Bandhan Midcap Fund Direct Growth

Fund Overview

Fund Size

₹1,969 Cr

Expense Ratio

0.62%

ISIN

INF194KB1DJ2

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

18 Aug 2022

About this fund

Bandhan Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 3 years and 5 months, having been launched on 18-Aug-22.
As of 16-Jan-26, it has a Net Asset Value (NAV) of ₹17.66, Assets Under Management (AUM) of 1969.02 Crores, and an expense ratio of 0.62%.

Bandhan Midcap Fund Direct Growth has given a CAGR return of 18.13% since inception.
The fund's asset allocation comprises around 96.29% in equities, 0.00% in debts, and 3.70% in cash & cash equivalents.
You can start investing in Bandhan Midcap 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

+1.13%

+7.01% (Cat Avg.)

3 Years

+21.51%

+22.11% (Cat Avg.)

Since Inception

+18.13%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹1,895.91 Cr	96.29%
Others	₹72.77 Cr	3.70%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Triparty Repo Trp_010126	Cash - Repurchase Agreement	₹74.89 Cr	3.80%
Persistent Systems Ltd	Equity	₹63.9 Cr	3.25%
The Federal Bank Ltd	Equity	₹61.23 Cr	3.11%
GE Vernova T&D India Ltd	Equity	₹60.78 Cr	3.09%
Fortis Healthcare Ltd	Equity	₹57.37 Cr	2.91%
Prestige Estates Projects Ltd	Equity	₹55.25 Cr	2.81%
PB Fintech Ltd	Equity	₹51 Cr	2.59%
L&T Finance Ltd	Equity	₹50.41 Cr	2.56%
Cummins India Ltd	Equity	₹46.46 Cr	2.36%
Swiggy Ltd	Equity	₹46.35 Cr	2.35%
UNO Minda Ltd	Equity	₹44.47 Cr	2.26%
Indian Bank	Equity	₹40 Cr	2.03%
Indian Hotels Co Ltd	Equity	₹38.5 Cr	1.96%
Apar Industries Ltd	Equity	₹37.63 Cr	1.91%
Coromandel International Ltd	Equity	₹36.54 Cr	1.86%
Eternal Ltd	Equity	₹36.14 Cr	1.84%
Trent Ltd	Equity	₹35.18 Cr	1.79%
KEI Industries Ltd	Equity	₹34.25 Cr	1.74%
Dixon Technologies (India) Ltd	Equity	₹33.64 Cr	1.71%
Bharti Hexacom Ltd	Equity	₹33.46 Cr	1.70%
CG Power & Industrial Solutions Ltd	Equity	₹33.09 Cr	1.68%
Coforge Ltd	Equity	₹32.62 Cr	1.66%
Sai Life Sciences Ltd	Equity	₹32.16 Cr	1.63%
BSE Ltd	Equity	₹31.6 Cr	1.60%
JK Cement Ltd	Equity	₹31.48 Cr	1.60%
TVS Motor Co Ltd	Equity	₹31.03 Cr	1.58%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹29.96 Cr	1.52%
APL Apollo Tubes Ltd	Equity	₹29.41 Cr	1.49%
Jubilant Foodworks Ltd	Equity	₹29.27 Cr	1.49%
Kaynes Technology India Ltd	Equity	₹28.83 Cr	1.46%
ICICI Lombard General Insurance Co Ltd	Equity	₹28.61 Cr	1.45%
Max Financial Services Ltd	Equity	₹26.35 Cr	1.34%
Solar Industries India Ltd	Equity	₹25.8 Cr	1.31%
Vishal Mega Mart Ltd	Equity	₹24.56 Cr	1.25%
Schaeffler India Ltd	Equity	₹24.55 Cr	1.25%
Cholamandalam Investment and Finance Co Ltd	Equity	₹24.26 Cr	1.23%
Ipca Laboratories Ltd	Equity	₹20.89 Cr	1.06%
Abbott India Ltd	Equity	₹20.79 Cr	1.06%
Torrent Power Ltd	Equity	₹20.71 Cr	1.05%
Bajaj Finance Ltd	Equity	₹19.7 Cr	1.00%
Billionbrains Garage Ventures Ltd	Equity	₹19.49 Cr	0.99%
Navin Fluorine International Ltd	Equity	₹19.4 Cr	0.99%
Krishna Institute of Medical Sciences Ltd	Equity	₹18.68 Cr	0.95%
Shaily Engineering Plastics Ltd	Equity	₹16.68 Cr	0.85%
Supreme Industries Ltd	Equity	₹16.57 Cr	0.84%
Suzlon Energy Ltd	Equity	₹16.48 Cr	0.84%
Glenmark Pharmaceuticals Ltd	Equity	₹16.28 Cr	0.83%
ICICI Bank Ltd	Equity	₹16.14 Cr	0.82%
Phoenix Mills Ltd	Equity	₹15.33 Cr	0.78%
Mphasis Ltd	Equity	₹15.17 Cr	0.77%
Metro Brands Ltd	Equity	₹14.69 Cr	0.75%
Samvardhana Motherson International Ltd	Equity	₹13.91 Cr	0.71%
3M India Ltd	Equity	₹13.61 Cr	0.69%
Lenskart Solutions Ltd	Equity	₹13.45 Cr	0.68%
HealthCare Global Enterprises Ltd	Equity	₹13.32 Cr	0.68%
Anthem Biosciences Ltd	Equity	₹12.44 Cr	0.63%
Mankind Pharma Ltd	Equity	₹11.89 Cr	0.60%
Godfrey Phillips India Ltd	Equity	₹11.8 Cr	0.60%
Tenneco Clean Air India Ltd	Equity	₹11.55 Cr	0.59%
Sona BLW Precision Forgings Ltd	Equity	₹11.41 Cr	0.58%
Syrma SGS Technology Ltd	Equity	₹11.28 Cr	0.57%
United Spirits Ltd	Equity	₹10.73 Cr	0.55%
Ajanta Pharma Ltd	Equity	₹10.69 Cr	0.54%
One97 Communications Ltd	Equity	₹10.39 Cr	0.53%
Neuland Laboratories Ltd	Equity	₹10.19 Cr	0.52%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹9.78 Cr	0.50%
LG Electronics India Ltd	Equity	₹9.74 Cr	0.49%
SRF Ltd	Equity	₹9.29 Cr	0.47%
Meesho Ltd	Equity	₹9.11 Cr	0.46%
360 One Wam Ltd Ordinary Shares	Equity	₹9.02 Cr	0.46%
Wockhardt Ltd	Equity	₹8.58 Cr	0.44%
Cohance Lifesciences Ltd	Equity	₹8.57 Cr	0.44%
Aditya Infotech Ltd	Equity	₹8.14 Cr	0.41%
DOMS Industries Ltd	Equity	₹8.13 Cr	0.41%
KPIT Technologies Ltd	Equity	₹8.07 Cr	0.41%
P N Gadgil Jewellers Ltd	Equity	₹7.99 Cr	0.41%
Motilal Oswal Financial Services Ltd	Equity	₹7.44 Cr	0.38%
PG Electroplast Ltd	Equity	₹6.38 Cr	0.32%
Ellenbarrie Industrial Gases Ltd	Equity	₹5.68 Cr	0.29%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹4.85 Cr	0.25%
Net Receivables/Payables	Cash - Collateral	₹-4.61 Cr	0.23%
Concord Biotech Ltd	Equity	₹4.57 Cr	0.23%
OneSource Specialty Pharma Ltd	Equity	₹4.26 Cr	0.22%
Polycab India Ltd	Equity	₹3.15 Cr	0.16%
Waaree Energies Ltd	Equity	₹2.2 Cr	0.11%
Cash Margin - Derivatives	Cash - Collateral	₹2 Cr	0.10%
Pondy Oxides And Chemicals Ltd	Equity	₹1.18 Cr	0.06%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0.46 Cr	0.02%
Tvs Motor Company Limited	Preferred Stock	₹0.34 Cr	0.02%
Cash / Bank Balance	Cash - Collateral	₹0.02 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹390.11 Cr	19.81%
Consumer Cyclical	₹388.48 Cr	19.73%
Healthcare	₹294.09 Cr	14.94%
Industrials	₹287.56 Cr	14.60%
Technology	₹222.22 Cr	11.29%
Basic Materials	₹166.18 Cr	8.44%
Real Estate	₹70.58 Cr	3.58%
Communication Services	₹33.46 Cr	1.70%
Consumer Defensive	₹22.53 Cr	1.14%
Utilities	₹20.71 Cr	1.05%

Risk & Performance Ratios

Fund Managers

Harshal Joshi

Since August 2022

Ritu Modi

Since November 2022

Ritika Behera

Since October 2023

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st December 2025

ISIN

INF194KB1DJ2

Expense Ratio

0.62%

Exit Load

1.00%

Fund Size

₹1,969 Cr

Age

3 years 5 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

BSE 150 MidCap 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 Mid-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹683.84 Cr	-
Bank of India Mid Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹683.84 Cr	-
Kotak Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹4.92 Cr	-
Helios Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1157.07 Cr	-
Helios Mid Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹1157.07 Cr	-
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹581.00 Cr	9.5%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹94.43 Cr	7.6%
Zerodha Nifty Midcap 150 ETF Very High Risk	0.2%	-	₹169.34 Cr	10.0%
LIC MF Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹642.81 Cr	10.3%
HDFC NIFTY Midcap 150 ETF Very High Risk	0.2%	-	₹102.56 Cr	9.3%
UTI Nifty Midcap 150 ETF Very High Risk	0.3%	-	₹11.15 Cr	9.4%
Invesco India Mid Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹10296.36 Cr	10.3%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12439.62 Cr	6.9%
Canara Robeco Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4067.87 Cr	8.2%
Canara Robeco Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4067.87 Cr	9.6%
ICICI Prudential Midcap Fund Direct Growth Very High Risk	1.0%	1.0%	₹7132.04 Cr	15.6%
Nippon India Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹42124.50 Cr	9.0%
Edelweiss Mid Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹13650.47 Cr	9.0%
Invesco India Mid Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹10296.36 Cr	11.6%
Kotak Emerging Equity Scheme Direct Growth Very High Risk	0.4%	1.0%	₹60636.84 Cr	7.0%
JM Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1474.62 Cr	1.1%
JM Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1474.62 Cr	2.7%
Mirae Asset Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹1365.64 Cr	9.5%
DSP Midcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹19585.60 Cr	6.2%
Kotak Emerging Equity Scheme Regular Growth Very High Risk	1.4%	1.0%	₹60636.84 Cr	5.9%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹79.99 Cr	36.3%
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹424.94 Cr	26.8%
HDFC Mid-Cap Opportunities Fund Regular Growth Very High Risk	1.4%	1.0%	₹92641.55 Cr	11.8%
Nippon India ETF Nifty Midcap 150 Very High Risk	0.2%	-	₹2812.08 Cr	9.3%
UTI Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹11956.07 Cr	4.0%
Axis Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹31717.15 Cr	5.4%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹92641.55 Cr	12.5%
Aditya Birla Sun Life Mid Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹6300.76 Cr	8.5%
Baroda BNP Paribas Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2312.61 Cr	7.7%
SBI Magnum Midcap Fund Direct Growth Very High Risk	0.8%	0.0%	₹23314.80 Cr	2.8%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹13292.89 Cr	9.2%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.6%	0.0%	₹5497.27 Cr	10.5%
Taurus Discovery (Midcap) Fund Direct Growth Very High Risk	2.1%	1.0%	₹129.14 Cr	4.0%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹19585.60 Cr	7.2%
Quant Mid Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹8351.55 Cr	-5.9%
Franklin India Prima Fund Direct Growth Very High Risk	1.0%	1.0%	₹12831.02 Cr	6.1%
Motilal Oswal Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹754.65 Cr	10.4%
Union Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1633.88 Cr	7.7%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1633.88 Cr	9.2%
Edelweiss Mid Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹13650.47 Cr	7.6%
Motilal Oswal Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36880.18 Cr	-3.1%
LIC MF Midcap Fund Regular Growth Very High Risk	2.5%	1.0%	₹345.56 Cr	-0.2%
LIC MF Midcap Fund Direct Growth Very High Risk	1.4%	1.0%	₹345.56 Cr	0.9%
Kotak Nifty Midcap 50 ETF Very High Risk	0.1%	-	₹138.27 Cr	13.7%
Aditya Birla Sun Life Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹6300.76 Cr	7.6%

About the AMC

Bandhan Mutual Fund

022-66289999

https://bandhanmutual.com/

Total AUM

₹2,00,531 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 Silver ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Bandhan Silver ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Arudha Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
Bandhan Healthcare Fund Direct Growth Very High Risk	0.7%	0.0%	₹297.19 Cr	-
Bandhan BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹28.57 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.8%	0.0%	₹588.87 Cr	-
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹359.75 Cr	-
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth Moderate Risk	0.0%	0.0%	₹0.37 Cr	-
Bandhan Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹25.21 Cr	-
Bandhan Fixed Maturity Plan (FMP) - Series 209 (93 Days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Bandhan Nifty Alpha Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.80 Cr	-
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹12.34 Cr	7.0%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹29.79 Cr	-2.0%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹20.74 Cr	21.5%
Bandhan Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1449.71 Cr	8.0%
Bandhan Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹31.00 Cr	8.8%
Bandhan BSE Healthcare Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.19 Cr	1.0%
Bandhan Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹20.13 Cr	22.6%
Bandhan Nifty Total Market Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹40.76 Cr	8.1%
Bandhan Innovation Fund Direct Growth Very High Risk	0.6%	0.0%	₹1983.53 Cr	8.8%
Bandhan Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹127.62 Cr	3.3%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	0.0%	₹2702.47 Cr	23.5%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹60.85 Cr	-3.1%
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹508.19 Cr	-4.3%
Bandhan Retirement Fund Direct Growth Moderately High risk	0.7%	0.0%	₹187.52 Cr	9.1%
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹31.87 Cr	-7.2%
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 Low to Moderate Risk	-	0.0%	₹334.47 Cr	8.1%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1032.01 Cr	5.8%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹14538.39 Cr	6.5%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹13635.77 Cr	12.0%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2434.54 Cr	4.5%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹2050.87 Cr	12.4%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.3%	1.0%	₹19.26 Cr	9.2%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹2247.84 Cr	4.6%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹2059.19 Cr	3.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.3%	0.0%	₹339.51 Cr	7.3%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.9%	0.0%	₹1522.04 Cr	-4.6%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.0%	0.0%	₹102.32 Cr	7.3%
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.7%	0.0%	₹1393.38 Cr	6.9%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹478.39 Cr	4.5%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12313.03 Cr	7.5%
Bandhan Bond Fund - Short Term Plan Direct Growth Moderate Risk	0.3%	0.0%	₹10381.96 Cr	7.6%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹2268.15 Cr	11.5%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹10462.68 Cr	7.0%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7707.90 Cr	10.7%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹103.15 Cr	7.7%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.7%	0.0%	₹7333.38 Cr	9.9%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6612.51 Cr	7.2%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Bandhan Midcap Fund Direct Growth?

The NAV of Bandhan Midcap Fund Direct Growth, as of 16-Jan-2026, is ₹17.66.

What are the returns of Bandhan Midcap Fund Direct Growth?

The fund has generated 1.13% over the last 1 year and 21.51% 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 Midcap Fund Direct Growth?

The fund's allocation of assets is distributed as 96.29% in equities, 0.00% in bonds, and 3.70% in cash and cash equivalents.

Who manages the Bandhan Midcap Fund Direct Growth?

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

Harshal Joshi
Ritu Modi
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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Bandhan Midcap Fund Direct Growth

Fund Overview