Overview
Bandhan Equity Savings Fund Direct Growth
IDFC Mutual Fund
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.
Investments in Bandhan Equity Savings Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 33.988
Fund Size (AUM)
₹272.15 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
01-Jan-2014
Expense Ratio
0.19%
Exit Load
Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days.
Benchmark
CRISIL Equity Saving Index
Standard Deviation
2.65
History
Performance & Ratios
1-Year SIP Return
7.12%
3-Year SIP Return
9.06%
5-Year SIP Return
8.85%
Mean Return
4.99%
Alpha
0.68
Beta
0.31
Sharpe Ratio
0.64
Sortino Ratio
1.24
Information Ratio
-0.28
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.55% | 8.4% | 11.08% | 7.57% |
| Category Average | 8.41% | 9.11% | 11.94% | N/A |
| Rank Within Category | 15 | 19 | 20 | N/A |
Holdings (90)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Bandhan Money Manager Fund Direct-Growth | None | Mutual Fund | 9.52% |
| Bajaj Finance Ltd. | Financial | Equity | 4.31% |
| Reliance Industries Ltd. | Energy | Equity | 4.28% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.16% |
| HDFC Bank Ltd. | Financial | Equity | 3.86% |
| GOI | Sovereign | GOI Sec | 3.67% |
| ICICI Bank Ltd. | Financial | Equity | 3.38% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.28% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.24% |
| Bharti Airtel Ltd. | Communication | Equity | 3.02% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth | 8043.3 | 9.18 | 12.02 | 0.65 | N/A |
| Edelweiss Equity Savings Fund Direct Growth | 577.29 | 11.51 | 11.28 | 0.6 | N/A |
| DSP Equity Savings Fund Direct Growth | 2517.21 | 12.76 | 11.08 | 0.41 | N/A |
| SBI Equity Savings Fund Direct Growth | 5670.63 | 9.55 | 10.46 | 0.89 | N/A |
| ICICI Prudential Equity Savings Fund Direct Growth | 12854.84 | 9.01 | 8.68 | 0.48 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 200
Min Installments: 6
AMC Details
Asset Management Company
Bandhan Mutual Fund
IDFC Mutual Fund started their mutual fund on 13/03/2000 and its managing total assets of ₹66,620 Cr. Its ranked at 11 as per total assets at end of 30th Sep 2017. Bandhan Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers.
IDFC is a relatively new fund house, but nevertheless, has won many accolades for its performance, from various agencies.
IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself.
It provides funds ranging from equity to debt to hybrid.
This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.
IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.
Launch Date
1999-12-20T00:00:00.319Z
Total AUM
₹ 162760.69 Cr
Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
None
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Bandhan Equity Savings Fund Direct Growth
IDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan Equity Savings Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Bandhan Equity Savings Fund Direct Growth?
The top stocks held by Bandhan Equity Savings Fund Direct Growth include Bandhan Money Manager Fund Direct-Growth, Bajaj Finance Ltd., Reliance Industries Ltd..
Which industries does Bandhan Equity Savings Fund Direct Growth invest in?
Bandhan Equity Savings Fund Direct Growth primarily invests in the following industries: None, Financial, Energy.
Who is the fund manager of Bandhan Equity Savings Fund Direct Growth?
The fund manager of Bandhan Equity Savings Fund Direct Growth is Abhishek Jain.
How many years has the fund manager been managing Bandhan Equity Savings Fund Direct Growth?
Abhishek Jain: Calculating...
What is the minimum investment for Bandhan Equity Savings Fund Direct Growth?
The minimum investment for Bandhan Equity Savings Fund Direct Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Equity Savings Fund Direct Growth?
Calculating...
What are the average 3-year returns for Bandhan Equity Savings Fund Direct Growth?
Calculating...
What is the expense ratio of Bandhan Equity Savings Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Equity Savings Fund Direct Growth is 0.19%. The average expense ratio for similar funds in the Hybrid is Calculating....