Bandhan Flexi Cap Fund
The scheme aims to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. It would invest in small and medium size businesses with good long term potential, which are available at cheap valuations.
Growthvine rating: 3/5 — ranked #21 of 53 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹199.35 (as of 2026-10-01) |
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| AUM | ₹7,508 Cr |
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| Expense ratio | 1.54% |
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| Riskometer | Very High |
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| Fund manager | Manish Gunwani |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 8.30% |
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| Sharpe ratio | 0.44 |
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| Standard deviation | 13.72% |
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| Max drawdown | −45.51% |
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| Alpha | 0.91 |
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| Beta | 0.89 |
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Over 5 years, captured 88.1% of Nifty 500's upside and 88.2% of its downside.
Market cap allocation
| Large cap | 76.0% |
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| Mid cap | 10.5% |
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| Small cap | 13.5% |
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Concentration
| Top 5 holdings | 29.5% |
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| Top 10 holdings | 45.0% |
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| Total holdings | 77 |
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| Index overlap | 42.8% |
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| Active share | 57.2% |
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Top holdings
- HDFC Bank Ltd. — 8.5%
- ICICI Bank Ltd. — 8.0%
- Reliance Industries Ltd — 5.3%
- Triparty Repo TRP_010926 — 4.5%
- AXIS Bank Ltd. — 3.9%
- Kotak Mahindra Bank Ltd. — 3.8%
- Bharti Airtel Ltd. — 3.5%
- Infosys Ltd — 3.5%
- Maruti Suzuki India Ltd. — 2.9%
- ITC Ltd — 2.9%
Top sectors
- Banking & Financial — 24.3%
- Software & Services — 6.7%
- Petroleum Products — 6.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.5% | Q4 (Bottom) | #39 of 50 |
| 2025 | 9.2% | Q1 (Top) | #6 of 43 |
| 2024 | 14.9% | Q4 (Bottom) | #33 of 42 |
| 2023 | 24.5% | Q4 (Bottom) | #28 of 36 |
| 2022 | −1.4% | Q3 | #20 of 30 |