Bandhan Core Equity Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 27-01-2025
₹ 138.26
1D
Inception Returns
16.3%
/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 ₹7641 Cr worth of assets under management (AUM) as on Nov 2024 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 16.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.03%, 22.69% and 22.07% respectively.
Holdings
Bandhan Core Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Health, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Communication, Energy, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Reliance Industries 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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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12210 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
2
/21
85% Performance
42% Risk Management
76% Cost
2 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 | ₹7641 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 (27-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
39.9%
Mid cap
36.6%
Small cap
13.2%
Sector Allocation
Financial Services
23.1%
Tech
13.6%
Health
12.5%
Industrial
11.2%
Consumer Cyclical
11%
Basic Materials
8.9%
Consumer Defensive
5.1%
Communication
4.7%
Energy
4.6%
Real Estate
3.7%
Utilities
1.7%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.56% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 1.16% in Nov'24
- AUM of the fund stands at 7.3K Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 0.49% to 1.36%
Persistent Systems Ltd's allocation increased from 0.6% to 1.1%
Mid Cap allocation has gone up from 35.2% to 36.6%
Large Cap allocation has gone down from 40% to 39.9%
Small Cap allocation has gone down from 15.2% to 13.2%
Cash allocation has gone up from 7.6% to 8%
Top 3 Sectors in December were Financial Services, Tech & Industrial
Dec'24
Financial Services
23%
Tech
14%
Health
12%
Nov'24
Financial Services
24%
Tech
12%
Industrial
12%
See all
Top Losers | 1M Return |
|---|---|
 NMDC Ltd | -6.6% |
 Reliance Industries Ltd | 2.5% |
 LTIMindtree Ltd | 4.3% |
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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 29-Nov-2024
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, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.48% return, outperforming this fund by 8.45%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 23.6% return, outperforming this fund by 0.91% per annum.
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 1.2%.
Over the last 6 months, this fund has experienced a 42.5% growth in AUM moving from 5.36K Cr to 7.64K Cr.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 25.1% return, outperforming this fund by 3.03% per annum.
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 16.3% since inception which is more than its category average return of 14.78%
Fund Allocations
This fund has an allocation of 92.02% in Equity, 0% in Debt and 7.98% in Cash related instruments
AUM size ₹7641 Cr
This fund has AUM of ₹7641 Cr which is more than its category average of ₹ 7466 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions for Bandhan Core Equity Fund Direct Growth
The current NAV of Bandhan Core Equity Fund Direct Growth is ₹138.26 as on 27-Jan-2025.
Existing (Absolute + CAGR) as on 27-Jan-2025.
Bandhan Core Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.33% | -6.33% |
6 Month Returns | -5.31% | -5.31% |
1 Year Returns | 19.03% | 19.03% |
3 Years Returns | 84.66% | 22.69% |
5 Years Returns | 171.06% | 22.07% |
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 December 2024
₹7641 Cr as on December 2024
HDFC Bank Ltd(3.35%), ICICI Bank Ltd(3.32%), Infosys Ltd(2.63%), Bharti Airtel Ltd(2.33%), Reliance Industries Ltd(1.93%) as on December 2024
Financial Services(21.24%), Tech(12.52%), Health(11.46%) as on December 2024
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 | 9.18 | 6.2 | 2.49 |
As on December 2024
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 | 1.04 | 0.95 | 0.98 |
As on December 2024
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 | 1.63 | 1.25 | 0.96 |
As on December 2024
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 | 12.68 | 13.78 | 19.89 |
As on December 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 2.38 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.92 as on December 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 Growth
The Exit load of Bandhan Core Equity Fund Direct Growth is 1%