April 22, 2025
mayank
Bandhan Retirement Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.4620
NAV IDCW: Rs 12.4570
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 Scheme seeks to provide long-term capital appreciation / income by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals.
Fund Manager:
1) 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).
2) Vishal Biraia
Education: Mr. Biraia has done B.E and CFA
Experience: Prior to joining Bandhan Mutual Fund, he has worked with Max Life Insurance Company Ltd, Aviva India, Antique Stock Broking Ltd, Emkay Global Financial Services Ltd and Batlivala & Karani Securities India Pvt. Ltd.
3) 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) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details of Bandhan Retirement Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 18-Oct-23 |
| Return Since Launch | 15.70% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 172 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.72% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 5.00% |
Trailing Returns (%) of Bandhan Retirement Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Retirement Dir | 1.02 | 0.93 | 2.56 | 3.88 | -0.22 | 10.54 | — | — | — | — |
| VR Aggressive Hybrid TRI | -1.78 | 1.59 | 5.91 | 0.81 | -5.17 | 7.50 | — | — | — | — |
| Hybrid: Aggressive Hybrid | -1.24 | 1.10 | 2.89 | 2.43 | -2.63 | 11.41 | — | — | — | — |
| Rank within category | 7 | 36 | 34 | 7 | 6 | 26 | — | — | — | — |
| Number of funds in category | 44 | 44 | 44 | 44 | 44 | 43 | 42 | 39 | 29 | 23 |
Peer Comparison of Bandhan Retirement 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 Retirement Dir | Unrated | 10.54 | — | — | 0.72 | 172 | 15.70 | — | 1Y 6M | 5.00 |
| ICICI Pru Equity & Debt Dir | 5 star | 12.82 | 18.71 | 27.98 | 1.00 | 40,962 | 17.69 | 1.00 (365) | 12Y 3M | 30.00 |
| HDFC Children’s Dir | 5 star | 10.27 | 16.33 | 23.59 | 0.97 | 9,590 | 15.88 | — | 12Y 3M | 17.18 |
| Kotak Equity Hybrid Dir | 4 star | 13.21 | 14.82 | 23.97 | 0.50 | 6,795 | 14.19 | 1.00 (365) | 12Y 3M | 69.79 |
| UTI Aggressive Hybrid Dir | 4 star | 13.76 | 17.16 | 24.34 | 1.21 | 5,910 | 13.49 | 1.00 (365) | 12Y 3M | 35.00 |
Portfolio Analysis of Bandhan Retirement Fund
| No. of Stocks | 59 |
| Top 10 Holdings | 56.21% |
| Top 5 Stocks | 44.07% |
| Top 3 Sectors | 25.19% |
| Portfolio P/B Ratio | 3.37 |
| Portfolio P/E Ratio | 23.34 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,84,862 | 2,02,824 |
| Giant (%) | 67.83 | 58.27 |
| Large (%) | 20.65 | 16.37 |
| Mid (%) | 8.06 | 19.16 |
| Small (%) | 3.46 | 8.06 |
| Tiny (%) | — | 0.73 |
| Fund | Category | |
| Number of Securities | 68 | 82 |
| Macaulay Duration (yrs) | 10.20 | 4.18 |
| Average Maturity (yrs) | 23.22 | 7.87 |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Bandhan Retirement Fund
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