Bandhan Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV: ₹ 15.2 as on 29-05-2023
Fund Performance
6 people have invested ₹ 14K in Bandhan Credit Risk Fund Direct Growth in the last three months
Fund Insights
Bandhan Credit Risk Fund Direct Growth has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.24%
About the Fund
Bandhan Credit Risk Fund Direct Growth is a debt fund. This fund was started on 3 March, 2017. The fund is managed by Debraj Lahiri, Gautam Kaul. This fund is suitable to keep your money safe.
Key parameters
1) Bandhan Credit Risk Fund Direct Growth has a NAV of ₹15.1727 as on 29-05-2023.
2) Bandhan Credit Risk Fund Direct Growth has ₹459 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.65 %.
Bandhan Credit Risk Fund Direct Growth Overview
 | 0.65% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹459 Cr |
 | 3 March, 2017 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 11.82% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AA
66.1%
AAA
33.9%
Sector Allocation
Government
35.3%
Cash Equivalent
33.4%
Corporate
24.7%
Securitize
6.7%
Top Holdings of Bandhan Credit Risk Fund Direct Growth as on (30-Apr-23)
Debt Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 26.33% | 47.9% | |
Godrej Industries Limited | 11.74% | 0% | |
The Tata Power Company Limited | 9.15% | 0% | |
Summit Digitel Infrastructure Limited | 8.72% | 0% | |
TATA Motors Limited | 6.39% | 0% |
See all
Bandhan Credit Risk Fund Direct Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.25% whereas the fund’s underlying benchmark Credit Risk Index returns stands at 0.31% as on Apr'23
- This fund underperformed Credit Risk Index by 0.06% in Apr'23
AUM Change
- AUM of the fund stands at 459 Cr as of Apr'23
- AUM decreased by 1.4 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Bandhan Credit Risk Fund Direct Growth Fund Manager
Debraj Lahiri
Fund Manager of Bandhan Credit Risk Fund Direct Growth, since 17 April 2023
Top funds managed
Gautam Kaul
Fund Manager of Bandhan Credit Risk Fund Direct Growth, since 16 July 2022
Top funds managed
Fund Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 6.91% since inception which is more than its category average return of 5.27%
AUM size ₹459 Cr
This fund has AUM of ₹459 Cr which is less than its category average of ₹ 1325 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.14%
Frequently Asked Questions
The current NAV of Bandhan Credit Risk Fund Direct Growth is ₹15.17 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
Bandhan Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.43% | 0.43% |
6 Month Returns | 3.48% | 3.48% |
1 Year Returns | 6.79% | 6.79% |
3 Years Returns | 19.34% | 6.07% |
5 Years Returns | 40.18% | 6.99% |
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.
0.65% as on April 2023
₹459 Cr as on April 2023
7.38 6/20/2027 12:00:00 Am(26.33%), Godrej Industries Limited(11.74%), The Tata Power Company Limited(9.15%), Summit Digitel Infrastructure Limited(8.72%), TATA Motors Limited(6.39%) as on April 2023
Government(40.94%), Corporate(30.96%), Cash Equivalent(20.95%) as on April 2023
Yield to Maturity is 7.52 as on April 2023. 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 2.71 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 66.09 |
AAA | 33.91 |
Debraj Lahiri, Gautam Kaul are the fund managers of Bandhan Credit Risk Fund Direct Growth
The Exit load of Bandhan Credit Risk Fund Direct Growth is 1%