February 15, 2024
mayank
Bandhan Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.0200
NAV IDCW: Rs 10.0200
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments.
Fund Manager:
1) Daylynn Gerard Paul Pinto
Education: Mr. Pinto is a B.Com (H) and PGDM.
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.
2) Nemish Sheth
Education: Mr. Sheth is a B.Com, PGDM(FINANCE)
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
3) 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).
4) Gautam Kaul
Education: Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience: Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (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 | For units in excess of 10% of the investment, 0.5% will be charged for redemption Within 30 days |
Basic Details
| Fund House | Bandhan Mutual Fund |
| Launch Date | 31-Jan-24 |
| Return Since Launch | 0.20% |
| Benchmark | NIFTY 500 TRI (65), NIFTY Short Duration Index (25), Domestic Price of Gold (5), Domestic Price of Silver (5) |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 1,165 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.38% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bandhan Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Multi Asset Allocation Dir | — | 0.24 | — | — | — | — | — | — | — | — |
| VR Balanced TRI | — | 0.38 | — | — | — | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | — | 0.28 | — | — | — | — | — | — | — | — |
| Rank within category | — | 17 | — | — | — | — | — | — | — | — |
| Number of funds in category | 31 | 33 | 31 | 31 | 28 | 26 | 18 | 12 | 8 | 6 |
Peer Comparison of Bandhan Multi Asset Allocation 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 Multi Asset Allocation Dir | Unrated | — | — | — | 0.38 | 1,165 | 0.20 | 0.50 (30) | 15D | — |
| ICICI Pru Multi Asset Dir | 4 star | 28.76 | 23.88 | 21.04 | 0.84 | 32,831 | 16.90 | 1.00 (365) | 11Y 1M | 30.00 |
| SBI Multi Asset Allocation Dir | 4 star | 28.77 | 15.00 | 14.66 | 0.62 | 3,627 | 12.12 | 1.00 (365) | 11Y 1M | — |
| HDFC Multi Asset Dir | 4 star | 21.46 | 14.43 | 16.15 | 0.84 | 2,406 | 11.74 | 1.00 (365) | 11Y 1M | 16.63 |
| Tata Multi Asset Opp Dir | 4 star | 24.31 | 16.41 | — | 0.40 | 2,381 | 21.21 | 1.00 (365) | 3Y 11M | 16.78 |
Portfolio Analysis of Bandhan Multi Asset Allocation Fund
| No. of Stocks | 116 |
| Top 10 Holdings | 43.90% |
| Top 5 Stocks | 28.54% |
| Top 3 Sectors | 19.20% |
| Portfolio P/B Ratio | 3.33 |
| Portfolio P/E Ratio | 22.22 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,33,380 | 1,98,843 |
| Giant (%) | 47.58 | 54.53 |
| Large (%) | 23.00 | 19.97 |
| Mid (%) | 20.77 | 20.60 |
| Small (%) | 8.65 | 7.66 |
| Tiny (%) | — | 0.22 |
| Fund | Category | |
| Number of Securities | 141 | 55 |
| Macaulay Duration (yrs) | 0.78 | 2.32 |
| Average Maturity (yrs) | 1.14 | 3.20 |
| Yield to Maturity (%) | 6.76 | 7.45 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Bandhan Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Multi Asset Allocation Fund
Apply Online: https://bandhanmutual.com/mutual-funds
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-multi-asset-allocation-fund/