Bandhan Core Equity Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 25-02-2025
₹ 135.6
1D
Inception Returns
15.8%
/yr
About Bandhan Core Equity Fund Direct Growth
Bandhan Core Equity Fund Direct 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 Growth has ₹7574 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Bandhan Core Equity Fund Direct Growth has given a CAGR return of 15.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.80%, 24.21% and 21.52% respectively.
Holdings
Bandhan Core Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Health, Basic Materials, Consumer Cyclical, Industrial, Consumer Defensive, Energy, Communication, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Bajaj Finserv Ltd
Taxation
As it is a large & mid-cap 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bandhan Core Equity Fund Direct Growth
The Scheme seeks to generate long-term capital growth by investing predominantly in large cap and mid cap stocks.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Core Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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12964 people have invested ₹ 6.2Cr in Bandhan Core Equity Fund Direct Growth in the last three months
INDmoney Rank for Bandhan Core Equity Fund Direct Growth
Powered by IND quant engine
1
/21
87% Performance
46% Risk Management
76% Cost
1 out of 21 among large & mid-cap
Generated Consistent Returns
Outperformed benchmarks during bull run
5Y returns in the top 25% of the category
Poor track record of Recovering losses quickly
Bandhan Core Equity Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹7574 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 160.27% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (25-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
46.3%
Mid cap
36.4%
Small cap
11.7%
Sector Allocation
Financial Services
25.6%
Tech
12.6%
Health
12.1%
Basic Materials
10.3%
Consumer Cyclical
9.8%
Industrial
9.1%
Consumer Defensive
7.5%
Energy
4.5%
Communication
3.8%
Real Estate
3.3%
Utilities
1.5%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 7.6K Cr as of Jan'25
- AUM increased by 348.1 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 0.49% to 1.47%
Indian Bank's allocation increased from 0.73% to 1.49%
ICICI Bank Ltd's allocation increased from 3.32% to 4.08%
Top Stocks sold last month
HCL Technologies Ltd's allocation decreased from 1.62 % to 1.47 %
Coforge Ltd's allocation decreased from 1.36 % to 1.26 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 1.38 % to 1.25 %
Mid Cap allocation has gone down from 36.6% to 36.4%
Large Cap allocation has gone up from 39.9% to 46.3%
Small Cap allocation has gone down from 13.2% to 11.7%
Cash allocation has gone down from 8% to 5.6%
Top 3 Sectors in January were Financial Services, Tech & Health
Jan'25
Financial Services
26%
Tech
13%
Health
12%
Dec'24
Financial Services
23%
Tech
14%
Health
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.08% | 24.5% | |
 HDFC Bank Ltd | 3.71% | 14.5% | |
 Infosys Ltd | 3.03% | 14.1% | |
 Bharti Airtel Ltd | 2.67% | 10.8% | |
 Bajaj Finserv Ltd | 2.56% | 20.7% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 UPL Ltd | 17.1% |
 Bajaj Finserv Ltd | 8.7% |
 Bank of India | 3.2% |
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Manish Gunwani
Fund Manager of Bandhan Core Equity Fund Direct Growth, since 28 January 2023
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total Schemes
Total AUM
₹1.66L Cr
as on 31-Jan-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
Mutual Fund Insights
In the last 1 year, Invesco India Large&MidCap Fund Direct Plan Growth has given 12.41% return, outperforming this fund by 3.61%.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.21%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 23.78% return, outperforming this fund by 2.26% per annum.
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 26.6% growth in AUM moving from 5.98K Cr to 7.57K Cr.
Over the last 6 months, this fund has decreased expense ratio by 15.5% moving from 0.71 to 0.60.
Bandhan Core Equity Fund Direct 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 15.85% since inception which is more than its category average return of 13.34%
Fund Allocations
This fund has an allocation of 94.43% in Equity, 0% in Debt and 5.57% in Cash related instruments
AUM size ₹7574 Cr
This fund has AUM of ₹7574 Cr which is more than its category average of ₹ 7469 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Bandhan Core Equity Fund Direct Growth
The current NAV of Bandhan Core Equity Fund Direct Growth is ₹135.6 as on 25-Feb-2025.
Existing (Absolute + CAGR) as on 25-Feb-2025.
Bandhan Core Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.37% | -3.37% |
6 Month Returns | -12.25% | -12.25% |
1 Year Returns | 8.8% | 8.8% |
3 Years Returns | 91.63% | 24.21% |
5 Years Returns | 164.99% | 21.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.6% as on January 2025
₹7574 Cr as on January 2025
ICICI Bank Ltd(4.08%), HDFC Bank Ltd(3.71%), Infosys Ltd(3.03%), Bharti Airtel Ltd(2.67%), Bajaj Finserv Ltd(2.56%) as on January 2025
Financial Services(24.13%), Tech(11.88%), Health(11.42%) as on January 2025
The alpha ratio for the Bandhan Core Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Core Equity Fund Direct Growth | 5.2 | 4.82 | 2.02 |
As on January 2025
The alpha for Bandhan Core Equity Fund Direct 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 Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Core Equity Fund Direct Growth | 1.09 | 0.97 | 0.98 |
As on January 2025
The Beta for Bandhan Core Equity Fund Direct 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 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 Growth | 0.7 | 1.04 | 0.87 |
As on January 2025
The sharpe ratio for Bandhan Core Equity Fund Direct 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 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 Growth | 14.36 | 14.41 | 20.16 |
As on January 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.
Sortino ratio is 1.87 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.48 as on January 2025. 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 Growth
The Exit load of Bandhan Core Equity Fund Direct Growth is 1%