Bandhan Value Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 10, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Bandhan Value Fund Direct Growth Plan currently has a NAV of ₹166.111 as of 09 Sep 2026, with an AUM of ₹10,051 Cr. Its 1-year, 3-year and 5-year returns are 0.39%, 9.74% and 12.94%, and the scheme sits in the High Risk bucket. Our view is that this is a fund for investors who can accept meaningful volatility in exchange for a value-oriented equity approach that has still delivered a steadier long-term pattern than its most recent year.
The fund’s recent return profile is softer than its 3-year and 5-year record, so the short-term stretch looks more muted than the longer compounding trend. That makes the fund more suitable for patient investors who want a large-cap-heavy equity holding and are comfortable with uneven near-term behaviour.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹166.111 as of 09 Sep 2026 |
| AUM | ₹10,051 Cr |
| Expense Ratio | 0.69% |
| Launch Date | 01 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | Nil upto 10% of investment and 1% for remaining investment on or before 365D, Nil after 365D |
| Fund Managers | Daylynn Pinto |
The fund is managed by Daylynn Pinto.
Source data date: as of 09 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -3.44% | -4.69% |
| 3M | 2.77% | 0.93% |
| 1Y | 0.39% | -7.16% |
| 3Y | 9.74% | 6% |
| 5Y | 12.94% | 5.87% |
Over the latest month, the fund declined, but it still did better than the benchmark’s own fall. The three-month picture is stronger, with the fund recovering more than the index and showing a bit more resilience through the recent stretch.
The one-year result is the clearest positive comparison: the fund is slightly above flat while the benchmark is meaningfully lower over the same period. That said, the recent year also shows why this scheme should not be read as a smooth defensive equity option. Its path has been uneven, and the shorter-term swings matter for anyone watching near-term outcomes.
Across three and five years, the fund’s compounding has stayed ahead of the benchmark. The 3-year return is stronger by a noticeable margin, and the 5-year gap is wider still, which points to better long-run participation in the equity market than the index in this window. Our read is that the fund has preserved a longer-term edge, even though the latest 12 months have been comparatively subdued.
The pattern suggests a fund that can recover, but not one that moves in a straight line. Investors evaluating it should focus more on multi-year holding periods than on short-run momentum.
Source data date: as of 09 Sep 2026
Should you BUY or HOLD Bandhan Value?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Bandhan Value? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Bandhan Value Fund Direct Growth Plan | 0.39% | 9.74% | 12.94% |
| Quant Value Fund Direct Growth Plan | 22.09% | 20.52% | Data not available |
| LIC MF Value Fund Direct Growth Plan | 22.04% | 17.1% | 14.06% |
| Aditya Birla SL Value Fund Direct Growth Plan | 16.16% | 14.7% | 15% |
| Mahindra Manulife Value Fund Direct Growth Plan | 13.96% | Data not available | Data not available |
| Axis Value Fund Direct Growth Plan | 10.68% | 18.03% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the one-year view, the fund trails the stronger peer numbers by a wide margin, even though it has stayed ahead of the benchmark in the same period. That tells us the recent stretch is not as compelling as the better peer outcomes.
Over three and five years, the picture improves. The fund’s 3-year return is below several available peer figures, but its 5-year return is respectable and better than one available peer in the table. The short-term comparison and the longer-term comparison therefore tell slightly different stories: the recent year looks weak against peers, while the multi-year record remains more balanced.
Source data date: as of 09 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| HDFC Bank Limited | Bank | 7.89% |
| Reliance Industries Limited | Crude Oil | 6.51% |
| Kotak Mahindra Bank Limited | Bank | 5.82% |
| Triparty Repo TRP_030826 | Cash & Cash Equivalents and Net Assets | 4.89% |
| ICICI Bank Limited | Bank | 4.28% |
| Tata Consultancy Services Limited | IT | 4% |
| Infosys Limited | IT | 3.49% |
| Axis Bank Limited | Bank | 3.06% |
| Maruti Suzuki India Limited | Automobile & Ancillaries | 2.56% |
| Bharti Airtel Limited | Telecom | 2.35% |
The top 10 holdings account for approximately 44.85% of the portfolio.
To see all holdings, visit the Bandhan Value Fund Direct Growth Plan page
This portfolio is led by HDFC Bank Limited at 7.89%, followed by Reliance Industries Limited at 6.51% and Kotak Mahindra Bank Limited at 5.82%. The largest position is meaningful, but it is not dominant on its own, which suggests the fund is not built around a single stock call.
The weight then steps down gradually through the top 10. By the tenth holding, the weight is 2.35%, so the portfolio still retains several mid-sized positions rather than a very sharp concentration at the top. That pattern can mean individual holdings may matter, but no single name appears to control the visible sleeve of the portfolio.
With 44.85% in the top 10 and 53 disclosed holdings overall, the visible allocation looks moderately concentrated near the top and more distributed further down the book. That mix may allow the fund to express a value view while still avoiding extreme dependence on just a few positions.
Source data date: as of 09 Sep 2026
Who should invest
This fund fits investors who can handle High Risk equity swings and stay invested long enough for the strategy to play out. The 1-year result is modest, but the 3-year and 5-year figures are sturdier, and both sit above the benchmark over the same horizons.
That makes the scheme more suitable for a medium-to-long holding period than for someone looking for smooth short-term outcomes. The main trade-off is clear: you accept uneven recent performance and market volatility in exchange for a value-style equity fund that has shown better multi-year compounding than its benchmark.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load applies as nil up to 10% of the investment and 1% for the remaining investment if units are sold on or before 365 days. After 365 days, there is no exit load.
Source data date: as of 09 Sep 2026
Frequently asked questions
What is the current NAV of Bandhan Value Fund Direct Growth Plan?
The current NAV is ₹166.111 as of 09 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 0.39% over 1 year, 9.74% over 3 years and 12.94% over 5 years.
How does the fund compare with the benchmark?
It has done better than the Nifty 50 over 1 year, 3 years and 5 years. The recent month was also less weak than the benchmark’s month.
How does it compare with other value funds in the peer table?
The one-year return is below several peer figures, but the 3-year and 5-year record remains competitive in the group of available numbers. The comparison is mixed in the short term and more balanced over longer periods.
What is the exit load on this fund?
Exit load is nil up to 10% of the investment and 1% for the remaining investment if units are sold on or before 365 days. There is no exit load after 365 days.
Who manages the fund?
The fund is managed by Daylynn Pinto.
Bottom line
Bandhan Value Fund Direct Growth Plan has a weaker recent year than its longer-run record, but the 3-year and 5-year numbers still show better compounding than the benchmark. In peer comparison, the latest year looks softer, while the multi-year picture remains more respectable. The High Risk profile and the large-bank-heavy portfolio suggest this is a fund for investors who can handle volatility and think in years, not months.
Published on 10 September 2026 at 10:30 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.