Bandhan Multi Asset Allocation Fund
The Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments.
Growthvine rating: 4/5 — ranked #12 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹14.51 (as of 2026-08-21) |
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| AUM | ₹3,491 Cr |
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| Expense ratio | 1.58% |
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| Riskometer | Very High |
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| Fund manager | Daylynn Gerard Paul Pinto |
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| Exit load | For units in excess of 10% of the investment, 0.5% will be charged for redemption within 1 year |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -10.21% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 116.8% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 55.5% of its downside.
Market cap allocation
| Large cap | 58.7% |
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| Mid cap | 20.8% |
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| Small cap | 20.5% |
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Concentration
| Top 5 holdings | 21.1% |
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| Top 10 holdings | 29.5% |
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| Total holdings | 165 |
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Top holdings
- Net Receivable / Payable — 15.2%
- iShares V PLC - iShares MSCI ACWI UCITS ETF — 7.2%
- ICICI Prudential Gold ETF — 6.4%
- HDFC Bank Ltd. — 4.5%
- ICICI Prudential Silver ETF — 4.3%
- Reliance Industries Ltd — 4.0%
- Triparty Repo TRP_030826 — 3.2%
- ICICI Bank Ltd. — 3.1%
- 364 Days Tbill (MD 06/08/2026) — 2.8%
- Kotak Mahindra Bank Ltd. — 2.3%
Top sectors
- Banking & Financial — 14.8%
- Global Equity — 7.2%
- Finance & Investments — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 6.4% | Q1 (Top) | #10 of 44 |
| 2025 | 19.2% | Q1 (Top) | #6 of 34 |