Bandhan Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 21-11-2024
₹ 98.3
▲1%
1D
Inception Returns
14.4%
/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 Sumit Agrawal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Focused Equity Fund Direct Growth has ₹1746 Cr worth of assets under management (AUM) as on Oct 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 14.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.27%, 16.72% and 19.12% 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
▲
▼
416 people have invested ₹ 36.2L 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
6
/19
58% Performance
48% Risk Management
66% Cost
6 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 | ₹1746 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 99.37% |
| 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
50.2%
Mid cap
25.4%
Small cap
23.5%
Sector Allocation
Financial Services
28.1%
Consumer Cyclical
20.9%
Tech
14.3%
Industrial
13.9%
Health
6.1%
Energy
4.7%
Consumer Defensive
4.5%
Real Estate
3.9%
Utilities
3.6%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -2.64% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.88% in Oct'24
- AUM of the fund stands at 1.8K Cr as of Oct'24
- AUM increased by 50.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Coforge Ltd's allocation increased from 3% to 4.47%
Rainbow Childrens Medicare Ltd's allocation increased from 1.77% to 2.52%
Knowledge Marine & Engineering Works Ltd Ordinary Shares's allocation increased from 2.43% to 3.07%
Top Stocks sold last month
Trent Ltd's allocation decreased from 5.81 % to 5.78 %
Reliance Industries Ltd's allocation decreased from 5.3 % to 4.67 %
Phoenix Mills Ltd's allocation decreased from 4.84 % to 3.9 %
Large Cap allocation has gone down from 51.9% to 50.2%
Small Cap allocation has gone up from 21.3% to 23.5%
Mid Cap allocation has gone up from 24.6% to 25.4%
Cash allocation has gone down from 2.2% to 0.9%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
28%
Consumer Cyclical
21%
Tech
14%
Sep'24
Financial Services
29%
Consumer Cyclical
22%
Industrial
13%
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 |
|---|---|
 Coforge Ltd | 18.9% |
Knowledge Marine & Engineering Works Ltd | 12.9% |
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Sumit Agrawal
Fund Manager of Bandhan Focused Equity Fund Direct Growth, since 20 October 2016
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total Schemes
Total AUM
₹1.6L Cr
as on 31-Oct-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 13.2% growth in AUM moving from 1.54K Cr to 1.74K Cr.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 52.77% return, outperforming this fund by 14.51%.
Over the last 6 months, this fund has increased expense ratio by 7.9% moving from 0.76 to 0.82.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 24.83% return, outperforming this fund by 5.71% 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 1.27%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.67% return, outperforming this fund by 7.96% per annum.
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 14.36% since inception which is less than its category average return of 16.7%
Fund Allocations
This fund has an allocation of 99.1% in Equity, 0% in Debt and 0.9% in Cash related instruments
AUM size ₹1746 Cr
This fund has AUM of ₹1746 Cr which is less than its category average of ₹ 4697 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 ₹98.3 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Bandhan Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.76% | -3.76% |
6 Month Returns | 16.26% | 16.26% |
1 Year Returns | 38.27% | 38.27% |
3 Years Returns | 59% | 16.72% |
5 Years Returns | 139.84% | 19.12% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.82% as on October 2024
₹1746 Cr as on October 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 October 2024
Financial Services(27.86%), Consumer Cyclical(20.67%), Tech(14.12%) as on October 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 | 13.04 | 2.78 | 1.52 |
As on October 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 | 0.86 | 0.91 | 0.88 |
As on October 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 | 2.45 | 0.83 | 0.81 |
As on October 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 | 14.06 | 14.06 | 17.99 |
As on October 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 1.67 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.34 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sumit Agrawal is the fund manager of Bandhan Focused Equity Fund Direct Growth
The Exit load of Bandhan Focused Equity Fund Direct Growth is 1%