Bandhan Bond Fund Income Direct Growth
Debt
Direct
Medium To Long Duration
NAV as on 19-11-2024
₹ 67.89
Inception Returns
7.9%
/yr
About Bandhan Bond Fund Income Direct Growth
Bandhan Bond Fund Income Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Suyash Choudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Bond Fund Income Direct Growth has ₹482 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
Bandhan Bond Fund Income Direct Growth has given a CAGR return of 7.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.99%, 5.24% and 6.02% respectively.
Holdings
Bandhan Bond Fund Income Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.18% Govt Stock 2033, Tata Capital Financial Services Limited, Bajaj Housing Finance Ltd. 8.04%, National Bank For Agriculture And Rural Development
Taxation
As it is a medium to long duration 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 Bond Fund Income Direct Growth
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium to long term such that the Macaulay duration of the portfolio is between 4 years and 7 years.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Bond Fund Income Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Bond Fund Income Direct Growth Overview
| Expense ratio | 1.32% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹482 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 254.09% |
| STCG | Selling 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 (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 480.5 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 35.6% | 0% | |
7.18% Govt Stock 2033 | 29.65% | 5.3% | |
Tata Capital Financial Services Limited | 8.76% | 0% | |
Bajaj Housing Finance Ltd. 8.04% | 5.22% | 0% | |
National Bank For Agriculture And Rural Development | 5.17% | 0% |
Mutual Fund Insights
Bandhan Bond Fund Income Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹482 Cr
Expense Ratio 1.32%
Frequently Asked Questions for Bandhan Bond Fund Income Direct Growth
Bandhan Bond Fund Income Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.1% | 0.1% |
6 Month Returns | 4.33% | 4.33% |
1 Year Returns | 8.99% | 8.99% |
3 Years Returns | 16.56% | 5.24% |
5 Years Returns | 33.95% | 6.02% |
- 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 |