Debt
Direct
10 Yr Government Bond
NAV as on 05-12-2024
₹ 44.14
▲0.2%
1D
Inception Returns
9%
/yr
Bandhan Government Securities Fund Constant Maturity Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.
Bandhan Government Securities Fund Constant Maturity Direct Growth has given a CAGR return of 9.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.31%, 5.98% and 6.69% respectively.
Bandhan Government Securities Fund Constant Maturity Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, 6.54% Govt Stock 2032, 7.26% Govt Stock 2032, 7.17% Govt Stock 2028
As it is a 10 yr government 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.
The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities such that weighted average portfolio maturity of around 10 years.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Government Securities Fund Constant Maturity Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | ICICI Securities Libex TR INR |
AUM | ₹344 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 507.99% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (05-Dec-24)
as on (31-Dec-69)
Top Sector in October was Government
Bandhan Government Securities Fund Constant Maturity Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.1% | 1.1% |
6 Month Returns | 5.79% | 5.79% |
1 Year Returns | 11.31% | 11.31% |
3 Years Returns | 19.04% | 5.98% |
5 Years Returns | 38.25% | 6.69% |
AAA | 100 |