January 31, 2025
mayank
Bandhan Fixed Maturity Plan-Series 209 (93 Days) 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 Fixed Maturity Plan-Series 209 (93 Days) Open Date, Close Date?
NFO opens on February 03, 2025
NFO will close on February 10, 2025
Investment Strategy for this NFO?
The scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the Series under the scheme.
Basic Details
| Fund House | Bandhan Mutual Fund |
| Issue Open | 03 February 2025 |
| Issue Close | 10 February 2025 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 93 |
| Riskometer | Low to Moderate |
| Benchmark | NIFTY Ultra Short Duration Debt Index A-I |
About Benchmark Index for this NFO?
The Nifty Fixed Income PRC (Potential Risk Class) Indices are based on SEBI guidelines on Potential Risk Class Matrix for debt schemes based on Interest Rate Risk and Credit Risk and have been prepared for various categories of MFs as per SEBI guidelines on ‘Categorization and Rationalization of Mutual Fund Schemes’ with respect to Macaulay’s Duration and Credit Rating range for each debt fund category. The indices are rebalanced on a monthly basis.
Index Characteristics
| Launch Date | April 04, 2022 |
| Base Date | September 03, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Daily – End of day |
| Index Rebalancing | Monthly |
Fund Managers of Bandhan Fixed Maturity Plan-Series 209 (93 Days)
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.
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 Fixed Maturity Plan-Series 209 (93 Days) by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Ultra Short Duration Debt Index A-I
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg. Maturity* | Avg. Modified Duration* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY Ultra Short Duration Debt Index A-I | 7.38 | 0.32 | 0.32 | 0.30 | 1.80 | 3.69 | 7.67 | 6.65 | 7.38 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Harshal Joshi
| Fund | Bandhan Arbitrage Fund | It’s Benchmark | Bandhan Equity Savings Fund | It’s Benchmark |
| 1 Year | 7.28 | 4.80 | 7.71 | 8.87 |
| 3 Year | 6.31 | 4.00 | 6.72 | 9.55 |
| 5 Year | 5.21 | 3.40 | 7.62 | 10.57 |
| 7 Year | 5.49 | 3.64 | 6.79 | 9.10 |
| 10 Year | 5.75 | 3.93 | 6.56 | 8.75 |
As on 31-1-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Bandhan Fixed Maturity-Series 209 (93 Days) NFO?
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