Bandhan US Equity Fund of Fund Direct Growth
Bandhan US Equity Fund of Fund Direct Growth

Bandhan US Equity Fund of Fund Direct Growth

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Equity
Direct
Global - Other

NAV: ₹ 10 as on 01-06-2023

Fund Performance
zero opening, trading, fund transfer fee
513 people have invested ₹ 14.2L in Bandhan US Equity Fund of Fund Direct Growth in the last three months

Fund Insights

Insights icon

In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 43.99% return, outperforming Bandhan US Equity Fund of Fund Direct Growth by 29.94%

About the Fund

Bandhan US Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 20 August, 2021. The fund is managed by Nishita Doshi, Harshal Joshi. The fund could potentially beat inflation in the long-run.

Key parameters

1) Bandhan US Equity Fund of Fund Direct Growth has a NAV of 9.957 as on 01-06-2023.

2) Bandhan US Equity Fund of Fund Direct Growth has 332 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.

3) The fund has an expense ratio 1.4 %.

Bandhan US Equity Fund of Fund Direct Growth Overview

Expense ratio
Expense ratio
1.4%
Benchmark
Benchmark
Russell 1000 Growth Net 30%
AUM
AUM
₹332 Cr
Inception Date
Inception Date
20 August, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0.86%

Fund Distribution as on (30-Apr-23)

  • Equity 96%

  • Debt & Cash 4%

Size breakup

Large cap
85.4%
Mid cap
10.6%

Sector Allocation

Apr'23

Mar'23

Feb'23

Tech

40.4%

Consumer Cyclical

18.5%

Health

13.9%

Communication

9.3%

Financial Services

5.6%

Industrial

5.1%

Energy

2.6%

Consumer Defensive

2.4%

Basic Materials

2.2%

Top Holdings of Bandhan US Equity Fund of Fund Direct Growth as on (31-May-23)

  • Debt & Cash

Debt Holdings3
Holdings
Weight%
1M Change
Triparty Repo
Triparty Repo
2.19%
0%
Net Current Assets
Net Current Assets
0.66%
0%
Cash Margin - Ccil
Cash Margin - Ccil
0.01%
0%

Bandhan US Equity Fund of Fund Direct Growth Fund Manager

Nishita Doshi

Nishita Doshi

Fund Manager of Bandhan US Equity Fund of Fund Direct Growth, since 1 July 2022
Harshal Joshi

Harshal Joshi

Fund Manager of Bandhan US Equity Fund of Fund Direct Growth, since 20 August 2021

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 96.03% in Equity, 0% in Debt and 3.97% in Cash related instruments
AUM size ₹332 Cr

AUM size ₹332 Cr

This fund has AUM of ₹332 Cr which is less than its category average of ₹ 445 Cr
Expense Ratio 1.4%

Expense Ratio 1.4%

This fund has an expense ratio of 1.4% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Bandhan US Equity Fund of Fund Direct Growth is ₹9.96 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
Bandhan US Equity Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.17%
7.17%
6 Month Returns
8.74%
8.74%
1 Year Returns
14.05%
14.05%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.4% as on May 2023
₹332 Cr as on May 2023
Tech(40.98%), Consumer Cyclical(17.35%), Health(13.35%) as on May 2023
The alpha ratio for the Bandhan US Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan US Equity Fund of Fund Direct Growth
-
-
-
As on May 2023
The alpha for Bandhan US Equity Fund of Fund Direct Growth is calculated against Russell 1000 Growth Net 30%. 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 US Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan US Equity Fund of Fund Direct Growth
-
-
-
As on May 2023
The Beta for Bandhan US Equity Fund of Fund Direct Growth is calculated with Russell 1000 Growth Net 30%. 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 US Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bandhan US Equity Fund of Fund Direct Growth
-
-
-
As on May 2023
The sharpe ratio for Bandhan US Equity Fund of Fund Direct Growth is calculated with Russell 1000 Growth Net 30%. 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 US Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bandhan US Equity Fund of Fund Direct Growth
18.55
-
-
As on May 2023
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.
Nishita Doshi, Harshal Joshi are the fund managers of Bandhan US Equity Fund of Fund Direct Growth
The Exit load of Bandhan US Equity Fund of Fund Direct Growth is 1%