BANDHAN MULTI CAP FUND
Bandhan Mutual Fund · Multi Cap · Direct plan, growth option
NAV (₹), 1 Oct 2026
17.9820
1-day change
-0.54%
1Y return
-0.2%
3Y CAGR
11.4%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 3 Dec 2021 to 1 Oct 2026
Returns vs Multi Cap median (32 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.9% | -5.0% |
| 3 months | -3.8% | -1.7% |
| 6 months | 9.6% | 13.5% |
| Year to date | -3.7% | 1.1% |
| 1 year | -0.2% | 4.1% |
| 3 years (CAGR) | 11.4% | 13.3% |
| 5 years (CAGR) | n/a | 12.9% |
| 7 years (CAGR) | n/a | 17.8% |
| 10 years (CAGR) | n/a | 14.3% |
| Since first NAV (CAGR) | 12.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.2% | 11.2% |
| 3Y rolling median | 18.4% | 18.1% |
| 3Y rolling worst | 11.4% | 11.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 100% | 100% |
| 5Y rolling median | n/a | 16.5% |
| 5Y rolling worst | n/a | 0.3% |
| 5Y periods ahead of benchmark | n/a | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.7% | 16.3% |
| Sharpe ratio | 0.39 | 0.50 |
| Sortino ratio | 0.59 | 0.73 |
| Beta | 0.99 | 1.00 |
| Alpha (ann.) | 2.7% | 4.7% |
| Upside capture | 103.61 | 113.66 |
| Downside capture | 91.56 | 96.40 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.3% | −20.0% |
| Maximum drawdown, last 10Y | n/a | −38.0% |
| Maximum drawdown, last 5Y | n/a | −21.0% |
| Current drawdown | −6.5% | −6.3% |
| Recovery time of worst fall | 518 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.26% a year and the Direct plan's 0.94%, a gap of 1.32%; over the last 3 years the Direct plan returned 1.58 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹29,86,250.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 28 Sep 2026: TER increased from 0.93% to 0.94% (AMFI TER disclosure)
- 17 Sep 2026: TER reduced from 0.94% to 0.93% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 0.93% to 0.94% (AMFI TER disclosure)
- 7 Sep 2026: TER increased from 0.92% to 0.93% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Daylynn Pinto | Comanage - Equity Portion | 2 Dec 2021 |
| Harshal Joshi | Debt Portion | 2 Dec 2021 |
Objective: The Fund seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap, small cap stocks.
Stated asset allocation: Equity and Equity related Instruments of which: 75%-100% Large Cap Companies - 25%-50%, Mid Cap Companies - 25%-50%, Small Cap Companies - 25%-50%, International equity, equity mutual funds - 0%-25%, Debt Securities and Money Market Instruments (including Government securities, securitised debt) - 0%-25%
Benchmark (tier 1): NIFTY 500 Multicap 50:25:25 TRI
Exit load: If redeemed/switched out within 1 year from the date of allotment -1% of applicable NAV; If redeemed/switched out after 1 year from the date of allotment –Nil
Minimum application: Rs.1000
Allotment date: 2 Dec 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.94% | 0.96% |
| AUM, whole scheme (₹ crore) | 2,938 | 3,377 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 1.1% | 0.4% TRI |
| Return, 3 years (AMFI) | 11.6% | 10.9% TRI |
| Month-ends above category median (3Y CAGR) | 5% | 40% median |
| Month-ends in category top quartile (3Y) | 0% | 19% median |
Official benchmark: NIFTY 500 Multicap 50:25:25 Total Return Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Cap Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -3.7% | -7.8% | +4.1% |
| 2025 | 6.5% | 7.7% | −1.2% |
| 2024 | 21.2% | 15.6% | +5.6% |
| 2023 | 31.7% | 26.5% | +5.1% |
| 2022 | 8.7% | 3.8% | +4.9% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,500 | -2.3% |
| 3 years | ₹3,60,000 | ₹3,83,989 | 4.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Bandhan Mutual Fund
Category: Multi Cap
Plan / option: Direct · Growth
AMFI scheme code: 149303
ISIN: INF194KB1CL0
First NAV in MFIC data: 3 Dec 2021
History: 4.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Mirae Asset Multicap Fund | Multi Cap | 0.99 | 12.3% |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.99 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.98 | n/a |
| HDFC Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 11.2% |
| Nippon India Flexi Cap Fund | Flexi Cap | 0.98 | 8.8% |
| HDFC Multi Cap Fund | Multi Cap | 0.98 | 10.2% |
Questions about BANDHAN MULTI CAP FUND
- What is the latest NAV of BANDHAN MULTI CAP FUND?
- The NAV of the Direct plan (growth option) was ₹17.9820 on 1 Oct 2026, as published by AMFI.
- Which category is BANDHAN MULTI CAP FUND in?
- It is classified as Multi Cap in AMFI's daily NAV file; a Multi Cap scheme invests at least 25% each in large-, mid- and small-cap stocks. MFIC compares it with 32 Multi Cap schemes (Direct plans).
- What returns has BANDHAN MULTI CAP FUND delivered?
- Over one year the NAV changed by -0.2%. The 3-year CAGR is 11.4% (category median 13.3%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 18.4%, the lowest was 11.4%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in BANDHAN MULTI CAP FUND's NAV?
- The largest peak-to-trough fall in its available history was 18.3%.
- How volatile is BANDHAN MULTI CAP FUND?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.7%, which is below the Multi Cap category median of 16.3%.
- What would a monthly SIP in BANDHAN MULTI CAP FUND have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,83,989 on 1 Oct 2026, an annualised return (XIRR) of 4.2%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of BANDHAN MULTI CAP FUND?
- The total expense ratio of the Direct plan is 0.94% a year, as disclosed to AMFI (median of Multi Cap Direct plans: 0.96%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is BANDHAN MULTI CAP FUND?
- Assets under management of the whole scheme were ₹2,938 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of BANDHAN MULTI CAP FUND?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of BANDHAN MULTI CAP FUND and how has it compared?
- Its official benchmark is the NIFTY 500 Multicap 50:25:25 Total Return Index. Over 3 years AMFI reports a return of 11.6% for this plan against 10.9% for the benchmark total return index. Past performance does not indicate future results.
- How often has BANDHAN MULTI CAP FUND beaten its category?
- At 5% of the 22 month-ends compared over the last 10 years, its 3-year return was above the median of Multi Cap schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages BANDHAN MULTI CAP FUND?
- According to its Scheme Summary Document, BANDHAN MULTI CAP FUND is managed by Daylynn Pinto (since 2 Dec 2021), Harshal Joshi (since 2 Dec 2021).
- What is the exit load of BANDHAN MULTI CAP FUND?
- As stated in its scheme documents: If redeemed/switched out within 1 year from the date of allotment -1% of applicable NAV; If redeemed/switched out after 1 year from the date of allotment –Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in BANDHAN MULTI CAP FUND?
- The minimum application amount is Rs.1000. SIP details: SIP - Rs.100 SWP - Rs.200 STP - Rs.500/- and any amount thereafter (for Fixed amount / Fixed Percentage option).
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -0.2% and the Regular plan's by -1.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow BANDHAN MULTI CAP FUND by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.