Bandhan Medium to Long Term Fund vs HDFC Medium to Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Medium to Long Term Fund and HDFC Medium to Long Term Fund are both Medium to Long Duration funds. In the 3 years to 30-10-2026, Bandhan Medium to Long Term Fund (Direct) returned 6.8% a year and HDFC Medium to Long Term Fund (Direct) returned 6.5% a year. Bandhan Medium to Long Term Fund charges 0.98% a year and HDFC Medium to Long Term Fund 0.80% (Direct plans). Their portfolios overlap 1.0%: they hold 2 of the same securities.
Bandhan Medium to Long Term Fund
Medium to Long Duration
- 3 year return
- 6.8%
- Expense ratio
- 0.98%
- NAV
- ₹75.01
HDFC Medium to Long Term Fund
Medium to Long Duration
- 3 year return
- 6.5%
- Expense ratio
- 0.80%
- NAV
- ₹66.61
Which is better, Bandhan Medium to Long Term or HDFC Medium to Long Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Medium to Long Term returned more over 5 years: 5.6% a year against 5.3%.
- Bandhan Medium to Long Term returned more over 3 years: 6.8% a year against 6.5%.
- HDFC Medium to Long Term costs less: 0.80% a year against 0.98% (Direct plans).
- Bandhan Medium to Long Term swung less over 3 years: a standard deviation of 2.1% a year against 2.3%.
- Bandhan Medium to Long Term fell less in its worst fall since 02-01-2013: −6.9% against −10.6%.
- HDFC Medium to Long Term is the larger fund: ₹813 Cr against ₹428 Cr.
- Their portfolios overlap 1.0%: 2 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 Medium to Long Term Fund | HDFC Medium to Long Term Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | HDFC Mutual Fund |
| Category | Medium to Long Duration | Medium to Long Duration |
| AUM | ₹428 Cr (30-09-2026) | ₹813 Cr (30-09-2026) |
| NAV | ₹75.01 (Direct) | ₹66.61 (Direct) |
| Expense ratio (Direct) | 0.98% | 0.80% |
| Expense ratio (Regular) | 2.00% | 1.36% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Medium to Long Duration Debt Index A-III | CRISIL Medium to Long Duration Debt A-III Index |
| Launch date | 14-06-2000 | 11-09-2000 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Suyash Choudhary | Anupam Joshi, Gopal Agrawal |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days. | NIL |
Bandhan Medium to Long Term vs HDFC Medium to Long Term: 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 Medium to Long Term Fund (Direct) | +0.01% | +0.38% | +3.29% | +5.36% | +6.83% | +5.29% | +6.50% |
| HDFC Medium to Long Term Fund (Direct) | −0.76% | −1.26% | +1.76% | +2.78% | +6.53% | +5.56% | +5.65% |
| Medium to Long Duration average | −0.59% | −0.88% | +1.83% | +2.86% | +6.52% | +5.71% | +6.19% |
Category average: the average of the 13 Medium to Long Duration funds, same plan type.
Bandhan Medium to Long Term vs HDFC Medium to Long Term: Year-wise Returns
| Year | BandhanBandhan Medium to Long Term | HDFCHDFC Medium to Long Term |
|---|---|---|
| 2026to date | +4.75% | +1.99% |
| 2025 | +4.70% | +6.14% |
| 2024 | +8.66% | +9.33% |
| 2023 | +6.66% | +7.37% |
| 2022 | +1.27% | +2.46% |
| 2021 | +1.90% | +3.22% |
Bandhan Medium to Long Term vs HDFC Medium to Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,627 of them, one for each trading day from 04-01-2016 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 Medium to Long Term Fund (Direct)
HDFC Medium to Long Term Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Medium to Long Term | 0.0 | 14.4 | 71.2 | 14.4 | 0.0 | 0.0 | 0.0 | 7.6% | 7.6% | 2.8% | 13.4% |
| HDFC Medium to Long Term | 0.0 | 11.5 | 76.7 | 11.8 | 0.0 | 0.0 | 0.0 | 7.2% | 6.8% | 3.5% | 14.6% |
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 02-01-2013. Past returns do not promise future returns.
Bandhan Medium to Long Term vs HDFC Medium to Long Term: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Medium to Long TermBandhan Medium to Long Term Fund (Direct) | ₹16,60,000 | ₹27,02,450 | ₹10,42,450 | 6.7% |
| HDFC Medium to Long TermHDFC Medium to Long Term Fund (Direct) | ₹16,60,000 | ₹26,20,807 | ₹9,60,807 | 6.3% |
Bandhan Medium to Long TermBandhan Medium to Long Term Fund (Direct)
HDFC Medium to Long TermHDFC Medium to Long Term 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 Medium to Long Term vs HDFC Medium to Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Medium to Long Term Fund (Direct) | HDFC Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.36% | +2.78% |
| Standard deviation | 2.07% | 2.64% |
| Sharpe ratio | 0.05 | -0.94 |
| Sortino ratio | 0.09 | -1.28 |
| Maximum drawdown | −0.8% (31-08-2026) | −2.3% (23-10-2026) |
| 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 Medium to Long Term Fund (Direct) | HDFC Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.83% | +6.53% |
| Standard deviation | 2.12% | 2.27% |
| Sharpe ratio | 0.38 | 0.22 |
| Sortino ratio | 0.56 | 0.32 |
| Maximum drawdown | −1.9% (29-08-2025) | −2.3% (23-10-2026) |
| 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 Medium to Long Term Fund (Direct) | HDFC Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.29% | +5.56% |
| Standard deviation | 2.37% | 2.28% |
| Sharpe ratio | -0.21 | -0.10 |
| Sortino ratio | -0.29 | -0.14 |
| Maximum drawdown | −3.5% (09-05-2022) | −2.6% (17-06-2022) |
| 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 Medium to Long Term Fund (Direct) | HDFC Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.50% | +6.90% |
| Standard deviation | 3.48% | 3.38% |
| Sharpe ratio | 0.42 | 0.25 |
| Sortino ratio | 0.60 | 0.35 |
| Maximum drawdown | −6.9% (19-08-2013) | −10.6% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 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 Medium to Long Term Fund (Direct)
HDFC Medium to Long Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Medium to Long Term Fund (Direct) | −6.9% | 27-05-2013 | 19-08-2013 | 20-01-2014 | 5 months | −0.6% |
| HDFC Medium to Long Term Fund (Direct) | −10.6% | 27-05-2013 | 19-08-2013 | 23-05-2014 | 9 months | −2.1% |
From daily values since 02-01-2013, 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 Medium to Long Term Fund (Direct)
HDFC Medium to Long Term 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 Medium to Long Term Fund (Direct)
HDFC Medium to Long Term 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 Medium to Long Term Fund (Direct)
HDFC Medium to Long Term Fund (Direct)
Bandhan Medium to Long Term vs HDFC Medium to Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Medium to Long Term Fund, September 2026; HDFC Medium to Long Term Fund, September 2026
Holdings in common
- Overlap
- 1.0%
- Held by both
- 2
- Only in Bandhan Medium to Long Term
- 19
- Only in HDFC Medium to Long Term
- 32
| Security | % of Bandhan Medium to Long Term | % of HDFC Medium to Long Term |
|---|---|---|
| 7.24% GOI (MD 18/08/2055) | 0.67% | 11.68% |
| Corporate Debt Market Development Fund Class A2 | 0.35% | 0.34% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 1.0% means 1.0% 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 Medium to Long Term Fund
| Security | % of fund |
|---|---|
| 7.85% Bajaj Finance Limited | 5.81% |
| 7.48% National Bank For Agriculture and Rural Development | 5.81% |
| 7.46% Indian Railway Finance Corporation Limited | 5.81% |
| 7.14% Export Import Bank of India | 5.76% |
| Canara Bank | 5.74% |
Largest holdings only in HDFC Medium to Long Term Fund
| Security | % of fund |
|---|---|
| REC Limited. | 6.11% |
| Small Industries Development Bank | 6.02% |
| 6.9% GOI MAT 150465 | 4.97% |
| 7.23% GOI MAT 150439 | 4.91% |
| HDB Financial Services Ltd. | 4.30% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Medium to Long Term | HDFC Medium to Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 56.7% | 94.3% |
| Cash and others | 43.3% | 5.7% |
Bandhan Medium to Long Term vs HDFC Medium to Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Medium to Long Term Fund | HDFC Medium to Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.98% | 0.80% |
| Base expense ratio (Direct) | 0.81% | 0.68% |
| Total expense ratio (Regular) | 2.00% | 1.36% |
| Base expense ratio (Regular) | 1.68% | 1.17% |
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 Medium to Long Term with
Bandhan Medium to Long Term Fund vs HDFC Medium to Long Term Fund: Frequently Asked Questions
What is the difference between Bandhan Medium to Long Term Fund and HDFC Medium to Long Term Fund?
Both are Medium to Long Duration funds, run by Bandhan Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 1.0%. Bandhan Medium to Long Term Fund charges 0.98% a year and HDFC Medium to Long Term Fund 0.80%.
Which has given higher returns, Bandhan Medium to Long Term Fund or HDFC Medium to Long Term Fund?
Over 1 year: Bandhan Medium to Long Term Fund +5.36%, HDFC Medium to Long Term Fund +2.78%. Over 3 years: Bandhan Medium to Long Term Fund +6.83% a year, HDFC Medium to Long Term Fund +6.53% a year. Over 5 years: Bandhan Medium to Long Term Fund +5.29% a year, HDFC Medium to Long Term Fund +5.56% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Medium to Long Term Fund or HDFC Medium to Long Term Fund?
HDFC Medium to Long Term Fund charges less: 0.80% a year against 0.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Medium to Long Term Fund and HDFC Medium to Long Term Fund overlap?
1.0%. They hold 2 of the same securities, the largest shared ones being 7.24% GOI (MD 18/08/2055), Corporate Debt Market Development Fund Class A2. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Medium to Long Term Fund or HDFC Medium to Long Term Fund?
On SEBI's riskometer, Bandhan Medium to Long Term Fund is rated Moderate and HDFC Medium to Long Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 2.12% and 2.27% a year.
Which is better for SIP, Bandhan Medium to Long Term Fund or HDFC Medium to Long Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,08,844 in Bandhan Medium to Long Term Fund (XIRR 5.9% a year) and ₹7,04,505 in HDFC Medium to Long Term Fund (XIRR 5.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Medium to Long Term Fund and HDFC Medium to Long Term Fund?
Yes. 1.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Bandhan Medium to Long Term Fund and HDFC Medium to Long Term Fund?
Bandhan Medium to Long Term Fund: Suyash Choudhary. HDFC Medium to Long Term Fund: Anupam Joshi, Gopal Agrawal.
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.