Bandhan Balanced Advantage Fund
This is the Regular plan of Bandhan Balanced Advantage Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+7.93% 3Y CAGR)Performance
Scorecard
Not ratedHow 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. Not rated — too few comparable Hybrid funds (same plan and option) to rank against yet.
Not enough Dynamic Asset Allocation or Balanced Advantage peers to rank yet
Volatility 8.3% (no category average yet)
2.3% expense (no category average yet)
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
- Consistent — positive in 94% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -2.57% | — | — |
| 3M abs | -1.61% | — | — |
| 6M abs | +6.65% | — | — |
| 1Y CAGR | -5.57% | — | — |
| 3Y CAGR | +1.11% | — | — |
| 5Y CAGR | +0.44% | — | — |
Category average across peers in Dynamic Asset Allocation or Balanced Advantage, 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Bandhan Balanced Advantage 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 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -6.83% | -12.54% | +5.71% | |
| 2025 | -1.00% | +11.97% | -12.97% | |
| 2024 | +7.89% | +10.16% | -2.27% | |
| 2023 | +9.29% | +21.69% | -12.40% | |
| 2022 | -6.00% | +5.68% | -11.68% | |
| 2021 | +11.01% | +25.49% | -14.48% | |
| 2020 | +9.05% | +16.57% | -7.52% | |
| 2019 | +3.72% | +13.43% | -9.71% | |
| 2018 | -3.94% | +4.40% | -8.34% | |
| 2017 | +9.16% | +30.12% | -20.96% |
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.
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity69.73%
- Debt28.49%
- Cash & Equivalents0.45%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹2,267Cr in July - September 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.
Fund Managers
MGManish GunwaniManaging since 24 Jan 2024
Chief Investment Officer- Equity
Post Graduate Diploma in Management IIM, Bangalore B-Tech - IIT, Madras
Mr. Manish Gunwani joined Bandhan AMC in January 2023 as Head - Equities. - He was earlier associated with Nippon Life India Asset Management Limited as Chief Investment (Equities) from September 2017 to December 2022 and had the overall responsibility of all equity schemes of Nippon Mutual Fund. Prior Innovation Fund - to that, he was associated with ICICI Prudential Asset Management Company Limited from June 2010 to August 2017 as Deputy Chief Investment Officer (Equities) and was the Fund Manager of two flagship equity schemes of ICICI Prudential Mutual Fund. (Total experience – 24 years).
VBVishal BiraiaStart date not disclosed
Vice President Bachelor - Fund Management, Equities
Mr. Vishal Biraia joined Bandhan AMC Limited in June, 2023 in Fund Bandhan Management. He was earlier associated with Max Business Cycle Fund - Equity Life Insurance (June 2021 to May 2023) and Aviva Life Insurance (July 2018 – November 2021) as Research analyst and assistant fund manager. Prior to that, he was associated with Antique Stock Broking (January 2015 to July 2018) with primary responsibility of research and marketing Indian equities to FII’s and with Batlivala & Karani Securities (June 2007 to July 2014) as Research Analyst. (Total Experience -17 years.)
BSBrijesh ShahManaging since 16 Jul 2022
Senior Vice President – Fixed Income
Post Graduate Diploma in Finance
Mr Shah is associated with Bandhan AMC since August 2015 as part of the Fixed Income Team and will now be handling investments and fixed income Bandhan US Treasury Bond 0-1 year – fund management. Prior experience: · IDBI Asset Management Ltd. – Dealing in Fixed income (Jan.2013 to Aug.2015) · India Bulls Asset Management Ltd. – Dealing in Fixed income (Jun.2011 to Dec.2012) · Mata Securities - Relationship Manager, Wholesale Debt Market (Jun.2010 to Jun.2011) · Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan.2009 to May2010) (Total experience – 15 years)
- Bandhan 10 year Constant Maturity Gilt Fund
- Bandhan 10 year Constant Maturity Gilt Fund
- Bandhan Aggressive Hybrid Fund
- BANDHAN Arbitrage Fund
- Bandhan Banking and PSU Debt Fund
- BANDHAN CONSERVATIVE HYBRID FUND
- BANDHAN Corporate Bond Fund
- BANDHAN Corporate Bond Fund
- BANDHAN CREDIT RISK FUND
- BANDHAN CREDIT RISK FUND
- Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- BANDHAN Dynamic Term Fund
- BANDHAN Dynamic Term Fund
- BANDHAN EQUITY SAVINGS FUND
- BANDHAN FLOATING INTEREST RATES FUND
- BANDHAN FLOATING INTEREST RATES FUND
- Bandhan Gilt Fund
- Bandhan Gilt Fund
- Bandhan Healthcare Fund
- BANDHAN INNOVATION FUND
- BANDHAN LIQUID Fund
- BANDHAN LIQUID Fund
- BANDHAN LONG TERM FUND
- Bandhan Medium Term Fund
- Bandhan Medium Term Fund
- Bandhan Medium Term Fund
- Bandhan Medium to Long Term Fund
- Bandhan Medium to Long Term Fund
- Bandhan Money Market Fund
- Bandhan Money Market Fund
- BANDHAN MULTI ASSET ALLOCATION FUND
- Bandhan Multi-Factor Fund
- BANDHAN Overnight Fund
- BANDHAN Overnight Fund
- BANDHAN RETIREMENT FUND
- Bandhan Short Term Fund
- Bandhan Short Term Fund
- Bandhan Ultra Short Term Fund
- Bandhan Ultra Short Term Fund
- BANDHAN ULTRA SHORT TO SHORT TERM FUND
- BANDHAN ULTRA SHORT TO SHORT TERM FUND
- Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF - Direct Plan - Growth
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
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.
Bandhan Ultra Short to Short Term Fund Direct-IDCW Weekly
The Economic Times · 5d ago
Bandhan 10 year Constant Maturity Gilt Fund - Dir - Growth
ClearTax · 5d ago
Bandhan Mutual Fund raises EPL Ltd stake to 7.36% via open market buy
scanx.trade · 6d ago
Dalmia Bharat Refractories sells 11.1% stake in RHI Magnesita to Clarus Capital, Bandhan MF, SBI MF,...
Moneycontrol.com · 13d ago
Bandhan Small Cap Fund August portfolio: Cyient, P N Gadgil see higher holdings; 4 stocks added, 6 exited
Livemint · 19d ago
Bandhan Mutual Fund raises Mastek stake to 5.05% via open market buy
scanx.trade · 21d ago
Suprajit Engineering NSE:SUPRAJIT Investor Meet Bandhan MF
Kalkine India · 25d ago
Bandhan Mid Cap Fund - Regular Plan: Overview, Performance, Portfolio | Mutual Fund
valueresearchonline.com · 26d ago
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 Balanced Advantage funds
Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.
Frequently asked questions
What is the NAV of Bandhan Balanced Advantage Fund?
As of 05 Oct 2026, the NAV of Bandhan Balanced Advantage Fund is ₹13.81 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Bandhan Balanced Advantage Fund delivered?
Bandhan Balanced Advantage Fund has returned -5.57% over 1 year, +1.11% per year over 3 years, +0.44% per year over 5 years and +2.71% 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 Balanced Advantage Fund?
Bandhan Balanced Advantage Fund charges an expense ratio of 2.32% 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 Balanced Advantage Fund?
Bandhan Balanced Advantage Fund's largest holdings are ICICI Bank Limited (4.3%), Axis Bank Limited (4.2%), Reliance Industries Limited (3.9%), Bharti Airtel Limited (3.6%) and Bajaj Finance Limited (3.6%). Holdings are disclosed monthly and change over time.
How risky is Bandhan Balanced Advantage Fund?
Bandhan Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 8.3% and its worst peak-to-trough fall in our sample was -25.9%. 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 -0.65 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bandhan Balanced Advantage Fund's -0.65 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Bandhan Balanced Advantage Fund?
Bandhan Balanced Advantage Fund is benchmarked against the NIFTY 50 Hybrid Composite debt 50:50 Index. Its alpha and beta on this page are measured against that index.
Who manages Bandhan Balanced Advantage Fund?
Bandhan Balanced Advantage Fund is managed by Manish Gunwani, Vishal Biraia and Brijesh Shah at Bandhan.
How is Bandhan Balanced Advantage Fund taxed?
Bandhan Balanced Advantage 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.