Bandhan Banking & PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV as on 23-12-2024
₹ 24.19
Inception Returns
7.8%
/yr
About Bandhan Banking & PSU Debt Fund Direct Growth
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
- Bandhan Banking & PSU Debt Fund Direct Growth has ₹13507 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.
Returns
Bandhan Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.84%, 6.22% and 6.72% respectively.
Holdings
Bandhan Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.17% Govt Stock 2030, Indian Railway Finance Corporation Limited, 7.1% Govt Stock 2034, Indian Railway Finance Corporation Limited
Taxation
As it is a banking & psu 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 Banking & PSU Debt Fund Direct Growth
The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Banking & PSU Debt Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Banking & PSU Debt Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹13507 Cr |
| Inception Date | 7 March, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 125.66% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 13.5K Cr as of Nov'24
- AUM decreased by 139 Cr between Nov'24 and Oct'24
Top 2 Sectors in November were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 12.47% | -7.7% | |
7.17% Govt Stock 2030 | 8.92% | 0% | |
Indian Railway Finance Corporation Limited | 5.37% | 0% | |
7.1% Govt Stock 2034 | 4.66% | 0% | |
Indian Railway Finance Corporation Limited | 4.19% | 0% |
Mutual Fund Insights
Bandhan Banking & PSU Debt Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹13507 Cr
Expense Ratio 0.33%
Frequently Asked Questions for Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.93% | 3.93% |
1 Year Returns | 7.84% | 7.84% |
3 Years Returns | 19.84% | 6.22% |
5 Years Returns | 38.45% | 6.72% |
- 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.
AAA | 100 |