HealthyDirect · GrowthFit for a long SIP
Bandhan Gilt Fund
Bandhan Mutual FundDebt Scheme - Gilt Fund13.8 years
The scheme seeks to generate reasonable return with high liquidity through investment in Government securities across maturities.
- NAV
- 40.9617
- 29 Oct 2026
- 1Y
- +7.2%
- Trailing CAGR
- AUM
- ₹1,686.14 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.1% 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
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.57% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -7.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
49% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Brijesh Shah · 2.4 years on the scheme.
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 ≈ 100.0% 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+7.2%
- 3Y+8.3%
- 5Y+6.5%
- 10Y+7.7%
- SI+8.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.6%
- 3Y+6.8%
- 5Y+7.1%
- 10Y+7.4%
- Since inception
- +8.6%
- Calendar-day CAGR
- Excess 1Y
- +5.5%
- Category median, same plan and option
- 3Y win rate
- +49%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.5%
- 2614 daily-ending windows
- Median rolling 3Y
- +8.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2131 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -7.1%
- Worst peak-to-trough
- Current
- -0.8%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +79%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 258 recovered episodes
- Longest recovery
- 225 days
- Trough to prior peak
4 Jun 2013 – 20 Jan 2014
Trough 19 Aug 2013 · recovered in 154 days
-7.1%
6 Sept 2017 – 5 Oct 2018
Trough 22 Feb 2018 · recovered in 225 days
-4.3%
28 May 2025 – 9 Mar 2026
Trough 29 Aug 2025 · recovered in 192 days
-4.1%
24 Nov 2016 – 30 May 2017
Trough 27 Dec 2016 · recovered in 154 days
-3.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
84
Consistency
51
Risk-adjusted
58
Drawdown
82
Mean
75
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 · 5 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 92.3%
- Effective holdings
- 1.2
Reverse Repo
Unspecified
92.3%
GOI Sec 7.36 12/09/2052
Entities
6.4%
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
Entities
0.6%
Net Current Assets
Unspecified
0.4%
Others Mrgn Money
Unspecified
0.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
SBI GILT FUND
SBI Mutual Fund
- 1Y
- +3.2%
- 3Y
- +6.6%
- Vol
- 4.0%
- Max DD
- -9.5%
- Sharpe
- 0.69
- 3Y win
- +87%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Bajaj Finserv Gilt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 3.3%
- Max DD
- -3.9%
- Sharpe
- -0.47
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
DSP Gilt Fund
DSP Mutual Fund
- 1Y
- +1.5%
- 3Y
- +6.4%
- Vol
- 3.9%
- Max DD
- -7.6%
- Sharpe
- 0.47
- 3Y win
- +68%
- Lower volatility
- Higher win rate vs category
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
JM G-Sec Fund - (Direct) Annual
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.73
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Lower trailing returns
JM G-Sec Fund - (Direct) Half Yearly
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.73
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Lower trailing returns