Debt
Direct
Banking & Psu
NAV as on 03-12-2024
₹ 24.15
▲0.1%
1D
Inception Returns
7.8%
/yr
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.
Bandhan Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.28%, 6.21% and 6.66% respectively.
Bandhan Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.17% Govt Stock 2030, Indian Railway Finance Corporation Limited, Indian Railway Finance Corporation Limited, National Bank For Agriculture And Rural Development
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.
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 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.
Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹13429 Cr |
Inception Date | 7 March, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 125.66% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (03-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Corporate, Government
Bandhan Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 4.21% | 4.21% |
1 Year Returns | 8.28% | 8.28% |
3 Years Returns | 19.81% | 6.21% |
5 Years Returns | 38.04% | 6.66% |
AAA | 100 |