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Bandhan Business Cycle Fund - Investment Objective, Fund Manager & Latest Performance 2025

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Learn about Bandhan Business Cycle Fund's business cycle investing approach, fund managers Vishal Biraia & Ritika Behera, latest AUM of ₹1,683 Cr, expense ratio of 0.5%, and investment suitability. Get complete fund details.

Investment Objective and Approach

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

An open-ended equity scheme following a business cycle based investing theme. The fund follows a unique investment philosophy that involves:

Business Cycle Strategy: The fund adopts a dynamic approach to capture opportunities across different phases of economic business cycles. This involves strategic allocation to various sectors and stocks based on their position within the economic cycle.

Portfolio Construction: The investment team focuses on companies that are well-positioned to benefit from specific phases of business cycles. This may include sectors that perform well during expansion phases or those that remain resilient during contractions.

Active Management: The fund managers select stocks with strong fundamentals and debt securities with decent ratings from credit agencies. Additionally, they regularly review the scheme composition and, depending on market conditions, rebalance the holdings to ensure investors continue to receive decent returns.

Fund Managers

Primary Fund Manager - Vishal Biraia: Over 20 years of experience in the capital market. Current Fund Manager for Bandhan Infrastructure Fund and Bandhan Retirement Fund. Sector expertise in utilities, materials, industrials and discretionary consumption.

Co-Fund Manager - Ritika Behera: 14 years of experience in the capital market. Current Fund Manager for Bandhan US Equity Fund of Funds. Focuses on fundamental research in the BFSI sector. Previous roles at Ocean Dial Asset Management (an Avendus Company), Elara Securities, Batlivala & Karani Securities, Morgan Stanley Advantage Services and CRISIL. MBA from ICFAI Business School (IBS), Hyderabad and Bachelor of Accountancy and Finance from the University of Calcutta.

Debt Portion Manager - Harshal Joshi: Mr Harshal Joshi has an experience of over 9 years in the Mutual Fund industry. He has worked with IDFC AMC since December 2008 in the Fixed Income Investment segment. He has a Masters's Degree in Commerce and PGDBM (N.L. Dalmia Institute of Management Studies and Research).

About the Fund House (AMC)

Bandhan Mutual Fund has a rich heritage in the Indian mutual fund industry. Bandhan Mutual Fund was set up on March 13, 2000. It is one of the largest Mutual Fund houses in India's domestic market. In terms of Assets under Management (AUM), it is one of the largest players in the sector. As of March 2024, the fund house manages assets worth Rs. 137193.31 crores.

Acquisition History: April 2022 marked the acquisition of IDFC Asset Management Company by Bandhan along with a consortium. The consortium included Bandhan Financial Holdings Limited, Singapore's Sovereign Fund GIC, and ChrysCapital. Post the acquisition, the IDFC Mutual Fund was renamed Bandhan Mutual Fund in March 2023.

Current Structure: Its ownership structure includes a 60% stake of Bandhan Financial Holdings Limited (BFHL) and 20% of ChrysCapital and GIC each.

Fund Offerings: As of 31st Jan 2025, it manages assets worth Rs. 1,65,884 crores, offering 55 active schemes to its investors. The Bandhan AMC offers a wide range of investment options: 12 equity funds, 16 debt funds, 6 hybrid funds, 1 solution fund and 20 other funds, helping investors build long-term wealth.

Leadership: Mr. Vishal Kapoor leads Bandhan Mutual Fund as its CEO. Ms Veena Mankar is the chairman, and Ms Neeta Singh is the investor service officer. The registrar and transfer agent for Bandhan Mutual Fund is Computer Age Management Services Ltd. (CAMS).

Should I Invest in Bandhan Business Cycle Fund?

Fund Suitability: This product is suitable for investors who are seeking: To create wealth over a long term. Investment predominantly in equity and equity related instruments of companies following business cycle based investment theme.

Who Should Consider This Fund:

- Investors seeking long-term capital appreciation

- Those comfortable with equity market volatility

- Investors interested in a unique business cycle-based investment approach

- Those looking for active fund management with sector rotation strategy

Key Financial Metrics (as of latest available data):

- AUM: ₹1683 Cr worth of assets under management (AUM) as on Jun 2025

- NAV: ₹9.84, as of 26th May 2025

- Expense Ratio: 0.51% for Direct Plan

- Exit Load: 0.5% if redeemed in 0-30 Days

- Since Inception Return: CAGR return of 2.62% since inception

Risk Considerations: The Bandhan Business Cycle Fund Direct Growth is rated Very High risk. This fund carries typical equity market risks and additional sector rotation risks inherent in the business cycle investment approach.

Investment Approach: It follows a structured investment approach, ensuring transparency and disciplined risk management. Investors can choose from Systematic Investment Plans (SIPs) or lump sum investments based on their financial objectives.

FAQs

What is today's NAV of Bandhan Business Cycle Fund?

The current NAV varies daily. You can check the latest NAV on Allvest platform or the fund house website for real-time updates.

What is the AUM of Bandhan Business Cycle Fund?

As of June 2025, the fund has an AUM of ₹1,683 Cr, indicating good investor participation and fund size.

What is the expense ratio of Bandhan Business Cycle Fund?

The expense ratio is 0.51% for the Direct Plan, which is competitive compared to similar thematic equity funds.

What are the returns of Bandhan Business Cycle Fund since inception?

The fund has delivered a CAGR of 2.62% since its launch in September 2024. Being a new fund, longer-term performance data is not yet available.

What is the minimum SIP amount to invest in Bandhan Business Cycle Fund?

The minimum SIP amount is ₹100, making it accessible for retail investors to start their investment journey.

How do I invest in Bandhan Business Cycle Fund?

You can invest in this fund through the Allvest platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and setting up payments.

How to start a SIP in Bandhan Business Cycle Fund?

Visit Allvest platform, search for the fund, select 'SIP' option, enter your monthly investment amount, and set up auto-debit from your bank account.

How do I automate an SIP in Bandhan Business Cycle Fund?

Through Allvest, you can set up automated SIP payments via bank mandate or UPI autopay, ensuring regular investments without manual intervention.

How can I withdraw/redeem my investment in Bandhan Business Cycle Fund?

You can redeem your units through the Allvest platform by selecting the fund and choosing partial or full redemption. Proceeds are credited within 2-4 working days.