Bandhan Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (25-Jul-24)
₹11.40-0.32%1D
Returns (Since Inception)
13.98%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,569 Cr
Expense Ratio
0.38%
ISIN
INF194KB1HM7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
31 Jan 2024
About this fund
Bandhan Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 5 months and 26 days, having been launched on 31-Jan-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.40, Assets Under Management (AUM) of 1568.73 Crores, and an expense ratio of 0.38%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.40, Assets Under Management (AUM) of 1568.73 Crores, and an expense ratio of 0.38%.
- Bandhan Multi Asset Allocation Fund Direct Growth has given a CAGR return of 13.98% since inception.
- The fund's asset allocation comprises around 50.10% in equities, 8.93% in debts, and 20.27% in cash & cash equivalents.
- You can start investing in Bandhan Multi Asset Allocation 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
+13.98%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹785.93 Cr | 50.10% |
| Debt | ₹140.04 Cr | 8.93% |
| Others | ₹642.76 Cr | 40.97% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹250.65 Cr | 15.98% |
| Ishares V Plc - Ishares Msci Acwi Ucits Etf | Mutual Fund - ETF | ₹161.12 Cr | 10.27% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹140.04 Cr | 8.93% |
| ICICI Prudential Silver ETF | Mutual Fund - ETF | ₹86.39 Cr | 5.51% |
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹80.39 Cr | 5.12% |
| Triparty Repo | Cash - Repurchase Agreement | ₹70.77 Cr | 4.51% |
| HDFC Bank Ltd | Equity | ₹56.62 Cr | 3.61% |
| Reliance Industries Ltd | Equity | ₹46.32 Cr | 2.95% |
| Infosys Ltd | Equity | ₹38.94 Cr | 2.48% |
| Hdfc Bank Limited July 2024 Future | Equity - Future | ₹-38.21 Cr | 2.44% |
| State Bank of India | Equity | ₹34.87 Cr | 2.22% |
| Bajaj Finance Ltd | Equity | ₹33.17 Cr | 2.11% |
| ICICI Bank Ltd | Equity | ₹30.61 Cr | 1.95% |
| ITC Ltd | Equity | ₹27.73 Cr | 1.77% |
| Future on State Bank of India | Equity - Future | ₹-27.57 Cr | 1.76% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-26.79 Cr | 1.71% |
| Axis Bank Ltd | Equity | ₹24.36 Cr | 1.55% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-24.16 Cr | 1.54% |
| Tata Consultancy Services Ltd | Equity | ₹24.05 Cr | 1.53% |
| IndusInd Bank Ltd | Equity | ₹22.1 Cr | 1.41% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-21.76 Cr | 1.39% |
| Bharti Airtel Ltd | Equity | ₹18.5 Cr | 1.18% |
| NTPC Ltd | Equity | ₹18.43 Cr | 1.17% |
| Bank of Baroda | Equity | ₹17.25 Cr | 1.10% |
| Future on ITC Ltd | Equity - Future | ₹-17.25 Cr | 1.10% |
| Infosys Limited July 2024 Future | Equity - Future | ₹-16.11 Cr | 1.03% |
| Future on Bank of Baroda | Equity - Future | ₹-13.62 Cr | 0.87% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-13.36 Cr | 0.85% |
| Tata Power Co Ltd | Equity | ₹13.32 Cr | 0.85% |
| Maruti Suzuki India Ltd | Equity | ₹12.97 Cr | 0.83% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-11.55 Cr | 0.74% |
| Kotak Mahindra Bank Ltd | Equity | ₹11.41 Cr | 0.73% |
| Larsen & Toubro Ltd | Equity | ₹10.67 Cr | 0.68% |
| V-Mart Retail Ltd | Equity | ₹10.23 Cr | 0.65% |
| Mahanagar Gas Ltd | Equity | ₹9.81 Cr | 0.63% |
| Samvardhana Motherson International Ltd | Equity | ₹9.52 Cr | 0.61% |
| Mahindra & Mahindra Ltd | Equity | ₹9.17 Cr | 0.58% |
| UNO Minda Ltd | Equity | ₹8.74 Cr | 0.56% |
| JSW Energy Ltd | Equity | ₹8.72 Cr | 0.56% |
| Tata Steel Ltd | Equity | ₹8.66 Cr | 0.55% |
| Net Receivables/Payables | Cash - Collateral | ₹-8.64 Cr | 0.55% |
| Suzlon Energy Ltd | Equity | ₹8.59 Cr | 0.55% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-8.55 Cr | 0.55% |
| Cipla Ltd | Equity | ₹8.29 Cr | 0.53% |
| Coforge Ltd | Equity | ₹8.28 Cr | 0.53% |
| Power Finance Corp Ltd | Equity | ₹8.25 Cr | 0.53% |
| Oil & Natural Gas Corp Ltd | Equity | ₹8.23 Cr | 0.52% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹8.22 Cr | 0.52% |
| Grasim Industries Ltd | Equity | ₹8.18 Cr | 0.52% |
| Bandhan Bank Ltd | Equity | ₹8.15 Cr | 0.52% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹8.09 Cr | 0.52% |
| LTIMindtree Ltd | Equity | ₹8.08 Cr | 0.51% |
| Kewal Kiran Clothing Ltd | Equity | ₹8.07 Cr | 0.51% |
| Rallis India Ltd | Equity | ₹7.99 Cr | 0.51% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹7.91 Cr | 0.50% |
| Jindal Steel & Power Ltd | Equity | ₹7.86 Cr | 0.50% |
| Dabur India Ltd | Equity | ₹7.86 Cr | 0.50% |
| Devyani International Ltd | Equity | ₹7.79 Cr | 0.50% |
| Sobha Ltd | Equity | ₹7.74 Cr | 0.49% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹7.61 Cr | 0.49% |
| HDFC Life Insurance Company Limited | Equity | ₹7.59 Cr | 0.48% |
| Britannia Industries Ltd | Equity | ₹7.53 Cr | 0.48% |
| Coal India Ltd | Equity | ₹7.46 Cr | 0.48% |
| Hero MotoCorp Ltd | Equity | ₹7.43 Cr | 0.47% |
| Updater Services Ltd | Equity | ₹7.43 Cr | 0.47% |
| Jindal Stainless Ltd | Equity | ₹7.4 Cr | 0.47% |
| Titan Co Ltd | Equity | ₹7.32 Cr | 0.47% |
| Aurobindo Pharma Ltd | Equity | ₹7.17 Cr | 0.46% |
| Angel One Ltd Ordinary Shares | Equity | ₹7.16 Cr | 0.46% |
| Yatra Online Ltd | Equity | ₹7.12 Cr | 0.45% |
| Avenue Supermarts Ltd | Equity | ₹6.86 Cr | 0.44% |
| Hindalco Industries Ltd | Equity | ₹6.85 Cr | 0.44% |
| Future on NTPC Ltd | Equity - Future | ₹-6.74 Cr | 0.43% |
| Indian Bank | Equity | ₹6.72 Cr | 0.43% |
| United Spirits Ltd | Equity | ₹6.61 Cr | 0.42% |
| Abbott India Ltd | Equity | ₹6.58 Cr | 0.42% |
| Tata Motors Ltd | Equity | ₹6.54 Cr | 0.42% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹6.53 Cr | 0.42% |
| Ambuja Cements Ltd | Equity | ₹6.53 Cr | 0.42% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹6.37 Cr | 0.41% |
| Vedant Fashions Ltd | Equity | ₹6.31 Cr | 0.40% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.14 Cr | 0.39% |
| Dr Reddy's Laboratories Ltd | Equity | ₹6.08 Cr | 0.39% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-6 Cr | 0.38% |
| Quess Corp Ltd | Equity | ₹5.88 Cr | 0.37% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹5.88 Cr | 0.37% |
| Future on Axis Bank Ltd | Equity - Future | ₹-5.73 Cr | 0.36% |
| Gujarat State Petronet Ltd | Equity | ₹5.63 Cr | 0.36% |
| CG Power & Industrial Solutions Ltd | Equity | ₹5.44 Cr | 0.35% |
| Oil India Ltd | Equity | ₹5.12 Cr | 0.33% |
| Exide Industries Ltd | Equity | ₹5.08 Cr | 0.32% |
| Trent Ltd | Equity | ₹4.98 Cr | 0.32% |
| Karur Vysya Bank Ltd | Equity | ₹4.92 Cr | 0.31% |
| VRL Logistics Ltd | Equity | ₹4.79 Cr | 0.31% |
| Voltas Ltd | Equity | ₹4.42 Cr | 0.28% |
| PB Fintech Ltd | Equity | ₹4.39 Cr | 0.28% |
| Polycab India Ltd | Equity | ₹4.37 Cr | 0.28% |
| Shriram Finance Ltd | Equity | ₹4.37 Cr | 0.28% |
| Supreme Industries Ltd | Equity | ₹4.34 Cr | 0.28% |
| Manappuram Finance Ltd | Equity | ₹4.34 Cr | 0.28% |
| V-Guard Industries Ltd | Equity | ₹4.31 Cr | 0.27% |
| Info Edge (India) Ltd | Equity | ₹4.2 Cr | 0.27% |
| Kirloskar Oil Engines Ltd | Equity | ₹4.18 Cr | 0.27% |
| Deepak Nitrite Ltd | Equity | ₹4.13 Cr | 0.26% |
| Siemens Ltd | Equity | ₹4.12 Cr | 0.26% |
| Godrej Properties Ltd | Equity | ₹4.11 Cr | 0.26% |
| Zensar Technologies Ltd | Equity | ₹4.09 Cr | 0.26% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹4.08 Cr | 0.26% |
| KEC International Ltd | Equity | ₹4.08 Cr | 0.26% |
| Zomato Ltd | Equity | ₹4.07 Cr | 0.26% |
| Bharat Heavy Electricals Ltd | Equity | ₹4.06 Cr | 0.26% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹4.04 Cr | 0.26% |
| Solar Industries India Ltd | Equity | ₹4.01 Cr | 0.26% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹3.99 Cr | 0.25% |
| KEI Industries Ltd | Equity | ₹3.98 Cr | 0.25% |
| Bharat Electronics Ltd | Equity | ₹3.98 Cr | 0.25% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹3.97 Cr | 0.25% |
| IndiaMART InterMESH Ltd | Equity | ₹3.97 Cr | 0.25% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹3.89 Cr | 0.25% |
| ABB India Ltd | Equity | ₹3.82 Cr | 0.24% |
| IFB Industries Ltd | Equity | ₹3.81 Cr | 0.24% |
| Signatureglobal (India) Ltd | Equity | ₹3.79 Cr | 0.24% |
| Affle India Ltd | Equity | ₹3.78 Cr | 0.24% |
| Power Mech Projects Ltd | Equity | ₹3.76 Cr | 0.24% |
| Thermax Ltd | Equity | ₹3.75 Cr | 0.24% |
| AU Small Finance Bank Ltd | Equity | ₹3.7 Cr | 0.24% |
| Kalpataru Projects International Ltd | Equity | ₹3.68 Cr | 0.23% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.63 Cr | 0.23% |
| Bajaj Auto Ltd | Equity | ₹3.61 Cr | 0.23% |
| Tech Mahindra Ltd | Equity | ₹3.6 Cr | 0.23% |
| BSE Ltd | Equity | ₹3.56 Cr | 0.23% |
| JSW Steel Ltd | Equity | ₹3.52 Cr | 0.22% |
| Future on JSW Steel Ltd | Equity - Future | ₹-3.52 Cr | 0.22% |
| Eicher Motors Ltd | Equity | ₹3.52 Cr | 0.22% |
| Max Financial Services Ltd | Equity | ₹3.5 Cr | 0.22% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹3.39 Cr | 0.22% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹3.34 Cr | 0.21% |
| 3M India Ltd | Equity | ₹3.3 Cr | 0.21% |
| Sona BLW Precision Forgings Ltd | Equity | ₹3.25 Cr | 0.21% |
| Poonawalla Fincorp Ltd | Equity | ₹3.15 Cr | 0.20% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹3.1 Cr | 0.20% |
| Biocon Ltd | Equity | ₹2.89 Cr | 0.18% |
| Lupin Ltd | Equity | ₹2.53 Cr | 0.16% |
| Future on Cipla Ltd | Equity - Future | ₹-2.04 Cr | 0.13% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 0.13% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.66 Cr | 0.11% |
| Rashi Peripherals Ltd | Equity | ₹1.47 Cr | 0.09% |
| Future on Tata Steel Ltd | Equity - Future | ₹-1.45 Cr | 0.09% |
| AIA Engineering Ltd | Equity | ₹1.41 Cr | 0.09% |
| Vedanta Ltd | Equity | ₹1.14 Cr | 0.07% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-0.97 Cr | 0.06% |
| Hindustan Unilever Ltd | Equity | ₹0.96 Cr | 0.06% |
| Metro Brands Ltd | Equity | ₹0.49 Cr | 0.03% |
| Mahindra Lifespace Developers Ltd | Equity | ₹0.35 Cr | 0.02% |
| Sobha Limited | Equity | ₹0.15 Cr | 0.01% |
| Cash / Bank Balance | Cash - Collateral | ₹0.08 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Collateral | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
30.08%
Mid Cap Stocks
12.51%
Small Cap Stocks
11.97%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹332.25 Cr | 21.18% |
| Consumer Cyclical | ₹145.95 Cr | 9.30% |
| Industrials | ₹112.44 Cr | 7.17% |
| Technology | ₹91.9 Cr | 5.86% |
| Basic Materials | ₹74.32 Cr | 4.74% |
| Energy | ₹67.13 Cr | 4.28% |
| Consumer Defensive | ₹57.55 Cr | 3.67% |
| Utilities | ₹55.91 Cr | 3.56% |
| Healthcare | ₹52.54 Cr | 3.35% |
| Communication Services | ₹30.45 Cr | 1.94% |
| Real Estate | ₹15.99 Cr | 1.02% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
GK
Gautam Kaul
Since January 2024
DP
Daylynn Pinto
Since January 2024
Viraj Kulkarni
Since January 2024
Nemish Sheth
Since January 2024
SB
Sreejith Balasubramanian
Since January 2024
RB
Ritika Behera
Since January 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF194KB1HM7 | Expense Ratio | 0.38% | Exit Load | No Charges | Fund Size | ₹1,569 Cr | Age | 31 Jan 2024 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Short Duration Debt Index PR 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 Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3404.39 Cr | 23.2% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3404.39 Cr | 25.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3601.88 Cr | 32.0% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3601.88 Cr | 30.3% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5537.39 Cr | 27.0% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2541.51 Cr | 41.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 2.0% | 1.0% | ₹2418.31 Cr | 37.2% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹43928.78 Cr | 31.0% |
| HDFC Multi - Asset Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3141.18 Cr | 22.7% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹101.71 Cr | 16.0% |
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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We're here to help.
What is the current NAV of Bandhan Multi Asset Allocation Fund Direct Growth?
The NAV of Bandhan Multi Asset Allocation Fund Direct Growth, as of 25-Jul-2024, is ₹11.40.
What is the portfolio composition of Bandhan Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 50.10% in equities, 8.93% in bonds, and 20.27% in cash and cash equivalents.
Who manages the Bandhan Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Bandhan Multi Asset Allocation Fund Direct Growth are:-
- Gautam Kaul
- Daylynn Pinto
- Viraj Kulkarni
- Nemish Sheth
- Sreejith Balasubramanian
- Ritika Behera
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.