Bandhan Financial Services Fund
An open ended equity scheme investing in Financial Services Sector
Bandhan Financial Services Fund
An open ended equity scheme investing in Financial Services Sector
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About the Fund: The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services.
Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.
Category: Sector
: ₹ 69.72 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 540.73 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
:
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
| Total Expense Ratio | |
| Regular | 2.34% |
| Direct | 0.70% |
SIP (Minimum Amount): ₹ 100/- and in multiples of ₹1 thereafter
SIP Frequency: Monthly
SIP Dates (Monthly/Quarterly)@@: Investor may choose any day of the month except 29th, 30th and 31st as the date of installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 1,000/- and in multiples of Re. 1/- thereafter
Option Available: Growth, IDCW@ (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only))
:
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
► If redeemed/switched out after 1 year from the date of allotment - Nil.
NAV (₹) as on July 31, 2023
| Regular Plan | Growth | 10.02 |
| Regular Plan | IDCW@ | 10.02 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
Portfolio Beta, Standard Deviation, R Squared, Sharpe Ratio and Tracking Error of the Scheme is not computed owing to the short time frame (<3years) since launch of the Scheme
| Name | % of NAV |
| Equity and Equity related Instruments | 96.06% |
| Banks | 29.85% |
| oHDFC Bank | 6.81% |
| oICICI Bank | 5.75% |
| oState Bank of India | 3.45% |
| oAxis Bank | 2.48% |
| oKotak Mahindra Bank | 2.44% |
| Bank of Baroda | 2.02% |
| IndusInd Bank | 1.74% |
| Bandhan Bank | 1.04% |
| Karur Vysya Bank | 1.04% |
| IDFC First Bank | 1.03% |
| Equitas Small Finance Bank | 1.03% |
| City Union Bank | 1.02% |
| Index | 26.72% |
| oBank Nifty Index - Equity Futures | 26.72% |
| Finance | 24.02% |
| oHome First Finance Company India | 2.61% |
| oCreditAccess Grameen | 2.14% |
| oShriram Finance | 2.08% |
| Piramal Enterprises | 2.03% |
| Cholamandalam Invt and Fin Co | 2.01% |
| Five Star Business Finance | 1.90% |
| REC | 1.06% |
| Cholamandalam Financial Holdings | 1.05% |
| Muthoot Finance | 1.03% |
| IDFC | 1.02% |
| SBI Cards and Payment Services | 1.02% |
| Spandana Sphoorty Financial | 1.02% |
| CRISIL | 1.02% |
| Power Finance Corporation | 1.01% |
| Bajaj Finserv | 1.01% |
| Manappuram Finance | 1.01% |
| L&T Finance Holdings | 1.00% |
| Capital Markets | 8.23% |
| Prudent Corporate Advisory Services | 1.05% |
| Multi Commodity Exchange of India | 1.04% |
| UTI Asset Management Company | 1.04% |
| BSE | 1.04% |
| Angel One | 1.02% |
| KFin Technologies | 1.02% |
| HDFC Asset Management Company | 1.02% |
| Central Depository Services (India) | 1.01% |
| Financial Technology (Fintech) | 4.18% |
| oPB Fintech | 2.11% |
| One 97 Communications | 2.07% |
| Insurance | 3.06% |
| ICICI Lombard General Insurance Company | 1.04% |
| SBI Life Insurance Company | 1.02% |
| HDFC Life Insurance Company | 1.01% |
| Mutual Fund Units | 9.26% |
| Bandhan Liquid Fund -Direct Plan-Growth | 9.26% |
| Net Cash and Cash Equivalent | -5.31% |
| Grand Total | 100.00% |
| oTop 10 Equity Holdings |
Scheme risk-o-meter
Investors understand that their principal will be at Very High risk
This product is suitable for investors who are seeking*
- To create wealth over long term.
- Investment predominantly in equity and equity related instruments of the companies engaged in the Financial Services sector.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
Nifty Financial Services TRI
Performance, SIP & other parameters are not disclosed as fund has not completed 6 months.
Click here for other funds managed by the fund manager and refer to the respective fund pages
