January 15, 2026
mayank
Bandhan 10 year Constant Maturity Gilt Fund
NAV Growth: Rs 46.3819
Weekly NAV IDCW: Rs 18.1003
Quarterly NAV IDCW: Rs 12.0571
Suitable For Which Investors?
This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
Fund’s Investment Strategy:
The scheme seeks to generate optimal returns with high liquidity by investing in Government securities such that weighted average portfolio maturity of around 10 years.
Fund Manager:
1) Harshal Joshi
Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Bandhan 10 year Constant Maturity Gilt Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 9.19% |
| Benchmark | CRISIL 10-Year Gilt |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 342 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.14% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Bandhan 10 year Constant Maturity Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan 10 year Constant Maturity Gilt Dir | 5.07 | 0.18 | 3.17 | 4.87 | 6.26 | 12.93 | 8.91 | 6.83 | 8.84 | 8.68 |
| CCIL All Sovereign Bond – TRI | 4.48 | 0.17 | 2.70 | 4.48 | 5.38 | 12.53 | 9.41 | 7.31 | 8.46 | 8.24 |
| Debt: Gilt with 10 year Constant Duration | 4.76 | 0.16 | 2.94 | 4.57 | 6.01 | 12.46 | 8.77 | 6.73 | 8.33 | 8.31 |
| Rank within category | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 |
| Number of funds in category | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 |
Peer Comparison of Bandhan 10 year Constant Maturity Gilt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Bandhan 10 year Constant Maturity Gilt Dir | Unrated | 12.93 | 8.91 | 6.83 | 0.14 | 342 | 9.19 | — | 12Y 3M |
| ICICI Pru Constant Maturity Gilt Dir | Unrated | 12.63 | 8.76 | 7.16 | 0.23 | 2,537 | 9.08 | — | 10Y 7M |
| SBI Magnum Constant Maturity Dir | Unrated | 12.37 | 8.86 | 6.87 | 0.31 | 1,831 | 9.05 | — | 12Y 3M |
| SBI Nifty 10Y Benchmark G-Sec ETF | Unrated | 12.25 | 8.70 | 5.68 | 0.14 | 3,162 | 6.51 | — | 8Y 10M |
| ICICI Pru Nifty 10 yr Benchmark G-Sec ETF | Unrated | 12.21 | — | — | 0.14 | 553 | 9.05 | — | 2Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 6 | 5 |
| Macaulay Duration (yrs) | 7.42 | 7.03 |
| Average Maturity (yrs) | 10.49 | 9.74 |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Apply Online: https://bandhanmutual.com/mutual-funds OR
https://partners.bandhanmutual.com/partners OR https://partners.bandhanmutual.com/investor/quick-transact
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