Bandhan Liquid Fund§ Liquidity Bucket

An open ended liquid scheme. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

31st May 2023

Bandhan Liquid Fund§ Liquidity Bucket

An open ended liquid scheme. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

31st May 2023

About the Fund: The Fund aims to invest in high quality debt and money market instruments with high liquidity and seeks to generate accrual income with low volatility.
Category: Liquid
Monthly Avg AUM : ₹ 11,509.95 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.

Monthly end AUM : ₹ 11,318.79 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.

Inception Date: 2 July 2001
Fund Manager :

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.

Mr. Harshal Joshi (w.e.f. 15th September 2015)
Mr. Brijesh Shah (w.e.f. 1st Dcember 2021)
Other Parameter:
Standard Deviation (Annualized)

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

0.30%
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

42 Days
Average Maturity 42 Days
Macaulay Duration 42 Days
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.

6.81%
Total Expense Ratio
Regular0.25%
Direct0.12%
Benchmark : NIFTY Liquid Index A-I (w.e.f. 1st April 2022)
SIP (Minimum Amount): ₹ 100/-
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 : ₹ 100/- and any amount thereafter
Option Available: Growth & IDCW@ Option - Daily (Reinvest), Weekly (Reinvest), Monthly (Payout, Reinvest and Sweep), Periodic (Payout, Reinvest and Sweep).
Exit Load* :

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.

Investor exit upon subscriptionExit load as a % of redemption proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000%
*With effect from October 20, 2019
NAV (₹) as on May 31, 2023
Plan Option Freq NAV
Regular Plan Growth - 2731.6878
Regular Plan IDCW@ Daily 1001.0846
Regular Plan IDCW@ Weekly 1001.9539
Regular Plan IDCW@ Periodic 1179.3847
Regular Plan IDCW@ Monthly 1000.5253
@Income Distribution and Capital Withdrawal
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.


NameRating% of NAV
Commercial Paper 48.69%
Small Industries Dev Bank of India A1+ 9.83%
NABARD A1+ 7.49%
Reliance Industries A1+ 6.62%
Bajaj Finance A1+ 5.49%
Reliace Retail Ventures A1+ 5.25%
Tata Capital Financial Services A1+ 4.36%
Larsen & Toubro A1+ 3.06%
L&T Finance A1+ 2.87%
HDFC Securities A1+ 2.62%
Kotak Securities A1+ 0.44%
HDFC A1+ 0.44%
M&M Financial Services A1+ 0.22%
Certificate of Deposit 22.89%
Axis Bank A1+ 6.25%
Punjab National Bank A1+ 6.10%
HDFC Bank A1+ 2.85%
Canara Bank A1+ 2.62%
Union Bank of India A1+ 2.21%
Indian Bank A1+ 2.21%
Bank of Baroda A1+ 0.44%
Small Industries Dev Bank of India A1+ 0.22%
Treasury Bill 21.54%
91 Days Tbill - 2023 SOV 19.26%
364 Days Tbill - 2023 SOV 1.36%
182 Days Tbill - 2023 SOV 0.92%
Corporate Bond 3.92%
Bajaj Finance AAA 1.54%
HDFC AAA 1.50%
Kotak Mahindra Prime AAA 0.44%
Bajaj Housing Finance AAA 0.44%
State Government Bond 0.75%
7.62% Tamil Nadu SDL - 2023 SOV 0.75%
Net Cash and Cash Equivalent 2.22%
Grand Total 100.00%




Performance based on NAV as on 31/05/2023. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data
*Inception Date of Regular Plan - Growth Jun 04, 2008.



Scheme risk-o-meter

Investors understand that their principal will be at Low to Moderate risk

This product is suitable for investors who are seeking*

  • To generate short term optimal returns with stability and high liquidity.
  • Investments in money market and debt instruments, with maturity up to 91 days.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Benchmark risk-o-meter

NIFTY Liquid Index A-I



§With effect from 13th March 2023, the name of "IDFC Cash Fund" has changed to "Bandhan Liquid Fund".
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.