Bandhan Focused Fund

FocusedDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Bandhan Focused Fund is a Focused fund run by Bandhan Mutual Fund. On 31-08-2026, it managed ₹2,094 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 14.3% a year and its Regular plan returned 12.9% a year. Its benchmark, BSE 500 TRI, returned 9.9% a year over the same 3 years.

NAV (Direct plan): ₹101.26; ▼ 1.04%30-10-2026
NAV (Regular plan): ₹84.60; ▼ 1.05%30-10-2026
Expense ratio: 1.02%Direct2.28%Regular; 1.02%; A year
Riskometer: Very High; Set by the fund house
3 year return: 14.3%Direct12.9%Regular; 14.3%; A year

Bandhan Focused Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹101.26 (down 1.04% that day); Regular Plan Growth ₹84.60 (down 1.05% that day).

This fund (Direct plan)

₹101.257

Bandhan Focused Fund Returns vs BSE 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−4.52%	−3.55%	−2.57%	−5.46%	+14.34%	+10.58%	+13.21%
This fund (Regular)	−4.62%	−3.86%	−3.19%	−6.66%	+12.88%	+9.16%	+11.65%
BSE 500 TRI	−0.87%	−6.09%	−2.95%	−7.66%	+9.89%	+8.65%	+12.51%
Focused average	−1.00%	−4.12%	+1.39%	−3.09%	+12.30%	+10.21%	+13.15%
Best in Focused	+2.11%	+5.18%	+17.02%	+19.34%	+21.38%	+15.90%	+15.20%
Worst in Focused	−5.18%	−8.77%	−5.73%	−14.35%	+7.49%	+3.36%	+11.36%
Rank in Focused	26/28	10/28	22/28	18/28	6/27	10/22	6/13

Category rows compare the Direct plans of 28 Focused funds. Rank 1 is the highest return.

Bandhan Focused Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE 500 TRI
2026to date	−2.69%	−3.72%	−7.81%
2025	−0.37%	−1.64%	+7.63%
2024	+32.01%	+30.30%	+15.81%
2023	+33.00%	+31.30%	+26.55%
2022	−3.73%	−5.02%	+4.77%
2021	+26.28%	+24.59%	+31.63%

Bandhan Focused Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,675 periods, one for each trading day from 04-01-2016 to 30-10-2026.

−10%0%10%20%30%40%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Bandhan Focused Fund (Direct)BSE 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	3,163	13.0%	−27.9%	85.0%	23%	11.3%	41%
2 years	2,921	15.0%	−16.7%	46.0%	9%	15.5%	39%
3 years	2,675	15.0%	−3.2%	26.9%	1%	14.9%	47%
5 years	2,182	13.9%	−0.4%	26.7%	0%	14.9%	28%
7 years	1,693	13.2%	6.0%	17.2%	0%	14.3%	10%
10 years	950	14.0%	11.0%	16.4%	0%	14.6%	27%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	154	12.5%	−39.5%	57.2%	22%	12.7%	43%
2 years	142	13.1%	−23.5%	41.9%	11%	12.4%	44%
3 years	130	14.2%	−15.8%	31.1%	5%	14.9%	42%
5 years	106	13.8%	−3.5%	25.5%	1%	15.4%	42%
7 years	82	13.9%	1.3%	20.6%	0%	15.5%	37%
10 years	46	14.6%	10.6%	17.8%	0%	15.3%	30%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 500 TRI over the same days. Past returns do not promise future returns.

Bandhan Focused Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Bandhan Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	−5.46%	−7.66%
Standard deviation	16.00%	14.32%
Sharpe ratio	-0.67	-0.90
Sortino ratio	-0.92	-1.19
Maximum drawdown	−14.7% (31-03-2026)	−14.8% (30-03-2026)
Beta	1.04	1.00
Alpha	+2.76%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Bandhan Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+14.34%	+9.89%
Standard deviation	15.18%	14.19%
Sharpe ratio	0.55	0.27
Sortino ratio	0.77	0.37
Maximum drawdown	−17.8% (07-04-2025)	−18.7% (28-02-2025)
Beta	0.99	1.00
Alpha	+4.49%	0.00%

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Bandhan Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+10.58%	+8.65%
Standard deviation	14.88%	14.29%
Sharpe ratio	0.32	0.20
Sortino ratio	0.45	0.27
Maximum drawdown	−20.2% (17-06-2022)	−18.7% (28-02-2025)
Beta	0.98	1.00
Alpha	+2.00%	0.00%

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Bandhan Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+13.21%	+12.51%
Standard deviation	16.53%	16.03%
Sharpe ratio	0.47	0.44
Sortino ratio	0.64	0.59
Maximum drawdown	−37.5% (23-03-2020)	−38.1% (23-03-2020)
Beta	0.97	1.00
Alpha	+0.92%	0.00%

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Bandhan Focused Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+12.42%	+12.82%
Standard deviation	16.08%	15.77%
Sharpe ratio	0.40	0.43
Sortino ratio	0.54	0.58
Maximum drawdown	−37.5% (23-03-2020)	−38.1% (23-03-2020)
Beta	0.96	1.00
Alpha	−0.16%	0.00%

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−40%−30%−20%−10%0%

2014201620182020202220242026

Bandhan Focused Fund (Direct)BSE 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bandhan Focused Fund (Direct)	−37.5%	20-02-2020	23-03-2020	09-10-2020	7 months	−8.5%
BSE 500 TRI	−38.1%	17-01-2020	23-03-2020	06-11-2020	7 months	−9.4%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and BSE 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Bandhan Focused Fund vs Other Focused Funds

The five Focused funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Focused Fund	1/27	6,229	0.70%	+3.30%	+21.38%	+11.34%	1.04	0.96	1.35	Compare
ICICI Prudential Focused Fund	2/27	17,168	1.12%	−4.91%	+16.41%	+6.86%	0.91	0.77	1.09	Compare
ITI Focused Fund	3/27	607	0.90%	−0.70%	+15.80%	+5.33%	1.06	0.61	0.82	Compare
HDFC Focused Fund	4/27	26,553	0.83%	−4.98%	+15.40%	+6.13%	0.77	0.80	1.12	Compare
SBI Focused Fund	5/27	50,180	0.82%	+3.97%	+15.26%	+6.11%	0.76	0.76	1.05	Compare
Bandhan Focused Fund	6/27	2,094	1.02%	−5.46%	+14.34%	+4.49%	0.99	0.55	0.77

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Bandhan Focused Fund Expense Ratio and Costs

What each plan charges a year, in force from 21-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Focused median	Cost rank (1 = cheapest)
Direct	0.68%	0.07%	0.00%	0.27%	1.02%	1.10%	12/28
Regular	1.76%	0.07%	0.00%	0.45%	2.28%	2.23%	17/28

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Focused funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−6.66%	−5.46%	1.20%	₹93,340	₹94,540
3 years	12.88%	14.34%	1.46% a year	₹1,43,831	₹1,49,484
5 years	9.16%	10.58%	1.42% a year	₹1,54,995	₹1,65,342
10 years	11.65%	13.21%	1.56% a year	₹3,01,014	₹3,45,818

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Bandhan Focused Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planBandhan Focused Fund (Direct)	₹16,60,000	₹42,75,373	₹26,15,373	12.7%
Regular planBandhan Focused Fund (Regular)	₹16,60,000	₹37,96,968	₹21,36,968	11.2%
BSE 500 TRI	₹16,60,000	₹42,30,102	₹25,70,102	12.6%
Category averageCategory average, 28 Focused funds	₹16,60,000	₹47,99,942	₹31,39,942	14.2%

₹0₹20.0 L₹40.0 L₹60.0 L

2014201620182020202220242026

Direct planBandhan Focused Fund (Direct)Regular planBandhan Focused Fund (Regular)BSE 500 TRICategory averageCategory average, 28 Focused fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bandhan Focused Fund Asset Allocation

Asset allocation as on 31-08-2026

What the fund holds

97.6%Equity

Asset	Fund	Category
Equity	97.6%	93.9%
Cash and others	2.4%	5.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	37.7%	57.8%
Mid Cap	13.6%	18.9%
Small Cap	43.3%	15.4%
Not on AMFI's list	3.0%	1.4%

Share of the whole fund. Category: the average of the Focused funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Bandhan Focused Fund Sector Allocation

Sector allocation of the fund's stocks as on 31-08-2026

Largest sectors

Banks19.9%
Pharmaceuticals & Biotechnology11.9%
Finance9.4%
Agricultural Food & other Products9.0%
Realty9.0%
Retailing6.3%
Beverages5.6%
IT - Software4.1%
Textiles & Apparels3.3%
Petroleum Products3.1%

The ten largest of 18 sectors. The other 8 add up to 15.9%.

Bandhan Focused Fund Portfolio Holdings

As on 31-08-2026 · 29 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
LT Foods Limited	Agricultural Food & other Products	9.04%
Prestige Estates Projects Limited	Realty	6.71%
HDFC Bank Limited	Banks	6.22%
Cholamandalam Financial Holdings Limited	Finance	5.80%
Glenmark Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	5.60%
Jubilant Pharmova Limited	Pharmaceuticals & Biotechnology	5.09%
ICICI Bank Limited	Banks	4.93%
Tilaknagar Industries Limited	Beverages	3.94%
Power Finance Corporation Limited	Finance	3.60%
Sanathan Textiles Limited	Textiles & Apparels	3.30%
Kotak Mahindra Bank Limited	Banks	3.27%
V2 Retail Limited	Retailing	3.23%
State Bank of India	Banks	3.23%
Reliance Industries Limited	Petroleum Products	3.11%
Eternal Limited	Retailing	3.05%
Larsen & Toubro Limited	Construction	2.58%
Godawari Power And Ispat limited	Industrial Products	2.47%
SignatureGlobal (India) Limited	Realty	2.33%
Angel One Limited	Capital Markets	2.33%
The South Indian Bank Limited	Banks	2.30%
Tata Consultancy Services Limited	IT - Software	2.18%
Global Health Limited	Healthcare Services	2.16%
NTPC Limited	Power	1.94%
Infosys Limited	IT - Software	1.88%
Shiprocket Limited	Transport Services	1.70%
Varun Beverages Limited	Beverages	1.67%
ESDS Software Solution Ltd	IT - Services	1.34%
Deepak Fertilizers and Petrochemicals Corporation Limited	Chemicals & Petrochemicals	1.34%
Aurobindo Pharma Limited	Pharmaceuticals & Biotechnology	1.25%

Bandhan Focused Fund Stocks Bought and Sold

August 2026 is the first month we hold for this fund, so there is no earlier month to compare it with.

What Bandhan Focused Fund bought and sold

Bandhan Focused Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
PGIM India Large Cap FundLarge Cap · PGIM India	35.0%	13	Compare
Motilal Oswal Large Cap FundLarge Cap · Motilal Oswal	33.3%	13	Compare
Baroda BNP Paribas Large Cap FundLarge Cap · Baroda BNP Paribas	31.9%	11	Compare
LIC MF BSE Sensex ETFETF · LIC	31.9%	10	Compare
Zerodha BSE SENSEX Index FundIndex · Zerodha	31.9%	10	Compare
Nippon India Index Fund - BSE Sensex PlanIndex · Nippon India	31.9%	10	Compare
Nippon India ETF BSE SensexETF · Nippon India	31.9%	10	Compare
DSP BSE Sensex ETFETF · DSP	31.9%	10	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Bandhan Focused Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.02%
Expense ratio (Regular): 2.28%
Category: Focused
Risk: Very High
Benchmark: BSE 500 TRI
Launch date: 16-03-2006
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹2,093.70 Cr (31-08-2026)
Lock in: None
Scheme code (Direct): 118421
ISIN (Direct): INF194K01W21
Scheme code (Regular): 108592
ISIN (Regular): INF194K01466
NAV history: From 02-01-2013, 13.8 years

Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Tax on Bandhan Focused Fund returns

Bandhan Focused Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹101.257	30-10-2026
direct	IDCW	₹32.425	30-10-2026
regular	Growth	₹84.595	30-10-2026
regular	IDCW	₹18.115	30-10-2026

About Bandhan Focused Fund

Bandhan Focused Fund is a mutual fund from Bandhan Mutual Fund. Its category is Focused. It was launched on 16-03-2006. Its benchmark is BSE 500 TRI. At the end of August 2026 it held 29 securities.

Fund Manager

Manish Gunwani
Fund manager of Bandhan Focused Fund, since 02-12-2024
Kirthi Jain
Fund manager of Bandhan Focused Fund, since 02-12-2024
Rahul Agarwal
Fund manager of Bandhan Focused Fund, since 02-12-2024
Ritika Behera
Fund manager of Bandhan Focused Fund, since 02-12-2024
Gaurav Satra
Fund manager of Bandhan Focused Fund, since 02-12-2024

See all funds of Bandhan Mutual Fund

AUM change

August 2026: ₹2,093.70 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Bandhan Focused Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Bandhan Focused vs Invesco India FocusedFocused
Bandhan Focused vs ICICI Prudential FocusedFocused
Bandhan Focused vs ITI FocusedFocused
Bandhan Focused vs HDFC FocusedFocused
Bandhan Focused vs SBI FocusedFocused
Bandhan Focused vs PGIM India Large Cap35.0% overlap
Bandhan Focused vs Motilal Oswal Large Cap33.3% overlap
Bandhan Focused vs Baroda BNP Paribas Large Cap31.9% overlap

Compare with any other fund

Frequently Asked Questions for Bandhan Focused Fund

What is the current NAV of Bandhan Focused Fund?

The Direct plan NAV is ₹101.257. The Regular plan NAV is ₹84.595, as on 30-10-2026.

What are the returns of Bandhan Focused Fund?

The Direct plan returned −5.46% in 1 year, +14.34% a year over 3 years, +10.58% a year over 5 years. The Regular plan returned −6.66% in 1 year, +12.88% a year over 3 years, +9.16% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Bandhan Focused Fund?

The Direct plan charges 1.02% a year. The Regular plan charges 2.28% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.

What is the AUM of Bandhan Focused Fund?

Bandhan Focused Fund managed ₹2,093.70 Cr on 31-08-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Bandhan Focused Fund?

At the end of August 2026 the largest holdings were LTFOODS (9.04%), PRESTIGE (6.71%), HDFCBANK (6.22%), CHOLAHLDNG (5.80%), GLENMARK (5.60%). The fund held 29 securities in all.

How do I invest in Bandhan Focused Fund?

Through Bandhan Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Bandhan Focused Fund?

Manish Gunwani (since 02-12-2024), Kirthi Jain (since 02-12-2024), Rahul Agarwal (since 02-12-2024), Ritika Behera (since 02-12-2024), Gaurav Satra (since 02-12-2024).

What is the exit load of Bandhan Focused Fund?

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.