GMP IPO Watch
Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
BANDHAN Balanced Advantage Fund
Regular Plan · IDCW · Bandhan Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹12.79 30 Mar 2026
52W High ₹15.07 24 Dec 2025
₹14.0730
NAV as of 4 Nov 2026
+0.67% day change
Other Plans of This Fund
ISININF194KA1UF5
Scheme Code131354
StructureOpen Ended Schemes
Fund HouseBandhan AMC Limited
AUM (avg. July - September 2026)₹23.74 Cr
Expense Ratio (as of 3 Nov 2026)2.29%
Min. InvestmentRs.1,000/- and any amount thereafter
Inception Date17 Sept 2014
BenchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Portfolio Turnover74.03%
NFO Period17-Sep-2014 – 01-Oct-2014
Returns
1Y
-5.55%
3Y
+1.92%
5Y
+0.76%
7Y
+3.57%
10Y
+3.08%
Since Inception
+2.86%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.05% | +3.13% | 23 of 37 |
| 1M | +2.31% | +2.43% | 24 of 36 |
| 3M | -0.78% | -2.01% | 6 of 36 |
| 6M | +2.54% | +1.12% | 11 of 36 |
| YTD | -5.17% | -2.04% | 33 of 37 |
| 1Y | -5.55% | -1.75% | 29 of 35 |
| 2Y | -3.04% | +0.87% | 30 of 34 |
| 3Y | +1.92% | +6.80% | 25 of 29 |
| 5Y | +0.76% | +5.92% | 18 of 20 |
| 7Y | +3.57% | +8.11% | 13 of 16 |
| 10Y | +3.08% | +6.35% | 7 of 10 |
| INCEPTION | +2.86% | — | — |
Ranked among: Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.80% | +27.12% | -24.08% | 61% | 24% |
| 6M | +1.39% | +33.25% | -23.26% | 59% | 23% |
| 1Y | +2.95% | +45.87% | -21.04% | 60% | 24% |
| 2Y | +3.32% | +24.05% | -10.94% | 76% | 31% |
| 3Y | +3.60% | +13.23% | -7.02% | 94% | 38% |
| 5Y | +3.80% | +11.12% | -4.57% | 96% | 39% |
| 7Y | +3.81% | +5.56% | +1.52% | 100% | 41% |
| 10Y | +3.24% | +4.38% | +2.14% | 100% | 41% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity71.92%
- Debt27.14%
- Cash0.94%
- Other0.00%
Market Cap Split
- Large Cap47.89%
- Mid Cap13.52%
- Small Cap10.58%
- Others28.01%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 23.20 | 23.81 |
| P/B | 2.94 | 3.28 |
| Price / Sales | 2.86 | 3.13 |
| Price / Cash Flow | 14.75 | 17.27 |
| Dividend Yield (%) | 1.30 | 1.44 |
Holdings140
Top 5 Stocks18.13%
Top 10 Stocks27.88%
Top 3 Sectors25.51%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Axis Bank Limited ** | Money Market | 4.36% | +0.13% |
| ICICI Bank | Banks | 3.97% | -0.30% |
| Reliance Industries | Petroleum Products | 3.71% | -0.20% |
| Bharti Airtel | Telecom - Services | 3.60% | -0.03% |
| HDFC Bank | Banks | 3.53% | +0.39% |
| Bajaj Finance | Finance | 3.32% | -0.26% |
| 7.53% Bajaj Housing Finance Limited | Debt | 2.20% | +0.04% |
| Small Industries Dev Bank of India ** | Money Market | 2.18% | +0.06% |
| Sundaram Finance Limited ** | Money Market | 2.18% | +0.06% |
| Larsen & Toubro | Construction | 2.15% | -0.01% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 1.99% | +0.03% |
| One 97 Communications | Financial Technology (Fintech) | 1.97% | +0.00% |
| UltraTech Cement | Cement & Cement Products | 1.92% | -0.04% |
| Axis Bank | Banks | 1.86% | -0.07% |
| Kotak Bank | Banks | 1.85% | +0.03% |
View all 146 holdings
| State Bank of India | Banks | 1.69% | -0.14% |
| 364T101226 | Money Market | 1.46% | +0.04% |
| HDFC Bank Limited ** | Money Market | 1.30% | +0.45% |
| Titan | Consumer Durables | 1.16% | -0.10% |
| Mahindra & Mahindra | Automobiles | 1.15% | -0.10% |
| Interglobe Aviation | Transport Services | 1.12% | -0.03% |
| 7.45% Power Finance Corporation Limited ** | Debt | 1.11% | +0.02% |
| Axis Bank Limited ** | Money Market | 1.10% | +0.03% |
| Indian Bank ** | Money Market | 1.09% | — |
| Small Industries Dev Bank of India ** | Money Market | 1.09% | — |
| Small Industries Dev Bank of India ** | Money Market | 1.09% | +0.03% |
| National Bank For Agriculture and Rural Development ** | Money Market | 1.09% | +0.03% |
| Infosys | IT - Software | 1.06% | -0.12% |
| Varun Beverages | Beverages | 1.05% | +0.10% |
| Radico Khaitan | Beverages | 1.05% | +0.00% |
| Punjab National Bank ** | Money Market | 0.96% | +0.02% |
| Tata Power | Power | 0.92% | +0.05% |
| JSW Steel | Ferrous Metals | 0.91% | +0.08% |
| Indusind Bank | Banks | 0.81% | +0.02% |
| 690GOI65 | Debt | 0.80% | -0.79% |
| EPL | Industrial Products | 0.78% | — |
| IDFC First Bank | Banks | 0.72% | -0.02% |
| HDFC Life Insurance | Insurance | 0.68% | +0.03% |
| NTPC | Power | 0.68% | +0.01% |
| ICICI Lombard General Insurance | Insurance | 0.67% | +0.38% |
| United Spirits | Beverages | 0.65% | -0.05% |
| Shriram Finance | Finance | 0.64% | -0.06% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.64% | -0.04% |
| 724GOI55 | Debt | 0.64% | +0.01% |
| Tata Consultancy Services | IT - Software | 0.62% | -0.09% |
| Phoenix Mills | Realty | 0.60% | +0.02% |
| Garware Technical Fibres | Textiles & Apparels | 0.60% | -0.01% |
| NALCO | Non - Ferrous Metals | 0.59% | -0.05% |
| Adani Enterprises | Metals & Minerals Trading | 0.58% | +0.02% |
| Tega Industries | Industrial Manufacturing | 0.57% | +0.04% |
| Shadowfax Technologies | Transport Services | 0.56% | +0.05% |
| Lumino Industries | Industrial Products | 0.56% | +0.12% |
| Adani Ports & SEZ | Transport Infrastructure | 0.55% | +0.07% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.55% | +0.00% |
| PNB Housing Finance | Finance | 0.55% | +0.00% |
| Power Grid Corporation of India | Power | 0.54% | +0.42% |
| Piramal Finance | Finance | 0.54% | -0.06% |
| Black Buck | Transport Services | 0.53% | +0.03% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.52% | +0.00% |
| Eternal | Retailing | 0.52% | +0.00% |
| Eicher Motors | Automobiles | 0.52% | +0.17% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.50% | -0.02% |
| City Union Bank | Banks | 0.50% | +0.00% |
| LTM | IT - Software | 0.50% | +0.01% |
| Tech Mahindra | IT - Software | 0.50% | +0.05% |
| Triparty Repo TRP_011026 | Reverse Repo / TREPS | 0.50% | — |
| Aster DM Quality Care | Equity | 0.49% | -0.03% |
| UPL | Fertilizers & Agrochemicals | 0.48% | -0.01% |
| GAIL | Gas | 0.47% | +0.23% |
| SBI Life Insurance | Insurance | 0.45% | +0.09% |
| Britannia Industries | Food Products | 0.45% | -0.03% |
| Vedanta | Diversified Metals | 0.45% | +0.03% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 0.45% | +0.01% |
| Prudent Corporate Advisory Services | Capital Markets | 0.44% | -0.07% |
| 679GOI2029 | Debt | 0.44% | +0.01% |
| Meesho | Retailing | 0.42% | +0.05% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.42% | +0.04% |
| Torrent Power | Power | 0.40% | +0.02% |
| Jio Financial Services | Finance | 0.40% | -0.03% |
| Sharda Cropchem | Fertilizers & Agrochemicals | 0.39% | -0.01% |
| Fortis Healthcare | Equity | 0.38% | -0.06% |
| Nykaa | Retailing | 0.38% | -0.02% |
| Adani Power | Power | 0.38% | +0.21% |
| Bharat Electronics | Aerospace & Defense | 0.37% | -0.02% |
| Mphasis | IT - Software | 0.37% | -0.04% |
| Fusion Finance | Finance | 0.37% | +0.20% |
| Angel One | Capital Markets | 0.37% | +0.18% |
| Isgec Heavy Engineering | Construction | 0.36% | +0.10% |
| Medplus Health Services | Retailing | 0.35% | +0.00% |
| Bank of Baroda | Banks | 0.35% | — |
| Page Industries | Textiles & Apparels | 0.33% | — |
| Cohance Lifesciences | Pharmaceuticals & Biotechnology | 0.31% | +0.06% |
| Ambuja Cements | Cement & Cement Products | 0.31% | -0.01% |
| Dalmia Bharat | Cement & Cement Products | 0.30% | +0.02% |
| Azad Engineering | Electrical Equipment | 0.29% | +0.02% |
| Signatureglobal | Realty | 0.29% | -0.01% |
| Vedanta Power | Power | 0.28% | +0.13% |
| Cholamandalam Financial Holdings | Finance | 0.28% | -0.01% |
| Triveni Engineering & Industries | Agricultural Food & other Products | 0.27% | +0.12% |
| Timken | Industrial Products | 0.26% | +0.03% |
| Bajaj Housing Finance | Finance | 0.26% | +0.00% |
| PI Industries | Fertilizers & Agrochemicals | 0.25% | — |
| Whirlpool | Consumer Durables | 0.25% | — |
| Thirumalai Chemicals | Chemicals & Petrochemicals | 0.24% | -0.01% |
| Marico | Agricultural Food & other Products | 0.24% | +0.00% |
| Viyash Scientific | Pharmaceuticals & Biotechnology | 0.23% | -0.02% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.23% | -0.02% |
| 726GOI2033 | Debt | 0.23% | +0.01% |
| Tata Steel | Ferrous Metals | 0.22% | +0.00% |
| Carborundum Universal | Industrial Products | 0.22% | +0.03% |
| 8.4% Godrej Properties Limited ** | Debt | 0.22% | +0.00% |
| 8.97% Muthoot Finance Limited | Debt | 0.22% | +0.00% |
| 8.4% Godrej Industries Limited ** | Debt | 0.22% | +0.00% |
| 7.42% Small Industries Dev Bank of India ** | Debt | 0.22% | +0.00% |
| 7.76% Aadhar Housing Finance Limited ** | Debt | 0.22% | +0.00% |
| 7.51% Tata Housing Development Company Limited ** | Debt | 0.22% | +0.00% |
| Net Current Assets | Net Current Assets | 0.22% | — |
| Gokaldas Exports | Textiles & Apparels | 0.21% | -0.02% |
| Mankind Pharma | Pharmaceuticals & Biotechnology | 0.20% | -0.08% |
| Suraksha Diagnostic | Equity | 0.20% | +0.02% |
| Bajaj Auto | Automobiles | 0.18% | +0.04% |
| Samvardhana Motherson International | Auto Components | 0.17% | -0.01% |
| Indus Towers | Telecom - Services | 0.14% | +0.00% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.14% | +0.00% |
| KEC International | Construction | 0.13% | -0.01% |
| Inventurus Knowledge Solutions | IT - Services | 0.13% | +0.05% |
| Net Receivables/Payables | Net Current Assets | 0.13% | — |
| Cipla | Pharmaceuticals & Biotechnology | 0.11% | +0.00% |
| Grasim Industries | Cement & Cement Products | 0.11% | +0.00% |
| Godrej Properties | Realty | 0.10% | -0.03% |
| Polycab | Industrial Products | 0.09% | -0.02% |
| Triveni Power Transmissio | Industrial Manufacturing | 0.09% | +0.00% |
| 182T221026 | Money Market | 0.09% | — |
| Cash Margin - Derivatives | Net Current Assets | 0.09% | — |
| SBI Cards | Finance | 0.07% | — |
| Adani Energy Solutions | Power | 0.06% | -0.01% |
| Bajaj Finserv | Finance | 0.06% | -0.01% |
| Zee Entertainment | Entertainment | 0.05% | -0.01% |
| Maruti Suzuki | Automobiles | 0.03% | +0.00% |
| ITC | Diversified FMCG | 0.02% | +0.00% |
| Adani Green Energy | Power | 0.02% | +0.00% |
| GOI LOAN 6.68% 2040 | Debt | 0.02% | -0.09% |
| Orchid Pharma | Pharmaceuticals & Biotechnology | 0.01% | +0.00% |
| 8.01% REC Limited ** | Debt | 0.01% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.00% | — |
| Cash / Bank Balance | Net Current Assets | 0.00% | — |
Sector Allocation · Sep 2026
View all 39 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 9.74 | 9.20 | High Volatility |
| 3Y | 8.44 | 8.98 | Low Volatility |
| 5Y | 8.24 | 8.47 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.87 | -0.81 | Below Average |
| 3Y | -0.38 | 0.10 | Below Average |
| 5Y | -0.52 | 0.02 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.67 | 0.42 | Below Average |
| 3Y | 0.35 | 1.14 | Below Average |
| 5Y | 0.17 | 1.08 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.10 | 1.06 | Poor Risk Adjusted Returns |
| 3Y | 0.98 | 1.09 | Good Risk Adjusted Returns |
| 5Y | 0.97 | 1.02 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UNIFI DYNAMIC ASSET ALLOCATION FUND
Direct Plan · GROWTH
|
+8.57% | — | — | +8.47% |
|
Mirae Asset Balanced Advantage Fund
Direct Plan · Growth
|
+3.10% | +10.79% | — | +10.95% |
|
ICICI Prudential Balanced Advantage Fund
Regular Plan · Growth
|
+2.77% | +10.67% | +9.66% | +10.93% |
|
Edelweiss Balanced Advantage Fund
Regular Plan · Growth
|
+2.47% | +9.96% | +8.03% | +10.20% |
|
WhiteOak Capital Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.98% | +11.98% | — | +12.76% |
|
Parag Parikh Dynamic Asset Allocation Fund
Regular Plan · Growth
|
+1.94% | — | — | +5.99% |
|
Bajaj Finserv Balanced Advantage Fund
Direct Plan · Growth
|
+1.44% | — | — | +7.01% |
|
Helios Balanced Advantage Fund
Direct Plan · Growth
|
+1.43% | — | — | +7.10% |
|
Baroda BNP Paribas Balanced Advantage Fund
Regular Plan · Growth Option
|
+1.35% | +11.08% | +9.26% | +12.42% |
|
Axis Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.17% | +12.19% | +9.53% | +9.98% |
More From Bandhan AMC Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANDHAN INNOVATION FUND
Direct Plan · Growth
|
+14.35% | — | — | +20.03% |
|
Bandhan BSE Healthcare Index Fund
Direct Plan · Growth
|
+14.13% | — | — | +8.12% |
|
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF
Direct Plan · IDCW
|
+10.64% | +8.91% | — | +8.51% |
|
Bandhan Gilt Fund
Direct Plan · Growth
|
+7.31% | +8.25% | +6.45% | +8.58% |
|
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth
|
+6.77% | — | — | +7.03% |
|
BANDHAN Dynamic Term Fund
Direct Plan · Growth
|
+6.71% | +7.89% | +6.20% | +8.15% |
|
Bandhan Money Market Fund
Direct Plan · Periodic IDCW
|
+6.56% | +7.39% | +6.77% | +4.70% |
|
BANDHAN LIQUID Fund
Direct Plan · Periodic IDCW
|
+6.46% | +6.88% | +6.41% | +1.51% |
|
BANDHAN Arbitrage Fund
Direct Plan · Growth
|
+6.43% | +7.26% | +6.79% | +6.91% |
|
BANDHAN ULTRA SHORT TERM FUND
Direct Plan · Periodic IDCW
|
+6.43% | +7.19% | +6.61% | +4.33% |
About This Scheme
Investment Objective
The primary objective of the scheme is to seek 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. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & Money Market instruments. There is no assurance or guarantee that the objectives of the scheme will be realised.
Stated Asset Allocation
Equities & Equity related instruments - 20%-90%, Debt securities & Money Market Instruments (including Cash & Cash equivalent) - 10%-80%
Exit Load
Entry Load Nil. Exit load w.e.f 10-Feb-2025:(for each purchase including SIP/STP-in registered) -If redeemed/switched out on/within 90 days from the date of allotment - 0.50% of the applicable NAV. If redeemed/switched out after 90 days from the date of allotment - Nil.
Fund Managers
Mr. Manish Gunwani (equity portfolio), Mr. Vishal Biraia (equity portfolio). and Mr. Brijesh Shah (debt portfolio)
Mr. Manish Gunwani (24th january 2024) & Mr. Vishal Biraia (02nd December 2024) and Mr. Brijesh Shah (16th July 2022).
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Bandhan AMC Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.