Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032...
NAV as of Aug 29, 2024
10.57-0.07%
(Earn upto 0.18% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Expense Ratio:
0.17%(0.18% Category
average)Fund Size:
Rs. 363.70 Cr(0.27% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index...
NAV as of Aug 29, 2024
10.57-0.07%
Expense Ratio:
0.17%
Fund Size:
Rs. 363.70 Cr
Fund Category:
Debt: Target Maturity
1. Current NAV: The Current Net Asset Value of the Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan as of Aug 29, 2024 is Rs 10.57 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 8.96% (1yr) and 8.78% (since launch). Whereas, Category returns for the same time duration are: 8.16% (1yr), 5.62% (3yr) and 0.0% (5yr).
3. Fund Size: The Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 363.7 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.17% for Direct plan as on Aug 13, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.04 2.72 4.62 8.58 - - Category Avg 0.75 2.40 4.22 8.09 5.62 - Rank within Category 7 24 19 22 - - No. of funds within Category 100 99 97 95 12 - - Loading...
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Direct-IDCW
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Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW Fund Details
Investment Objective - The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 90:10 SDL plus Gilt Index - April 2032 before expenses, subject to tracking errors.
Fund House | Bandhan Mutual Fund |
Launch Date | Nov 29, 2022 |
Benchmark | CRISIL IBX 90:10 SDL Plus Gilt Index - April 2032 |
Return Since Launch | 8.73% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 5.52 | 7.99 | 0.56 | 3.1761 |
Average Maturity(Yrs) | 7.45 | 12.92 | 0.61 | 4.0428 |
Yield to Maturity(%) | 7.35 | 7.8554 | 6.5821 | 7.1673 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 96.80 | 80.27 |
Low Risk | - | 16.40 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 3.20 | 3.33 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 13.26 | 35.61 |
CD | - | - |
T-Bills | - | 0.00 |
CP | - | - |
NCD & Bonds | - | 9.93 |
PTC | - | - |
Cash & Others | 86.74 | 54.45 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Andhra Pradesh State | Long-term Debt | Financial | SOV | 511.72 | 14.07 | - |
7.72% Haryana State 23/03/2032 | Long-term Debt | Others | SOV | 511.45 | 14.06 | 50,00,000 |
6.54% GOI 17/01/2032 | Long-term Debt | Sovereign | SOV | 434.77 | 11.95 | 44,50,000 |
Maharashtra State | Long-term Debt | Others | SOV | 430.21 | 11.83 | - |
7.73% Maharashtra State | Long-term Debt | Others | SOV | 286.98 | 7.89 | 28,00,000 |
Gujarat State | Long-term Debt | Construction | SOV | 234.28 | 6.44 | - |
7.3% Tamilnadu State 30/03/2032 | Long-term Debt | Others | SOV | 150.20 | 4.13 | 15,00,000 |
Karnataka State | Long-term Debt | Others | SOV | 115.79 | 3.18 | - |
Haryana State | Long-term Debt | Others | SOV | 102.18 | 2.81 | - |
Rajasthan State | Long-term Debt | Others | SOV | 99.03 | 2.72 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW 10.57 Unrated 363.70 1.13 8.76 - - Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund Direct - IDCW 11.31 Unrated 112.51 0.73 8.23 - - Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund Direct-IDCW 11.64 Unrated 4,292.71 0.72 8.12 - - Aditya Birla Sun Life CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct-IDCW 11.65 Unrated 413.19 0.74 8.32 - - Bandhan CRISIL IBX 90:10 SDL Plus Gilt-September 2027 Index Fund Direct-IDCW 10.46 Unrated 171.07 0.76 8.37 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Bandhan Mutual Fund News
Fund Manager
- G.K.Gautam KaulSince Nov 202212 schemes
- H.J.Harshal JoshiSince Nov 202214 schemes
Mr. Kaul is a B.Com (H) and MBA (Finance). Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
More Bandhan Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Bandhan Liquid Fund Direct Plan-Growth | 14,555.72 | 0.61 | 1.87 | 3.77 | 7.37 | 5.78 | |
Bandhan Banking & PSU Debt Fund Direct-Growth | 14,279.57 | 0.67 | 1.89 | 3.72 | 6.80 | 5.54 | |
Bandhan Corporate Bond Fund Direct-Growth | 13,808.94 | 0.70 | 1.88 | 3.62 | 7.08 | 5.23 | |
Bandhan Sterling Value Fund Direct Plan-Growth | 9,019.36 | 5.54 | 13.12 | 21.00 | 43.70 | 26.48 | |
Bandhan Bond Fund Short Term Plan Direct-Growth | 8,759.17 | 0.78 | 2.02 | 3.92 | 7.29 | 5.58 | |
Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct-Growth | 8,285.49 | 0.82 | 1.96 | 3.71 | 6.89 | 5.35 | |
Bandhan Flexi Cap Fund Direct-Growth | 6,979.84 | 5.32 | 13.55 | 17.00 | 36.44 | 18.30 | |
Bandhan ELSS Tax Saver Fund Direct Plan-Growth | 6,433.56 | 4.85 | 10.01 | 15.83 | 35.79 | 22.23 | |
Bandhan Arbitrage Fund Direct-Growth | 6,202.72 | 0.70 | 2.15 | 4.40 | 8.44 | 6.30 | |
Bandhan Small Cap Fund Direct-Growth | 5,165.54 | 6.16 | 22.17 | 25.72 | 71.78 | 29.71 |
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1. Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan is Open-ended Target Maturity Debt scheme which belongs to Bandhan Mutual Fund House.
2. The fund was launched on Nov 29, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 90:10 SDL plus Gilt Index - April 2032 before expenses, subject to tracking errors. "
2. It is benchmarked against CRISIL IBX 90:10 SDL Plus Gilt Index - April 2032.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan is 7.45 years and Duration is 5.52 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund Direct-IDCW
- Is it safe to invest in Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan comes under Moderate risk category.
- What is the category of Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan?Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan belongs to the Debt : Target Maturity category of funds.
- How Long should I Invest in Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan?The suggested investment horizon of investing into Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan?The Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund - Direct Plan is managed by Gautam Kaul (Since Nov 14, 2022) and Harshal Joshi (Since Nov 14, 2022).
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