Bandhan Credit Risk Fund Direct Growth

Debt
Direct
Credit Risk
Bandhan Credit Risk Fund Direct Growth

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 Gautam Kaul. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Credit Risk Fund Direct Growth has ₹346 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 Growth has given a CAGR return of 6.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.25%, 5.73% and 6.66% respectively.

Holdings

Bandhan Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are Century Textiles And Industried Limited, Godrej Industries Limited, 7.18% Govt Stock 2037, Tata Projects Limited, 7.23% Govt Stock 2039

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 Growth

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 100.00. Bandhan Credit Risk Fund Direct Growth has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.68%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹346 Cr
Inception Date
Inception Date
3 March, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
83.12%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AA
73.9%

AAA
26.1%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
71%
Government
19.7%
Cash Equivalent
5.7%
Securitize
3.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Century Textiles And Industried Limited
Century Textiles And Industried Limited
11.55%
0%
Godrej Industries Limited
Godrej Industries Limited
11.44%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
8.75%
-45.5%
Tata Projects Limited
Tata Projects Limited
8.68%
0%
7.23% Govt Stock 2039
7.23% Govt Stock 2039
7.35%
0%

Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Credit Risk Fund Direct Growth, since 16 July 2022

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 7.4% drop in AUM moving from 373.86 Cr to 346.14 Cr.
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In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.61% return, outperforming this fund by 5.88% per annum.
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In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.16% return, outperforming this fund by 8.91%.
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This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.22%.
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In the last 5 years, DSP Credit Risk Fund Direct Plan Growth has given 8.62% return, outperforming this fund by 1.95% per annum.

Bandhan Credit Risk Fund Direct Growth 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 6.97% since inception which is more than its category average return of 5.27%
AUM size ₹346 Cr

AUM size ₹346 Cr

This fund has AUM of ₹346 Cr which is less than its category average of ₹ 1234 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 Growth is ₹16.33 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Bandhan Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.81%
0.81%
6 Month Returns
4.15%
4.15%
1 Year Returns
7.25%
7.25%
3 Years Returns
18.2%
5.73%
5 Years Returns
38.07%
6.66%
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 May 2024
₹346 Cr as on May 2024
Century Textiles And Industried Limited(11.55%), Godrej Industries Limited(11.44%), 7.18% Govt Stock 2037(8.75%), Tata Projects Limited(8.68%), 7.23% Govt Stock 2039(7.35%) as on May 2024
Corporate(70.99%), Government(19.68%), Cash Equivalent(5.69%) as on May 2024
Yield to Maturity is 8.08 as on May 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 May 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 Growth
The Exit load of Bandhan Credit Risk Fund Direct Growth is 1%