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Bandhan Flexi Cap Fund

Flexi CapVery HighOPEN-ENDED
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NAV as on 25 Sep 2026
₹204.15+0.09%1 day
Return since launch
15.5%
52-week range
₹186.79 — ₹217.35
AUM
₹7,508 Cr

Bandhan Flexi Cap Fund is a Flexi Cap equity fund from Bandhan Mutual Fund with ₹7,508 Cr under management, launched in 2005. Over three years it has returned 3.3% a year, against 11.5% for its category. The expense ratio is 2.22% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y-3.4%−6.2 pts2.8%0.4%
2Y0.1%−3.2 pts3.3%1.1%
3Y3.3%−8.2 pts11.5%3.7%
5Y8.4%−1.4 pts9.8%9.1%
7Y11.2%−2.0 pts13.2%11.8%
10Y10.7%−2.1 pts12.8%11.5%

Fund against category

1Y
Fund-3.4%
Category2.8%
3Y
Fund3.3%
Category11.5%
5Y
Fund8.4%
Category9.8%

Since launch (5 Sep 2005): 15.5%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20259.2%+5.0 pts4.2%
202414.8%−7.0 pts21.8%
202324.5%−5.2 pts29.7%
2022-1.4%−3.0 pts1.7%
202132.2%−2.2 pts34.4%
20209.8%−9.2 pts19.0%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

2.21%

Expense ratio as on 24 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.54%
Brokerage
0.13%
Transaction charges
0.01%
Statutory levies
0.53%
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
BSE 500 TRI
Short-term capital gains
Returns taxed at 20% if you redeem before 1 year
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha-0.025.64Return earned above what the benchmark alone would have given. Higher is better.
Beta0.891.04How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.440.74Return earned for each unit of total risk taken. Higher is better.
Sortino0.590.98Return earned for each unit of downside risk. Higher is better.
Std. deviation13.7217.32How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

Bandhan Flexi Cap Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Equity94.7%
  • Debt0.7%
  • Other4.6%

Market cap split

  • Large76.0%
  • Mid10.5%
  • Small13.5%
P/E
20.26
P/B
2.87

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
HDFC Bank Ltd.Financial8.50%₹638 Cr+8.11%+9.02%+7.29%
ICICI Bank Ltd.Financial8.00%₹601 Cr+7.32%+7.69%+6.36%
Reliance Industries Ltd.Energy5.27%₹396 Cr+4.37%+2.63%+4.33%
OthersOthers4.63%₹343 Cr+0.10%+13.31%+0.15%
Axis Bank Ltd.Financial3.90%₹293 Cr+3.63%+1.58%+2.57%
Kotak Mahindra Bank Ltd.Financial3.85%₹289 Cr+3.55%+3.35%+3.06%
Bharti Airtel Ltd.Communication3.50%₹263 Cr+3.53%+0.95%+0.96%
Infosys Ltd.Technology3.47%₹261 Cr+3.68%+0.03%+4.79%
ITC Ltd.Consumer Staples2.89%₹217 Cr+2.87%+2.41%+0.61%
Maruti Suzuki India Ltd.Automobile2.89%₹217 Cr+2.62%+1.05%+2.41%

Sectors

  • Financial30.2%
  • Energy10.4%
  • Technology6.7%
  • Insurance6.5%
  • Consumer Staples6.2%
  • Automobile5.9%
  • Healthcare5.4%
  • Services5.0%

Instruments

  • Reverse Repo4.5%
  • Treasury Bills0.7%
  • Cash Margin0.2%
  • Margin Money0.0%
  • Cash0.0%

Recent changes

HoldingFromToWeight
Bajaj Finserv Ltd.-0.52%2.42%+2.94%
Tata Consultancy Services Ltd.0.04%2.71%+2.67%
Axis Bank Ltd.2.99%3.90%+0.91%
State Bank of India0.88%0.00%-0.88%
Info Edge (India) Ltd.1.38%0.68%-0.70%
company:34030.00%0.63%+0.63%
Others0.79%0.16%-0.63%
Infosys Ltd.4.03%3.47%-0.56%
Titan Company Ltd.1.93%1.43%-0.50%
DLF Ltd.0.68%0.18%-0.50%
Apollo Hospitals Enterprise Ltd.0.95%0.47%-0.48%
Varun Beverages Ltd.0.67%1.09%+0.42%
Sterlite Technologies Ltd.1.60%1.20%-0.40%
Ajanta Pharma Ltd.0.39%0.00%-0.39%
Life Insurance Corporation of India0.78%1.17%+0.39%
Coal India Ltd.0.93%1.28%+0.35%
Shree Cement Ltd.0.72%1.05%+0.33%
Eternal Ltd.2.30%1.97%-0.33%
ICICI Bank Ltd.7.71%8.00%+0.29%
Sun Pharmaceutical Industries Ltd.0.79%1.06%+0.27%
ITC Ltd.3.15%2.89%-0.26%
company:21670.00%0.26%+0.26%
Mahindra & Mahindra Ltd.0.47%0.22%-0.25%
Hyundai Motor India Ltd.1.41%1.17%-0.24%
company:5700.00%0.23%+0.23%
NMDC Ltd.0.22%0.00%-0.22%
NTPC Ltd.0.87%1.09%+0.22%
company:79440.00%0.20%+0.20%
LTM Limited0.75%0.56%-0.19%
Kotak Mahindra Bank Ltd.4.02%3.85%-0.17%
Bayer CropScience Ltd.0.50%0.67%+0.17%
Maruti Suzuki India Ltd.2.72%2.89%+0.17%
Tube Investments Of India Ltd.0.15%0.00%-0.15%
Reliance Industries Ltd.5.13%5.27%+0.14%
company:30770.00%0.14%+0.14%
Syngene International Ltd.0.53%0.67%+0.14%
MAS Financial Services Ltd.0.39%0.26%-0.13%
Swiggy Ltd.0.23%0.36%+0.13%
Atul Ltd.0.39%0.51%+0.12%
Hero Motocorp Ltd.1.35%1.23%-0.12%
company:59320.00%0.12%+0.12%
JK Lakshmi Cement Ltd.0.52%0.64%+0.12%
Motherson Sumi Wiring India Ltd.0.29%0.41%+0.12%
V-Mart Retail Ltd.1.23%1.34%+0.11%
HDFC Bank Ltd.8.39%8.50%+0.11%
Vedanta Aluminium Metal Ltd.0.72%0.81%+0.09%
SBI Life Insurance Company Ltd.1.37%1.28%-0.09%
Glaxosmithkline Pharmaceuticals Ltd.0.00%0.08%+0.08%
company:11200.00%0.08%+0.08%
company:142430.00%0.08%+0.08%
Greenpanel Industries Ltd.0.40%0.33%-0.07%
Larsen & Toubro Ltd.1.82%1.89%+0.07%
Hindustan Unilever Ltd.1.25%1.18%-0.07%
Jindal Steel Ltd.0.73%0.79%+0.06%
Power Grid Corporation Of India Ltd.0.64%0.70%+0.06%
Oil And Natural Gas Corporation Ltd.1.60%1.54%-0.06%
Brigade Enterprises Ltd.0.17%0.11%-0.06%
Emami Ltd.0.89%0.95%+0.06%
JK Cement Ltd.0.18%0.24%+0.06%
Dalmia Bharat Ltd.0.65%0.70%+0.05%
Tata Chemicals Ltd.0.46%0.51%+0.05%
Petronet LNG Ltd.0.56%0.60%+0.04%
Rainbow Children's Medicare Ltd.0.62%0.58%-0.04%
Cholamandalam Financial Holdings Ltd.1.46%1.42%-0.04%
Cera Sanitaryware Ltd.0.65%0.61%-0.04%
Mahanagar Gas Ltd.0.44%0.48%+0.04%
Vinati Organics Ltd.0.20%0.23%+0.03%
company:20350.00%0.03%+0.03%
ICICI Lombard General Insurance Company Ltd.1.18%1.15%-0.03%
Trent Ltd.0.71%0.69%-0.02%
ICICI Prudential Life Insurance Company Ltd.1.19%1.21%+0.02%
Indraprastha Gas Ltd.0.22%0.24%+0.02%
Sanofi India Ltd.0.24%0.22%-0.02%
Bharti Airtel Ltd.3.51%3.50%-0.01%
The Great Eastern Shipping Company Ltd.0.46%0.45%-0.01%
Poonawalla Fincorp Ltd.0.99%1.00%+0.01%
Reserve Bank of India0.64%0.65%+0.01%
KEC International Ltd.0.45%0.44%-0.01%
Havells India Ltd.0.67%0.66%-0.01%
Dr. Reddy's Laboratories Ltd.0.45%0.46%+0.01%
HDFC Life Insurance Co Ltd.1.70%1.70%0.00%
Cipla Ltd.1.36%1.36%0.00%
Pfizer Ltd.0.23%0.23%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹5,332 Cr2.22%12.8%9.8%15.4%
Motilal Oswal Flexi Cap Fund₹14,160 Cr2.05%12.8%9.3%14.8%
Invesco India Flexi Cap Fund₹5,709 Cr2.07%5.7%7.8%—
Bank of India Flexi Cap Fund₹2,953 Cr2.25%14.0%10.6%16.0%
360 ONE FlexiCap Fund₹2,250 Cr2.38%15.0%10.0%—
ITI Flexi Cap Fund₹1,588 Cr2.34%16.8%11.6%—

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme aims to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. It would invest in small and medium size businesses with good long term potential, which are available at cheap valuations.

Fund managers

  • Manish GunwaniMr. Gunwani is a B.Tech. and PGDM.Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon India Mutual Fund, ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
  • Viraj KulkarniMr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance).Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months6.95% absolute₹60,000₹64,1706.95%
1 year−0.71% annualised₹1,20,000₹1,19,539−0.38%
3 years9.66% annualised₹3,60,000₹4,19,01216.39%
5 years8.46% annualised₹6,00,000₹7,48,88924.81%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of Bandhan Flexi Cap Fund?
The NAV of Bandhan Flexi Cap Fund is ₹204.15 as on 25 Sep 2026.
What is the expense ratio of Bandhan Flexi Cap Fund?
The expense ratio of Bandhan Flexi Cap Fund is 2.22% per year.
What is the minimum SIP amount for Bandhan Flexi Cap Fund?
You can start a SIP in Bandhan Flexi Cap Fund with ₹3,000 a month.
What returns has Bandhan Flexi Cap Fund given?
Bandhan Flexi Cap Fund has returned -3.4% over 1 year, 3.3% over 3 years and 8.4% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan Flexi Cap Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year..
How risky is Bandhan Flexi Cap Fund?
Bandhan Flexi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages Bandhan Flexi Cap Fund?
Bandhan Flexi Cap Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,06,009 Cr under management.