Bandhan Multi Asset Allocation Fund - Regular Plan - IDCW

Bandhan Multi Asset Allocation Fund - Regular Plan - IDCW ranks among the stronger performers in the Multi Asset Allocation category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 80/100.

Cost: At 0.77%, the expense ratio runs 20% above the Multi Asset Allocation category average of 0.64%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.15 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 11.54% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.