Bandhan Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV as on 20-01-2025
₹ 18.97
Inception Returns
7.3%
/yr
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
- Bandhan Corporate Bond Fund Direct Growth has ₹13822 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.
Returns
Bandhan Corporate Bond Fund Direct Growth has given a CAGR return of 7.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.87%, 6.05% and 6.74% respectively.
Holdings
Bandhan Corporate Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, National Housing Bank, Export-Import Bank of India 7.4%, Bajaj Housing Finance Ltd. 7.78%
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: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 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.
Historical NAV & Returns
Bandhan Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹13822 Cr |
| Inception Date | 12 January, 2016 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 138.14% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 13.8K Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top 2 Sectors in December were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 17.54% | 0% | |
7.1% Govt Stock 2034 | 8.97% | 10.9% | |
National Housing Bank | 6.28% | 0% | |
Export-Import Bank of India 7.4% | 5.8% | -11.1% | |
Bajaj Housing Finance Ltd. 7.78% | 5.79% | 0% |
Mutual Fund Insights
Bandhan Corporate Bond Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹13822 Cr
Expense Ratio 0.33%
Frequently Asked Questions for Bandhan Corporate Bond Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.45% | 0.45% |
6 Month Returns | 4.03% | 4.03% |
1 Year Returns | 7.87% | 7.87% |
3 Years Returns | 19.28% | 6.05% |
5 Years Returns | 38.58% | 6.74% |
- 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 |