Bandhan Equity Savings Fund Regular-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
29.76-0.01%
- Growth - Regular
(Earn upto 0.95% Extra Returns with Direct Plan)
Fund Category:
Hybrid: Equity Savings
Expense Ratio:
1.37%(1.59% Category
average)Fund Size:
Rs. 135.99 Cr(0.37% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Bandhan Equity Savings Fund Regular-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
29.76-0.01%
Expense Ratio:
1.37%
Fund Size:
Rs. 135.99 Cr
Fund Category:
Hybrid: Equity Savings
1. Current NAV: The Current Net Asset Value of the Bandhan Equity Savings Fund - Regular Plan as of Aug 29, 2024 is Rs 29.76 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 10.56% (1yr), 6.99% (3yr), 8.5% (5yr) and 6.95% (since launch). Whereas, Category returns for the same time duration are: 16.41% (1yr), 9.59% (3yr) and 10.42% (5yr).
3. Fund Size: The Bandhan Equity Savings Fund - Regular Plan currently holds Assets under Management worth of Rs 135.99 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.37% for Regular plan as on Aug 21, 2024.
5. Exit Load: Bandhan Equity Savings Fund - Regular Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Bandhan Equity Savings Fund Regular-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.27 3.31 5.27 10.50 6.98 8.56 Category Avg 0.83 4.98 7.91 16.25 9.56 10.49 Rank within Category 22 21 21 20 20 20 No. of funds within Category 22 22 22 22 22 22 - Loading...
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Return Comparison
- This Fund
- BenchmarkKotak Equity Savings Reg-G
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Bandhan Equity Savings Fund Regular-Growth Fund Details
Investment Objective - The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.
Fund House | Bandhan Mutual Fund |
Launch Date | Jun 09, 2008 |
Benchmark | CRISIL Equity Saving Index |
Return Since Launch | 6.95% |
Riskometer | Low to Moderate |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Below Average |
Bandhan Equity Savings Fund Regular-Growth Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days. |
Portfolio Allocation
Equity
Debt
Asset Allocation
Loading...Asset Allocation History
Loading...EquityDebtCashSector Allocation
Loading...Market Cap Allocation
Loading...Concentration & Valuation Analysis
JUL 2024 JUN 2024 MAY 2024 APR 2024 MAR 2024 FEB 2024 Number of Holdings 84 84 82 81 81 81 Top 5 Company Holdings 25.47% 26.47% 29.9% 33.75% 30.09% 30.84% Top 10 Company Holdings 44.34% 46.29% 50.88% 55.23% 52.03% 52.96% Company with Highest Exposure Bandhan Liquid Direct-G (6.87%) Bandhan Liquid Direct-G (7.26%) Bandhan Liquid Direct-G (7.78%) GOI (8.77%) Bandhan Liquid Direct-G (8.61%) Bandhan Liquid Direct-G (8.88%) Number of Sectors 13 13 13 13 14 14 Top 3 Sector Holdings 12.41% 12.98% 12.51% 12.85% 12.36% 12.81% Top 5 Sector Holdings 15.7% 16.21% 15.94% 16.16% 15.56% 16.1% Sector with Highest Exposure Financial (6.52%) Financial (7.1%) Financial (6.75%) Financial (7.08%) Financial (6.62%) Financial (6.64%)
Top Stock Holdings
Sector Holdings in MF
Debt Holdings in Portfolio
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Aurobindo Pharma Healthcare 4.64 26.10 60.10 88.60 HDFC Bank Financial 4.45 18.33 89.60 3.03 Tata Power Company Energy 4.28 37.54 11.56 74.52 Reliance Industries Energy 3.9 29.62 101.60 25.68 State Bank of India Financial 3.85 10.58 77.28 41.69 Tata Consultancy Technology 3.78 35.07 129.55 33.64 Axis Bank Financial 3.58 13.64 86.50 19.85 Pidilite Industries Chemicals 3.28 86.53 35.94 19.32 ICICI Bank Financial 2.91 18.67 65.91 26.26 Bajaj Finance Financial 2.86 29.69 241.14 -3.15
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Bandhan Equity Savings Fund Regular-Growth 29.76 135.99 0.27 10.50 6.98 8.56 HSBC Equity Savings Fund-Growth 32.33 406.54 0.29 25.64 13.12 13.66 Kotak Equity Savings Fund Regular-Growth 25.39 6,540.74 1.45 21.00 12.99 12.33 UTI Equity Savings Fund Regular - Growth 17.61 441.64 0.79 16.96 11.50 11.81 Mirae Asset Equity Savings Fund Regular - Growth 19.28 1,188.86 1.08 18.23 10.64 13.13
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
2.88VS4.48Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.47VS0.70Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.59VS0.88Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
3.57VS5.81Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.67VS0.47Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
7.23VS9.48Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Bandhan Mutual Fund News
Fund Manager
- H.J.Harshal JoshiSince Oct 201620 schemes
- V.K.Viraj KulkarniSince Jul 20227 schemes
- N.S.Nemish ShethSince Nov 202113 schemes
Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance). Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Bandhan Flexi Cap Fund Regular-Growth Flexi Cap 208.82 7,651.86 37.13 Bandhan Asset Allocation Aggressive Regular-Growth Aggressive Hybrid 44.87 18.63 29.78 Bandhan Asset Allocation Conservative Regular-Growth Conservative Hybrid 31.94 6.48 13.82 Bandhan Ultra Short Term Fund Regular-Growth Ultra Short Duration 14.32 3,744.87 7.25 Bandhan Conservative Hybrid Fund Regular-Growth Conservative Hybrid 30.86 116.26 13.26 Bandhan Multi Asset Allocation Fund Regular-Growth Multi Asset Allocation 11.65 Unrated 1,643.91 - Bandhan Asset Allocation Moderate Regular-Growth Balanced Hybrid 39.15 Unrated 19.81 22.50 Mr. Sheth is a B.Com, PGDM(FINANCE) Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
More Bandhan Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Bandhan Liquid Fund Regular-Growth | 16,934.43 | 0.59 | 1.82 | 3.54 | 7.18 | 5.29 | |
Bandhan Banking & PSU Debt Fund Regular-Growth | 14,375.16 | 0.71 | 2.05 | 3.43 | 7.47 | 5.21 | |
Bandhan Corporate Bond Fund Regular-Growth | 13,744.12 | 0.60 | 1.72 | 3.32 | 7.21 | 5.10 | |
Bandhan Bond Fund Short Term Plan Regular-Growth | 8,536.99 | 0.71 | 2.27 | 3.87 | 7.65 | 5.04 | |
Bandhan Sterling Value Fund Regular-Growth | 8,448.81 | 1.77 | 11.46 | 16.34 | 43.64 | 26.12 | |
Bandhan CRISIL IBX Gilt June 2027 Index Fund Regular - Growth | 8,316.98 | 0.70 | 2.28 | 3.99 | 8.01 | - | |
Bandhan Flexi Cap Fund Regular-Growth | 6,754.18 | 2.31 | 6.71 | 11.97 | 33.68 | 15.60 | |
Bandhan ELSS Tax Saver Fund Regular-Growth | 6,139.72 | 1.69 | 8.98 | 13.01 | 38.75 | 21.37 | |
Bandhan Arbitrage Fund Regular-Growth | 5,767.97 | 0.60 | 2.08 | 3.68 | 7.51 | 5.33 | |
Bandhan Low Duration Fund Regular-Growth | 5,283.81 | 0.65 | 1.82 | 3.40 | 7.27 | 5.17 |
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1. Bandhan Equity Savings Fund - Regular Plan is Open-ended Equity Savings Hybrid scheme which belongs to Bandhan Mutual Fund House.
2. The fund was launched on Jun 09, 2008.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments. "
2. It is benchmarked against CRISIL Equity Saving Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 20.79% in equities, 24.33% in debts and 54.85% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 41.54% of the assets, the top 3 sectors constitute around 12.41% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
4. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
Tax Implications on Bandhan Equity Savings Fund Regular-Growth
Hybrid funds which usually invest 65% or more in equity & equity-related instruments will be taxed like Equity funds and those which invest up to 35% in equity & equity-related instruments will be taxed like the new taxation structure of debt funds. Also, the hybrid funds which invest between 35-65% in equity & equity-related instruments will be taxed as per the old taxation structure of debt funds. Generally, tax implications are based on the average asset allocation of the last 12 months in which the fund has invested. However, since the market is dynamic, asset allocation towards equity may increase or decrease depending on the prevailing market & economic conditions. So, the tax treatment of the given fund will vary accordingly and will be determined by its asset allocation. Below are the tax implications from the equity as well as debt side:
For Hybrid funds with 65% and above allocation in equity & equity related instruments:
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of up to Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
For Hybrid funds with 35-65% allocation in equity & equity related instruments:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
For Hybrid funds with 0-35% allocation in equity & equity related instruments:
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Bandhan Equity Savings Fund Regular-Growth
- Is it safe to invest in Bandhan Equity Savings Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Bandhan Equity Savings Fund - Regular Plan comes under Low to Moderate risk category.
- What is the category of Bandhan Equity Savings Fund - Regular Plan?Bandhan Equity Savings Fund - Regular Plan belongs to the Hybrid : Equity Savings category of funds.
- How Long should I Invest in Bandhan Equity Savings Fund - Regular Plan?The suggested investment horizon of investing into Bandhan Equity Savings Fund - Regular Plan is 1 – 3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Bandhan Equity Savings Fund - Regular Plan?The Bandhan Equity Savings Fund - Regular Plan is managed by Harshal Joshi (Since Oct 20, 2016) , Viraj Kulkarni (Since Jul 01, 2022) and Nemish Sheth (Since Nov 01, 2021).
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