Bandhan Mid Cap Fund
- NAV as on 9 Nov 2026
- ₹18.96+0.64%1 day
- Return since launch
- 16.2%
- 52-week range
- ₹15.45 — ₹19.66
- AUM
- ₹2,519 Cr
Bandhan Mid Cap Fund is a Mid Cap equity fund from Bandhan Mutual Fund with ₹2,519 Cr under management, launched in 2022. Over three years it has returned 9.8% a year, against 14.8% for its category. The expense ratio is 2.13% and the SEBI riskometer reading is Very High.
Performance
Bandhan Mid Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.0% against +1.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 12.4% | +8.8 pts | 3.6% | 3.6% |
| 2Y | 9.7% | +3.4 pts | 6.3% | 5.2% |
| 3Y | 9.8% | −5.0 pts | 14.8% | 6.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.1% | −0.7 pts | 2.8% | 2.5% |
| 3M | -1.3% | +2.1 pts | -3.4% | -4.2% |
| 6M | 5.9% | +3.6 pts | 2.3% | 0.9% |
| 1Y | 7.1% | +3.5 pts | 3.6% | 2.1% |
| 2Y | 5.2% | +1.3 pts | 3.9% | 3.4% |
| 3Y | 15.8% | +1.1 pts | 14.8% | 13.6% |
Since launch (28 Jul 2022): 16.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -3.0% | −6.1 pts | 3.1% |
| 2024 | 31.7% | +1.4 pts | 30.3% |
| 2023 | 37.4% | −1.3 pts | 38.7% |
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
2.11%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.70%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.36%
- Exit load
- Exit load of 1%, if redeemed within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 150 MidCap Index
- 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.
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 | 2.23 | 5.01 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.57 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 0.96 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.94 | 19.25 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bandhan Mid Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.5%
- Debt0.0%
- Other2.5%
Market cap split
- Large15.4%
- Mid66.8%
- Small17.8%
- P/E
- 46.79
- P/B
- 6.21
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Apar Industries Ltd. | Consumer Staples | 3.99% | ₹101 Cr | +3.50% | +2.81% | +1.98% |
| GE Vernova T&D India Ltd | Capital Goods | 3.18% | ₹80.11 Cr | +4.13% | +3.84% | +2.88% |
| The Federal Bank Ltd. | Financial | 3.02% | ₹76.15 Cr | +3.25% | +3.23% | +2.10% |
| Ipca Laboratories Ltd. | Healthcare | 2.66% | ₹66.98 Cr | +2.20% | +2.22% | +0.96% |
| Others | Others | 2.53% | ₹64.87 Cr | +0.45% | +0.55% | +0.55% |
| Aditya Infotech Ltd. | Communication | 2.32% | ₹58.32 Cr | +1.74% | +1.11% | +0.39% |
| Fortis Healthcare Ltd. | Healthcare | 2.27% | ₹57.12 Cr | +2.81% | +2.93% | +2.94% |
| Persistent Systems Ltd. | Technology | 2.14% | ₹53.93 Cr | +1.72% | +2.60% | +2.54% |
| Sai Life Sciences Ltd. | Healthcare | 2.10% | ₹52.86 Cr | +1.84% | +1.80% | +1.64% |
| Vishal Mega Mart Ltd. | Services | 2.04% | ₹51.52 Cr | +2.59% | +2.92% | +1.26% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.03% | ₹51.13 Cr | +1.73% | +1.26% | — |
| L&T Finance Ltd. | Financial | 1.94% | ₹48.81 Cr | +2.28% | +2.12% | +1.80% |
| Prestige Estates Projects Ltd. | Construction | 1.92% | ₹48.25 Cr | +2.12% | +2.03% | +2.82% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.85% | ₹46.50 Cr | +0.96% | +0.81% | — |
| The Indian Hotels Company Ltd. | Services | 1.81% | ₹45.49 Cr | +1.63% | +1.56% | +2.02% |
| Eternal Ltd. | Services | 1.79% | ₹45.03 Cr | +1.48% | +1.72% | +1.74% |
| Solar Industries India Ltd. | Chemicals | 1.74% | ₹43.80 Cr | +1.83% | +1.49% | +1.51% |
| Cummins India Ltd. | Capital Goods | 1.73% | ₹43.65 Cr | +2.38% | +2.44% | +2.40% |
| One 97 Communications Ltd. | Services | 1.69% | ₹42.66 Cr | +0.43% | +0.42% | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.68% | ₹42.22 Cr | +2.15% | +1.87% | +2.09% |
| Kei Industries Ltd. | Capital Goods | 1.66% | ₹41.85 Cr | +2.15% | +1.73% | +1.52% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.56% | ₹39.38 Cr | +1.24% | +1.62% | +1.39% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 1.56% | ₹39.29 Cr | +1.30% | +1.18% | +0.50% |
| UNO Minda Ltd. | Automobile | 1.53% | ₹38.59 Cr | +1.54% | +1.94% | +2.42% |
| JK Cement Ltd. | Materials | 1.51% | ₹38.16 Cr | +1.44% | +1.60% | +1.86% |
| FSN E-Commerce Ventures Ltd. | Services | 1.48% | ₹37.31 Cr | +1.24% | +0.64% | — |
| Coromandel International Ltd. | Chemicals | 1.42% | ₹35.85 Cr | +1.76% | +1.67% | +1.95% |
| Navin Fluorine International Ltd. | Chemicals | 1.41% | ₹35.40 Cr | +1.40% | +1.10% | +0.82% |
| Radico Khaitan Ltd. | Consumer Staples | 1.38% | ₹34.65 Cr | +0.69% | — | — |
| The Phoenix Mills Ltd. | Construction | 1.37% | ₹34.50 Cr | +1.38% | +1.19% | — |
| TVS Motor Company Ltd. | Automobile | 1.36% | ₹34.25 Cr | +1.24% | +1.52% | +1.54% |
| PB Fintech Ltd. | Services | 1.25% | ₹31.47 Cr | +2.03% | +2.18% | +2.54% |
| Coforge Ltd. | Technology | 1.24% | ₹31.12 Cr | +0.76% | +0.79% | +1.50% |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.24% | ₹31.29 Cr | — | +0.30% | +0.70% |
| BSE Ltd. | Services | 1.23% | ₹30.99 Cr | +2.11% | +1.90% | +1.32% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 1.21% | ₹30.46 Cr | +1.43% | +1.04% | +1.05% |
| Schaeffler India Ltd. | Capital Goods | 1.19% | ₹29.93 Cr | +1.38% | +1.40% | +1.43% |
| Ashok Leyland Ltd. | Automobile | 1.17% | ₹29.36 Cr | +0.58% | — | — |
| Trent Ltd. | Services | 1.15% | ₹28.93 Cr | +1.56% | +1.36% | +2.27% |
| Bharti Hexacom Ltd. | Communication | 1.13% | ₹28.58 Cr | +1.17% | +1.51% | +1.51% |
| Piramal Finance Ltd. | Financial | 1.13% | ₹28.54 Cr | — | — | — |
| Syrma SGS Technology Ltd. | Capital Goods | 1.09% | ₹27.40 Cr | +0.92% | +0.65% | +0.70% |
| Meesho Ltd. | Services | 1.06% | ₹26.81 Cr | +0.55% | +0.25% | — |
| Swiggy Ltd. | Services | 1.03% | ₹26.02 Cr | +1.19% | +1.61% | +1.73% |
| Torrent Power Ltd. | Energy | 1.00% | ₹25.15 Cr | +1.23% | +1.27% | +1.15% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.98% | ₹24.70 Cr | +1.17% | +1.10% | +1.13% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.97% | ₹24.50 Cr | +1.15% | +1.38% | +1.48% |
| ICICI Bank Ltd. | Financial | 0.96% | ₹24.28 Cr | +0.93% | +0.91% | +0.77% |
| TD Power Systems Ltd. | Capital Goods | 0.95% | ₹23.97 Cr | +0.56% | — | — |
| Shaily Engineering Plastics Ltd. | Materials | 0.92% | ₹23.18 Cr | +0.94% | +0.86% | — |
| Sterlite Technologies Ltd. | Communication | 0.91% | ₹22.80 Cr | +0.66% | — | — |
| Anthem Biosciences Ltd. | Healthcare | 0.89% | ₹22.44 Cr | +0.73% | +0.69% | +0.78% |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.89% | ₹22.51 Cr | +0.88% | +1.08% | +2.65% |
| Max Financial Services Ltd. | Financial | 0.89% | ₹22.32 Cr | +1.07% | +1.28% | +1.06% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.86% | ₹21.73 Cr | +1.26% | +1.02% | — |
| Indian Bank | Financial | 0.79% | ₹20.01 Cr | +1.58% | +2.25% | +1.58% |
| Samvardhana Motherson International Ltd. | Automobile | 0.71% | ₹17.92 Cr | +0.70% | +0.64% | +0.89% |
| SS Retail Ltd. | Services | 0.70% | ₹17.54 Cr | — | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 0.69% | ₹17.47 Cr | +1.28% | +1.36% | +1.78% |
| United Spirits Ltd. | Consumer Staples | 0.68% | ₹17.03 Cr | +0.41% | +0.58% | — |
| Welspun Corp Ltd. | Metals & Mining | 0.65% | ₹16.31 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 0.60% | ₹15.00 Cr | +0.65% | — | +0.45% |
| Manipal Health Enterprises Ltd. | Healthcare | 0.60% | ₹15.01 Cr | — | — | — |
| Global Health Ltd. | Healthcare | 0.59% | ₹14.74 Cr | — | — | — |
| Supreme Industries Ltd. | Materials | 0.58% | ₹14.58 Cr | +0.67% | +1.06% | +1.12% |
| Neuland Laboratories Ltd. | Healthcare | 0.55% | ₹13.83 Cr | +0.57% | +0.44% | +0.53% |
| Ajanta Pharma Ltd. | Healthcare | 0.54% | ₹13.54 Cr | +0.36% | +0.37% | +0.50% |
| Healthcare Global Enterprises Ltd. | Healthcare | 0.53% | ₹13.43 Cr | +0.58% | +0.61% | +0.70% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.52% | ₹13.01 Cr | +0.18% | +0.49% | +0.67% |
| OnEMI Technology Solutions Ltd. | Financial | 0.52% | ₹13.16 Cr | +0.43% | — | — |
| Viyash Scientific Limited | Healthcare | 0.51% | ₹12.73 Cr | — | — | — |
| 3M India Ltd. | Consumer Staples | 0.49% | ₹12.47 Cr | +0.55% | +0.63% | +0.67% |
| Kaynes Technology India Ltd. | Capital Goods | 0.48% | ₹12.06 Cr | +0.62% | +1.34% | +2.79% |
| Ujjivan Small Finance Bank Ltd. | Financial | 0.47% | ₹11.76 Cr | +0.44% | +0.48% | — |
| Astral Ltd. | Materials | 0.44% | ₹11.01 Cr | +0.56% | +0.95% | +0.38% |
| Aster DM Quality Care Ltd. | Healthcare | 0.40% | ₹10.04 Cr | +0.43% | +0.37% | — |
| 360 One Wam Ltd. | Financial | 0.39% | ₹9.73 Cr | +0.35% | +0.39% | +0.42% |
| INDO-MIM Ltd. | Capital Goods | 0.39% | ₹9.78 Cr | — | — | — |
| Dhoot Transmission Ltd. | Capital Goods | 0.34% | ₹8.55 Cr | — | — | — |
| Graphite India Ltd. | Capital Goods | 0.28% | ₹7.06 Cr | — | — | — |
| Gabriel India Ltd. | Automobile | 0.20% | ₹4.98 Cr | — | — | — |
| Abbott India Ltd. | Healthcare | 0.15% | ₹3.74 Cr | +0.63% | +0.96% | +0.85% |
| Sai Parenteral’s Ltd. | Healthcare | 0.11% | ₹2.76 Cr | — | — | — |
| SBI Funds Management Ltd. | Financial | 0.09% | ₹2.33 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PB Fintech Ltd. | 2.15% | 1.25% | -0.90% |
| Aditya Infotech Ltd. | 1.53% | 2.32% | +0.79% |
| SS Retail Ltd. | 0.00% | 0.70% | +0.70% |
| Lenskart Solutions Ltd. | 1.42% | 1.85% | +0.43% |
| Kei Industries Ltd. | 2.09% | 1.66% | -0.43% |
| Max Healthcare Institute Ltd. | 1.06% | 0.69% | -0.37% |
| Shiprocket Ltd. | 0.35% | 0.00% | -0.35% |
| The Federal Bank Ltd. | 3.32% | 3.02% | -0.30% |
| L&T Finance Ltd. | 2.23% | 1.94% | -0.29% |
| Piramal Finance Ltd. | 0.84% | 1.13% | +0.29% |
| Graphite India Ltd. | 0.00% | 0.28% | +0.28% |
| United Spirits Ltd. | 0.43% | 0.68% | +0.25% |
| Welspun Corp Ltd. | 0.40% | 0.65% | +0.25% |
| JK Cement Ltd. | 1.27% | 1.51% | +0.24% |
| Syrma SGS Technology Ltd. | 0.86% | 1.09% | +0.23% |
| Billionbrains Garage Ventures Ltd. | 1.08% | 0.86% | -0.22% |
| Meesho Ltd. | 0.84% | 1.06% | +0.22% |
| Cummins India Ltd. | 1.94% | 1.73% | -0.21% |
| Sterlite Technologies Ltd. | 0.71% | 0.91% | +0.20% |
| Suzlon Energy Ltd. | 0.20% | 0.00% | -0.20% |
| Radico Khaitan Ltd. | 1.18% | 1.38% | +0.20% |
| INDO-MIM Ltd. | 0.20% | 0.39% | +0.19% |
| Fortis Healthcare Ltd. | 2.44% | 2.27% | -0.17% |
| Indian Bank | 0.95% | 0.79% | -0.16% |
| Vishal Mega Mart Ltd. | 2.19% | 2.04% | -0.15% |
| Prestige Estates Projects Ltd. | 2.06% | 1.92% | -0.14% |
| Sai Life Sciences Ltd. | 1.96% | 2.10% | +0.14% |
| Coforge Ltd. | 1.37% | 1.24% | -0.13% |
| ICICI Bank Ltd. | 1.09% | 0.96% | -0.13% |
| TD Power Systems Ltd. | 0.82% | 0.95% | +0.13% |
| Cholamandalam Investment and Finance Company Ltd. | 1.10% | 0.98% | -0.12% |
| The Indian Hotels Company Ltd. | 1.69% | 1.81% | +0.12% |
| One 97 Communications Ltd. | 1.57% | 1.69% | +0.12% |
| Abbott India Ltd. | 0.26% | 0.15% | -0.11% |
| Swiggy Ltd. | 1.14% | 1.03% | -0.11% |
| Sona BLW Precision Forgings Ltd. | 1.14% | 1.24% | +0.10% |
| OnEMI Technology Solutions Ltd. | 0.42% | 0.52% | +0.10% |
| Dixon Technologies (India) Ltd. | 0.99% | 0.89% | -0.10% |
| Max Financial Services Ltd. | 0.99% | 0.89% | -0.10% |
| UNO Minda Ltd. | 1.63% | 1.53% | -0.10% |
| GE Vernova T&D India Ltd | 3.28% | 3.18% | -0.10% |
| Coromandel International Ltd. | 1.51% | 1.42% | -0.09% |
| FSN E-Commerce Ventures Ltd. | 1.39% | 1.48% | +0.09% |
| Ajanta Pharma Ltd. | 0.45% | 0.54% | +0.09% |
| K.P.R. Mill Ltd. | 0.09% | 0.00% | -0.09% |
| Kusumgar Ltd. | 0.09% | 0.00% | -0.09% |
| Anthem Biosciences Ltd. | 0.80% | 0.89% | +0.09% |
| Trent Ltd. | 1.23% | 1.15% | -0.08% |
| Healthcare Global Enterprises Ltd. | 0.61% | 0.53% | -0.08% |
| Bharti Hexacom Ltd. | 1.20% | 1.13% | -0.07% |
| CG Power and Industrial Solutions Ltd. | 1.75% | 1.68% | -0.07% |
| Persistent Systems Ltd. | 2.21% | 2.14% | -0.07% |
| BSE Ltd. | 1.29% | 1.23% | -0.06% |
| The Phoenix Mills Ltd. | 1.31% | 1.37% | +0.06% |
| Amber Enterprises India Ltd. | 0.58% | 0.52% | -0.06% |
| Glenmark Pharmaceuticals Ltd. | 1.51% | 1.56% | +0.05% |
| Torrent Power Ltd. | 0.95% | 1.00% | +0.05% |
| Sai Parenteral’s Ltd. | 0.06% | 0.11% | +0.05% |
| Viyash Scientific Limited | 0.55% | 0.51% | -0.04% |
| Shaily Engineering Plastics Ltd. | 0.96% | 0.92% | -0.04% |
| TVS Motor Company Ltd. | 1.40% | 1.36% | -0.04% |
| Aster DM Quality Care Ltd. | 0.37% | 0.40% | +0.03% |
| Bharat Forge Ltd. | 0.63% | 0.60% | -0.03% |
| ICICI Lombard General Insurance Company Ltd. | 0.94% | 0.97% | +0.03% |
| Manipal Health Enterprises Ltd. | 0.63% | 0.60% | -0.03% |
| Astral Ltd. | 0.47% | 0.44% | -0.03% |
| Neuland Laboratories Ltd. | 0.58% | 0.55% | -0.03% |
| Apar Industries Ltd. | 3.97% | 3.99% | +0.02% |
| Ashok Leyland Ltd. | 1.19% | 1.17% | -0.02% |
| Krishna Institute of Medical Sciences Ltd | 1.19% | 1.21% | +0.02% |
| Samvardhana Motherson International Ltd. | 0.73% | 0.71% | -0.02% |
| Multi Commodity Exchange Of India Ltd. | 2.04% | 2.03% | -0.01% |
| 360 One Wam Ltd. | 0.38% | 0.39% | +0.01% |
| 3M India Ltd. | 0.50% | 0.49% | -0.01% |
| APL Apollo Tubes Ltd. | 1.55% | 1.56% | +0.01% |
| Dhoot Transmission Ltd. | 0.33% | 0.34% | +0.01% |
| Kaynes Technology India Ltd. | 0.49% | 0.48% | -0.01% |
| Navin Fluorine International Ltd. | 1.42% | 1.41% | -0.01% |
| SBI Funds Management Ltd. | 0.10% | 0.09% | -0.01% |
| Solar Industries India Ltd. | 1.73% | 1.74% | +0.01% |
| Gabriel India Ltd. | 0.21% | 0.20% | -0.01% |
| Eternal Ltd. | 1.79% | 1.79% | 0.00% |
| Global Health Ltd. | 0.59% | 0.59% | 0.00% |
| Ipca Laboratories Ltd. | 2.66% | 2.66% | 0.00% |
| Others | 0.08% | 0.08% | 0.00% |
| Schaeffler India Ltd. | 1.19% | 1.19% | 0.00% |
| Supreme Industries Ltd. | 0.58% | 0.58% | 0.00% |
| Ujjivan Small Finance Bank Ltd. | 0.47% | 0.47% | 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 | ₹13,591 Cr | 1.99% | 9.0% | 12.0% | 17.5% |
| ₹19,230 Cr | 1.87% | 3.2% | 8.7% | 15.9% | |
| ₹16,800 Cr | 2.15% | 15.2% | 14.1% | 19.0% | |
| ₹15,832 Cr | 1.85% | 12.4% | 14.1% | 19.3% | |
| ₹8,400 Cr | 2.25% | 11.2% | 12.7% | — | |
| ₹7,695 Cr | 1.83% | 2.9% | 10.3% | 15.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment.
Fund managers
- Harshal JoshiMr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, MumbaiPrior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
- Ritu ModiMs. Modi has done B.com and MMS(Finance).Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), she has worked with IIFL Mutual Fund, LIC Mutual Fund, she has worked with Ambit Capital as Research Analyst.
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 months5.88% absolute | ₹60,000 | ₹63,528 | 5.88% | |
| 1 year7.08% annualised | ₹1,20,000 | ₹1,24,703 | 3.92% | |
| 3 years15.85% annualised | ₹3,60,000 | ₹4,63,188 | 28.66% |
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.