About Bandhan Sterling Value Fund Direct Growth

Bandhan Sterling Value Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Daylynn Pinto. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Sterling Value Fund Direct Growth has ₹10036 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Sterling Value Fund Direct Growth has given a CAGR return of 18.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.52%, 21.38% and 28.10% respectively.

Holdings

Bandhan Sterling Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Energy, Utilities, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Axis Bank Ltd, ICICI Bank Ltd, Infosys Ltd

Taxation

As it is a value 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 Sterling Value Fund Direct Growth

The investment objective of the Scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following a value investment strategy.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3595 people have invested ₹ 2.4Cr in Bandhan Sterling Value Fund Direct Growth in the last three months

INDmoney Rank for Bandhan Sterling Value Fund Direct Growth

Powered by IND quant engine
9
/13
50% Performance
24% Risk Management
92% Cost
9 out of 13 among value
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category
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Poor track record of protecting capital in bear phase
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Poor track record of Recovering losses quickly

Bandhan Sterling Value Fund Direct Growth Overview

Expense ratio0.69%
Benchmark
S&P BSE 500 India TR INR
AUM₹10036 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
29.34%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (11-Dec-24)

Period
Bandhan Sterling Value Fund Direct Growth
Nifty 500
value
1M
2.6%
3.4%
2.9%
3M
-1.4%
-0.7%
-1.1%
6M
6%
6.9%
8.7%
1Y
28.5%
24.4%
31.6%
3Y
21.4%
15.5%
21%
5Y
28.1%
19.4%
23.5%

Fund Distribution

as on (31-Oct-24)

  • Equity 93.4%

  • Debt & Cash 6.6%

Large cap
59.5%

Small cap
16.6%

Mid cap
15.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.9%
Consumer Cyclical
12.9%
Industrial
10.6%
Tech
9.2%
Consumer Defensive
8.4%
Basic Materials
8.3%
Health
8%
Energy
6.4%
Utilities
5%
Real Estate
1.9%
Communication
1.2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.79%
1.76%
1.30%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.79% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.73% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 10.6K Cr
₹ 10.4K Cr
₹ 10.4K Cr
  • AUM of the fund stands at 10.6K Cr as of Oct'24
  • AUM increased by 188.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.87% to 5.71%
HDFC Bank Ltd's allocation increased from 4.87% to 5.71%
V-Mart Retail Ltd's allocation increased from 1.6% to 1.97%
V-Mart Retail Ltd's allocation increased from 1.6% to 1.97%
ICICI Bank Ltd's allocation increased from 3.54% to 3.86%
ICICI Bank Ltd's allocation increased from 3.54% to 3.86%
Top Stocks sold last month
Jindal Steel & Power Ltd's allocation decreased from 2.33 % to 2.29 %
Jindal Steel & Power Ltd's allocation decreased from 2.33 % to 2.29 %
CG Power & Industrial Solutions Ltd's allocation decreased from 2.34 % to 2.18 %
CG Power & Industrial Solutions Ltd's allocation decreased from 2.34 % to 2.18 %
Tata Consultancy Services Ltd's allocation decreased from 2.19 % to 2.17 %
Tata Consultancy Services Ltd's allocation decreased from 2.19 % to 2.17 %
Mid Cap allocation has gone down from 15.8% to 15.6%
Mid Cap allocation has gone down from 15.8% to 15.6%
Large Cap allocation has gone down from 60.5% to 59.4%
Large Cap allocation has gone down from 60.5% to 59.4%
Small Cap allocation has gone down from 17.1% to 16.7%
Small Cap allocation has gone down from 17.1% to 16.7%
Cash allocation has gone up from 4.9% to 6.5%
Cash allocation has gone up from 4.9% to 6.5%

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

Oct'24
Financial Services
28%
Consumer Cyclical
13%
Industrial
11%
Sep'24
Financial Services
27%
Consumer Cyclical
14%
Industrial
11%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
72
74
74
Top 5 Company Concentration
20.7%
19.2%
19.2%
Company having highest exposure
HDFC Bank Ltd (5.7%)
HDFC Bank Ltd (4.9%)
HDFC Bank Ltd (4.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
69%
69.8%
69.8%
Sector having highest exposure
Financial Services (27.9%)
Financial Services (27.7%)
Financial Services (26.7%)
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Daylynn Pinto
Daylynn Pinto
Fund Manager of Bandhan Sterling Value Fund Direct Growth, since 20 October 2016
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

Mutual Fund Insights

Insights icon
In the last 1 year, Axis Value Fund Direct Growth has given 38.53% return, outperforming this fund by 10.01%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 11.5% moving from 0.78 to 0.69.
Insights icon
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.33%.
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In the last 3 years, JM Value Fund (Direct) - Growth has given 27.29% return, outperforming this fund by 5.91% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.3% drop in AUM moving from 10.60K Cr to 10.03K Cr.

Bandhan Sterling Value 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 18.74% since inception which is more than its category average return of 18.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.41% in Equity, 0% in Debt and 6.59% in Cash related instruments
AUM size ₹10036 Cr

AUM size ₹10036 Cr

This fund has AUM of ₹10036 Cr which is more than its category average of ₹ 5395 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.44%

Frequently Asked Questions for Bandhan Sterling Value Fund Direct Growth

The current NAV of Bandhan Sterling Value Fund Direct Growth is ₹170.28 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Bandhan Sterling Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.58%
2.58%
6 Month Returns
6.01%
6.01%
1 Year Returns
28.52%
28.52%
3 Years Returns
78.85%
21.38%
5 Years Returns
244.9%
28.1%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on November 2024
₹10036 Cr as on November 2024
HDFC Bank Ltd(5.9%), Reliance Industries Ltd(4.76%), Axis Bank Ltd(4.07%), ICICI Bank Ltd(3.88%), Infosys Ltd(2.59%) as on November 2024
Financial Services(26.04%), Consumer Cyclical(11.92%), Industrial(10%) as on November 2024
The alpha ratio for the Bandhan Sterling Value Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Sterling Value Fund Direct Growth
2.88
4.95
4.81
As on November 2024
The alpha for Bandhan Sterling Value 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 Sterling Value Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Sterling Value Fund Direct Growth
0.93
0.95
1.16
As on November 2024
The Beta for Bandhan Sterling Value 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 Sterling Value Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bandhan Sterling Value Fund Direct Growth
1.62
1.09
0.92
As on November 2024
The sharpe ratio for Bandhan Sterling Value 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 Sterling Value Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bandhan Sterling Value Fund Direct Growth
12.22
13.68
23.82
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 1.93 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.04 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Daylynn Pinto is the fund manager of Bandhan Sterling Value Fund Direct Growth
The Exit load of Bandhan Sterling Value Fund Direct Growth is 1%