MF Gyan
small capHigh risk7 years oldAccelerating recently (last 6m ≈ 50% p.a.)

BANDHAN Small Cap Fund - Direct Plan - Growth

Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps. From Bandhan Mutual Fund. It's been running since 26 Feb 2020.

Latest price per unit
₹57.721
▲ 0.64% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.15 L
▲ ₹14.8k gain · 14.8% / year
Invested 3 years ago
₹1.97 L
▲ ₹97.5k gain · 25.5% / year
Invested 5 years ago
₹2.53 L
▲ ₹1.53 L gain · 20.4% / 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₹2.30 L
Gain / loss+₹50.2k
XIRR (annualised)17.49%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.38 L
Projected gain*+₹57.9k
*at this fund's historical rate of 17.49% 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 56 other funds in Equity Scheme - Small Cap Fund

Same plan
1-year return
14.85%median 12.15% (+2.70%)
Rank #24 of 57Beats 56% of peers
3-year return
25.46%median 16.20% (+9.26%)
Rank #6 of 57Beats 88% of peers
5-year return
20.40%median 15.24% (+5.16%)
Rank #5 of 57Beats 90% of peers
Bumpiness (3Y)
17.63%median 17.60% (+0.03%)
Rank #31 of 57Less risky than 46% of peers
Worst-ever drop
-24.34%median -39.86% (+15.52%)
Rank #46 of 57Less risky than 20% 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. 5 of last 7 years were positive.

+52%
2020
+54%
2021
-6%
2022
+55%
2023
+44%
2024
-1%
2025
+13%
2026
Best year
2023 · 55.23%
Worst year
2022 · -5.78%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
17.6%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-24.34%

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 Small Cap Fund - Direct Plan - Growth against other small cap funds.

Technical details (for the pros)
CAGR — 1 year14.85%
CAGR — 3 years25.46%
CAGR — 5 years20.40%
CAGR — since launch30.84%
Volatility — 1 year (annualised)15.80%
Volatility — 3 years (annualised)17.63%
Max drawdown — 1 year-15.88%
Max drawdown — 3 years-22.78%
Sharpe ratio — 1 year (rf=6%)0.50
Sharpe ratio — 3 years (rf=6%)0.96

Fund info

Fund house
Bandhan Mutual Fund
Category
Equity Scheme - Small Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF194KB1AL4
ISIN (Div re-invest)
—
Fund code
147946
First price on record
26 Feb 2020 · 1,618 daily prices

About BANDHAN Small Cap Fund - Direct Plan - Growth

BANDHAN Small Cap Fund - Direct Plan - Growth is a Equity Scheme - Small Cap Fund offered by Bandhan Mutual Fund under the Direct plan with the Growth option. It has approximately 7 years of NAV track record. The fund falls in the small cap category — Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

The current NAV of BANDHAN Small Cap Fund - Direct Plan - Growth is ₹57.7210 (as of 4 Sep 2026). Historically, it has delivered 14.84% over the last year, 25.46% CAGR over 3 years, 20.40% 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 17.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 24.3%. 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 Small Cap Fund - Direct Plan - Growth?+

The latest NAV of BANDHAN Small Cap Fund - Direct Plan - Growth is ₹57.7210 as of 4 Sep 2026, up 0.64% from the previous day. NAV is updated once a business day after the market close.

What are the returns of BANDHAN Small Cap Fund - Direct Plan - Growth?+

BANDHAN Small Cap Fund - Direct Plan - Growth has delivered 1-year return 14.84%, 3-year CAGR 25.46%, 5-year CAGR 20.40%, since-inception CAGR 30.84%. Returns are historical and don't predict future performance — markets move in cycles.

What category does BANDHAN Small Cap Fund - Direct Plan - Growth belong to?+

BANDHAN Small Cap Fund - Direct Plan - Growth is categorised as Equity Scheme - Small Cap Fund. Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

How risky is BANDHAN Small Cap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 17.6%, BANDHAN Small Cap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is BANDHAN Small Cap Fund - Direct Plan - Growth a direct plan?+

BANDHAN Small Cap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is BANDHAN Small Cap Fund - Direct Plan - Growth?+

BANDHAN Small Cap Fund - Direct Plan - Growth has NAV history available from 26 Feb 2020 — approximately 7 years of track record and 1,618 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.