February 13, 2024
mayank
Bandhan Bond Fund Medium Term Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 44.3491
Quarterly NAV IDCW : Rs 11.2036
NAV IDCW Periodic: Rs 11.5789
Monthly NAV IDCW : Rs 10.4968
Suitable For Which Investors?
“Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy:
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years.
Fund Manager:
1) 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) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Bandhan Bond Fund Medium Term Plan
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.57% |
| Benchmark | NIFTY Medium Duration Debt Index A-III |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,611 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.77% |
| (As on 31-Jan-2024) | |
| Risk Grade | High |
| Return Grade | Below Average |
Trailing Returns (%) of Bandhan Bond Fund Medium Term Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Bond Medium Term Dir | 1.08 | 0.05 | 0.72 | 2.71 | 3.92 | 7.65 | 4.74 | 6.77 | 6.66 | 7.68 |
| VR Bond | 1.65 | 0.02 | 1.37 | 2.95 | 4.22 | 7.87 | 5.03 | 5.83 | 5.85 | 6.80 |
| Debt: Medium Duration | 1.11 | 0.07 | 0.84 | 2.38 | 3.78 | 7.88 | 6.47 | 6.28 | 6.76 | 8.16 |
| Rank within category | 7 | 15 | 14 | 2 | 4 | 12 | 14 | 8 | 8 | 5 |
| Number of funds in category | 16 | 16 | 16 | 16 | 16 | 16 | 15 | 13 | 12 | 7 |
Peer Comparison of Bandhan Bond Fund Medium Term Plan
| 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 Bond Medium Term Dir | 2 star | 7.65 | 4.74 | 6.77 | 0.77 | 1,611 | 7.57 | — | 11Y 1M |
| ICICI Pru Medium Term Bond Dir | 4 star | 8.02 | 6.64 | 8.03 | 0.74 | 6,409 | 8.47 | 1.00 (365) | 11Y 1M |
| Axis Strategic Bond Dir | 4 star | 8.56 | 6.60 | 7.56 | 0.35 | 1,944 | 8.58 | 1.00 (365) | 11Y 1M |
| ABSL Medium Term Dir | 5 star | 8.08 | 13.61 | 9.37 | 0.85 | 1,889 | 9.41 | 2.00 (365) | 11Y 1M |
| HSBC Medium Duration Dir | 4 star | 8.30 | 6.03 | 7.34 | 0.40 | 834 | 7.80 | — | 9Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 24 | 36 |
| Macaulay Duration (yrs) | 4.02 | 3.78 |
| Average Maturity (yrs) | 5.05 | 5.21 |
| Yield to Maturity (%) | 7.54 | 7.94 |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Bond Fund Medium Term Plan?
Chanakya’s Mutual Fund Guidance For Bandhan Bond Fund Medium Term Plan
Apply Online: https://bandhanmutual.com/mutual-funds
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-medium-term-plan/