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Bandhan Banking & PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (06-Dec-24)
₹24.16-0.07%1D
Returns (Since Inception)
7.79%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹13,429 Cr
Expense Ratio
0.33%
ISIN
INF194K015G8
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
07 Mar 2013
About this fund
Bandhan Banking & PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 11 years and 9 months, having been launched on 07-Mar-13.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹24.16, Assets Under Management (AUM) of 13429.06 Crores, and an expense ratio of 0.33%.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹24.16, Assets Under Management (AUM) of 13429.06 Crores, and an expense ratio of 0.33%.
- Bandhan Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.79% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 77.66% in debts, and 22.06% in cash & cash equivalents.
- You can start investing in Bandhan Banking & PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.17%
+7.98% (Cat Avg.)
3 Years
+6.22%
+5.79% (Cat Avg.)
5 Years
+6.74%
+6.13% (Cat Avg.)
10 Years
+7.55%
+6.31% (Cat Avg.)
Since Inception
+7.79%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹10,428.84 Cr | 77.66% |
| Others | ₹3,000.22 Cr | 22.34% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,991.59 Cr | 14.77% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹1,197.09 Cr | 8.88% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹725.23 Cr | 5.38% |
| Net Current Assets | Cash | ₹574.72 Cr | 4.26% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹565.99 Cr | 4.20% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹494.4 Cr | 3.67% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹465.48 Cr | 3.45% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹394.89 Cr | 2.93% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹364.34 Cr | 2.70% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹349.72 Cr | 2.59% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹309.9 Cr | 2.30% |
| Ntpc Limited | Bond - Corporate Bond | ₹300.05 Cr | 2.23% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹281.51 Cr | 2.09% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹269.56 Cr | 2.00% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹248.55 Cr | 1.84% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹245.01 Cr | 1.82% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹235.79 Cr | 1.75% |
| Hindustan Petroleum Corporation Limited | Bond - Corporate Bond | ₹233.53 Cr | 1.73% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹225.4 Cr | 1.67% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹224.94 Cr | 1.67% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹224.65 Cr | 1.67% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹214.05 Cr | 1.59% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹199.76 Cr | 1.48% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹198.72 Cr | 1.47% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹173.39 Cr | 1.29% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹170.53 Cr | 1.26% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹158.59 Cr | 1.18% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹152.55 Cr | 1.13% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹134.33 Cr | 1.00% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹125.21 Cr | 0.93% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹124.56 Cr | 0.92% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹100 Cr | 0.74% |
| Canara Bank | Cash - CD/Time Deposit | ₹98.48 Cr | 0.73% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹98.14 Cr | 0.73% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹98.12 Cr | 0.73% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.01 Cr | 0.73% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹97.78 Cr | 0.73% |
| National Housing Bank | Bond - Corporate Bond | ₹89.83 Cr | 0.67% |
| Rec Limited | Bond - Corporate Bond | ₹76.58 Cr | 0.57% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.76 Cr | 0.55% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹73.8 Cr | 0.55% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹73.49 Cr | 0.55% |
| National Housing Bank | Bond - Corporate Bond | ₹50.17 Cr | 0.37% |
| Ntpc Limited | Bond - Corporate Bond | ₹50.13 Cr | 0.37% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.98 Cr | 0.37% |
| National Housing Bank | Bond - Corporate Bond | ₹49.94 Cr | 0.37% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.08 Cr | 0.36% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.06 Cr | 0.36% |
| ICICI Bank - 25/02/2025 | Cash - CD/Time Deposit | ₹49.03 Cr | 0.36% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.9 Cr | 0.36% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹45.4 Cr | 0.34% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹40.05 Cr | 0.30% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹38.07 Cr | 0.28% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹36.31 Cr | 0.27% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹30.12 Cr | 0.22% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹29.5 Cr | 0.22% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹27.65 Cr | 0.21% |
| Ntpc Limited | Bond - Corporate Bond | ₹25.2 Cr | 0.19% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.17 Cr | 0.19% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.03 Cr | 0.19% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25 Cr | 0.19% |
| Nhpc Limited | Bond - Corporate Bond | ₹25 Cr | 0.19% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.97 Cr | 0.19% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.91 Cr | 0.18% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹24.67 Cr | 0.18% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹24.67 Cr | 0.18% |
| Kotak Mahindra Bank Ltd. | Cash - CD/Time Deposit | ₹24.64 Cr | 0.18% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10.12 Cr | 0.08% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.06 Cr | 0.04% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.04% |
| Bajaj Housing Finance Ltd. 8% | Bond - Corporate Bond | ₹5.01 Cr | 0.04% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.04% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹4.95 Cr | 0.04% |
| Axis Bank Limited | Bond - Corporate Bond | ₹1.5 Cr | 0.01% |
| 07.18 Tn SDL 2027 | Bond - Gov't/Treasury | ₹1.21 Cr | 0.01% |
| Triparty Repo Trp_181124 | Cash - Repurchase Agreement | ₹0.79 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹6,741.75 Cr | 50.00% |
| Bond - Gov't/Treasury | ₹3,658.38 Cr | 27.13% |
| Cash - CD/Time Deposit | ₹1,907 Cr | 14.14% |
| Cash | ₹574.72 Cr | 4.26% |
| Cash - Commercial Paper | ₹465.48 Cr | 3.45% |
| Bond - Gov't Agency Debt | ₹98.12 Cr | 0.73% |
| Mutual Fund - Open End | ₹38.07 Cr | 0.28% |
| Cash - Repurchase Agreement | ₹0.79 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.93%
Cat. avg.
1.49%
Lower the better
Sharpe Ratio
This fund
-0.05
Cat. avg.
-0.41
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th November 2024
ISIN INF194K015G8 | Expense Ratio 0.33% | Exit Load No Charges | Fund Size ₹13,429 Cr | Age 11 years 9 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Banking & PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13429.06 Cr | 8.2% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13429.06 Cr | 7.8% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹586.11 Cr | 7.9% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹586.11 Cr | 8.3% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹247.92 Cr | 7.9% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹247.92 Cr | 8.3% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Bandhan Mutual Fund
Total AUM
₹1,62,815 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of Bandhan Banking & PSU Debt Fund Direct Growth?
The NAV of Bandhan Banking & PSU Debt Fund Direct Growth, as of 06-Dec-2024, is ₹24.16.
What are the returns of Bandhan Banking & PSU Debt Fund Direct Growth?
The fund has generated 8.17% over the last 1 year and 6.22% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bandhan Banking & PSU Debt Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 77.66% in bonds, and 22.06% in cash and cash equivalents.
Who manages the Bandhan Banking & PSU Debt Fund Direct Growth?
The fund managers responsible for Bandhan Banking & PSU Debt Fund Direct Growth are:-
- Suyash Choudhary
- Gautam Kaul
- Brijesh Shah
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.