MF Gyan
sectorHigh risk14 years oldCooling recently (last 6m ≈ -6% p.a.)

Bandhan Focused Fund - Direct Plan - IDCW

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Bandhan Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit
₹33.83
▼ 0.58% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹98.2k
▼ ₹1.8k loss · -1.8% / year
Invested 3 years ago
₹1.24 L
▲ ₹24.0k gain · 7.4% / year
Invested 5 years ago
₹1.31 L
▲ ₹31.4k gain · 5.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.82 L
Gain / loss+₹2.5k
XIRR (annualised)0.93%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.83 L
Projected gain*+₹2.6k
*at this fund's historical rate of 0.93% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 44 other funds in Equity Scheme - Focused Fund

Same plan
1-year return
-1.79%median 5.90% (-7.68%)
Rank #33 of 45Beats 27% of peers
3-year return
7.43%median 12.38% (-4.95%)
Rank #36 of 45Beats 17% of peers
5-year return
5.62%median 10.97% (-5.35%)
Rank #24 of 45Beats 18% of peers
Bumpiness (3Y)
16.44%median 15.45% (+0.99%)
Rank #29 of 45Less risky than 36% of peers
Worst-ever drop
-38.13%median -34.55% (-3.58%)
Rank #13 of 45Less risky than 73% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 7 years were positive.

+17%
2020
+19%
2021
-10%
2022
+25%
2023
+22%
2024
-8%
2025
-5%
2026
Best year
2023 · 25.14%
Worst year
2022 · -9.93%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.4%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-38.13%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Bandhan Focused Fund - Direct Plan - IDCW against other sector funds.

Technical details (for the pros)
CAGR — 1 year-1.79%
CAGR — 3 years7.43%
CAGR — 5 years5.62%
CAGR — since launch7.15%
Volatility — 1 year (annualised)15.86%
Volatility — 3 years (annualised)16.44%
Max drawdown — 1 year-20.20%
Max drawdown — 3 years-25.44%
Sharpe ratio — 1 year (rf=6%)-0.49
Sharpe ratio — 3 years (rf=6%)0.08

Fund info

Fund house
Bandhan Mutual Fund
Category
Equity Scheme - Focused Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF194K01W39
ISIN (Div re-invest)
INF194K01W47
Fund code
118422
First price on record
2 Jan 2013 · 3,372 daily prices

About Bandhan Focused Fund - Direct Plan - IDCW

Bandhan Focused Fund - Direct Plan - IDCW is a Equity Scheme - Focused Fund offered by Bandhan Mutual Fund under the Direct plan with the IDCW option. It has approximately 14 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Bandhan Focused Fund - Direct Plan - IDCW is ₹33.8300 (as of 1 Sep 2026). Historically, it has delivered -1.79% over the last year, 7.43% CAGR over 3 years, 5.62% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.4% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 38.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Bandhan Focused Fund - Direct Plan - IDCW?+

The latest NAV of Bandhan Focused Fund - Direct Plan - IDCW is ₹33.8300 as of 1 Sep 2026, down 0.58% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Bandhan Focused Fund - Direct Plan - IDCW?+

Bandhan Focused Fund - Direct Plan - IDCW has delivered 1-year return -1.79%, 3-year CAGR 7.43%, 5-year CAGR 5.62%, since-inception CAGR 7.15%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Bandhan Focused Fund - Direct Plan - IDCW belong to?+

Bandhan Focused Fund - Direct Plan - IDCW is categorised as Equity Scheme - Focused Fund. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Bandhan Focused Fund - Direct Plan - IDCW?+

Based on its 3-year annualised volatility of 16.4%, Bandhan Focused Fund - Direct Plan - IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Bandhan Focused Fund - Direct Plan - IDCW a direct plan?+

Bandhan Focused Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Bandhan Focused Fund - Direct Plan - IDCW?+

Bandhan Focused Fund - Direct Plan - IDCW has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 3,372 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.