Returns since launch
A lump-sum investment of ₹10,000 at inception is now valued at ₹14,046, implying gains of about 40% over a little more than two years. Over the last one year, the scheme reported a return of 20.96%, while its one-year SIP return stood at 25.4%, compared with the benchmark’s 22.5%.
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Market participants caution that short-term performance can vary significantly, and past returns do not guarantee similar outcomes in the future.
Portfolio structure
The fund follows a diversified multi-asset framework rather than a pure equity or debt approach. Its target strategic allocation includes:
- 50% domestic equities
- 15% gold and silver
- 15% arbitrage
- 10% international equities
- 10% fixed income instruments
Within equities, the scheme invests across large-, mid-, and small-cap stocks, reducing reliance on any single segment of the market.
Risk profile and tax treatment
Bandhan Mutual Fund says the strategy seeks to improve risk-adjusted returns by combining asset classes with different market drivers. The portfolio provides exposure to multiple sub-asset classes, including global equities, precious metals, government and corporate bonds, and money market instruments.
Despite its diversified structure, the scheme is treated as an equity fund for taxation under current rules, which can affect post-tax outcomes for investors.
Minimum investment
Investors can start a monthly SIP from ₹500 for at least six months, or invest a lump sum of ₹1,000.
What the milestone signals
The fund’s two-year track record and rising AUM suggest demand for hybrid, all-weather products, particularly among investors looking to reduce dependence on pure equity funds. At the same time, analysts note that multi-asset funds can underperform in strong bull markets due to their lower equity exposure.
As the scheme enters its third year, its performance will continue to be shaped by equity markets, gold prices, interest rates, and global trends.
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