Bandhan Midcap Fund§
An open ended equity scheme predominantly investing in mid cap stocks.
(Formerly known as IDFC Midcap Fund)
Bandhan Midcap Fund §
An open ended equity scheme predominantly investing in mid cap stocks.
(Formerly known as IDFC Midcap Fund)
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About the Fund: The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment.
Category: Midcap
: ₹ 871.00 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.
: ₹ 873.81 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.
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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.
Ms. Ritu Modi (equity portion),
Mr. Harshal Joshi (debt portion).
| Total Expense Ratio | |
| Regular | 2.23% |
| Direct | 0.61% |
| Portfolio Turnover | |
| Equity | 0.25 |
| Aggregate^ | 0.25 |
SIP (Minimum Amount): ₹ 100/- and in multiples of Re. 1 thereafter
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly/Quarterly)@@: Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : Rs 1,000/- and any amount thereafter
Option Available: Growth, IDCW@ - (Payout of Income Distribution cum capital withdrawal option and in case the amount of Income Distribution cum capital withdrawal payable to the Unitholder is ₹ 100/- or less under a Folio, the same will be compulsorily reinvested in the Scheme.)
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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 September 29, 2023
| Regular Plan | Growth | 12.11 |
| Regular Plan | IDCW@ | 12.11 |
@@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
^^Ms. Nishita Shah will be managing overseas investment portion of the scheme.
| Name | % of NAV |
| Equity and Equity related Instruments | 96.83% |
| Industrial Products | 16.60% |
| oAstral | 2.90% |
| oCummins India | 2.79% |
| oAPL Apollo Tubes | 2.47% |
| Supreme Industries | 2.21% |
| Timken India | 1.59% |
| Carborundum Universal | 1.34% |
| Polycab India | 1.13% |
| R R Kabel | 1.08% |
| Bharat Forge | 1.08% |
| Auto Components | 9.60% |
| oUNO Minda | 2.48% |
| Schaeffler India | 2.15% |
| Sona BLW Precision Forgings | 2.07% |
| Sundram Fasteners | 1.83% |
| Craftsman Automation | 1.07% |
| Electrical Equipment | 8.55% |
| oCG Power and Industrial Solutions | 3.36% |
| Suzlon Energy | 2.07% |
| Thermax | 1.70% |
| Apar Industries | 1.41% |
| Retailing | 6.00% |
| oTrent | 2.95% |
| Aditya Birla Fashion and Retail | 1.55% |
| Vedant Fashions | 0.75% |
| Electronics Mart India | 0.75% |
| Chemicals & Petrochemicals | 5.97% |
| Navin Fluorine International | 2.35% |
| Tata Chemicals | 1.88% |
| Aether Industries | 0.94% |
| Fine Organic Industries | 0.80% |
| Banks | 5.89% |
| oThe Federal Bank | 3.03% |
| ICICI Bank | 2.05% |
| IDFC First Bank | 0.81% |
| Consumer Durables | 5.53% |
| Kajaria Ceramics | 2.43% |
| Metro Brands | 1.82% |
| Safari Industries (India) | 1.28% |
| IT - Software | 5.20% |
| Persistent Systems | 2.29% |
| MphasiS | 1.11% |
| KPIT Technologies | 0.95% |
| Coforge | 0.85% |
| Finance | 4.24% |
| Cholamandalam Invt and Fin Co | 1.68% |
| M&M Financial Services | 1.65% |
| CreditAccess Grameen | 0.91% |
| Automobiles | 3.79% |
| oTVS Motor Company | 2.62% |
| Mahindra & Mahindra | 1.17% |
| Pharmaceuticals & Biotechnology | 3.50% |
| Abbott India | 1.69% |
| Concord Biotech | 1.37% |
| Laurus Labs | 0.44% |
| Leisure Services | 3.30% |
| oThe Indian Hotels Company | 2.49% |
| Westlife Foodworld | 0.81% |
| Beverages | 3.02% |
| Varun Beverages | 1.53% |
| United Breweries | 1.49% |
| Industrial Manufacturing | 2.76% |
| Praj Industries | 1.17% |
| Syrma SGS Technology | 0.90% |
| Titagarh Rail Systems | 0.69% |
| Telecom - Services | 2.71% |
| oTata Communications | 2.71% |
| Healthcare Services | 2.49% |
| Krishna Institute of Medical Sciences | 1.38% |
| Max Healthcare Institute | 1.11% |
| Fertilizers & Agrochemicals | 1.70% |
| Coromandel International | 1.70% |
| Textiles & Apparels | 1.59% |
| K.P.R. Mill | 1.27% |
| Page Industries | 0.32% |
| Aerospace & Defense | 1.58% |
| Data Patterns (India) | 1.58% |
| Diversified | 1.16% |
| 3M India | 1.16% |
| Capital Markets | 0.62% |
| ICICI Securities | 0.62% |
| Financial Technology (Fintech) | 0.55% |
| One 97 Communications | 0.55% |
| Food Products | 0.48% |
| Mrs. Bectors Food Specialities | 0.48% |
| Net Cash and Cash Equivalent | 3.17% |
| Grand Total | 100.00% |
| oTop 10 Equity Holdings |
The scheme has been in existence for more than 1 year but less than 3 years or 5 years. Performance based on NAV as on 29/09/2023. Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
The performances given are of regular plan growth option.
For other funds managed by the fund manager, please Click here for other funds managed by the fund manager and refer to the respective fund pages. #Benchmark Returns. ##Alternate Benchmark Returns.
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 a long term.
- Investment in a portfolio of equity and equity related securities of mid cap companies.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
S&P BSE 150 Midcap Index
^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). Other ratios are not given as scheme has not completed 3 years.
Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.
§With effect from 13th March 2023, the name of "IDFC Midcap Fund" has changed to "Bandhan Midcap Fund"
