Bandhan Banking & PSU Debt Fund-Reg(G)

View the direct plan of this scheme

Rs 23.0794   0.0028(0.012 %) NAV as on 06 Sep 2024
Prime Rating: 3.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 13,887.95
Fund category:
Banking and PSU Fund
Fund manager(s):
Suyash Choudhary, Gautam Kaul
Benchmark:
NIFTY Banking and PSU Debt Index
Minimum investment:
₹ 1000
Launch date:
07 Mar 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.63 %
Exit load:
NIL

Scheme Objective: The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings PSUs) and Public Financial Institutions (PFIs).


Performance (As on 06 Sep 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.15 % 2.11 %3.86 % 7.27 % 5.40 %6.43 % 7.54 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.18% Government of India
Government Securities
11.44%
SOVEREIGN
5.78% HDFC Bank Limited **
Corporate Debt
5.35%
CRISIL AAA
7.4% Indian Railway Finance Corporation Limited **
Corporate Debt
5.22%
CRISIL AAA
7.17% Government of India
Government Securities
4.2%
SOVEREIGN
7.51% Indian Railway Finance Corporation Limited **
Corporate Debt
4.07%
CRISIL AAA
7.59% National Housing Bank **
Corporate Debt
3.25%
CRISIL AAA
Net Current Assets
Cash & Cash Equivalents and Net Assets
3.21%
Cash
7.74% Hindustan Petroleum Corporation Limited **
Corporate Debt
3.13%
CRISIL AAA
7.7% HDFC Bank Limited **
Corporate Debt
2.87%
CRISIL AAA
7.6% REC Limited **
Corporate Debt
2.84%
CRISIL AAA

About this category

Banking and PSU debt funds invest in instruments issued by banks, such as bonds and certificate of deposits and debt papers of PSU companies. These funds make returns from the interest accrued on papers as well as price appreciation on the PSU bonds during downward rate cycles. Average maturities for these funds change based on interest rate cycles. These funds typically carry low credit risk as they restrict themselves to PSU companies and banks.

Suitability

These funds suit any investor with investment horizons above 3 years. Some funds may be riskier than others, so a check on portfolio will be prudent.

Taxation
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