Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
Debt
Direct
Overnight
NAV: ₹ 1000.5 as on 29-05-2023
Fund Performance
About the Fund
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt is a debt fund. This fund was started on 19 January, 2019. The fund is managed by Brijesh Shah. This fund is suitable to keep your money safe.
Key parameters
1) Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt has a NAV of ₹1000.5089 as on 29-05-2023.
2) Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt has ₹1375 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.06 %.
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt Overview
 | 0.06% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1375 Cr |
 | 19 January, 2019 |
 | ₹0/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 177.13% |
Fund Distribution as on (30-Apr-23)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt as on (30-Apr-23)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Triparty Repo | 99.38% | 0% | |
Cash Margin - Ccil | 0.62% | 0% | |
Net Current Assets | 0% | 0% |
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.48% whereas the fund’s underlying benchmark Overnight Index returns stands at 0.41% as on Apr'23
- This fund outperformed Overnight Index by 0.07% in Apr'23
AUM Change
- AUM of the fund stands at 1.1K Cr as of Mar'23
- AUM decreased by 1.3K Cr between Mar'23 and Feb'23
Peer Analysis
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt Fund Manager
Brijesh Shah
Fund Manager of Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt, since 1 February 2019
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 3.43% since inception which is more than its category average return of 3.4%
AUM size ₹1375 Cr
This fund has AUM of ₹1375 Cr which is less than its category average of ₹ 3560 Cr
Expense Ratio 0.06%
This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.14%
Frequently Asked Questions
The current NAV of Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt is ₹1000.51 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt | Absolute Returns | CAGR Returns |
1 Month Returns | 0.04% | 0.04% |
6 Month Returns | 0.94% | 0.94% |
1 Year Returns | 3.38% | 3.38% |
3 Years Returns | 10.13% | 3.27% |
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.
0.06% as on April 2023
₹1375 Cr as on April 2023
Yield to Maturity is 6.76 as on April 2023. 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 0.01 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
Brijesh Shah is the fund manager of Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
The Exit load of Bandhan Overnight Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt is 0%