Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt

Debt
Direct
10 Yr Government Bond
Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt

About the Fund

Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt is a debt fund. This fund was started on 18 November, 2014. 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 Qt Rnvmt of Inc Dis cum cptl Wdrl opt has ₹327 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 Qt Rnvmt of Inc Dis cum cptl Wdrl opt has given a CAGR return of 4.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.27%, 1.06% and 3.86% respectively.

Holdings

Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 6.54% Govt Stock 2032, 7.26% Govt Stock 2032, 8.24% Govt Stock 2027, 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 Qt Rnvmt of Inc Dis cum cptl Wdrl opt

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 0.00. Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
ICICI Securities Libex TR INR
AUM
AUM
₹327 Cr
Inception Date
Inception Date
18 November, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
241.45%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Apr'24

Mar'24

Feb'24

Government
96.6%
Cash Equivalent
3.4%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
42.82%
-23.9%
6.54% Govt Stock 2032
6.54% Govt Stock 2032
34.66%
35.1%
7.26% Govt Stock 2032
7.26% Govt Stock 2032
18.01%
0%
8.24% Govt Stock 2027
8.24% Govt Stock 2027
0.66%
0%
7.17% Govt Stock 2028
7.17% Govt Stock 2028
0.21%
0%

Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt, since 15 May 2017

Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt 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 4.83% since inception which is less than its category average return of 6.15%
AUM size ₹327 Cr

AUM size ₹327 Cr

This fund has AUM of ₹327 Cr which is less than its category average of ₹ 614 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 0.39%

Frequently Asked Questions

The current NAV of Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt is ₹11.81 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt
Absolute Returns
CAGR Returns
1 Month Returns
1.29%
1.29%
6 Month Returns
1.04%
1.04%
1 Year Returns
-1.27%
-1.27%
3 Years Returns
3.22%
1.06%
5 Years Returns
20.86%
3.86%
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 May 2024
₹327 Cr as on May 2024
7.18% Govt Stock 2037(42.82%), 6.54% Govt Stock 2032(34.66%), 7.26% Govt Stock 2032(18.01%), 8.24% Govt Stock 2027(0.66%), 7.17% Govt Stock 2028(0.21%) as on May 2024
Yield to Maturity is 7.17 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 6.79 as on May 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 Qt Rnvmt of Inc Dis cum cptl Wdrl opt
The Exit load of Bandhan Government Securities Fund - Constant Maturity Direct Qt Rnvmt of Inc Dis cum cptl Wdrl opt is 0%