HealthyDirect · GrowthFit for a long SIP
Bandhan Banking and PSU Debt Fund
Bandhan Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund13.6 years
- NAV
- 27.1505
- 29 Oct 2026
- 1Y
- +5.0%
- Trailing CAGR
- AUM
- ₹11,893.32 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
13.6 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
48% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 40.1% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.0%
- 3Y+7.0%
- 5Y+6.2%
- 10Y+7.1%
- SI+7.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.0%
- 3Y+6.3%
- 5Y+6.6%
- 10Y+6.9%
- Since inception
- +7.6%
- Calendar-day CAGR
- Excess 1Y
- +1.2%
- Category median, same plan and option
- 3Y win rate
- +48%
- Windows beating the median
- 3Y percentile
- 77
- Vs comparable share classes
- SIP 3Y XIRR
- +6.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.7%
- 2585 daily-ending windows
- Median rolling 3Y
- +7.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2102 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.3%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 23 days
- Days below latest peak
- Time below peak
- +34%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 267 recovered episodes
- Longest recovery
- 53 days
- Trough to prior peak
6 Mar 2020 – 27 Mar 2020
Trough 23 Mar 2020 · recovered in 4 days
-3.3%
15 Jul 2013 – 11 Sept 2013
Trough 24 Jul 2013 · recovered in 49 days
-1.3%
2 Apr 2019 – 20 May 2019
Trough 25 Apr 2019 · recovered in 25 days
-1.0%
9 Apr 2018 – 22 Jun 2018
Trough 17 May 2018 · recovered in 36 days
-1.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
77
Vs category
58
Consistency
46
Risk-adjusted
82
Drawdown
92
Mean
71
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 95 holdings · top 10 are 40.1%.
- Top 5
- 27.5%
- Top 10
- 40.1%
- Largest holding
- 13.6%
- Effective holdings
- 29.4
Reverse Repo
Unspecified
13.6%
CANARA BANK CD 29JAN27
Financial
4.1%
ICICI BANK LIMITED SR DJU21LB 6.45 BD 15JU28 FVRS10LAC
Financial
3.3%
HDFC BANK LIMITED SR US003 7.70 NCD 16MY28 FVRS1LAC
Financial
3.3%
POWER GRID CORPORATION OF INDIA LIMITED SR I 8.24 LOA 14FB29 FVRS10LAC
Energy & Utilities
3.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
SBI BANKING & PSU DEBT FUND
SBI Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.1%
- Vol
- 1.4%
- Max DD
- -3.2%
- Sharpe
- 1.28
- 3Y win
- +50%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Bajaj Finserv Banking and PSU Debt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 0.91
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
LIC MF Banking & PSU Debt Fund
LIC Mutual Fund
- 1Y
- +4.2%
- 3Y
- +7.1%
- Vol
- 1.2%
- Max DD
- -2.8%
- Sharpe
- 1.21
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 1.83
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
UTI Banking & PSU Debt Fund
UTI Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.5%
- Vol
- 3.0%
- Max DD
- -6.7%
- Sharpe
- 0.44
- 3Y win
- +61%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown