BANDHAN SMALL CAP FUND - REGULAR PLAN GROWTH
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 74% of historical 3-year rolling periods.
- Generated +8.1% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.73% is lower than category median (2.17%).
- Consistently ranked #1 in its category with an MFIQ quantitative score of 7.8/10.
- Large asset base (₹38,024 Cr) may make active stock entry and exit slower in mid/small caps.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +1.57% | +1.11% | +0.46% |
| 3 Months | -0.92% | -1.13% | +0.21% |
| 6 Months | +5.60% | +7.86% | -2.26% |
| 1 Year | +7.97% | +11.28% | -3.31% |
| 3 Years CAGR | +21.17% | +13.50% | +7.67% |
| 5 Years CAGR | +17.47% | +13.60% | +3.87% |
| Since Inception | +27.57% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in BANDHAN SMALL CAP FUND compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +10.44% | +13.95% | -3.51% |
| 2025 | -1.13% | -3.98% | +2.85% |
| 2024 | +43.12% | +25.60% | +17.52% |
| 2023 | +53.60% | +41.38% | +12.22% |
| 2022 | -6.13% | -0.63% | -5.50% |
| 2021 | +52.45% | +61.25% | -8.80% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -11.56% | +31.94% | +20.01% | +110.91% | 81.6% | 62.5% |
| 3-Year Rolling | +19.78% | +28.95% | +29.29% | +37.18% | 100.0% | 74.3% |
| 5-Year Rolling | +16.19% | +26.52% | +25.37% | +38.55% | 100.0% | 97.9% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2021-10-18 | 2022-06-20 | -25.2% | 8 months | 12 months |
| 2024-12-11 | 2025-03-03 | -23.0% | 3 months | 14 months |
| 2020-02-26 | 2020-03-23 | -18.2% | 1 months | 3 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instruments of Small Cap companies | 65% - 100% Equity & Equity related securities other than above: 0% - 35% Money Market and other liquid instruments#: 0% - 35% Units issued by InvITs: 0% -10% Gold/silver ETFs: 0% - 10% Mutual Fund Units (Overnight Fund, Money Market Fund & Liquid Fund): 05 - 35% |
Investment Objective & Strategy
The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of small cap segment.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 38,024 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Small Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Small Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Invesco India Small Cap Fund | 7.6 | +19.90% | 1.83% | 76.7% | Rs 18,014 cr | Compare → |
| ITI Small Cap Fund | 6.5 | +19.94% | 2.20% | 68.7% | Rs 3,788 cr | Compare → |
| Mahindra Manulife Small Cap Fund | 6.7 | +17.30% | 2.17% | 84.8% | Rs 5,534 cr | Compare → |
| BANK OF INDIA Small Cap Fund | 5.7 | +17.53% | 2.24% | 85.3% | Rs 3,971 cr | Compare → |
| LIC MF Small Cap Fund | 4.9 | +16.17% | 2.63% | 84.8% | Rs 863 cr | Compare → |
Frequently Asked Questions about BANDHAN SMALL CAP FUND
What is the expense ratio of BANDHAN SMALL CAP FUND?
BANDHAN SMALL CAP FUND has a total expense ratio (TER) of 1.73% with a base expense ratio of 1.31%, compared to the Small Cap category median of 2.17%.
Who manages BANDHAN SMALL CAP FUND?
BANDHAN SMALL CAP FUND is managed by Manish Gunwani (tenure: 3.8 years since 2023-01-28).
What are the historical returns of BANDHAN SMALL CAP FUND?
BANDHAN SMALL CAP FUND delivered a 3-year CAGR of 21.17% and a 5-year CAGR of 17.47%. Its 1-year return stands at +7.97%.
How large is BANDHAN SMALL CAP FUND?
BANDHAN SMALL CAP FUND manages assets of Rs 38,024 cr, placing it in the 'stretched' size band relative to Small Cap peers.
How is BANDHAN SMALL CAP FUND scored on MFIQ?
BANDHAN SMALL CAP FUND holds an MFIQ Score of 7.8/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is BANDHAN SMALL CAP FUND?
BANDHAN SMALL CAP FUND has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.48% with a maximum historical drawdown of -25.20%.