Bandhan Business Cycle Fund Direct Growth

Bandhan Business Cycle Fund Direct Growth

Equity

Equity - Other

NAV as on 28-03-2025

₹ 9.22

▼-0.5%

1D

Inception Returns

-7.8%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
434 people have invested ₹ 21.1L 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 ₹1492 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Business Cycle Fund Direct Growth has given a CAGR return of -7.78% since inception.

Holdings

Bandhan Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Tech, Health, Consumer Cyclical, Utilities, Communication, Real Estate, Energy, Consumer Defensive. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, Bajaj Finance Ltd, Infosys Ltd, UPL 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 ratio0.66%
Benchmark
IISL Nifty 500 TR INR
AUM₹1492 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 (28-Mar-25)

Period
Bandhan Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
7.8%
7.3%
-
3M
-5.9%
-4.9%
-

Fund Distribution

as on (28-Feb-25)

  • Equity 96.1%

  • Debt & Cash 3.9%

Large cap
51.8%
Small cap
23%
Mid cap
21.3%
Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
33%
Industrial
15.5%
Basic Materials
11.4%
Tech
8.6%
Health
7.9%
Consumer Cyclical
7.7%
Utilities
7.1%
Communication
2.6%
Real Estate
2.3%
Energy
2.3%
Consumer Defensive
1.7%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-0.22%
Nifty 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.5K Cr
₹ 1.7K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.5K Cr as of Feb'25
  • AUM decreased by 214.5 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.02% to 5.27%
HDFC Bank Ltd's allocation increased from 4.02% to 5.27%
One97 Communications Ltd's allocation increased from 0.34% to 1.01%
One97 Communications Ltd's allocation increased from 0.34% to 1.01%
City Union Bank Ltd's allocation increased from 0.64% to 1.29%
City Union Bank Ltd's allocation increased from 0.64% to 1.29%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.08 % to 3.01 %
Infosys Ltd's allocation decreased from 3.08 % to 3.01 %
Sundaram Clayton Ltd's allocation decreased from 2.12 % to 2.07 %
Sundaram Clayton Ltd's allocation decreased from 2.12 % to 2.07 %
Wockhardt Ltd's allocation decreased from 2.21 % to 1.96 %
Wockhardt Ltd's allocation decreased from 2.21 % to 1.96 %
Small Cap allocation has gone down from 24.7% to 23%
Small Cap allocation has gone down from 24.7% to 23%
Mid Cap allocation has gone up from 20% to 21.3%
Mid Cap allocation has gone up from 20% to 21.3%
Large Cap allocation has gone up from 47% to 51.8%
Large Cap allocation has gone up from 47% to 51.8%
Cash allocation has gone down from 4.2% to 3.9%
Cash allocation has gone down from 4.2% to 3.9%

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

Feb'25
Financial Services
33%
Industrial
15%
Basic Materials
11%
Jan'25
Financial Services
32%
Industrial
18%
Basic Materials
11%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.27%
18.2%
Axis Bank Ltd
Axis Bank Ltd
3.64%
0%
Bajaj Finance Ltd
Bajaj Finance Ltd
3.38%
0%
Infosys Ltd
Infosys Ltd
3.01%
0%
UPL Ltd
UPL Ltd
2.89%
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
-
-
-
-7.78%
Franklin India Opportunities Fund - Direct - Growth
Franklin India Opportunities Fund - Direct - Growth
16.57%
28.9%
35.33%
17.84%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
13.02%
24.84%
38.04%
22.76%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
8.1%
22.06%
-
22.6%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Jindal Steel & Power Ltd
Jindal Steel & Power Ltd
6.8%
Shriram Finance Ltd
Shriram Finance Ltd
5.6%
Bajaj Finance Ltd
Bajaj Finance Ltd
3.7%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
102
104
99
Top 5 Company Concentration
18.2%
15.8%
11.8%
Company having highest exposure
HDFC Bank Ltd (5.3%)
HDFC Bank Ltd (4%)
Axis Bank Ltd (3.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
76.3%
77.3%
76.7%
Sector having highest exposure
Financial Services (33%)
Financial Services (31.9%)
Financial Services (27.4%)
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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
6.8%
6.34%
Bandhan Low Duration Fund Direct Plan Growth
6.72%
6.23%
Bandhan Arbitrage Fund - Direct Plan - Growth
7.35%
6.48%
Fund House
Bandhan Asset Management Company Limited
Total Schemes
68
See all Bandhan schemes
Total AUM
₹1.67L Cr
as on 28-Feb-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 96.07% in Equity, 0% in Debt and 3.93% in Cash related instruments
AUM size ₹1492 Cr

AUM size ₹1492 Cr

This fund has AUM of ₹1492 Cr which is less than its category average of ₹ 2053 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.31%

More funds from Bandhan

Bandhan Infrastructure Fund - Direct Plan - Growth

Bandhan Infrastructure Fund - Direct Plan - Growth

5Y CAGR

▲ 39.70

Bandhan Small Cap Fund Direct Growth

Bandhan Small Cap Fund Direct Growth

5Y CAGR

▲ 38.34

Bandhan Core Equity Fund Direct Plan Growth

Bandhan Core Equity Fund Direct Plan Growth

5Y CAGR

▲ 32.36

Bandhan Multi Cap Fund Direct Growth

Bandhan Multi Cap Fund Direct Growth

3Y CAGR

▲ 18.14

Bandhan Sterling Value Fund Direct Plan Growth

Bandhan Sterling Value Fund Direct Plan Growth

5Y CAGR

▲ 37.34

Frequently Asked Questions for Bandhan Business Cycle Fund Direct Growth

The current NAV of Bandhan Business Cycle Fund Direct Growth is ₹9.22 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Bandhan Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.77%
7.77%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
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.
0.66% as on March 2025
₹1492 Cr as on March 2025
HDFC Bank Ltd(5.27%), Axis Bank Ltd(3.64%), Bajaj Finance Ltd(3.38%), Infosys Ltd(3.01%), UPL Ltd(2.89%) as on March 2025
Financial Services(31.67%), Industrial(14.87%), Basic Materials(10.97%) 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 IISL 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 IISL 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 IISL 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%