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Bandhan Mutual Fund

Bandhan Multi-Factor Fund

Bandhan Mutual Fund · Direct plan · Growth

1-year returns
-5.1%
NAV
₹9.60
▲ 0.78% · 18 Sept 2026
Fund size
₹687 Cr
Expense ratio
2.37%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹9.43 and has returned -6.54% over a year.

Returns, and where it stands

Against the average sectoral / thematic fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-5.1%5.2%behind190 of 221
Every period, and the Regular plan →
PeriodDirectRegular
1 month-4.5%-4.6%
3 months-4.2%-4.6%
6 months-3.4%-4.2%
1 year-5.1%-6.5%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Aug 2025.

Plan

NAV history

▼ 5.06% in the last 1Y

9.4210.110.918 Sept 202519 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹60,000
Loss
₹3,454
XIRR (per year)
-10.46%
Value today
₹56,546

12 monthly instalments from 18 Sept 2025, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
13% a year
2.6% less than the category average — the steadier side
Worst fall so far
−13.7%
Feb 2026 to Sept 2026.
Years that made money
73.5%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
30 Jul 2025
Portfolio turnover
6.51x
Expense ratio
2.37%
as of 31 Aug 2026

Managed by Brijesh Shah, Rishi Sharma, Nilesh Saha

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Bandhan Multi-Factor Fund against other funds in the Sectoral / Thematic Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Taiwan Equity Fund118%61.43%1.24%₹1,128 Cr
HDFC Defence Fund21.09%37.07%0.9%₹11,478 Cr
HDFC Transportation and Logistics Fund7.35%24.8%1.09%₹2,116 Cr
SBI Healthcare Opportunities Fund20.88%24.31%18.52%1.02%₹5,796 Cr
UTI - Healthcare Fund16.82%24.15%16.09%1.28%₹1,444 Cr
LIC MF Infrastructure Fund8.97%23.9%21.88%1.35%₹1,174 Cr
Bandhan Multi-Factor Fund-5.06%2.37%₹687 Cr

About Bandhan Multi-Factor Fund

Bandhan Multi-Factor Fund is a sectoral / thematic fund managed by Bandhan Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

The scheme seeks to generate medium to long term capital appreciation by investing predominantly in equity and equity related instruments selected based on a multi-factor quantitative model.

The scheme's stated objective, as published by Bandhan Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹9.595153722
DirectIDCW₹9.595153720
RegularGrowth₹9.425153721
RegularIDCW₹9.425153723

Frequently asked questions

What is the NAV of Bandhan Multi-Factor Fund today?

The NAV of Bandhan Multi-Factor Fund (Direct plan, Growth) is ₹9.595 and the Regular plan NAV is ₹9.425, as of 18 Sept 2026.

What returns has Bandhan Multi-Factor Fund given?

Over the last year the Direct plan returned -5.06%. Past returns do not guarantee future returns.

What is the expense ratio of Bandhan Multi-Factor Fund?

The Direct plan charges 2.37% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Bandhan Multi-Factor Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹1,000 or more.

How much has Bandhan Multi-Factor Fund fallen in the past?

Its deepest fall was 13.7% from 11 Feb 2026 to 15 Sept 2026. Of every one-year stretch in its history, 74% ended in a gain.

Which category does Bandhan Multi-Factor Fund belong to?

It is a Sectoral / Thematic Fund from Bandhan Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Bandhan Multi-Factor Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.