February 16, 2024
mayank
Bandhan Conservative Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 31.7232
Quarterly NAV IDCW: Rs 16.1340
Monthly NAV IDCW: Rs 15.6635
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 generate regular returns through investment predominantly in debt instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme’s total assets in equity.
Fund Manager:
1) Sumit Agrawal
Education: Mr.Agrawal is a B.Com, ACS, CFA (USA)and PGDM (Finance).
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he was associated with Mirae Asset Mutual Fund (Nov 2010-Sep 2016) as Fund Manager-Equities, Axis Capital (erstwhile ENAM Securities) (Feb 2008-Nov 2010) as VP-Research Analyst and JP Morgan India Services Pvt. Ltd. (Jun 2006-Feb 2008) as TL-Investment Banking.
2) 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).
3) Harshal Joshi
Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
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, 0.25% will be charged for redemption Within 7 days |
Basic Details
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.40% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 123 Cr |
| (As on 31-Jan-2024) | |
| Expense | 1.13% |
| (As on 31-Jan-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%) of Bandhan Conservative Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Conservative Hybrid Dir | 0.90 | 0.12 | 0.16 | 4.03 | 6.17 | 11.66 | 5.87 | 7.51 | 7.00 | 8.91 |
| VR MIP TRI | 1.40 | 0.27 | 0.40 | 6.45 | 7.99 | 14.02 | 8.66 | 9.86 | 9.31 | 9.66 |
| Hybrid: Conservative Hybrid | 1.71 | 0.21 | 0.90 | 4.82 | 7.31 | 13.94 | 8.89 | 9.39 | 8.45 | 10.02 |
| Rank within category | 27 | 28 | 28 | 23 | 24 | 25 | 27 | 23 | 22 | 19 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 25 | 25 | 22 |
Peer Comparison of Bandhan Conservative Hybrid Fund
| 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 Conservative Hybrid Dir | 2 star | 11.66 | 5.87 | 7.51 | 1.13 | 123 | 8.40 | 0.25 (7) | 11Y 1M | — |
| SBI Conservative Hybrid Dir | 5 star | 14.46 | 10.49 | 11.50 | 0.62 | 9,482 | 10.07 | 1.00 (365) | 11Y 1M | — |
| ICICI Pru Regular Savings Dir | 4 star | 13.80 | 9.51 | 10.53 | 0.91 | 3,381 | 10.73 | 1.00 (365) | 11Y 1M | 22.00 |
| HDFC Hybrid Debt Dir | 4 star | 17.23 | 11.47 | 11.39 | 1.26 | 3,055 | 10.15 | 1.00 (365) | 11Y 1M | — |
| Kotak Debt Hybrid Dir | 5 star | 18.64 | 11.99 | 13.42 | 0.50 | 2,249 | 11.21 | 1.00 (180) | 11Y 1M | 24.23 |
Portfolio Analysis of Bandhan Conservative Hybrid Fund
| Number of Stocks | 12 |
| Number of Bonds | 15 |
| Average Maturity (yrs) | 2.89 |
| Top 10 Holdings | 78.76% |
| Portfolio P/B Ratio | 4.36 |
| Portfolio P/E Ratio | 27.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,25,013 | 2,14,908 |
| Giant (%) | 67.91 | 60.87 |
| Large (%) | 28.74 | 15.76 |
| Mid (%) | 3.34 | 19.08 |
| Small (%) | — | 10.11 |
| Tiny (%) | — | 2.60 |
| Fund | Category | |
| Number of Securities | 27 | 56 |
| Macaulay Duration (yrs) | 2.56 | 4.20 |
| Average Maturity (yrs) | 2.89 | 7.41 |
| Yield to Maturity (%) | 7.50 | 7.59 |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Conservative Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Conservative Hybrid Fund
Apply Online: https://bandhanmutual.com/mutual-funds
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