Bandhan Government Securities Fund Investment Direct Growth

Bandhan Government Securities Fund Investment Direct Growth

Debt

Direct

Government Bond

NAV as on 06-12-2024

₹ 36.86

-0.4%

1D

Inception Returns

9%

/yr

About Bandhan Government Securities Fund Investment Direct Growth

Bandhan Government Securities Fund Investment Direct 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

  1. Bandhan Government Securities Fund Investment Direct Growth has ₹3206 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Bandhan Government Securities Fund Investment Direct Growth has given a CAGR return of 9.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.36%, 6.79% and 7.85% respectively.

Holdings

Bandhan Government Securities Fund Investment Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.17% Govt Stock 2028

Taxation

As it is a 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 Investment Direct Growth

The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities across maturities.

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 Investment Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
388 people have invested ₹ 1.1Cr in Bandhan Government Securities Fund Investment Direct Growth in the last three months

Bandhan Government Securities Fund Investment Direct Growth Overview

Expense ratio0.54%
Benchmark
ICICI Securities Mibex TR INR
AUM₹3206 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
347.87%
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 (06-Dec-24)

Period
Bandhan Government Securities Fund Investment Direct Growth
Government Bond Index
1M
0.3%
0.6%
3M
1.5%
1.7%
6M
5%
4.5%
1Y
12.4%
9.5%
3Y
6.8%
5.9%
5Y
7.8%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
97.5%
Cash Equivalent
2.5%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.9K Cr
₹ 2.9K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.9K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone up from 1.7% to 2.5%
Cash allocation has gone up from 1.7% to 2.5%
Debt allocation has gone down from 98.3% to 97.5%
Debt allocation has gone down from 98.3% to 97.5%

Top Sector in October was Government

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

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
97.17%
4.6%
7.17% Govt Stock 2028
7.17% Govt Stock 2028
0%
0%
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Suyash Choudhary
Suyash Choudhary
Fund Manager of Bandhan Government Securities Fund Investment Direct Growth, since 15 October 2010
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
Over the last 3 months, this fund has increased expense ratio by 14.9% moving from 0.47 to 0.54.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.54% which is lower than the category average expense ratio of 0.8%.
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Over the last 6 months, this fund has experienced a 46.0% growth in AUM moving from 2.19K Cr to 3.20K Cr.
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In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.16% return, outperforming this fund by 0.31% per annum.
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In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 7.39% return, outperforming this fund by 0.61% per annum.

Bandhan Government Securities Fund Investment 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% since inception which is more than its category average return of 6.95%
AUM size ₹3206 Cr

AUM size ₹3206 Cr

This fund has AUM of ₹3206 Cr which is more than its category average of ₹ 1863 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions for Bandhan Government Securities Fund Investment Direct Growth

The current NAV of Bandhan Government Securities Fund Investment Direct Growth is ₹36.86 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Bandhan Government Securities Fund Investment Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.34%
0.34%
6 Month Returns
5.04%
5.04%
1 Year Returns
12.36%
12.36%
3 Years Returns
21.77%
6.79%
5 Years Returns
45.9%
7.85%
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.
0.54% as on November 2024
₹3206 Cr as on November 2024
Yield to Maturity is 7.07 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 11.93 as on November 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 Direct Growth
The Exit load of Bandhan Government Securities Fund Investment Direct Growth is 0%