Bandhan Corporate Bond Fund**§ 
Core Bucket
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds with
Relatively High interest rate risk and Relatively Low Credit Risk
Bandhan Corporate Bond Fund**§ Core Bucket
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds with
Relatively High interest rate risk and Relatively Low Credit Risk
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Category: Corporate Bond
: ₹ 14,068.04 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.
: ₹ 14,022.82 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.
^^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. | 0.36% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 0.21 years |
| Average Maturity | 0.22 years |
| Macaulay Duration | 0.22 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. | 7.51% |
| Total Expense Ratio | |
| Regular | 0.62% |
| Direct | 0.32% |
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 : ₹ 1,000/- and any amount thereafter
Option Available: Growth & IDCW@ Option - Payout, Reinvestment & Sweep and Monthly, Quarterly, Half Yearly, Annual & Periodic.
:
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 December 29, 2023
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 17.0790 |
| Regular Plan | IDCW@ | - | N.A |
| Regular Plan | IDCW@ | Periodic | 11.5135 |
| Regular Plan | IDCW@ | Monthly | 10.5936 |
| Regular Plan | IDCW@ | Half Yearly | 10.9424 |
| Regular Plan | IDCW@ | Quarterly | 10.4475 |
| Regular Plan | IDCW@ | Annual | 10.6762 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
| Name | Rating | % of NAV |
| Corporate Bond | 70.52% | |
| National Housing Bank | AAA | 11.08% |
| NABARD | AAA | 9.76% |
| REC | AAA | 9.02% |
| HDFC Bank | AAA | 7.30% |
| Bajaj Housing Finance | AAA | 6.81% |
| Export Import Bank of India | AAA | 5.57% |
| Indian Railway Finance Corporation | AAA | 3.87% |
| Small Industries Dev Bank of India | AAA | 2.30% |
| NTPC | AAA | 2.05% |
| Larsen & Toubro | AAA | 1.96% |
| Hindustan Petroleum Corporation | AAA | 1.68% |
| Grasim Industries | AAA | 1.60% |
| Bajaj Finance | AAA | 1.53% |
| Oil & Natural Gas Corporation | AAA | 1.49% |
| Tata Capital Financial Services | AAA | 1.21% |
| UltraTech Cement | AAA | 0.89% |
| Kotak Mahindra Prime | AAA | 0.71% |
| Power Grid Corporation of India | AAA | 0.64% |
| Power Finance Corporation | AAA | 0.44% |
| ICICI Bank | AAA | 0.36% |
| NHPC | AAA | 0.17% |
| Reliance Industries | AAA | 0.11% |
| Commercial Paper | 8.79% | |
| HDFC Bank | A1+ | 3.33% |
| Bajaj Finance | A1+ | 2.11% |
| Kotak Mahindra Prime | A1+ | 1.77% |
| Export Import Bank of India | A1+ | 0.88% |
| Small Industries Dev Bank of India | A1+ | 0.70% |
| Treasury Bill | 7.21% | |
| 364 Days Tbill - 2024 | SOV | 7.21% |
| Certificate of Deposit | 5.74% | |
| State Bank of India | A1+ | 2.11% |
| Axis Bank | A1+ | 1.41% |
| Small Industries Dev Bank of India | A1+ | 0.99% |
| NABARD | A1+ | 0.70% |
| Export Import Bank of India | A1+ | 0.35% |
| Kotak Mahindra Bank | A1+ | 0.18% |
| State Government Bond | 2.65% | |
| 9.11% Maharashtra SDL - 2024 | SOV | 0.43% |
| 8.83% Maharashtra SDL - 2024 | SOV | 0.36% |
| 5.6% Haryana SDL - 2024 | SOV | 0.30% |
| 9.47% Haryana SDL - 2024 | SOV | 0.25% |
| 9.55% Karnataka SDL - 2024 | SOV | 0.25% |
| 9.63% Andhra Pradesh SDL - 2024 | SOV | 0.21% |
| 8.83% Tamilnadu SDL - 2024 | SOV | 0.14% |
| 9.48% Andhra Pradesh SDL - 2024 | SOV | 0.14% |
| 9.37% Gujarat SDL - 2024 | SOV | 0.14% |
| 9.45% Rahasthan SDL - 2024 | SOV | 0.11% |
| 8.96% Maharashtra SDL - 2024 | SOV | 0.07% |
| 9.47% Tamilnadu SDL - 2024 | SOV | 0.07% |
| 9.71% Haryana SDL - 2024 | SOV | 0.07% |
| 9.24% Haryana SDL - 2024 | SOV | 0.07% |
| 5.75% Tamilnadu SDL - 2025 | SOV | 0.02% |
| Zero Coupon Bond | 0.28% | |
| Kotak Mahindra Prime | AAA | 0.28% |
| Corporate Debt Market Development Fund£ | 0.28% | |
| Corporate Debt Market Development Fund | 0.28% | |
| Net Cash and Cash Equivalent | 4.53% | |
| 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 29/12/2023 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 Jan 12, 2016.
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 medium to long term optimal returns.
- Investments predominantly in high quality corporate bonds.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
Tier 1: NIFTY Corporate Bond Index B-III
Benchmark risk-o-meter
Tier 2: NIFTY AAA Short Duration Bond Index
**The scheme is currently following a 'roll down' investment approach on a tactical basis and thereby intends to be repositioned in March 2024.Till then, ordinarily the average maturity of the scheme's portfolio is unlikely to increase significantly and may be expected to generally reduce with the passage of time, subject to intermittent periods of volatility in the maturity profile owing to AUM movement and market conditions. The approach being followed is tactical in nature and would be subject to change depending on investment opportunities available without prior notice.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
§With effect from 13th March 2023, the name of "IDFC Corporate Bond Fund" has changed to "Bandhan Corporate Bond Fund".
