April 21, 2025
mayank
Bandhan Low Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 38.9743
Weekly NAV IDCW: Rs 10.1146
Quarterly NAV IDCW: Rs 11.0721
NAV IDCW: Rs 12.7674
Suitable For Which Investors?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy:
The scheme aims to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.
Fund Manager:
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.
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) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Bandhan Low Duration Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.53% |
| Benchmark | NIFTY Low Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 5,531 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.34% |
| (As on 31-Mar-2025) | |
| Risk Grade | Above Average |
| Return Grade | Low |
Trailing Returns (%) of Bandhan Low Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Low Duration Dir | 2.71 | 0.03 | 1.21 | 2.39 | 4.08 | 8.04 | 6.95 | 6.11 | 6.62 | 7.08 |
| CCIL T Bill Liquidity Weight* | 1.75 | 0.10 | 0.75 | 1.44 | 2.54 | 5.17 | 4.28 | 3.45 | 3.70 | 3.95 |
| Debt: Low Duration* | 2.73 | 0.04 | 1.25 | 2.41 | 4.17 | 8.29 | 7.17 | 6.76 | 6.64 | 7.07 |
| Rank within category* | 15 | 18 | 16 | 15 | 19 | 20 | 19 | 19 | 12 | 12 |
| Number of funds in category* | 20 | 23 | 21 | 20 | 20 | 20 | 20 | 20 | 20 | 19 |
Peer Comparison of Bandhan Low Duration 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 Low Duration Dir | 2 star | 8.04 | 6.95 | 6.11 | 0.34 | 5,531 | 7.53 | — | 12Y 3M |
| SBI Magnum Low Duration Dir | 4 star | 8.26 | 7.15 | 6.31 | 0.43 | 14,392 | 7.48 | — | 12Y 3M |
| ABSL Low Duration Dir | 5 star | 8.32 | 7.37 | 6.83 | 0.42 | 11,919 | 8.02 | — | 12Y 3M |
| Axis Treasury Advantage Dir | 4 star | 8.35 | 7.24 | 6.51 | 0.34 | 5,830 | 7.74 | — | 12Y 3M |
| LIC MF Low Duration Dir | 4 star | 8.27 | 7.05 | 6.49 | 0.25 | 1,450 | 7.25 | — | 12Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 78 | 73 |
| Macaulay Duration (yrs) | 0.93 | 0.95 |
| Average Maturity (yrs) | 0.99 | 1.22 |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Bandhan Low Duration Fund
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