Bandhan Bond Fund Medium Term Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Suyash Choudhary. This fund is suitable to keep your money safe.
Bandhan Bond Fund Medium Term Direct Growth has given a CAGR return of 7.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.34%, 5.16% and 6.25% respectively.
Bandhan Bond Fund Medium Term Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 6.54% Govt Stock 2032, 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development, Tata Capital Housing Finance Limited, Indian Railway Finance Corporation Limited
As it is a medium duration 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 invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Bond Fund Medium Term Direct Growth has no lock in period.
Expense ratio | 0.6% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹1530 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 156.19% |
Risk | Moderate Risk |
Bandhan Bond Fund Medium Term Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.34% | 7.34% |
3 Years Returns | 16.29% | 5.16% |
5 Years Returns | 35.38% | 6.25% |
AAA | 100 |