Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth
Debt
Direct
Government Bond
NAV: ₹ 34.12 as on 24-04-2024
Fund Performance
349 people have invested ₹ 46L in Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has decreased expense ratio by 28.6% moving from 0.63 to 0.45.
Over the last 3 months, this fund has experienced a 13.3% growth in AUM moving from 1.46K Cr to 1.66K Cr.
In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.17% return, outperforming this fund by 0.59%.
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.5% return, outperforming this fund by 1.08% per annum.
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.78%.
In the last 5 years, SBI Magnum Gilt Fund Direct Growth has given 8.5% return, outperforming this fund by 0.26% per annum.
About the Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Suyash Choudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth has ₹1661 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth Overview
 | 0.45% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹1661 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 307.62% |
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
97.7%
Cash Equivalent
2.3%
Top Holdings of Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth as on (31-Mar-24)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 103.5% | 2.5% | |
7.18% Govt Stock 2037 | 2.07% | -8.2% | |
7.17% Govt Stock 2028 | 0% | 0% |
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.5K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth Fund Manager
Suyash Choudhary
Fund Manager of Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth, since 15 October 2010
Top funds managed
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.82% since inception which is more than its category average return of 6.68%
AUM size ₹1661 Cr
This fund has AUM of ₹1661 Cr which is more than its category average of ₹ 1325 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.89%
Frequently Asked Questions
The current NAV of Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth is ₹34.12 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.58% | -0.58% |
6 Month Returns | 6.44% | 6.44% |
1 Year Returns | 7.59% | 7.59% |
3 Years Returns | 17.16% | 5.42% |
5 Years Returns | 48.59% | 8.24% |
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.
0.45% as on March 2024
₹1661 Cr as on March 2024
Yield to Maturity is 7.24 as on March 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 11.61 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Suyash Choudhary is the fund manager of Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth
The Exit load of Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth is 0%