Bandhan Aggressive Hybrid Fund vs JM Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Aggressive Hybrid Fund and JM Aggressive Hybrid Fund are both Aggressive Hybrid funds. In the 3 years to 30-10-2026, Bandhan Aggressive Hybrid Fund (Direct) returned 14.3% a year and JM Aggressive Hybrid Fund (Direct) returned 11.8% a year. Bandhan Aggressive Hybrid Fund charges 0.87% a year and JM Aggressive Hybrid Fund 1.16% (Direct plans). Their portfolios overlap 24.7%: they hold 21 of the same securities.
Bandhan Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 14.3%
- Expense ratio
- 0.87%
- NAV
- ₹31.10
JM Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 11.8%
- Expense ratio
- 1.16%
- NAV
- ₹134.15
Which is better, Bandhan Aggressive Hybrid or JM Aggressive Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JM Aggressive Hybrid returned more over 5 years: 12.1% a year against 10.9%.
- Bandhan Aggressive Hybrid returned more over 3 years: 14.3% a year against 11.8%.
- Bandhan Aggressive Hybrid costs less: 0.87% a year against 1.16% (Direct plans).
- Bandhan Aggressive Hybrid swung less over 3 years: a standard deviation of 11.9% a year against 12.5%.
- Bandhan Aggressive Hybrid fell less in its worst fall since 02-01-2017: −31.6% against −36.6%.
- Bandhan Aggressive Hybrid holds more in large companies: 55.0% of the fund in large caps against 43.2%.
- Bandhan Aggressive Hybrid is the larger fund: ₹2,610 Cr against ₹654 Cr.
- Their portfolios overlap 24.7%: 21 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Aggressive Hybrid Fund | JM Aggressive Hybrid Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | JM Financial Mutual Fund |
| Category | Aggressive Hybrid | Aggressive Hybrid |
| AUM | ₹2,610 Cr (31-08-2026) | ₹654 Cr (30-09-2026) |
| NAV | ₹31.10 (Direct) | ₹134.15 (Direct) |
| Expense ratio (Direct) | 0.87% | 1.16% |
| Expense ratio (Regular) | 2.24% | 2.69% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | CRISIL Hybrid 35+65 - Aggressive Index |
| Launch date | 30-12-2016 | 01-04-1995 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Harshal Joshi, Prateek Poddar | Asit Bhandarkar, Satish Ramanathan, Deepak Gupta, Ruchi Fozdar |
| Exit load | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 12 months. | 1.00% of NAV on all investment (including SIP/ STP/ SWP) transactions, if redeemed / switched-out within 60 days of transfer/ allotment of units in normal transactions/ allotment of units of respective installments in SIP/ STP/ SWP transactions |
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bandhan Aggressive Hybrid Fund (Direct) | −0.21% | −2.41% | +2.77% | +1.12% | +14.34% | +10.86% | -- |
| JM Aggressive Hybrid Fund (Direct) | −1.58% | −3.18% | +1.49% | −5.13% | +11.76% | +12.14% | +12.55% |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: Year-wise Returns
| Year | BandhanBandhan Aggressive Hybrid | JMJM Aggressive Hybrid |
|---|---|---|
| 2026to date | +1.29% | −2.73% |
| 2025 | +9.12% | −1.55% |
| 2024 | +22.57% | +29.28% |
| 2023 | +21.95% | +35.47% |
| 2022 | +0.22% | +9.13% |
| 2021 | +32.44% | +23.91% |
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,693 of them, one for each trading day from 02-01-2020 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bandhan Aggressive Hybrid Fund (Direct)
JM Aggressive Hybrid Fund (Direct)
to
Jul 2020Sept 2018
to
Sept 2021Nov 2019
to
Nov 2022Jan 2021
to
Jan 2024Mar 2022
to
Mar 2025Apr 2023
to
Apr 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Aggressive Hybrid | 5.1 | 5.8 | 8.9 | 23.2 | 49.0 | 7.5 | 0.5 | 13.9% | 15.5% | −6.0% | 28.0% |
| JM Aggressive Hybrid | 4.6 | 8.1 | 3.9 | 17.6 | 16.9 | 35.6 | 13.2 | 17.0% | 19.7% | −9.1% | 34.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 02-01-2017. Past returns do not promise future returns.
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2017 to 30-10-2026: 118 instalments, ₹11,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Aggressive HybridBandhan Aggressive Hybrid Fund (Direct) | ₹11,80,000 | ₹22,97,363 | ₹11,17,363 | 13.0% |
| JM Aggressive HybridJM Aggressive Hybrid Fund (Direct) | ₹11,80,000 | ₹24,04,696 | ₹12,24,696 | 13.9% |
Bandhan Aggressive HybridBandhan Aggressive Hybrid Fund (Direct)
JM Aggressive HybridJM Aggressive Hybrid Fund (Direct)
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 Aggressive Hybrid vs JM Aggressive Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Aggressive Hybrid Fund (Direct) | JM Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.12% | −5.13% |
| Standard deviation | 11.61% | 12.70% |
| Sharpe ratio | -0.36 | -0.82 |
| Sortino ratio | -0.48 | -1.09 |
| Maximum drawdown | −10.3% (30-03-2026) | −13.7% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Aggressive Hybrid Fund (Direct) | JM Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.34% | +11.76% |
| Standard deviation | 11.86% | 12.46% |
| Sharpe ratio | 0.70 | 0.46 |
| Sortino ratio | 0.95 | 0.63 |
| Maximum drawdown | −13.4% (28-02-2025) | −17.0% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Aggressive Hybrid Fund (Direct) | JM Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.86% | +12.14% |
| Standard deviation | 11.50% | 12.06% |
| Sharpe ratio | 0.44 | 0.53 |
| Sortino ratio | 0.59 | 0.71 |
| Maximum drawdown | −15.5% (20-06-2022) | −17.0% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Aggressive Hybrid Fund (Direct) | JM Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.22% | +12.88% |
| Standard deviation | 12.27% | 13.91% |
| Sharpe ratio | 0.56 | 0.49 |
| Sortino ratio | 0.75 | 0.70 |
| Maximum drawdown | −31.6% (23-03-2020) | −36.6% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2017 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 and alpha compare each fund with its own benchmark's TRI.
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.
Bandhan Aggressive Hybrid Fund (Direct)
JM Aggressive Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Aggressive Hybrid Fund (Direct) | −31.6% | 13-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −4.7% |
| JM Aggressive Hybrid Fund (Direct) | −36.6% | 03-06-2019 | 23-03-2020 | 23-10-2020 | 7 months | −8.8% |
From daily values since 02-01-2017, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Aggressive Hybrid Fund (Direct)
JM Aggressive Hybrid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Aggressive Hybrid Fund (Direct)
JM Aggressive Hybrid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Aggressive Hybrid Fund (Direct)
JM Aggressive Hybrid Fund (Direct)
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Aggressive Hybrid Fund, August 2026; JM Aggressive Hybrid Fund, September 2026
Holdings in common
- Overlap
- 24.7%
- Held by both
- 21
- Only in Bandhan Aggressive Hybrid
- 87
- Only in JM Aggressive Hybrid
- 60
| Security | % of Bandhan Aggressive Hybrid | % of JM Aggressive Hybrid |
|---|---|---|
| Reliance Industries Limited | 3.80% | 2.21% |
| Eternal Limited | 2.14% | 2.94% |
| ICICI Bank Limited | 5.77% | 2.03% |
| Mahindra & Mahindra Limited | 2.15% | 1.94% |
| One 97 Communications Limited | 1.73% | 3.80% |
| HDFC Bank Limited | 4.44% | 1.68% |
| Axis Bank Limited | 1.84% | 1.57% |
| NTPC Limited | 2.77% | 1.55% |
| Larsen & Toubro Limited | 2.06% | 1.43% |
| Bharti Airtel Limited | 1.34% | 2.71% |
| Tech Mahindra Limited | 1.09% | 1.46% |
| JSW Steel Limited | 1.96% | 1.07% |
| GE Vernova T&D India Limited | 0.74% | 1.09% |
| RBL Bank Limited | 0.70% | 1.75% |
| Kotak Mahindra Bank Limited | 0.67% | 2.42% |
| Adani Ports and Special Economic Zone Limited | 0.66% | 1.69% |
| 7.48% National Bank For Agriculture and Rural Development | 1.60% | 0.61% |
| Bajaj Auto Limited | 0.51% | 0.73% |
| Torrent Pharmaceuticals Limited | 0.50% | 1.95% |
| Multi Commodity Exchange of India Limited | 0.27% | 2.09% |
| PG Electroplast Limited | 0.23% | 1.38% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.7% means 24.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bandhan Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| State Bank of India | 3.14% |
| 7.07% Bajaj Finance Limited | 2.82% |
| 7.3% GOI (MD 19/06/2053) | 2.04% |
| Infosys Limited | 2.03% |
| Bajaj Finserv Limited | 1.98% |
Largest holdings only in JM Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 6.94% GOI 11-May-2036 | 2.67% |
| Bajaj Finance Limited | 2.63% |
| 6.36% GOI 16-Feb-2031 | 2.29% |
| Apollo Hospitals Enterprise Limited | 2.13% |
| Ujjivan Small Finance Bank Limited | 2.00% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Aggressive Hybrid | JM Aggressive Hybrid |
|---|---|---|
| Equity | 79.6% | 77.8% |
| Debt | 18.6% | 19.9% |
| Cash and others | 1.8% | 2.3% |
Market cap of stocks
| Market cap | Bandhan Aggressive Hybrid | JM Aggressive Hybrid |
|---|---|---|
| Large Cap | 55.0% | 43.2% |
| Mid Cap | 10.8% | 16.7% |
| Small Cap | 13.5% | 16.6% |
| Not on AMFI's list | 0.4% | 1.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bandhan Aggressive Hybrid | JM Aggressive Hybrid |
|---|---|---|
| Banks | 16.6% | 12.4% |
| Finance | 4.4% | 5.6% |
| Retailing | 3.8% | 5.2% |
| Pharmaceuticals & Biotechnology | 5.0% | 1.9% |
| Capital Markets | 1.1% | 4.5% |
| Automobiles | 4.2% | 3.9% |
| IT - Software | 4.2% | 2.8% |
| Financial Technology (Fintech) | 1.7% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Aggressive Hybrid vs JM Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Aggressive Hybrid Fund | JM Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.87% | 1.16% |
| Base expense ratio (Direct) | 0.51% | 0.75% |
| Total expense ratio (Regular) | 2.24% | 2.69% |
| Base expense ratio (Regular) | 1.69% | 2.06% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bandhan Aggressive Hybrid with
Bandhan Aggressive Hybrid Fund vs JM Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between Bandhan Aggressive Hybrid Fund and JM Aggressive Hybrid Fund?
Both are Aggressive Hybrid funds, run by Bandhan Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 24.7%. Bandhan Aggressive Hybrid Fund charges 0.87% a year and JM Aggressive Hybrid Fund 1.16%.
Which has given higher returns, Bandhan Aggressive Hybrid Fund or JM Aggressive Hybrid Fund?
Over 1 year: Bandhan Aggressive Hybrid Fund +1.12%, JM Aggressive Hybrid Fund −5.13%. Over 3 years: Bandhan Aggressive Hybrid Fund +14.34% a year, JM Aggressive Hybrid Fund +11.76% a year. Over 5 years: Bandhan Aggressive Hybrid Fund +10.86% a year, JM Aggressive Hybrid Fund +12.14% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Aggressive Hybrid Fund or JM Aggressive Hybrid Fund?
Bandhan Aggressive Hybrid Fund charges less: 0.87% a year against 1.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Aggressive Hybrid Fund and JM Aggressive Hybrid Fund overlap?
24.7%. They hold 21 of the same securities, the largest shared ones being RELIANCE, ETERNAL, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Aggressive Hybrid Fund or JM Aggressive Hybrid Fund?
On SEBI's riskometer, Bandhan Aggressive Hybrid Fund is rated Very High and JM Aggressive Hybrid Fund Very High. Over 3 years, the standard deviation of daily returns was 11.86% and 12.46% a year.
Which is better for SIP, Bandhan Aggressive Hybrid Fund or JM Aggressive Hybrid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,22,179 in Bandhan Aggressive Hybrid Fund (XIRR 11.7% a year) and ₹7,99,769 in JM Aggressive Hybrid Fund (XIRR 10.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Aggressive Hybrid Fund and JM Aggressive Hybrid Fund?
Yes. 24.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Aggressive Hybrid Fund and JM Aggressive Hybrid Fund?
Bandhan Aggressive Hybrid Fund: Harshal Joshi, Prateek Poddar. JM Aggressive Hybrid Fund: Asit Bhandarkar, Satish Ramanathan, Deepak Gupta, Ruchi Fozdar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.