February 13, 2024
mayank
Bandhan Asset Allocation Fund – Moderate Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 36.9994
NAV IDCW: Rs 21.4330
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as the returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Balanced hybrid funds invest roughly half your money in equity shares and the rest in bonds. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like all equity-linked investments, you must invest only through the SIP route.
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
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 10.07% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 18 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.38% |
| (As on 31-Dec-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bandhan Asset Allocation Fund – Moderate Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Asset Allocation Moderate Dir | 1.34 | -0.67 | 0.21 | 8.09 | 9.84 | 19.41 | 10.09 | 10.71 | 9.26 | 10.45 |
| VR Balanced TRI | -0.19 | -0.68 | -0.88 | 10.44 | 10.79 | 20.55 | 12.78 | 14.72 | 13.74 | 13.62 |
| Hybrid: Balanced Hybrid | 0.85 | -0.52 | 0.00 | 6.77 | 8.72 | 17.01 | 10.45 | 10.54 | 9.03 | 10.96 |
| Rank within category | 1 | 5 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 4 |
| Number of funds in category | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 4 |
Peer Comparison of Bandhan Asset Allocation Fund – Moderate 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 Moderate Dir | Unrated | 19.41 | 10.09 | 10.71 | 0.38 | 18 | 10.00 | 1.00 (365) | 11Y 1M | — |
| UTI Children’s Career Svngs Dir | Unrated | 13.85 | 9.62 | 9.76 | 1.52 | 4,365 | 10.15 | — | 11Y 1M | 23.00 |
| UTI Retrmnt Dir | Unrated | 18.13 | 12.90 | 11.66 | 0.99 | 4,263 | 10.44 | — | 11Y 1M | 30.00 |
| 360 ONE Balanced Hybrid Dir | Unrated | — | — | — | 0.59 | 522 | 7.48 | 1.00 (360) | 4M | — |
| Franklin India Pension Dir | Unrated | 16.66 | 9.21 | 10.02 | 1.53 | 492 | 10.46 | 3.00 (58) | 11Y 1M | — |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,43,029 | 1,63,905 |
| Giant (%) | 64.80 | 54.24 |
| Large (%) | 25.70 | 19.65 |
| Mid (%) | 6.45 | 19.38 |
| Small (%) | 3.06 | 6.71 |
| Tiny (%) | — | 0.16 |
| Fund | Category | |
| Number of Securities | 6 | 60 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Asset Allocation Fund – Moderate Plan?
Chanakya’s Mutual Fund Guidance For Bandhan Asset Allocation Fund – Moderate Plan
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://bandhanmutual.com/mutual-funds
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-financial-planning-fof-moderate-plan/