Bandhan Business Cycle Fund Direct Growth

Bandhan Business Cycle Fund Direct Growth

Equity

Equity - Other

NAV as on 23-04-2025

₹ 9.65

▲0.3%

1D

Inception Returns

-3.5%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
412 people have invested ₹ 17.2L in Bandhan Business Cycle Fund Direct Growth in the last three months

About Bandhan Business Cycle Fund Direct Growth

Bandhan Business Cycle Fund Direct Growth is an equity fund. This fund was started on 30 September, 2024. The fund is managed by Harshal Joshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Business Cycle Fund Direct Growth has ₹1588 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Bandhan Business Cycle Fund Direct Growth has given a CAGR return of -3.48% since inception.

Holdings

Bandhan Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Health, Tech, Utilities, Consumer Cyclical, Communication, Energy, Real Estate, Consumer Defensive. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, Bajaj Finance Ltd, Infosys Ltd, NTPC Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Bandhan Business Cycle Fund Direct Growth

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Minimum Investment and lockin period

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

Bandhan Business Cycle Fund Direct Growth Overview

Expense ratio0.8%
Benchmark
Nifty 500 TR INR
AUM₹1588 Cr
Inception Date30 September, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
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 (23-Apr-25)

Period
Bandhan Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
4.8%
4.5%
-
3M
3.4%
3.2%
-
6M
-1%
-2.6%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 96.3%

  • Debt & Cash 3.7%

Large cap
51.6%
Small cap
23.8%
Mid cap
20.9%
Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
32.3%
Industrial
15.9%
Basic Materials
11.4%
Health
8.7%
Tech
8%
Utilities
7.6%
Consumer Cyclical
7%
Communication
2.7%
Energy
2.3%
Real Estate
2.2%
Consumer Defensive
1.9%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
7.77%
-8.19%
-4.81%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 7.77% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund outperformed Nifty 500 by 0.52% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.6K Cr
₹ 1.5K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.6K Cr as of Mar'25
  • AUM increased by 95.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Fortis Healthcare Ltd's allocation increased from 1% to 1.34%
Fortis Healthcare Ltd's allocation increased from 1% to 1.34%
Wockhardt Ltd's allocation increased from 1.96% to 2.27%
Wockhardt Ltd's allocation increased from 1.96% to 2.27%
PB Fintech Ltd's allocation increased from 0.24% to 0.5%
PB Fintech Ltd's allocation increased from 0.24% to 0.5%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.27 % to 5.23 %
HDFC Bank Ltd's allocation decreased from 5.27 % to 5.23 %
Bajaj Finance Ltd's allocation decreased from 3.38 % to 2.83 %
Bajaj Finance Ltd's allocation decreased from 3.38 % to 2.83 %
Infosys Ltd's allocation decreased from 3.01 % to 2.63 %
Infosys Ltd's allocation decreased from 3.01 % to 2.63 %
Mid Cap allocation has gone down from 21.3% to 20.9%
Mid Cap allocation has gone down from 21.3% to 20.9%
Large Cap allocation has gone down from 51.8% to 51.6%
Large Cap allocation has gone down from 51.8% to 51.6%
Small Cap allocation has gone up from 23% to 23.8%
Small Cap allocation has gone up from 23% to 23.8%
Cash allocation has gone down from 3.9% to 3.7%
Cash allocation has gone down from 3.9% to 3.7%

Top 3 Sectors in March were Financial Services, Industrial & Basic Materials

Mar'25
Financial Services
32%
Industrial
16%
Basic Materials
11%
Feb'25
Financial Services
33%
Industrial
15%
Basic Materials
11%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.23%
0%
Axis Bank Ltd
Axis Bank Ltd
3.71%
0%
Bajaj Finance Ltd
Bajaj Finance Ltd
2.83%
-14.9%
Infosys Ltd
Infosys Ltd
2.63%
0%
NTPC Ltd
NTPC Ltd
2.48%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Bandhan Business Cycle Fund Direct Growth
Bandhan Business Cycle Fund Direct Growth
-
-
-
-3.48%
Sundaram Services Direct Growth
Sundaram Services Direct Growth
17.98%
18.79%
29.73%
21.41%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
15.43%
24.31%
35.97%
23.21%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
11.18%
22.03%
-
23.03%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Power Mech Projects Ltd
Power Mech Projects Ltd
12.3%
HDFC Bank Ltd
HDFC Bank Ltd
9%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
105
102
104
Top 5 Company Concentration
16.9%
18.2%
15.8%
Company having highest exposure
HDFC Bank Ltd (5.2%)
HDFC Bank Ltd (5.3%)
HDFC Bank Ltd (4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
76.3%
76.3%
77.3%
Sector having highest exposure
Financial Services (32.3%)
Financial Services (33%)
Financial Services (31.9%)
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Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Business Cycle Fund Direct Growth, since 30 September 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bandhan Liquid Fund - Direct Plan - Growth
6.89%
6.43%
Bandhan Arbitrage Fund - Direct Plan - Growth
7.4%
6.48%
Bandhan Low Duration Fund Direct Plan Growth
6.97%
6.52%
Fund House
Bandhan Asset Management Company Limited
Total Schemes
68
See all Bandhan schemes
Total AUM
₹1.63L Cr
as on 31-Mar-2025
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 Business Cycle Fund Direct Growth 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 96.34% in Equity, 0% in Debt and 3.66% in Cash related instruments
AUM size ₹1588 Cr

AUM size ₹1588 Cr

This fund has AUM of ₹1588 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 0.8%

Expense Ratio 0.8%

This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.3%

More funds from Bandhan

Frequently Asked Questions for Bandhan Business Cycle Fund Direct Growth

The current NAV of Bandhan Business Cycle Fund Direct Growth is ₹9.65 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
Bandhan Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.81%
4.81%
6 Month Returns
-0.97%
-0.97%
1 Year Returns
0%
0%
3 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.
0.8% as on March 2025
₹1588 Cr as on March 2025
HDFC Bank Ltd(5.23%), Axis Bank Ltd(3.71%), Bajaj Finance Ltd(2.83%), Infosys Ltd(2.63%), NTPC Ltd(2.48%) as on March 2025
Financial Services(31.13%), Industrial(15.29%), Basic Materials(11.01%) as on March 2025
The alpha ratio for the Bandhan Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Business Cycle Fund Direct Growth
-
-
-
As on March 2025
The alpha for Bandhan Business Cycle Fund Direct Growth is calculated against Nifty 500 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Business Cycle Fund Direct Growth
-
-
-
As on March 2025
The Beta for Bandhan Business Cycle Fund Direct Growth is calculated with Nifty 500 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bandhan Business Cycle Fund Direct Growth
-
-
-
As on March 2025
The sharpe ratio for Bandhan Business Cycle Fund Direct Growth is calculated with Nifty 500 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bandhan Business Cycle Fund Direct Growth
-
-
-
As on March 2025
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 is the fund manager of Bandhan Business Cycle Fund Direct Growth
The Exit load of Bandhan Business Cycle Fund Direct Growth is 0.5%