Overview
Bandhan Corporate Bond Fund Direct Growth
IDFC Mutual Fund
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Investments in Bandhan Corporate Bond 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
₹ 19.5975
Fund Size (AUM)
₹14114.43 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹100
Launch Date
12-Jan-2016
Expense Ratio
0.33%
Exit Load
Nil
Benchmark
Nifty Corporate Bond Index A-II
Standard Deviation
1.27
History
Performance & Ratios
1-Year SIP Return
10.47%
3-Year SIP Return
8.38%
5-Year SIP Return
7.0%
Mean Return
6.94%
Alpha
-0.2
Beta
0.65
Sharpe Ratio
0.1
Sortino Ratio
0.08
Information Ratio
-0.4
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.95% | 7.04% | 6.87% | 8.4% |
| Category Average | 9.56% | 7.0% | 6.51% | N/A |
| Rank Within Category | 15 | 17 | 9 | N/A |
Holdings (73)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 14.5% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 6.03% |
| National Housing Bank | Financial | Debenture | 4.41% |
| GOI | Sovereign | GOI Sec | 4.39% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.55% |
| Reliance Industries Ltd. | Energy | NCD | 3.49% |
| GOI | Sovereign | GOI Sec | 3.17% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.01% |
| Larsen & Toubro Ltd. | Construction | Bonds/NCD | 2.55% |
| Nuclear Power Corpn. Of India Ltd. | Energy | NCD | 2.52% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Nippon India Corporate Bond Fund Direct Growth | 6738.28 | 10.55 | 8.0 | 0.36 | N/A |
| ICICI Prudential Corporate Bond Fund Direct Plan Growth | 29929.41 | 9.6 | 7.94 | 0.35 | N/A |
| Axis Corporate Bond Fund Direct Growth | 6202.78 | 10.48 | 7.89 | 0.32 | N/A |
| HDFC Corporate Bond Fund Direct Plan Growth | 32526.64 | 10.15 | 7.75 | 0.36 | N/A |
| Kotak Corporate Bond Fund Direct Growth | 14638.79 | 10.18 | 7.6 | 0.34 | 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
1999-12-20T00:00:00.155Z
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
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Bandhan Corporate Bond Fund Direct Growth
IDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan Corporate Bond 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 Corporate Bond Fund Direct Growth?
The top stocks held by Bandhan Corporate Bond Fund Direct Growth include GOI, Bajaj Housing Finance Ltd., National Housing Bank.
Which industries does Bandhan Corporate Bond Fund Direct Growth invest in?
Bandhan Corporate Bond Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Energy.
Who are the fund managers of Bandhan Corporate Bond Fund Direct Growth?
The fund managers of Bandhan Corporate Bond Fund Direct Growth are Suyash Choudhary and Gautam Kaul and Brijesh Shah.
How many years has the fund manager been managing Bandhan Corporate Bond Fund Direct Growth?
Suyash Choudhary:
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Gautam Kaul:
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Brijesh Shah:
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What is the minimum investment for Bandhan Corporate Bond Fund Direct Growth?
The minimum investment for Bandhan Corporate Bond Fund Direct Growth is ₹1000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Corporate Bond Fund Direct Growth?
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What are the average 3-year returns for Bandhan Corporate Bond Fund Direct Growth?
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What is the expense ratio of Bandhan Corporate Bond Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Corporate Bond Fund Direct Growth is 0.33%. The average expense ratio for similar funds in the Debt is Calculating....