Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap, small cap stocks. According to SEBI regulations, multi cap funds must allocate at least 25% of their assets each to large-cap, mid-cap, and small-cap stocks, making 75% of the allocation fixed.

Key Investment Features:

- Diversified Approach: Multi cap funds invest in equity and equity-related instruments across companies of varying market capitalizations. These funds provide diversification by investing in small-cap, mid-cap, and large-cap companies, making them suitable for investors with different risk appetites.

- Allocation Strategy: It is mandatory for the fund to allocate 25% of their assets to small, mid and large cap stocks each, i.e. 75% of the total assets have a mandated allocation. The remaining 25% can be invested in any market capitalisation.

- Flexibility for Fund Managers: Fund managers have the freedom to adjust 25% of the portfolio allocation based on market conditions, in addition to the mandatory 25% allocation to each market cap.

- Investment Universe: Minimum investment in equity & equity related instruments - 65% of total assets.

The fund aims to create wealth over the long term by maintaining exposure across market segments, offering potential for higher returns while managing risk through diversification.

Fund Managers

This fund is managed by Mr. Daylynn Pinto (w.e.f 02/12/2021) & Mr. Harshal Joshi (w.e.f 02/12/2021)

Mr. Harshal Joshi:

- PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.

Mr. Daylynn Gerard Paul Pinto:

- B.Com (H) and PGDM. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.

Supporting Team:

The fund is managed by Harshal Joshi, Daylynn Pinto, Nishita Shah, Ritika Behera, Gaurav Satra. Prior to Bandhan AMC Limited, she was associated with Ocean Dial Asset Management, Elara Securities Pvt Ltd. and Batlivala & Karani Securities Pvt Ltd. Mr. Satra has done B.Com and CA

About the Fund House (AMC)

Bandhan Mutual Fund (formerly IDFC Mutual Fund) is a leading asset management company in India. The AMC has established itself as a reliable investment partner with a focus on delivering consistent performance across various market conditions.

Key Fund Details as of July 2025:

- AUM: ₹2,725.12 Cr as of 10th July 2025

- Launch Date: 2nd December 2021

- Latest NAV: ₹18.35, as of 10th July 2025

- Expense Ratio: 0.55 as of 10th July 2025 (Direct Plan)

- Minimum Investment: ₹1,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option

Performance Highlights:

- Since Inception Returns: 16.89% CAGR since inception

- Recent Performance: Over the last 1 and 3 years the fund has given a CAGR return of 6.75% and 19.32% respectively

Should I Invest in Bandhan Multi Cap Fund?

Who Should Consider This Fund:

- Long-term Investors: They are best suited for long-term investors seeking potential wealth creation through a diversified portfolio of small, mid, and large-cap stocks.

- Risk Profile: Multi cap mutual funds carry a higher risk than large-cap funds due to their exposure to small and mid-cap stocks, which introduces some degree of volatility.

- Investment Horizon: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.

Key Considerations:

- Market Cap Exposure: This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs.

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

- Tax Implications: For short term (less than a year) capital gains will be taxed at 20%. For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit

Fund Suitability:

With a broad scope for investment opportunities, multi cap funds are a strong option for potential wealth creation. However, investors should be prepared for higher volatility compared to large-cap focused funds.

Frequently Asked Questions (FAQs)

What is today's NAV of Bandhan Multicap Fund?

The latest NAV for Bandhan Multi Cap Fund is ₹18.35 as of 10th July 2025.

What is the AUM of Bandhan Multicap Fund?

The assets under management of Bandhan Multi Cap Fund is ₹2,725.12 Cr as of 10th July 2025.

What is the expense ratio of Bandhan Multicap Fund?

The expense ratio of Bandhan Multi Cap Fund is 0.55 as of 10th July 2025 for the direct plan. Regular plan has a higher expense ratio due to distribution costs.

What are the returns of Bandhan Multicap Fund since inception?

Bandhan Multi Cap Fund has given a CAGR return of 16.89% since inception.

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

The minimum SIP investment is ₹100 and minimum lump sum investment is ₹1,000.

How do I invest in Bandhan Multicap Fund?

You can invest through Allvest platform by selecting the fund, choosing SIP or lump sum option, and completing the KYC process. Investment can also be made through the AMC website or authorized distributors.

How to start a SIP in Bandhan Multicap Fund?

Register with Allvest, complete your KYC, select Bandhan Multicap Fund, choose SIP frequency (monthly/quarterly), set the amount (minimum ₹100), and authorize auto-debit from your bank account.

How do I automate an SIP in Bandhan Multicap Fund?

After setting up your SIP through Allvest, provide a bank mandate or set up auto-debit instructions. The amount will be automatically deducted on your chosen SIP dates without manual intervention.

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

You can redeem through Allvest platform, AMC website, or by submitting a redemption form. Redemption requests before 3 PM on working days are processed at the same day's NAV. If units are sold within 1 year, gains are taxed at 20%.