5 Best-Performing Bandhan Mutual Funds: Top Fund Yields 27.7% CAGR in 3-Year Returns
Bandhan Mutual Funds, which is funded by the Indian government, was formerly known as IDFC Mutual Funds. Nonetheless, the updated version of this AMC currently rules the mutual fund industry. In April 2022, Bandhan formed a partnership with a group of investors to purchase and acquire the IDFC AMC.
Here are the top 5 funds of Bandhan Mutual Fund
Fund Name | Fund Size(in Cr) | 3Y Returns (CAGR) |
Bandhan Core Equity Fund Direct Growth |
4,680 |
27.7%
|
Bandhan Sterling Value Fund Direct Plan Growth | 9,019 |
26.3%
|
Bandhan Large Cap Fund Direct Growth |
1,393 |
20.3%
|
Bandhan Banking & PSU Debt Fund Direct Growth | 14,109 |
5.7%
|
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 6,433 |
22.1%
|
1. Bandhan Core Equity Fund Direct Growth
One of Bandhan Mutual Fund’s equity mutual fund schemes is the Bandhan Core Equity Fund Direct-Growth. Fund managers Manish Gunwani, Rahul Agarwal and Harsh Bhatia are now in charge of this scheme. Its current NAV declared is ₹147.557 and its AUM is ₹4,680.59 Crores.
For this scheme, the minimum SIP amount to invest is ₹100.
2. Bandhan Sterling Value Fund Direct Plan Growth
One of Bandhan Mutual Fund’s equity mutual fund schemes is the Bandhan Sterling Value Fund Direct Plan-Growth. Daylynn Gerard Paul Pinto is the fund manager for this scheme. As of July 6, 2024, at 7:03 p.m., the most recent NAV declared is ₹168.076, with an AUM of ₹9,019.36 crores.
For this scheme, the minimum SIP amount to invest is ₹100.
3. Bandhan Large Cap Fund Direct Growth
Over the last three and five years, the fund’s annualized returns have been around 20.04% and 19.11%, respectively. The IDFC Mutual Funds Equity category includes the Bandhan Large Cap Fund. As of July 6, 2024, its AUM is ₹1,393 crores.
For this scheme, the minimum SIP amount to invest is ₹100.
4. Bandhan Banking & PSU Debt Fund Direct Growth
The fund’s annualized returns over the last three and five years have been around 5.65% and 7%, respectively. The IDFC Mutual Funds Debt category includes the Bandhan Banking & PSU Debt Fund. As of July 6, 2024, its AUM is ₹14,109 crores.
For this scheme, the minimum SIP amount to invest is ₹100.
5. Bandhan ELSS Tax Saver Fund Direct Plan Growth
One of Bandhan Mutual Fund’s tax-saving mutual fund schemes is the Bandhan ELSS Tax Saver Fund Direct Plan-Growth. Daylynn Gerard Paul Pinto is the fund manager for this scheme. Its most recent NAV declaration is ₹173.512 and its AUM is ₹6,433.56 Crores.
For this scheme, the minimum SIP amount to invest is ₹500.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.