Bandhan Asset Allocation Fund-Moderate Plan

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated six return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
   1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
   2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
   3. Below Average: Bandhan Asset Allocation Fund-Moderate Plan has six return parameters that are below average in the category, which are listed below:
      
      • 5Y Return %
      • 3Y Return %
      • 1Y Return %
      • 1M Return %
      • 6M Return %
      • 3M Return %
2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Bandhan Asset Allocation Fund-Moderate Plan, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: Bandhan Asset Allocation Fund-Moderate Plan does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
   2. Below Average but Above the Lowest 25%: Bandhan Asset Allocation Fund-Moderate Plan has two risk parameters that are below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 7.01 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 4.97 %.
   3. Above Average: Bandhan Asset Allocation Fund-Moderate Plan does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Bandhan Asset Allocation Fund-Moderate Plan has one risk-adjusted performance parameter of the fund that is in the this group of the category.
      • Treynor Ratio: Bandhan Asset Allocation Fund-Moderate Plan has a Treynor Ratio of 0.05 compared to the category average of -0.04.
   3. Below Average Risk Adjusted Performance Parameters: Bandhan Asset Allocation Fund-Moderate Plan has three risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Bandhan Asset Allocation Fund-Moderate Plan has a Sharpe Ratio of 0.31 compared to the category average of 0.47.
      • Sterling Ratio: Bandhan Asset Allocation Fund-Moderate Plan has a Sterling Ratio of 0.53 compared to the category average of 0.68.
      • Sortino Ratio: Bandhan Asset Allocation Fund-Moderate Plan has a Sortino Ratio of 0.15 compared to the category average of 0.26.

Date	Bandhan Asset Allocation Fund-Moderate Plan NAV Regular Growth	Bandhan Asset Allocation Fund-Moderate Plan NAV Direct Growth
07-03-2025	37.4284	39.985
06-03-2025	37.4531	40.0107
05-03-2025	37.2993	39.8458
04-03-2025	37.0808	39.6116
03-03-2025	37.0549	39.5833
28-02-2025	37.0056	39.5286
27-02-2025	37.3274	39.8717
25-02-2025	37.385	39.9318
24-02-2025	37.4303	39.9796
21-02-2025	37.5984	40.1571
20-02-2025	37.7092	40.2746
18-02-2025	37.5763	40.1313
17-02-2025	37.6148	40.1717
14-02-2025	37.6382	40.1947
13-02-2025	37.8408	40.4104
12-02-2025	37.8366	40.4052
11-02-2025	37.9007	40.4729
10-02-2025	38.2244	40.8179
07-02-2025	38.4677	41.0756