Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt

Debt
Direct
Liquid
Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt

About the Fund

Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt is a debt fund. This fund was started on 15 January, 2013. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt has ₹14556 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt has given a CAGR return of 3.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.08%, 1.85% and 2.55% respectively.

Holdings

Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are Bajaj Finance Limited, National Bank For Agriculture And Rural Development, Canara Bank, Small Industries Development Bank Of India, 182 DTB 29082024

Taxation

As it is a liquid 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 Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt

The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 300 in Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt in the last three months

Fund Overview

Expense ratio0.12%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹14556 Cr
Inception Date15 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
200.16%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
71.8%
Corporate
16.6%
Government
11.6%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Bajaj Finance Limited
Bajaj Finance Limited
7.35%
100%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.87%
100%
Canara Bank
Canara Bank
5.49%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.15%
30.8%
182 DTB 29082024
182 DTB 29082024
4.4%
0%

Harshal Joshi
Harshal Joshi
Fund Manager of Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt, since 15 September 2015

Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 3.3% since inception which is less than its category average return of 4.98%
AUM size ₹14556 Cr

AUM size ₹14556 Cr

This fund has AUM of ₹14556 Cr which is more than its category average of ₹ 11850 Cr
Expense Ratio 0.12%

Expense Ratio 0.12%

This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt is ₹1010.38 as on 13-Jul-2024.
Existing (Absolute + CAGR) as on 13-Jul-2024.
Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.06%
0.06%
6 Month Returns
-0.02%
-0.02%
1 Year Returns
0.08%
0.08%
3 Years Returns
5.66%
1.85%
5 Years Returns
13.42%
2.55%
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.
0.12% as on June 2024
₹14556 Cr as on June 2024
Bajaj Finance Limited(7.35%), National Bank For Agriculture And Rural Development(5.87%), Canara Bank(5.49%), Small Industries Development Bank Of India(5.15%), 182 DTB 29082024(4.4%) as on June 2024
Cash Equivalent(79.51%), Corporate(15.26%), Government(5.23%) as on June 2024
Yield to Maturity is 7.13 as on June 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 0.12 as on June 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 Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt
The Exit load of Bandhan Liquid Fund Direct Plan Monthly Payout of Income Distribution cum Capital Withdrawal Opt is 0.01%