Bandhan Value Fund
Value & ContraVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹150.93+0.18%1 day
- Return since launch
- 15.9%
- 52-week range
- ₹132.26 — ₹154.02
- AUM
- ₹9,507 Cr
Bandhan Value Fund is a Value & Contra equity fund from Bandhan Mutual Fund with ₹9,507 Cr under management, launched in 2008. Over three years it has returned 4.3% a year, against 12.3% for its category. The expense ratio is 1.99% 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 +0.6% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +4.9 pts | 1.1% | 3.2% |
| 2Y | 3.9% | 0.0 pts | 3.9% | 3.1% |
| 3Y | 4.3% | −8.1 pts | 12.3% | 4.3% |
| 5Y | 10.0% | −1.3 pts | 11.3% | 10.4% |
| 7Y | 16.0% | +1.2 pts | 14.8% | 13.8% |
| 10Y | 14.8% | +1.5 pts | 13.2% | 13.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.9% | +1.0 pts | 5.9% | 6.3% |
| 3M | 0.6% | +1.8 pts | -1.1% | -1.5% |
| 6M | 4.0% | +1.4 pts | 2.6% | 2.1% |
| 1Y | 1.0% | 0.0 pts | 1.1% | -0.2% |
| 2Y | 1.2% | −0.3 pts | 1.5% | 1.1% |
| 3Y | 10.9% | −1.4 pts | 12.3% | 11.7% |
| 5Y | 10.9% | −0.4 pts | 11.3% | 10.6% |
| 7Y | 18.2% | +2.1 pts | 16.1% | 15.0% |
| 10Y | 14.4% | +1.2 pts | 13.2% | 12.3% |
Since launch (9 Jan 2008): 15.9%
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
1.97%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.50%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- 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 | -0.25 | 5.32 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.90 | 0.98 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.31 | 0.64 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.41 | 0.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.18 | 16.67 | 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 30 Sep 2026
Asset allocation
- Equity95.2%
- Debt0.6%
- Other4.3%
Market cap split
- Large64.0%
- Mid19.1%
- Small16.9%
- P/E
- 20.22
- P/B
- 2.51
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 8.27% | ₹787 Cr | +8.15% | +7.44% | +7.84% |
| Kotak Mahindra Bank Ltd. | Financial | 6.58% | ₹626 Cr | +5.11% | +4.69% | +4.11% |
| Reliance Industries Ltd. | Energy | 6.24% | ₹594 Cr | +6.48% | +7.43% | +6.86% |
| Others | Others | 4.31% | ₹410 Cr | +1.83% | +3.82% | +2.92% |
| ICICI Bank Ltd. | Financial | 4.17% | ₹397 Cr | +4.13% | +3.07% | +3.25% |
| Tata Consultancy Services Ltd. | Technology | 3.67% | ₹349 Cr | +3.26% | +3.13% | +0.25% |
| Axis Bank Ltd. | Financial | 3.48% | ₹331 Cr | +3.37% | +2.57% | +3.41% |
| Infosys Ltd. | Technology | 3.24% | ₹308 Cr | +2.71% | +2.07% | +0.29% |
| ITC Ltd. | Consumer Staples | 2.63% | ₹250 Cr | +1.72% | +1.59% | +2.02% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.47% | ₹235 Cr | +1.85% | +1.96% | +1.98% |
| Maruti Suzuki India Ltd. | Automobile | 2.45% | ₹233 Cr | +2.56% | +2.04% | +2.26% |
| Bharti Airtel Ltd. | Communication | 2.31% | ₹220 Cr | +2.23% | +0.99% | — |
| Larsen & Toubro Ltd. | Construction | 2.18% | ₹207 Cr | +2.49% | +1.55% | +1.10% |
| Oil And Natural Gas Corporation Ltd. | Energy | 2.14% | ₹203 Cr | +2.00% | +2.99% | +1.20% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.13% | ₹203 Cr | +1.83% | +1.94% | +1.90% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.08% | ₹197 Cr | +2.17% | +1.53% | +1.23% |
| Jindal Steel Ltd. | Metals & Mining | 1.91% | ₹182 Cr | +1.70% | +2.46% | +2.14% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.88% | ₹179 Cr | +1.83% | +1.80% | +1.77% |
| Poonawalla Fincorp Ltd. | Financial | 1.68% | ₹160 Cr | +1.88% | +1.55% | +1.80% |
| IDFC First Bank Ltd. | Financial | 1.63% | ₹155 Cr | +1.83% | +1.50% | +1.37% |
| Aurobindo Pharma Ltd. | Healthcare | 1.58% | ₹150 Cr | +1.58% | +1.91% | +1.41% |
| Coal India Ltd. | Materials | 1.51% | ₹144 Cr | — | +1.00% | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.48% | ₹141 Cr | — | — | — |
| Sterlite Technologies Ltd. | Communication | 1.39% | ₹132 Cr | +2.46% | +1.17% | +0.71% |
| V-Mart Retail Ltd. | Services | 1.39% | ₹132 Cr | +1.55% | +1.05% | +1.42% |
| Avenue Supermarts Ltd. | Services | 1.30% | ₹124 Cr | +1.32% | +0.88% | — |
| Bajaj Finserv Ltd. | Financial | 1.27% | ₹121 Cr | +1.42% | — | — |
| Cipla Ltd. | Healthcare | 1.27% | ₹121 Cr | +1.32% | +0.95% | — |
| Hero Motocorp Ltd. | Automobile | 1.24% | ₹118 Cr | +1.08% | +1.26% | +2.61% |
| United Spirits Ltd. | Consumer Staples | 1.14% | ₹108 Cr | +1.62% | +1.62% | +1.47% |
| AWL Agri Business Ltd. | Consumer Staples | 1.12% | ₹107 Cr | +0.86% | +0.81% | +0.66% |
| NTPC Ltd. | Energy | 1.02% | ₹96.83 Cr | +1.07% | +2.05% | +2.14% |
| Emami Ltd. | Consumer Staples | 1.00% | ₹94.76 Cr | +0.93% | +1.00% | +0.72% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.90% | ₹85.55 Cr | +1.02% | +0.99% | +0.79% |
| Info Edge (India) Ltd. | Services | 0.90% | ₹85.37 Cr | +0.98% | +0.43% | +0.59% |
| The Ramco Cements Ltd. | Materials | 0.89% | ₹84.56 Cr | +0.91% | +0.99% | +0.87% |
| ICICI Life Insurance Ltd. | Insurance | 0.89% | ₹84.32 Cr | — | — | +0.90% |
| United Breweries Ltd. | Consumer Staples | 0.80% | ₹76.43 Cr | +0.88% | +1.19% | +1.03% |
| MAS Financial Services Ltd. | Financial | 0.74% | ₹70.68 Cr | +0.78% | +0.77% | +0.76% |
| Engineers India Ltd. | Construction | 0.72% | ₹68.11 Cr | +0.65% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.71% | ₹67.86 Cr | — | — | — |
| Petronet LNG Ltd. | Energy | 0.69% | ₹65.44 Cr | +0.34% | — | — |
| Dalmia Bharat Ltd. | Materials | 0.66% | ₹63.14 Cr | +0.53% | +0.69% | — |
| Bayer CropScience Ltd. | Chemicals | 0.66% | ₹62.39 Cr | +0.71% | +0.85% | +0.56% |
| VRL Logistics Ltd. | Services | 0.65% | ₹61.75 Cr | +0.52% | +0.57% | +0.88% |
| Finolex Industries Ltd. | Materials | 0.62% | ₹59.08 Cr | +0.65% | +0.61% | — |
| Sobha Ltd. | Construction | 0.60% | ₹56.85 Cr | +0.69% | +0.76% | +0.88% |
| Jubilant FoodWorks Ltd. | Services | 0.58% | ₹54.80 Cr | +0.46% | +0.43% | — |
| RHI Magnesita India Ltd. | Capital Goods | 0.58% | ₹54.77 Cr | — | — | — |
| Dabur India Ltd. | Consumer Staples | 0.56% | ₹53.21 Cr | — | — | — |
| GAIL (India) Ltd. | Energy | 0.54% | ₹51.17 Cr | +0.61% | +0.69% | — |
| Greenpanel Industries Ltd. | Materials | 0.52% | ₹49.70 Cr | +0.59% | +0.59% | +0.82% |
| Reserve Bank of India | Financial | 0.52% | ₹49.03 Cr | +0.48% | +0.53% | — |
| Styrenix Performance Materials Ltd. | Chemicals | 0.50% | ₹47.36 Cr | +0.54% | +0.45% | — |
| Maharashtra Seamless Ltd. | Metals & Mining | 0.45% | ₹42.41 Cr | +0.31% | +0.19% | — |
| KEC International Ltd. | Capital Goods | 0.44% | ₹41.50 Cr | +0.57% | +0.62% | +0.97% |
| Syngene International Ltd. | Healthcare | 0.42% | ₹40.18 Cr | +0.32% | +0.31% | — |
| Aptus Value Housing Finance India Ltd. | Financial | 0.42% | ₹39.53 Cr | +0.47% | +0.54% | +0.68% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.39% | ₹37.16 Cr | +0.45% | — | — |
| Rallis India Ltd. | Chemicals | 0.32% | ₹29.96 Cr | — | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.28% | ₹26.71 Cr | — | — | — |
| Exide Industries Ltd. | Capital Goods | 0.26% | ₹24.76 Cr | +0.85% | +0.70% | — |
| Deepak Nitrite Ltd. | Chemicals | 0.24% | ₹22.95 Cr | +0.27% | +0.25% | +0.32% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.22% | ₹20.78 Cr | +0.71% | +0.54% | — |
| Graphite India Ltd. | Capital Goods | 0.20% | ₹19.12 Cr | +0.15% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Coal India Ltd. | 0.00% | 1.51% | +1.51% |
| Life Insurance Corporation of India | 1.21% | 0.00% | -1.21% |
| ICICI Life Insurance Ltd. | 0.00% | 0.89% | +0.89% |
| SBI Life Insurance Company Ltd. | 0.00% | 0.71% | +0.71% |
| Bosch Ltd. | 0.60% | 0.00% | -0.60% |
| RHI Magnesita India Ltd. | 0.00% | 0.58% | +0.58% |
| HDFC Bank Ltd. | 7.81% | 8.27% | +0.46% |
| ITC Ltd. | 2.18% | 2.63% | +0.45% |
| Tata Consultancy Services Ltd. | 4.09% | 3.67% | -0.42% |
| HDFC Life Insurance Co Ltd. | 2.06% | 2.47% | +0.41% |
| V-Mart Retail Ltd. | 1.69% | 1.39% | -0.30% |
| Kotak Mahindra Bank Ltd. | 6.30% | 6.58% | +0.28% |
| Infosys Ltd. | 3.52% | 3.24% | -0.28% |
| Exide Industries Ltd. | 0.53% | 0.26% | -0.27% |
| IDFC First Bank Ltd. | 1.89% | 1.63% | -0.26% |
| ICICI Lombard General Insurance Company Ltd. | 1.88% | 2.13% | +0.25% |
| Dr. Reddy's Laboratories Ltd. | 1.85% | 2.08% | +0.23% |
| Sterlite Technologies Ltd. | 1.61% | 1.39% | -0.22% |
| ICICI Bank Ltd. | 4.37% | 4.17% | -0.20% |
| United Spirits Ltd. | 1.33% | 1.14% | -0.19% |
| Mahindra & Mahindra Financial Services Ltd. | 2.06% | 1.88% | -0.18% |
| Whirlpool Of India Ltd. | 0.12% | 0.28% | +0.16% |
| Reliance Industries Ltd. | 6.40% | 6.24% | -0.16% |
| Rallis India Ltd. | 0.16% | 0.32% | +0.16% |
| Bajaj Finserv Ltd. | 1.42% | 1.27% | -0.15% |
| Aurobindo Pharma Ltd. | 1.72% | 1.58% | -0.14% |
| Bharti Airtel Ltd. | 2.18% | 2.31% | +0.13% |
| Avenue Supermarts Ltd. | 1.17% | 1.30% | +0.13% |
| Emami Ltd. | 0.91% | 1.00% | +0.09% |
| Graphite India Ltd. | 0.28% | 0.20% | -0.08% |
| Maharashtra Seamless Ltd. | 0.38% | 0.45% | +0.07% |
| United Breweries Ltd. | 0.87% | 0.80% | -0.07% |
| Larsen & Toubro Ltd. | 2.23% | 2.18% | -0.05% |
| Crompton Greaves Consumer Electricals Ltd. | 0.95% | 0.90% | -0.05% |
| Oil And Natural Gas Corporation Ltd. | 2.09% | 2.14% | +0.05% |
| Finolex Industries Ltd. | 0.58% | 0.62% | +0.04% |
| NTPC Ltd. | 0.98% | 1.02% | +0.04% |
| Axis Bank Ltd. | 3.52% | 3.48% | -0.04% |
| Dalmia Bharat Ltd. | 0.70% | 0.66% | -0.04% |
| Greenpanel Industries Ltd. | 0.49% | 0.52% | +0.03% |
| Dabur India Ltd. | 0.53% | 0.56% | +0.03% |
| Styrenix Performance Materials Ltd. | 0.47% | 0.50% | +0.03% |
| Reserve Bank of India | 0.49% | 0.52% | +0.03% |
| Bayer CropScience Ltd. | 0.68% | 0.66% | -0.02% |
| Jubilant FoodWorks Ltd. | 0.60% | 0.58% | -0.02% |
| KEC International Ltd. | 0.46% | 0.44% | -0.02% |
| Syngene International Ltd. | 0.40% | 0.42% | +0.02% |
| Info Edge (India) Ltd. | 0.92% | 0.90% | -0.02% |
| AWL Agri Business Ltd. | 1.10% | 1.12% | +0.02% |
| Deepak Nitrite Ltd. | 0.26% | 0.24% | -0.02% |
| MAS Financial Services Ltd. | 0.76% | 0.74% | -0.02% |
| Poonawalla Fincorp Ltd. | 1.67% | 1.68% | +0.01% |
| Hero Motocorp Ltd. | 1.23% | 1.24% | +0.01% |
| The Ramco Cements Ltd. | 0.88% | 0.89% | +0.01% |
| GAIL (India) Ltd. | 0.53% | 0.54% | +0.01% |
| Sobha Ltd. | 0.59% | 0.60% | +0.01% |
| Others | 0.15% | 0.16% | +0.01% |
| Engineers India Ltd. | 0.71% | 0.72% | +0.01% |
| Maruti Suzuki India Ltd. | 2.46% | 2.45% | -0.01% |
| Aptus Value Housing Finance India Ltd. | 0.42% | 0.42% | 0.00% |
| Cipla Ltd. | 1.27% | 1.27% | 0.00% |
| Hindustan Unilever Ltd. | 1.48% | 1.48% | 0.00% |
| Petronet LNG Ltd. | 0.69% | 0.69% | 0.00% |
| Bharat Heavy Electricals Ltd. | 0.22% | 0.22% | 0.00% |
| Vedanta Aluminium Metal Ltd. | 0.39% | 0.39% | 0.00% |
| VRL Logistics Ltd. | 0.65% | 0.65% | 0.00% |
| Jindal Steel Ltd. | 1.91% | 1.91% | 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 | ₹2,879 Cr | 2.41% | 12.1% | 10.0% | 14.5% |
 HDFC Value Fund | ₹8,039 Cr | 1.87% | 10.9% | 9.3% | 13.7% |
 DSP Value Fund | ₹2,225 Cr | 2.35% | 9.2% | 10.7% | 14.2% |
 Quant Value Fund | ₹1,917 Cr | 2.31% | 8.0% | 7.3% | — |
 Axis Value Fund | ₹1,877 Cr | 2.20% | 13.0% | 10.5% | 15.8% |
 LIC MF Value Fund | ₹336 Cr | 3.33% | 19.4% | 12.2% | 14.2% |
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 months3.95% absolute | ₹60,000 | ₹62,370 | 3.95% | |
| 1 year1.04% annualised | ₹1,20,000 | ₹1,20,678 | 0.57% | |
| 3 years10.90% annualised | ₹3,60,000 | ₹4,27,432 | 18.73% | |
| 5 years10.95% annualised | ₹6,00,000 | ₹8,01,370 | 33.56% |
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 ₹150.93 as on 9 Nov 2026.
What is the expense ratio of Bandhan Value Fund?
The expense ratio of Bandhan Value Fund is 1.99% 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 5.9% over 1 year, 4.3% over 3 years and 10.0% 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 ₹2,19,896 Cr under management.