Bandhan CRISIL IBX 90:10 SDL Plus Gilt - September 2027 Index Fund§
An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027 with Relatively High Interest Rate Risk and Relatively Low Credit Risk
30th June 2023
Bandhan CRISIL IBX 90:10 SDL Plus Gilt - September 2027 Index Fund§
An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027 with Relatively High Interest Rate Risk and Relatively Low Credit Risk
30th June 2023|
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Category: Index Fund
: ₹ 154.55 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 153.33 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
:
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Other Parameter:
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 3.34 years |
| Average Maturity | 4.01 years |
| Macaulay Duration | 3.46 years |
| Yield to Maturity
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity. | 7.34% |
| Expense Ratio | |
| Regular | 0.40% |
| Direct | 0.15% |
SIP (Minimum Amount): ₹ 100/- and in multiples of Re.1 thereafter
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly/Quarterly)@@: Investor may choose any day of the month except 29th, 30th and 31st as the date of installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 1,000/- and in multiples of Re. 1/- thereafter
Option Available: Growth & Income Distribution cum capital withdrawal Option (Payout, Reinvestment or Sweep facility).
:
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
NAV (₹) as on June 30, 2023
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 10.4575 |
| Regular Plan | IDCW@ | - | 10.4576 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
| Name | Rating | % of NAV |
| State Government Bond | 79.25% | |
| 7.33% Maharashtra SDL - 2027 | SOV | 18.95% |
| 7.28% Madhya Pradesh SDL - 2027 | SOV | 13.04% |
| 7.2% Maharashtra SDL - 2027 | SOV | 13.01% |
| 7.18% Tamilnadu SDL - 2027 | SOV | 10.92% |
| 7.25% Gujarat SDL - 2027 | SOV | 6.52% |
| 6.2% Rajasthan SDL - 2027 | SOV | 6.28% |
| 7.27% Tamilnadu SDL - 2027 | SOV | 3.91% |
| 7.21% Tamilnadu SDL - 2027 | SOV | 3.25% |
| 8.49% Andhra Pradesh SDL - 2027 | SOV | 2.96% |
| 7.47% Chhattisgarh SDL - 2027 | SOV | 0.40% |
| Government Bond | 16.35% | |
| 7.38% - 2027 G-Sec | SOV | 16.35% |
| Net Cash and Cash Equivalent | 4.40% | |
| Grand Total | 100.00% |
Note: Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1
year. However, such returns may not be representative. Absolute return of the Scheme for the 6 month period is 4.05%.
Other parameters relating to performance and SIP are not disclosed as the fund has not completed 1 year.
"Where the scheme has been in existence for less than six months past performance shall not be provided. Further, if the scheme has
been in existence for more than six months but less than one year, then simple annualized growth rate of the scheme for the past 6
months from the last day of month-end preceding the date of advertisement shall be provided."
Click here for other funds managed by the fund manager and refer to the respective fund pages
Scheme risk-o-meter
Investors understand that their principal will be at Moderate risk
This product is suitable for investors who are seeking*
- Income over the target maturity period.
- Investment in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
CRISIL IBX 90:10 SDL plus Gilt Index - September 2027
Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.
§With effect from 13th March 2023, the name of "IDFC CRISIL IBX 90:10 SDL Plus Gilt- September 2027 Index Fund" has changed to "Bandhan CRISIL IBX 90:10 SDL Plus Gilt- September 2027 Index Fund".
