Bandhan Banking & PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV: ₹ 23.1 as on 16-05-2024
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
- Bandhan Banking & PSU Debt Fund Direct Growth has ₹14208 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.
Fund Performance
293 people have invested ₹ 26.4L in Bandhan Banking & PSU Debt Fund Direct Growth in the last three months
Overview
 | 0.33% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹14208 Cr |
 | 7 March, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 109.17% |
Bandhan Banking & PSU Debt Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
53.4%
Government
44%
Cash Equivalent
2.5%
Top Holdings of Bandhan Banking & PSU Debt Fund Direct Growth as on (30-Apr-24)
Debt Holdings63
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 8.4% | 0% | |
7.1% Govt Stock 2029 | 6.17% | -11.6% | |
Indian Railway Finance Corporation Limited | 5.26% | 0% | |
HDFC Bank Limited | 5.19% | 0% | |
7.17% Govt Stock 2030 | 4.92% | -11.9% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 14.4K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.48% return, outperforming this fund by 0.2% per annum.
Over the last 6 months, this fund has increased expense ratio by 3.1% moving from 0.32 to 0.33.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.55%.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.46% return, outperforming this fund by 2.06% per annum.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.56% return, outperforming this fund by 0.86%.
Peer Analysis
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
Bandhan Banking & PSU Debt Fund Direct Growth 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 7.76% since inception which is more than its category average return of 5.48%
AUM size ₹14208 Cr
This fund has AUM of ₹14208 Cr which is more than its category average of ₹ 3677 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of Bandhan Banking & PSU Debt Fund Direct Growth is ₹23.1 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bandhan Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 3.7% | 3.7% |
1 Year Returns | 6.7% | 6.7% |
3 Years Returns | 17.08% | 5.4% |
5 Years Returns | 42.15% | 7.29% |
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.
0.33% as on April 2024
₹14208 Cr as on April 2024
National Bank For Agriculture And Rural Development(8.4%), 7.1% Govt Stock 2029(6.17%), Indian Railway Finance Corporation Limited(5.26%), HDFC Bank Limited(5.19%), 7.17% Govt Stock 2030(4.92%) as on April 2024
Corporate(53.44%), Government(44.04%), Cash Equivalent(2.52%) as on April 2024
Yield to Maturity is 7.66 as on April 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 2.45 as on April 2024. 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%