Bandhan Multi-Factor Fund Direct Growth

Fund Overview

Fund Size

₹589 Cr

Expense Ratio

0.76%

ISIN

INF194KB1JX0

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

30 Jul 2025

About this fund

Bandhan Multi-Factor Fund Direct Growth is a Equity - Other mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 6 months, having been launched on 30-Jul-25.
As of 29-Jan-26, it has a Net Asset Value (NAV) of ₹10.83, Assets Under Management (AUM) of 588.87 Crores, and an expense ratio of 0.76%.

Bandhan Multi-Factor Fund Direct Growth has given a CAGR return of 8.34% since inception.
The fund's asset allocation comprises around 99.87% in equities, 0.00% in debts, and 0.13% in cash & cash equivalents.
You can start investing in Bandhan Multi-Factor 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

+8.34%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹588.09 Cr	99.87%
Others	₹0.78 Cr	0.13%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Mahindra & Mahindra Ltd	Equity	₹23.58 Cr	4.00%
Hero MotoCorp Ltd	Equity	₹23.55 Cr	4.00%
Hindalco Industries Ltd	Equity	₹23.45 Cr	3.98%
Bharti Airtel Ltd	Equity	₹23.24 Cr	3.95%
HCL Technologies Ltd	Equity	₹23.08 Cr	3.92%
Ashok Leyland Ltd	Equity	₹23.05 Cr	3.92%
Tata Consultancy Services Ltd	Equity	₹22.82 Cr	3.87%
InterGlobe Aviation Ltd	Equity	₹22.67 Cr	3.85%
Tata Steel Ltd	Equity	₹22.09 Cr	3.75%
NTPC Ltd	Equity	₹21.41 Cr	3.64%
Bajaj Auto Ltd	Equity	₹21.23 Cr	3.61%
Vedanta Ltd	Equity	₹20.91 Cr	3.55%
Hindustan Unilever Ltd	Equity	₹20.81 Cr	3.53%
HDFC Asset Management Co Ltd	Equity	₹19.64 Cr	3.34%
Mahindra & Mahindra Financial Services Ltd	Equity	₹18.87 Cr	3.20%
Coal India Ltd	Equity	₹17.33 Cr	2.94%
Adani Ports & Special Economic Zone Ltd	Equity	₹16.78 Cr	2.85%
Power Grid Corp Of India Ltd	Equity	₹15.54 Cr	2.64%
Bharat Petroleum Corp Ltd	Equity	₹15.2 Cr	2.58%
GMR Airports Ltd	Equity	₹14.68 Cr	2.49%
JSW Steel Ltd	Equity	₹14.29 Cr	2.43%
Indian Oil Corp Ltd	Equity	₹12.72 Cr	2.16%
Oil & Natural Gas Corp Ltd	Equity	₹12.33 Cr	2.09%
Muthoot Finance Ltd	Equity	₹11.98 Cr	2.03%
Lupin Ltd	Equity	₹11.61 Cr	1.97%
LTIMindtree Ltd	Equity	₹11.45 Cr	1.94%
Power Finance Corp Ltd	Equity	₹10.59 Cr	1.80%
Hindustan Petroleum Corp Ltd	Equity	₹10.1 Cr	1.71%
Glenmark Pharmaceuticals Ltd	Equity	₹10.09 Cr	1.71%
REC Ltd	Equity	₹9.13 Cr	1.55%
Indian Bank	Equity	₹8.73 Cr	1.48%
GAIL (India) Ltd	Equity	₹7.59 Cr	1.29%
Shree Cement Ltd	Equity	₹7.3 Cr	1.24%
Bank of India	Equity	₹6.94 Cr	1.18%
MRF Ltd	Equity	₹5.82 Cr	0.99%
Canara Bank	Equity	₹5.6 Cr	0.95%
Oil India Ltd	Equity	₹5.47 Cr	0.93%
Zydus Lifesciences Ltd	Equity	₹4.68 Cr	0.79%
LIC Housing Finance Ltd	Equity	₹4.34 Cr	0.74%
JK Cement Ltd	Equity	₹3.89 Cr	0.66%
ACC Ltd	Equity	₹3.21 Cr	0.54%
Triparty Repo Trp_010126	Cash - Repurchase Agreement	₹2.77 Cr	0.47%
Net Current Assets	Cash	₹-2.01 Cr	0.34%
^^kwality Walls (India) Limited **	Equity	₹0.32 Cr	0.05%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0.02 Cr	0.00%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹95.81 Cr	16.27%
Basic Materials	₹95.13 Cr	16.16%
Industrials	₹77.18 Cr	13.11%
Consumer Cyclical	₹74.19 Cr	12.60%
Energy	₹73.13 Cr	12.42%
Technology	₹57.35 Cr	9.74%
Utilities	₹44.55 Cr	7.56%
Healthcare	₹26.37 Cr	4.48%
Communication Services	₹23.24 Cr	3.95%
Consumer Defensive	₹20.81 Cr	3.53%

Risk & Performance Ratios

Fund Managers

Brijesh Shah

Since July 2025

Rishi Sharma

Since July 2025

Additional Scheme Detailsas of 31st December 2025

ISIN

INF194KB1JX0

Expense Ratio

0.76%

Exit Load

No Charges

Fund Size

₹589 Cr

Age

6 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

BSE 200 India 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 Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Nifty MNC ETF	-	-	-	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF	-	-	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	-	0.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty Chemicals ETF Very High Risk	-	-	-	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	-	0.0%	₹288.91 Cr	-
Diviniti Equity Long Short Fund Regular Growth Very High Risk	-	0.0%	₹288.91 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹7.77 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.3%	0.0%	₹907.29 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹907.29 Cr	-
Altiva Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹1306.26 Cr	-
Magnum Hybrid Long Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2118.93 Cr	-
Altiva Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹1306.26 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2118.93 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.3%	1.0%	₹877.10 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.2%	1.0%	₹877.10 Cr	-
qsif Equity Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
qsif Equity Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹39.72 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.3%	0.0%	₹39.72 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	0.6%	1.0%	₹769.73 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	2.3%	1.0%	₹769.73 Cr	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.64 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.8%	0.0%	₹1391.80 Cr	-
Kotak Active Momentum Fund Regular Growth Very High Risk	2.1%	0.0%	₹1391.80 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.5%	1.0%	₹68.91 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.6%	1.0%	₹68.91 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹588.87 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.8%	0.0%	₹588.87 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	0.9%	1.0%	₹1438.36 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.1%	1.0%	₹1438.36 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1859.16 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.1%	1.0%	₹1859.16 Cr	-
Nippon India MNC Fund Direct Growth Very High Risk	1.2%	1.0%	₹440.65 Cr	-
Nippon India MNC Fund Regular Growth Very High Risk	2.5%	1.0%	₹440.65 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2707.09 Cr	-
HDFC Innovation Fund Regular Growth Very High Risk	2.0%	1.0%	₹2707.09 Cr	-
Mirae Asset Nifty India Internet ETF Very High Risk	0.2%	-	₹18.35 Cr	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹4.71 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹1.92 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	1.5%	1.0%	₹97.55 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.5%	1.0%	₹97.55 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2316.38 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.0%	1.0%	₹2316.38 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹108.91 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-

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 Gold ETF FOF Direct Growth 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	1.7%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹12.34 Cr	6.6%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹29.79 Cr	2.2%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹20.74 Cr	27.9%
Bandhan Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1449.71 Cr	9.0%
Bandhan Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹31.00 Cr	10.2%
Bandhan BSE Healthcare Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹17.19 Cr	-0.3%
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	8.9%
Bandhan Innovation Fund Direct Growth Very High Risk	0.6%	0.0%	₹1983.53 Cr	10.9%
Bandhan Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹127.62 Cr	2.9%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	0.0%	₹2702.47 Cr	28.6%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹60.85 Cr	0.0%
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹508.19 Cr	0.1%
Bandhan Retirement Fund Direct Growth Moderately High risk	0.7%	0.0%	₹187.52 Cr	9.8%
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹31.87 Cr	-8.7%
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	5.7%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹14538.39 Cr	6.4%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹13635.77 Cr	13.1%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2434.54 Cr	3.7%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹2050.87 Cr	12.7%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.1%	1.0%	₹19.26 Cr	9.0%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹2247.84 Cr	3.9%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹2059.19 Cr	4.6%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.3%	0.0%	₹339.51 Cr	6.7%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.9%	0.0%	₹1522.04 Cr	0.9%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.0%	0.0%	₹102.32 Cr	6.4%
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.7%	0.0%	₹1393.38 Cr	6.5%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹478.39 Cr	4.0%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12313.03 Cr	7.4%
Bandhan Bond Fund - Short Term Plan Direct Growth Moderate Risk	0.3%	0.0%	₹10381.96 Cr	7.3%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹2268.15 Cr	10.9%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹10462.68 Cr	8.5%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7707.90 Cr	11.0%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹103.15 Cr	7.5%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.7%	0.0%	₹7333.38 Cr	10.8%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6612.51 Cr	7.0%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Bandhan Multi-Factor Fund Direct Growth?

The NAV of Bandhan Multi-Factor Fund Direct Growth, as of 29-Jan-2026, is ₹10.83.

What is the portfolio composition of Bandhan Multi-Factor Fund Direct Growth?

The fund's allocation of assets is distributed as 99.87% in equities, 0.00% in bonds, and 0.13% in cash and cash equivalents.

Who manages the Bandhan Multi-Factor Fund Direct Growth?

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

Brijesh Shah
Rishi Sharma

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 Multi-Factor Fund Direct Growth

Fund Overview