Bandhan Equity Savings Fund Direct Growth

Bandhan Equity Savings Fund Direct Growth

NAV as on 31-03-2025

₹ 33.68

Inception Returns

7.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
42 people have invested ₹ 1.7L in Bandhan Equity Savings Fund Direct Growth in the last three months

About Bandhan Equity Savings Fund Direct Growth

Bandhan Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Harshal Joshi, Viraj Kulkarni. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Equity Savings Fund Direct Growth has ₹255 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Bandhan Equity Savings Fund Direct Growth has given a CAGR return of 7.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.83%, 8.10% and 11.78% respectively.

Holdings

Bandhan Equity Savings Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Corporate, Basic Materials, Tech, Consumer Cyclical, Consumer Defensive, Health, Energy, Industrial, Communication, Utilities.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bandhan Equity Savings Fund Direct Growth

To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.

Minimum Investment and lockin period

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

Bandhan Equity Savings Fund Direct Growth Overview

Expense ratio0.19%
Benchmark
Crisil Equity Savings Index TR INR
AUM₹255 Cr
Inception Date1 January, 2014
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
53.67%
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
Low to Moderate Risk

Trailing Returns

as on (31-Mar-25)

Period
Bandhan Equity Savings Fund Direct Growth
Equity Savings Index
1M
1.1%
1.2%
3M
1.5%
-2%
6M
1.8%
-2.6%
1Y
7.8%
5.6%
3Y
8.1%
8.3%
5Y
11.8%
12.2%

Fund Distribution

as on (28-Feb-25)

  • Equity 65.5%

  • Debt & Cash 34.5%

Large cap
58.9%

Mid cap
6.6%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
35%
Basic Materials
11.3%
Tech
10.6%
Consumer Defensive
8.6%
Consumer Cyclical
8.4%
Health
7.8%
Industrial
5.4%
Energy
5.3%
Communication
4.1%
Utilities
3.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 254.7 Cr
₹ 254.7 Cr
₹ 245.7 Cr
  • AUM of the fund stands at 254.7 Cr as of Feb'25
  • AUM has remained same between Feb'25 and Jan'25
Top Stocks bought last month
Bajaj Finance Ltd's allocation increased from 1.86% to 3.51%
Bajaj Finance Ltd's allocation increased from 1.86% to 3.51%
Bharti Airtel Ltd's allocation increased from 2.31% to 3.04%
Bharti Airtel Ltd's allocation increased from 2.31% to 3.04%
Axis Bank Ltd's allocation increased from 2.72% to 3.21%
Axis Bank Ltd's allocation increased from 2.72% to 3.21%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 3.97 % to 3.73 %
HDFC Bank Ltd's allocation decreased from 3.97 % to 3.73 %
Larsen & Toubro Ltd's allocation decreased from 3.63 % to 3.4 %
Larsen & Toubro Ltd's allocation decreased from 3.63 % to 3.4 %
Tata Consultancy Services Ltd's allocation decreased from 3.08 % to 3 %
Tata Consultancy Services Ltd's allocation decreased from 3.08 % to 3 %

Top 3 Sectors in February were Government, Financial Services & Corporate

Feb'25
Financial Services
35%
Government
16%
Basic Materials
11%
Jan'25
Government
44%
Financial Services
36%
Corporate
30%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
60
59
108
Top 5 Company Concentration
18.4%
18.2%
18.5%
Company having highest exposure
Bajaj Finance Ltd (4.3%)
Kotak Mahindra Bank Ltd (3.8%)
Reliance Industries Ltd (4%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
128.7%
83.6%
130.8%
Sector having highest exposure
Government (41.9%)
Financial Services (35%)
Government (43.6%)
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Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Equity Savings Fund Direct Growth, since 20 October 2016
Viraj Kulkarni
Viraj Kulkarni
Fund Manager of Bandhan Equity Savings Fund Direct Growth, since 1 July 2022
Fund House
Bandhan Asset Management Company Limited
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

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.19% which is lower than the category average expense ratio of 1.07%.
Insights icon
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 12.17% return, outperforming this fund by 4.07% per annum.
Insights icon
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 16.91% return, outperforming this fund by 5.13% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 80.6% growth in AUM moving from 141.01 Cr to 254.67 Cr.
Insights icon
In the last 1 year, DSP Equity Savings Fund Direct Plan Growth has given 11.79% return, outperforming this fund by 3.96%.

Bandhan Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.69% since inception which is less than its category average return of 7.99%
Fund Allocations

Fund Allocations

This fund has an allocation of 65.53% in Equity, 20.65% in Debt and 13.8% in Cash related instruments
AUM size ₹255 Cr

AUM size ₹255 Cr

This fund has AUM of ₹255 Cr which is less than its category average of ₹ 1639 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 1.16%

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5Y CAGR

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5Y CAGR

▲ 19.20

Bandhan Balanced Advantage Direct Growth

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5Y CAGR

▲ 15.90

Bandhan Asset Allocation Fund Of Fund - Moderate Plan - Direct Plan - Growth

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5Y CAGR

▲ 13.96

Bandhan Asset Allocation Fund Of Fund - Conservative Plan - Direct Plan - Growth

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5Y CAGR

▲ 9.47

Frequently Asked Questions for Bandhan Equity Savings Fund Direct Growth

The current NAV of Bandhan Equity Savings Fund Direct Growth is ₹33.68 as on 31-Mar-2025.
Existing (Absolute + CAGR) as on 31-Mar-2025.
Bandhan Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.14%
1.14%
6 Month Returns
1.82%
1.82%
1 Year Returns
7.83%
7.83%
3 Years Returns
26.33%
8.1%
5 Years Returns
74.51%
11.78%
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.19% as on March 2025
₹255 Cr as on March 2025
Bandhan Money Manager Dir Gr(9.75%), Bajaj Finance Ltd(4.25%), Kotak Mahindra Bank Ltd(3.87%), 6.54% Govt Stock 2032(3.75%), Reliance Industries Ltd(3.46%) as on March 2025
Financial Services(24.27%), Government(14.44%), Cash Equivalent(10.2%) as on March 2025
AAA
100
Harshal Joshi, Viraj Kulkarni are the fund managers of Bandhan Equity Savings Fund Direct Growth
The Exit load of Bandhan Equity Savings Fund Direct Growth is 0.25%