Bandhan Government Securities Fund Constant Maturity Direct Growth

Bandhan Government Securities Fund Constant Maturity Direct Growth

Debt

Direct

10 Yr Government Bond

NAV as on 05-12-2024

₹ 44.14

0.2%

1D

Inception Returns

9%

/yr

About Bandhan Government Securities Fund Constant Maturity Direct Growth

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.

Key Parameters

  1. Bandhan Government Securities Fund Constant Maturity Direct Growth 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 0.3.

Returns

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.

Holdings

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

Taxation

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.

Investment objective of Bandhan Government Securities Fund Constant Maturity Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
99 people have invested ₹ 17.7L in Bandhan Government Securities Fund Constant Maturity Direct Growth in the last three months

Bandhan Government Securities Fund Constant Maturity Direct Growth Overview

Expense ratio0.3%
Benchmark
ICICI Securities Libex TR INR
AUM₹344 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
507.99%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (05-Dec-24)

Period
Bandhan Government Securities Fund Constant Maturity Direct Growth
10 yr Government Bond Index
1M
1.1%
1.2%
3M
2.4%
2.2%
6M
5.8%
5.3%
1Y
11.3%
10.3%
3Y
6%
5.7%
5Y
6.7%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
98%
Cash Equivalent
2%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 341 Cr
₹ 341 Cr
₹ 339.7 Cr
  • AUM of the fund stands at 341 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone up from 0.9% to 2%
Cash allocation has gone up from 0.9% to 2%
Debt allocation has gone down from 99.1% to 98%
Debt allocation has gone down from 99.1% to 98%

Top Sector in October was Government

Oct'24
Government
98%
Sep'24
Government
99%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
43.14%
-25.5%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
42.38%
0%
6.54% Govt Stock 2032
6.54% Govt Stock 2032
7.27%
0%
7.26% Govt Stock 2032
7.26% Govt Stock 2032
4.45%
0%
7.17% Govt Stock 2028
7.17% Govt Stock 2028
0.21%
0%
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Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Government Securities Fund Constant Maturity Direct Growth, since 15 May 2017
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.6L Cr
as on 31-Oct-2024
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Mutual Fund Insights

Insights icon
In the last 3 years, SBI Magnum Constant Maturity Fund Direct Growth has given 6.14% return, outperforming this fund by 0.16% per annum.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 5 years, ICICI Prudential Constant Maturity Gilt Direct Growth has given 7.04% return, outperforming this fund by 0.35% per annum.

Bandhan Government Securities Fund Constant Maturity Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 9.04% since inception which is more than its category average return of 6.83%
AUM size ₹344 Cr

AUM size ₹344 Cr

This fund has AUM of ₹344 Cr which is less than its category average of ₹ 604 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.38%

Frequently Asked Questions for Bandhan Government Securities Fund Constant Maturity Direct Growth

The current NAV of Bandhan Government Securities Fund Constant Maturity Direct Growth is ₹44.14 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
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%
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.
0.3% as on November 2024
₹344 Cr as on November 2024
7.18% Govt Stock 2033(43.14%), 7.18% Govt Stock 2037(42.38%), 6.54% Govt Stock 2032(7.27%), 7.26% Govt Stock 2032(4.45%), 7.17% Govt Stock 2028(0.21%) as on November 2024
Yield to Maturity is 6.96 as on November 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 6.67 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Harshal Joshi is the fund manager of Bandhan Government Securities Fund Constant Maturity Direct Growth
The Exit load of Bandhan Government Securities Fund Constant Maturity Direct Growth is 0%