📊 Mid Cap Fund · Deep Analysis

Bandhan Large & Mid Cap Fund

Bandhan Mutual Fund · Direct Growth · SEBI Category: Mid Cap

Current NAV ₹160.7550 (+0.26% today) As of 04 Jun 2026
1 Year Return +6.1%
3 Year CAGR +22.7% p.a.
5 Year CAGR +18.8% p.a.
AAUM ₹14.1K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,574 daily NAV records
Fund Overview

Bandhan Large & Mid Cap Fund — Quick Summary

Bandhan Large and Mid Cap Fund is managed by Manish Gunwani — a highly respected equity fund manager with over 20 years of experience who previously managed ICICI Prudential's technology and multi-cap funds. The fund applies Gunwani's research-driven growth-oriented philosophy to the large and mid cap segment. With a competitive expense ratio, it offers cost-efficient exposure to the 35-35 large and mid cap mandate.

Manish Gunwani's approach focuses on identifying companies with strong earnings visibility and durable business models — a quality-growth oriented framework. The fund's expense ratio is among the most competitive in the large and midcap category, making it particularly attractive for cost-conscious investors.

Fund House
Bandhan Mutual Fund
SEBI Category
Mid Cap
Benchmark
NIFTY Large Midcap 250 TRI
Fund Manager
Manish Gunwani
AMFI Code
118419
Risk Level
Very High
NAV Records in DB
2,574 days
Quarterly Average AUM · Jan–Mar 2026
₹14.1K Cr
↑ Increased by 15.8% vs Oct–Dec 2025 · ₹12.1K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Ideal for growth-oriented investors with a 5 to 7+ year horizon who are cost-conscious and want experienced fund management at a competitive expense ratio. Suitable as a core large and midcap holding.
The fund combines Manish Gunwani's exceptional research-driven track record, one of the most competitive expense ratios in the category, growth-oriented stock selection, and the mandatory 35-35 large and mid cap diversification. An excellent choice for cost-conscious investors seeking experienced fund management.
✗ Not Suitable For
Investors wanting a fund from a large, well-established AMC with long track record — Bandhan MF is a relatively newer fund house. Those with short horizons under 5 years. Investors who prefer the safety of very large AUM funds from top-tier AMCs.
Who Runs This Fund

Fund Manager

MG
Manish Gunwani
Bandhan Mutual Fund · Managing since 2021

Manish Gunwani is CIO — Equity at Nippon India Mutual Fund and manages the Bandhan Large & Mid Cap Fund. He brings extensive experience in equity research and portfolio management with a research-intensive, bottom-up approach to stock selection across large and mid cap segments. His analytical depth and willingness to take differentiated positions define this fund's character.

For current co-manager details and full biography, refer to the latest Bandhan Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118419
The official AMFI scheme code for Bandhan Large & Mid Cap Fund Direct Growth is 118419. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Bandhan Mutual Fund is a relatively newer and smaller fund house in India. Smaller AUM can be advantageous for nimble portfolio management but also means less institutional history and track record to evaluate. Monitor fund house stability and research team continuity as part of your ongoing investment review.
Investment Objective
As per Scheme Information Document
To generate long term wealth creation through a portfolio of equity and equity related instruments comprising of large and mid cap companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Large & Mid Cap Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Motilal Oswal Large and Midcap Fund ₹38.72 ₹14.7K Cr Jan–Mar 2026 +5.2% +25.2% p.a. +21.3% p.a. 1.13
ICICI Prudential Large & Mid Cap Fund ₹1,111.18 ₹27.5K Cr Jan–Mar 2026 +1.1% +18.4% p.a. +18.5% p.a. 1.06
HDFC Large and Mid Cap Fund ₹349.91 ₹27.6K Cr Jan–Mar 2026 +0.5% +17.1% p.a. +16.6% p.a. 0.83
Bandhan Large & Mid Cap Fund ▲ ₹160.76 ₹14.1K Cr Jan–Mar 2026 +6.1% +22.7% p.a. +18.8% p.a. 1.23
UTI Large & Mid Cap Fund ₹192.42 ₹4.7K Cr Jan–Mar 2026 +3.1% +19.5% p.a. +16.4% p.a. 1.07
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,574 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.2%
3 MonthPoint-to-point
+1.8%
6 MonthPoint-to-point
-1.7%
1 YearPoint-to-point
+6.1%
3 YearCAGR
+22.7% p.a.
5 YearCAGR
+18.8% p.a.
10 YearCAGR
+17.2% p.a.
₹1 Lakh → 5YLump sum growth
₹232,406

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+92.6%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-32.3%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+36.8% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-6.4% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+8.8%
2024
+30.3%
2023
+37.8%
2022
+8.2%
2021
+35.7%
2020
+14.3%
2019
+5.0%
2018
-3.8%
2017
+39.5%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
20.4%
Positive in 86% of windows
Best: 92.6% · Worst: -32.3%
3Y Rolling Avg
18.4% p.a.
Positive in 96% of windows
Best: 36.8% · Worst: -6.4%
5Y Rolling Avg
19.3% p.a.
Positive in 100% of windows
Best: 35.4% · Worst: 9.1%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-38.5%
Feb 2020 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-2.7%
All-time Peak: ₹165.69
Peak date: May 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-17.8%
Sep 27, 2024 – Apr 7, 2025
Recovered: Oct 2025 (11 mos)
COVID-19 Crash
-38.5%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-17.9%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-14.3%
Aug 28 – Oct 26, 2018
Recovered: Jan 2020 (1yr 10mo)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.23
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.69
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
14.1%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what Bandhan Large & Mid Cap Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Mid Cap Funds

See how Bandhan Large & Mid Cap Fund ranks against other Mid Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.