Bandhan Bond Fund - Short Term Plan Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (06-Sep-24)
₹56.960.02%1D
Returns (Since Inception)
7.85%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹8,726 Cr
Expense Ratio
0.33%
ISIN
INF194K01U07
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Bandhan Bond Fund - Short Term Plan Direct Growth is a Short Duration mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 11 years, 8 months and 7 days, having been launched on 01-Jan-13.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹56.96, Assets Under Management (AUM) of 8726.14 Crores, and an expense ratio of 0.33%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹56.96, Assets Under Management (AUM) of 8726.14 Crores, and an expense ratio of 0.33%.
- Bandhan Bond Fund - Short Term Plan Direct Growth has given a CAGR return of 7.85% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 69.08% in debts, and 30.64% in cash & cash equivalents.
- You can start investing in Bandhan Bond Fund - Short Term Plan 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
+8.33%
+7.15% (Cat Avg.)
3 Years
+5.80%
+5.68% (Cat Avg.)
5 Years
+6.60%
+6.17% (Cat Avg.)
10 Years
+7.63%
+6.20% (Cat Avg.)
Since Inception
+7.85%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹6,027.84 Cr | 69.08% |
| Others | ₹2,698.3 Cr | 30.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹2,308.55 Cr | 26.53% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹772.03 Cr | 8.87% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹580.73 Cr | 6.67% |
| Bajaj Housing Finance Ltd. 8.04% | Bond - Corporate Bond | ₹476.06 Cr | 5.47% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹441.34 Cr | 5.07% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹397.26 Cr | 4.56% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹387.23 Cr | 4.45% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹324.36 Cr | 3.73% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹289.41 Cr | 3.33% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹249.07 Cr | 2.86% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹198.92 Cr | 2.29% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹163.61 Cr | 1.88% |
| Bajaj Housing Finance Ltd. 8% | Bond - Corporate Bond | ₹150.09 Cr | 1.72% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹150.03 Cr | 1.72% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹134.16 Cr | 1.54% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹125.33 Cr | 1.44% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹122.41 Cr | 1.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹109.52 Cr | 1.26% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹100.13 Cr | 1.15% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹99.51 Cr | 1.14% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹98.84 Cr | 1.14% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹96.54 Cr | 1.11% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹95.9 Cr | 1.10% |
| Net Current Assets | Cash | ₹91.01 Cr | 1.05% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.76 Cr | 0.86% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹74.31 Cr | 0.85% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹73.46 Cr | 0.84% |
| Bajaj Housing Finance Ltd. 7.78% | Bond - Corporate Bond | ₹49.88 Cr | 0.57% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹49.77 Cr | 0.57% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹49.74 Cr | 0.57% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹49.21 Cr | 0.57% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.5 Cr | 0.56% |
| Triparty Repo Trp_160824 | Cash - Repurchase Agreement | ₹41.37 Cr | 0.48% |
| Tata Capital Limited | Bond - Corporate Bond | ₹35.16 Cr | 0.40% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.29% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.29% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹24.63 Cr | 0.28% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹24.16 Cr | 0.28% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.15 Cr | 0.28% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.07 Cr | 0.28% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.01 Cr | 0.28% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹14.56 Cr | 0.17% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.06% |
| 8.24% Govt Stock 2027 | Bond - Gov't/Treasury | ₹1.03 Cr | 0.01% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0.98 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.87 Cr | 0.01% |
| 6.79% Govt Stock 2027 | Bond - Gov't/Treasury | ₹0.85 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,095.28 Cr | 35.57% |
| Bond - Gov't/Treasury | ₹2,892.15 Cr | 33.23% |
| Cash - CD/Time Deposit | ₹2,243.73 Cr | 25.78% |
| Cash - Commercial Paper | ₹289.41 Cr | 3.33% |
| Cash | ₹91.01 Cr | 1.05% |
| Cash - Repurchase Agreement | ₹41.37 Cr | 0.48% |
| Mutual Fund - Open End | ₹24.63 Cr | 0.28% |
| Bond - Gov't Agency Debt | ₹24.16 Cr | 0.28% |
| Cash - Collateral | ₹0.87 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
1.41%
Cat. avg.
1.77%
Lower the better
Sharpe Ratio
This fund
-0.08
Cat. avg.
-0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.02
Higher the better
Fund Managers
Suyash Choudhary
Since March 2011
BS
Brijesh Shah
Since June 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF194K01U07 | Expense Ratio | 0.33% | Exit Load | No Charges | Fund Size | ₹8,726 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Short Duration 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹8507.89 Cr | 7.6% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹334.73 Cr | 7.2% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2397.11 Cr | 7.2% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹8726.14 Cr | 7.8% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹334.73 Cr | 8.1% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹18719.16 Cr | 7.7% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹63.68 Cr | 7.4% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹63.68 Cr | 8.5% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹6974.03 Cr | 7.6% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹13653.76 Cr | 8.0% |
About the AMC
Total AUM
₹1,54,037 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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We're here to help.
What is the current NAV of Bandhan Bond Fund - Short Term Plan Direct Growth?
The NAV of Bandhan Bond Fund - Short Term Plan Direct Growth, as of 06-Sep-2024, is ₹56.96.
What are the returns of Bandhan Bond Fund - Short Term Plan Direct Growth?
The fund has generated 8.33% over the last 1 year and 5.80% 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 Bond Fund - Short Term Plan Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 69.08% in bonds, and 30.64% in cash and cash equivalents.
Who manages the Bandhan Bond Fund - Short Term Plan Direct Growth?
The fund managers responsible for Bandhan Bond Fund - Short Term Plan Direct Growth are:-
- Suyash Choudhary
- 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 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.