MonitorDirect · GrowthWatch before adding
BANDHAN LONG TERM FUND
Bandhan Mutual FundIncome/Debt Oriented Schemes - Long Term Fund2.6 years
The scheme seeks to invest in a diversified set of debt and money market securities, such that the Macaulay duration of the Portfolio is greater than 7 years, with the aim of generating optimal returns over long term.
- NAV
- 11.2741
- 29 Oct 2026
- 1Y
- +1.6%
- Trailing CAGR
- AUM
- ₹46.24 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.0% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 62% of rolling 1-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Long Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
2.6 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.28% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -4.6%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
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.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+1.6%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+4.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +4.6%
- Calendar-day CAGR
- Excess 1Y
- +2.2%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -4.6%
- Worst peak-to-trough
- Current
- -2.9%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 28 recovered episodes
- Longest recovery
- 290 days
- Trough to prior peak
28 May 2025 – 18 Jun 2026
Trough 1 Sept 2025 · recovered in 290 days
-4.6%
14 Aug 2026 – open
Trough 28 Oct 2026 · not recovered
-3.1%
31 Mar 2024 – 14 May 2024
Trough 19 Apr 2024 · recovered in 25 days
-1.7%
6 Jul 2026 – 13 Aug 2026
Trough 23 Jul 2026 · recovered in 21 days
-1.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
26
Vs category
64
Consistency
62
Risk-adjusted
9
Drawdown
89
Mean
50
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
- AUM fell by 30% or more versus the prior observation.
Supporting reads
- The fund beat the category median in 62% of rolling 1-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 7 holdings · top 10 are 100.0%.
- Top 5
- 97.2%
- Top 10
- 100.0%
- Largest holding
- 37.4%
- Effective holdings
- 3.9
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
Entities
37.4%
Reverse Repo
Unspecified
29.1%
GOVERNMENT OF INDIA 37699 GOI 27JL41 7.06 FV RS 100
Entities
10.5%
GOI Sec 7.46 06/11/2073
Entities
10.4%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
9.7%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Long Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.8%
- 3Y
- +6.4%
- Vol
- 3.1%
- Max DD
- -3.3%
- Sharpe
- 0.30
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Franklin India Long Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +1.9%
- 3Y
- n/a
- Vol
- 3.4%
- Max DD
- -4.3%
- Sharpe
- -0.53
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
SBI Long Term Fund
SBI Mutual Fund
- 1Y
- +0.8%
- 3Y
- +6.1%
- Vol
- 3.7%
- Max DD
- -4.4%
- Sharpe
- 0.10
- 3Y win
- +80%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Nippon India Nivesh Lakshya Long Term Fund
Nippon India Mutual Fund
- 1Y
- -0.7%
- 3Y
- +5.8%
- Vol
- 4.7%
- Max DD
- -5.8%
- Sharpe
- 0.38
- 3Y win
- +86%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
UTI Long Term Fund
UTI Mutual Fund
- 1Y
- -0.4%
- 3Y
- +5.2%
- Vol
- 3.9%
- Max DD
- -5.7%
- Sharpe
- -0.12
- 3Y win
- 0%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown