Bandhan Core Equity Fund Direct Plan Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 131.85 as on 15-05-2024
About the Fund
Bandhan Core Equity Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Manish Gunwani. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Core Equity Fund Direct Plan Growth has ₹4395 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Fund Performance
1433 people have invested ₹ 88L in Bandhan Core Equity Fund Direct Plan Growth in the last three months
Overview
 | 0.75% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹4395 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 71.24% |
Bandhan Core Equity Fund Direct Plan Growth Distribution as on (30-Apr-24)
Size breakup
Mid cap
40.6%
Large cap
38%
Small cap
16.2%
Sector Allocation
Financial Services
26.9%
Industrial
17.8%
Consumer Cyclical
17.1%
Basic Materials
8%
Health
7%
Energy
6.8%
Tech
4.8%
Utilities
3.7%
Communication
3.6%
Real Estate
2.9%
Consumer Defensive
1.5%
Top Holdings of Bandhan Core Equity Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings103
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 35.9% |
 Exide Industries Ltd | 12.8% |
 Aditya Birla Fashion & Retail Ltd | 12.4% |
Top Losers | 1M Return |
|---|---|
 L&T Technology Services Ltd | -18% |
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 6.12% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
- This fund outperformed NIFTY 500 by 3.66% in Apr'24
AUM Change
- AUM of the fund stands at 4K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.22%.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.62% return, outperforming this fund by 11.33%.
Over the last 1 year, this fund has decreased expense ratio by 13.8% moving from 0.87 to 0.75.
Over the last 6 months, this fund has experienced a 52.1% growth in AUM moving from 2.88K Cr to 4.39K Cr.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.46% return, outperforming this fund by 6.32% per annum.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.3% return, outperforming this fund by 3.21% per annum.
INDmoney Rank
Powered by IND quant engine
3
/21
84% Performance
44% Risk Management
64% Cost
3 out of 21 among large & mid-cap
Pros
Generated Consistent Returns
Outperformed benchmarks during bull run
5Y returns in the top 25% of the category
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Manish Gunwani
Fund Manager of Bandhan Core Equity Fund Direct Plan Growth, since 28 January 2023
Top funds managed
Bandhan Core Equity Fund Direct Plan Growth 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 16.64% since inception which is more than its category average return of 16.13%
Fund Allocations
This fund has an allocation of 94.84% in Equity, 0% in Debt and 5.16% in Cash related instruments
AUM size ₹4395 Cr
This fund has AUM of ₹4395 Cr which is less than its category average of ₹ 6434 Cr
Expense Ratio 0.75%
This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Bandhan Core Equity Fund Direct Plan Growth is ₹131.85 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Bandhan Core Equity Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.59% | 1.59% |
6 Month Returns | 26.99% | 26.99% |
1 Year Returns | 54.29% | 54.29% |
3 Years Returns | 105.24% | 27.08% |
5 Years Returns | 183.21% | 23.15% |
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.
0.75% as on April 2024
₹4395 Cr as on April 2024
ICICI Bank Ltd(4.11%), Reliance Industries Ltd(3.56%), HDFC Bank Ltd(3.15%), Infosys Ltd(2.1%), Maruti Suzuki India Ltd(2.08%) as on April 2024
Financial Services(25.49%), Industrial(16.89%), Consumer Cyclical(16.17%) as on April 2024
The alpha ratio for the Bandhan Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Core Equity Fund Direct Plan Growth | 10.2 | 4.89 | 1.65 |
As on April 2024
The alpha for Bandhan Core Equity Fund Direct Plan Growth is calculated against S&P BSE 200 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 Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Core Equity Fund Direct Plan Growth | 0.97 | 0.93 | 0.98 |
As on April 2024
The Beta for Bandhan Core Equity Fund Direct Plan Growth is calculated with S&P BSE 200 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 Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Core Equity Fund Direct Plan Growth | 3.74 | 1.54 | 0.87 |
As on April 2024
The sharpe ratio for Bandhan Core Equity Fund Direct Plan Growth is calculated with S&P BSE 200 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 Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Core Equity Fund Direct Plan Growth | 10.96 | 13.23 | 19.91 |
As on April 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 3.13 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.1 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Manish Gunwani is the fund manager of Bandhan Core Equity Fund Direct Plan Growth
The Exit load of Bandhan Core Equity Fund Direct Plan Growth is 1%