Debt
Direct
Medium Duration
NAV as on 04-09-2024
₹ 46.42
Inception Returns
7.6%
/yr
Bandhan Bond Fund Medium Term 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.
Bandhan Bond Fund Medium Term Direct Growth has given a CAGR return of 7.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.25%, 5.22% and 6.21% respectively.
Bandhan Bond Fund Medium Term Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 6.54% Govt Stock 2032, 7.18% Govt Stock 2033, Tata Capital Housing Finance Limited, Indian Railway Finance Corporation Limited, Bajaj Housing Finance Ltd. 8.04%
As it is a medium 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.
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Bond Fund Medium Term Direct Growth has no lock in period.
Expense ratio | 0.6% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹1523 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 151.38% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Government & Corporate
Bandhan Bond Fund Medium Term Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 4.19% | 4.19% |
1 Year Returns | 8.25% | 8.25% |
3 Years Returns | 16.49% | 5.22% |
5 Years Returns | 35.15% | 6.21% |
AAA | 100 |