EquityValue FundRegularGrowthVery High

Bandhan Value Fund

Q: What is the NAV of Bandhan Value Fund?

As of 05 Oct 2026, the NAV of Bandhan Value Fund is ₹141.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bandhan Value Fund delivered?

Bandhan Value Fund has returned -3.98% over 1 year, +8.45% per year over 3 years, +10.54% per year over 5 years and +15.94% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Bandhan Value Fund?

Bandhan Value Fund charges an expense ratio of 1.99% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Bandhan Value Fund?

Bandhan Value Fund's largest holdings are HDFC Bank Limited (7.8%), Reliance Industries Limited (6.4%), Kotak Mahindra Bank Limited (6.3%), ICICI Bank Limited (4.4%) and Tata Consultancy Services Limited (4.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Bandhan Value Fund?

Bandhan Value Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.9% and its worst peak-to-trough fall in our sample was -53.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.15 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Value Fund's 0.15 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Bandhan Value Fund?

Bandhan Value Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Bandhan Value Fund?

Bandhan Value Fund is managed by Daylynn Pinto at Bandhan.

Q: How is Bandhan Value Fund taxed?

Bandhan Value Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Bandhan Mutual Fund · Best Value Mutual Funds

NAV

₹141.57

+0.45% 1D

as of 05 Oct 2026

This is the Regular plan of Bandhan Value Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-4.57%absolute

52-week rangePrev NAV ₹140.93

Latest ₹141.57

Low ₹132.2643rd percentile of its 52-week rangeHigh ₹154.02

Scorecard

★★★☆☆3/5 vs 21 of 23 Value Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Value Fund (same plan and option). 21 of the 23 Value Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +8.45% · ranks 16 of 21 Value Funds

RiskLow

Volatility 12.9% vs 14.4% category avg

CostLow

2.0% expense vs 2.4% category avg

ConsistencyHigh

94% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Value Fund peers (12.9% vs 14.4%)
Low expense ratio (1.99%) vs the Value Fund average of 2.43%
Consistent — positive in 94% of rolling 3-year windows

Concerns

1-year return (-3.98%) trails the Value Fund average (-1.17%)
3-year return (+8.45%) trails the Value Fund average (+11.09%)
Weaker risk-adjusted returns — Sharpe 0.15 below the Value Fund average of 0.31

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.99%

Category 2.43%▼0.44%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

18.78

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.15

Category 0.31▼0.16

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

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

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

04 Jun 2008

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.90%

Absolute return over the last 3 months (not annualized)

-4.17%

Absolute return over the last 6 months (not annualized)

+5.13%

Absolute return since 1 Jan of this year (not annualized)

-7.42%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-3.98%

3-year annualized return (CAGR)

+8.45%

5-year annualized return (CAGR)

+10.54%

10-year annualized return (CAGR)

+13.40%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+15.94%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.95%

Excess return per unit of total volatility (rf = 6.5%)

0.15

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.20

Largest peak-to-trough decline over full history

-53.09%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-1.25%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.90

How much of the fund's movement Nifty 500 TRI explains

96.9%

Excess return per unit of beta (market risk)

1.80

Active return over the benchmark per unit of tracking error

-0.53

Annualized std dev of fund-minus-benchmark returns

3.02%

Fund's share of benchmark gains in up months (100 = matches index)

90.3%

Fund's share of benchmark losses in down months (lower is better)

94.2%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Value Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.90%	-4.66%	+0.76%
3M abs	-4.17%	-4.36%	+0.19%
6M abs	+5.13%	+6.73%	-1.60%
1Y CAGR	-3.98%	-1.17%	-2.81%
3Y CAGR	+8.45%	+11.09%	-2.64%
5Y CAGR	+10.54%	+10.43%	+0.11%

Category average across peers in Value Fund (up to 23 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 23 peers in Value Fund

1Y return

-3.98%

Beats 38.1% · rank #14

3Y return

+8.45%

Beats 25% · rank #16

5Y return

+10.54%

Beats 43.8% · rank #10

Sharpe

0.15

Beats 25% · rank #16

Sortino

0.20

Beats 25% · rank #16

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.26L

Absolute

+21.08%

XIRR

+7.83%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Bandhan Value Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-7.42%	-7.18%	-0.24%
2025	+5.04%	+7.94%	-2.90%
2024	+18.02%	+16.43%	+1.59%
2023	+32.63%	+27.43%	+5.20%
2022	+3.15%	+4.34%	-1.19%
2021	+64.45%	+31.59%	+32.86%
2020	+15.19%	+18.33%	-3.14%
2019	-6.19%	+8.95%	-15.14%
2018	-12.95%	-2.33%	-10.62%
2017	+61.34%	+37.35%	+23.99%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

4,280

Expense ratio

1.99%

AUM

₹9,838Cr

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

18.8

P/B ratio

3.4

Avg market cap

₹4,47,544Cr

P/E & P/B are portfolio-weighted harmonic means across 53 of 61 equity holdings (87% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Value Fund

Compare all


Bandhan Value FundThis fund Bandhan · Regular · Growth	★★★☆☆	-3.98%	+8.45%	+10.54%	—	1.99%	₹9,838Cr
Quant Value Fund quant · Regular · Growth	★★★★☆	+10.34%	+18.08%	—	—	2.44%	₹1,784Cr
LIC MF Value Fund LIC · Regular · Growth	★★★☆☆	+17.49%	+15.91%	—	—	3.22%	₹212.81Cr
Axis Value Fund Axis · Regular · Growth	★★★★★	+3.64%	+15.56%	+13.59%	—	2.27%	₹1,552Cr
DSP Value Fund DSP · Regular · Growth	★★★★★	+2.62%	+14.46%	+11.39%	—	2.41%	₹1,772Cr
HDFC Value Fund HDFC · Regular · Growth	★★★★☆	+3.02%	+14.12%	+11.90%	—	1.88%	₹7,330Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap64.7%
Mid cap19.2%
Small cap16.2%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity93.41%
Cash & Equivalents6.05%
Debt0.49%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
BANDHAN ELSS - Tax Saver Fund Bandhan · ELSS	83.8%	★★★☆☆	0.93%	+8.82%
Bandhan Multi Cap Fund Bandhan · Multi Cap Fund	67.5%	★★★☆☆	0.95%	+11.63%
Bandhan Flexi Cap Fund Bandhan · Flexi Cap Fund	65.7%	★★☆☆☆	1.52%	+9.66%
Bandhan Multi Asset Allocation Fund Bandhan · Multi Asset Allocation	57.8% of 66% equity	★★★★★	0.79%	—
ICICI Prudential Value Fund ICICI Prudential · Value Fund	54.6%	★★★★☆	1.08%	+10.76%
HDFC Multi Asset Allocation Fund HDFC · Multi Asset Allocation	49.1% of 67% equity	★★★☆☆	0.99%	+11.32%
ICICI Prudential Equity Savings Fund ICICI Prudential · Equity Savings	49.1% of 74% equity	★★☆☆☆	1.12%	+6.70%
Bandhan Retirement Fund Bandhan · Retirement Fund	48.6% of 72% equity	★★★★☆	1.03%	+8.46%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 1.73% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Sterlite Technologies LimitedLong-term · Stage IV1.61%
Whirlpool of India LimitedShort-term · Stage I0.12%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-53.1%09 Jan 2018 → 24 Mar 2020
Fell over 2.2 years, back to the old high on 08 Feb 2021 — 11 months under water after the low.
-29.9%10 Nov 2010 → 20 Dec 2011
Fell over 13 months, back to the old high on 27 Nov 2012 — 11 months under water after the low.
-29.2%18 Jun 2008 → 26 Nov 2008
Fell over 5 months, back to the old high on 20 May 2009 — 6 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹9,838Cr

April - June 2026

-2%

since January - March 2026

+₹200.12Cr

est. net flow, last quarter

At or near its largest, ₹9,995Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Bandhan Mutual Fund is the former IDFC Mutual Fund, bought in 2022 by a consortium of Bandhan Financial Holdings, ChrysCapital and GIC and renamed the following year. It carries a long-established debt franchise alongside its equity and index schemes.

Launched

19 Dec 1999

Total AUM

₹2,04,046Cr+4.5% QoQ

Avg AUM · April - June 2026

Website

bandhanmutual.com

Fund Managers

DPDaylynn PintoManaging since 20 Oct 2016

Role

Senior Fund Manager – Equity

Education

PGDM, B.Com.

Experience

He is associated with Bandhan AMC since October 2016 and responsible for investments and equity fund management. He also undertakes equity research. Prior to joining Bandhan AMC, he was associated with UTI Asset Logistics Management Co. Ltd. as Fund Manager, responsible for fund management. He also undertook Equity research. (July 2006 September 2016). (Total experience – 19 years)

Funds managed (4)

All schemes Daylynn Pinto runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Daylynn Pinto

Top holdings

HDFC Bank Limited Reliance Industries Limited Kotak Mahindra Bank Limited ICICI Bank Limited Tata Consultancy Services Limited Infosys Limited Axis Bank Limited Maruti Suzuki India Limited Larsen & Toubro Limited Bharti Airtel Limited ITC Limited Oil & Natural Gas Corporation Limited

Bandhan in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Value funds

Value funds look for stocks trading below what the manager thinks they're worth. The style can lag for long stretches and then catch up quickly, so it rewards patience.

Frequently asked questions

What is the NAV of Bandhan Value Fund?

As of 05 Oct 2026, the NAV of Bandhan Value Fund is ₹141.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bandhan Value Fund delivered?

Bandhan Value Fund has returned -3.98% over 1 year, +8.45% per year over 3 years, +10.54% per year over 5 years and +15.94% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Bandhan Value Fund?

Bandhan Value Fund charges an expense ratio of 1.99% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Bandhan Value Fund?

Bandhan Value Fund's largest holdings are HDFC Bank Limited (7.8%), Reliance Industries Limited (6.4%), Kotak Mahindra Bank Limited (6.3%), ICICI Bank Limited (4.4%) and Tata Consultancy Services Limited (4.1%). Holdings are disclosed monthly and change over time.

How risky is Bandhan Value Fund?

Bandhan Value Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.9% and its worst peak-to-trough fall in our sample was -53.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.15 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Value Fund's 0.15 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Bandhan Value Fund?

Bandhan Value Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Bandhan Value Fund?

Bandhan Value Fund is managed by Daylynn Pinto at Bandhan.

How is Bandhan Value Fund taxed?

Bandhan Value Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.