Bandhan Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 20-12-2024
₹ 103.23
1D
Inception Returns
14.7%
/yr
About Bandhan Focused Equity Fund Direct Growth
Bandhan Focused 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 Focused Equity Fund Direct Growth has ₹1793 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Bandhan Focused Equity Fund Direct Growth has given a CAGR return of 14.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.20%, 20.81% and 19.80% respectively.
Holdings
Bandhan Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Energy, Consumer Defensive, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Trent Ltd, Apar Industries Ltd, Reliance Industries Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
The investment objective of the Scheme is seek to generate capital appreciation by investing in a concentrated portfolio of equity and equity related instruments up to 30 companies. There is no assurance or guarantee that the objectives of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
405 people have invested ₹ 42.1L in Bandhan Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for Bandhan Focused Equity Fund Direct Growth
Powered by IND quant engine
5
/19
59% Performance
48% Risk Management
66% Cost
5 out of 19 among focused fund
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Bandhan Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.82% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1793 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 99.37% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
49.5%
Mid cap
26.6%
Small cap
22.8%
Sector Allocation
Financial Services
27.8%
Consumer Cyclical
20.8%
Tech
15.3%
Industrial
14.3%
Health
5.7%
Energy
4.5%
Consumer Defensive
4.4%
Real Estate
4.2%
Utilities
3%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 2.40% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 2.99% in Nov'24
- AUM of the fund stands at 1.8K Cr as of Nov'24
- AUM decreased by 1.1 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 1.76% to 1.95%
Mid Cap allocation has gone up from 25.4% to 26.6%
Large Cap allocation has gone down from 50.2% to 49.5%
Small Cap allocation has gone down from 23.5% to 22.8%
Cash allocation has gone up from 0.9% to 1.1%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Tech
Nov'24
Financial Services
28%
Consumer Cyclical
21%
Tech
15%
Oct'24
Financial Services
28%
Consumer Cyclical
21%
Tech
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.07% | 0% | |
 ICICI Bank Ltd | 7.99% | 0% | |
 Trent Ltd | 5.78% | 0% | |
 Apar Industries Ltd | 5.51% | 0% | |
 Reliance Industries Ltd | 4.67% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 22.7% |
 Coforge Ltd | 17.6% |
Knowledge Marine & Engineering Works Ltd | 5.8% |
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Manish Gunwani
Fund Manager of Bandhan Focused Equity Fund Direct Growth, since 2 December 2024
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
Over the last 6 months, this fund has experienced a 19.1% growth in AUM moving from 1.50K Cr to 1.79K Cr.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 47.46% return, outperforming this fund by 12.26%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 27.59% return, outperforming this fund by 6.77% per annum.
Over the last 1 year, this fund has increased expense ratio by 6.5% moving from 0.77 to 0.82.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 25.47% return, outperforming this fund by 5.68% per annum.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.26%.
Bandhan Focused 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 14.71% since inception which is less than its category average return of 16.92%
Fund Allocations
This fund has an allocation of 98.9% in Equity, 0% in Debt and 1.1% in Cash related instruments
AUM size ₹1793 Cr
This fund has AUM of ₹1793 Cr which is less than its category average of ₹ 4714 Cr
Expense Ratio 0.82%
This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions for Bandhan Focused Equity Fund Direct Growth
The current NAV of Bandhan Focused Equity Fund Direct Growth is ₹103.23 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Bandhan Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.85% | 4.85% |
6 Month Returns | 12.78% | 12.78% |
1 Year Returns | 35.2% | 35.2% |
3 Years Returns | 76.34% | 20.81% |
5 Years Returns | 146.73% | 19.8% |
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.
0.82% as on November 2024
₹1793 Cr as on November 2024
HDFC Bank Ltd(9.07%), ICICI Bank Ltd(7.99%), Trent Ltd(5.78%), Apar Industries Ltd(5.51%), Reliance Industries Ltd(4.67%) as on November 2024
Financial Services(27.53%), Consumer Cyclical(20.54%), Tech(15.17%) as on November 2024
The alpha ratio for the Bandhan Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Focused Equity Fund Direct Growth | 14.06 | 3.86 | 1.89 |
As on November 2024
The alpha for Bandhan Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Focused Equity Fund Direct Growth | 0.8 | 0.9 | 0.88 |
As on November 2024
The Beta for Bandhan Focused Equity 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 Focused 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 Focused Equity Fund Direct Growth | 2.2 | 0.97 | 0.82 |
As on November 2024
The sharpe ratio for Bandhan Focused Equity 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 Focused 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 Focused Equity Fund Direct Growth | 13.01 | 13.79 | 17.99 |
As on November 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 2.01 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.5 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Manish Gunwani is the fund manager of Bandhan Focused Equity Fund Direct Growth
The Exit load of Bandhan Focused Equity Fund Direct Growth is 1%