Bandhan Dynamic Bond Fund Direct Growth

Bandhan Dynamic Bond Fund Direct Growth

Debt

Direct

Dynamic Bond

NAV as on 23-12-2024

₹ 36.34

-0.2%

1D

Inception Returns

8.5%

/yr

About Bandhan Dynamic Bond Fund Direct Growth

Bandhan Dynamic Bond Fund 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

  1. Bandhan Dynamic Bond Fund Direct Growth has ₹3055 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Dynamic Bond Fund Direct Growth has given a CAGR return of 8.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.55%, 6.52% and 7.25% respectively.

Holdings

Bandhan Dynamic Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, Corporate Debt Market Development Fund Class A2, 7.17% Govt Stock 2028, 8.2% Govt Stock 2025

Taxation

As it is a dynamic 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 Dynamic Bond Fund Direct Growth

To generate optimal returns by active management of the portfolio by investing in debt and money market instruments 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 Dynamic Bond Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
97 people have invested ₹ 36.6L in Bandhan Dynamic Bond Fund Direct Growth in the last three months

Bandhan Dynamic Bond Fund Direct Growth Overview

Expense ratio0.71%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹3055 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
336.34%
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
Moderate Risk

Trailing Returns

as on (23-Dec-24)

Period
Bandhan Dynamic Bond Fund Direct Growth
Dynamic Bond Index
1M
0.5%
0.5%
3M
0.3%
0.8%
6M
3.4%
3.7%
1Y
10.6%
8.4%
3Y
6.5%
6.1%
5Y
7.2%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Nov'24

Oct'24

Sep'24

Government
97%
Cash Equivalent
3%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 3.1K Cr
₹ 2.8K Cr
₹ 2.8K Cr
  • AUM of the fund stands at 3.1K Cr as of Nov'24
  • AUM increased by 224.3 Cr between Nov'24 and Oct'24
Debt allocation has gone down from 97.3% to 96.8%
Debt allocation has gone down from 97.3% to 96.8%
Cash allocation has gone up from 2.5% to 3%
Cash allocation has gone up from 2.5% to 3%

Top 2 Sectors in November were Financial Services, Government

Nov'24
Financial Services
100%
Government
97%
Oct'24
Financial Services
100%
Government
98%
  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
96.53%
0.4%
Corporate Debt Market Development Fund Class A2
Corporate Debt Market Development Fund Class A2
0.2%
0%
8.2% Govt Stock 2025
8.2% Govt Stock 2025
0%
0%
7.17% Govt Stock 2028
7.17% Govt Stock 2028
0%
0%
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Suyash Choudhary
Suyash Choudhary
Fund Manager of Bandhan Dynamic Bond Fund Direct Growth, since 15 October 2010
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.66L Cr
as on 29-Nov-2024
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
This fund expense ratio is slightly on the lower side within the category (dynamic bond). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1%.
Insights icon
Over the last 6 months, this fund has experienced a 29.1% growth in AUM moving from 2.36K Cr to 3.05K Cr.
Insights icon
In the last 5 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.06% return, outperforming this fund by 1.81% per annum.
Insights icon
Over the last 3 months, this fund has decreased expense ratio by 5.3% moving from 0.75 to 0.71.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.03% return, outperforming this fund by 2.5% per annum.

Bandhan Dynamic Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 8.52% since inception which is more than its category average return of 6.18%
AUM size ₹3055 Cr

AUM size ₹3055 Cr

This fund has AUM of ₹3055 Cr which is more than its category average of ₹ 1639 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 0.94%

Frequently Asked Questions for Bandhan Dynamic Bond Fund Direct Growth

The current NAV of Bandhan Dynamic Bond Fund Direct Growth is ₹36.34 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Bandhan Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.49%
0.49%
6 Month Returns
3.4%
3.4%
1 Year Returns
10.55%
10.55%
3 Years Returns
20.88%
6.52%
5 Years Returns
41.88%
7.25%
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.
0.71% as on November 2024
₹3055 Cr as on November 2024
Yield to Maturity is 7.12 as on November 2024. 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 11.82 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Suyash Choudhary is the fund manager of Bandhan Dynamic Bond Fund Direct Growth
The Exit load of Bandhan Dynamic Bond Fund Direct Growth is 0%