Bandhan Corporate Bond Fund Direct Growth
About the Fund
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.
Key Parameters
- Bandhan Corporate Bond Fund Direct Growth has ₹13586 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Bandhan Corporate Bond Fund Direct Growth has given a CAGR return of 7.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.30%, 5.38% and 6.70% respectively.
Holdings
Bandhan Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.54% Govt Stock 2032, Export-Import Bank of India 7.4%, 7.26% Govt Stock 2033, Bajaj Housing Finance Ltd. 7.78%, National Housing Bank
Taxation
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.
Investment objective of Bandhan Corporate Bond Fund Direct Growth
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 and lockin period
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.
Fund Overview
| Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹13586 Cr |
| Inception Date | 12 January, 2016 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 82.63% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 6.54% Govt Stock 2032 | 10.91% | 3% | |
Export-Import Bank of India 7.4% | 7.91% | 0% | |
7.26% Govt Stock 2033 | 7.46% | 0% | |
Bajaj Housing Finance Ltd. 7.78% | 6.59% | 0% | |
National Housing Bank | 6.38% | 0% |
Mutual Fund Insights
Bandhan Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹13586 Cr
Expense Ratio 0.33%
Frequently Asked Questions
Bandhan Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 3.77% | 3.77% |
1 Year Returns | 7.3% | 7.3% |
3 Years Returns | 17.02% | 5.38% |
5 Years Returns | 38.27% | 6.7% |
- 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.
AAA | 100 |