HealthyDirect · GrowthFit for a long SIP
Bandhan Short Term Fund
Bandhan Mutual FundIncome/Debt Oriented Schemes - Short Term Fund13.8 years
- NAV
- 65.9191
- 27 Oct 2026
- 1Y
- +5.5%
- Trailing CAGR
- AUM
- ₹8,680.22 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 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
0.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% 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
Pass
Top 10 holdings ≈ 41.8% 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+5.5%
- 3Y+7.6%
- 5Y+6.5%
- 10Y+7.1%
- SI+7.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.5%
- 3Y+6.8%
- 5Y+7.0%
- 10Y+6.9%
- Since inception
- +7.7%
- Calendar-day CAGR
- Excess 1Y
- +1.2%
- Category median, same plan and option
- 3Y win rate
- +38%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.5%
- 2612 daily-ending windows
- Median rolling 3Y
- +7.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2128 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.5%
- Worst peak-to-trough
- Current
- -0.1%
- Below last peak
- Current spell
- 8 days
- Days below latest peak
- Time below peak
- +43%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 358 recovered episodes
- Longest recovery
- 83 days
- Trough to prior peak
6 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-2.5%
7 Apr 2022 – 28 Jul 2022
Trough 6 May 2022 · recovered in 83 days
-1.8%
15 Jul 2013 – 16 Sept 2013
Trough 20 Aug 2013 · recovered in 27 days
-1.7%
9 Apr 2018 – 21 Jun 2018
Trough 17 May 2018 · recovered in 35 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
57
Consistency
41
Risk-adjusted
89
Drawdown
94
Mean
76
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 · 85 holdings · top 10 are 41.8%.
- Top 5
- 26.1%
- Top 10
- 41.8%
- Largest holding
- 8.3%
- Effective holdings
- 36.7
Reverse Repo
Unspecified
8.3%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 20AUG27
Financial
4.6%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
4.6%
Net Current Assets
Unspecified
4.5%
CANARA BANK CD 02FEB27
Financial
4.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mahindra Manulife Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.4%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 0.59
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund)
Sundaram Mutual Fund
- 1Y
- +4.6%
- 3Y
- +7.3%
- Vol
- 0.9%
- Max DD
- -0.7%
- Sharpe
- 0.79
- 3Y win
- +43%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.5%
- 3Y
- +7.3%
- Vol
- 1.2%
- Max DD
- -2.1%
- Sharpe
- 1.62
- 3Y win
- +63%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Canara Robeco Short Term Fund
Canara Robeco Mutual Fund
- 1Y
- +4.4%
- 3Y
- +6.8%
- Vol
- 1.3%
- Max DD
- -2.2%
- Sharpe
- 0.97
- 3Y win
- +15%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Groww Short Term Fund
Groww Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -1.2%
- Sharpe
- 1.52
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns