Overview
Bandhan Banking & PSU Debt Fund Direct Growth
IDFC Mutual Fund
To achieve optimal returns by investing in money market and debt instruments issued by scheduled commercial banks.
Investments in Bandhan Banking & PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 25.0719
Fund Size (AUM)
₹13396.58 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
07-Mar-2013
Expense Ratio
0.33%
Exit Load
Nil
Benchmark
Nifty Banking & PSU Debt Index A-II
Standard Deviation
0.96
History
Performance & Ratios
1-Year SIP Return
7.52%
3-Year SIP Return
7.3%
5-Year SIP Return
6.46%
Mean Return
7.92%
Alpha
4.65
Beta
2.06
Sharpe Ratio
0.38
Sortino Ratio
0.47
Information Ratio
3.66
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.3% | 7.11% | 6.75% | 8.64% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 17 | 16 | 9 | N/A |
Holdings (65)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 12.39% |
| GOI | Sovereign | GOI Sec | 4.16% |
| Punjab National Bank | Financial | CD | 4.06% |
| GOI | Sovereign | GOI Sec | 3.98% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.92% |
| Export-Import Bank Of India | Financial | CP | 3.58% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 3.11% |
| Nuclear Power Corpn. Of India Ltd. | Energy | NCD | 2.73% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.67% |
| NTPC Ltd. | Energy | Debenture | 2.62% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 200
Min Installments: 6
AMC Details
Asset Management Company
Bandhan Mutual Fund
IDFC Mutual Fund started their mutual fund on 13/03/2000 and its managing total assets of ₹66,620 Cr. Its ranked at 11 as per total assets at end of 30th Sep 2017. Bandhan Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers.
IDFC is a relatively new fund house, but nevertheless, has won many accolades for its performance, from various agencies.
IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself.
It provides funds ranging from equity to debt to hybrid.
This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.
IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.
Launch Date
1999-12-20T00:00:00.770Z
Total AUM
₹ 162760.69 Cr
Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
None
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Bandhan Banking & PSU Debt Fund Direct Growth
IDFC Mutual Fund
You May Be Interested In
ICICI Prudential Ultra Short Term Fund Direct Growth
Ultra Short Duration
HDFC Floating Rate Debt Fund Direct Plan Growth
Floater
Aditya Birla Sun Life Dynamic Bond Retail Fund Direct Growth
Dynamic Bond
SBI Magnum Income Direct Plan Growth
Medium to Long Duration
Nippon India Short Term Fund Direct Growth
Short Duration
SBI Dynamic Bond Direct Plan Growth
Dynamic Bond
HDFC Banking and PSU Debt Fund Direct Growth
Banking and PSU
Tata Gilt Securities Fund Direct Growth
Gilt
Axis Corporate Bond Fund Direct Growth
Corporate Bond
Axis Short Duration Fund Direct Growth
Short Duration
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan Banking & PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Bandhan Banking & PSU Debt Fund Direct Growth?
The top stocks held by Bandhan Banking & PSU Debt Fund Direct Growth include GOI, GOI, Punjab National Bank.
Which industries does Bandhan Banking & PSU Debt Fund Direct Growth invest in?
Bandhan Banking & PSU Debt Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Energy.
Who are the fund managers of Bandhan Banking & PSU Debt Fund Direct Growth?
The fund managers of Bandhan Banking & PSU Debt Fund Direct Growth are Suyash Choudhary and Gautam Kaul and Brijesh Shah.
How many years has the fund manager been managing Bandhan Banking & PSU Debt Fund Direct Growth?
Suyash Choudhary:
Calculating...
Gautam Kaul:
Calculating...
Brijesh Shah:
Calculating...
What is the minimum investment for Bandhan Banking & PSU Debt Fund Direct Growth?
The minimum investment for Bandhan Banking & PSU Debt Fund Direct Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Banking & PSU Debt Fund Direct Growth?
Calculating...
What are the average 3-year returns for Bandhan Banking & PSU Debt Fund Direct Growth?
Calculating...
What is the expense ratio of Bandhan Banking & PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Banking & PSU Debt Fund Direct Growth is 0.33%. The average expense ratio for similar funds in the Debt is Calculating....