Bandhan Retirement Fund Direct Growth
HybridRetirementVery High Risk
Direct
NAV (25-Jul-24)
₹12.29-0.15%1D
Returns (Since Inception)
22.96%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹169 Cr
Expense Ratio
0.62%
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 9 months and 7 days, having been launched on 19-Oct-23.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.29, Assets Under Management (AUM) of 168.82 Crores, and an expense ratio of 0.62%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.29, Assets Under Management (AUM) of 168.82 Crores, and an expense ratio of 0.62%.
- Bandhan Retirement Fund Direct Growth has given a CAGR return of 22.96% since inception.
- The fund's asset allocation comprises around 53.71% in equities, 24.29% in debts, and 22.00% 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
+22.96%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹90.67 Cr | 53.71% |
| Debt | ₹41.01 Cr | 24.29% |
| Others | ₹37.14 Cr | 22.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹34.49 Cr | 20.43% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹30.89 Cr | 18.30% |
| Reliance Industries Ltd | Equity | ₹11.32 Cr | 6.70% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹10.12 Cr | 5.99% |
| ICICI Bank Ltd | Equity | ₹8.07 Cr | 4.78% |
| Bharti Airtel Ltd | Equity | ₹7.9 Cr | 4.68% |
| Larsen & Toubro Ltd | Equity | ₹6.08 Cr | 3.60% |
| HDFC Bank Ltd | Equity | ₹5.23 Cr | 3.10% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-4.96 Cr | 2.94% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-4.83 Cr | 2.86% |
| Titan Co Ltd | Equity | ₹4.74 Cr | 2.81% |
| Axis Bank Ltd | Equity | ₹4.28 Cr | 2.54% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-3.97 Cr | 2.35% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-3.75 Cr | 2.22% |
| Titan Company Limited July 2024 Future | Equity - Future | ₹-3.36 Cr | 1.99% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-3.19 Cr | 1.89% |
| ITC Ltd | Equity | ₹3.19 Cr | 1.89% |
| Info Edge (India) Ltd | Equity | ₹3.17 Cr | 1.88% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.17 Cr | 1.88% |
| Jindal Steel & Power Ltd | Equity | ₹3.13 Cr | 1.85% |
| HCL Technologies Ltd | Equity | ₹3.07 Cr | 1.82% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-3.05 Cr | 1.81% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-2.95 Cr | 1.75% |
| Tata Consultancy Services Ltd | Equity | ₹2.94 Cr | 1.74% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-2.91 Cr | 1.72% |
| Infosys Ltd | Equity | ₹2.9 Cr | 1.72% |
| Maruti Suzuki India Ltd | Equity | ₹2.89 Cr | 1.71% |
| Power Finance Corp Ltd | Equity | ₹2.64 Cr | 1.57% |
| NHPC Ltd | Equity | ₹2.6 Cr | 1.54% |
| UNO Minda Ltd | Equity | ₹2.48 Cr | 1.47% |
| Zomato Ltd | Equity | ₹2.4 Cr | 1.42% |
| Hero MotoCorp Ltd | Equity | ₹2.34 Cr | 1.39% |
| InterGlobe Aviation Ltd | Equity | ₹2.26 Cr | 1.34% |
| Coal India Ltd | Equity | ₹2.04 Cr | 1.21% |
| Tata Motors Ltd | Equity | ₹2.01 Cr | 1.19% |
| Hindalco Industries Ltd | Equity | ₹1.95 Cr | 1.16% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹1.91 Cr | 1.13% |
| Cash Margin - Derivatives | Cash - Collateral | ₹1.7 Cr | 1.01% |
| Cipla Ltd | Equity | ₹1.65 Cr | 0.97% |
| Tech Mahindra Ltd | Equity | ₹1.64 Cr | 0.97% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1.6 Cr | 0.95% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-1.51 Cr | 0.90% |
| Bajaj Finserv Ltd | Equity | ₹1.51 Cr | 0.89% |
| Vishnu Chemicals Ltd | Equity | ₹1.41 Cr | 0.84% |
| Max Financial Services Ltd | Equity | ₹1.41 Cr | 0.83% |
| IndusInd Bank Ltd | Equity | ₹1.32 Cr | 0.78% |
| United Spirits Ltd | Equity | ₹1.28 Cr | 0.76% |
| Jindal Stainless Ltd | Equity | ₹1.23 Cr | 0.73% |
| Dhanuka Agritech Ltd | Equity | ₹1.2 Cr | 0.71% |
| Varun Beverages Ltd | Equity | ₹1.19 Cr | 0.71% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.13 Cr | 0.67% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.03 Cr | 0.61% |
| Lupin Ltd | Equity | ₹1.02 Cr | 0.60% |
| Macrotech Developers Ltd | Equity | ₹0.99 Cr | 0.58% |
| IRB Infrastructure Developers Ltd | Equity | ₹0.97 Cr | 0.58% |
| Union Bank of India | Equity | ₹0.9 Cr | 0.53% |
| Wipro Ltd | Equity | ₹0.85 Cr | 0.50% |
| Sobha Ltd | Equity | ₹0.84 Cr | 0.50% |
| HDFC Life Insurance Company Limited | Equity | ₹0.78 Cr | 0.46% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹0.72 Cr | 0.43% |
| TVS Motor Co Ltd | Equity | ₹0.65 Cr | 0.39% |
| Aadhar Housing Finance Ltd | Equity | ₹0.61 Cr | 0.36% |
| Central Depository Services (India) Ltd | Equity | ₹0.6 Cr | 0.35% |
| Juniper Hotels Ltd | Equity | ₹0.59 Cr | 0.35% |
| Net Receivables/Payables | Cash - Collateral | ₹0.56 Cr | 0.33% |
| PTC India Financial Services Ltd | Equity | ₹0.54 Cr | 0.32% |
| Mankind Pharma Ltd | Equity | ₹0.51 Cr | 0.30% |
| Poonawalla Fincorp Ltd | Equity | ₹0.4 Cr | 0.23% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹0.39 Cr | 0.23% |
| Zee Entertainment Enterprises Ltd | Equity | ₹0.39 Cr | 0.23% |
| Triparty Repo | Cash - Repurchase Agreement | ₹0.37 Cr | 0.22% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹0.27 Cr | 0.16% |
| Neogen Chemicals Ltd | Equity | ₹0.26 Cr | 0.16% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹0.26 Cr | 0.15% |
| GAIL (India) Ltd | Equity | ₹0.19 Cr | 0.11% |
| GPT Healthcare Ltd | Equity | ₹0.1 Cr | 0.06% |
| Sobha Limited | Equity | ₹0.02 Cr | 0.01% |
| Cash / Bank Balance | Cash - Collateral | ₹0.01 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Collateral | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.79%
Mid Cap Stocks
10.31%
Small Cap Stocks
4.82%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹33.78 Cr | 20.01% |
| Consumer Cyclical | ₹18.35 Cr | 10.87% |
| Energy | ₹13.36 Cr | 7.91% |
| Technology | ₹13.3 Cr | 7.88% |
| Communication Services | ₹11.73 Cr | 6.95% |
| Industrials | ₹11.48 Cr | 6.80% |
| Basic Materials | ₹9.58 Cr | 5.68% |
| Consumer Defensive | ₹5.66 Cr | 3.36% |
| Healthcare | ₹3.28 Cr | 1.94% |
| Utilities | ₹2.79 Cr | 1.65% |
| Real Estate | ₹1.83 Cr | 1.08% |
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
Additional Scheme Detailsas of 30th June 2024
ISIN | INF194KB1GU2 | Expense Ratio | 0.62% | Exit Load | No Charges | Fund Size | ₹169 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
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 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% | ₹2107.27 Cr | 31.1% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.60 Cr | 14.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2002.53 Cr | 37.2% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹894.08 Cr | 31.7% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹74.96 Cr | 19.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹894.08 Cr | 33.5% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹366.98 Cr | 33.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹366.98 Cr | 35.8% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹74.96 Cr | 17.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹519.24 Cr | 18.9% |
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 Retirement Fund Direct Growth?
The NAV of Bandhan Retirement Fund Direct Growth, as of 25-Jul-2024, is ₹12.29.
What is the portfolio composition of Bandhan Retirement Fund Direct Growth?
The fund's allocation of assets is distributed as 53.71% in equities, 24.29% in bonds, and 22.00% 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
- Vishal Biraia
- 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.