Bandhan Bond Fund Short Term Direct Growth

Bandhan Bond Fund Short Term Direct Growth

Debt

Direct

Short Duration

NAV as on 04-12-2024

₹ 58.2

Inception Returns

7.9%

/yr

About Bandhan Bond Fund Short Term Direct Growth

Bandhan Bond Fund Short 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.

Key Parameters

  1. Bandhan Bond Fund Short Term Direct Growth has ₹9725 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Bandhan Bond Fund Short Term Direct Growth has given a CAGR return of 7.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.09%, 6.28% and 6.56% respectively.

Holdings

Bandhan Bond Fund Short Term Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Industrial, Utilities, Cash Equivalent, Basic Materials. Its top holdings are 7.17% Govt Stock 2030, 7.32% Govt Stock 2030, 7.18% Govt Stock 2033, HDFC Bank Ltd., Bajaj Housing Finance Ltd. 8.04%

Taxation

As it is a short 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.

Investment objective of Bandhan Bond Fund Short Term Direct Growth

The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 years.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Bond Fund Short Term Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
764 people have invested ₹ 1.7Cr in Bandhan Bond Fund Short Term Direct Growth in the last three months

Bandhan Bond Fund Short Term Direct Growth Overview

Expense ratio0.33%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹9725 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
296.58%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (04-Dec-24)

Period
Bandhan Bond Fund Short Term Direct Growth
Short Duration Index
1M
0.9%
0.7%
3M
2.2%
1.9%
6M
4.5%
4%
1Y
9.1%
8.2%
3Y
6.3%
6.1%
5Y
6.6%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
47.2%
Corporate
32.4%
Cash Equivalent
20.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 8.9K Cr
₹ 8.9K Cr
₹ 8.9K Cr
  • AUM of the fund stands at 8.9K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone down from 24% to 20.4%
Cash allocation has gone down from 24% to 20.4%
Debt allocation has gone up from 75.7% to 79.4%
Debt allocation has gone up from 75.7% to 79.4%

Top 3 Sectors in October were Financial Services, Corporate & Government

Oct'24
Financial Services
66%
Government
47%
Corporate
32%
Sep'24
Financial Services
66%
Corporate
50%
Government
45%
  • Debt & Cash

Holdings
Weight%
1M Change
7.17% Govt Stock 2030
7.17% Govt Stock 2030
25.63%
11%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
10.04%
39.7%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
9.09%
9.7%
HDFC Bank Ltd.
HDFC Bank Ltd.
5.53%
0%
Bajaj Housing Finance Ltd. 8.04%
Bajaj Housing Finance Ltd. 8.04%
4.88%
0%
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Suyash Choudhary
Suyash Choudhary
Fund Manager of Bandhan Bond Fund Short Term Direct Growth, since 11 March 2011
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.6L Cr
as on 31-Oct-2024
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Mutual Fund Insights

Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.99% return, outperforming this fund by 1.43% per annum.
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Over the last 6 months, this fund has increased expense ratio by 10.0% moving from 0.30 to 0.33.
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In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.22% return, outperforming this fund by 0.94% per annum.
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This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.7%.
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In the last 1 year, this fund has outperformed all funds in its category.
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Over the last 3 months, this fund has experienced a 11.4% growth in AUM moving from 8.72K Cr to 9.72K Cr.

Bandhan Bond Fund Short Term Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.87% since inception which is more than its category average return of 5.83%
AUM size ₹9725 Cr

AUM size ₹9725 Cr

This fund has AUM of ₹9725 Cr which is more than its category average of ₹ 3929 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions for Bandhan Bond Fund Short Term Direct Growth

The current NAV of Bandhan Bond Fund Short Term Direct Growth is ₹58.2 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Bandhan Bond Fund Short Term Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.87%
0.87%
6 Month Returns
4.48%
4.48%
1 Year Returns
9.09%
9.09%
3 Years Returns
20.05%
6.28%
5 Years Returns
37.36%
6.56%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.33% as on November 2024
₹9725 Cr as on November 2024
7.17% Govt Stock 2030(25.63%), 7.32% Govt Stock 2030(10.04%), 7.18% Govt Stock 2033(9.09%), HDFC Bank Ltd.(5.53%), Bajaj Housing Finance Ltd. 8.04%(4.88%) as on November 2024
Government(50.89%), Corporate(40.08%), Cash Equivalent(9.03%) as on November 2024
Yield to Maturity is 7.31 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.88 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Suyash Choudhary is the fund manager of Bandhan Bond Fund Short Term Direct Growth
The Exit load of Bandhan Bond Fund Short Term Direct Growth is 0%