Bandhan Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 05-09-2024
₹ 226.43
▲0.1%
1D
Inception Returns
16%
/yr
About the Fund
Bandhan Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Relekar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Flexi Cap Fund Direct Growth has ₹7652 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
Bandhan Flexi Cap Fund Direct Growth has given a CAGR return of 15.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.77%, 17.32% and 20.34% respectively.
Holdings
Bandhan Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Energy, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Axis Bank Ltd
Taxation
As it is a flexi 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 Flexi Cap Fund Direct Growth
The Scheme shall seek to generate long-term capital growth by investing in a diversified portfolio of equity and equity related instruments across market capitalization – large cap, mid cap and small cap, fixed income securities and Money Market Instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
491 people have invested ₹ 91.8L in Bandhan Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
15
/19
35% Performance
33% Risk Management
24% Cost
15 out of 19 among flexi cap
Beats FD returns for both 3Y & 5Y
5Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.15% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹7652 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 71.57% |
| STCG | Redeeming 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
69.6%
Mid cap
16.9%
Small cap
9.5%
Sector Allocation
Financial Services
29.7%
Consumer Cyclical
13.9%
Industrial
12%
Tech
9.6%
Basic Materials
7.9%
Consumer Defensive
7.1%
Health
5.7%
Energy
5.6%
Communication
3.7%
Utilities
3.4%
Real Estate
1.5%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.81% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.28% in Jul'24
- AUM of the fund stands at 7.7K Cr as of Jul'24
- AUM increased by 223.3 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.45% to 4.63%
HDFC Bank Ltd's allocation increased from 5.6% to 6.1%
LTIMindtree Ltd's allocation increased from 0.56% to 1.01%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 6.66 % to 6.55 %
Reliance Industries Ltd's allocation decreased from 3.88 % to 3.15 %
Axis Bank Ltd's allocation decreased from 2.73 % to 2.57 %
Cash allocation has gone up from 2.4% to 3.5%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
30%
Consumer Cyclical
14%
Industrial
12%
Jun'24
Financial Services
30%
Consumer Cyclical
14%
Industrial
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.55% | 0% | |
 HDFC Bank Ltd | 6.1% | 17% | |
 Infosys Ltd | 4.63% | 15.9% | |
 Reliance Industries Ltd | 3.15% | -13% | |
 Axis Bank Ltd | 2.57% | 5.3% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
 Infosys Ltd | 9.7% |
 Bharti Airtel Ltd | 6.6% |
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Sachin Relekar
Fund Manager of Bandhan Flexi Cap Fund Direct Growth, since 8 December 2020
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total Schemes
Total AUM
₹1.01L Cr
as on 31-Jul-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, JM Flexicap Fund (Direct) Growth Option has given 61.53% return, outperforming this fund by 24.76%.
Over the last 1 month, this fund has experienced a 3.0% growth in AUM moving from 7.42K Cr to 7.65K Cr.
Over the last 3 months, this fund has increased expense ratio by 2.7% moving from 1.12 to 1.15.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 30.21% return, outperforming this fund by 12.88% per annum.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 38.47% return, outperforming this fund by 18.13% per annum.
Bandhan Flexi Cap 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 15.99% since inception which is less than its category average return of 22.22%
Fund Allocations
This fund has an allocation of 96.51% in Equity, 0% in Debt and 3.49% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 8680 Cr
Expense Ratio 1.15%
This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Bandhan Flexi Cap Fund Direct Growth is ₹226.43 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
Bandhan Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.97% | 5.97% |
6 Month Returns | 19.1% | 19.1% |
1 Year Returns | 36.77% | 36.77% |
3 Years Returns | 61.49% | 17.32% |
5 Years Returns | 152.33% | 20.34% |
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.
1.15% as on August 2024
₹7652 Cr as on August 2024
ICICI Bank Ltd(6.55%), HDFC Bank Ltd(6.1%), Infosys Ltd(4.63%), Reliance Industries Ltd(3.15%), Axis Bank Ltd(2.57%) as on August 2024
Financial Services(28.63%), Consumer Cyclical(13.4%), Industrial(11.61%) as on August 2024
The alpha ratio for the Bandhan Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 0.81 | 0.17 | -0.71 |
As on August 2024
The alpha for Bandhan Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 0.91 | 0.9 | 0.88 |
As on August 2024
The Beta for Bandhan Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 2.59 | 0.93 | 0.85 |
As on August 2024
The sharpe ratio for Bandhan Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Flexi Cap Fund Direct Growth | 10.34 | 12.4 | 17.4 |
As on August 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 1.75 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sachin Relekar is the fund manager of Bandhan Flexi Cap Fund Direct Growth
The Exit load of Bandhan Flexi Cap Fund Direct Growth is 1%