Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt

Debt
Direct
Index Funds - Fixed Income
Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt

About the Fund

Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt is a debt fund. This fund was started on 23 March, 2021. The fund is managed by Harshal Joshi, Gautam Kaul. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt has ₹8311 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt has given a CAGR return of 2.26% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -3.65% and 1.72% respectively.

Holdings

Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, 8.24% Govt Stock 2027, 6.79% Govt Stock 2027

Taxation

As it is a index funds - fixed income 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 CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL Gilt 2027 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.18%
Benchmark
CRISIL Gilt 2027 Index
AUM₹8311 Cr
Inception Date23 March, 2021
Min Lumpsum/SIP--/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
76.92%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
98.8%
Cash Equivalent
1.2%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
76.79%
0.2%
8.24% Govt Stock 2027
8.24% Govt Stock 2027
11.93%
21.4%
6.79% Govt Stock 2027
6.79% Govt Stock 2027
10.12%
0.6%

Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt, since 28 July 2021
Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt, since 1 December 2021

Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 2.26% since inception which is less than its category average return of 6.4%
AUM size ₹8311 Cr

AUM size ₹8311 Cr

This fund has AUM of ₹8311 Cr which is more than its category average of ₹ 1543 Cr
Expense Ratio 0.18%

Expense Ratio 0.18%

This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.26%

Frequently Asked Questions

The current NAV of Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt is ₹10.29 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt
Absolute Returns
CAGR Returns
1 Month Returns
0.81%
0.81%
6 Month Returns
0.28%
0.28%
1 Year Returns
-3.65%
-3.65%
3 Years Returns
5.26%
1.72%
5 Years Returns
0%
0%
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.
0.18% as on June 2024
₹8311 Cr as on June 2024
Yield to Maturity is 7.1 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 2.56 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Harshal Joshi, Gautam Kaul are the fund managers of Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt
The Exit load of Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Payout of Income Distribution cum cptl Wdrl opt is 0%