Bandhan Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹926 Cr

Expense Ratio

0.60%

ISIN

INF194KB1GB2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

31 Jul 2023

About this fund

Bandhan Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 1 years, 2 months and 23 days, having been launched on 31-Jul-23.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹14.00, Assets Under Management (AUM) of 925.84 Crores, and an expense ratio of 0.6%.

Bandhan Financial Services Fund Direct Growth has given a CAGR return of 31.32% since inception.
The fund's asset allocation comprises around 97.98% in equities, 0.00% in debts, and 2.02% in cash & cash equivalents.
You can start investing in Bandhan Financial Services 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

+35.52%

+18.69% (Cat Avg.)

Since Inception

+31.32%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity	₹907.17 Cr	97.98%
Others	₹18.67 Cr	2.02%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹138.98 Cr	14.23%
HDFC Bank Ltd	Equity	₹138.07 Cr	14.14%
Axis Bank Ltd	Equity	₹88.85 Cr	9.10%
Kotak Mahindra Bank Ltd	Equity	₹53.48 Cr	5.48%
Cholamandalam Investment and Finance Co Ltd	Equity	₹40.9 Cr	4.19%
Shriram Finance Ltd	Equity	₹32.22 Cr	3.30%
Jio Financial Services Ltd	Equity	₹32.22 Cr	3.30%
Triparty Repo Trp_011024	Cash - Repurchase Agreement	₹30.3 Cr	3.10%
PB Fintech Ltd	Equity	₹22.1 Cr	2.26%
Aditya Birla Sun Life AMC Ltd	Equity	₹20.47 Cr	2.10%
Prudent Corporate Advisory Services Ltd	Equity	₹19.39 Cr	1.99%
IndusInd Bank Ltd	Equity	₹19.01 Cr	1.95%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹17.93 Cr	1.84%
Repco Home Finance Ltd	Equity	₹15.96 Cr	1.63%
Cholamandalam Financial Holdings Ltd	Equity	₹14.75 Cr	1.51%
One97 Communications Ltd	Equity	₹14.48 Cr	1.48%
Net Receivables/Payables	Cash - Collateral	₹-13.73 Cr	1.41%
BSE Ltd	Equity	₹13.62 Cr	1.40%
KFin Technologies Ltd	Equity	₹12.79 Cr	1.31%
Central Depository Services (India) Ltd	Equity	₹12.23 Cr	1.25%
Poonawalla Fincorp Ltd	Equity	₹11.52 Cr	1.18%
ICICI Prudential Life Insurance Co Ltd	Equity	₹11.26 Cr	1.15%
SBI Life Insurance Co Ltd	Equity	₹11.15 Cr	1.14%
Bajaj Housing Finance Ltd	Equity	₹11.01 Cr	1.13%
ICICI Lombard General Insurance Co Ltd	Equity	₹11 Cr	1.13%
UTI Asset Management Co Ltd	Equity	₹10.86 Cr	1.11%
HDFC Life Insurance Co Ltd	Equity	₹10.83 Cr	1.11%
Sundaram Finance Ltd	Equity	₹10.73 Cr	1.10%
Medi Assist Healthcare Services Ltd	Equity	₹10.71 Cr	1.10%
Max Financial Services Ltd	Equity	₹10.61 Cr	1.09%
Mahindra & Mahindra Financial Services Ltd	Equity	₹10.18 Cr	1.04%
Go Digit General Insurance Ltd	Equity	₹10.16 Cr	1.04%
Star Health and Allied Insurance Co Ltd	Equity	₹10 Cr	1.02%
Bajaj Finance Ltd	Equity	₹9.86 Cr	1.01%
CRISIL Ltd	Equity	₹9.59 Cr	0.98%
Bajaj Finserv Ltd	Equity	₹9.51 Cr	0.97%
AU Small Finance Bank Ltd	Equity	₹9.43 Cr	0.97%
REC Ltd	Equity	₹9.29 Cr	0.95%
Aadhar Housing Finance Ltd	Equity	₹8.36 Cr	0.86%
Can Fin Homes Ltd	Equity	₹7.42 Cr	0.76%
Manappuram Finance Ltd	Equity	₹7.36 Cr	0.75%
Home First Finance Co India Ltd ---	Equity	₹7.33 Cr	0.75%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹7.31 Cr	0.75%
AAVAS Financiers Ltd	Equity	₹6.97 Cr	0.71%
The Federal Bank Ltd	Equity	₹5.8 Cr	0.59%
Angel One Ltd Ordinary Shares	Equity	₹5.7 Cr	0.58%
Religare Enterprises Ltd	Equity	₹5.25 Cr	0.54%
Cash Margin - Derivatives	Cash - Collateral	₹2 Cr	0.20%
Cash / Bank Balance	Cash - Collateral	₹0.96 Cr	0.10%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0.16 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹918.65 Cr	94.09%
Technology	₹27.27 Cr	2.79%
Healthcare	₹10.71 Cr	1.10%

Risk & Performance Ratios

Fund Managers

Sumit Agrawal

Since July 2023

Harshal Joshi

Since July 2023

Ritika Behera

Since October 2023

Gaurav Satra

Since June 2024

Harshvardhan Agarwal

Since June 2024

Additional Scheme Detailsas of 30th September 2024

ISIN

INF194KB1GB2

Expense Ratio

0.60%

Exit Load

No Charges

Fund Size

₹926 Cr

Age

1 year 2 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services 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:

Dividend Taxation:

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 Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Private Bank ETF Very High Risk	0.1%	-	₹10.07 Cr	12.3%
Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk	-	-	-	-
Nippon India ETF Nifty PSU Bank BeES Very High Risk	0.5%	-	₹2475.19 Cr	28.1%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1349.39 Cr	28.1%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2549.65 Cr	18.0%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹1911.12 Cr	14.1%
Axis NIFTY Bank ETF Very High Risk	0.2%	-	₹274.94 Cr	18.0%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.8%	1.0%	₹8899.01 Cr	23.8%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1191.78 Cr	25.1%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹6388.51 Cr	24.4%

About the AMC

Bandhan Mutual Fund

022-66289999

https://bandhanmutual.com/

Total AUM

₹1,55,853 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1727.88 Cr	-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹39.41 Cr	-
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹232.74 Cr	-
Bandhan Retirement Fund Direct Growth Very High Risk	0.7%	0.0%	₹176.20 Cr	24.0%
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹24.83 Cr	34.6%
Bandhan Interval Fund - Series 17 Direct Growth Moderate Risk	-	0.0%	-	-
Bandhan Fixed Term Plan Series 197 Direct Growth Moderate Risk	-	0.0%	-	-
Bandhan Fixed Term Plan Series 179 Direct Growth Moderate Risk	-	0.0%	₹286.43 Cr	10.1%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1028.95 Cr	6.8%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10387.08 Cr	7.5%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹6552.58 Cr	48.1%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2830.99 Cr	13.6%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹1686.82 Cr	38.5%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.5%	1.0%	₹19.01 Cr	27.5%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹2860.22 Cr	14.0%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹1743.48 Cr	43.3%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.3%	0.0%	₹341.03 Cr	11.5%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.8%	0.0%	₹1964.83 Cr	59.1%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.0%	0.0%	₹118.07 Cr	13.6%
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.6%	0.0%	₹1521.27 Cr	9.4%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹480.54 Cr	10.5%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹7706.67 Cr	7.8%
Bandhan Bond Fund - Short Term Plan Direct Growth Moderate Risk	0.3%	0.0%	₹8909.57 Cr	9.0%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹1527.47 Cr	26.3%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹10412.26 Cr	36.4%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7917.83 Cr	31.3%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹115.23 Cr	8.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.6%	0.0%	₹7234.92 Cr	28.9%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5627.45 Cr	7.7%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth Moderately High risk	0.2%	1.0%	₹6.60 Cr	13.7%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹488.82 Cr	8.2%
Bandhan Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2541.41 Cr	36.4%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹925.84 Cr	35.5%
Bandhan Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹322.66 Cr	8.5%
Bandhan Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹6722.90 Cr	8.2%
Bandhan US Equity Fund of Fund Direct Growth Very High Risk	0.7%	1.0%	₹318.44 Cr	48.6%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth Moderate Risk	-	0.0%	₹407.86 Cr	11.0%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹167.88 Cr	9.5%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹372.31 Cr	10.9%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3648.08 Cr	7.6%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth High Risk	0.4%	1.0%	₹20.31 Cr	21.5%
Bandhan Equity Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹141.01 Cr	11.1%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹150.44 Cr	6.4%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1107.95 Cr	32.9%
Bandhan All Seasons Bond Fund Direct Growth Moderate Risk	0.1%	0.0%	₹162.25 Cr	8.7%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹134.65 Cr	54.5%
Bandhan Emerging Businesses Fund Direct Growth Very High Risk	0.4%	1.0%	₹7534.20 Cr	62.2%
Bandhan Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹788.47 Cr	29.7%
Bandhan Nifty 100 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹149.72 Cr	31.3%
Bandhan Credit Risk Fund Direct Growth Moderately High risk	0.7%	1.0%	₹328.91 Cr	8.6%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Bandhan Financial Services Fund Direct Growth?

The NAV of Bandhan Financial Services Fund Direct Growth, as of 22-Oct-2024, is ₹14.00.

What is the portfolio composition of Bandhan Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 97.98% in equities, 0.00% in bonds, and 2.02% in cash and cash equivalents.

Who manages the Bandhan Financial Services Fund Direct Growth?

The fund managers responsible for Bandhan Financial Services Fund Direct Growth are:-

Sumit Agrawal
Harshal Joshi
Ritika Behera
Gaurav Satra
Harshvardhan Agarwal

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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Bandhan Financial Services Fund Direct Growth

Fund Overview