Bandhan Value Fund
Direct · GrowthAI Summary
Bandhan Value Fund has delivered strong SIP XIRR across horizons, with 18.33% over 3Y and 17.95% over 5Y, consistently beating the category average SIP XIRR (17.43% and 16.74% respectively). Against the NIFTY50 VALUE 20 benchmark, the fund has generated positive alpha across all periods, including 7.61% over 5Y and 8.39% over 7Y, with Fund CAGR of 14.23% versus benchmark 6.65% over 5Y. Long-term lump-sum performance is also solid, with 15.8% CAGR over 10Y versus the benchmark's 12.13%.
The fund exhibits defensive characteristics with a beta below 1 across all periods (0.80-0.91) and consistently low downside capture (71-81%), meaning it falls less than the benchmark in weak markets. Upside capture is also below 100% (79-92%), so the fund trades some upside participation for downside protection, which its positive alpha more than compensates for. Six drawdown events exceeding 10% have occurred, and the maximum drawdown duration of 805 days with a 316-day recovery indicates investors should be prepared for extended recovery periods.
Portfolio holdings and sector allocation data were not provided in this dataset, so specific composition analysis cannot be made. As a value fund benchmarked to the NIFTY50 VALUE 20 index, the fund likely emphasizes undervalued large-cap stocks with below-average valuations. Investors should review the latest fund factsheet for current top holdings and sector concentration details.
The fund outperforms the category average SIP XIRR at every horizon, with the widest gaps over longer periods — 18.73% versus 16.65% over 10Y and 17.65% versus 16.44% over 12Y. Calendar year returns show meaningful dispersion, ranging from -11.88% in 2018 to 64.6% in 2021, reflecting the cyclical nature of value investing. The consistent positive alpha across 1Y through 15Y periods suggests durable stock selection rather than a single lucky period.
This fund suits investors with a long-term horizon of 7 years or more, given the extended drawdown durations and the value style's tendency to underperform during growth-led markets. It is appropriate for those seeking market-beating returns with lower downside capture than the benchmark, and who can tolerate calendar-year volatility ranging from double-digit losses to 60%+ gains. Conservative investors wanting steady short-term returns may find the return dispersion uncomfortable.
- Consistent positive alpha versus the NIFTY50 VALUE 20 benchmark across all periods, peaking at 8.39% over 7Y
- Low downside capture (73-81%) across horizons, offering meaningful downside protection relative to the benchmark
- SIP XIRR beats the category average at every horizon, with a 2.08 percentage point lead over 10Y (18.73% vs 16.65%)
- Extended drawdown recovery periods, with the maximum drawdown lasting 805 days and taking 316 days to recover
- High calendar-year return dispersion, from -11.88% in 2018 to 64.6% in 2021, requiring strong investor discipline during weak phases
Generated on 04-09-2026, 2:51 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.81 L | 22.8% | -67.6% | 144.4% |
| 3 Years | ₹36.00 L | ₹47.43 L | 18.3% | -33.8% | 47.3% |
| 5 Years | ₹60.00 L | ₹98.30 L | 18.0% | -15.5% | 35.2% |
| 7 Years | ₹84.00 L | ₹1.64 Cr | 17.8% | -5.3% | 27.3% |
| 10 Years | ₹1.20 Cr | ₹3.16 Cr | 18.7% | 15.2% | 22.4% |
| 12 Years | ₹1.44 Cr | ₹4.51 Cr | 17.7% | 15.0% | 20.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 22.8% | 15.2% | 17.7% | +7.6% |
| 3 Years | 18.3% | 13.1% | 17.4% | +5.2% |
| 5 Years | 18.0% | 13.7% | 16.7% | +4.3% |
| 7 Years | 17.8% | 13.4% | 16.1% | +4.4% |
| 10 Years | 18.7% | 13.7% | 16.6% | +5.1% |
| 12 Years | 17.7% | 14.2% | 16.4% | +3.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 21.6% | 13.3% | -44.0% | 131.3% | 0.50 | 1.60 | 77% | — | — |
| 3 Years | 18.4% | 18.8% | -12.8% | 49.0% | 1.11 | 3.29 | 92% | — | — |
| 5 Years | 17.7% | 17.8% | -4.2% | 39.0% | 1.42 | 7.84 | 98% | — | — |
| 10 Years | 17.8% | 17.4% | 14.3% | 21.3% | 6.71 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +6.78 | 0.91 | 91.7% | 81.1% | 2.4% | -5.5% |
| 3 Years | +6.14 | 0.85 | 87.6% | 78.4% | 12.2% | 6.0% |
| 5 Years | +7.61 | 0.82 | 86.2% | 76.2% | 14.2% | 6.7% |
| 7 Years | +8.39 | 0.83 | 84.4% | 74.1% | 19.9% | 12.5% |
| 10 Years | +4.73 | 0.81 | 82.6% | 75.4% | 15.8% | 12.1% |
| 12 Years | +6.17 | 0.80 | 81.9% | 73.4% | 15.7% | 10.2% |
| 15 Years | +4.97 | 0.77 | 79.1% | 71.1% | 14.5% | 10.5% |