Bandhan Retirement Fund Direct Growth

Fund Overview

Fund Size

₹173 Cr

Expense Ratio

0.67%

ISIN

INF194KB1GU2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

19 Oct 2023

About this fund

Bandhan Retirement Fund Direct Growth is a Retirement mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 10 months and 24 days, having been launched on 19-Oct-23.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹12.53, Assets Under Management (AUM) of 173.16 Crores, and an expense ratio of 0.67%.

Bandhan Retirement Fund Direct Growth has given a CAGR return of 25.38% since inception.
The fund's asset allocation comprises around 54.01% in equities, 23.72% in debts, and 22.27% in cash & cash equivalents.
You can start investing in Bandhan Retirement 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

+25.38%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2024

Equity	₹93.52 Cr	54.01%
Debt	₹41.07 Cr	23.72%
Others	₹38.57 Cr	22.27%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹35.85 Cr	20.70%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹30.9 Cr	17.84%
Reliance Industries Ltd	Equity	₹10.89 Cr	6.29%
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹10.17 Cr	5.87%
ICICI Bank Ltd	Equity	₹8.17 Cr	4.72%
Bharti Airtel Ltd	Equity	₹8.16 Cr	4.71%
Larsen & Toubro Ltd	Equity	₹6.54 Cr	3.77%
HDFC Bank Ltd	Equity	₹5.02 Cr	2.90%
Future on Bharti Airtel Ltd	Equity - Future	₹-4.96 Cr	2.87%
Titan Co Ltd	Equity	₹4.81 Cr	2.78%
Future on Reliance Industries Ltd	Equity - Future	₹-4.76 Cr	2.75%
Future on Larsen & Toubro Ltd	Equity - Future	₹-4.02 Cr	2.32%
Icici Bank Limited August 2024 Future	Equity - Future	₹-3.99 Cr	2.30%
Axis Bank Ltd	Equity	₹3.95 Cr	2.28%
ITC Ltd	Equity	₹3.72 Cr	2.15%
Future on HCL Technologies Ltd	Equity - Future	₹-3.46 Cr	2.00%
Infosys Ltd	Equity	₹3.46 Cr	2.00%
HCL Technologies Ltd	Equity	₹3.45 Cr	1.99%
Titan Company Limited August 2024 Future	Equity - Future	₹-3.41 Cr	1.97%
Future on Tata Consultancy Services Ltd	Equity - Future	₹-3.31 Cr	1.91%
Tata Consultancy Services Ltd	Equity	₹3.3 Cr	1.91%
Info Edge (India) Ltd	Equity	₹3.29 Cr	1.90%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-3.2 Cr	1.85%
Kotak Mahindra Bank Ltd	Equity	₹3.18 Cr	1.84%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-3.15 Cr	1.82%
Maruti Suzuki India Ltd	Equity	₹3.15 Cr	1.82%
Power Finance Corp Ltd	Equity	₹3.03 Cr	1.75%
Jindal Steel & Power Ltd	Equity	₹2.96 Cr	1.71%
Zomato Ltd	Equity	₹2.75 Cr	1.59%
NHPC Ltd	Equity	₹2.71 Cr	1.57%
InterGlobe Aviation Ltd	Equity	₹2.39 Cr	1.38%
UNO Minda Ltd	Equity	₹2.36 Cr	1.36%
Tata Motors Ltd	Equity	₹2.34 Cr	1.35%
Hero MotoCorp Ltd	Equity	₹2.3 Cr	1.33%
Coal India Ltd	Equity	₹2.25 Cr	1.30%
Hindalco Industries Ltd	Equity	₹1.89 Cr	1.09%
Tech Mahindra Ltd	Equity	₹1.78 Cr	1.03%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹1.72 Cr	0.99%
Cipla Ltd	Equity	₹1.72 Cr	0.99%
Cash Margin - Derivatives	Cash - Collateral	₹1.7 Cr	0.98%
Max Financial Services Ltd	Equity	₹1.61 Cr	0.93%
Cholamandalam Investment and Finance Co Ltd	Equity	₹1.59 Cr	0.92%
Future on Bajaj Finserv Ltd	Equity - Future	₹-1.58 Cr	0.91%
Bajaj Finserv Ltd	Equity	₹1.57 Cr	0.91%
United Spirits Ltd	Equity	₹1.41 Cr	0.82%
Vishnu Chemicals Ltd	Equity	₹1.39 Cr	0.80%
IndusInd Bank Ltd	Equity	₹1.29 Cr	0.74%
Dhanuka Agritech Ltd	Equity	₹1.23 Cr	0.71%
Lupin Ltd	Equity	₹1.2 Cr	0.69%
CG Power & Industrial Solutions Ltd	Equity	₹1.18 Cr	0.68%
Varun Beverages Ltd	Equity	₹1.16 Cr	0.67%
Jindal Stainless Ltd	Equity	₹1.11 Cr	0.64%
Triparty Repo Trp_010824	Cash - Repurchase Agreement	₹1.1 Cr	0.64%
Adani Ports & Special Economic Zone Ltd	Equity	₹1.1 Cr	0.63%
IRB Infrastructure Developers Ltd	Equity	₹1 Cr	0.58%
HDFC Life Insurance Company Limited	Equity	₹0.94 Cr	0.54%
Union Bank of India	Equity	₹0.89 Cr	0.51%
Wipro Ltd	Equity	₹0.86 Cr	0.50%
Macrotech Developers Ltd	Equity	₹0.86 Cr	0.50%
Sobha Ltd	Equity	₹0.78 Cr	0.45%
Mahindra & Mahindra Financial Services Ltd	Equity	₹0.73 Cr	0.42%
TVS Motor Co Ltd	Equity	₹0.7 Cr	0.40%
PTC India Financial Services Ltd	Equity	₹0.69 Cr	0.40%
Aadhar Housing Finance Ltd	Equity	₹0.67 Cr	0.39%
Central Depository Services (India) Ltd	Equity	₹0.63 Cr	0.36%
Juniper Hotels Ltd	Equity	₹0.59 Cr	0.34%
Mankind Pharma Ltd	Equity	₹0.49 Cr	0.28%
Jubilant Ingrevia Ltd Ordinary Shares	Equity	₹0.46 Cr	0.27%
Zee Entertainment Enterprises Ltd	Equity	₹0.39 Cr	0.22%
Poonawalla Fincorp Ltd	Equity	₹0.36 Cr	0.21%
Indus Towers Ltd Ordinary Shares	Equity	₹0.31 Cr	0.18%
Neogen Chemicals Ltd	Equity	₹0.28 Cr	0.16%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹0.26 Cr	0.15%
GAIL (India) Ltd	Equity	₹0.21 Cr	0.12%
Net Receivables/Payables	Cash - Collateral	₹-0.13 Cr	0.08%
GPT Healthcare Ltd	Equity	₹0.12 Cr	0.07%
Sobha Ltd Ordinary Shares (Partly Paid Rs.5)	Equity	₹0.06 Cr	0.03%
Cash / Bank Balance	Cash - Collateral	₹0.05 Cr	0.03%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0 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	₹34.31 Cr	19.82%
Consumer Cyclical	₹19.27 Cr	11.13%
Technology	₹14.57 Cr	8.41%
Energy	₹13.14 Cr	7.59%
Industrials	₹12.2 Cr	7.05%
Communication Services	₹12.14 Cr	7.01%
Basic Materials	₹9.31 Cr	5.38%
Consumer Defensive	₹6.29 Cr	3.63%
Healthcare	₹3.53 Cr	2.04%
Utilities	₹2.92 Cr	1.69%
Real Estate	₹1.69 Cr	0.98%

Risk & Performance Ratios

Fund Managers

Gautam Kaul

Since October 2023

Brijesh Shah

Since June 2024

Vishal Biraia

Since January 2024

Ritika Behera

Since October 2023

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st July 2024

ISIN

INF194KB1GU2

Expense Ratio

0.67%

Exit Load

No Charges

Fund Size

₹173 Cr

Age

19 Oct 2023

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Hybrid 50+50 - Moderate 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:

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 Retirement Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Retirement Savings Moderate Fund Regular Growth Very High Risk	2.0%	1.0%	₹2205.81 Cr	27.8%
Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk	2.2%	1.0%	₹175.70 Cr	13.5%
Tata Retirement Savings Progressive Fund Regular Growth Very High Risk	2.0%	1.0%	₹2131.58 Cr	33.0%
Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk	2.2%	0.0%	₹950.70 Cr	34.2%
Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk	0.7%	0.0%	₹76.28 Cr	20.7%
Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk	0.9%	0.0%	₹950.70 Cr	36.0%
Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk	2.4%	0.0%	₹393.70 Cr	37.9%
Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk	1.0%	0.0%	₹393.70 Cr	39.7%
Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk	2.1%	0.0%	₹76.28 Cr	19.0%
Franklin India Pension Plan Regular Growth High Risk	2.3%	3.0%	₹526.40 Cr	17.6%

About the AMC

Bandhan Mutual Fund

022-66289999

https://bandhanmutual.com/

Total AUM

₹1,54,037 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 Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1643.91 Cr	-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹37.26 Cr	-
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹187.37 Cr	-
Bandhan Retirement Fund Direct Growth Very High Risk	0.7%	0.0%	₹173.16 Cr	-
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹22.66 Cr	33.6%
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 Moderate Risk	-	0.0%	₹286.43 Cr	9.0%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1750.01 Cr	6.8%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹13040.09 Cr	7.4%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.7%	1.0%	₹5982.52 Cr	53.6%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.8%	0.0%	₹2448.60 Cr	12.2%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹1574.65 Cr	39.7%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.5%	1.0%	₹18.63 Cr	28.3%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹2543.49 Cr	12.5%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹1651.77 Cr	41.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.3%	0.0%	₹332.96 Cr	10.2%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.8%	0.0%	₹1934.06 Cr	66.7%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.1%	0.0%	₹116.26 Cr	13.7%
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.6%	0.0%	₹1522.87 Cr	8.7%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹491.99 Cr	9.1%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6059.09 Cr	7.6%
Bandhan Bond Fund - Short Term Plan Direct Growth Moderate Risk	0.3%	0.0%	₹8726.14 Cr	8.5%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹1443.55 Cr	25.8%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹10241.88 Cr	36.4%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7757.92 Cr	33.8%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹115.08 Cr	8.2%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.6%	0.0%	₹7178.74 Cr	29.9%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5879.14 Cr	7.4%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth Moderately High risk	0.3%	1.0%	₹6.48 Cr	13.9%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹486.05 Cr	7.9%
Bandhan Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2488.34 Cr	39.4%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹919.99 Cr	35.8%
Bandhan Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹277.49 Cr	8.1%
Bandhan Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹6966.70 Cr	8.4%
Bandhan US Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹315.01 Cr	28.4%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth Moderate Risk	-	0.0%	₹396.61 Cr	9.6%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹171.07 Cr	8.5%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹363.70 Cr	9.0%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3744.87 Cr	7.4%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth High Risk	0.4%	1.0%	₹19.81 Cr	21.9%
Bandhan Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹136.00 Cr	11.0%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹151.24 Cr	6.6%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹980.39 Cr	37.0%
Bandhan All Seasons Bond Fund Direct Growth Moderate Risk	0.1%	0.0%	₹121.68 Cr	8.2%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹130.52 Cr	53.2%
Bandhan Emerging Businesses Fund Direct Growth Very High Risk	0.3%	1.0%	₹6640.27 Cr	71.0%
Bandhan Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹759.92 Cr	28.6%
Bandhan Nifty 100 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹144.47 Cr	31.2%
Bandhan Credit Risk Fund Direct Growth Moderately High risk	0.7%	1.0%	₹334.05 Cr	8.2%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

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

The NAV of Bandhan Retirement Fund Direct Growth, as of 11-Sep-2024, is ₹12.53.

What is the portfolio composition of Bandhan Retirement Fund Direct Growth?

The fund's allocation of assets is distributed as 54.01% in equities, 23.72% in bonds, and 22.27% in cash and cash equivalents.

Who manages the Bandhan Retirement Fund Direct Growth?

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

Gautam Kaul
Brijesh Shah
Vishal Biraia
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.

;

©2021-2022 Dezerv. All Rights Reserved

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.