Overview
Bandhan Low Duration Fund Direct Growth
IDFC Mutual Fund
The scheme aims to offer an investment avenue for short term savings by looking to generate returns commensurate 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 6 months and 12 months.
Investments in Bandhan Low Duration 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
₹ 39.0099
Fund Size (AUM)
₹5530.61 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
01-Jan-2013
Expense Ratio
0.34%
Exit Load
Nil
Benchmark
NIFTY Low Duration Debt Index A-I
Standard Deviation
0.64
History
Performance & Ratios
1-Year SIP Return
7.31%
3-Year SIP Return
7.23%
5-Year SIP Return
6.38%
Mean Return
7.32%
Alpha
3.33
Beta
1.43
Sharpe Ratio
0.56
Sortino Ratio
0.5
Information Ratio
6.86
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.05% | 6.95% | 6.07% | 8.24% |
| Category Average | 7.78% | 6.66% | 6.2% | N/A |
| Rank Within Category | 20 | 19 | 19 | N/A |
Holdings (75)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 8.33% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.33% |
| LIC Housing Finance Ltd. | Financial | CP | 3.5% |
| Indian Bank | Financial | CD | 3.45% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 3.43% |
| Power Finance Corporation Ltd. | Financial | Debenture | 3.15% |
| Canara Bank | Financial | CD | 3.01% |
| Power Finance Corporation Ltd. | Financial | NCD | 2.99% |
| Canara Bank | Financial | CD | 2.58% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.34% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Low Duration Fund Direct Growth | 11918.97 | 8.33 | 7.37 | 0.42 | N/A |
| Sundaram Low Duration Fund Direct Growth | 342.03 | 8.49 | 7.28 | 0.39 | N/A |
| Axis Treasury Advantage Fund Direct Growth | 5830.11 | 8.38 | 7.25 | 0.34 | N/A |
| SBI Magnum Low Duration Fund Direct Plan Growth | 14392.26 | 8.27 | 7.16 | 0.43 | N/A |
| LIC MF Low Duration Fund Direct Growth | 1449.53 | 8.3 | 7.06 | 0.25 | 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: ₹ 100
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
1999-12-20T00:00:00.553Z
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 Low Duration Fund Direct Growth
IDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan Low Duration 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 Low Duration Fund Direct Growth?
The top stocks held by Bandhan Low Duration Fund Direct Growth include Axis Bank Ltd., Small Industries Devp. Bank of India Ltd., LIC Housing Finance Ltd..
Which industries does Bandhan Low Duration Fund Direct Growth invest in?
Bandhan Low Duration Fund Direct Growth primarily invests in the following industries: Financial, Others, Sovereign.
Who are the fund managers of Bandhan Low Duration Fund Direct Growth?
The fund managers of Bandhan Low Duration Fund Direct Growth are Harshal Joshi and Brijesh Shah.
How many years has the fund manager been managing Bandhan Low Duration Fund Direct Growth?
Harshal Joshi:
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Brijesh Shah:
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What is the minimum investment for Bandhan Low Duration Fund Direct Growth?
The minimum investment for Bandhan Low Duration Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Low Duration Fund Direct Growth?
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What are the average 3-year returns for Bandhan Low Duration Fund Direct Growth?
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What is the expense ratio of Bandhan Low Duration Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Low Duration Fund Direct Growth is 0.34%. The average expense ratio for similar funds in the Debt is Calculating....