Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt

Debt
Direct
Credit Risk
Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt

About the Fund

Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt is a debt fund. This fund was started on 3 March, 2017. The fund is managed by Gautam Kaul. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt has ₹344 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt has given a CAGR return of 4.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.57%, 1.98% and 3.54% respectively.

Holdings

Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, Century Textiles And Industried Limited, Godrej Industries Limited, Tata Projects Limited, Bharti Telecom Limited

Taxation

As it is a credit risk 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 Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt

The Fund seeks to generate returns by investing predominantly in AA and below 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 0.00. Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.68%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹344 Cr
Inception Date3 March, 2017
Min Lumpsum/SIP₹1000/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
83.12%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AA
73.9%

AAA
26.1%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
73%
Government
23.1%
Cash Equivalent
3.9%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
22.97%
44.4%
Century Textiles And Industried Limited
Century Textiles And Industried Limited
11.63%
0%
Godrej Industries Limited
Godrej Industries Limited
11.53%
0%
Tata Projects Limited
Tata Projects Limited
8.75%
0%
Bharti Telecom Limited
Bharti Telecom Limited
7.29%
0%

Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt, since 16 July 2022

Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.34% since inception which is less than its category average return of 5.3%
AUM size ₹344 Cr

AUM size ₹344 Cr

This fund has AUM of ₹344 Cr which is less than its category average of ₹ 1264 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt is ₹10.46 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
-2.66%
-2.66%
1 Year Returns
0.57%
0.57%
3 Years Returns
6.06%
1.98%
5 Years Returns
19.01%
3.54%
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.
0.68% as on June 2024
₹344 Cr as on June 2024
7.18% Govt Stock 2037(22.97%), Century Textiles And Industried Limited(11.63%), Godrej Industries Limited(11.53%), Tata Projects Limited(8.75%), Bharti Telecom Limited(7.29%) as on June 2024
Corporate(73.03%), Government(23.07%), Cash Equivalent(3.9%) as on June 2024
Yield to Maturity is 8.08 as on June 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 2.57 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
73.92
AAA
26.08
Gautam Kaul is the fund manager of Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt
The Exit load of Bandhan Credit Risk Fund Direct Annual Reinvestment of Income Distribution cum Capital Wdrl Opt is 1%