HealthyDirect · GrowthFit for a long SIP
Bandhan Medium to Long Term Fund
Bandhan Mutual FundIncome/Debt Oriented Schemes - Medium to Long Term Fund13.8 years
- NAV
- 75.0196
- 31 Oct 2026
- 1Y
- +5.3%
- Trailing CAGR
- AUM
- ₹427.78 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.5% 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 · Three-year return is above the category median.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
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
0.98% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -6.9%. Ask whether you can hold through a similar fall.
Vs category
Watch
55% 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 ≈ 86.1% 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+5.3%
- 3Y+6.8%
- 5Y+5.3%
- 10Y+6.5%
- SI+7.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.3%
- 3Y+5.6%
- 5Y+5.9%
- 10Y+6.1%
- Since inception
- +7.5%
- Calendar-day CAGR
- Excess 1Y
- +2.6%
- Category median, same plan and option
- 3Y win rate
- +55%
- Windows beating the median
- 3Y percentile
- 91
- Vs comparable share classes
- SIP 3Y XIRR
- +5.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.8%
- 2630 daily-ending windows
- Median rolling 3Y
- +7.6%
- 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
- -6.9%
- Worst peak-to-trough
- Current
- -0.6%
- 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
- 10 days
- 252 recovered episodes
- Longest recovery
- 192 days
- Trough to prior peak
27 May 2013 – 20 Jan 2014
Trough 19 Aug 2013 · recovered in 154 days
-6.9%
30 Mar 2022 – 17 Nov 2022
Trough 9 May 2022 · recovered in 192 days
-3.5%
24 Nov 2016 – 23 May 2017
Trough 27 Dec 2016 · recovered in 147 days
-3.5%
5 Jan 2021 – 13 Aug 2021
Trough 9 Mar 2021 · recovered in 157 days
-3.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
91
Vs category
67
Consistency
51
Risk-adjusted
48
Drawdown
83
Mean
68
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.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 24 holdings · top 10 are 86.1%.
- Top 5
- 64.5%
- Top 10
- 86.1%
- Largest holding
- 41.3%
- Effective holdings
- 5.1
Reverse Repo
Unspecified
41.3%
BAJAJ FINANCE LIMITED 7.85 LOA 11SP28 FVRS1LAC
Financial
5.8%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 178 7.46 BD 18JU29 FVRS1LAC
Financial
5.8%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
5.8%
EXPORT IMPORT BANK OF INDIA SR AA01 7.14 BD 13DC29 FVRS1LAC
Financial
5.8%
What changed
DECISION
Status moved from MONITOR to HEALTHY.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Franklin India Medium to Long Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +3.1%
- 3Y
- n/a
- Vol
- 1.9%
- Max DD
- -1.8%
- Sharpe
- -0.15
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
LIC MF Medium to Long Term Fund
LIC Mutual Fund
- 1Y
- +3.6%
- 3Y
- +7.3%
- Vol
- 2.7%
- Max DD
- -6.2%
- Sharpe
- 0.42
- 3Y win
- +22%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
ICICI Prudential Medium to Long Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +2.7%
- 3Y
- +6.7%
- Vol
- 3.1%
- Max DD
- -10.2%
- Sharpe
- 0.60
- 3Y win
- +89%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Kotak Medium to Long Term Fund
Kotak Mahindra Mutual Fund
- 1Y
- +3.0%
- 3Y
- +6.8%
- Vol
- 3.6%
- Max DD
- -9.9%
- Sharpe
- 0.45
- 3Y win
- +66%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
SBI MEDIUM TO LONG TERM FUND
SBI Mutual Fund
- 1Y
- +3.0%
- 3Y
- +6.5%
- Vol
- 3.0%
- Max DD
- -8.5%
- Sharpe
- 0.63
- 3Y win
- +88%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns