HealthyDirect · GrowthFit for a long SIP
BANDHAN Dynamic Term Fund
Bandhan Mutual FundIncome/Debt Oriented Schemes - Dynamic Term Fund13.8 years
- NAV
- 40.36
- 31 Oct 2026
- 1Y
- +6.9%
- Trailing CAGR
- AUM
- ₹1,909.92 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 31 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 · The fund beat the category median in 59% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.79% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -7.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
59% 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
Watch
Top 10 holdings ≈ 95.2% 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+6.9%
- 3Y+8.0%
- 5Y+6.2%
- 10Y+7.3%
- SI+8.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.2%
- 3Y+6.4%
- 5Y+6.8%
- 10Y+7.0%
- Since inception
- +8.2%
- Calendar-day CAGR
- Excess 1Y
- +4.1%
- Category median, same plan and option
- 3Y win rate
- +59%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +6.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.4%
- 2630 daily-ending windows
- Median rolling 3Y
- +8.1%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2147 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -7.0%
- Worst peak-to-trough
- Current
- -0.5%
- Below last peak
- Current spell
- 78 days
- Days below latest peak
- Time below peak
- +78%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 257 recovered episodes
- Longest recovery
- 222 days
- Trough to prior peak
27 May 2013 – 20 Jan 2014
Trough 19 Aug 2013 · recovered in 154 days
-7.0%
28 May 2025 – 8 Apr 2026
Trough 29 Aug 2025 · recovered in 222 days
-4.1%
30 Mar 2022 – 15 Nov 2022
Trough 6 May 2022 · recovered in 193 days
-3.4%
24 Nov 2016 – 25 May 2017
Trough 27 Dec 2016 · recovered in 149 days
-3.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
76
Consistency
55
Risk-adjusted
56
Drawdown
83
Mean
74
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
- The fund beat the category median in 59% of rolling 3-year windows.
- 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 · 17 holdings · top 10 are 95.2%.
- Top 5
- 84.2%
- Top 10
- 95.2%
- Largest holding
- 60.1%
- Effective holdings
- 2.6
Reverse Repo
Unspecified
60.1%
PUNJAB NATIONAL BANK CD 05FEB27
Financial
7.7%
CANARA BANK CD 02FEB27
Financial
6.4%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11AUG27
Financial
6.1%
CANARA BANK CD 12JAN27
Financial
3.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Dynamic Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +3.7%
- 3Y
- +7.2%
- Vol
- 2.5%
- Max DD
- -3.6%
- Sharpe
- 1.31
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Kotak Dynamic Term Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.7%
- Vol
- 2.4%
- Max DD
- -3.2%
- Sharpe
- 1.06
- 3Y win
- +89%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
PGIM India Dynamic Term Fund
PGIM India Mutual Fund
- 1Y
- +2.2%
- 3Y
- +6.8%
- Vol
- 2.8%
- Max DD
- -4.1%
- Sharpe
- 0.70
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Axis Dynamic Term Fund
Axis Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.3%
- Vol
- 3.3%
- Max DD
- -7.1%
- Sharpe
- 0.71
- 3Y win
- +77%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
SBI DYNAMIC TERM FUND
SBI Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 3.3%
- Max DD
- -8.9%
- Sharpe
- 0.64
- 3Y win
- +88%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns