Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt
Debt
Direct
Ultra Short Duration
NAV: ₹ 11.1 as on 29-03-2023
Fund Performance
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt Performance as on (29-Mar-23)
About the Fund
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt is a debt fund. This fund was started on 6 August, 2018. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.
Key parameters
1) Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt has a NAV of ₹11.0733 as on 29-03-2023.
2) Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt has ₹4151 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.24 %.
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt Overview
 | 0.24% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4151 Cr |
 | 6 August, 2018 |
 | ₹100/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 95.94% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
43.8%
Cash Equivalent
28.5%
Government
27.7%
Top Holdings of Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt as on (28-Feb-23)
Debt Holdings51
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Triparty Repo | 7.68% | 0% | |
HDFC Bank Limited | 7.61% | 0% | |
Canara Bank | 7.05% | 0% | |
National Bank For Agriculture And Rural Development | 6.58% | 57.1% | |
182 DTB 03082023 | 4.68% | 0% |
See all
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Feb'23
- This fund outperformed Ultra Short Duration Index by 0.08% in Feb'23
AUM Change
- AUM of the fund stands at 4.2K Cr as of Feb'23
- AUM increased by 176.4 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
National Bank For Agriculture And Rural Development's allocation increased from 1.18% to 4.28%
Rural Electrification Corporation Limited's allocation increased from 0% to 1.36%
Kotak Mahindra Prime Limited's allocation increased from 0.61% to 1.94%
Top Stocks sold last month
National Housing Bank's allocation decreased from 4.56 % to 3.81 %
National Bank For Agriculture And Rural Development's allocation decreased from 4.28 % to 2.95 %
Rec Limited's allocation decreased from 1.91 % to 1.85 %
Debt allocation has gone up from 13.7% to 21.4%
Cash allocation has gone down from 86.3% to 78.6%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
44%
Government
28%
Jan'23
Corporate
39%
Government
24%
Peer Analysis
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt Fund Manager
Harshal Joshi
Fund Manager of Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt, since 18 July 2018
Top funds managed
Fund 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 4.29% since inception which is less than its category average return of 7.08%
AUM size ₹4151 Cr
This fund has AUM of ₹4151 Cr which is more than its category average of ₹ 2811 Cr
Expense Ratio 0.24%
This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.62%
Frequently Asked Questions
The current NAV of Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt is 11.07 as on 29-Mar-2023.
Existing (Absolute + CAGR)
Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.35% | 3.35% |
1 Year Returns | 5.36% | 5.36% |
3 Years Returns | 14.58% | 4.64% |
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 March 2023
4151 Cr as on March 2023
Yield to Maturity is 7.58 as on March 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 0.43 as on March 2023. 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 Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt
The Exit load of Bandhan Ultra Short Term Fund Direct Periodic Reinvestment of Income Distribution cum cptl Wdrl opt is 0%