February 13, 2024
mayank
Bandhan Core Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 121.1990
NAV IDCW: Rs 34.4150
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to generate long-term capital growth by investing predominantly in large cap and mid cap stocks.
Fund Manager:
1) Manish Gunwani
Education: Mr. Gunwani is a B.Tech. and PGDM.
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon India Mutual Fund, ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
2) Rahul Agarwal
Education: Mr. Agarwal has done B.COM (Hons) from Calcutta University and PGDM from TAPMI
Experience: Prior to joining Bandhan Mutual Fund, he has worked with HSBC Asset Management, L&T Investment Management Ltd, ICICI Prudential Life Insurance Ltd and Copal Amba
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) | 1 |
| 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 | 16.15% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,723 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.74% |
| (As on 31-Jan-2024) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 172.00% |
Trailing Returns (%) of Bandhan Core Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Core Equity Dir | 4.89 | -1.96 | 1.46 | 18.31 | 25.63 | 44.73 | 24.35 | 21.93 | 17.68 | 18.30 |
| S&P BSE Large Mid Cap TRI | 1.13 | -1.22 | -0.23 | 13.43 | 15.99 | 29.87 | 17.57 | 17.63 | 15.57 | 16.09 |
| Equity: Large & MidCap | 2.12 | -1.59 | 0.29 | 13.78 | 18.39 | 35.47 | 20.65 | 20.64 | 16.28 | 18.85 |
| Rank within category | 4 | 25 | 5 | 3 | 2 | 3 | 6 | 6 | 3 | 10 |
| Number of funds in category | 29 | 29 | 29 | 28 | 27 | 27 | 26 | 21 | 18 | 16 |
Peer Comparison of Bandhan Core Equity 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 Core Equity Dir | 3 star | 44.73 | 24.35 | 21.93 | 0.74 | 3,723 | 16.15 | 1.00 (365) | 11Y 1M | 172.00 |
| Mirae Asset Large & Midcap Dir | 4 star | 32.79 | 17.77 | 22.05 | 0.62 | 33,295 | 22.96 | 1.00 (365) | 11Y 1M | 57.00 |
| SBI Large & Midcap Dir | 4 star | 30.68 | 21.14 | 20.63 | 0.78 | 20,008 | 17.67 | 0.10 (30) | 11Y 1M | 20.00 |
| Kotak Equity Opportunities Dir | 5 star | 32.42 | 20.48 | 21.28 | 0.53 | 18,315 | 17.52 | 1.00 (365) | 11Y 1M | 30.56 |
| HDFC Large and Mid Cap Dir | 4 star | 42.53 | 25.52 | 22.95 | 0.90 | 16,033 | 14.20 | 1.00 (365) | 11Y 1M | 7.87 |
Portfolio Analysis of Bandhan Core Equity Fund
| No. of Stocks | 100 |
| Top 10 Stocks | 23.42% |
| Top 5 Stocks | 14.71% |
| Top 3 Sectors | 41.35% |
| Portfolio P/B Ratio | 3.27 |
| Portfolio P/E Ratio | 21.04 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 81,282 | 1,08,614 |
| Giant (%) | 29.49 | 35.43 |
| Large (%) | 26.17 | 26.73 |
| Mid (%) | 36.94 | 34.35 |
| Small (%) | 7.40 | 3.74 |
| Tiny (%) | — | 0.04 |
How to Invest in Bandhan Core Equity Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Core Equity Fund
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://bandhanmutual.com/mutual-funds
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