Multi Asset Allocation · Hybrid

Bandhan Multi Asset Allocation Fund

Bandhan AMC Limited

Benchmark

65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver

Riskometer

Very High

Size

₹3,707 cr

Allotted

31 Jan 2024

Holdings as of

30 Sep 2026

Bandhan Multi Asset Allocation Fund is a multi asset allocation fund of Bandhan AMC Limited with ₹3,707 cr under management. It is ahead of its benchmark (65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver) in 1 of 1 periods. Its direct plan charges 0.83% a year.

Has Bandhan Multi Asset Allocation Fund beaten its benchmark?

Ahead of its benchmark, 65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver, in 1 of 1 periods in AMFI's figures; +7.52% over the last year against +2.33%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−2.45%	−3.60%	—
3 months	−1.86%	−5.03%	—
6 months	+1.23%	−1.83%	—
1 year	+7.08%	−4.06%	+11.14 pts
3 years	—	+9.27%	—
5 years	—	+8.00%	—
10 years	—	+12.69%	—
Since start from 1 Feb 2024	+14.38%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver) in 1 of 1 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+7.52%	+6.00%	+2.33%	+5.19	🔒
3y	—	—	—	—	—
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Multi Asset Allocation funds, and how steady the lead is, in the app

Value of 100, month-end

Feb 2024 to 14 Oct 2026

Fund 142Nifty 500 TRI 113

₹100 put in at the start of Feb 2024 would be ₹142 on 14 Oct 2026, against ₹113 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Bandhan Multi Asset Allocation Fund cost?

0.83% a year on the direct plan, 2.16% on the regular plan; 10 of 19 funds in its category charge less.

Direct plan

0.83% a year

Category median 0.79%

Regular plan

2.16% a year

Category median 2.10%

Gap

1.33 points

for the same holdings

10 of 19 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Hybrid Scheme - Multi Asset Allocation

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Bandhan Multi Asset Allocation Fund?

Viraj Kulkari, since None; Daylynn Pinto, since None; Kapil Kankonkar, since None.

Viraj Kulkari

Equity Portion

None years

since None

Daylynn Pinto

None years

since None

Kapil Kankonkar

None years

since None

And 5 more; every manager, the other funds each runs and the changes over time are in the app.

Benchmark as filed65% Nifty 500 TRI + 25% NIFTY Short Duration Debt Index + 5% Domestic prices of gold + 5% Domestic prices of silver

Exit load

For 10% of investment: Nil - For remaining investment: 0.5 % if redeemed/ switched out within 30 days from the date of allotment.

From 6 Scheme Summary Documents filed with NSE, first on 7 May 2026; as on 7 Oct 2026

What does Bandhan Multi Asset Allocation Fund hold?

175 holdings as of 30 Sep 2026; the ten largest are 32.5% of the fund, the largest HDFC Bank Limited at 4.4%.

Mix

Holdings as of 30 Sep 2026

Equity65.0%Debt6.4%Cash6.5%Other8.5%

Holdings

175

123 shares

Top ten

32.5%

of the fund

Effective holdings

49.1

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

HDFC Bank Limited4.37%

Reliance Industries Limited3.71%

ICICI Bank Limited2.79%

Kotak Mahindra Bank Limited2.36%

Axis Bank Limited2.16%

Five largest industries

% of fund

Banks20.2%

Finance8.90%

Automobiles6.20%

Petroleum Products5.70%

Retailing5.70%

By company size

% of equity · SEBI size lists

Large Cap60.9%Mid Cap18.5%Small Cap20.7%

How does Bandhan Multi Asset Allocation Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Bandhan Multi Asset Allocation Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker

Nearest to the Nifty 50: 49% of it differs from the index (an active fund is usually above 60%).

Active share 48.9%60%

Funds that hold much the same

% of holdings in common

Bandhan Flexi Cap Fund68.3% the same

62 shared holdings

Bandhan Multi Cap Fund67.8% the same

77 shared holdings

Bandhan Value Fund60.8% the same

49 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Bandhan Multi Asset Allocation Fund?

Viraj Kulkari (Equity Portion) since None; Daylynn Pinto (manager) since None; Kapil Kankonkar (manager) since None; Gautam Kaul (Debt Portion) since None; Foreign (manager) since None; Ritika Behera (Equity Portion) since None; Gaurav Satra (Equity Portion) since None; Brijesh Shah (Debt Portion) since None.

What is the expense ratio of Bandhan Multi Asset Allocation Fund?

0.83% a year on the direct plan and 2.16% on the regular plan (expense report, Oct 2026).