Bandhan Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (11-Sep-24)
₹11.74-0.19%1D
Returns (Since Inception)
17.35%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,644 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 7 months and 12 days, having been launched on 31-Jan-24.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹11.74, Assets Under Management (AUM) of 1643.91 Crores, and an expense ratio of 0.38%.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹11.74, Assets Under Management (AUM) of 1643.91 Crores, and an expense ratio of 0.38%.
- Bandhan Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.35% since inception.
- The fund's asset allocation comprises around 61.03% in equities, 8.52% in debts, and 19.97% 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
+17.35%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,003.36 Cr | 61.03% |
| Debt | ₹140.08 Cr | 8.52% |
| Others | ₹500.47 Cr | 30.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹260.73 Cr | 15.86% |
| iShares MSCI ACWI ETF USD Acc | Mutual Fund - ETF | ₹163.71 Cr | 9.96% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹140.08 Cr | 8.52% |
| ICICI Prudential Silver ETF | Mutual Fund - ETF | ₹89.73 Cr | 5.46% |
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹85.56 Cr | 5.20% |
| HDFC Bank Ltd | Equity | ₹73.31 Cr | 4.46% |
| Triparty Repo Trp_010824 | Cash - Repurchase Agreement | ₹64.99 Cr | 3.95% |
| Infosys Ltd | Equity | ₹46.43 Cr | 2.82% |
| Reliance Industries Ltd | Equity | ₹44.54 Cr | 2.71% |
| Hdfc Bank Limited August 2024 Future | Equity - Future | ₹-36.7 Cr | 2.23% |
| State Bank of India | Equity | ₹35.83 Cr | 2.18% |
| ICICI Bank Ltd | Equity | ₹33.43 Cr | 2.03% |
| ITC Ltd | Equity | ₹32.33 Cr | 1.97% |
| Bajaj Finance Ltd | Equity | ₹31.73 Cr | 1.93% |
| Future on State Bank of India | Equity - Future | ₹-28.34 Cr | 1.72% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-27.14 Cr | 1.65% |
| Tata Consultancy Services Ltd | Equity | ₹27.01 Cr | 1.64% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-25.68 Cr | 1.56% |
| Axis Bank Ltd | Equity | ₹22.45 Cr | 1.37% |
| IndusInd Bank Ltd | Equity | ₹21.55 Cr | 1.31% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-20.82 Cr | 1.27% |
| NTPC Ltd | Equity | ₹20.26 Cr | 1.23% |
| Future on ITC Ltd | Equity - Future | ₹-20.11 Cr | 1.22% |
| Infosys Limited August 2024 Future | Equity - Future | ₹-19.26 Cr | 1.17% |
| Bharti Airtel Ltd | Equity | ₹19.11 Cr | 1.16% |
| Hindustan Unilever Ltd | Equity | ₹17.29 Cr | 1.05% |
| Kotak Mahindra Bank Ltd | Equity | ₹15.78 Cr | 0.96% |
| Maruti Suzuki India Ltd | Equity | ₹14.13 Cr | 0.86% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-13.81 Cr | 0.84% |
| Tata Power Co Ltd | Equity | ₹13.72 Cr | 0.83% |
| Future on Bank of Baroda | Equity - Future | ₹-12.55 Cr | 0.76% |
| Bank of Baroda | Equity | ₹12.46 Cr | 0.76% |
| V-Mart Retail Ltd | Equity | ₹11.99 Cr | 0.73% |
| Larsen & Toubro Ltd | Equity | ₹11.47 Cr | 0.70% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-11.29 Cr | 0.69% |
| Suzlon Energy Ltd | Equity | ₹11.27 Cr | 0.69% |
| Oil & Natural Gas Corp Ltd | Equity | ₹10.03 Cr | 0.61% |
| Coforge Ltd | Equity | ₹9.56 Cr | 0.58% |
| Power Finance Corp Ltd | Equity | ₹9.47 Cr | 0.58% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹9.19 Cr | 0.56% |
| HDFC Life Insurance Company Limited | Equity | ₹9.13 Cr | 0.56% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹8.8 Cr | 0.54% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-8.79 Cr | 0.53% |
| Yatra Online Ltd | Equity | ₹8.75 Cr | 0.53% |
| Bandhan Bank Ltd | Equity | ₹8.72 Cr | 0.53% |
| Mahanagar Gas Ltd | Equity | ₹8.68 Cr | 0.53% |
| Cipla Ltd | Equity | ₹8.65 Cr | 0.53% |
| JSW Energy Ltd | Equity | ₹8.64 Cr | 0.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹8.54 Cr | 0.52% |
| Aurobindo Pharma Ltd | Equity | ₹8.51 Cr | 0.52% |
| Grasim Industries Ltd | Equity | ₹8.51 Cr | 0.52% |
| LTIMindtree Ltd | Equity | ₹8.49 Cr | 0.52% |
| Devyani International Ltd | Equity | ₹8.48 Cr | 0.52% |
| Titan Co Ltd | Equity | ₹8.47 Cr | 0.52% |
| Rallis India Ltd | Equity | ₹8.47 Cr | 0.52% |
| Coal India Ltd | Equity | ₹8.24 Cr | 0.50% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹8.14 Cr | 0.50% |
| Britannia Industries Ltd | Equity | ₹7.95 Cr | 0.48% |
| Updater Services Ltd | Equity | ₹7.9 Cr | 0.48% |
| Samvardhana Motherson International Ltd | Equity | ₹7.86 Cr | 0.48% |
| Tata Motors Ltd | Equity | ₹7.64 Cr | 0.46% |
| Kewal Kiran Clothing Ltd | Equity | ₹7.51 Cr | 0.46% |
| Indian Bank | Equity | ₹7.5 Cr | 0.46% |
| Jindal Steel & Power Ltd | Equity | ₹7.44 Cr | 0.45% |
| Future on NTPC Ltd | Equity - Future | ₹-7.34 Cr | 0.45% |
| United Spirits Ltd | Equity | ₹7.31 Cr | 0.44% |
| Hero MotoCorp Ltd | Equity | ₹7.31 Cr | 0.44% |
| UNO Minda Ltd | Equity | ₹7.29 Cr | 0.44% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹7.28 Cr | 0.44% |
| NMDC Ltd | Equity | ₹7.25 Cr | 0.44% |
| Avenue Supermarts Ltd | Equity | ₹7.18 Cr | 0.44% |
| Sobha Ltd | Equity | ₹7.12 Cr | 0.43% |
| Quess Corp Ltd | Equity | ₹6.99 Cr | 0.43% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.94 Cr | 0.42% |
| Vedant Fashions Ltd | Equity | ₹6.9 Cr | 0.42% |
| Abbott India Ltd | Equity | ₹6.76 Cr | 0.41% |
| Jindal Stainless Ltd | Equity | ₹6.66 Cr | 0.41% |
| Ambuja Cements Ltd | Equity | ₹6.62 Cr | 0.40% |
| Hindalco Industries Ltd | Equity | ₹6.62 Cr | 0.40% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-6.49 Cr | 0.39% |
| Gujarat State Petronet Ltd | Equity | ₹6.45 Cr | 0.39% |
| Dr Reddy's Laboratories Ltd | Equity | ₹6.41 Cr | 0.39% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹6.39 Cr | 0.39% |
| Mahindra & Mahindra Ltd | Equity | ₹6.34 Cr | 0.39% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹6.28 Cr | 0.38% |
| Voltas Ltd | Equity | ₹6.15 Cr | 0.37% |
| Oil India Ltd | Equity | ₹6.13 Cr | 0.37% |
| CG Power & Industrial Solutions Ltd | Equity | ₹5.68 Cr | 0.35% |
| Trent Ltd | Equity | ₹5.3 Cr | 0.32% |
| Future on Axis Bank Ltd | Equity - Future | ₹-5.28 Cr | 0.32% |
| Deepak Nitrite Ltd | Equity | ₹5.1 Cr | 0.31% |
| VRL Logistics Ltd | Equity | ₹4.89 Cr | 0.30% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹4.81 Cr | 0.29% |
| Exide Industries Ltd | Equity | ₹4.71 Cr | 0.29% |
| Power Mech Projects Ltd | Equity | ₹4.71 Cr | 0.29% |
| Zomato Ltd | Equity | ₹4.66 Cr | 0.28% |
| V-Guard Industries Ltd | Equity | ₹4.6 Cr | 0.28% |
| Karur Vysya Bank Ltd | Equity | ₹4.57 Cr | 0.28% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹4.51 Cr | 0.27% |
| Emami Ltd | Equity | ₹4.49 Cr | 0.27% |
| Manappuram Finance Ltd | Equity | ₹4.47 Cr | 0.27% |
| Polycab India Ltd | Equity | ₹4.45 Cr | 0.27% |
| Shriram Finance Ltd | Equity | ₹4.4 Cr | 0.27% |
| AU Small Finance Bank Ltd | Equity | ₹4.36 Cr | 0.27% |
| IndiaMART InterMESH Ltd | Equity | ₹4.36 Cr | 0.27% |
| Info Edge (India) Ltd | Equity | ₹4.35 Cr | 0.26% |
| Zensar Technologies Ltd | Equity | ₹4.35 Cr | 0.26% |
| Solar Industries India Ltd | Equity | ₹4.31 Cr | 0.26% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹4.29 Cr | 0.26% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹4.29 Cr | 0.26% |
| Kalpataru Projects International Ltd | Equity | ₹4.29 Cr | 0.26% |
| KEC International Ltd | Equity | ₹4.26 Cr | 0.26% |
| Bharat Heavy Electricals Ltd | Equity | ₹4.26 Cr | 0.26% |
| Affle India Ltd | Equity | ₹4.25 Cr | 0.26% |
| Godrej Properties Ltd | Equity | ₹4.13 Cr | 0.25% |
| IFB Industries Ltd | Equity | ₹4.13 Cr | 0.25% |
| Bharat Electronics Ltd | Equity | ₹4.11 Cr | 0.25% |
| Signatureglobal (India) Ltd | Equity | ₹4.06 Cr | 0.25% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹4.01 Cr | 0.24% |
| Max Financial Services Ltd | Equity | ₹4 Cr | 0.24% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.93 Cr | 0.24% |
| Tech Mahindra Ltd | Equity | ₹3.92 Cr | 0.24% |
| Supreme Industries Ltd | Equity | ₹3.91 Cr | 0.24% |
| KEI Industries Ltd | Equity | ₹3.9 Cr | 0.24% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹3.87 Cr | 0.24% |
| Siemens Ltd | Equity | ₹3.82 Cr | 0.23% |
| Kirloskar Oil Engines Ltd | Equity | ₹3.7 Cr | 0.23% |
| Bajaj Auto Ltd | Equity | ₹3.67 Cr | 0.22% |
| Lupin Ltd | Equity | ₹3.63 Cr | 0.22% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹3.62 Cr | 0.22% |
| ABB India Ltd | Equity | ₹3.55 Cr | 0.22% |
| Thermax Ltd | Equity | ₹3.55 Cr | 0.22% |
| Future on JSW Steel Ltd | Equity - Future | ₹-3.54 Cr | 0.22% |
| 3M India Ltd | Equity | ₹3.52 Cr | 0.21% |
| Net Receivables/Payables | Cash - Collateral | ₹-3.51 Cr | 0.21% |
| JSW Steel Ltd | Equity | ₹3.51 Cr | 0.21% |
| Sona BLW Precision Forgings Ltd | Equity | ₹3.45 Cr | 0.21% |
| Poonawalla Fincorp Ltd | Equity | ₹3.4 Cr | 0.21% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹3.19 Cr | 0.19% |
| Biocon Ltd | Equity | ₹2.98 Cr | 0.18% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-2.87 Cr | 0.17% |
| BSE Ltd | Equity | ₹2.12 Cr | 0.13% |
| Cipla Limited August 2024 Future | Equity - Future | ₹-2.1 Cr | 0.13% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 0.12% |
| Rashi Peripherals Ltd | Equity | ₹1.82 Cr | 0.11% |
| FSN E-Commerce Ventures Ltd | Equity | ₹1.75 Cr | 0.11% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.6 Cr | 0.10% |
| Future on Tata Steel Ltd | Equity - Future | ₹-1.37 Cr | 0.08% |
| Tata Steel Ltd | Equity | ₹1.36 Cr | 0.08% |
| Vedanta Ltd | Equity | ₹1.13 Cr | 0.07% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-1.06 Cr | 0.06% |
| Future on Lupin Ltd | Equity - Future | ₹-0.65 Cr | 0.04% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹0.52 Cr | 0.03% |
| Mahindra Lifespace Developers Ltd | Equity | ₹0.35 Cr | 0.02% |
| Cash / Bank Balance | Cash - Collateral | ₹0.2 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
31.26%
Mid Cap Stocks
12.82%
Small Cap Stocks
11.89%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹343.7 Cr | 20.91% |
| Consumer Cyclical | ₹147.33 Cr | 8.96% |
| Industrials | ₹119.11 Cr | 7.25% |
| Technology | ₹106.39 Cr | 6.47% |
| Consumer Defensive | ₹76.56 Cr | 4.66% |
| Basic Materials | ₹75.78 Cr | 4.61% |
| Energy | ₹68.94 Cr | 4.19% |
| Utilities | ₹57.74 Cr | 3.51% |
| Healthcare | ₹57.37 Cr | 3.49% |
| Communication Services | ₹32.06 Cr | 1.95% |
| Real Estate | ₹16.18 Cr | 0.98% |
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
RB
Ritika Behera
Since January 2024
GS
Gaurav Satra
Since June 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF194KB1HM7 | Expense Ratio | 0.38% | Exit Load | No Charges | Fund Size | ₹1,644 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 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% | ₹3508.90 Cr | 22.8% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3508.90 Cr | 24.7% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3854.24 Cr | 31.4% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3854.24 Cr | 29.7% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 23.2% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 44.4% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2912.96 Cr | 36.8% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹48201.26 Cr | 29.1% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3524.55 Cr | 22.2% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹105.01 Cr | 14.5% |
About the AMC
Total AUM
₹1,54,037 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 11-Sep-2024, is ₹11.74.
What is the portfolio composition of Bandhan Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 61.03% in equities, 8.52% in bonds, and 19.97% 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
- 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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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.