Bandhan Long Duration Fund Direct Growth

Bandhan Long Duration Fund Direct Growth

Debt

Direct

Long Duration

NAV as on 10-10-2024

₹ 10.68

-0.1%

1D

Inception Returns

6.8%

/yr

About the Fund

Bandhan Long Duration Fund Direct Growth is a debt fund. This fund was started on 20 March, 2024. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Long Duration Fund Direct Growth has ₹136 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Bandhan Long Duration Fund Direct Growth has given a CAGR return of 6.76% since inception.

Holdings

Bandhan Long Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.46% Govt Stock 2073, Corporate Debt Market Development Fund Class A2

Taxation

As it is a long duration 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 Long Duration Fund Direct Growth

The scheme seeks to invest in a diversified set of debt and money market securities, such that the Macaulay duration of the Portfolio is greater than 7 years, with the aim of generating optimal returns over long term. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Long Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
99 people have invested ₹ 3.6L in Bandhan Long Duration Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.24%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹136 Cr
Inception Date20 March, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
10.01%
STCGSelling 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 (10-Oct-24)

Period
Bandhan Long Duration Fund Direct Growth
Long Duration Index
1M
1.1%
0.8%
3M
3.3%
2.8%
6M
6.9%
5.8%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.9%

AAA
100%

Sector Allocation

Aug'24

Jul'24

Jun'24

Government
97.1%
Cash Equivalent
2.9%
All changes are between Oct'69 and Dec'69
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 119.3 Cr
₹ 119.3 Cr
₹ 86.9 Cr
  • AUM of the fund stands at 119.3 Cr as of Aug'24
  • AUM has remained same between Aug'24 and Jul'24
Cash allocation has gone down from 3% to 2.9%
Cash allocation has gone down from 3% to 2.9%
Debt allocation has gone up from 96.8% to 96.9%
Debt allocation has gone up from 96.8% to 96.9%

Top Sector in August was Government

Aug'24
Government
97%
Jul'24
Government
97%
  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
92.57%
6.1%
7.46% Govt Stock 2073
7.46% Govt Stock 2073
3.5%
0%
Corporate Debt Market Development Fund Class A2
Corporate Debt Market Development Fund Class A2
0.14%
0%
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Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.55L Cr
as on 31-Aug-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

Bandhan Long Duration Fund 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 returns of 6.76% since inception (20th March 2024)
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 2428 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Bandhan Long Duration Fund Direct Growth is ₹10.68 as on 10-Oct-2024.
Existing (Absolute + CAGR) as on 10-Oct-2024.
Bandhan Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.06%
1.06%
6 Month Returns
6.94%
6.94%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.24% as on September 2024
₹136 Cr as on September 2024
Yield to Maturity is 7.09 as on September 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 11.91 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of Bandhan Long Duration Fund Direct Growth is 0%