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Bandhan Medium to Long Duration Fund

Medium to Long Duration Fund · Bandhan AMC Limited

In plain words

Among the 101 similar medium to long duration funds we track, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.3 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹16.6 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹93,100. Its ride has historically been comparatively steady.

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Bandhan Medium to Long Duration Fund is RS 99/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
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Bandhan Medium to Long Duration Fund is a medium to long duration fund from Bandhan AMC Limited. It has a track record of about 13.7 years. As of the latest data it carries an RS rating of 99/99 (its recent momentum versus category peers) and a King Score of 81/100 (a long-term quality composite). The current NAV is ₹74.93 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 81/100 · Current momentum (RS): 99/99 · 5-year CAGR: 5.25% · Worst-ever fall: -6.9%
99RS rating
81King Score
6.53%3Y CAGR
5.25%5Y CAGR
-6.9%Max drawdown
0.01Sharpe 3Y
1.1%Expense
54AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

Bandhan Medium to Long Duration Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-0.7%-0.92%
3 months1.45%1.04%
6 months3.87%2.39%
1 year5.86%4.4%
3 years (CAGR)6.53%6.66%
5 years (CAGR)5.25%6.22%
10 years (CAGR)6.69%6.58%

The last 10 years return of Bandhan Medium to Long Duration Fund works out to 6.69% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹1.9 lakh today. The last 5 years return is 5.25% a year (₹1 lakh → ₹1.3 lakh), and the last 3 years return is 6.53% - behind its category's 6.66% average by 0.1 points. Its trailing one-year return is 5.86%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearBandhan Medium to LongBenchmark
2018+7.4%n/a
2019+11.0%n/a
2020+12.5%n/a
2021+1.9%n/a
2022+1.3%n/a
2023+6.7%n/a
2024+8.7%n/a
2025+4.7%n/a
2026+4.6%n/a

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in Bandhan Medium to Long Duration Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹405,4476.03%
5 years₹610,000₹711,0386.07%
10 years₹1,210,000₹1,664,1646.21%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹1,664,164 - an XIRR of 6.21%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-6.9%-11.03%
Worst drawdown (3Y)-1.91%-1.88%
Volatility (1Y)2.8%2.97%
Sharpe (3Y)0.010.06
Bull-market return6.1%6.81%
Bear-market return9.9%7.89%

Timing matters more than people admit: the best possible 1-year stretch in Bandhan Medium to Long Duration Fund (starting 2014-02-13) gained 18.1%, while the worst (starting 2017-09-11) lost 1.1%. The worst peak-to-bottom fall Bandhan Medium to Long Duration Fund has ever put investors through is -6.9% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 9.9% annualised, versus 6.1% in rising markets.

How Bandhan Medium to Long Duration Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Bandhan Medium to Long Duration Fund has historically returned about 9.9% annualised, versus roughly 6.1% when the market is rising. Its deepest fall on record is -6.9%. Right now it sits about 0.7% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.

How Bandhan Medium to Long Duration Fund ranks in its category

Percentile versus its ~101 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
80th
Drawdown resilience
85th
Consistency
77th
Risk-adjusted (Sharpe)
81th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR7.67%
3Y windows positive100.0%
Worst 3Y window2.83%
Median 5Y rolling CAGR7.31%
Median 10Y rolling CAGR7.62%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Bandhan Medium to Long Duration Fund returned a median of 7.67% a year, and 100.0% of those windows were positive.

Who manages Bandhan Medium to Long Duration Fund - and how good are they?

Bandhan Medium to Long Duration Fund is managed by Suyash Choudhary and Brijesh Shah. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Suyash Choudhary's full record

Suyash Choudhary currently runs 5 funds, across Banking and PSU Fund, Dynamic Bond, Gilt Fund, Medium Duration Fund and more, with about ₹10,390 Cr under management. The book's average King Score is 83.8/100. Their strongest fund by King Score is Bandhan Gilt Fund (93/100); Bandhan Medium to Long Duration Fund ranks #4 of 5 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Bandhan Gilt Fund98931.8%4.9%7.7%7.9%6.4%7.8%0.368.5%-7.0%
2BANDHAN Dynamic Bond Fund99831.7%4.7%7.2%7.6%6.1%7.4%0.298.2%-7.0%
3Bandhan Banking and PSU Fund91821.4%3.4%5.9%7.2%6.2%7.2%0.647.5%-3.3%
4Bandhan Medium to Long Duration Fund (this page)99811.4%3.9%5.9%6.5%5.2%6.7%0.017.7%-6.9%
5Bandhan Medium Duration Fund81801.6%3.6%6.1%7.5%6.0%6.9%0.637.8%-3.6%

Brijesh Shah's full record

Brijesh Shah currently runs 19 funds, across Aggressive Hybrid Fund, Banking and PSU Fund, Dynamic Bond, Equity Savings and more, with about ₹52,403 Cr under management. The book's average King Score is 79.8/100. Their strongest fund by King Score is Bandhan Gilt Fund (93/100); Bandhan Medium to Long Duration Fund ranks #9 of 19 in their book.

Tap any column heading to sort.

Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Bandhan Gilt Fund98931.8%4.9%7.7%7.9%6.4%7.8%0.368.5%-7.0%
2Bandhan Aggressive Hybrid Fund88882.1%8.8%6.0%13.5%11.2%n/a0.5615.5%-31.6%
3BANDHAN LIQUID Fund89841.6%3.5%6.6%7.0%6.3%6.1%1.256.8%-0.2%
4BANDHAN Dynamic Bond Fund99831.7%4.7%7.2%7.6%6.1%7.4%0.298.2%-7.0%
5Bandhan Money Market Fund95831.9%3.5%6.8%7.4%6.7%6.5%1.637.0%-1.3%
6BANDHAN Overnight Fund87831.3%2.6%5.3%6.1%5.7%n/a-1.655.2%0.0%
7Bandhan Gilt Fund with 10 year constant duration Fund96821.0%2.2%4.7%7.6%5.8%7.9%0.359.1%-5.0%
8Bandhan Banking and PSU Fund91821.4%3.4%5.9%7.2%6.2%7.2%0.647.5%-3.3%
9Bandhan Medium to Long Duration Fund (this page)99811.4%3.9%5.9%6.5%5.2%6.7%0.017.7%-6.9%
10Bandhan Medium Duration Fund81801.6%3.6%6.1%7.5%6.0%6.9%0.637.8%-3.6%
11BANDHAN Equity Savings Fund77651.0%3.0%3.8%6.9%6.5%7.2%0.177.8%-17.3%
12Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF37542.2%5.5%12.5%9.5%n/an/a0.679.5%-3.4%
13Bandhan Innovation Fund95n/a9.9%26.5%16.6%n/an/an/a0.76n/a-19.7%
14Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund90n/a2.0%3.9%7.0%n/an/an/a0.96n/a-0.0%
15Bandhan Multi Asset Allocation Fund88n/a0.3%5.4%12.7%n/an/an/a0.98n/a-9.1%
16Bandhan CRISIL-IBX 10 90 Gilt Plus SDL Index - Dec 2029 Fund66n/a1.2%2.4%5.4%n/an/an/a0.05n/a-1.1%
17Bandhan Business Cycle Fund36n/a-0.6%7.2%-3.4%n/an/an/a-0.44n/a-17.6%
18Bandhan Multi-Factor Fund5n/a-5.1%-4.4%-5.2%n/an/an/an/an/a-13.4%
19Bandhan Healthcare Fundn/an/a8.5%18.7%n/an/an/an/an/an/a-7.7%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)1.1%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹1000
Fund size (AUM)₹54 Cr
Age13.7 years
Plan / OptionDirect · Growth

How Bandhan Medium to Long Duration Fund compares to peers

FundRSKing3Y CAGR
Kotak Bond Fund94857.1%
SBI Medium to Long Duration Fund87856.9%
LIC MF Medium to Long Duration Fund91847.3%
SBI Medium to Long Duration Fund85846.9%
ICICI Prudential Bond Fund80847.1%
Nippon India Medium to Long Duration Fund83806.6%
Compare side by side. Chart Bandhan Medium to Long Duration Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
Compare these funds free →

Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Bandhan Medium to Long Duration Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (81/100), leading current momentum (RS 99). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Bandhan Medium to Long Duration Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Bandhan Medium to Long Duration Fund scores 81/100 on our King Score and RS 99/99 within its category, has compounded 6.53% a year over three years, and its worst drawdown was -6.9%. Compare those against your needs and the peer table above.

What is the NAV of Bandhan Medium to Long Duration Fund today?

The latest NAV is ₹74.93 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the last 10 years return of Bandhan Medium to Long Duration Fund?

Over the last 10 years Bandhan Medium to Long Duration Fund has returned about 6.69% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹1.9 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

What is the expense ratio of Bandhan Medium to Long Duration Fund?

The Direct-plan expense ratio is 1.1% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Bandhan Medium to Long Duration Fund?

Bandhan Medium to Long Duration Fund is managed by Suyash Choudhary; Brijesh Shah.

Is Bandhan Medium to Long Duration Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -6.9% - ₹1 lakh briefly becoming about ₹93,100. As a debt fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Bandhan Medium to Long Duration Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹16.6 lakh (XIRR 6.21%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of Bandhan Medium to Long Duration Fund?

A ₹10,000/month SIP over 10 years would have grown to about ₹1,664,164 (an XIRR of 6.21%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Bandhan Medium to Long Duration Fund rank among similar funds?

On 3-year returns it sits around the 80th percentile of its category, and its consistency ranks 77th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Bandhan Medium to Long Duration Fund tax-efficient / what about capital gains?

As a debt fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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