Debt
Direct
Short Duration
NAV as on 06-09-2024
₹ 56.96
Inception Returns
7.8%
/yr
Bandhan Bond Fund Short 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 Short Term Direct Growth has given a CAGR return of 7.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.33%, 5.80% and 6.60% respectively.
Bandhan Bond Fund Short Term Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Industrial, Utilities, Cash Equivalent, Basic Materials. Its top holdings are 7.18% Govt Stock 2033, Punjab National Bank, 7.17% Govt Stock 2030, Bajaj Housing Finance Ltd. 8.04%, Tata Capital Financial Services Limited
As it is a short 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 short term such that the Macaulay duration of the portfolio is between 1 year and 3 years.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Bond Fund Short Term Direct Growth has no lock in period.
Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹8726 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 296.58% |
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 (06-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Government & Corporate
Bandhan Bond Fund Short Term Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.27% | 4.27% |
1 Year Returns | 8.33% | 8.33% |
3 Years Returns | 18.43% | 5.8% |
5 Years Returns | 37.67% | 6.6% |
AAA | 100 |