Dezerv

Fund Overview

Fund Size

Fund Size

₹3,962 Cr

Expense Ratio

Expense Ratio

0.27%

ISIN

ISIN

INF194KA16R3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Jul 2018

About this fund

Bandhan Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 5 years and 10 months, having been launched on 18-Jul-18.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹14.18, Assets Under Management (AUM) of 3962.02 Crores, and an expense ratio of 0.27%.
  • Bandhan Ultra Short Term Fund Direct Growth has given a CAGR return of 6.18% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 49.86% in debts, and 49.88% in cash & cash equivalents.
  • You can start investing in Bandhan Ultra Short Term 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

+7.36%

+6.12% (Cat Avg.)

3 Years

+5.65%

+5.13% (Cat Avg.)

5 Years

+5.78%

+4.99% (Cat Avg.)

Since Inception

+6.18%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt1,975.62 Cr49.86%
Others1,986.4 Cr50.14%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Triparty RepoCash - Repurchase Agreement370.44 Cr9.35%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit321.77 Cr8.12%
Bank Of BarodaCash - CD/Time Deposit241.49 Cr6.10%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond220.89 Cr5.58%
Power Finance Corporation LimitedBond - Corporate Bond199.59 Cr5.04%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond169.9 Cr4.29%
182 DTB 25072024Bond - Gov't/Treasury147.6 Cr3.73%
Kotak Mahindra Prime Ltd.Cash - Commercial Paper147.05 Cr3.71%
Rural Electrification Corporation LimitedBond - Corporate Bond111.45 Cr2.81%
Rural Electrification Corporation LimitedBond - Corporate Bond100.45 Cr2.54%
HDFC Bank LimitedBond - Corporate Bond99.84 Cr2.52%
Tata Capital Housing Finance LimitedBond - Corporate Bond99.2 Cr2.50%
Bank Of BarodaCash - CD/Time Deposit96.44 Cr2.43%
Rec LimitedBond - Corporate Bond75.04 Cr1.89%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond75 Cr1.89%
India (Republic of)Bond - Short-term Government Bills74.19 Cr1.87%
HDFC Bank LimitedCash - CD/Time Deposit73.01 Cr1.84%
Net Current AssetsCash-66.32 Cr1.67%
Kotak Mahindra Prime LimitedBond - Corporate Bond54.46 Cr1.37%
HDFC Bank LimitedBond - Corporate Bond50.11 Cr1.26%
Sundaram Finance LimitedBond - Corporate Bond49.98 Cr1.26%
Larsen And Toubro LimitedBond - Corporate Bond49.92 Cr1.26%
Rec LimitedBond - Corporate Bond49.89 Cr1.26%
Hindustan Petroleum Corporation LimitedBond - Corporate Bond49.89 Cr1.26%
Rec LimitedBond - Corporate Bond49.89 Cr1.26%
HDFC Bank LimitedBond - Corporate Bond49.75 Cr1.26%
India (Republic of)Bond - Short-term Government Bills49.73 Cr1.26%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.65 Cr1.25%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.33 Cr1.25%
Kotak Mahindra Prime LimitedBond - Corporate Bond49.27 Cr1.24%
Axis Bank LimitedCash - CD/Time Deposit48.64 Cr1.23%
Punjab National BankCash - CD/Time Deposit47.86 Cr1.21%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit47.72 Cr1.20%
HDFC Bank LimitedBond - Corporate Bond44.28 Cr1.12%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond39.91 Cr1.01%
India (Republic of)Bond - Short-term Government Bills39.68 Cr1.00%
Power Finance Corporation LimitedBond - Corporate Bond39.34 Cr0.99%
Power Finance Corporation LimitedBond - Corporate Bond25.13 Cr0.63%
HDFC Bank LimitedBond - Corporate Bond25.09 Cr0.63%
Kotak Mahindra Prime LimitedBond - Corporate Bond24.97 Cr0.63%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.87 Cr0.63%
National Housing BankBond - Corporate Bond24.83 Cr0.63%
Rec LimitedBond - Corporate Bond24.82 Cr0.63%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.82 Cr0.63%
L&T Finance LimitedBond - Corporate Bond24.81 Cr0.63%
Power Finance Corporation Ltd.Bond - Corporate Bond24.8 Cr0.63%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.8 Cr0.63%
Axis Bank LimitedCash - CD/Time Deposit24.76 Cr0.62%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.38 Cr0.62%
ICICI Bank LimitedCash - CD/Time Deposit24.27 Cr0.61%
Kotak Mahindra Prime LimitedCash - Commercial Paper24.04 Cr0.61%
Kotak Mahindra Prime LimitedBond - Corporate Bond23.66 Cr0.60%
Rural Electrification Corporation LimitedBond - Corporate Bond15.1 Cr0.38%
Rural Electrification Corporation LimitedBond - Corporate Bond15.07 Cr0.38%
Reliance Industries LimitedBond - Corporate Bond15.03 Cr0.38%
HDFC Bank LimitedBond - Corporate Bond15 Cr0.38%
Bajaj Finance LimitedBond - Corporate Bond14.94 Cr0.38%
ICICI Bank LimitedCash - CD/Time Deposit14.47 Cr0.37%
Icici Securities LimitedCash - Commercial Paper14.04 Cr0.35%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End10.05 Cr0.25%
Power Finance Corporation LimitedBond - Corporate Bond5.02 Cr0.13%
Kotak Mahindra Prime LimitedBond - Corporate Bond4.98 Cr0.13%
India (Republic of)Bond - Short-term Government Bills1.48 Cr0.04%
Cash Margin - CcilCash - Collateral0.45 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond2,209.16 Cr55.76%
Cash - CD/Time Deposit940.43 Cr23.74%
Cash - Repurchase Agreement370.44 Cr9.35%
Cash - Commercial Paper185.13 Cr4.67%
Bond - Short-term Government Bills165.09 Cr4.17%
Bond - Gov't/Treasury147.6 Cr3.73%
Cash-66.32 Cr1.67%
Mutual Fund - Open End10.05 Cr0.25%
Cash - Collateral0.45 Cr0.01%

Risk & Performance Ratios

Standard Deviation

This fund

0.58%

Cat. avg.

0.73%

Lower the better

Sharpe Ratio

This fund

0.15

Cat. avg.

-0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.13

Higher the better

Fund Managers

Harshal Joshi

Harshal Joshi

Since July 2018

SB

Sreejith Balasubramanian

Since August 2023

Additional Scheme Detailsas of 30th April 2024

ISININF194KA16R3Expense Ratio0.27%Exit LoadNo ChargesFund Size₹3,962 CrAge18 Jul 2018Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Ultra Short Duration Debt TR INR

Investment ObjectiveInvestment 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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹240.88 Cr6.6%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹525.85 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1259.19 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1259.19 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr6.9%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹5653.60 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹220.10 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹220.10 Cr7.5%

About the AMC

Total AUM

₹1,34,828 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹1389.26 Cr-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹28.94 Cr-
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹56.76 Cr-
Bandhan Retirement Fund Direct Growth

Very High Risk

0.6%0.0%₹157.87 Cr-
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹18.03 Cr-
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Moderate Risk

-0.0%₹286.43 Cr7.0%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1362.17 Cr6.8%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13494.31 Cr7.4%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹4394.78 Cr58.3%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.8%0.0%₹2319.73 Cr7.8%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1396.11 Cr34.4%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹17.98 Cr27.0%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹2196.84 Cr8.1%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1542.62 Cr34.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹327.31 Cr6.4%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

1.0%0.0%₹1171.09 Cr84.9%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.2%0.0%₹116.20 Cr10.5%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.8%0.0%₹1581.38 Cr6.2%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹491.18 Cr5.9%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4531.17 Cr7.5%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹8649.34 Cr7.0%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1219.39 Cr24.7%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹8569.07 Cr44.5%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹7004.20 Cr36.9%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹113.86 Cr6.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6432.29 Cr37.8%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5228.75 Cr7.2%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.3%1.0%₹6.16 Cr12.6%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹481.99 Cr6.6%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2093.84 Cr43.5%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹802.19 Cr-
Bandhan Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹208.74 Cr7.1%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹5733.27 Cr8.3%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹295.68 Cr42.6%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

-0.0%₹381.32 Cr6.4%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹168.11 Cr6.8%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹350.10 Cr6.7%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3962.02 Cr7.4%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹18.35 Cr19.9%
Bandhan Equity Savings Fund Direct Growth

Moderate Risk

0.4%0.0%₹113.46 Cr11.5%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹174.46 Cr6.5%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹494.55 Cr31.5%
Bandhan All Seasons Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹116.93 Cr6.8%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹63.04 Cr69.2%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹4994.19 Cr75.8%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹693.61 Cr26.1%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹122.87 Cr30.9%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹350.99 Cr7.1%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Bandhan Ultra Short Term Fund Direct Growth, as of 17-May-2024, is ₹14.18.
The fund has generated 7.36% over the last 1 year and 5.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 49.86% in bonds, and 49.88% in cash and cash equivalents.
The fund managers responsible for Bandhan Ultra Short Term Fund Direct Growth are:-
  1. Harshal Joshi
  2. Sreejith Balasubramanian