Bandhan Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (25-Jul-24)
₹36.790.02%1D
Returns (Since Inception)
7.49%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹5,450 Cr
Expense Ratio
0.33%
ISIN
INF194K01J77
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Bandhan Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹36.79, Assets Under Management (AUM) of 5450.34 Crores, and an expense ratio of 0.33%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹36.79, Assets Under Management (AUM) of 5450.34 Crores, and an expense ratio of 0.33%.
- Bandhan Low Duration Fund Direct Growth has given a CAGR return of 7.49% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 70.83% in debts, and 28.89% in cash & cash equivalents.
- You can start investing in Bandhan Low Duration Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
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
+7.30%
+6.26% (Cat Avg.)
3 Years
+5.80%
+5.34% (Cat Avg.)
5 Years
+6.03%
+5.62% (Cat Avg.)
10 Years
+7.16%
+5.63% (Cat Avg.)
Since Inception
+7.49%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹3,860.71 Cr | 70.83% |
| Others | ₹1,589.63 Cr | 29.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹333.74 Cr | 5.90% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹324.22 Cr | 5.73% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹313.31 Cr | 5.54% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹255.53 Cr | 4.52% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹248.86 Cr | 4.40% |
| 182 DTB 05122024 | Bond - Gov't/Treasury | ₹243.53 Cr | 4.31% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹228.95 Cr | 4.05% |
| Triparty Repo | Cash - Repurchase Agreement | ₹223.94 Cr | 3.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹222.07 Cr | 3.93% |
| Net Current Assets | Cash | ₹210.11 Cr | 3.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹179.56 Cr | 3.18% |
| 364 DTB 21112024 | Bond - Gov't/Treasury | ₹170.93 Cr | 3.02% |
| Canara Bank | Cash - CD/Time Deposit | ₹167.1 Cr | 2.95% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹149.2 Cr | 2.64% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹148.59 Cr | 2.63% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹119.46 Cr | 2.11% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹117.13 Cr | 2.07% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹116.3 Cr | 2.06% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹99.87 Cr | 1.77% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹99.84 Cr | 1.77% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.4 Cr | 1.76% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹85.06 Cr | 1.50% |
| 364 DTB 03102024 | Bond - Gov't/Treasury | ₹78.85 Cr | 1.39% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹75.18 Cr | 1.33% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹74.76 Cr | 1.32% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹74.5 Cr | 1.32% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹74.08 Cr | 1.31% |
| 08.31 AP Sdl 2025 | Bond - Gov't/Treasury | ₹55.65 Cr | 0.98% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹50.2 Cr | 0.89% |
| Tata Capital Limited | Bond - Corporate Bond | ₹50.11 Cr | 0.89% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.99 Cr | 0.88% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹49.93 Cr | 0.88% |
| 182 DTB 25072024 | Bond - Gov't/Treasury | ₹49.92 Cr | 0.88% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹49.86 Cr | 0.88% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹49.77 Cr | 0.88% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.76 Cr | 0.88% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.72 Cr | 0.88% |
| 364 DTB 24102024 | Bond - Gov't/Treasury | ₹49.09 Cr | 0.87% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹48.72 Cr | 0.86% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹48.05 Cr | 0.85% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹39.95 Cr | 0.71% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹30.14 Cr | 0.53% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹29.81 Cr | 0.53% |
| 08.20 Up SDL 2025 | Bond - Gov't/Treasury | ₹25.24 Cr | 0.45% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.06 Cr | 0.44% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.05 Cr | 0.44% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.44% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.44% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹24.95 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.91 Cr | 0.44% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.85 Cr | 0.44% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.1 Cr | 0.43% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.04 Cr | 0.43% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹24.03 Cr | 0.42% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.99 Cr | 0.42% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.89 Cr | 0.42% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹15.55 Cr | 0.28% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹7.08 Cr | 0.13% |
| 08.28 MH Sdl 2025 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.09% |
| 08.27 HR Sdl 2025 | Bond - Gov't/Treasury | ₹5.05 Cr | 0.09% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.09% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.09% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.09% |
| 07.41 Up SDL 2026 | Bond - Gov't/Treasury | ₹1.51 Cr | 0.03% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.78 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.26 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,307.27 Cr | 58.48% |
| Cash - CD/Time Deposit | ₹1,064.95 Cr | 18.83% |
| Bond - Gov't/Treasury | ₹691.91 Cr | 12.24% |
| Cash - Repurchase Agreement | ₹223.94 Cr | 3.96% |
| Cash | ₹210.11 Cr | 3.72% |
| Bond - Gov't Agency Debt | ₹140.32 Cr | 2.48% |
| Mutual Fund - Open End | ₹15.55 Cr | 0.28% |
| Bond - Short-term Government Bills | ₹0.78 Cr | 0.01% |
| Cash - Collateral | ₹0.26 Cr | 0.00% |
| Cash - Commercial Paper | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.69%
Cat. avg.
0.91%
Lower the better
Sharpe Ratio
This fund
0.02
Cat. avg.
-0.69
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.32
Higher the better
Fund Managers
Harshal Joshi
Since July 2021
SB
Sreejith Balasubramanian
Since August 2023
Additional Scheme Detailsas of 15th July 2024
ISIN | INF194K01J77 | Expense Ratio | 0.33% | Exit Load | No Charges | Fund Size | ₹5,450 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Low Duration Debt Index 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹517.76 Cr | 7.7% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹517.76 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2564.50 Cr | 7.1% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹10490.91 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹616.30 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹19120.59 Cr | 7.1% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5450.34 Cr | 7.0% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹864.85 Cr | 7.1% |
| ICICI Prudential Savings Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹20884.12 Cr | 7.7% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹503.92 Cr | 6.7% |
About the AMC
Total AUM
₹1,44,833 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Bandhan Low Duration Fund Direct Growth?
The NAV of Bandhan Low Duration Fund Direct Growth, as of 25-Jul-2024, is ₹36.79.
What are the returns of Bandhan Low Duration Fund Direct Growth?
The fund has generated 7.30% 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 Low Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 70.83% in bonds, and 28.89% in cash and cash equivalents.
Who manages the Bandhan Low Duration Fund Direct Growth?
The fund managers responsible for Bandhan Low Duration Fund Direct Growth are:-
- Harshal Joshi
- Sreejith Balasubramanian
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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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.
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.