Bandhan Corporate Bond Fund Direct Plan Growth

Bandhan Corporate Bond Fund Direct Plan Growth

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Debt
Direct
Corporate Bond
NAV: ₹ 17.97 as on 17-05-2024

About the Fund

Bandhan Corporate Bond Fund Direct Plan Growth is a debt fund. This fund was started on 12 January, 2016. The fund is managed by Suyash Choudhary, Gautam Kaul. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Corporate Bond Fund Direct Plan Growth has ₹13722 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.
Fund Performance
zero opening, trading, fund transfer fee
285 people have invested ₹ 11.7L in Bandhan Corporate Bond Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹13722 Cr
Inception Date
Inception Date
12 January, 2016
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
82.63%

Bandhan Corporate Bond Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
47.9%
Government
44.9%
Cash Equivalent
7.3%

Top Holdings of Bandhan Corporate Bond Fund Direct Plan Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings92
Holdings
Weight%
1M Change
6.54% Govt Stock 2032
6.54% Govt Stock 2032
13.76%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
8.43%
0%
Export-Import Bank of India 7.4%
Export-Import Bank of India 7.4%
7.77%
-6.5%
Bajaj Housing Finance Ltd. 7.78%
Bajaj Housing Finance Ltd. 7.78%
6.51%
0%
National Housing Bank
National Housing Bank
6.3%
6.1%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 13.8K Cr
₹ 13.8K Cr
₹ 13.7K Cr
  • AUM of the fund stands at 13.8K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.48%.
Insights icon
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.82% return, outperforming this fund by 1.08% per annum.
Insights icon
Over the last 6 months, this fund has increased expense ratio by 3.2% moving from 0.31 to 0.32.
Insights icon
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.27% return, outperforming this fund by 1.13% per annum.
Insights icon
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.69% return, outperforming this fund by 0.67%.

Fund Manager

Suyash Choudhary
Suyash Choudhary
Fund Manager of Bandhan Corporate Bond Fund Direct Plan Growth, since 28 July 2021
Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Corporate Bond Fund Direct Plan Growth, since 1 December 2021

Bandhan Corporate Bond Fund Direct Plan 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 7.27% since inception which is more than its category average return of 5.47%
AUM size ₹13722 Cr

AUM size ₹13722 Cr

This fund has AUM of ₹13722 Cr which is more than its category average of ₹ 6128 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Bandhan Corporate Bond Fund Direct Plan Growth is ₹17.97 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Bandhan Corporate Bond Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.83%
0.83%
6 Month Returns
3.45%
3.45%
1 Year Returns
7.02%
7.02%
3 Years Returns
16.21%
5.14%
5 Years Returns
38.56%
6.74%
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.
0.32% as on April 2024
₹13722 Cr as on April 2024
6.54% Govt Stock 2032(13.76%), 7.26% Govt Stock 2033(8.43%), Export-Import Bank of India 7.4%(7.77%), Bajaj Housing Finance Ltd. 7.78%(6.51%), National Housing Bank(6.3%) as on April 2024
Corporate(52.52%), Government(44.15%), Cash Equivalent(3.33%) as on April 2024
Yield to Maturity is 7.62 as on April 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 3.1 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Suyash Choudhary, Gautam Kaul are the fund managers of Bandhan Corporate Bond Fund Direct Plan Growth
The Exit load of Bandhan Corporate Bond Fund Direct Plan Growth is 0%