Bandhan Retirement Fund is a mutual fund run by Bandhan Mutual Fund. On 31-08-2026, it managed ₹182 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.1% a year and its Regular plan returned 7.3% a year.
NAV (Direct plan)
₹12.80
▲ 0.41% · 30-10-2026
NAV (Regular plan)
₹12.17
▲ 0.40% · 30-10-2026
Expense ratio
1.03%Direct2.62%Regular
1.03%
A year
Riskometer
Very High
Set by the fund house
3 year return
9.1%Direct7.3%Regular
9.1%
A year
Bandhan Retirement Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹12.80 (up 0.41% that day); Regular Plan Growth ₹12.17 (up 0.40% that day).
This fund (Direct plan)
₹12.796
Bandhan Retirement Fund Returns
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)
+0.47%
−3.64%
−1.17%
−3.52%
+9.08%
--
--
This fund (Regular)
+0.34%
−4.03%
−1.97%
−5.08%
+7.28%
--
--
Category average
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Best in category
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Worst in category
--
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Rank in category
--
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is CRISIL Hybrid 50+50 - Moderate Index. Returns of that index are not available to us.
Bandhan Retirement Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−4.29%
−5.58%
2025
+8.38%
+6.62%
2024
+14.67%
+12.76%
Bandhan Retirement 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 1-year holding period, plotted on the day it ended. There are 506 periods, one for each trading day from 21-10-2024 to 30-10-2026.
−5%0%5%10%15%20%25%30%
Bandhan Retirement Fund (Direct)
Dec 2023 to Dec 2024Apr 2024 to Apr 2025Aug 2024 to Aug 2025Dec 2024 to Dec 2025May 2025 to May 2026Aug 2025 to Aug 2026
Bandhan Retirement Fund (Direct)
7%
Below 0%
34%
0-5%
42%
5-10%
8%
10-15%
5%
15-20%
4%
20-25%
1%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
506
6.1%
−4.5%
25.5%
7%
2 years
256
5.8%
−0.4%
16.2%
2%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
25
5.6%
−9.0%
27.4%
20%
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. Past returns do not promise future returns.
Bandhan Retirement Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Bandhan Retirement Fund (Direct)This fund
Return (CAGR)
−3.52%
Standard deviation
8.91%
Sharpe ratio
-0.98
Sortino ratio
-1.32
Maximum drawdown
−9.8%
(30-03-2026)
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.
Measure
Bandhan Retirement Fund (Direct)This fund
Return (CAGR)
+9.08%
Standard deviation
8.35%
Sharpe ratio
0.37
Sortino ratio
0.50
Maximum drawdown
−9.8%
(30-03-2026)
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.
Measure
Bandhan Retirement Fund (Direct)This fund
Return (CAGR)
+8.50%
Standard deviation
8.34%
Sharpe ratio
0.30
Sortino ratio
0.40
Maximum drawdown
−9.8%
(30-03-2026)
From daily NAVs, 19-10-2023 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.
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.
−10%−8%−6%−4%−2%0%
Bandhan Retirement Fund (Direct)
202420252026
Bandhan Retirement Fund (Direct)
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Bandhan Retirement Fund (Direct)
−9.8%
02-01-2026
30-03-2026
Not yet
--
−5.0%
From the Direct plan's daily NAV since 19-10-2023, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
Bandhan Retirement Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.73%
0.04%
0.01%
0.25%
1.03%
Regular
2.10%
0.04%
0.01%
0.47%
2.62%
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.
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
−5.08%
−3.52%
1.56%
₹94,920
₹96,480
3 years
7.28%
9.08%
1.80% a year
₹1,23,469
₹1,29,788
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 Retirement 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
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 19-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planBandhan Retirement Fund (Direct)
₹3,70,000
₹3,87,963
₹17,963
3.0%
Regular planBandhan Retirement Fund (Regular)
₹3,70,000
₹3,77,732
₹7,732
1.3%
₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L
Direct planBandhan Retirement Fund (Direct)
Regular planBandhan Retirement Fund (Regular)
Amount invested
202420252026
Direct planBandhan Retirement Fund (Direct)Regular planBandhan Retirement Fund (Regular)Amount invested
From each plan's published NAV (Growth option), 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 Retirement Fund Asset Allocation
Asset allocation as on 31-08-2026
What the fund holds
72.1%Equity
Asset
Fund
Equity
72.1%
Debt
21.3%
Cash and others
6.6%
Market cap of stocks
Market cap
Fund
Large Cap
56.2%
Mid Cap
11.1%
Small Cap
4.8%
Share of the whole fund. 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.
Credit rating
Bonds and money market papers by credit rating, % of the fund.
Rating
Fund
Sovereign
21.3%
Bandhan Retirement Fund Sector Allocation
Sector allocation of the fund's stocks as on 31-08-2026
Largest sectors
Banks16.7%
Telecom - Services5.5%
Petroleum Products5.1%
Consumer Durables4.9%
Construction3.8%
IT - Software3.8%
Electrical Equipment3.6%
Automobiles3.4%
Finance2.9%
Retailing2.8%
The ten largest of 28 sectors. The other 18 add up to 19.8%.
Bandhan Retirement Fund Portfolio Holdings
As on 31-08-2026 · 55 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
7.3% GOI (MD 19/06/2053) · Government security
SOVEREIGN
21.31%
Bharti Airtel Limited
Telecom - Services
5.45%
Reliance Industries Limited
Petroleum Products
5.08%
ICICI Bank Limited
Banks
4.80%
HDFC Bank Limited
Banks
4.09%
Titan Company Limited
Consumer Durables
3.91%
Larsen & Toubro Limited
Construction
3.81%
Kotak Mahindra Bank Limited
Banks
3.76%
Hitachi Energy India Limited
Electrical Equipment
2.75%
State Bank of India
Banks
2.16%
Axis Bank Limited
Banks
1.93%
Maruti Suzuki India Limited
Automobiles
1.79%
Info Edge (India) Limited
Retailing
1.69%
Infosys Limited
IT - Software
1.63%
Hindalco Industries Limited
Non - Ferrous Metals
1.57%
ITC Limited
Diversified FMCG
1.40%
Tata Consultancy Services Limited
IT - Software
1.32%
Jindal Steel Limited
Ferrous Metals
1.31%
Hero MotoCorp Limited
Automobiles
1.26%
Max Financial Services Limited
Insurance
1.25%
Bajaj Finance Limited
Finance
1.16%
Cholamandalam Investment and Finance Company Ltd
Finance
1.15%
NHPC Limited
Power
1.09%
Eternal Limited
Retailing
1.08%
Vishnu Chemicals Limited
Chemicals & Petrochemicals
1.08%
Berger Paints (I) Limited
Consumer Durables
0.96%
Coal India Limited
Consumable Fuels
0.95%
Cipla Limited
Pharmaceuticals & Biotechnology
0.86%
United Spirits Limited
Beverages
0.82%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.81%
Star Health And Allied Insurance Company Limited
Insurance
0.78%
Lupin Limited
Pharmaceuticals & Biotechnology
0.76%
Exide Industries Limited
Auto Components
0.73%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
0.61%
HDFC Life Insurance Company Limited
Insurance
0.60%
Jindal Stainless Limited
Ferrous Metals
0.58%
Mahindra & Mahindra Financial Services Limited
Finance
0.55%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
0.53%
InterGlobe Aviation Limited
Transport Services
0.53%
Colgate Palmolive (India) Limited
Personal Products
0.52%
Sonata Software Limited
IT - Software
0.48%
Dabur India Limited
Personal Products
0.46%
Lodha Developers Limited
Realty
0.43%
UNO Minda Limited
Auto Components
0.42%
Varun Beverages Limited
Beverages
0.40%
Emami Limited
Personal Products
0.38%
Dhanuka Agritech Limited
Fertilizers & Agrochemicals
0.37%
Sobha Limited
Realty
0.34%
Tata Motors Passenger Vehicles Limited
Automobiles
0.34%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.32%
Wipro Limited
IT - Software
0.32%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
0.28%
Neogen Chemicals Limited
Chemicals & Petrochemicals
0.20%
Zee Entertainment Enterprises Limited
Entertainment
0.13%
GAIL (India) Limited
Gas
0.08%
Bandhan Retirement 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.
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 Retirement Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.03%
Expense ratio (Regular)
2.62%
Category
Solution
Risk
Very High
Benchmark
CRISIL Hybrid 50+50 - Moderate Index
Launch date
13-10-2023
Minimum investment
₹1,000
Minimum additional investment
Not available
AUM
₹181.88 Cr (31-08-2026)
Lock in
5 years, or until retirement if earlier
Scheme code (Direct)
152102
ISIN (Direct)
INF194KB1GU2
Scheme code (Regular)
152103
ISIN (Regular)
INF194KB1GN7
NAV history
From 19-10-2023, 3.0 years
Exit load
Nil
Tax on Bandhan Retirement Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
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
₹12.796
30-10-2026
direct
IDCW
₹12.786
30-10-2026
regular
Growth
₹12.168
30-10-2026
regular
IDCW
₹12.169
30-10-2026
About Bandhan Retirement Fund
Bandhan Retirement Fund is a mutual fund from Bandhan Mutual Fund. Its category is Solution. It was launched on 13-10-2023. Its benchmark is CRISIL Hybrid 50+50 - Moderate Index. At the end of August 2026 it held 55 securities.
Fund Manager
Vishal Biraia
Fund manager of Bandhan Retirement Fund, since 24-01-2024
Gautam Kaul
Fund manager of Bandhan Retirement Fund, since 19-10-2023
Viraj Kulkarni
Fund manager of Bandhan Retirement Fund, since 02-12-2024
Ritika Behera
Fund manager of Bandhan Retirement Fund, since 02-12-2024
Gaurav Satra
Fund manager of Bandhan Retirement Fund, since 02-12-2024
Brijesh Shah
Fund manager of Bandhan Retirement Fund, since 02-12-2024
Frequently Asked Questions for Bandhan Retirement Fund
What is the current NAV of Bandhan Retirement Fund?
The Direct plan NAV is ₹12.796. The Regular plan NAV is ₹12.168, as on 30-10-2026.
What are the returns of Bandhan Retirement Fund?
The Direct plan returned −3.52% in 1 year, +9.08% a year over 3 years. The Regular plan returned −5.08% in 1 year, +7.28% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of Bandhan Retirement Fund?
The Direct plan charges 1.03% a year. The Regular plan charges 2.62% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Bandhan Retirement Fund?
Bandhan Retirement Fund managed ₹181.88 Cr on 31-08-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Bandhan Retirement Fund?
At the end of August 2026 the largest holdings were 7.3% GOI (MD 19/06/2053) (21.31%), BHARTIARTL (5.45%), RELIANCE (5.08%), ICICIBANK (4.80%), HDFCBANK (4.09%). The fund held 55 securities in all.
How do I invest in Bandhan Retirement 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 Retirement Fund?
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.
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