Bandhan Value Fund
Value & ContraVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹143.83+0.16%1 day
- Return since launch
- 15.7%
- 52-week range
- ₹132.26 — ₹154.02
- AUM
- ₹9,981 Cr
Bandhan Value Fund is a Value & Contra equity fund from Bandhan Mutual Fund with ₹9,981 Cr under management, launched in 2008. Over three years it has returned 1.9% a year, against 11.9% for its category. The expense ratio is 2.02% and the SEBI riskometer reading is Very High.
Performance
Bandhan Value Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.8% against +0.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.3% | −5.7 pts | 2.4% | -1.9% |
| 2Y | -1.0% | −2.4 pts | 1.4% | 0.4% |
| 3Y | 1.9% | −10.0 pts | 11.9% | 3.5% |
| 5Y | 9.0% | −2.5 pts | 11.5% | 10.1% |
| 7Y | 15.5% | +0.7 pts | 14.8% | 13.8% |
| 10Y | 14.3% | +1.4 pts | 12.9% | 12.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.2% | 0.0 pts | -3.2% | -3.1% |
| 3M | -1.6% | −0.8 pts | -0.8% | -1.1% |
| 6M | 6.5% | −2.3 pts | 8.7% | 7.7% |
| 1Y | -0.8% | −3.2 pts | 2.4% | 0.6% |
| 2Y | -5.1% | −2.1 pts | -3.0% | -3.5% |
| 3Y | 8.9% | −3.0 pts | 11.9% | 10.9% |
| 5Y | 11.3% | −0.2 pts | 11.5% | 10.8% |
| 7Y | 17.3% | +1.4 pts | 15.9% | 14.9% |
| 10Y | 13.9% | +1.0 pts | 12.9% | 12.0% |
Since launch (9 Jan 2008): 15.7%
Calendar-year returns
Category average15.2%
64.5%
3.2%
32.6%
17.9%
5.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.0% | −0.7 pts | 5.8% |
| 2024 | 17.9% | −4.3 pts | 22.2% |
| 2023 | 32.6% | −2.7 pts | 35.3% |
| 2022 | 3.2% | −4.3 pts | 7.5% |
| 2021 | 64.5% | +26.9 pts | 37.6% |
| 2020 | 15.2% | −1.9 pts | 17.1% |
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
2.02%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.51%
- Brokerage
- 0.08%
- Transaction charges
- 0.01%
- 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 | -1.17 | 5.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.91 | 0.98 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.36 | 0.77 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.47 | 1.08 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.08 | 16.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bandhan Value Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity93.4%
- Debt0.5%
- Other6.1%
Market cap split
- Large64.0%
- Mid19.2%
- Small16.8%
- P/E
- 20.93
- P/B
- 2.65
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 7.81% | ₹780 Cr | +7.58% | +7.53% | +7.93% |
| Reliance Industries Ltd. | Energy | 6.40% | ₹639 Cr | +6.72% | +6.87% | +6.90% |
| Kotak Mahindra Bank Ltd. | Financial | 6.30% | ₹629 Cr | +5.08% | +4.71% | +4.08% |
| Others | Others | 6.10% | ₹609 Cr | +1.86% | +4.88% | +2.95% |
| ICICI Bank Ltd. | Financial | 4.37% | ₹436 Cr | +3.45% | +4.08% | +3.41% |
| Tata Consultancy Services Ltd. | Technology | 4.09% | ₹408 Cr | +0.41% | +3.12% | +0.28% |
| Axis Bank Ltd. | Financial | 3.52% | ₹351 Cr | +3.27% | +2.73% | +3.19% |
| Infosys Ltd. | Technology | 3.52% | ₹351 Cr | +0.48% | +1.92% | +0.30% |
| Maruti Suzuki India Ltd. | Automobile | 2.46% | ₹245 Cr | +2.42% | +2.20% | +2.10% |
| Larsen & Toubro Ltd. | Construction | 2.23% | ₹222 Cr | +2.49% | +1.69% | +1.10% |
| Bharti Airtel Ltd. | Communication | 2.18% | ₹217 Cr | +2.23% | — | — |
| ITC Ltd. | Consumer Staples | 2.18% | ₹217 Cr | +1.61% | +1.39% | +2.08% |
| Oil And Natural Gas Corporation Ltd. | Energy | 2.09% | ₹209 Cr | +2.30% | +2.86% | +1.18% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.06% | ₹205 Cr | +1.82% | +2.12% | +2.04% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 2.06% | ₹205 Cr | +1.78% | +2.07% | +1.65% |
| Jindal Steel Ltd. | Metals & Mining | 1.91% | ₹191 Cr | +2.09% | +2.45% | +1.92% |
| IDFC First Bank Ltd. | Financial | 1.89% | ₹189 Cr | +1.67% | +1.48% | +1.35% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.88% | ₹188 Cr | +1.87% | +1.92% | +1.87% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.85% | ₹185 Cr | +2.12% | +1.39% | +1.28% |
| Aurobindo Pharma Ltd. | Healthcare | 1.72% | ₹172 Cr | +1.31% | +1.59% | +1.35% |
| V-Mart Retail Ltd. | Services | 1.69% | ₹169 Cr | +1.35% | +1.09% | +1.50% |
| Poonawalla Fincorp Ltd. | Financial | 1.67% | ₹167 Cr | +1.64% | +1.70% | +1.58% |
| Sterlite Technologies Ltd. | Communication | 1.61% | ₹160 Cr | +2.89% | +0.99% | +0.72% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.48% | ₹148 Cr | — | — | — |
| Bajaj Finserv Ltd. | Financial | 1.42% | ₹141 Cr | +1.27% | — | — |
| United Spirits Ltd. | Consumer Staples | 1.33% | ₹132 Cr | +1.55% | +1.63% | +1.47% |
| Cipla Ltd. | Healthcare | 1.27% | ₹127 Cr | +1.28% | +0.13% | — |
| Hero Motocorp Ltd. | Automobile | 1.23% | ₹123 Cr | +1.12% | +1.27% | +2.46% |
| company:5765 | Insurance | 1.21% | ₹121 Cr | — | — | — |
| Avenue Supermarts Ltd. | Services | 1.17% | ₹117 Cr | +0.83% | +0.61% | — |
| AWL Agri Business Ltd. | Consumer Staples | 1.10% | ₹110 Cr | +0.92% | +0.75% | +0.64% |
| NTPC Ltd. | Energy | 0.98% | ₹98.22 Cr | +1.18% | +1.88% | +2.08% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.95% | ₹94.36 Cr | +1.06% | +1.02% | +0.91% |
| Info Edge (India) Ltd. | Services | 0.92% | ₹91.91 Cr | +0.76% | +0.41% | +0.55% |
| Emami Ltd. | Consumer Staples | 0.91% | ₹91.00 Cr | +0.93% | +1.00% | +0.73% |
| The Ramco Cements Ltd. | Materials | 0.88% | ₹87.96 Cr | +0.86% | +1.00% | +0.93% |
| United Breweries Ltd. | Consumer Staples | 0.87% | ₹86.36 Cr | +0.86% | +1.11% | +0.98% |
| MAS Financial Services Ltd. | Financial | 0.76% | ₹76.14 Cr | +0.79% | +0.80% | +0.79% |
| Engineers India Ltd. | Construction | 0.71% | ₹70.70 Cr | +0.64% | — | — |
| Dalmia Bharat Ltd. | Materials | 0.70% | ₹69.61 Cr | +0.36% | +0.39% | +0.49% |
| Petronet LNG Ltd. | Energy | 0.69% | ₹69.14 Cr | — | — | — |
| Bayer CropScience Ltd. | Chemicals | 0.68% | ₹67.51 Cr | +0.77% | +0.74% | +0.53% |
| VRL Logistics Ltd. | Services | 0.65% | ₹65.35 Cr | +0.52% | +0.60% | +0.89% |
| Bosch Ltd. | Automobile | 0.60% | ₹60.00 Cr | +0.86% | +1.80% | +2.11% |
| Jubilant FoodWorks Ltd. | Services | 0.60% | ₹59.52 Cr | +0.44% | +0.29% | — |
| Sobha Ltd. | Construction | 0.59% | ₹58.45 Cr | +0.72% | +0.80% | +0.83% |
| Finolex Industries Ltd. | Materials | 0.58% | ₹58.36 Cr | +0.70% | +0.64% | — |
| Dabur India Ltd. | Consumer Staples | 0.53% | ₹53.34 Cr | — | — | — |
| Exide Industries Ltd. | Capital Goods | 0.53% | ₹52.83 Cr | +0.87% | +0.56% | — |
| GAIL (India) Ltd. | Energy | 0.53% | ₹53.25 Cr | +0.50% | +0.53% | — |
| Greenpanel Industries Ltd. | Materials | 0.49% | ₹48.54 Cr | +0.59% | +0.62% | +0.83% |
| Reserve Bank of India | Financial | 0.49% | ₹48.83 Cr | +0.49% | — | — |
| Styrenix Performance Materials Ltd. | Chemicals | 0.47% | ₹47.05 Cr | +0.55% | +0.32% | — |
| KEC International Ltd. | Capital Goods | 0.46% | ₹45.82 Cr | +0.56% | +0.63% | +0.90% |
| Aptus Value Housing Finance India Ltd. | Financial | 0.42% | ₹42.30 Cr | +0.64% | +0.58% | — |
| Syngene International Ltd. | Healthcare | 0.40% | ₹40.08 Cr | +0.33% | +0.21% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.39% | ₹39.16 Cr | +0.25% | — | — |
| Maharashtra Seamless Ltd. | Metals & Mining | 0.38% | ₹38.13 Cr | +0.32% | +0.04% | — |
| Graphite India Ltd. | Capital Goods | 0.28% | ₹28.08 Cr | +0.03% | — | — |
| Deepak Nitrite Ltd. | Chemicals | 0.26% | ₹26.24 Cr | +0.30% | +0.27% | +0.32% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.22% | ₹22.13 Cr | +0.21% | +0.39% | — |
| company:3077 | Chemicals | 0.16% | ₹15.93 Cr | — | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.12% | ₹11.66 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5765 | 0.00% | 1.21% | +1.21% |
| Titan Company Ltd. | 0.97% | 0.00% | -0.97% |
| State Bank of India | 0.72% | 0.00% | -0.72% |
| Kotak Mahindra Bank Ltd. | 5.82% | 6.30% | +0.48% |
| Axis Bank Ltd. | 3.06% | 3.52% | +0.46% |
| Exide Industries Ltd. | 0.90% | 0.53% | -0.37% |
| DLF Ltd. | 0.33% | 0.00% | -0.33% |
| Info Edge (India) Ltd. | 1.22% | 0.92% | -0.30% |
| Hindustan Unilever Ltd. | 1.25% | 1.48% | +0.23% |
| ITC Ltd. | 1.96% | 2.18% | +0.22% |
| Others | 0.36% | 0.15% | -0.21% |
| HDFC Life Insurance Co Ltd. | 1.86% | 2.06% | +0.20% |
| Bajaj Finserv Ltd. | 1.61% | 1.42% | -0.19% |
| Bosch Ltd. | 0.78% | 0.60% | -0.18% |
| United Spirits Ltd. | 1.51% | 1.33% | -0.18% |
| CG Power and Industrial Solutions Ltd. | 0.17% | 0.00% | -0.17% |
| Bharti Airtel Ltd. | 2.35% | 2.18% | -0.17% |
| company:3077 | 0.00% | 0.16% | +0.16% |
| Jindal Steel Ltd. | 1.75% | 1.91% | +0.16% |
| Aurobindo Pharma Ltd. | 1.57% | 1.72% | +0.15% |
| V-Mart Retail Ltd. | 1.54% | 1.69% | +0.15% |
| Swiggy Ltd. | 0.14% | 0.00% | -0.14% |
| Mahindra & Mahindra Financial Services Ltd. | 2.19% | 2.06% | -0.13% |
| Jubilant FoodWorks Ltd. | 0.48% | 0.60% | +0.12% |
| Engineers India Ltd. | 0.60% | 0.71% | +0.11% |
| Greenpanel Industries Ltd. | 0.60% | 0.49% | -0.11% |
| Styrenix Performance Materials Ltd. | 0.58% | 0.47% | -0.11% |
| Sterlite Technologies Ltd. | 1.72% | 1.61% | -0.11% |
| Reliance Industries Ltd. | 6.51% | 6.40% | -0.11% |
| Maruti Suzuki India Ltd. | 2.56% | 2.46% | -0.10% |
| Syngene International Ltd. | 0.30% | 0.40% | +0.10% |
| GAIL (India) Ltd. | 0.63% | 0.53% | -0.10% |
| ICICI Bank Ltd. | 4.28% | 4.37% | +0.09% |
| Tata Consultancy Services Ltd. | 4.00% | 4.09% | +0.09% |
| HDFC Bank Ltd. | 7.89% | 7.81% | -0.08% |
| Oil And Natural Gas Corporation Ltd. | 2.17% | 2.09% | -0.08% |
| Whirlpool Of India Ltd. | 0.04% | 0.12% | +0.08% |
| VRL Logistics Ltd. | 0.58% | 0.65% | +0.07% |
| Larsen & Toubro Ltd. | 2.16% | 2.23% | +0.07% |
| Crompton Greaves Consumer Electricals Ltd. | 1.01% | 0.95% | -0.06% |
| ICICI Lombard General Insurance Company Ltd. | 1.94% | 1.88% | -0.06% |
| NTPC Ltd. | 1.04% | 0.98% | -0.06% |
| United Breweries Ltd. | 0.93% | 0.87% | -0.06% |
| Maharashtra Seamless Ltd. | 0.32% | 0.38% | +0.06% |
| Cipla Ltd. | 1.32% | 1.27% | -0.05% |
| Sobha Ltd. | 0.64% | 0.59% | -0.05% |
| Vedanta Power Ltd | 0.05% | 0.00% | -0.05% |
| KEC International Ltd. | 0.51% | 0.46% | -0.05% |
| Petronet LNG Ltd. | 0.64% | 0.69% | +0.05% |
| Graphite India Ltd. | 0.24% | 0.28% | +0.04% |
| MAS Financial Services Ltd. | 0.80% | 0.76% | -0.04% |
| Poonawalla Fincorp Ltd. | 1.71% | 1.67% | -0.04% |
| Bayer CropScience Ltd. | 0.72% | 0.68% | -0.04% |
| IDFC First Bank Ltd. | 1.85% | 1.89% | +0.04% |
| AWL Agri Business Ltd. | 1.07% | 1.10% | +0.03% |
| Dabur India Ltd. | 0.56% | 0.53% | -0.03% |
| The Ramco Cements Ltd. | 0.91% | 0.88% | -0.03% |
| Dalmia Bharat Ltd. | 0.67% | 0.70% | +0.03% |
| Infosys Ltd. | 3.49% | 3.52% | +0.03% |
| Aptus Value Housing Finance India Ltd. | 0.44% | 0.42% | -0.02% |
| Dr. Reddy's Laboratories Ltd. | 1.83% | 1.85% | +0.02% |
| Finolex Industries Ltd. | 0.60% | 0.58% | -0.02% |
| Hero Motocorp Ltd. | 1.21% | 1.23% | +0.02% |
| Bharat Heavy Electricals Ltd. | 0.20% | 0.22% | +0.02% |
| Vedanta Aluminium Metal Ltd. | 0.41% | 0.39% | -0.02% |
| Deepak Nitrite Ltd. | 0.25% | 0.26% | +0.01% |
| Reserve Bank of India | 0.48% | 0.49% | +0.01% |
| Avenue Supermarts Ltd. | 1.17% | 1.17% | 0.00% |
| Emami Ltd. | 0.91% | 0.91% | 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 | ₹2,929 Cr | 2.46% | 11.0% | 10.1% | 14.3% |
 HDFC Value Fund | ₹8,266 Cr | 1.88% | 5.5% | 8.3% | 13.2% |
 DSP Value Fund | ₹2,220 Cr | 2.40% | 1.4% | 8.9% | 13.1% |
 Quant Value Fund | ₹1,978 Cr | 2.46% | 12.0% | 9.2% | — |
 Axis Value Fund | ₹1,880 Cr | 2.27% | 7.8% | 9.6% | 15.4% |
 LIC MF Value Fund | ₹302 Cr | 3.30% | 28.5% | 14.7% | 15.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following a value investment strategy.
Fund managers
- Daylynn Gerard Paul PintoMr. Pinto is a B.Com (H) and PGDM.Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.
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 months6.48% absolute | ₹60,000 | ₹63,888 | 6.48% | |
| 1 year−0.79% annualised | ₹1,20,000 | ₹1,19,488 | −0.43% | |
| 3 years8.92% annualised | ₹3,60,000 | ₹4,14,084 | 15.02% | |
| 5 years11.29% annualised | ₹6,00,000 | ₹8,08,886 | 34.81% |
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 Value Fund?
The NAV of Bandhan Value Fund is ₹143.83 as on 25 Sep 2026.
What is the expense ratio of Bandhan Value Fund?
The expense ratio of Bandhan Value Fund is 2.02% per year.
What is the minimum SIP amount for Bandhan Value Fund?
You can start a SIP in Bandhan Value Fund with ₹3,000 a month.
What returns has Bandhan Value Fund given?
Bandhan Value Fund has returned -3.3% over 1 year, 1.9% over 3 years and 9.0% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan Value 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 Value Fund?
Bandhan Value Fund is rated Very High on the SEBI riskometer and belongs to the Value & Contra category.
Which fund house manages Bandhan Value Fund?
Bandhan Value Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,06,009 Cr under management.