MonitorDirect · GrowthWatch before adding
BANDHAN RETIREMENT FUND
Bandhan Mutual FundSolution Oriented Scheme - Retirement Fund3 years
- NAV
- 12.744
- 29 Oct 2026
- 1Y
- -4.2%
- Trailing CAGR
- AUM
- ₹174.49 Cr
- 30 Sept 2026
- Volatility
- Medium
- 8.4% 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 100% of rolling 3-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.0 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.03% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -9.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% 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 ≈ 67.7% 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-4.2%
- 3Y+9.0%
- 5Yn/a
- 10Yn/a
- SI+8.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-4.1%
- 3Y+2.6%
- 5Yn/a
- 10Yn/a
- Since inception
- +8.4%
- Calendar-day CAGR
- Excess 1Y
- -2.1%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 53
- Vs comparable share classes
- SIP 3Y XIRR
- +2.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +8.4%
- 8 daily-ending windows
- Median rolling 3Y
- +8.7%
- 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
- -9.8%
- Worst peak-to-trough
- Current
- -5.4%
- Below last peak
- Current spell
- 300 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 39 recovered episodes
- Longest recovery
- 98 days
- Trough to prior peak
2 Jan 2026 – open
Trough 30 Mar 2026 · not recovered
-9.8%
26 Sept 2024 – 6 Jun 2025
Trough 28 Feb 2025 · recovered in 98 days
-9.4%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-3.8%
31 Jul 2024 – 20 Aug 2024
Trough 6 Aug 2024 · recovered in 14 days
-2.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
53
Vs category
37
Consistency
63
Risk-adjusted
40
Drawdown
76
Mean
54
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
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 54 holdings · top 10 are 67.7%.
- Top 5
- 50.5%
- Top 10
- 67.7%
- Largest holding
- 22.0%
- Effective holdings
- 12.2
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
Entities
22.0%
Net Receivables
Unspecified
9.8%
Reliance Industries Ltd
Energy & Utilities
6.6%
HDFC Bank Ltd
Financial
6.5%
ICICI Bank Ltd
Financial
5.6%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
DECISION
Status moved from MONITOR to REVIEW.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan
Aditya Birla Sun Life Mutual Fund
- 1Y
- +1.6%
- 3Y
- +7.8%
- Vol
- 3.2%
- Max DD
- -5.0%
- Sharpe
- 0.29
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Nippon India Retirement Fund- Income Generation Scheme
Nippon India Mutual Fund
- 1Y
- -2.1%
- 3Y
- +6.4%
- Vol
- 4.9%
- Max DD
- -7.4%
- Sharpe
- 0.31
- 3Y win
- +20%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
SBI Retirement Benefit Fund - Conservative Plan
SBI Mutual Fund
- 1Y
- +0.6%
- 3Y
- +6.4%
- Vol
- 3.4%
- Max DD
- -4.4%
- Sharpe
- 0.37
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ICICI Prudential Retirement Fund Hybrid Conservative Plan
ICICI Prudential Mutual Fund
- 1Y
- +2.0%
- 3Y
- +9.3%
- Vol
- 4.6%
- Max DD
- -10.2%
- Sharpe
- 0.74
- 3Y win
- +16%
- Lower volatility
- Higher trailing returns
Caveat: Deeper drawdown
ICICI Prudential Retirement Fund Pure Debt Plan
ICICI Prudential Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.3%
- Vol
- 1.8%
- Max DD
- -2.7%
- Sharpe
- 0.76
- 3Y win
- +2%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns