Bandhan Banking & PSU Debt Fund Direct Growth
About the Fund
Bandhan Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 7 March, 2013. The fund is managed by Suyash Choudhary, Gautam Kaul. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Banking & PSU Debt Fund Direct Growth has ₹14109 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Bandhan Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.11%, 5.64% and 6.94% respectively.
Holdings
Bandhan Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are National Bank For Agriculture And Rural Development, 7.32% Govt Stock 2030, HDFC Bank Limited, Indian Railway Finance Corporation Limited, 7.1% Govt Stock 2029
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Bandhan Banking & PSU Debt Fund Direct Growth
The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Banking & PSU Debt Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹14109 Cr |
| Inception Date | 7 March, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 109.17% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 6.54% | -10.6% | |
7.32% Govt Stock 2030 | 5.83% | 8.8% | |
HDFC Bank Limited | 5.25% | 0% | |
Indian Railway Finance Corporation Limited | 5.13% | 0% | |
7.1% Govt Stock 2029 | 4.45% | -4.1% |
Mutual Fund Insights
Bandhan Banking & PSU Debt Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹14109 Cr
Expense Ratio 0.33%
Frequently Asked Questions
Bandhan Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.91% | 3.91% |
1 Year Returns | 7.11% | 7.11% |
3 Years Returns | 17.89% | 5.64% |
5 Years Returns | 39.88% | 6.94% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |