Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 15 as on 25-04-2024
Fund Performance
About the Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 18 August, 2022. The fund is managed by Harshal Joshi, Sachin Relekar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1102 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.6% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹1102 Cr |
 | 18 August, 2022 |
 | --/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 2.75% |
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Mid cap
66.6%
Large cap
14.6%
Small cap
13.5%
Sector Allocation
Consumer Cyclical
27.6%
Industrial
26.1%
Tech
10.8%
Financial Services
10.6%
Basic Materials
9.9%
Health
5.4%
Consumer Defensive
2.8%
Utilities
2.3%
Real Estate
2%
Communication
1.7%
Energy
0.9%
Top Holdings of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings78
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.35% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 2.51% in Mar'24
AUM Change
- AUM of the fund stands at 1.1K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Solar Industries India Ltd | 16.1% |
 CG Power & Industrial Solutions Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Persistent Systems Ltd | -2.1% |
Tata Technologies Ltd | 5.1% |
Peer Analysis
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Harshal Joshi
Fund Manager of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 18 August 2022
Top funds managed
Sachin Relekar
Fund Manager of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 18 August 2022
Top funds managed
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 27.16% since inception which is more than its category average return of 18.99%
Fund Allocations
This fund has an allocation of 94.69% in Equity, 0% in Debt and 5.31% in Cash related instruments
AUM size ₹1102 Cr
This fund has AUM of ₹1102 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹15 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 5.97% | 5.97% |
6 Month Returns | 24.69% | 24.69% |
1 Year Returns | 50.87% | 50.87% |
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.
0.6% as on March 2024
₹1102 Cr as on March 2024
Cummins India Ltd(3.92%), Trent Ltd(3.88%), CG Power & Industrial Solutions Ltd(2.93%), Indian Hotels Co Ltd(2.84%), Persistent Systems Ltd(2.59%) as on March 2024
Consumer Cyclical(26.09%), Industrial(24.71%), Tech(10.19%) as on March 2024
The alpha ratio for the Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | -1.78 | - | - |
As on March 2024
The alpha for Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against S&P BSE Midcap 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 Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 0.79 | - | - |
As on March 2024
The Beta for Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 2.74 | - | - |
As on March 2024
The sharpe ratio for Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | 12.39 | - | - |
As on March 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.
Harshal Joshi, Sachin Relekar are the fund managers of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Bandhan Midcap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%