Bandhan Focused Fund
FocusedVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹91.56-0.52%1 day
- Return since launch
- 11.3%
- 52-week range
- ₹77.18 — ₹92.55
- AUM
- ₹2,094 Cr
Bandhan Focused Fund is a Focused equity fund from Bandhan Mutual Fund with ₹2,094 Cr under management, launched in 2006. Over three years it has returned 9.2% a year, against 11.3% for its category. The expense ratio is 2.27% and the SEBI riskometer reading is Very High.
Performance
Bandhan Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.1% against +1.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 10.6% | +7.2 pts | 3.4% | 1.8% |
| 2Y | 6.7% | +3.3 pts | 3.3% | 2.3% |
| 3Y | 9.2% | −2.1 pts | 11.3% | 4.6% |
| 5Y | 12.9% | +3.5 pts | 9.3% | 9.1% |
| 7Y | 14.0% | +1.3 pts | 12.7% | 12.0% |
| 10Y | 12.8% | +0.5 pts | 12.3% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.2% | +5.9 pts | -3.7% | -3.5% |
| 3M | 4.7% | +4.1 pts | 0.6% | 0.5% |
| 6M | 15.5% | +3.4 pts | 12.2% | 11.1% |
| 1Y | 7.1% | +3.7 pts | 3.4% | 1.7% |
| 2Y | 1.0% | +2.9 pts | -1.9% | -2.4% |
| 3Y | 14.9% | +3.7 pts | 11.3% | 10.2% |
| 5Y | 11.2% | +1.8 pts | 9.3% | 8.6% |
| 7Y | 14.1% | +0.3 pts | 13.8% | 13.3% |
| 10Y | 12.5% | +0.2 pts | 12.3% | 11.2% |
Since launch (30 Jan 2006): 11.3%
Calendar-year returns
Category average14.9%
24.6%
-5.0%
31.3%
30.0%
-1.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -1.6% | −7.7 pts | 6.0% |
| 2024 | 30.0% | +9.2 pts | 20.9% |
| 2023 | 31.3% | +3.6 pts | 27.7% |
| 2022 | -5.0% | −7.4 pts | 2.4% |
| 2021 | 24.6% | −8.6 pts | 33.2% |
| 2020 | 14.9% | −2.7 pts | 17.5% |
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
2.22%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.74%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.16 | 5.76 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.99 | 0.95 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.54 | 0.78 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.76 | 1.06 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.58 | 15.68 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Bandhan Focused Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.6%
- Debt0.0%
- Other2.4%
Market cap split
- Large39.1%
- Mid14.1%
- Small46.8%
- P/E
- 18.17
- P/B
- 2.54
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LT Foods Ltd. | Consumer Staples | 9.04% | ₹189 Cr | +7.63% | +8.09% | +3.44% |
| Prestige Estates Projects Ltd. | Construction | 6.71% | ₹141 Cr | +5.44% | +3.62% | +4.90% |
| HDFC Bank Ltd. | Financial | 6.22% | ₹130 Cr | +5.96% | +5.73% | +6.46% |
| Cholamandalam Financial Holdings Ltd. | Financial | 5.80% | ₹121 Cr | +5.27% | +3.90% | +3.73% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 5.60% | ₹117 Cr | +4.86% | +4.21% | +2.29% |
| Jubilant Pharmova Ltd. | Healthcare | 5.09% | ₹107 Cr | +5.42% | +4.38% | +3.19% |
| ICICI Bank Ltd. | Financial | 4.93% | ₹103 Cr | +4.37% | +4.86% | +5.17% |
| Tilaknagar Industries Ltd. | Consumer Staples | 3.94% | ₹82.55 Cr | +3.71% | +3.74% | +0.35% |
| Power Finance Corporation Ltd. | Financial | 3.60% | ₹75.35 Cr | +5.75% | +8.51% | +8.04% |
| Sanathan Textiles Ltd. | Textiles | 3.30% | ₹69.00 Cr | +2.79% | +2.36% | +1.99% |
| Kotak Mahindra Bank Ltd. | Financial | 3.27% | ₹68.53 Cr | — | — | — |
| State Bank of India | Financial | 3.23% | ₹67.68 Cr | +4.42% | +6.56% | +7.84% |
| V2 Retail Ltd. | Services | 3.23% | ₹67.61 Cr | +3.07% | — | — |
| Reliance Industries Ltd. | Energy | 3.11% | ₹65.14 Cr | +3.30% | +2.47% | +2.52% |
| Eternal Ltd. | Services | 3.05% | ₹63.90 Cr | +2.39% | +1.97% | +2.63% |
| Larsen & Toubro Ltd. | Construction | 2.58% | ₹53.95 Cr | +2.40% | +1.91% | +3.59% |
| Godawari Power And Ispat Ltd. | Metals & Mining | 2.47% | ₹51.75 Cr | +2.34% | — | — |
| Others | Others | 2.41% | ₹50.20 Cr | +0.50% | +0.50% | +0.50% |
| Angel One Ltd. | Financial | 2.33% | ₹48.79 Cr | +2.81% | +1.55% | +1.55% |
| Signatureglobal (India) Ltd. | Construction | 2.33% | ₹48.77 Cr | +2.64% | +2.88% | +2.53% |
| The South Indian Bank Ltd. | Financial | 2.30% | ₹48.14 Cr | +2.93% | +3.56% | +3.28% |
| Tata Consultancy Services Ltd. | Technology | 2.18% | ₹45.73 Cr | +2.11% | +1.78% | +2.19% |
| Global Health Ltd. | Healthcare | 2.16% | ₹45.17 Cr | — | — | — |
| NTPC Ltd. | Energy | 1.94% | ₹40.70 Cr | +2.35% | +2.36% | +2.64% |
| Infosys Ltd. | Technology | 1.88% | ₹39.35 Cr | +1.97% | +2.61% | +3.37% |
| company:20795 | Technology | 1.70% | ₹35.61 Cr | — | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.67% | ₹35.02 Cr | +2.41% | +2.54% | +2.88% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.34% | ₹27.96 Cr | +2.73% | +2.14% | +2.97% |
| company:20839 | Technology | 1.34% | ₹28.00 Cr | — | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 1.25% | ₹26.27 Cr | +1.97% | +2.31% | +2.13% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Power Finance Corporation Ltd. | 5.57% | 3.60% | -1.97% |
| company:20795 | 0.00% | 1.70% | +1.70% |
| company:20839 | 0.00% | 1.34% | +1.34% |
| Aurobindo Pharma Ltd. | 2.14% | 1.25% | -0.89% |
| Global Health Ltd. | 1.30% | 2.16% | +0.86% |
| Glenmark Pharmaceuticals Ltd. | 4.87% | 5.60% | +0.73% |
| LT Foods Ltd. | 8.34% | 9.04% | +0.70% |
| State Bank of India | 3.62% | 3.23% | -0.39% |
| HDFC Bank Ltd. | 6.58% | 6.22% | -0.36% |
| Jubilant Pharmova Ltd. | 5.36% | 5.09% | -0.27% |
| Eternal Ltd. | 2.82% | 3.05% | +0.23% |
| Cholamandalam Financial Holdings Ltd. | 6.01% | 5.80% | -0.21% |
| Kotak Mahindra Bank Ltd. | 3.06% | 3.27% | +0.21% |
| Tilaknagar Industries Ltd. | 3.73% | 3.94% | +0.21% |
| Varun Beverages Ltd. | 1.85% | 1.67% | -0.18% |
| Sanathan Textiles Ltd. | 3.47% | 3.30% | -0.17% |
| Signatureglobal (India) Ltd. | 2.49% | 2.33% | -0.16% |
| Godawari Power And Ispat Ltd. | 2.32% | 2.47% | +0.15% |
| V2 Retail Ltd. | 3.08% | 3.23% | +0.15% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1.48% | 1.34% | -0.14% |
| NTPC Ltd. | 2.07% | 1.94% | -0.13% |
| Angel One Ltd. | 2.43% | 2.33% | -0.10% |
| Reliance Industries Ltd. | 3.20% | 3.11% | -0.09% |
| Larsen & Toubro Ltd. | 2.52% | 2.58% | +0.06% |
| The South Indian Bank Ltd. | 2.36% | 2.30% | -0.06% |
| ICICI Bank Ltd. | 4.89% | 4.93% | +0.04% |
| Prestige Estates Projects Ltd. | 6.67% | 6.71% | +0.04% |
| Tata Consultancy Services Ltd. | 2.16% | 2.18% | +0.02% |
| Infosys Ltd. | 1.88% | 1.88% | 0.00% |
| Others | 0.10% | 0.10% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹19,070 Cr | 2.07% | 6.0% | 9.2% | 13.9% |
 SBI Focused Fund | ₹51,248 Cr | 1.60% | 7.3% | 11.3% | 13.0% |
 ICICI Prudential Focused Fund | ₹17,949 Cr | 2.15% | -2.5% | 6.9% | 13.4% |
 Invesco India Focused Fund | ₹6,454 Cr | 1.94% | 14.6% | 9.7% | 15.4% |
 ITI Focused Fund | ₹629 Cr | 2.59% | 4.5% | 8.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 stocks.
Fund managers
- Kirthi JainMr. Jain has done CAPrior to joining Bandhan Mutual Fund, he was associated with Canara HSBC Life Insurance, Sundaram Mutual Fund and B&K Securities
- 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.
- Rahul AgarwalMr. Agarwal has done B.COM (Hons) from Calcutta University and PGDM from TAPMIPrior to joining Bandhan Mutual Fund, he has worked with HSBC Asset Management, L&T Investment Management Ltd, ICICI Prudential Life Insurance Ltd and Copal Amba
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 past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months15.54% absolute | ₹60,000 | ₹69,324 | 15.54% | |
| 1 year7.10% annualised | ₹1,20,000 | ₹1,24,717 | 3.93% | |
| 3 years14.93% annualised | ₹3,60,000 | ₹4,56,273 | 26.74% | |
| 5 years11.15% annualised | ₹6,00,000 | ₹8,05,781 | 34.30% |
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 Focused Fund?
The NAV of Bandhan Focused Fund is ₹91.56 as on 25 Sep 2026.
What is the expense ratio of Bandhan Focused Fund?
The expense ratio of Bandhan Focused Fund is 2.27% per year.
What is the minimum SIP amount for Bandhan Focused Fund?
You can start a SIP in Bandhan Focused Fund with ₹3,000 a month.
What returns has Bandhan Focused Fund given?
Bandhan Focused Fund has returned 10.6% over 1 year, 9.2% over 3 years and 12.9% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan Focused 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 Focused Fund?
Bandhan Focused Fund is rated Very High on the SEBI riskometer and belongs to the Focused category.
Which fund house manages Bandhan Focused Fund?
Bandhan Focused Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,06,009 Cr under management.