Bandhan Value Fund
Bandhan Mutual Fund · Value · Direct plan, growth option
NAV (₹), 1 Oct 2026
161.8440
1-day change
-0.48%
1Y return
-2.7%
3Y CAGR
9.1%
5Y CAGR
12.1%
Max drawdown, 5Y
−18.6%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Value median (23 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.7% | -5.5% |
| 3 months | -3.5% | -4.5% |
| 6 months | 5.4% | 4.6% |
| Year to date | -7.1% | -5.8% |
| 1 year | -2.7% | -1.8% |
| 3 years (CAGR) | 9.1% | 11.2% |
| 5 years (CAGR) | 12.1% | 12.2% |
| 7 years (CAGR) | 18.9% | 16.6% |
| 10 years (CAGR) | 15.0% | 13.7% |
| Since first NAV (CAGR) | 15.6% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 13.1% | 12.7% |
| 3Y rolling median | 18.8% | 18.7% |
| 3Y rolling worst | -12.8% | -5.9% |
| 3Y periods positive | 92% | 98% |
| 3Y periods ahead of benchmark | 95% | 98% |
| 5Y rolling median | 17.7% | 15.4% |
| 5Y rolling worst | -4.2% | -1.3% |
| 5Y periods ahead of benchmark | 100% | 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.) | 14.2% | 15.4% |
| Sharpe ratio | 0.27 | 0.34 |
| Sortino ratio | 0.40 | 0.51 |
| Beta | 0.90 | 0.96 |
| Alpha (ann.) | 0.8% | 1.9% |
| Upside capture | 93.32 | 102.26 |
| Downside capture | 90.48 | 94.29 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −51.9% | −36.7% |
| Maximum drawdown, last 10Y | −51.9% | −40.1% |
| Maximum drawdown, last 5Y | −18.6% | −18.2% |
| Current drawdown | −9.9% | −9.6% |
| Recovery time of worst fall | 316 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6: higher than 4% of days since 2022 (median 23.9)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.02% a year and the Direct plan's 0.98%, a gap of 1.04%; over the last 3 years the Direct plan returned 1.16 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 ₹23,82,269.
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.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Daylynn Pinto | Comanage | 20 Oct 2016 |
Objective: The investment objective of the Scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following a value investment strategy.
Stated asset allocation: Equity and equity related instruments - 65%-100%, Debt Securities and Money Market Instruments (including Government securities, Securitised debt, Margin money/FD) and Units issued by InvITs, within which - 0%-35%, Units issued by InvITs - 0% - 10%
Benchmark (tier 1): BSE 500 TRI
Exit load: Entry Load: Nil. Exit Load (w.e.f 08-May-2020) If redeemed / Switched Out within 365 days from the date of allotment - Up to 10% of Investment Nil & For remaining Investment: 1.00%. If redeemed / switched out after 365 days from the date of allotment: Nil
Minimum application: Rs.1000/-
Allotment date: 7 Mar 2008
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 | 0.98% | 1.28% |
| AUM, whole scheme (₹ crore) | 9,498 | 1,215 |
| 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) | -1.4% | -2.3% TRI |
| Return, 3 years (AMFI) | 9.3% | 9.2% TRI |
| Return, 5 years (AMFI) | 12.2% | 8.9% TRI |
| Month-ends above category median (3Y CAGR) | 63% | 45% median |
| Month-ends in category top quartile (3Y) | 48% | 24% median |
| 7Y rolling CAGR, median (monthly windows) | 16.3% | 15.1% median |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Value 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 | -7.1% | -7.8% | +0.7% |
| 2025 | 6.2% | 7.7% | −1.5% |
| 2024 | 19.3% | 15.6% | +3.7% |
| 2023 | 34.0% | 26.5% | +7.5% |
| 2022 | 4.3% | 3.8% | +0.5% |
| 2021 | 66.2% | 30.6% | +35.6% |
| 2020 | 16.4% | 17.2% | −0.8% |
| 2019 | -5.1% | n/a | – |
| 2018 | -11.9% | n/a | – |
| 2017 | 63.1% | n/a | – |
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 | ₹1,15,954 | -6.2% |
| 3 years | ₹3,60,000 | ₹3,68,285 | 1.5% |
| 5 years | ₹6,00,000 | ₹7,53,984 | 9.1% |
| 10 years | ₹12,00,000 | ₹26,36,102 | 15.0% |
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: Value
Plan / option: Direct · Growth
AMFI scheme code: 118481
ISIN: INF194K01Z85
First NAV in MFIC data: 2 Jan 2013
History: 13.7 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 |
|---|---|---|---|
| BANDHAN ELSS - Tax Saver Fund | ELSS | 0.99 | 8.4% |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.98 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.98 | n/a |
| Baroda BNP Paribas Dividend Yield Fund | Dividend Yield | 0.98 | n/a |
| BANDHAN MULTI CAP FUND | Multi Cap | 0.97 | 11.4% |
| Mahindra Manulife Business Cycle Fund | Sectoral/Thematic | 0.97 | 15.8% |
Questions about Bandhan Value Fund
- What is the latest NAV of Bandhan Value Fund?
- The NAV of the Direct plan (growth option) was ₹161.8440 on 1 Oct 2026, as published by AMFI.
- Which category is Bandhan Value Fund in?
- It is classified as Value in AMFI's daily NAV file. MFIC compares it with 23 Value schemes (Direct plans).
- What returns has Bandhan Value Fund delivered?
- Over one year the NAV changed by -2.7%. The 3-year CAGR is 9.1% (category median 11.2%) and the 5-year CAGR is 12.1% (category median 12.2%). 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 18.8%, the lowest was -12.8%, and 92% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 95% of those periods.
- What was the largest fall in Bandhan Value Fund's NAV?
- The largest peak-to-trough fall in its available history was 51.9%; within the last five years it was 18.6% (category median 18.2%).
- How volatile is Bandhan Value Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.2%, which is below the Value category median of 15.4%.
- What would a monthly SIP in Bandhan Value Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,53,984 on 1 Oct 2026, an annualised return (XIRR) of 9.1%. 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 Value Fund?
- The total expense ratio of the Direct plan is 0.98% a year, as disclosed to AMFI (median of Value Direct plans: 1.28%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Bandhan Value Fund?
- Assets under management of the whole scheme were ₹9,498 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Bandhan Value 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 Value Fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 9.3% for this plan against 9.2% for the benchmark total return index; over 5 years 12.2% against 8.9%. Past performance does not indicate future results.
- How often has Bandhan Value Fund beaten its category?
- At 63% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Value schemes (Direct plans); it was in the top quarter at 48% of them. A typical scheme would show about 50%.
- Who manages Bandhan Value Fund?
- According to its Scheme Summary Document, Bandhan Value Fund is managed by Daylynn Pinto (since 20 Oct 2016).
- What is the exit load of Bandhan Value Fund?
- As stated in its scheme documents: Entry Load: Nil. Exit Load (w.e.f 08-May-2020) If redeemed / Switched Out within 365 days from the date of allotment - Up to 10% of Investment Nil & For remaining Investment: 1.00%. If redeemed / switched out after 365 days 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 Value 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 -2.7% and the Regular plan's by -3.7%. The Regular plan includes the services of a distributor.
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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.