March 5, 2025
mayank
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Open Date, Close Date?
NFO opens on March 06, 2025
NFO will close on March 11, 2025
Investment Strategy for this NFO?
The scheme seeks to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors.
Basic Details
| Fund House | Bandhan Mutual Fund |
| Issue Open | 06 March 2025 |
| Issue Close | 11 March 2025 |
| Type | Open-ended |
| Category | Debt: Ultra Short Duration |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Low to Moderate |
| Benchmark | CRISIL-IBX Financial Services 3 to 6 Months Debt |
About Benchmark Index for this NFO?
“CRISIL-IBX Financial Services 3-6 Months Debt Index” is a constant maturity index that seeks to track the performance of Commercial Papers (CPs), Certificates of Deposit (CDs) & corporate bond securities maturing within 3 to 6 months from the date of inclusion in the index.
Inception date: 10-Dec-2024
Asset Allocation: 100% CPs, CDs & Bonds.
Index Duration: The index will have securities maturing in the 3 to 6 months maturity at inception and securities will be reviewed on a set frequency to maintain the steady maturity profile of the index.
Asset Allocation:
• The weights between asset classes (CPs, CDs and Bonds) are not fixed and could be different during various review periods based on the availability of securities in the market and may also drift due to price movements in the securities.
Eligibility criteria
1. Issuers in the financial services sector with long term conservative rating of AAA with a minimum amount outstanding of Rs. 1500 crores and having securities (CPs, CDs & Bonds) with residual maturity of 3 to 6 months.
2. Minimum security level amount outstanding of Rs. 100 crores.
3. Only listed issuers shall be included in the index. An issuer will be considered to be listed if at least one security (CPs or Bonds) of such issuer is listed as evaluated at the inception date of the index. CDs are not listed on the exchanges, and hence all CDs are considered eligible if they meet the remaining criteria.
Study about Benchmark Index in details (Page 114 to 115)
index-linked-products-methodology
SEBI Details Link-CRISIL-IBX Financial Services 3 to 6 Months Debt
Fund Managers of Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
1) Brijesh Shah
Education: Mr. Shah is a Post Graduate Diploma in Finance.
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.
2) 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.
AMC
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
Review for Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of CRISIL-IBX Financial Services 3 to 6 Months Debt
Investment objective:
The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors.
Benchmark (Total Return Index)
CRISIL-IBX Financial Services 3-6 Months Debt Index
The Scheme seeks to invest in the constituents of CRISIL-IBX Financial Services 3-6 Months Debt Index and similar securities in line with the para 3.5 of SEBI Master Circular on Mutual Funds dated June 27, 2024. Therefore, the composition of CRISIL-IBX Financial Services 3-6 Months Debt Index makes it most suited to compare the performance of the Scheme
Study about Benchmark Index in details (Page 114 to 115)
index-linked-products-methodology
SEBI Details Link-CRISIL-IBX Financial Services 3 to 6 Months Debt
Note on Benchmark Performance:
X
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Brijesh Shah
| Fund | Bandhan Overnight Fund | It’s Benchmark | Bandhan Money Manager Fund | It’s Benchmark |
| 1 Year | 6.67 | 4.76 | 7.69 | 4.76 |
| 3 Year | 6.21 | 4.07 | 6.86 | 4.07 |
| 5 Year | 4.97 | 3.41 | 5.90 | 3.41 |
| 7 Year | — | — | 6.29 | 3.63 |
| 10 Year | — | — | 6.78 | 3.92 |
As on 5-03-2025
Past Performance of Harshal Joshi
| Fund | Bandhan Equity Savings Fund | It’s Benchmark | Bandhan Arbitrage Fund | It’s Benchmark |
| 1 Year | 5.97 | 2.86 | 7.16 | 4.76 |
| 3 Year | 7.11 | 9.39 | 6.37 | 4.07 |
| 5 Year | 8.14 | 10.44 | 5.23 | 3.41 |
| 7 Year | 6.67 | 9.01 | 5.47 | 3.63 |
| 10 Year | 6.46 | 8.34 | 5.72 | 3.92 |
As on 5-03-2025
Note on Fund Managers’ performance
X
[ C ] Our NFO Review
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Is it good to invest in Bandhan CRISIL-IBX Financial Services 3-6 Months Debt NFO?
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