Dezerv

Fund Overview

Fund Size

Fund Size

₹796 Cr

Expense Ratio

Expense Ratio

0.59%

ISIN

ISIN

INF194KB1GB2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 11 months and 12 days, having been launched on 31-Jul-23.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹13.51, Assets Under Management (AUM) of 796.27 Crores, and an expense ratio of 0.59%.
  • Bandhan Financial Services Fund Direct Growth has given a CAGR return of 34.92% since inception.
  • The fund's asset allocation comprises around 98.32% in equities, 0.00% in debts, and 1.68% 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.

Since Inception

+34.92%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity782.9 Cr98.32%
Others13.37 Cr1.68%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity134.16 Cr15.11%
HDFC Bank LtdEquity130.89 Cr14.75%
Axis Bank LtdEquity70.83 Cr7.98%
Kotak Mahindra Bank LtdEquity52 Cr5.86%
Jio Financial Services LtdEquity41.29 Cr4.65%
Cholamandalam Investment and Finance Co LtdEquity37.06 Cr4.18%
Shriram Finance LtdEquity28.41 Cr3.20%
PB Fintech LtdEquity19.06 Cr2.15%
Repco Home Finance LtdEquity18.47 Cr2.08%
Aditya Birla Sun Life AMC LtdEquity18 Cr2.03%
IndusInd Bank LtdEquity17.47 Cr1.97%
Prudent Corporate Advisory Services LtdEquity14.15 Cr1.59%
Triparty RepoCash - Repurchase Agreement13.34 Cr1.50%
Cholamandalam Financial Holdings LtdEquity10.49 Cr1.18%
Home First Finance Co India Ltd ---Equity10.32 Cr1.16%
Can Fin Homes LtdEquity10.17 Cr1.15%
Central Depository Services (India) LtdEquity10.16 Cr1.14%
Manappuram Finance LtdEquity9.8 Cr1.10%
Aadhar Housing Finance LtdEquity9.73 Cr1.10%
AAVAS Financiers LtdEquity9.52 Cr1.07%
Bajaj Finserv LtdEquity9.34 Cr1.05%
Star Health and Allied Insurance Co LtdEquity9.21 Cr1.04%
Go Digit General Insurance LtdEquity9.12 Cr1.03%
BSE LtdEquity9.07 Cr1.02%
ICICI Lombard General Insurance Co LtdEquity9.05 Cr1.02%
Mahindra & Mahindra Financial Services LtdEquity9.04 Cr1.02%
SBI Life Insurance Company LimitedEquity9.02 Cr1.02%
HDFC Life Insurance Company LimitedEquity8.98 Cr1.01%
Medi Assist Healthcare Services LtdEquity8.92 Cr1.00%
State Bank of IndiaEquity8.9 Cr1.00%
SBI Cards and Payment Services Ltd Ordinary SharesEquity8.82 Cr0.99%
Indian BankEquity8.82 Cr0.99%
REC LtdEquity8.81 Cr0.99%
Angel One Ltd Ordinary SharesEquity8.8 Cr0.99%
KFin Technologies LtdEquity8.77 Cr0.99%
The Federal Bank LtdEquity8.77 Cr0.99%
UTI Asset Management Co LtdEquity8.76 Cr0.99%
One97 Communications LtdEquity8.75 Cr0.99%
CRISIL LtdEquity8.75 Cr0.99%
ICICI Prudential Life Insurance Company LimitedEquity8.74 Cr0.98%
Max Financial Services LtdEquity8.66 Cr0.98%
AU Small Finance Bank LtdEquity8.56 Cr0.96%
Poonawalla Fincorp LtdEquity8.55 Cr0.96%
Sundaram Finance LtdEquity8.51 Cr0.96%
CreditAccess Grameen Ltd Ordinary SharesEquity8.06 Cr0.91%
Cash Margin - DerivativesCash - Collateral2 Cr0.23%
Net Receivables/PayablesCash - Collateral-0.56 Cr0.06%
Cash Margin - CcilCash - Collateral0.08 Cr0.01%
Cash / Bank BalanceCash - Collateral0.06 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

65.76%

Mid Cap Stocks

13.95%

Small Cap Stocks

17.51%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services846.31 Cr95.34%
Technology17.52 Cr1.97%
Healthcare8.92 Cr1.00%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since July 2023

SA

Sumit Agrawal

Since July 2023

Harshal Joshi

Harshal Joshi

Since July 2023

RB

Ritika Behera

Since October 2023

Additional Scheme Detailsas of 30th June 2024

ISIN
INF194KB1GB2
Expense Ratio
0.59%
Exit Load
No Charges
Fund Size
₹796 Cr
Age
31 Jul 2023
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Financial Services TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr15.1%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2759.48 Cr64.0%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr64.1%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr17.5%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr22.9%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr25.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr26.9%

About the AMC

Total AUM

₹1,44,833 Cr

Address

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

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹1448.35 Cr-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹29.25 Cr-
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹70.06 Cr-
Bandhan Retirement Fund Direct Growth

Very High Risk

0.6%0.0%₹160.70 Cr-
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹17.05 Cr-
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 Cr7.9%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1737.29 Cr6.8%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹14555.72 Cr7.4%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.7%1.0%₹4680.59 Cr59.2%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.8%0.0%₹2366.01 Cr9.9%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1393.17 Cr38.2%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹17.91 Cr28.1%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹2190.88 Cr10.2%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1505.55 Cr38.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹336.99 Cr7.9%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

1.0%0.0%₹1342.95 Cr92.2%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.2%0.0%₹114.86 Cr12.8%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1557.45 Cr7.2%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹491.25 Cr7.3%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹5068.90 Cr7.6%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹8759.17 Cr7.6%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1265.70 Cr26.4%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹9019.36 Cr43.1%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹7428.52 Cr38.2%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹114.65 Cr7.6%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6433.56 Cr36.1%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5064.23 Cr7.3%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.3%1.0%₹6.14 Cr13.3%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹481.15 Cr7.3%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2303.70 Cr44.5%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹796.27 Cr-
Bandhan Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹205.29 Cr7.5%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹6202.72 Cr8.4%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

1.2%1.0%₹318.74 Cr43.4%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

-0.0%₹390.15 Cr7.8%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹168.40 Cr7.7%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹357.45 Cr8.2%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3889.69 Cr7.4%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹18.44 Cr21.1%
Bandhan Equity Savings Fund Direct Growth

Moderate Risk

0.4%0.0%₹118.67 Cr11.7%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹173.12 Cr6.7%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹709.78 Cr32.4%
Bandhan All Seasons Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹129.45 Cr7.4%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹90.71 Cr68.9%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹5165.54 Cr77.2%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹692.34 Cr28.4%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹126.99 Cr32.8%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹346.14 Cr7.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Bandhan Financial Services Fund Direct Growth, as of 11-Jul-2024, is ₹13.51.
The fund's allocation of assets is distributed as 98.32% in equities, 0.00% in bonds, and 1.68% in cash and cash equivalents.
The fund managers responsible for Bandhan Financial Services Fund Direct Growth are:-
  1. Manish Gunwani
  2. Sumit Agrawal
  3. Harshal Joshi
  4. Ritika Behera