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
: ₹ 676.03 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.
: ₹ 692.67 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 | 2.32% |
| Direct | 0.60% |
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 1 year from the date of allotment - Nil.
NAV (₹) as on December 29, 2023
| Regular Plan | Growth | 11.61 |
| Regular Plan | IDCW@ | 11.61 |
@@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 | 94.51% |
| Banks | 47.10% |
| oHDFC Bank | 14.98% |
| oICICI Bank | 14.89% |
| oState Bank of India | 5.04% |
| oIndusInd Bank | 3.51% |
| oAxis Bank | 3.50% |
| oKotak Mahindra Bank | 3.24% |
| City Union Bank | 0.98% |
| Karur Vysya Bank | 0.95% |
| Finance | 30.72% |
| oREC | 3.55% |
| oPower Finance Corporation | 3.49% |
| oShriram Finance | 3.02% |
| Manappuram Finance | 2.01% |
| Cholamandalam Invt and Fin Co | 1.97% |
| Five Star Business Finance | 1.90% |
| Bajaj Finserv | 1.86% |
| Indian Renewable Energy Development Agency | 1.74% |
| Repco Home Finance | 1.40% |
| India Shelter Finance Corporation | 1.17% |
| Satin Creditcare Network | 1.13% |
| Spandana Sphoorty Financial | 1.08% |
| L&T Finance Holdings | 1.03% |
| Home First Finance Company India | 0.88% |
| CRISIL | 0.88% |
| CreditAccess Grameen | 0.87% |
| SBI Cards and Payment Services | 0.87% |
| Cholamandalam Financial Holdings | 0.78% |
| IIFL Finance | 0.62% |
| Jio Financial Services | 0.48% |
| Capital Markets | 10.09% |
| Multi Commodity Exchange of India | 1.94% |
| Prudent Corporate Advisory Services | 1.29% |
| KFin Technologies | 1.09% |
| Angel One | 1.06% |
| UTI Asset Management Company | 1.02% |
| HDFC Asset Management Company | 0.98% |
| Motilal Oswal Financial Services | 0.97% |
| Central Depository Services (India) | 0.92% |
| BSE | 0.82% |
| Insurance | 5.71% |
| oGeneral Insurance Corporation of India | 2.38% |
| Life Insurance Corporation of India | 1.03% |
| SBI Life Insurance Company | 0.92% |
| HDFC Life Insurance Company | 0.90% |
| ICICI Lombard General Insurance Company | 0.49% |
| Financial Technology (Fintech) | 0.89% |
| PB Fintech | 0.89% |
| Net Cash and Cash Equivalent | 5.49% |
| 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
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.
