Bandhan Low Duration Fund Direct Plan Growth
Debt
Direct
Low Duration
NAV: ₹ 36.28 as on 16-05-2024
About the Fund
Bandhan Low Duration Fund Direct Plan 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.
Key Parameters
- Bandhan Low Duration Fund Direct Plan Growth has ₹5229 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.
Fund Performance
546 people have invested ₹ 15.9L in Bandhan Low Duration Fund Direct Plan Growth in the last three months
Overview
 | 0.32% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹5229 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 419.13% |
Bandhan Low Duration Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
98.8%
AA
1.2%
Sector Allocation
Corporate
68.9%
Government
17.7%
Cash Equivalent
13.4%
Top Holdings of Bandhan Low Duration Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings58
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 25072024 | 6.59% | 0% | |
HDFC Bank Limited | 5.25% | 0% | |
Bajaj Housing Finance Limited | 5.03% | 23.3% | |
Axis Bank Limited | 4.19% | 0% | |
Small Industries Development Bank Of India | 3.79% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.1K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has increased expense ratio by 3.2% moving from 0.31 to 0.32.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.67%.
Over the last 3 months, this fund has experienced a 2.5% drop in AUM moving from 5.36K Cr to 5.22K Cr.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.95% return, outperforming this fund by 0.69%.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.92% per annum.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.88% return, outperforming this fund by 0.76% per annum.
Peer Analysis
Fund Manager
Harshal Joshi
Fund Manager of Bandhan Low Duration Fund Direct Plan Growth, since 28 July 2021
Top funds managed
Bandhan Low Duration Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.49% since inception which is more than its category average return of 4.97%
AUM size ₹5229 Cr
This fund has AUM of ₹5229 Cr which is more than its category average of ₹ 3689 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Bandhan Low Duration Fund Direct Plan Growth is ₹36.28 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bandhan Low Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 7.25% | 7.25% |
3 Years Returns | 17.57% | 5.54% |
5 Years Returns | 34.59% | 6.12% |
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.
0.32% as on April 2024
₹5229 Cr as on April 2024
182 DTB 25072024(6.59%), HDFC Bank Limited(5.25%), Bajaj Housing Finance Limited(5.03%), Axis Bank Limited(4.19%), Small Industries Development Bank Of India(3.79%) as on April 2024
Corporate(68.88%), Government(17.67%), Cash Equivalent(13.45%) as on April 2024
Yield to Maturity is 7.6 as on April 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 0.88 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 98.79 |
AA | 1.21 |
Harshal Joshi is the fund manager of Bandhan Low Duration Fund Direct Plan Growth
The Exit load of Bandhan Low Duration Fund Direct Plan Growth is 0%