Bandhan Liquid Fund§
Liquidity Bucket
An open ended liquid scheme with Relatively Low interest rate risk and
Relatively Low Credit Risk
Bandhan Liquid Fund§ Liquidity Bucket
An open ended liquid scheme with Relatively Low interest rate risk and
Relatively Low Credit Risk
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Category: Liquid
: ₹ 13,204.10 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.
: ₹ 11,186.87 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. Brijesh Shah (w.e.f. 1st December 2021).
^^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. | 0.18% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 37 Days |
| Average Maturity | 37 Days |
| Macaulay Duration | 37 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. | 7.47% |
| 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 January 31, 2024
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 2858.7566 |
| Regular Plan | IDCW@ | Daily | 1001.0846 |
| Regular Plan | IDCW@ | Weekly | 1002.2474 |
| Regular Plan | IDCW@ | Periodic | 1234.2580 |
| Regular Plan | IDCW@ | Monthly | 1000.5272 |
@@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 | 47.09% | |
| Bajaj Finance | A1+ | 12.24% |
| Reliace Retail Ventures | A1+ | 8.01% |
| NABARD | A1+ | 6.45% |
| Kotak Securities | A1+ | 3.99% |
| HDFC Securities | A1+ | 3.97% |
| Grasim Industries | A1+ | 2.22% |
| Godrej Consumer Products | A1+ | 2.21% |
| Small Industries Dev Bank of India | A1+ | 2.00% |
| Tata Capital Housing Finance | A1+ | 1.78% |
| ICICI Securities | A1+ | 1.56% |
| L&T Finance Holdings | A1+ | 1.56% |
| HDFC Bank | A1+ | 0.88% |
| M&M Financial Services | A1+ | 0.22% |
| Certificate of Deposit | 41.73% | |
| HDFC Bank | A1+ | 7.99% |
| Canara Bank | A1+ | 5.99% |
| Axis Bank | A1+ | 5.76% |
| Union Bank of India | A1+ | 3.55% |
| NABARD | A1+ | 3.50% |
| Punjab National Bank | A1+ | 3.33% |
| Small Industries Dev Bank of India | A1+ | 3.21% |
| IndusInd Bank | A1+ | 2.66% |
| Bank of Baroda | A1+ | 2.45% |
| Indian Bank | A1+ | 2.44% |
| Kotak Mahindra Bank | A1+ | 0.84% |
| Treasury Bill | 13.27% | |
| 91 Days Tbill - 2024 | SOV | 12.83% |
| 364 Days Tbill - 2024 | SOV | 0.45% |
| Corporate Bond | 5.09% | |
| NABARD | AAA | 2.23% |
| Kotak Mahindra Prime | AAA | 1.20% |
| REC | AAA | 0.80% |
| Indian Railway Finance Corporation | AAA | 0.63% |
| Tata Capital Housing Finance | AAA | 0.22% |
| State Government Bond | 0.45% | |
| 7.68% Chattisgarh SDL - 2024 | SOV | 0.45% |
| Corporate Debt Market Development Fund£ | 0.25% | |
| Corporate Debt Market Development Fund | 0.25% | |
| Net Cash and Cash Equivalent | -7.88% | |
| Grand Total | 100.00% |
£As per the requirement of regulation 43A of SEBI (Mutual Funds) Regulations, 1996, SEBI circular no. SEBI/HO/IMD/PoD2/P/CIR/2023/128 dated July 27, 2023 on framework for Corporate Debt Market Development Fund and SEBI circular no. SEBI/HO/IMD/PoD2 /P/CIR/2023/129 dated July 27, 2023 on investment by mutual fund schemes and Asset Management Companies (AMCs) in units of Corporate Debt Market Development Fund ("CDMDF"), specified open ended debt-oriented schemes of Bandhan Mutual Fund and Bandhan AMC Limited ('AMC') shall invest percentage of net assets in the units of the CDMDF.
Performance based on NAV as on 31/01/2024. 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.
