Debt
Direct
Liquid
NAV as on 07-09-2024
₹ 3009.52
Inception Returns
6.8%
/yr
Bandhan Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.
Bandhan Liquid Fund Direct Growth has given a CAGR return of 6.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.42%, 6.07% and 5.24% respectively.
Bandhan Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are Canara Bank, 182 DTB 29082024, 91 DTB 05092024, Reliance Retail Ventures Limited, 182 DTB 22082024
As it is a liquid 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 offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.12% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹13040 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 333.74% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (07-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
Bandhan Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 3.69% | 3.69% |
1 Year Returns | 7.42% | 7.42% |
3 Years Returns | 19.34% | 6.07% |
5 Years Returns | 29.07% | 5.24% |
AAA | 100 |