February 14, 2024
mayank
Bandhan Hybrid Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 23.2820
NAV IDCW: Rs 19.2170
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.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively 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 for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Fund seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments. The Fund also seeks to generate current income by investing in debt securities and money market instruments.
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) 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) | 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 | 30-Dec-16 |
| Return Since Launch | 12.59% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 688 Cr |
| (As on 31-Jan-2024) | |
| Expense | 1.08% |
| (As on 31-Jan-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 50.00% |
Trailing Returns (%) of Bandhan Hybrid Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Hybrid Equity Dir | 1.43 | 0.52 | -0.10 | 9.57 | 12.11 | 24.23 | 15.16 | 15.75 | 12.43 | — |
| VR Balanced TRI | 0.33 | 0.52 | -0.36 | 10.92 | 11.37 | 21.82 | 12.96 | 14.90 | 13.82 | — |
| Hybrid: Aggressive Hybrid | 1.66 | 0.36 | 0.33 | 10.26 | 13.63 | 27.32 | 15.64 | 16.08 | 13.65 | — |
| Rank within category | 27 | 8 | 29 | 26 | 27 | 29 | 17 | 17 | 19 | — |
| Number of funds in category | 46 | 46 | 46 | 45 | 44 | 44 | 42 | 35 | 28 | 22 |
Peer Comparison of Bandhan Hybrid 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 | |
| Bandhan Hybrid Equity Dir | 3 star | 24.23 | 15.16 | 15.75 | 1.08 | 688 | 12.59 | 1.00 (365) | 7Y 1M |
| ICICI Pru Equity & Debt Dir | 5 star | 35.17 | 24.97 | 22.09 | 1.07 | 31,196 | 17.98 | 1.00 (365) | 11Y 1M |
| HDFC Hybrid Equity Dir | 4 star | 20.27 | 14.77 | 15.91 | 1.07 | 22,474 | 15.49 | 1.00 (365) | 11Y 1M |
| Canara Robeco Equity Hybrid Dir | 4 star | 23.39 | 13.43 | 16.45 | 0.64 | 9,746 | 14.87 | 1.00 (365) | 11Y 1M |
| HDFC Children’s Gift Dir | 5 star | 27.72 | 18.23 | 18.03 | 0.95 | 8,433 | 16.41 | — | 11Y 1M |
Portfolio Analysis of Bandhan Hybrid Equity Fund
| No. of Stocks | 58 |
| Top 10 Holdings | 39.28% |
| Top 5 Stocks | 22.16% |
| Top 3 Sectors | 34.45% |
| Portfolio P/B Ratio | 3.46 |
| Portfolio P/E Ratio | 26.03 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,56,539 | 1,59,079 |
| Giant (%) | 59.28 | 53.80 |
| Large (%) | 15.51 | 17.14 |
| Mid (%) | 14.02 | 22.83 |
| Small (%) | 11.19 | 7.70 |
| Tiny (%) | — | 0.42 |
| Fund | Category | |
| Number of Securities | 72 | 72 |
| Macaulay Duration (yrs) | 1.77 | 4.2 |
| Average Maturity (yrs) | 1.95 | 6.67 |
| Yield to Maturity (%) | 7.87 | 7.59 |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Hybrid Equity Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Hybrid Equity Fund
Do not invest in this, or any other aggressive 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-equity-hybrid-95-fund/