Bandhan Low Duration Fund Direct Plan Growth
Debt
Direct
Low Duration
NAV: ₹ 36.07 as on 16-04-2024
Fund Performance
595 people have invested ₹ 16.7L in Bandhan Low Duration Fund Direct Plan Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.67%.
Over the last 1 month, this fund has experienced a 3.9% drop in AUM moving from 5.28K Cr to 5.07K Cr.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.87% return, outperforming this fund by 0.76% per annum.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 8.07% return, outperforming this fund by 0.73%.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.42% return, outperforming this fund by 1.89% per annum.
Over the last 6 months, this fund has increased expense ratio by 3.2% moving from 0.31 to 0.32.
About the Bandhan Low Duration Fund Direct Plan Growth
Bandhan Low Duration Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Low Duration Fund Direct Plan Growth has ₹5077 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Bandhan Low Duration Fund Direct Plan Growth Overview
 | 0.32% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹5077 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 419.13% |
Bandhan Low Duration Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
70.6%
Government
21%
Cash Equivalent
8.5%
Top Holdings of Bandhan Low Duration Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings61
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 25072024 | 6.74% | 0% | |
HDFC Bank Limited | 4.91% | 11.1% | |
Axis Bank Limited | 4.28% | 0% | |
Bajaj Housing Finance Limited | 4.21% | 0% | |
Small Industries Development Bank Of India | 3.42% | 40% |
See all
Bandhan Low Duration Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Low Duration Fund Direct Plan Growth Fund Manager
Harshal Joshi
Fund Manager of Bandhan Low Duration Fund Direct Plan Growth, since 28 July 2021
Top funds managed
Bandhan Low Duration Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.49% since inception which is more than its category average return of 4.98%
AUM size ₹5077 Cr
This fund has AUM of ₹5077 Cr which is more than its category average of ₹ 3469 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Bandhan Low Duration Fund Direct Plan Growth is ₹36.07 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Bandhan Low Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 7.33% | 7.33% |
3 Years Returns | 17.5% | 5.52% |
5 Years Returns | 34.57% | 6.12% |
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.
0.32% as on March 2024
₹5077 Cr as on March 2024
182 DTB 25072024(6.74%), HDFC Bank Limited(4.91%), Axis Bank Limited(4.28%), Bajaj Housing Finance Limited(4.21%), Small Industries Development Bank Of India(3.42%) as on March 2024
Corporate(70.58%), Government(20.97%), Cash Equivalent(8.45%) as on March 2024
Yield to Maturity is 7.64 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 0.9 as on March 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 Low Duration Fund Direct Plan Growth
The Exit load of Bandhan Low Duration Fund Direct Plan Growth is 0%