February 13, 2024
mayank
Bandhan Bond Fund Short Term Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 54.3351
Yearly NAV IDCW: Rs 11.3764
NAV IDCW Quarterly: Rs 10.5564
Periodic NAV IDCW: Rs 19.6148
Suitable For Which Investors?
Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one 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. There have been instances when short duration funds have incurred losses.
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:
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 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 Short Term Plan
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.79% |
| Benchmark | NIFTY SD Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 8,554 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.31% |
| (As on 31-Jan-2024) | |
| Risk Grade | High |
| Return Grade | Average |
Trailing Returns (%) of Bandhan Bond Fund Short Term Plan
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Bond Short Term Dir | 0.93 | 0.04 | 0.61 | 2.31 | 3.83 | 7.65 | 5.31 | 6.93 | 6.92 | 7.74 |
| CCIL T Bill Liquidity Weight | 0.50 | -0.02 | 0.31 | 1.14 | 2.21 | 4.53 | 3.11 | 3.27 | 3.52 | 4.01 |
| Debt: Short Duration | 0.95 | 0.06 | 0.68 | 2.15 | 3.68 | 7.56 | 6.04 | 6.74 | 6.74 | 7.71 |
| Rank within category | 15 | 21 | 20 | 3 | 4 | 11 | 14 | 10 | 9 | 10 |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 24 | 21 | 21 | 18 | 18 |
Peer Comparison of Bandhan Bond Fund Short 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 Short Term Dir | 1 star | 7.65 | 5.31 | 6.93 | 0.31 | 8,554 | 7.79 | — | 11Y 1M |
| ICICI Pru Short Term Dir | 4 star | 8.28 | 6.41 | 7.98 | 0.45 | 18,691 | 8.52 | — | 11Y 1M |
| HDFC Short Term Debt Dir | 4 star | 7.92 | 5.81 | 7.43 | 0.37 | 14,373 | 8.03 | — | 11Y 1M |
| Axis Short Term Dir | 4 star | 7.71 | 5.76 | 7.44 | 0.34 | 7,541 | 8.13 | — | 11Y 1M |
| ABSL Short Term Dir | 4 star | 7.95 | 6.18 | 7.68 | 0.38 | 6,778 | 8.62 | — | 11Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 59 | 46 |
| Macaulay Duration (yrs) | 2.61 | 2.72 |
| Average Maturity (yrs) | 3.01 | 3.47 |
| Yield to Maturity (%) | 7.64 | 7.67 |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Bond Fund Short Term Plan?
Chanakya’s Mutual Fund Guidance For Bandhan Bond Fund Short Term Plan
Apply Online: https://bandhanmutual.com/mutual-funds
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