April 17, 2025
RA Jainee
Bandhan Asset Allocation Fund-Conservative Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 34.7217
NAV IDCW: Rs 18.1906
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The scheme seeks to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of IDFC Mutual Fund based on a defined asset allocation model.
Fund Manager:
1) Viraj Kulkarni
Education: Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance).
Experience: 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).
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Bandhan Asset Allocation Fund-Conservative Plan
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.78% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 6 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.18% |
| (As on 31-Mar-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%) of Bandhan Asset Allocation Fund-Conservative Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Asset Allocation Conservative Dir | 1.16 | 0.14 | 2.42 | 1.85 | 1.11 | 8.18 | 8.34 | 9.35 | 7.70 | 7.92 |
| VR Conservative Hybrid TRI | 2.16 | 0.19 | 2.80 | 2.49 | 1.60 | 9.29 | 8.73 | 9.84 | 8.77 | 8.60 |
| Hybrid: Conservative Hybrid | 1.44 | 0.18 | 2.88 | 1.99 | 1.19 | 9.73 | 9.53 | 11.22 | 8.52 | 8.64 |
| Rank within category | 18 | 24 | 25 | 19 | 15 | 25 | 24 | 22 | 17 | 17 |
| Number of funds in category | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 25 | 22 | 21 |
Peer Comparison of Bandhan Asset Allocation Fund-Conservative Plan
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bandhan Asset Allocation Conservative Dir | 2 star | 8.18 | 8.34 | 9.35 | 0.18 | 6 | 8.78 | 1.00 (365) | 12Y 3M | — |
| SBI Conservative Hybrid Dir | 4 star | 9.61 | 10.13 | 13.19 | 1.05 | 9,666 | 9.99 | 1.00 (365) | 12Y 3M | — |
| HDFC Hybrid Debt Dir | 4 star | 9.45 | 10.92 | 13.08 | 1.15 | 3,310 | 10.03 | 1.00 (365) | 12Y 3M | — |
| ICICI Pru Regular Savings Dir | 4 star | 10.34 | 10.26 | 11.78 | 0.97 | 3,127 | 10.72 | 1.00 (365) | 12Y 3M | 21.00 |
| Kotak Debt Hybrid Dir | 4 star | 11.00 | 11.69 | 14.09 | 0.45 | 3,017 | 11.04 | 1.00 (180) | 12Y 3M | 24.23 |
Portfolio Analysis of Bandhan Asset Allocation Fund-Conservative Plan
| Number of Stocks | 0 |
| Number of Bonds | 1 |
| Average Maturity (yrs) * | — |
| Top 10 Holdings | 99.77% |
| Portfolio P/B Ratio | 3.71 |
| Portfolio P/E Ratio | 25.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,60,134 | 2,44,800 |
| Giant (%) | 80.83 | 62.31 |
| Large (%) | 8.57 | 14.25 |
| Mid (%) | 8.09 | 15.38 |
| Small (%) | 2.51 | 9.90 |
| Tiny (%) | — | 0.25 |
| Fund | Category | |
| Number of Securities | 4 | 65 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Bandhan Asset Allocation Fund-Conservative Plan
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