February 16, 2024
mayank
Bandhan Retirement Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.0830
NAV IDCW: Rs 11.0820
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) Vishal Biraia
2) 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
| Fund House | Bandhan Mutual Fund |
| Launch Date | 18-Oct-23 |
| Return Since Launch | 10.83% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 152 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.55% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bandhan Retirement Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Retirement Dir | 3.02 | 0.24 | 0.83 | 9.14 | — | — | — | — | — | — |
| VR Balanced TRI | 1.05 | 0.33 | -0.49 | 10.53 | — | — | — | — | — | — |
| Hybrid: Aggressive Hybrid | 2.66 | 0.46 | 0.82 | 10.44 | — | — | — | — | — | — |
| Rank within category | 17 | 39 | 21 | 32 | — | — | — | — | — | — |
| Number of funds in category | 46 | 46 | 46 | 45 | 44 | 44 | 42 | 35 | 28 | 22 |
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 | — | — | — | 0.55 | 152 | 10.83 | — | 3M | — |
| ICICI Pru Equity & Debt Dir | 5 star | 35.87 | 25.19 | 22.43 | 1.07 | 31,196 | 18.09 | 1.00 (365) | 11Y 1M | 28.00 |
| HDFC Hybrid Equity Dir | 4 star | 20.56 | 14.78 | 16.24 | 1.01 | 22,474 | 15.60 | 1.00 (365) | 11Y 1M | 42.71 |
| Canara Robeco Equity Hybrid Dir | 4 star | 23.57 | 13.41 | 16.77 | 0.64 | 9,746 | 14.94 | 1.00 (365) | 11Y 1M | 26.00 |
| HDFC Children’s Gift Dir | 5 star | 27.80 | 18.31 | 18.44 | 0.94 | 8,433 | 16.51 | — | 11Y 1M | 12.55 |
Portfolio Analysis of Bandhan Retirement Fund
| No. of Stocks | 50 |
| Top 10 Holdings | 55.15% |
| Top 5 Stocks | 39.11% |
| Top 3 Sectors | 24.11% |
| Portfolio P/B Ratio | 3.90 |
| Portfolio P/E Ratio | 25.45 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,27,648 | 1,59,079 |
| Giant (%) | 62.10 | 53.80 |
| Large (%) | 24.70 | 17.14 |
| Mid (%) | 12.61 | 22.83 |
| Small (%) | 0.59 | 7.70 |
| Tiny (%) | — | 0.42 |
| Fund | Category | |
| Number of Securities | 62 | 72 |
| Macaulay Duration (yrs) | 10.97 | 3.77 |
| Average Maturity (yrs) | 24.27 | 6.07 |
| Yield to Maturity (%) | 7.35 | 7.54 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Bandhan Retirement Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Retirement 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
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/tata-retirement-savings-fund-conservative-plan/