February 15, 2024
mayank
Bandhan Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 2,889.0931
Weekly NAV IDCW: Rs 1,007.9463
Monthly NAV IDCW: Rs 1,010.0165
NAV IDCW: Rs 1,163.9481
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days.
Fund Manager:
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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details of Bandhan Liquid Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.75% |
| Benchmark | NIFTY Liquid Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 11,187 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.12% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | Average |
Trailing Returns (%) of Bandhan Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Liquid Dir | 0.89 | 0.02 | 0.59 | 1.82 | 3.59 | 7.22 | 5.28 | 5.16 | 5.70 | 6.48 |
| CCIL T Bill Liquidity Weight | 0.55 | 0.01 | 0.36 | 1.16 | 2.21 | 4.59 | 3.13 | 3.27 | 3.53 | 4.02 |
| Debt: Liquid | 0.88 | 0.02 | 0.59 | 1.80 | 3.56 | 7.14 | 5.25 | 5.20 | 5.74 | 6.50 |
| Rank within category | 16 | 5 | 12 | 20 | 13 | 10 | 18 | 25 | 23 | 23 |
| Number of funds in category | 36 | 37 | 36 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of Bandhan Liquid 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 Liquid Dir | 3 star | 7.22 | 5.28 | 5.16 | 0.12 | 11,187 | 6.75 | 0.01 (1) | 11Y 1M |
| ABSL Liquid Dir | 5 star | 7.28 | 5.34 | 5.33 | 0.21 | 38,638 | 6.88 | 0.01 (1) | 11Y 1M |
| Axis Liquid Dir | 4 star | 7.23 | 5.31 | 5.28 | 0.15 | 25,538 | 6.84 | 0.01 (1) | 11Y 1M |
| UTI Liquid Dir | 4 star | 7.22 | 5.31 | 5.27 | 0.18 | 22,272 | 6.81 | 0.01 (1) | 11Y 1M |
| Mirae Asset Liquid Dir | 4 star | 7.22 | 5.31 | 5.27 | 0.12 | 11,106 | 6.66 | 0.01 (1) | 11Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 68 | 60 |
| Macaulay Duration (yrs) | 0.15 | 0.13 |
| Average Maturity (yrs) | 0.15 | 0.12 |
| Yield to Maturity (%) | 7.48 | 7.32 |
| Avg Credit Rating | AAA | — |
How to Invest in Bandhan Liquid Fund?
Chanakya’s Mutual Fund Guidance For Bandhan Liquid Fund
Apply Online: https://bandhanmutual.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
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