Bandhan Ultra Short Term Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 23-12-2024
₹ 14.8
Inception Returns
6.3%
/yr
About Bandhan Ultra Short Term Fund Direct Growth
Bandhan Ultra Short Term Fund Direct Growth is a debt fund. This fund was started on 18 July, 2018. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Ultra Short Term Fund Direct Growth has ₹3820 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 Ultra Short Term Fund Direct Growth has given a CAGR return of 6.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.60%, 6.44% and 5.71% respectively.
Holdings
Bandhan Ultra Short Term Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Reliance Industries Limited, HDFC Bank Limited, 05.90 Ts SDL 2025, Bank Of Baroda, Larsen & Toubro Ltd. 7.58%
Taxation
As it is a ultra short duration 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 Ultra Short Term Fund Direct Growth
The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Ultra Short Term Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Ultra Short Term Fund Direct Growth Overview
| Expense ratio | 0.27% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹3820 Cr |
| Inception Date | 18 July, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 454% |
| 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 (23-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 3.7K Cr as of Nov'24
- AUM increased by 14.3 Cr between Nov'24 and Oct'24
Top 2 Sectors in November were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Limited | 6.29% | 100% | |
HDFC Bank Limited | 5.71% | 0% | |
05.90 Ts SDL 2025 | 5.7% | 0% | |
Bank Of Baroda | 5.67% | 100% | |
Larsen & Toubro Ltd. 7.58% | 5.08% | 0% |
Mutual Fund Insights
Bandhan Ultra Short Term Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹3820 Cr
Expense Ratio 0.27%
Frequently Asked Questions for Bandhan Ultra Short Term Fund Direct Growth
Bandhan Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.62% | 3.62% |
1 Year Returns | 7.6% | 7.6% |
3 Years Returns | 20.58% | 6.44% |
5 Years Returns | 32% | 5.71% |
- 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 | 96.23 |
AA | 3.77 |