February 24, 2024
mayank
Bandhan Long Duration Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bandhan Long Duration Fund Open Date, Close Date?
NFO opens on March 05, 2024
NFO will close on March 18, 2024
What is the Investment Strategy?
The scheme seeks to invest in a diversified set of debt and money market securities, such that the Macaulay duration of the Portfolio is greater than 7 years, with the aim of generating optimal returns over long term.
Basic Details of Bandhan Long Duration Fund?
| Fund House | Bandhan Mutual Fund |
| Issue Open | 05 March 2024 |
| Issue Close | 18 March 2024 |
| Type | Open-ended |
| Category | Debt: Long Duration |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Moderate |
| Benchmark | NIFTY Long Duration Debt Index A-III |
What is the Benchmark Index of Bandhan Long Duration Fund?
The Nifty Fixed Income PRC (Potential Risk Class) Indices are based on SEBI guidelines on Potential Risk Class Matrix for debt schemes based on Interest Rate Risk and Credit Risk and have been prepared for various categories of MFs as per SEBI guidelines on ‘Categorization and Rationalization of Mutual Fund Schemes’ with respect to Macaulay’s Duration and Credit Rating range for each debt fund category. The indices are rebalanced on a monthly basis.
Index Characteristics
| Launch Date | April 04, 2022 |
| Base Date | September 03, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Daily – End of day |
| Reconstitution Frequency | Monthly |
Statistics (( Returns as on Jan 31, 2024 ))
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg Maturity* | Avg Duration* | 3 M | 6 M | 1 Yr. | 3 Yr | Since Inception |
| NIFTY Liquid Index A-I | 7.49 | 0.13 | 0.13 | 0.12 | 1.82 | 3.58 | 7.22 | 5.27 | 6.91 |
| NIFTY Liquid Index B-I | 7.62 | 0.13 | 0.13 | 0.12 | 1.85 | 3.64 | 7.36 | 5.38 | 6.95 |
| NIFTY Liquid Index C-I | 8.08 | 0.13 | 0.14 | 0.12 | 1.98 | 3.91 | 7.87 | 5.73 | 7.05 |
| NIFTY Money Market Index A-I | 7.91 | 0.37 | 0.38 | 0.35 | 1.77 | 3.51 | 7.33 | 5.24 | 7.07 |
| NIFTY Money Market Index B-I | 8.01 | 0.37 | 0.37 | 0.34 | 1.83 | 3.59 | 7.50 | 5.39 | 7.11 |
| NIFTY Money Market Index C-I | 8.49 | 0.36 | 0.36 | 0.33 | 1.95 | 3.86 | 8.00 | 5.72 | 7.20 |
| NIFTY Ultra Short Duration Debt Index A-I | 8.10 | 0.39 | 0.39 | 0.36 | 1.77 | 3.53 | 7.45 | 5.44 | 7.37 |
| NIFTY Ultra Short Duration Debt Index A-II | 8.09 | 0.42 | 0.44 | 0.39 | 1.78 | 3.54 | 7.46 | 5.43 | 7.38 |
| NIFTY Ultra Short Duration Debt Index A-III | 8.07 | 0.49 | 0.59 | 0.46 | 1.79 | 3.55 | 7.48 | 5.45 | 7.41 |
| NIFTY Ultra Short Duration Debt Index B-I | 8.26 | 0.38 | 0.39 | 0.36 | 1.84 | 3.68 | 7.76 | 5.77 | 7.52 |
| NIFTY Ultra Short Duration Debt Index B-II | 8.32 | 0.42 | 0.44 | 0.39 | 1.87 | 3.73 | 7.86 | 5.94 | 7.61 |
| NIFTY Ultra Short Duration Debt Index B-III | 8.36 | 0.49 | 0.60 | 0.45 | 1.91 | 3.83 | 7.95 | 6.08 | 7.68 |
| NIFTY Ultra Short Duration Debt Index C-I | 8.98 | 0.38 | 0.39 | 0.35 | 2.10 | 4.14 | 8.64 | 6.73 | 7.87 |
| NIFTY Ultra Short Duration Debt Index C-II | 8.95 | 0.42 | 0.44 | 0.39 | 2.10 | 4.13 | 8.63 | 6.73 | 7.86 |
| NIFTY Ultra Short Duration Debt Index C-III | 8.95 | 0.48 | 0.48 | 0.44 | 2.11 | 4.13 | 8.54 | 6.67 | 7.90 |
| NIFTY Low Duration Debt Index A-I | 8.19 | 0.75 | 0.76 | 0.70 | 1.65 | 3.32 | 7.31 | 5.12 | 7.28 |
| NIFTY Low Duration Debt Index A-II | 8.18 | 0.84 | 0.86 | 0.78 | 1.66 | 3.31 | 7.30 | 5.09 | 7.30 |
| NIFTY Low Duration Debt Index A-III | 8.18 | 0.91 | 0.97 | 0.84 | 1.66 | 3.30 | 7.30 | 5.08 | 7.31 |
| NIFTY Low Duration Debt Index B-I | 8.46 | 0.74 | 0.74 | 0.68 | 1.76 | 3.54 | 7.82 | 5.74 | 7.51 |
| NIFTY Low Duration Debt Index B-II | 8.52 | 0.83 | 0.86 | 0.77 | 1.79 | 3.56 | 7.98 | 6.02 | 7.59 |
| NIFTY Low Duration Debt Index B-III | 8.51 | 0.89 | 0.92 | 0.82 | 1.78 | 3.54 | 7.93 | 5.97 | 7.59 |
| NIFTY Low Duration Debt Index C-I | 9.18 | 0.73 | 0.74 | 0.67 | 1.91 | 3.89 | 8.43 | 6.29 | 7.72 |
| NIFTY Low Duration Debt Index C-II | 9.19 | 0.82 | 0.85 | 0.76 | 1.91 | 3.87 | 8.42 | 6.30 | 7.72 |
| NIFTY Low Duration Debt Index C-III | 9.18 | 0.88 | 0.90 | 0.81 | 1.91 | 3.85 | 8.38 | 6.25 | 7.72 |
| NIFTY Short Duration Debt Index A-II | 7.86 | 1.65 | 1.80 | 1.55 | 1.96 | 3.42 | 7.33 | 4.97 | 7.48 |
| NIFTY Short Duration Debt Index A-III | 7.80 | 1.96 | 2.28 | 1.84 | 2.01 | 3.43 | 7.36 | 4.95 | 7.40 |
| NIFTY Short Duration Debt Index B-II | 8.15 | 1.63 | 1.79 | 1.53 | 1.96 | 3.50 | 7.68 | 5.74 | 7.69 |
| NIFTY Short Duration Debt Index B-III | 8.17 | 1.89 | 2.07 | 1.77 | 1.97 | 3.44 | 7.70 | 5.88 | 7.72 |
| NIFTY Short Duration Debt Index C-II | 9.30 | 1.52 | 1.71 | 1.43 | 2.30 | 4.35 | 9.18 | 7.22 | 8.37 |
| NIFTY Short Duration Debt Index C-III | 9.28 | 1.74 | 1.94 | 1.63 | 2.19 | 4.13 | 8.92 | 7.01 | 8.30 |
| NIFTY Medium Duration Debt Index A-III | 7.68 | 3.91 | 4.80 | 3.66 | 2.04 | 3.16 | 7.07 | 4.51 | 7.77 |
| NIFTY Medium Duration Debt Index B-III | 8.18 | 3.89 | 4.85 | 3.63 | 2.00 | 3.42 | 7.89 | 6.04 | 7.98 |
| NIFTY Medium Duration Debt Index C-III | 9.36 | 3.59 | 4.26 | 3.34 | 2.03 | 3.85 | 9.07 | 7.34 | 8.50 |
| NIFTY Medium to Long Duration Debt Index A-III | 7.58 | 6.28 | 8.59 | 5.95 | 2.45 | 3.19 | 7.46 | 4.50 | 7.58 |
| NIFTY Medium to Long Duration Debt Index B-III | 8.36 | 5.77 | 7.67 | 5.37 | 1.83 | 3.08 | 7.52 | 6.35 | 8.17 |
| NIFTY Medium to Long Duration Debt Index C-III | 9.41 | 5.29 | 6.93 | 4.97 | 1.98 | 3.56 | 5.86 | 6.63 | 8.63 |
| NIFTY Long Duration Debt Index A-III | 7.53 | 10.11 | 20.94 | 9.61 | 3.16 | 3.47 | 8.45 | 4.39 | 7.86 |
| NIFTY Long Duration Debt Index B-III | 7.92 | 9.55 | 17.90 | 9.02 | 2.95 | 3.66 | 7.61 | 4.46 | 7.54 |
| NIFTY Long Duration Debt Index C-III | 9.10 | 7.43 | 10.41 | 6.94 | 1.56 | 2.13 | 3.67 | 4.63 | 8.14 |
| NIFTY Corporate Bond Index A-I | 7.89 | 0.53 | 0.53 | 0.49 | 1.76 | 3.49 | 7.42 | 5.43 | 7.52 |
| NIFTY Corporate Bond Index A-II | 7.86 | 1.73 | 1.86 | 1.62 | 1.89 | 3.31 | 7.27 | 4.93 | 7.63 |
| NIFTY Corporate Bond Index A-III | 7.84 | 2.12 | 2.33 | 1.97 | 1.95 | 3.29 | 7.23 | 4.83 | 7.67 |
| NIFTY Corporate Bond Index B-I | 8.14 | 0.52 | 0.52 | 0.48 | 1.84 | 3.66 | 7.85 | 6.15 | 7.88 |
| NIFTY Corporate Bond Index B-II | 8.24 | 1.79 | 1.94 | 1.67 | 1.90 | 3.44 | 7.66 | 5.87 | 7.99 |
| NIFTY Corporate Bond Index B-III | 8.25 | 2.16 | 2.40 | 2.02 | 1.91 | 3.39 | 7.64 | 5.89 | 8.02 |
| NIFTY Credit Risk Bond Index B-I | 8.79 | 0.78 | 0.80 | 0.73 | 1.90 | 3.84 | 8.77 | 7.41 | 8.41 |
| NIFTY Credit Risk Bond Index B-II | 8.98 | 1.46 | 1.59 | 1.37 | 2.05 | 3.91 | 8.79 | 7.49 | 8.57 |
| NIFTY Credit Risk Bond Index B-III | 9.14 | 2.18 | 2.45 | 2.04 | 2.15 | 3.96 | 8.84 | 7.53 | 8.67 |
| NIFTY Credit Risk Bond Index C-I | 9.46 | 0.82 | 0.87 | 0.76 | 2.05 | 4.21 | 9.26 | 7.78 | 8.75 |
| NIFTY Credit Risk Bond Index C-II | 9.67 | 1.47 | 1.62 | 1.38 | 2.25 | 4.41 | 9.47 | 7.90 | 8.90 |
| NIFTY Credit Risk Bond Index C-III | 9.80 | 1.99 | 2.27 | 1.87 | 2.39 | 4.55 | 9.87 | 8.41 | 9.14 |
| NIFTY Banking & PSU Debt Index A-I | 7.69 | 0.45 | 0.46 | 0.42 | 1.77 | 3.47 | 7.31 | 5.17 | 7.02 |
| NIFTY Banking & PSU Debt Index A-II | 7.65 | 2.27 | 2.50 | 2.12 | 1.96 | 3.33 | 7.09 | 4.70 | 7.48 |
| NIFTY Banking & PSU Debt Index A-III | 7.64 | 2.58 | 2.91 | 2.41 | 1.98 | 3.29 | 7.06 | 4.64 | 7.52 |
| NIFTY Banking & PSU Debt Index B-I | 7.75 | 0.45 | 0.45 | 0.42 | 1.80 | 3.51 | 7.39 | 5.27 | 7.05 |
| NIFTY Banking & PSU Debt Index B-II | 7.94 | 2.21 | 2.46 | 2.07 | 2.14 | 3.59 | 7.34 | 4.96 | 7.53 |
| NIFTY Banking & PSU Debt Index B-III | 7.93 | 2.55 | 2.90 | 2.39 | 2.19 | 3.64 | 7.39 | 4.95 | 7.57 |
| NIFTY Banking & PSU Debt Index C-I | 8.07 | 0.43 | 0.44 | 0.40 | 1.85 | 3.65 | 7.68 | 5.46 | 7.09 |
| NIFTY Banking & PSU Debt Index C-II | 8.93 | 2.30 | 2.59 | 2.14 | 2.29 | 4.20 | 6.81 | 5.43 | 7.65 |
| NIFTY Banking & PSU Debt Index C-III | 8.94 | 2.69 | 3.06 | 2.50 | 2.33 | 4.23 | 6.99 | 5.46 | 7.69 |
| NIFTY Composite Debt Index A-III | 7.65 | 4.95 | 7.94 | 4.70 | 2.49 | 3.44 | 7.67 | 4.68 | 7.65 |
| NIFTY Composite Debt Index B-III | 8.15 | 4.69 | 6.91 | 4.41 | 2.17 | 3.35 | 7.80 | 5.78 | 8.04 |
| NIFTY Composite Debt Index C-III | 9.24 | 4.13 | 5.46 | 3.85 | 2.07 | 3.69 | 8.69 | 7.37 | 8.64 |
| NIFTY G-Sec Index A-I | 7.06 | 0.43 | 0.43 | 0.40 | 1.71 | 3.39 | 6.79 | 5.06 | 6.32 |
| NIFTY G-Sec Index A-II | 7.14 | 1.88 | 2.05 | 1.82 | 2.21 | 3.64 | 7.20 | 4.93 | 6.70 |
| NIFTY G-Sec Index A-III | 7.26 | 6.55 | 13.03 | 6.33 | 3.41 | 4.17 | 8.55 | 4.87 | 7.12 |
Performance Review of the Fund Manager of Bandhan Long Duration Fund?
1) Gautam Kaul
Education: Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience: Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
Past Performance of his Schemes
| Fund | Bandhan Banking & PSU Debt Fund | It’s Benchmark | Bandhan Corporate Bond Fund | It’s Benchmark |
| 1 Year | 7.16 | 4.69 | 7.10 | 8.02 |
| 3 Year | 5.13 | 3.15 | 5.05 | 5.21 |
| 5 Year | 7.08 | 3.27 | 6.52 | 5.88 |
| 7 Year | 6.95 | 3.53 | 6.50 | 5.92 |
| 10 Year | 7.40 | 4.02 | — | — |
Which Company Owns Bandhan Long Duration Fund?
Bandhan Asset Management Company Limited
Address: One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai – 400013
Website: https://bandhanmutual.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Bandhan Long Duration Fund NFO?
Guidance for Bandhan Long Duration Fund by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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