Bandhan Financial Services Fund Regular Growth
EquitySector - Financial ServicesVery High Risk
Regular
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹888 Cr
Expense Ratio
2.22%
ISIN
INF194KB1GE6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
31 Jul 2023
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹13.06, Assets Under Management (AUM) of 887.66 Crores, and an expense ratio of 2.22%.
- Bandhan Financial Services Fund Regular Growth has given a CAGR return of 30.43% 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 Regular 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
+30.43%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹872.75 Cr | 98.32% |
| Others | ₹14.91 Cr | 1.68% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹134.16 Cr | 15.11% |
| HDFC Bank Ltd | Equity | ₹130.89 Cr | 14.75% |
| Axis Bank Ltd | Equity | ₹70.83 Cr | 7.98% |
| Kotak Mahindra Bank Ltd | Equity | ₹52 Cr | 5.86% |
| Jio Financial Services Ltd | Equity | ₹41.29 Cr | 4.65% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹37.06 Cr | 4.18% |
| Shriram Finance Ltd | Equity | ₹28.41 Cr | 3.20% |
| PB Fintech Ltd | Equity | ₹19.06 Cr | 2.15% |
| Repco Home Finance Ltd | Equity | ₹18.47 Cr | 2.08% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹18 Cr | 2.03% |
| IndusInd Bank Ltd | Equity | ₹17.47 Cr | 1.97% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹14.15 Cr | 1.59% |
| Triparty Repo | Cash - Repurchase Agreement | ₹13.34 Cr | 1.50% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹10.49 Cr | 1.18% |
| Home First Finance Co India Ltd --- | Equity | ₹10.32 Cr | 1.16% |
| Can Fin Homes Ltd | Equity | ₹10.17 Cr | 1.15% |
| Central Depository Services (India) Ltd | Equity | ₹10.16 Cr | 1.14% |
| Manappuram Finance Ltd | Equity | ₹9.8 Cr | 1.10% |
| Aadhar Housing Finance Ltd | Equity | ₹9.73 Cr | 1.10% |
| AAVAS Financiers Ltd | Equity | ₹9.52 Cr | 1.07% |
| Bajaj Finserv Ltd | Equity | ₹9.34 Cr | 1.05% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹9.21 Cr | 1.04% |
| Go Digit General Insurance Ltd | Equity | ₹9.12 Cr | 1.03% |
| BSE Ltd | Equity | ₹9.07 Cr | 1.02% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹9.05 Cr | 1.02% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹9.04 Cr | 1.02% |
| SBI Life Insurance Company Limited | Equity | ₹9.02 Cr | 1.02% |
| HDFC Life Insurance Company Limited | Equity | ₹8.98 Cr | 1.01% |
| Medi Assist Healthcare Services Ltd | Equity | ₹8.92 Cr | 1.00% |
| State Bank of India | Equity | ₹8.9 Cr | 1.00% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹8.82 Cr | 0.99% |
| Indian Bank | Equity | ₹8.82 Cr | 0.99% |
| REC Ltd | Equity | ₹8.81 Cr | 0.99% |
| Angel One Ltd Ordinary Shares | Equity | ₹8.8 Cr | 0.99% |
| KFin Technologies Ltd | Equity | ₹8.77 Cr | 0.99% |
| The Federal Bank Ltd | Equity | ₹8.77 Cr | 0.99% |
| UTI Asset Management Co Ltd | Equity | ₹8.76 Cr | 0.99% |
| One97 Communications Ltd | Equity | ₹8.75 Cr | 0.99% |
| CRISIL Ltd | Equity | ₹8.75 Cr | 0.99% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹8.74 Cr | 0.98% |
| Max Financial Services Ltd | Equity | ₹8.66 Cr | 0.98% |
| AU Small Finance Bank Ltd | Equity | ₹8.56 Cr | 0.96% |
| Poonawalla Fincorp Ltd | Equity | ₹8.55 Cr | 0.96% |
| Sundaram Finance Ltd | Equity | ₹8.51 Cr | 0.96% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹8.06 Cr | 0.91% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 0.23% |
| Net Receivables/Payables | Cash - Collateral | ₹-0.56 Cr | 0.06% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.08 Cr | 0.01% |
| Cash / Bank Balance | Cash - Collateral | ₹0.06 Cr | 0.01% |
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
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹846.31 Cr | 95.34% |
| Technology | ₹17.52 Cr | 1.97% |
| Healthcare | ₹8.92 Cr | 1.00% |
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
Since July 2023
Sumit Agrawal
Since July 2023
Harshal Joshi
Since July 2023
Ritika Behera
Since October 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF194KB1GE6 | Expense Ratio | 2.22% | Exit Load | No Charges | Fund Size | ₹888 Cr | Age | 31 Jul 2023 | 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹9.45 Cr | 8.9% |
| 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 Cr | 59.2% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1477.69 Cr | 59.3% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2535.06 Cr | 11.8% |
| 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% | - | ₹274.29 Cr | 11.7% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.9% | 1.0% | ₹7671.24 Cr | 18.8% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1140.83 Cr | 19.3% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5932.60 Cr | 22.7% |
About the AMC
Total AUM
₹1,44,833 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
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 Regular Growth?
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Who manages the Bandhan Financial Services Fund Regular Growth?
- Manish Gunwani
- Sumit Agrawal
- Harshal Joshi
- Ritika Behera
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