Previously Known As : Idfc Tax Advantage (Elss) Fund/Bandhan Tax Advantage (Elss) Fund
Bandhan Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 23
BMSMONEY Rating
Gro. Opt. As On: 29-10-2024
NAV ₹150.49(R) +0.39% ₹171.49(D) +0.39%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 29.59% 15.72% 22.85% 15.25% 16.38%
LumpSum (D) 31.07% 17.07% 24.24% 16.6% 17.77%
SIP (R) 15.51% 21.12% 24.55% 20.6% 17.56%
SIP (D) 16.85% 22.5% 26.01% 21.95% 18.86%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.93 0.46 0.92 3.15% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.61% -18.59% -11.04% 0.92 9.3%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
BANDHAN ELSS Tax Saver Fund - Regular Plan - IDCW 34.87
0.1400
0.3900%
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW 45.52
0.1800
0.3900%
BANDHAN ELSS Tax Saver Fund - Regular Plan - Growth 150.49
0.5900
0.3900%
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth 171.49
0.6700
0.3900%

Review Date: 29-10-2024

Bandhan ELSS Tax saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 23 out of 33 funds in the category. The fund has delivered return of 29.59% in 1 year, 15.72% in 3 years, 22.85% in 5 years and 16.38% in 10 years. The category average for the same periods is 37.97%, 16.18%, 19.75% and 14.73% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 12.61, VaR of -18.59, Average Drawdown of -4.36, Semi Deviation of 9.3 and Max Drawdown of -11.04. The category average for the same parameters is 12.67, -14.08, -5.23, 8.83 and -12.31 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Bandhan ELSS Tax saver Fund direct growth option would have grown to ₹13107.0 in 1 year, ₹16045.0 in 3 years and ₹29598.0 in 5 years as of today (29-10-2024).
  2. An SIP of ₹1,000 per month in Bandhan ELSS Tax saver Fund direct growth option would have grown to ₹13069.0 in 1 year, ₹50001.0 in 3 years and ₹114130.0 in 5 years as of today (29-10-2024).
  3. standard deviation of 12.61 and based on VaR one can expect to lose more than -18.59% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.93 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.88, Beta of 0.92 and Jensen's Alpha of 3.15% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -6.19
-5.10
-8.25 | -1.34 36 | 40 Poor
3M Return % -3.39
-1.35
-6.31 | 5.77 33 | 40 Poor
6M Return % 6.63
10.63
1.79 | 19.88 36 | 40 Poor
1Y Return % 29.59
37.97
21.07 | 63.94 34 | 40 Poor
3Y Return % 15.72
16.18
7.79 | 24.73 17 | 33 Good
5Y Return % 22.85
19.75
13.16 | 31.88 6 | 33 Very Good
7Y Return % 15.25
14.61
9.85 | 22.65 12 | 29 Good
10Y Return % 16.38
14.73
11.27 | 22.53 5 | 23 Very Good
15Y Return % 16.33
14.55
12.02 | 16.60 2 | 19 Very Good
1Y SIP Return % 15.51
23.66
7.43 | 48.63 36 | 40 Poor
3Y SIP Return % 21.12
24.07
17.27 | 38.29 25 | 33 Average
5Y SIP Return % 24.55
23.08
16.19 | 31.86 12 | 33 Good
7Y SIP Return % 20.60
19.63
13.41 | 28.48 9 | 29 Good
10Y SIP Return % 17.56
16.56
12.01 | 23.85 6 | 23 Very Good
15Y SIP Return % 17.16
15.90
13.26 | 20.55 5 | 20 Very Good
Standard Deviation 12.61
12.67
9.62 | 15.47 20 | 33 Average
Semi Deviation 9.30
8.83
6.83 | 10.96 25 | 33 Average
Max Drawdown % -11.04
-12.31
-22.56 | -6.28 11 | 33 Good
VaR 1 Y % -18.59
-14.08
-20.17 | -11.38 31 | 33 Poor
Average Drawdown % -4.36
-5.23
-9.24 | -2.48 8 | 33 Very Good
Sharpe Ratio 0.93
0.88
0.19 | 1.48 14 | 33 Good
Sterling Ratio 0.92
0.86
0.31 | 1.53 13 | 33 Good
Sortino Ratio 0.46
0.47
0.12 | 0.85 16 | 33 Good
Jensen Alpha % 3.15
1.99
-8.39 | 9.14 13 | 33 Good
Treynor Ratio 0.13
0.12
0.03 | 0.20 13 | 33 Good
Modigliani Square Measure % 19.72
19.11
8.58 | 28.03 12 | 33 Good
Alpha % 1.79
0.59
-7.52 | 9.35 12 | 33 Good
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -6.10 -5.04 -8.06 | -1.27 36 | 41
3M Return % -3.13 -1.11 -6.06 | 6.09 34 | 41
6M Return % 7.23 11.22 2.32 | 20.59 37 | 41
1Y Return % 31.07 39.52 22.72 | 65.90 35 | 40
3Y Return % 17.07 17.50 8.64 | 26.25 18 | 33
5Y Return % 24.24 21.12 14.12 | 34.01 6 | 33
7Y Return % 16.60 15.83 10.68 | 24.34 10 | 29
10Y Return % 17.77 15.75 12.12 | 23.79 5 | 24
1Y SIP Return % 16.85 25.07 8.86 | 50.44 37 | 40
3Y SIP Return % 22.50 25.42 18.49 | 39.90 25 | 33
5Y SIP Return % 26.01 24.47 17.10 | 33.89 10 | 33
7Y SIP Return % 21.95 20.85 14.33 | 30.37 9 | 29
10Y SIP Return % 18.86 17.57 12.97 | 25.34 6 | 24
Standard Deviation 12.61 12.67 9.62 | 15.47 20 | 33
Semi Deviation 9.30 8.83 6.83 | 10.96 25 | 33
Max Drawdown % -11.04 -12.31 -22.56 | -6.28 11 | 33
VaR 1 Y % -18.59 -14.08 -20.17 | -11.38 31 | 33
Average Drawdown % -4.36 -5.23 -9.24 | -2.48 8 | 33
Sharpe Ratio 0.93 0.88 0.19 | 1.48 14 | 33
Sterling Ratio 0.92 0.86 0.31 | 1.53 13 | 33
Sortino Ratio 0.46 0.47 0.12 | 0.85 16 | 33
Jensen Alpha % 3.15 1.99 -8.39 | 9.14 13 | 33
Treynor Ratio 0.13 0.12 0.03 | 0.20 13 | 33
Modigliani Square Measure % 19.72 19.11 8.58 | 28.03 12 | 33
Alpha % 1.79 0.59 -7.52 | 9.35 12 | 33
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.39 ₹ 10,039.00 0.39 ₹ 10,039.00
1W -0.72 ₹ 9,928.00 -0.70 ₹ 9,930.00
1M -6.19 ₹ 9,381.00 -6.10 ₹ 9,390.00
3M -3.39 ₹ 9,661.00 -3.13 ₹ 9,687.00
6M 6.63 ₹ 10,663.00 7.23 ₹ 10,723.00
1Y 29.59 ₹ 12,959.00 31.07 ₹ 13,107.00
3Y 15.72 ₹ 15,495.00 17.07 ₹ 16,045.00
5Y 22.85 ₹ 27,982.00 24.24 ₹ 29,598.00
7Y 15.25 ₹ 27,007.00 16.60 ₹ 29,307.00
10Y 16.38 ₹ 45,594.00 17.77 ₹ 51,339.00
15Y 16.33 ₹ 96,683.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 15.51 ₹ 12,985.56 16.85 ₹ 13,068.54
3Y ₹ 36000 21.12 ₹ 49,049.14 22.50 ₹ 50,001.41
5Y ₹ 60000 24.55 ₹ 110,203.74 26.01 ₹ 114,130.44
7Y ₹ 84000 20.60 ₹ 175,123.54 21.95 ₹ 183,712.37
10Y ₹ 120000 17.56 ₹ 302,097.36 18.86 ₹ 323,986.08
15Y ₹ 180000 17.16 ₹ 744,779.16 ₹


Date Bandhan Elss Tax Saver Fund NAV Regular Growth Bandhan Elss Tax Saver Fund NAV Direct Growth
29-10-2024 150.485 171.491
28-10-2024 149.899 170.818
25-10-2024 149.122 169.917
24-10-2024 150.895 171.932
23-10-2024 151.36 172.457
22-10-2024 151.583 172.706
21-10-2024 154.188 175.669
18-10-2024 155.337 176.962
17-10-2024 154.806 176.351
16-10-2024 156.516 178.294
15-10-2024 156.656 178.448
14-10-2024 156.993 178.826
11-10-2024 156.484 178.231
10-10-2024 156.39 178.119
09-10-2024 156.375 178.096
08-10-2024 155.561 177.164
07-10-2024 154.248 175.663
04-10-2024 156.251 177.929
03-10-2024 157.527 179.376
01-10-2024 160.291 182.512
30-09-2024 160.408 182.64

Fund Launch Date: 01/Dec/2008
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equityand equity related securities. There can be no assurance that the investment objective of the scheme will be realised.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: S&P BSE 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.