Debt
Direct
Corporate Bond
NAV as on 30-11-2024
₹ 18.81
Inception Returns
7.4%
/yr
Bandhan Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 12 January, 2016. The fund is managed by Gautam Kaul, Suyash Choudhary. This fund is suitable to keep your money safe.
Bandhan Corporate Bond Fund Direct Growth has given a CAGR return of 7.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.04%, 5.84% and 6.73% respectively.
Bandhan Corporate Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, National Housing Bank, Export-Import Bank of India 7.4%, Bajaj Housing Finance Ltd. 7.78%
As it is a corporate bond 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 Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹14098 Cr |
Inception Date | 12 January, 2016 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 138.14% |
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 (30-Nov-24)
as on (31-Dec-69)
Top 2 Sectors in October were Government, Corporate
Bandhan Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 4.32% | 4.32% |
1 Year Returns | 8.04% | 8.04% |
3 Years Returns | 18.57% | 5.84% |
5 Years Returns | 38.47% | 6.73% |
AAA | 100 |