April 17, 2025
mayank
Bandhan Banking & PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 25.0063
NAV IDCW Yearly: Rs 12.1512
Quarterly NAV IDCW: Rs 11.0038
Monthly NAV IDCW: Rs 10.5527
NAV IDCW: Rs 13.1541
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
To achieve optimal returns by investing in money market and debt instruments issued by scheduled commercial banks.
Fund Manager:
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.
2) Suyash Choudhary
Education: Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.
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) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Bandhan Banking & PSU Debt Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 07-Mar-13 |
| Return Since Launch | 7.86% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 13,397 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.33% |
| (As on 31-Mar-2025) | |
| Risk Grade | Below Average |
| Return Grade | Average |
Trailing Returns (%) of Bandhan Banking & PSU Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Banking & PSU Debt Dir | 3.15 | 0.06 | 1.74 | 2.87 | 4.50 | 9.05 | 7.06 | 6.92 | 7.70 | 7.57 |
| CCIL T Bill Liquidity Weight | 1.65 | 0.03 | 0.61 | 1.37 | 2.47 | 5.07 | 4.25 | 3.47 | 3.69 | 3.94 |
| Debt: Banking and PSU | 3.34 | 0.09 | 2.04 | 3.08 | 4.59 | 9.40 | 7.34 | 6.98 | 7.36 | 7.61 |
| Rank within category | 19 | 16 | 19 | 18 | 16 | 17 | 15 | 9 | 4 | 9 |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 16 | 15 | 12 |
Peer Comparison of Bandhan Banking & PSU Debt 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 Banking & PSU Debt Dir | 4 star | 9.05 | 7.06 | 6.92 | 0.33 | 13,397 | 7.86 | — | 12Y 1M |
| Axis Banking & PSU Debt Dir | 4 star | 9.03 | 7.03 | 6.75 | 0.35 | 12,961 | 7.90 | — | 12Y 3M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 9.31 | 7.80 | 7.52 | 0.39 | 10,368 | 8.26 | — | 12Y 3M |
| ABSL Banking & PSU Debt Dir | 4 star | 9.56 | 7.39 | 7.23 | 0.39 | 8,588 | 8.53 | — | 12Y 3M |
| HDFC Banking and PSU Debt Dir | 4 star | 9.53 | 7.41 | 7.21 | 0.39 | 5,996 | 8.09 | — | 11Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 68 | 61 |
| Macaulay Duration (yrs) | 2.44 | 3.41 |
| Average Maturity (yrs) | 3.00 | 4.70 |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Bandhan Banking & PSU Debt Fund
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