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.
Bandhan Bond Fund Short Term Direct Growth has given a CAGR return of 7.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.68%, 5.71% and 6.71% respectively.
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 7.32% Govt Stock 2030, Punjab National Bank, Bajaj Housing Finance Ltd. 8.04%, HDFC Bank Limited, Indian Railway Finance Corporation Limited
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.
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 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.
Expense ratio | 0.31% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹8618 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 142.05% |
Risk | Moderate Risk |
Bandhan Bond Fund Short Term Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 4.08% | 4.08% |
1 Year Returns | 7.68% | 7.68% |
3 Years Returns | 18.13% | 5.71% |
5 Years Returns | 38.34% | 6.71% |
AAA | 100 |