April 18, 2025
mayank
Bandhan Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 14.5430
NAV IDCW: Rs 13.5460
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services
Fund Manager:
1) Harshvardhan Agrawal
Education: Mr. Agrawal has done BE, MBA and CFA
Experience: Prior to joining Bandhan Mutual Fund, he has worked with Infina Finance Private Ltd, iAlpha Enterprises, Motilal Oswal Financial Services and Aranca India Pvt Ltd.
2) Ritu Modi
Education: Ms. Modi has done B.com and MMS(Finance).
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), she has worked with IIFL Mutual Fund, LIC Mutual Fund, she has worked with Ambit Capital as Research Analyst.
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) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 30 days |
Basic Details of Bandhan Financial Services Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 28-Jul-23 |
| Return Since Launch | 24.28% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 967 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.69% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 70.00% |
Trailing Returns (%) of Bandhan Financial Services Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Financial Services Dir | 3.14 | 1.69 | 10.93 | 7.88 | 2.84 | 19.27 | — | — | — | — |
| Equity: Sectoral-Banking | 5.91 | 1.93 | 11.50 | 10.04 | 4.37 | 16.96 | — | — | — | — |
| Rank within category | 28.00 | 29.00 | 26.00 | 28.00 | 26.00 | 10.00 | — | — | — | — |
| Number of funds in category | 33 | 37 | 36 | 33 | 32 | 26 | 17 | 12 | 11 | 10 |
Peer Comparison of Bandhan Financial Services 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 Financial Services Dir | Unrated | 19.27 | — | — | 0.69 | 967 | 24.28 | 0.50 (30) | 1Y 8M | 70.00 |
| SBI Banking & Financial Services Dir | 4 star | 21.27 | 18.77 | 24.72 | 0.76 | 7,111 | 15.89 | 0.50 (30) | 10Y 1M | 133.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 18.10 | 18.84 | 29.09 | 1.02 | 6,566 | 14.61 | 1.00 (30) | 12Y 3M | 20.00 |
| Sundaram Financial Services Opportunities Dir | 5 star | 16.09 | 21.35 | 26.76 | 0.85 | 1,415 | 14.54 | 0.50 (30) | 12Y 3M | 74.40 |
| Invesco India Financial Services Dir | 4 star | 18.87 | 20.23 | 25.40 | 0.87 | 1,208 | 16.19 | 1.00 (365) | 12Y 3M | 19.00 |
Portfolio Analysis of Bandhan Financial Services Fund
| No. of Stocks | 34 |
| Top 10 Stocks | 66.83% |
| Top 5 Stocks | 53.69% |
| Top 3 Sectors | 89.99% |
| Portfolio P/B Ratio | 2.72 |
| Portfolio P/E Ratio | 19.12 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,80,528 | 3,47,699 |
| Giant (%) | 62.63 | 65.54 |
| Large (%) | 19.31 | 20.99 |
| Mid (%) | 13.62 | 14.47 |
| Small (%) | 4.44 | 5.13 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Bandhan Financial Services Fund
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