Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment. To create wealth over a long term. Investment in a portfolio of equity and equity related securities of mid cap companies

The fund follows a mid-cap focused investment strategy targeting companies that rank between 101-250 in market capitalization. The investment approach emphasizes:

- Growth-oriented strategy: Focus on medium-sized companies with potential for capital appreciation over the long term

- Diversified portfolio: Maintains balanced exposure across various sectors within the mid-cap segment

- Risk-return profile: Mid cap funds are likely to carry higher risk than large-cap funds but lower risk than small-cap funds, making them suitable for investors with moderate risk tolerance.

- Long-term wealth creation: Midcap mutual funds are suitable for long-term wealth creation. Staying invested in mid cap funds for the long-term may potentially rule out the effects of short-term volatility and thus increase the likelihood of getting potentially higher returns.

The fund maintains an equity allocation of approximately 94% with the remaining in cash and money market securities for liquidity management.

Fund Managers

Ritu Modi is the Current Fund Manager of Bandhan Midcap Fund Direct Growth fund. The fund is managed by a team of experienced professionals:

- Ritu Modi - Primary Fund Manager (since November 16, 2022)

- Harshal Joshi - Co-Fund Manager (since December 2, 2024)

- Ritika Behera - Co-Fund Manager (since December 2, 2024)

- Gaurav Satra - Co-Fund Manager (since December 2, 2024)

The fund management team brings diverse experience from various financial institutions and has been instrumental in executing the fund's mid-cap investment strategy.

About the Fund House (AMC)

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.

Key highlights about Bandhan AMC:

- Legacy and transformation: 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.

- Fund offerings: It currently offers 76 mutual fund schemes to its investors. These are diversified across debt, equity, hybrid, and other schemes.

- Current AUM: AUM ₹177,378.19 Cr. with No. of Schemes 292

- Market position: Despite being relatively new under the Bandhan brand, the fund house has established a strong presence in India's mutual fund industry

The AMC is headquartered in Bengaluru and operates with a focus on providing diverse investment solutions across market segments.

Should I Invest in Bandhan Midcap Fund?

Key Fund Metrics (as of August 2025):

- NAV: ₹18.40 as of 19 Aug 2025

- AUM: ₹1,802.88 Crores

- Expense Ratio: 0.58% as of 18th June 2025

- Launch Date: 18th August 2022

- Risk Rating: Very High risk

- Minimum SIP: ₹100

Investment Suitability:

Ideal for investors who:

- Have a long-term investment horizon (7+ years recommended)

- Can tolerate moderate to high volatility in returns

- Seek exposure to India's growing mid-cap companies

- Want professional fund management for mid-cap stock selection

Not suitable if:

- You need to redeem your investment in less than seven years

- You have low risk tolerance

- You prefer stable, predictable returns

Key Considerations:

- This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

- Like for all equity funds, you must invest only through the SIP route.

The fund's performance since inception shows 83.82% returns since scheme launch, indicating strong growth potential for patient investors.

FAQs

What is today's NAV of Bandhan Midcap Fund?

The Latest NAV as of 19 Aug 2025 is ₹18.40. NAV is updated daily and changes based on market movements.

What is the AUM of Bandhan Midcap Fund?

The AUM of Bandhan Midcap Fund, is ₹1802.88 crore. AUM data is typically updated monthly by the fund house.

What is the expense ratio of Bandhan Midcap Fund?

The expense ratio of Bandhan Midcap Fund Plan is 0.58 as of 18th June 2025. This covers fund management and operational costs.

What are the returns of Bandhan Midcap Fund since inception?

Bandhan Midcap Fund Direct-Growth scheme return performance since scheme launch is 83.82%. The fund was launched in August 2022.

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

The minimum SIP for Bandhan Midcap Fund is ₹100. You can start investing with small monthly amounts through SIP.

How do I invest in Bandhan Midcap Fund?

You can invest through Allvest's platform by completing KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and making payment through available methods.

How to start a SIP in Bandhan Midcap Fund?

Log into Allvest, select Bandhan Midcap Fund, choose SIP option, set your monthly amount (minimum ₹100), select SIP date, and complete payment setup for automated investments.

How do I automate an SIP in Bandhan Midcap Fund?

Through Allvest, set up auto-debit mandate during SIP registration. This enables automatic monthly deductions from your bank account on the chosen SIP date without manual intervention.

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

Login to Allvest, navigate to your portfolio, select Bandhan Midcap Fund, choose redemption amount (partial/full), and submit request. Proceeds typically credit within 3-4 working days.