Bandhan Equity Savings Fund Direct Growth
HybridEquity SavingsLow to Moderate Risk
Direct
NAV (13-Sep-24)
₹33.00-0.02%1D
Returns (Since Inception)
7.89%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹141 Cr
Expense Ratio
0.45%
ISIN
INF194K01Z02
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2014
About this fund
Bandhan Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 10 years, 8 months and 15 days, having been launched on 01-Jan-14.
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹33.00, Assets Under Management (AUM) of 141.01 Crores, and an expense ratio of 0.45%.
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹33.00, Assets Under Management (AUM) of 141.01 Crores, and an expense ratio of 0.45%.
- Bandhan Equity Savings Fund Direct Growth has given a CAGR return of 7.89% since inception.
- The fund's asset allocation comprises around 11.41% in equities, 17.03% in debts, and 71.53% in cash & cash equivalents.
- You can start investing in Bandhan Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+11.29%
+15.42% (Cat Avg.)
3 Years
+7.84%
+9.45% (Cat Avg.)
5 Years
+9.57%
+10.82% (Cat Avg.)
10 Years
+7.83%
+8.58% (Cat Avg.)
Since Inception
+7.89%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹16.09 Cr | 11.41% |
| Debt | ₹24.01 Cr | 17.03% |
| Others | ₹100.9 Cr | 71.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹80.16 Cr | 56.85% |
| Bandhan Liquid Dir Gr | Mutual Fund - Open End | ₹9.4 Cr | 6.67% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹7.16 Cr | 5.08% |
| Bandhan Money Manager Dir Gr | Mutual Fund - Open End | ₹7.02 Cr | 4.98% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-6.94 Cr | 4.93% |
| Aurobindo Pharma Ltd | Equity | ₹6.91 Cr | 4.90% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-6.45 Cr | 4.57% |
| IndusInd Bank Ltd | Equity | ₹6.41 Cr | 4.55% |
| State Bank Of India September 2024 Future | Equity - Future | ₹-6.03 Cr | 4.28% |
| State Bank of India | Equity | ₹5.99 Cr | 4.25% |
| ICICI Bank Ltd | Equity | ₹5.99 Cr | 4.25% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-5.6 Cr | 3.97% |
| Tata Power Co Ltd | Equity | ₹5.57 Cr | 3.95% |
| Future on Axis Bank Ltd | Equity - Future | ₹-5.4 Cr | 3.83% |
| Icici Bank Limited September 2024 Future | Equity - Future | ₹-5.37 Cr | 3.81% |
| Axis Bank Ltd | Equity | ₹5.36 Cr | 3.80% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹5 Cr | 3.54% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.99 Cr | 3.54% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹4.97 Cr | 3.53% |
| Pidilite Industries Ltd | Equity | ₹4.83 Cr | 3.43% |
| Tata Consultancy Services Ltd | Equity | ₹4.78 Cr | 3.39% |
| Triparty Repo Trp_020924 | Cash - Repurchase Agreement | ₹4.53 Cr | 3.21% |
| Pidilite Industries Limited September 2024 Future | Equity - Future | ₹-4.4 Cr | 3.12% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-4.35 Cr | 3.08% |
| Grasim Industries Ltd | Equity | ₹4.32 Cr | 3.06% |
| Dabur India Ltd | Equity | ₹4.24 Cr | 3.01% |
| Tata Consultancy Services Limited September 2024 Future | Equity - Future | ₹-4.17 Cr | 2.96% |
| Dabur India Limited September 2024 Future | Equity - Future | ₹-3.77 Cr | 2.67% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-3.62 Cr | 2.57% |
| HDFC Bank Ltd | Equity | ₹3.61 Cr | 2.56% |
| Bajaj Finance Ltd | Equity | ₹3.6 Cr | 2.55% |
| HCL Technologies Ltd | Equity | ₹3.53 Cr | 2.50% |
| Reliance Industries Ltd | Equity | ₹3.24 Cr | 2.30% |
| Hdfc Bank Limited September 2024 Future | Equity - Future | ₹-2.98 Cr | 2.12% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-2.97 Cr | 2.10% |
| Hcl Technologies Limited September 2024 Future | Equity - Future | ₹-2.96 Cr | 2.10% |
| Mahindra & Mahindra Ltd | Equity | ₹2.95 Cr | 2.09% |
| Larsen & Toubro Ltd | Equity | ₹2.67 Cr | 1.89% |
| Reliance Industries Limited September 2024 Future | Equity - Future | ₹-2.66 Cr | 1.89% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-2.56 Cr | 1.81% |
| Maruti Suzuki India Ltd | Equity | ₹2.54 Cr | 1.80% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.18 Cr | 1.55% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 1.42% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.79 Cr | 1.27% |
| JSW Steel Ltd | Equity | ₹1.78 Cr | 1.26% |
| SBI Life Insurance Co Ltd | Equity | ₹1.77 Cr | 1.25% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.73 Cr | 1.23% |
| Bharti Airtel Ltd | Equity | ₹1.24 Cr | 0.88% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-1.19 Cr | 0.84% |
| Tech Mahindra Ltd | Equity | ₹1.18 Cr | 0.84% |
| Future on SBI Life Insurance Company Limited | Equity - Future | ₹-1.12 Cr | 0.79% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-1.03 Cr | 0.73% |
| Tata Consumer Products Limited September 2024 Future | Equity - Future | ₹-0.99 Cr | 0.70% |
| Tata Consumer Products Ltd | Equity | ₹0.99 Cr | 0.70% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.87 Cr | 0.62% |
| Container Corporation of India Ltd | Equity | ₹0.87 Cr | 0.62% |
| ITC Ltd | Equity | ₹0.86 Cr | 0.61% |
| Hindustan Unilever Ltd | Equity | ₹0.77 Cr | 0.54% |
| Asian Paints Ltd | Equity | ₹0.65 Cr | 0.46% |
| Britannia Industries Ltd | Equity | ₹0.63 Cr | 0.45% |
| Dr Reddy's Laboratories Ltd | Equity | ₹0.61 Cr | 0.43% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-0.61 Cr | 0.43% |
| Colgate-Palmolive (India) Ltd | Equity | ₹0.59 Cr | 0.42% |
| UltraTech Cement Ltd | Equity | ₹0.58 Cr | 0.41% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.57 Cr | 0.40% |
| Titan Co Ltd | Equity | ₹0.56 Cr | 0.40% |
| Nestle India Ltd | Equity | ₹0.56 Cr | 0.40% |
| Bajaj Auto Ltd | Equity | ₹0.51 Cr | 0.36% |
| Wipro Ltd | Equity | ₹0.51 Cr | 0.36% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.49 Cr | 0.35% |
| Marico Ltd | Equity | ₹0.49 Cr | 0.35% |
| NTPC Ltd | Equity | ₹0.49 Cr | 0.35% |
| Cipla Ltd | Equity | ₹0.45 Cr | 0.32% |
| Bosch Ltd | Equity | ₹0.44 Cr | 0.31% |
| Hero MotoCorp Ltd | Equity | ₹0.41 Cr | 0.29% |
| Net Receivables/Payables | Cash - Collateral | ₹-0.36 Cr | 0.26% |
| Itc Limited September 2024 Future | Equity - Future | ₹-0.16 Cr | 0.11% |
| Cash Offsets For Shorts & Derivatives | Cash - Collateral | ₹0.02 Cr | 0.02% |
| Cash / Bank Balance | Cash - Collateral | ₹0.02 Cr | 0.01% |
| Bharti Airtel Limited 1580 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Dr. Reddy's Laboratories Limited 7200 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Sun Pharmaceutical Industries Limited 1860 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Reliance Industries Limited 3080 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Asian Paints Limited 3240 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Hdfc Bank Limited 1680 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Hindustan Unilever Limited 2860 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Icici Bank Limited 1260 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Itc Limited 520 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Tata Consultancy Services Limited 4700 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Hcl Technologies Limited 1820 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Kotak Mahindra Bank Limited 1860 Call September 2024 Option | Equity | ₹-0 Cr | 0.00% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹33.22 Cr | 23.56% |
| Basic Materials | ₹12.16 Cr | 8.63% |
| Healthcare | ₹10.27 Cr | 7.28% |
| Technology | ₹10 Cr | 7.09% |
| Consumer Defensive | ₹9.12 Cr | 6.47% |
| Consumer Cyclical | ₹7.41 Cr | 5.26% |
| Utilities | ₹6.06 Cr | 4.30% |
| Industrials | ₹3.54 Cr | 2.51% |
| Energy | ₹3.24 Cr | 2.30% |
| Communication Services | ₹1.24 Cr | 0.88% |
Risk & Performance Ratios
Standard Deviation
This fund
2.71%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
0.70
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.59
Higher the better
Fund Managers
Harshal Joshi
Since October 2016
Viraj Kulkarni
Since July 2022
BS
Brijesh Shah
Since June 2024
Nemish Sheth
Since November 2021
RB
Ritika Behera
Since October 2023
GS
Gaurav Satra
Since June 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF194K01Z02 | Expense Ratio | 0.45% | Exit Load | No Charges | Fund Size | ₹141 Cr | Age | 01 Jan 2014 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Crisil Equity Savings Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹7114.71 Cr | 21.7% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹7114.71 Cr | 20.4% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹471.71 Cr | 17.3% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹471.71 Cr | 18.4% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹610.16 Cr | 17.1% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹610.16 Cr | 18.4% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹169.12 Cr | 15.6% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.4% | 0.0% | ₹141.01 Cr | 10.2% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹79.02 Cr | 9.8% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹926.21 Cr | 18.8% |
About the AMC
Total AUM
₹1,54,037 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Bandhan Equity Savings Fund Direct Growth?
The NAV of Bandhan Equity Savings Fund Direct Growth, as of 13-Sep-2024, is ₹33.00.
What are the returns of Bandhan Equity Savings Fund Direct Growth?
The fund has generated 11.29% over the last 1 year and 7.84% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bandhan Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 11.41% in equities, 17.03% in bonds, and 71.53% in cash and cash equivalents.
Who manages the Bandhan Equity Savings Fund Direct Growth?
The fund managers responsible for Bandhan Equity Savings Fund Direct Growth are:-
- Harshal Joshi
- Viraj Kulkarni
- Brijesh Shah
- Nemish Sheth
- Ritika Behera
- Gaurav Satra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.