Bandhan Financial Services Fund
Sector Fund - An open ended equity scheme investing in Financial Services Sector
Bandhan Financial Services Fund
Sector Fund - An open ended equity scheme investing in Financial Services Sector
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About the Fund: Bandhan Financial Services Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in financial services.
Category: Sector
: ₹ 697.95 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.
: ₹ 724.93 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.
| Total Expense Ratio | |
| Regular | 2.31% |
| Direct | 0.59% |
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))
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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 30 days from the date of allotment - Nil.
NAV (₹) as on January 31, 2024
| Regular Plan | Growth | 12.05 |
| Regular Plan | IDCW@ | 12.06 |
@@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. Ritika Behera will be managing for Equity overseas investment portion of the scheme w.e.f. October 07, 2023.
| Name | % of NAV |
| Equity and Equity related Instruments | 96.69% |
| Banks | 42.52% |
| oICICI Bank | 14.68% |
| oHDFC Bank | 9.65% |
| oKotak Mahindra Bank | 4.85% |
| oState Bank of India | 4.80% |
| oAxis Bank | 3.24% |
| oIndusInd Bank | 3.22% |
| Karur Vysya Bank | 1.07% |
| City Union Bank | 1.01% |
| Finance | 33.39% |
| oREC | 4.39% |
| oPower Finance Corporation | 4.26% |
| oShriram Finance | 4.11% |
| oIndian Renewable Energy Development Agency | 2.94% |
| Manappuram Finance | 2.64% |
| Repco Home Finance | 2.00% |
| Five Star Business Finance | 1.88% |
| Cholamandalam Invt and Fin Co | 1.77% |
| India Shelter Finance Corporation | 1.21% |
| Satin Creditcare Network | 1.16% |
| L&T Finance Holdings | 1.03% |
| Cholamandalam Financial Holdings | 1.02% |
| Crisil | 1.02% |
| IIFL Finance | 1.02% |
| Jio Financial Services | 0.99% |
| Home First Finance Company India | 0.98% |
| CreditAccess Grameen | 0.98% |
| Capital Markets | 12.92% |
| HDFC Asset Management Company | 2.44% |
| Multi Commodity Exchange of India | 2.13% |
| Prudent Corporate Advisory Services | 1.47% |
| KFin Technologies | 1.34% |
| Motilal Oswal Financial Services | 1.34% |
| Angel One | 1.12% |
| BSE | 1.05% |
| UTI Asset Management Company | 1.04% |
| Central Depository Services (India) | 0.98% |
| Insurance | 6.80% |
| General Insurance Corporation of India | 2.78% |
| Life Insurance Corporation of India | 1.12% |
| ICICI Lombard General Insurance Company | 0.99% |
| SBI Life Insurance Company | 0.97% |
| Medi Assist Healthcare Services | 0.93% |
| Financial Technology (Fintech) | 1.07% |
| PB Fintech | 1.07% |
| Net Cash and Cash Equivalent | 3.31% |
| Grand Total | 100.00% |
| oTop 10 Equity Holdings |
Click here for other funds managed by the fund manager and refer to the respective fund pages
Other parameters relating to performance and SIP are not disclosed as the fund has not completed 1 year.
"Where the scheme has been in existence for less than six months past performance shall not be provided. Further, if the scheme has been in existence for more than six months but less than one year, then simple annualized growth rate of the scheme for the past 6 months from the last day of month-end preceding the date of advertisement shall be provided."
Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.
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
Other parameters relating to performance and SIP are not disclosed as the fund has not completed 1 year.
Click here for other funds managed by the fund manager and refer to the respective fund pages
Ms. Ritika Behera has been designated as the dedicated fund manager for managing the overseas exposure in equity segment for all equity oriented schemes and hybrid schemes of Bandhan Mutual Fund ("the Fund") with effect from October 07, 2023.
