Bandhan Liquid Fund§
Liquidity Bucket
An open ended liquid scheme. A Scheme with Relatively Low Interest Rate
Risk and Relatively Low Credit Risk.(Formerly known as IDFC Liquid Fund)
Bandhan Liquid Fund§ Liquidity Bucket
An open ended liquid scheme. A Scheme with Relatively Low Interest Rate
Risk and Relatively Low Credit Risk.(Formerly known as IDFC Liquid Fund)
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Category: Liquid
: ₹ 13,743.47 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.
: ₹ 14,622.43 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.
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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. Sreejith Balasubramanian will be managing overseas investment portion of the scheme.
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. | 0.21% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 46 Days |
| Average Maturity | 47 Days |
| Macaulay Duration | 47 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. | 6.98% |
| Total Expense Ratio | |
| Regular | 0.25% |
| Direct | 0.12% |
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).
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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 subscription | Exit 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% |
NAV (₹) as on August 31, 2023
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 2777.5826 |
| Regular Plan | IDCW@ | Daily | 1001.0846 |
| Regular Plan | IDCW@ | Weekly | 1002.2161 |
| Regular Plan | IDCW@ | Periodic | 1199.2112 |
| Regular Plan | IDCW@ | Monthly | 1000.5224 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
| Name | Rating | % of NAV |
| Commercial Paper | 41.85% | |
| Larsen & Toubro | A1+ | 10.20% |
| Small Industries Dev Bank of India | A1+ | 7.81% |
| Reliace Retail Ventures | A1+ | 4.09% |
| Bajaj Housing Finance | A1+ | 3.73% |
| Kotak Securities | A1+ | 3.39% |
| Bajaj Finance | A1+ | 3.20% |
| Tata Steel | A1+ | 1.71% |
| HDFC Securities | A1+ | 1.68% |
| NABARD | A1+ | 1.68% |
| HDFC Bank | A1+ | 1.48% |
| ICICI Securities | A1+ | 1.18% |
| Power Finance Corporation | A1+ | 0.85% |
| L&T Finance | A1+ | 0.84% |
| Treasury Bill | 20.06% | |
| 91 Days Tbill - 2023 | SOV | 19.45% |
| 364 Days Tbill - 2023 | SOV | 0.34% |
| 182 Days Tbill - 2023 | SOV | 0.27% |
| Certificate of Deposit | 19.21% | |
| Canara Bank | A1+ | 8.32% |
| Bank of Baroda | A1+ | 2.70% |
| HDFC Bank | A1+ | 2.69% |
| Indian Bank | A1+ | 1.35% |
| ICICI Bank | A1+ | 1.19% |
| Axis Bank | A1+ | 1.02% |
| The Federal Bank | A1+ | 0.85% |
| Kotak Mahindra Bank | A1+ | 0.58% |
| IndusInd Bank | A1+ | 0.34% |
| Small Industries Dev Bank of India | A1+ | 0.17% |
| Corporate Bond | 8.85% | |
| HDFC Bank | AAA | 2.94% |
| ICICI Bank | AAA | 2.29% |
| Reliance Industries | AAA | 1.20% |
| Axis Bank | AAA | 0.68% |
| Hindustan Petroleum Corporation | AAA | 0.68% |
| National Housing Bank | AAA | 0.51% |
| Kotak Mahindra Prime | AAA | 0.38% |
| L&T Finance | AAA | 0.17% |
| Zero Coupon Bond | 0.40% | |
| Bajaj Finance | AAA | 0.40% |
| Net Cash and Cash Equivalent | 9.63% | |
| Grand Total | 100.00% |
Performance based on NAV as on 31/08/2023. 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.
