Bandhan Banking & PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV: ₹ 21.3 as on 21-03-2023
Fund Performance
388 people have invested ₹ 37.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, UTI Banking & PSU Debt Fund Direct Plan Growth has given 11.02% return, outperforming Bandhan Banking & PSU Debt Fund Direct Growth by 6.55%
In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has given 7.94% return, outperforming Bandhan Banking & PSU Debt Fund Direct Growth by 1.04% per annum
In the last 5 years, Edelweiss Banking and PSU Debt Fund Direct Plan Growth has given 7.92% return, outperforming Bandhan Banking & PSU Debt Fund Direct Growth by 0.35% per annum
Over the last 1 year, Bandhan Banking & PSU Debt Fund Direct Growth has increased expense ratio by 3.2% moving from 0.31 to 0.32
Bandhan Banking & PSU Debt Fund Direct Growth has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.55%
Bandhan Banking & PSU Debt Fund Direct Growth Lumpsum Calculator
Fund Name
Expenses
CAGR Returns
Bandhan Banking & PSU Debt Fund Direct Growth Performance as on (21-Mar-23)
About the Fund
Bandhan Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 7 March, 2013. The fund is managed by Suyash Choudhary, Gautam Kaul. This fund is suitable to keep your money safe.
Key parameters
1) Bandhan Banking & PSU Debt Fund Direct Growth has a NAV of ₹21.275 as on 21-03-2023.
2) Bandhan Banking & PSU Debt Fund Direct Growth has ₹14281 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 0.32 %.
Bandhan Banking & PSU Debt Fund Direct Growth Overview
 | 0.32% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹14281 Cr |
 | 7 March, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 37.66% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
45.1%
Corporate
44%
Cash Equivalent
10.9%
Top Holdings of Bandhan Banking & PSU Debt Fund Direct Growth as on (28-Feb-23)
Debt Holdings113
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 12.51% | 0% | |
National Bank For Agriculture And Rural Development | 9.37% | 3.5% | |
Rural Electrification Corporation Limited | 9.23% | 0% | |
Indian Railway Finance Corporation Limited | 5.58% | 0% | |
Small Industries Development Bank Of India | 4.97% | 0% |
See all
Bandhan Banking & PSU Debt Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.20% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Feb'23
- This fund underperformed Banking and PSU Index by 0.02% in Feb'23
AUM Change
- AUM of the fund stands at 14.3K Cr as of Feb'23
- AUM decreased by 37.2 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Rural Electrification Corporation Limited's allocation increased from 0.17% to 9.25%
Indian Railway Finance Corporation Limited's allocation increased from 2.29% to 5.58%
Small Industries Development Bank Of India's allocation increased from 2.06% to 4.98%
Top Stocks sold last month
Indian Railway Finance Corporation Limited's allocation decreased from 5.58 % to 0.87 %
ICICI Bank Limited's allocation decreased from 0.67 % to 0.61 %
Small Industries Development Bank Of India's allocation decreased from 0.87 % to 0.59 %
Cash allocation has gone down from 52.2% to 24.7%
Debt allocation has gone up from 47.8% to 75.3%
Top 2 Sectors in February were Corporate, Government
Feb'23
Government
45%
Corporate
44%
Jan'23
Corporate
36%
Government
32%
Peer Analysis
Bandhan Banking & PSU Debt Fund Direct Growth Fund Manager
Suyash Choudhary
Fund Manager of Bandhan Banking & PSU Debt Fund Direct Growth, since 28 July 2021
Top funds managed
Gautam Kaul
Fund Manager of Bandhan Banking & PSU Debt Fund Direct Growth, since 1 December 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.81% since inception which is more than its category average return of 5.41%
AUM size ₹14281 Cr
This fund has AUM of ₹14281 Cr which is more than its category average of ₹ 3499 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Bandhan Banking & PSU Debt Fund Direct Growth is 21.28 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Bandhan Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 2.88% | 2.88% |
1 Year Returns | 4.37% | 4.37% |
3 Years Returns | 20.72% | 6.48% |
5 Years Returns | 43.84% | 7.54% |
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 February 2023
14281 Cr as on February 2023
Yield to Maturity is 7.62 as on February 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 2 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Suyash Choudhary,Gautam Kaul are the fund managers of Bandhan Banking & PSU Debt Fund Direct Growth
The Exit load of Bandhan Banking & PSU Debt Fund Direct Growth is 0%
Mutual Fund execution provided by
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.