MF Gyan
hybridModerate risk3 years old

BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth

Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From Bandhan Mutual Fund. It's been running since 1 Feb 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹14.9023
▲ 0.20% 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
₹1.16 L
▲ ₹16.3k gain · 16.3% / 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₹60.0k
Value today₹63.4k
Gain / loss+₹3.4k
XIRR (annualised)12.39%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹64.2k
Projected gain*+₹4.2k
*at this fund's historical rate of 12.39% 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 51 other funds in Hybrid Scheme - Multi Asset Allocation

Same plan
1-year return
16.33%median 11.53% (+4.80%)
Rank #6 of 52Beats 89% of peers
Bumpiness (3Y)
9.22%median 10.68% (-1.46%)
Rank #18 of 52Less risky than 67% of peers
Worst-ever drop
-10.02%median -13.10% (+3.08%)
Rank #43 of 52Less risky than 18% 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. 3 of last 3 years were positive.

+16%
2024
+21%
2025
+6%
2026
Best year
2025 · 20.69%
Worst year
2026 · 5.88%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
9.2%

The value swings roughly 9% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-10.02%

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 MULTI ASSET ALLOCATION FUND - Direct Plan - Growth against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year16.33%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch16.60%
Volatility — 1 year (annualised)10.26%
Volatility — 3 years (annualised)9.22%
Max drawdown — 1 year-10.02%
Max drawdown — 3 years-10.02%
Sharpe ratio — 1 year (rf=6%)0.90
Sharpe ratio — 3 years (rf=6%)1.03

Fund info

Fund house
Bandhan Mutual Fund
Category
Hybrid Scheme - Multi Asset Allocation
Plan
Direct
Option
Growth
ISIN (Growth)
INF194KB1HM7
ISIN (Div re-invest)
—
Fund code
152324
First price on record
1 Feb 2024 · 649 daily prices

About BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth

BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth is a Hybrid Scheme - Multi Asset Allocation offered by Bandhan Mutual Fund under the Direct plan with the Growth option. It has approximately 3 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

The current NAV of BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth is ₹14.9023 (as of 4 Sep 2026). Historically, it has delivered 16.32% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 9.2% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 10.0%. 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 MULTI ASSET ALLOCATION FUND - Direct Plan - Growth?+

The latest NAV of BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth is ₹14.9023 as of 4 Sep 2026, up 0.20% from the previous day. NAV is updated once a business day after the market close.

What are the returns of BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth?+

BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth has delivered 1-year return 16.32%, since-inception CAGR 16.60%. Returns are historical and don't predict future performance — markets move in cycles.

What category does BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth belong to?+

BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth is categorised as Hybrid Scheme - Multi Asset Allocation. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

How risky is BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 9.2%, BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth a direct plan?+

BANDHAN MULTI ASSET ALLOCATION 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 MULTI ASSET ALLOCATION FUND - Direct Plan - Growth?+

BANDHAN MULTI ASSET ALLOCATION FUND - Direct Plan - Growth has NAV history available from 1 Feb 2024 — approximately 3 years of track record and 649 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.