Bandhan Midcap Fund Direct-Growth
NAV as of Aug 29, 2024
18.30-0.42%
- Growth - Direct
(Earn upto 1.52% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.56%(0.62% Category
average)Fund Size:
Rs. 1,459.13 Cr(0.38% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Bandhan Midcap Fund Direct-Growth
NAV as of Aug 29, 2024
18.30-0.42%
Expense Ratio:
0.56%
Fund Size:
Rs. 1,459.13 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the Bandhan Midcap Fund - Direct Plan as of Aug 29, 2024 is Rs 18.30 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 52.05% (1yr) and 34.97% (since launch). Whereas, Category returns for the same time duration are: 51.46% (1yr), 25.89% (3yr) and 29.35% (5yr).
3. Fund Size: The Bandhan Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 1459.13 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.57% for Direct plan as on Aug 06, 2024.
5. Exit Load: Bandhan Midcap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Bandhan Midcap Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.96 14.99 28.38 51.07 - - Category Avg 0.86 12.67 23.79 50.34 25.74 29.39 Rank within Category 6 8 6 17 - - No. of funds within Category 47 47 47 45 31 25 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 150 MidCap Index
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- Nifty 50
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Bandhan Midcap Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment.
Fund House | Bandhan Mutual Fund |
Launch Date | Aug 18, 2022 |
Benchmark | BSE 150 MidCap Index |
Return Since Launch | 34.64% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Bandhan Midcap Fund Direct-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.) | 1,000.00 |
Exit Load Exit load of 1%, if redeemed within 1 year. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 86 | 85 | 80 | 79 | 78 | 79 |
Top 5 Company Holdings | 15.84% | 16.12% | 15.83% | 15.8% | 16.16% | 15.92% |
Top 10 Company Holdings | 27.46% | 27.83% | 27.12% | 26.92% | 27.74% | 27.71% |
Company with Highest Exposure | Trent (4.09%) | Cummins India (4.05%) | Cummins India (4.14%) | Trent (4.04%) | Cummins India (3.92%) | Trent (3.91%) |
Number of Sectors | 16 | 16 | 16 | 16 | 16 | 16 |
Top 3 Sector Holdings | 46.02% | 47.48% | 47.82% | 45.83% | 44.9% | 44.9% |
Top 5 Sector Holdings | 58.59% | 60.38% | 61.79% | 60.18% | 59.28% | 60.03% |
Sector with Highest Exposure | Capital Goods (20.88%) | Capital Goods (21.74%) | Capital Goods (22.37%) | Capital Goods (20.17%) | Capital Goods (18.6%) | Capital Goods (18.11%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Trent Services 4.09 149.18 47.99 249.91 Cummins India Capital Goods 3.75 56.79 65.94 115.88 Persistent Systems Technology 2.83 68.02 76.02 98.89 CG Power Capital Goods 2.7 72.62 9.59 72.27 UNO Minda Automobile 2.47 74.35 15.79 85.83 Dixon Technologies (India) Capital Goods 2.39 182.17 72.30 168.49 Torrent Power Energy 2.34 36.62 47.61 149.25 The Indian Hotels Company Services 2.33 71.72 9.03 64.86 Prestige Estates Projects Construction 2.31 54.25 33.42 201.20 Apar Industries Diversified 2.25 44.34 206.68 77.86
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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 Midcap Fund Direct-Growth 18.30 Unrated 1,459.13 1.96 51.07 - - Quant Mid Cap Fund Direct-Growth 272.54 9,282.92 -1.46 58.69 34.06 39.79 Motilal Oswal Midcap Fund Direct-Growth 115.65 14,445.55 2.57 69.71 39.97 35.77 Edelweiss Mid Cap Direct Plan-Growth 114.02 6,994.17 3.52 61.49 30.18 34.33 Kotak Emerging Equity Fund Direct-Growth 152.35 50,601.84 0.52 49.18 26.79 31.71
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Bandhan Mutual Fund News
Fund Manager
- H.J.Harshal JoshiSince Jul 202220 schemes
- R.M.Ritu ModiSince Nov 20220 schemes
- H.B.Harsh BhatiaSince Feb 20242 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.
Ms. Modi has done B.com and MMS(Finance). Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), she has worked with IIFL Mutual Fund, LIC Mutual Fund, she has worked with Ambit Capital as Research Analyst.
No schemes for the Fund Manager
Mr. Bhatia has done CFA and Bachelors in Accounting and Finance (B.A.F) Prior to joining Bandhan Mutual Fund, he has worked with Emkay Global and Takaful Emarat.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Bandhan Core Equity Fund Direct-Growth Large & MidCap 156.36 5,947.97 59.63 Bandhan Small Cap Fund Direct-Growth Small Cap 50.33 6,640.27 76.21
More Bandhan Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Bandhan Liquid Fund Direct Plan-Growth | 16,934.43 | 0.60 | 1.85 | 3.61 | 7.32 | 5.39 | |
Bandhan Banking & PSU Debt Fund Direct-Growth | 14,375.16 | 0.74 | 2.12 | 3.59 | 7.80 | 5.53 | |
Bandhan Corporate Bond Fund Direct-Growth | 13,744.12 | 0.62 | 1.80 | 3.48 | 7.53 | 5.42 | |
Bandhan Bond Fund Short Term Plan Direct-Growth | 8,536.99 | 0.75 | 2.39 | 4.11 | 8.15 | 5.54 | |
Bandhan Sterling Value Fund Direct Plan-Growth | 8,448.81 | 1.86 | 11.77 | 16.98 | 45.19 | 27.50 | |
Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct - Growth | 8,316.98 | 0.73 | 2.35 | 4.11 | 8.28 | - | |
Bandhan Flexi Cap Fund Direct-Growth | 6,754.18 | 2.37 | 6.90 | 12.38 | 34.64 | 16.43 | |
Bandhan ELSS Tax Saver Fund Direct Plan-Growth | 6,139.72 | 1.79 | 9.30 | 13.67 | 40.32 | 22.79 | |
Bandhan Arbitrage Fund Direct-Growth | 5,767.97 | 0.66 | 2.26 | 4.04 | 8.25 | 6.05 | |
Bandhan Low Duration Fund Direct-Growth | 5,283.81 | 0.67 | 1.89 | 3.53 | 7.54 | 5.43 |
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1. Bandhan Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Bandhan Mutual Fund House.
2. The fund was launched on Aug 18, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment. "
2. It is benchmarked against BSE 150 MidCap Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.3% in equities, 0.02% in debts and 2.68% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 27.46% of the assets, the top 3 sectors constitute around 46.02% 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.
Tax Implications on Bandhan Midcap Fund Direct-Growth
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 upto 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).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of 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 Midcap Fund Direct-Growth
- Is it safe to invest in Bandhan Midcap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Bandhan Midcap Fund - Direct Plan comes under Very High risk category.
- What is the category of Bandhan Midcap Fund - Direct Plan?Bandhan Midcap Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Bandhan Midcap Fund - Direct Plan?The suggested investment horizon of investing into Bandhan Midcap Fund - Direct Plan is >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 Midcap Fund - Direct Plan?The Bandhan Midcap Fund - Direct Plan is managed by Harshal Joshi (Since Jul 28, 2022) , Ritu Modi (Since Nov 16, 2022) and Harsh Bhatia (Since Feb 26, 2024).
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