Historical NAV & Returns
Absolute
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729 people have invested ₹ 24.5L in Bandhan Midcap Fund Direct Growth in the last three months
About Bandhan Midcap Fund Direct Growth
Bandhan Midcap Fund Direct Growth is an equity fund. This fund was started on 18 August, 2022. The fund is managed by Harshal Joshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Midcap Fund Direct Growth has ₹1491 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Bandhan Midcap Fund Direct Growth has given a CAGR return of 17.62% since inception. Over the last 1 year the fund has given a CAGR return of 3.24%.
Holdings
Bandhan Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Health, Tech, Financial Services, Basic Materials, Real Estate, Communication, Utilities, Consumer Defensive. Its top holdings are Trent Ltd, Persistent Systems Ltd, Indian Hotels Co Ltd, Dixon Technologies (India) Ltd, PB Fintech Ltd
Taxation
As it is a 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bandhan Midcap Fund Direct Growth
The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Midcap Fund Direct Growth has no lock in period.
Bandhan Midcap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | BSE 150 MidCap TR INR |
| AUM | ₹1491 Cr |
| Inception Date | 18 August, 2022 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 48.3% |
| 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 (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Mid cap
65.4%
Large cap
16.5%
Small cap
11.3%
Sector Allocation
Consumer Cyclical
23.2%
Industrial
19%
Tech
14.2%
Health
13.2%
Financial Services
11.2%
Basic Materials
9.2%
Real Estate
4.1%
Communication
2.3%
Utilities
1.8%
Consumer Defensive
1.6%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.73% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 7.55% as on Mar'25
- This fund outperformed Nifty Midcap 150 by 0.18% in Mar'25
- AUM of the fund stands at 1.4K Cr as of Feb'25
- AUM decreased by 262.4 Cr between Feb'25 and Jan'25
Mid Cap allocation has gone down from 65.8% to 65.4%
Large Cap allocation has gone down from 16.8% to 16.2%
Small Cap allocation has gone down from 13.2% to 12%
Cash allocation has gone up from 3.3% to 5.6%
Top 3 Sectors in February were Industrial, Consumer Cyclical & Tech
Feb'25
Consumer Cyclical
23%
Industrial
19%
Tech
14%
Jan'25
Industrial
23%
Consumer Cyclical
22%
Tech
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Trent Ltd | 3.26% | 0% | |
 Persistent Systems Ltd | 3.21% | 0% | |
 Indian Hotels Co Ltd | 2.98% | 0% | |
 Dixon Technologies (India) Ltd | 2.49% | 0% | |
 PB Fintech Ltd | 2.33% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Bandhan Midcap Fund Direct Growth | 3.24% | - | - | 17.62% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 12.39% | 20.5% | 30.79% | 20.69% |
 Motilal Oswal Midcap Direct Growth | 8.95% | 24.23% | 35.96% | 23.05% |
 Kotak Emerging Equity Scheme Direct Growth | 7.13% | 16.57% | 31.36% | 20.07% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 18.7% |
 Coromandel International Ltd | 16.9% |
 Solar Industries India Ltd | 15.7% |
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Harshal Joshi
Fund Manager of Bandhan Midcap Fund Direct Growth, since 18 August 2022
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total Schemes
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
Bandhan Midcap 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 17.62% since inception which is less than its category average return of 17.8%
Fund Allocations
This fund has an allocation of 93.96% in Equity, 0% in Debt and 6.04% in Cash related instruments
AUM size ₹1491 Cr
This fund has AUM of ₹1491 Cr which is less than its category average of ₹ 11735 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.21%
More funds from Bandhan
5Y CAGR
▲ 36.67
5Y CAGR
▲ 37.69
5Y CAGR
▲ 30.02
3Y CAGR
▲ 15.51
3Y CAGR
▲ 14.98
Frequently Asked Questions for Bandhan Midcap Fund Direct Growth
The current NAV of Bandhan Midcap Fund Direct Growth is ₹15.37 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
Bandhan Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.22% | 1.22% |
6 Month Returns | -18.62% | -18.62% |
1 Year Returns | 3.24% | 3.24% |
3 Years Returns | 0% | 0% |
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.
0.66% as on March 2025
₹1491 Cr as on March 2025
Trent Ltd(3.26%), Persistent Systems Ltd(3.21%), Indian Hotels Co Ltd(2.98%), Dixon Technologies (India) Ltd(2.49%), PB Fintech Ltd(2.33%) as on March 2025
Consumer Cyclical(21.06%), Industrial(17.59%), Health(12.66%) as on March 2025
The alpha ratio for the Bandhan Midcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Midcap Fund Direct Growth | 4.26 | - | - |
As on March 2025
The alpha for Bandhan Midcap Fund Direct Growth is calculated against BSE 150 MidCap 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 Midcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Midcap Fund Direct Growth | 1.05 | - | - |
As on March 2025
The Beta for Bandhan Midcap Fund Direct Growth is calculated with BSE 150 MidCap 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 Midcap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Midcap Fund Direct Growth | 0.26 | - | - |
As on March 2025
The sharpe ratio for Bandhan Midcap Fund Direct Growth is calculated with BSE 150 MidCap 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 Midcap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Midcap Fund Direct Growth | 22.95 | - | - |
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.
Harshal Joshi is the fund manager of Bandhan Midcap Fund Direct Growth
The Exit load of Bandhan Midcap Fund Direct Growth is 1%