Bandhan Core Equity Fund Direct Growth

Bandhan Core Equity Fund Direct Growth

NAV as on 17-04-2025

₹ 144.42

1%

1D

Inception Returns

16.2%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
15350 people have invested ₹ 4.9Cr in Bandhan Core Equity Fund Direct Growth in the last three months

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

  1. Bandhan Core Equity Fund Direct Growth has ₹7967 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Bandhan Core Equity Fund Direct Growth has given a CAGR return of 16.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.78%, 22.91% and 30.21% respectively.

Holdings

Bandhan Core Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Consumer Defensive, Basic Materials, Communication, Real Estate, Utilities, Energy. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bajaj Finserv Ltd, One97 Communications Ltd, Avenue Supermarts 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 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 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.

Bandhan Core Equity Fund Direct Growth Overview

Expense ratio0.61%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹7967 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
160.27%
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

INDmoney Rank for Bandhan Core Equity Fund Direct Growth

Powered by IND quant engine
1
/21
89% Performance
56% Risk Management
76% Cost
1 out of 21 among large & mid-cap
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Generated Consistent Returns
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Consistently beats benchmark
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Lower probablity of downside risk
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No bad points found for this fund.

Trailing Returns

as on (17-Apr-25)

Period
Bandhan Core Equity Fund Direct Growth
NIFTY 500
large & mid-cap
1M
7.3%
2.9%
6.2%
3M
0.4%
-0.6%
-2.5%
6M
-6.8%
-7.5%
-8.8%
1Y
12.8%
6.4%
8.4%
3Y
22.9%
13.4%
15.9%
5Y
30.2%
23.3%
25.5%

Fund Distribution

as on (31-Mar-25)

  • Equity 94.7%

  • Debt & Cash 5.3%

Large cap
43.9%

Mid cap
35.6%

Small cap
15.1%

Sector Allocation

Mar'25

Feb'25

Jan'25

Financial Services
28.1%
Consumer Cyclical
11.3%
Industrial
10.4%
Health
10%
Tech
9.6%
Consumer Defensive
8.6%
Basic Materials
8.5%
Communication
5.4%
Real Estate
3.1%
Utilities
2.7%
Energy
2.3%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
6.78%
-7.00%
-5.42%
NIFTY 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 6.78% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 7.25% as on Mar'25
  • This fund underperformed NIFTY 500 by 0.47% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 8K Cr
₹ 7.2K Cr
₹ 7.6K Cr
  • AUM of the fund stands at 8K Cr as of Mar'25
  • AUM increased by 733.3 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Avenue Supermarts Ltd's allocation increased from 1.85% to 2.42%
Avenue Supermarts Ltd's allocation increased from 1.85% to 2.42%
Mphasis Ltd's allocation increased from 0.16% to 0.63%
Mphasis Ltd's allocation increased from 0.16% to 0.63%
HDFC Asset Management Co Ltd's allocation increased from 0.2% to 0.65%
HDFC Asset Management Co Ltd's allocation increased from 0.2% to 0.65%
Top Stocks sold last month
One97 Communications Ltd's allocation decreased from 2.44 % to 2.42 %
One97 Communications Ltd's allocation decreased from 2.44 % to 2.42 %
Infosys Ltd's allocation decreased from 1.97 % to 1.67 %
Infosys Ltd's allocation decreased from 1.97 % to 1.67 %
IndusInd Bank Ltd's allocation decreased from 1.64 % to 1.63 %
IndusInd Bank Ltd's allocation decreased from 1.64 % to 1.63 %
Large Cap allocation has gone up from 43.7% to 43.9%
Large Cap allocation has gone up from 43.7% to 43.9%
Small Cap allocation has gone up from 12.6% to 15.1%
Small Cap allocation has gone up from 12.6% to 15.1%
Mid Cap allocation has gone up from 35.3% to 35.6%
Mid Cap allocation has gone up from 35.3% to 35.6%
Cash allocation has gone down from 8.4% to 5.3%
Cash allocation has gone down from 8.4% to 5.3%

Top 3 Sectors in March were Financial Services, Health & Consumer Cyclical

Mar'25
Financial Services
28%
Consumer Cyclical
11%
Industrial
10%
Feb'25
Financial Services
28%
Health
12%
Consumer Cyclical
12%
  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
4.72%
10.8%
ICICI Bank Ltd
ICICI Bank Ltd
4.43%
0%
Bajaj Finserv Ltd
Bajaj Finserv Ltd
3.19%
6.7%
One97 Communications Ltd
One97 Communications Ltd
2.42%
0%
Avenue Supermarts Ltd
Avenue Supermarts Ltd
2.42%
20.4%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Bandhan Core Equity Fund Direct Growth
Bandhan Core Equity Fund Direct Growth
12.78%
22.91%
30.21%
16.2%
Invesco India Large&MidCap Fund Direct Plan Growth
Invesco India Large&MidCap Fund Direct Plan Growth
18.87%
21.8%
26.86%
18.05%
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
14.2%
24.25%
30.01%
23.44%
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
13.59%
20.88%
30.83%
16.92%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Avenue Supermarts Ltd
Avenue Supermarts Ltd
13.3%
HDFC Bank Ltd
HDFC Bank Ltd
9.3%
ICICI Bank Ltd
ICICI Bank Ltd
7.1%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
102
100
112
Top 5 Company Concentration
17.2%
16.5%
16.1%
Company having highest exposure
HDFC Bank Ltd (4.7%)
HDFC Bank Ltd (4.4%)
ICICI Bank Ltd (4.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
69.4%
72.9%
70.3%
Sector having highest exposure
Financial Services (28.1%)
Financial Services (28.4%)
Financial Services (25.6%)
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Manish Gunwani
Manish Gunwani
Fund Manager of Bandhan Core Equity Fund Direct Growth, since 28 January 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Bandhan Small Cap Fund Direct Growth
26.52%
17.11%
Bandhan Core Equity Fund Direct Plan Growth
22.91%
15.91%
Bandhan Flexi Cap Fund-Direct Plan-Growth
13.58%
13.97%
Fund House
Bandhan Asset Management Company Limited
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

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 21.6% growth in AUM moving from 6.55K Cr to 7.96K Cr.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 17.6% moving from 0.74 to 0.61.
Insights icon
In the last 1 year, Invesco India Large&MidCap Fund Direct Plan Growth has given 18.87% return, outperforming this fund by 6.09%.
Insights icon
In the last 5 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 30.83% return, outperforming this fund by 0.62% per annum.
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This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.22%.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 24.25% return, outperforming this fund by 1.34% per annum.

Bandhan Core Equity Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.2% since inception which is more than its category average return of 14.16%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.7% in Equity, 0% in Debt and 5.3% in Cash related instruments
AUM size ₹7967 Cr

AUM size ₹7967 Cr

This fund has AUM of ₹7967 Cr which is more than its category average of ₹ 7538 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.38%
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Frequently Asked Questions for Bandhan Core Equity Fund Direct Growth

The current NAV of Bandhan Core Equity Fund Direct Growth is ₹144.42 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Bandhan Core Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.31%
7.31%
6 Month Returns
-6.76%
-6.76%
1 Year Returns
12.78%
12.78%
3 Years Returns
85.7%
22.91%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.61% as on March 2025
₹7967 Cr as on March 2025
HDFC Bank Ltd(4.72%), ICICI Bank Ltd(4.43%), Bajaj Finserv Ltd(3.19%), One97 Communications Ltd(2.42%), Avenue Supermarts Ltd(2.42%) as on March 2025
Financial Services(26.65%), Consumer Cyclical(10.73%), Industrial(9.82%) as on March 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
5.33
5.8
4.22
As on March 2025
The alpha for Bandhan Core Equity Fund Direct Growth is calculated against Nifty LargeMidcap 250 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
0.99
0.94
0.91
As on March 2025
The Beta for Bandhan Core Equity Fund Direct Growth is calculated with Nifty LargeMidcap 250 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
0.4
1.03
1.58
As on March 2025
The sharpe ratio for Bandhan Core Equity Fund Direct Growth is calculated with Nifty LargeMidcap 250 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
17.69
14.89
15.21
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.
Sortino ratio is 1.82 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.74 as on March 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%