February 15, 2024
mayank
Bandhan Midcap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 13.9670
NAV IDCW: Rs 13.9600
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
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 appreciation by investing predominantly in equities and equity linked securities of mid cap segment.
Fund Manager:
1) 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.
2) 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) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | Bandhan Mutual Fund |
| Launch Date | 18-Aug-22 |
| Return Since Launch | 25.08% |
| Benchmark | S&P BSE 150 MidCap Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,035 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.56% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 46.00% |
Trailing Returns (%) of Bandhan Midcap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Midcap Dir | 0.96 | 0.68 | -0.11 | 11.76 | 19.62 | 40.80 | — | — | — | — |
| S&P BSE 150 MidCap TRI | 5.43 | 1.05 | 2.30 | 17.04 | 26.08 | 54.09 | — | — | — | — |
| Equity: Mid Cap | 3.64 | 0.71 | 1.27 | 14.66 | 23.67 | 49.00 | — | — | — | — |
| Rank within category | 33 | 22 | 30 | 31 | 31 | 32 | — | — | — | — |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 25 | 22 | 20 | 18 |
Peer Comparison of Bandhan Midcap 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 Midcap Dir | Unrated | 40.80 | — | — | 0.56 | 1,035 | 25.08 | 1.00 (365) | 1Y 5M | 46.00 |
| HDFC Mid-Cap Opportunities Dir | 4 star | 55.42 | 30.62 | 26.46 | 0.78 | 59,027 | 21.88 | 1.00 (365) | 11Y 1M | 19.09 |
| Kotak Emerging Equity Dir | 4 star | 35.32 | 23.24 | 25.11 | 0.38 | 39,027 | 20.78 | 1.00 (365) | 11Y 1M | 4.27 |
| Nippon India Growth Dir | 4 star | 53.66 | 29.17 | 27.24 | 0.86 | 24,366 | 19.00 | 1.00 (30) | 11Y 1M | 17.00 |
| SBI Magnum Midcap Dir | 4 star | 37.94 | 24.49 | 24.80 | 0.84 | 15,957 | 20.22 | 1.00 (365) | 11Y 1M | 12.00 |
Portfolio Analysis of Bandhan Midcap Fund
| No. of Stocks | 77 |
| Top 10 Stocks | 27.91% |
| Top 5 Stocks | 15.65% |
| Top 3 Sectors | 42.11% |
| Portfolio P/B Ratio | 6.43 |
| Portfolio P/E Ratio | 38.60 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 42,716 | 48,313 |
| Giant (%) | 4.24 | 6.36 |
| Large (%) | 28.66 | 32.56 |
| Mid (%) | 61.00 | 58.30 |
| Small (%) | 6.09 | 3.43 |
| Tiny (%) | — | — |
How to Invest in Bandhan Midcap Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Midcap Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://bandhanmutual.com/mutual-funds
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