Bandhan Corporate Bond Fund Direct Growth

Bandhan Corporate Bond Fund Direct Growth

NAV as on 21-04-2025

₹ 19.6

0.2%

1D

Inception Returns

7.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
245 people have invested ₹ 17.9L in Bandhan Corporate Bond Fund Direct Growth in the last three months

About Bandhan Corporate Bond Fund Direct Growth

Bandhan Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 12 January, 2016. The fund is managed by Gautam Kaul, Suyash Choudhary. This fund is suitable to keep your money safe.

Key Parameters

  1. Bandhan Corporate Bond Fund Direct Growth has ₹14114 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Bandhan Corporate Bond Fund Direct Growth has given a CAGR return of 7.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.01%, 7.05% and 6.87% respectively.

Holdings

Bandhan Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Bajaj Housing Finance Ltd. 7.78%, National Housing Bank, 7.1% Govt Stock 2034, National Bank For Agriculture And Rural Development

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Bandhan Corporate Bond Fund Direct Growth

The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Corporate Bond Fund Direct Growth has no lock in period.

Bandhan Corporate Bond Fund Direct Growth Overview

Expense ratio0.33%
Benchmark
NIFTY Corporate Bond A-II TR INR
AUM₹14114 Cr
Inception Date12 January, 2016
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
138.14%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (21-Apr-25)

Period
Bandhan Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
1.8%
1.4%
3M
3.3%
2.7%
6M
5%
4.3%
1Y
10%
9.1%
3Y
7%
6.9%
5Y
6.9%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Corporate
50%
Government
46.6%
Cash Equivalent
3.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 14.1K Cr
₹ 14K Cr
₹ 13.9K Cr
  • AUM of the fund stands at 14.1K Cr as of Mar'25
  • AUM increased by 118.7 Cr between Mar'25 and Feb'25
Top Stocks bought last month
National Housing Bank's allocation increased from 0.18% to 6.28%
National Housing Bank's allocation increased from 0.18% to 6.28%
Indian Railway Finance Corporation Limited's allocation increased from 0.18% to 3.42%
Indian Railway Finance Corporation Limited's allocation increased from 0.18% to 3.42%
National Bank For Agriculture And Rural Development's allocation increased from 0.51% to 2.53%
National Bank For Agriculture And Rural Development's allocation increased from 0.51% to 2.53%
Top Stocks sold last month
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 1.08 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 1.08 %
National Housing Bank's allocation decreased from 6.28 % to 1.05 %
National Housing Bank's allocation decreased from 6.28 % to 1.05 %
Bajaj Housing Finance Limited's allocation decreased from 1.49 % to 0.91 %
Bajaj Housing Finance Limited's allocation decreased from 1.49 % to 0.91 %
Cash allocation has gone down from 5.2% to 3.4%
Cash allocation has gone down from 5.2% to 3.4%
Debt allocation has gone up from 94.5% to 96.3%
Debt allocation has gone up from 94.5% to 96.3%

Top 2 Sectors in March were Government, Corporate

Mar'25
Corporate
50%
Government
47%
Feb'25
Government
52%
Corporate
43%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
14.5%
-7.1%
Bajaj Housing Finance Ltd. 7.78%
Bajaj Housing Finance Ltd. 7.78%
6.03%
0%
National Housing Bank
National Housing Bank
4.41%
-32.6%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
4.39%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.55%
42.9%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Bandhan Corporate Bond Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth
10.01%
7.05%
6.87%
7.53%
Nippon India Corporate Bond Fund Direct Plan Growth Plan
Nippon India Corporate Bond Fund Direct Plan Growth Plan
10.61%
8.01%
7.42%
8.12%
Axis Corporate Bond Fund Direct Growth
Axis Corporate Bond Fund Direct Growth
10.54%
7.9%
7.57%
7.76%
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
10.41%
7.79%
7.39%
8.34%
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Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Corporate Bond Fund Direct Growth, since 1 December 2021
Top funds managed
Suyash Choudhary
Suyash Choudhary
Fund Manager of Bandhan Corporate Bond Fund Direct Growth, since 28 July 2021
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.63L Cr
as on 31-Mar-2025
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Mutual Fund Insights

Insights icon
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 8.01% return, outperforming this fund by 0.96% per annum.
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Over the last 6 months, this fund has experienced a 3.1% growth in AUM moving from 13.68K Cr to 14.11K Cr.
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In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.57% return, outperforming this fund by 0.69% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.5%.
Insights icon
In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 10.61% return, outperforming this fund by 0.6%.

Bandhan Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.53% since inception which is more than its category average return of 6.45%
AUM size ₹14114 Cr

AUM size ₹14114 Cr

This fund has AUM of ₹14114 Cr which is more than its category average of ₹ 7930 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for Bandhan Corporate Bond Fund Direct Growth

The current NAV of Bandhan Corporate Bond Fund Direct Growth is ₹19.6 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
Bandhan Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.79%
1.79%
6 Month Returns
5.02%
5.02%
1 Year Returns
10.01%
10.01%
3 Years Returns
22.66%
7.05%
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 March 2025
₹14114 Cr as on March 2025
7.18% Govt Stock 2033(14.5%), Bajaj Housing Finance Ltd. 7.78%(6.03%), National Housing Bank(4.41%), 7.1% Govt Stock 2034(4.39%), National Bank For Agriculture And Rural Development(3.55%) as on March 2025
Corporate(50.04%), Government(46.58%), Cash Equivalent(3.38%) as on March 2025
Yield to Maturity is 7.14 as on March 2025. 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 3.03 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Gautam Kaul, Suyash Choudhary are the fund managers of Bandhan Corporate Bond Fund Direct Growth
The Exit load of Bandhan Corporate Bond Fund Direct Growth is 0%