Bandhan Balanced Advantage Fund
The scheme seeks to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives.
Growthvine rating: 2/5 — ranked #20 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹24.67 (as of 2026-10-01) |
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| AUM | ₹2,260 Cr |
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| Expense ratio | 1.73% |
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| Riskometer | Moderately High |
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| Fund manager | Manish Gunwani |
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| Exit load | 0.5% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 6.42% |
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| Sharpe ratio | 0.43 |
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| Standard deviation | 8.22% |
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| Max drawdown | −25.97% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 98.3% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 90.4% of its downside.
Market cap allocation
| Large cap | 68.6% |
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| Mid cap | 18.7% |
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| Small cap | 12.7% |
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Concentration
| Top 5 holdings | 18.5% |
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| Top 10 holdings | 28.4% |
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| Total holdings | 144 |
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Top holdings
- Net Receivable / Payable — 11.6%
- ICICI Bank Ltd. — 4.3%
- Axis Bank Limited — 4.2%
- Reliance Industries Ltd — 3.9%
- Bharti Airtel Ltd. — 3.6%
- Bajaj Finance Limited — 3.6%
- HDFC Bank Ltd. — 3.1%
- Triparty Repo TRP_010926 — 3.1%
- Larsen & Toubro Limited — 2.2%
- 7.53% Bajaj Housing Finance Limited — 2.2%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −1.1% | Q1 (Top) | #5 of 35 |
| 2025 | 5.1% | Q3 | #21 of 34 |
| 2024 | 14.6% | Q2 | #9 of 30 |
| 2023 | 14.9% | Q4 (Bottom) | #24 of 26 |
| 2022 | −1.8% | Q4 (Bottom) | #20 of 21 |