Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 29-10-2024

₹ 11.77

0.5%

1D

Inception Returns

17.2%

/yr

About Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 31 January, 2024. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Multi Asset Allocation Fund Direct Growth has ₹1778 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Bandhan Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.19% since inception.

Holdings

Bandhan Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Tech, Industrial, Basic Materials, Consumer Defensive, Energy, Health, Utilities, Communication, Real Estate.

Taxation

As it is a multi asset allocation 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bandhan Multi Asset Allocation Fund Direct Growth

The investment objective of the Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized, and the scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
289 people have invested ₹ 19.8L in Bandhan Multi Asset Allocation Fund Direct Growth in the last three months

Bandhan Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.42%
Benchmark
Nifty 500 TRI
AUM₹1778 Cr
Inception Date31 January, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
6.16%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Oct-24)

Period
Bandhan Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
-3.5%
-
3M
2%
-
6M
10.4%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 52.1%

  • Debt & Cash 26.8%

Large cap
44.1%

Small cap
12.7%

Mid cap
11%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
29.1%
Consumer Cyclical
13.7%
Tech
11.6%
Industrial
9.2%
Basic Materials
7.1%
Consumer Defensive
6.8%
Energy
6.4%
Health
6.3%
Utilities
4.7%
Communication
3.5%
Real Estate
1.6%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.7K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Financial Services, Government & Consumer Cyclical

Sep'24
Financial Services
29%
Government
29%
Consumer Cyclical
14%
Aug'24
Financial Services
29%
Government
29%
Consumer Cyclical
14%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
160
160
156
Top 5 Company Concentration
14.4%
14.4%
14.2%
Company having highest exposure
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.5%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
92.4%
92.4%
94.3%
Sector having highest exposure
Financial Services (29.1%)
Financial Services (29.1%)
Government (29.7%)
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Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.57L Cr
as on 30-Sep-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

Bandhan Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 17.19% since inception (31st January 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 52.1% in Equity, 8.1% in Debt and 18.74% in Cash related instruments
AUM size ₹1778 Cr

AUM size ₹1778 Cr

This fund has AUM of ₹1778 Cr which is less than its category average of ₹ 3940 Cr
Expense Ratio 0.42%

Expense Ratio 0.42%

This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions for Bandhan Multi Asset Allocation Fund Direct Growth

The current NAV of Bandhan Multi Asset Allocation Fund Direct Growth is ₹11.77 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
Bandhan Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.45%
-3.45%
6 Month Returns
10.35%
10.35%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 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.
0.42% as on September 2024
₹1778 Cr as on September 2024
7.30 Goi 19062053(8.1%), ICICI Prudential Silver ETF(5.97%), ICICI Pru Gold ETF(5.72%), HDFC Bank Ltd(4.48%), Reliance Industries Ltd(3.46%) as on September 2024
Cash Equivalent(33.45%), Financial Services(15.97%), Government(14.45%) as on September 2024
AAA
100
The Exit load of Bandhan Multi Asset Allocation Fund Direct Growth is 0.5%