Bandhan Multi Asset Allocation Fund

Q: What are the returns of this mutual fund scheme?

The Bandhan Multi Asset Allocation Fund is a 2 yrs old fund and has delivered average annual returns of 16.72% since inception. Bandhan Multi Asset Allocation Fund Returns 1-Year Since Inception 20.21% 16.72%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.6572-2.44% 1 day change	16.72% p.a.	App exclusive #NA View Ranked Funds	₹2,702 Cr

Historical NAV & returns

NAV: ₹13.6572 as on Feb 02, 2026

This fund Category average

Bandhan Multi Asset Allocation Fund overview

AUM (Fund size)	₹2,702 Cr
Exit load	0.5% Exit Load for units in excess of 10% of the investment,0.5% will be charged for redemption within 1 year.!
Lock-in Period	Nil
Age	2 yrs since Jan 10, 2024
Benchmark	NA
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	1.83% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

Bandhan Multi Asset Allocation Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.84%	-1.28%
3 Months	4.55%	1.97%
6 Months	10.58%	7.46%
1 Year	20.21%	15.15%
2 Years	16.69%	13.29%

Asset allocationas on Dec 31, 2025

Large Cap 32.23%

Mid Cap 14.08%

Small Cap 12.93%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.42%

Reliance Industries Ltd.4.3%

ICICI Bank Ltd.2.72%

Axis Bank Ltd.1.92%

Top sectors

Financial 18.610000000000003%

Energy 7.5200000000000005%

Services 6.97%

Healthcare 5.25%

Cash 15.30441228%

Cash & Call Money 6.62944197%

SOV 5.26374703%

Others 2.3312E-4%

Top Debt Holdings

GOI 5.26%

Allocation by Instruments

Cash Margin 15.30441228%

Mutual Fund 13.56061898%

Foreign Mutual Funds 8.29327524%

Reverse Repo 7.33722773%

Other Holdings

iShares MSCI ACWI UCITS ETF USD (Acc) 8.29%

Others 7.34%

ICICI Prudential Gold Exchange Traded Fund 6.61%

ICICI Prudential Silver ETF - Growth 6.48%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Multi Asset Allocation Fund	-0.84%	10.58%	20.21%	N.A.	N.A.	N.A.
Kotak Multi Asset Omni FoF	-2.32%	8.57%	15.67%	18.57%	17.86%	15.67%
ICICI Prudential Multi Asset Fund	-2.24%	7.19%	13.88%	18.83%	20.12%	16.92%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.12%	1.91%	8.8%	13.07%	12.16%	12.75%
Nippon India Multi Asset Allocation Fund	-0.67%	10.8%	21.44%	20.35%	16.22%	9.24%
SBI Multi Asset Allocation Fund	-0.54%	10.45%	18.95%	18.98%	14.67%	11.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Multi Asset Allocation Fund	N.A.	N.A.	N.A.	N.A.
Kotak Multi Asset Omni FoF	7.92	0.88	1.66	2.01
ICICI Prudential Multi Asset Fund	6.64	0.7	1.82	2.76
ICICI Prudential Dynamic Asset Allocation Active FoF	5.32	0.54	1.25	1.78
Nippon India Multi Asset Allocation Fund	7.41	0.81	1.91	2.71
SBI Multi Asset Allocation Fund	6.48	0.69	1.9	3.06

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Multi Asset Allocation Fund	N.A.	2,702 Cr	2 yrs	1.83%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	21 yrs 7 m	1.07%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	23 yrs 3 m	1.32%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	22 yrs 2 m	1.3%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	1.36%
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	20 yrs 2 m	1.38%

View all Multi Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Bandhan Multi Asset Allocation Fund in detail with

About this fund

About Bandhan Multi Asset Allocation Fund

Bandhan Multi Asset Allocation Fund is a Multi Asset Allocation mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 2 yrs, having been launched on 10/01/2024. Bandhan Multi Asset Allocation Fund has ₹2,702 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Multi Asset Allocation Fund as of 02/02/2026 is ₹13.66. The fund has an expense ratio of 1.83%, which is higher than what most other Multi Asset Allocation funds charge. Currently, the fund has a 59.24% allocation to equity and 5.26% to Debt.

Bandhan Multi Asset Allocation Fund returns of last 1-year are 19.93%. Since launch, it has delivered 16.79% average annual returns.
The fund's equity portion is primarily invested in Financial, Unclassified, Energy, Services, Healthcare sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has very low credit quality indicating the quality of borrowers it has lent it to is poor.
The fund's top 5 holdings are in iShares MSCI ACWI UCITS ETF USD (Acc), ICICI Prudential Gold Exchange Traded Fund, ICICI Prudential Silver ETF - Growth, GOI, HDFC Bank Ltd..

...

Fund AUM	2,702 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Gautam Kaul

Mr. Kaul is a B.Com (H) and MBA (Finance). Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.

Daylynn Gerard Paul Pinto

Mr. Pinto is a 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.

Viraj Kulkarni

Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance). Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).

Nemish Sheth

Mr. Sheth is a B.Com, PGDM(FINANCE) Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.

Kapil Kankonkar

Bachelor of Engineering, Master of Management Studies. Prior to joining the Bandhan AMC, he was associated with Kotak Securities Ltd, JM Financial Services Ltd,

Investment objective

The Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments.

Bandhan Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	1,99,722 Cr as on Dec 31, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Bandhan Aggressive Hybrid Passive FoF	N.A.	19 Cr	4.85%	10.49%
Bandhan Multi-Asset Passive FoF	N.A.	19 Cr	8.62%	9.64%
Bandhan Balanced Advantage Fund	N.A.	2,309 Cr	5.67%	8.52%
Bandhan Conservative Hybrid Passive FoF	N.A.	6 Cr	7.22%	7.08%
Bandhan Equity Savings Fund	N.A.	399 Cr	5.14%	6.63%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Multi Asset Allocation Fund?

The current Net Asset Value (NAV) of the Bandhan Multi Asset Allocation Fund plan is approximately ₹13.6572 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Bandhan Multi Asset Allocation Fund is a 2 yrs old fund and has delivered average annual returns of 16.72% since inception.

Bandhan Multi Asset Allocation Fund Returns

1-Year	Since Inception
20.21%	16.72%

How much does this mutual fund charge as expense ratio?

The Bandhan Multi Asset Allocation Fund has an expense ratio of 1.83%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bandhan Multi Asset Allocation Fund currently has assets under management (AUM) or fund size valued at approximately 2,702 Cr as on Dec 31, 2025.

What are the top stock holdings of Bandhan Multi Asset Allocation Fund?

The Bandhan Multi Asset Allocation Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.42%
Reliance Industries Ltd.	4.3%
ICICI Bank Ltd.	2.72%
Axis Bank Ltd.	1.92%
NMDC Ltd.	1.59%
Infosys Ltd.	1.51%
Bharti Airtel Ltd.	1.5%
Tata Consultancy Services Ltd.	1.44%
Info Edge (India) Ltd.	1.41%
Kotak Mahindra Bank Ltd.	1.3%

What are the top sectors Bandhan Multi Asset Allocation Fund has invested in?

The Bandhan Multi Asset Allocation Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	18.610000000000003%
Energy	7.5200000000000005%
Services	6.97%
Healthcare	5.25%
Automobile	4.42%
Technology	4.24%
Metals & Mining	3.7800000000000002%
Consumer Staples	3.1100000000000003%
Communication	2.15%
Materials	2.07%

To whom does Bandhan Multi Asset Allocation Fund lend to?

The top 3 debt holdings of Bandhan Multi Asset Allocation Fund are as follows

Holding Name	Percentage of Portfolio
GOI	5.26%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Multi Asset Allocation Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	15.30441228%
Cash & Call Money	6.62944197%
SOV	5.26374703%

What is risk level of Bandhan Multi Asset Allocation Fund?

This is a Multi Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Bandhan Multi Asset Allocation Fund?

Redeeming your investments in the Bandhan Multi Asset Allocation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Multi Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Multi Asset Allocation funds in the last 2 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,0.5% will be charged for redemption within 1 year.