Bandhan Banking & PSU Debt Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 24.2739   0.0202(0.083 %) NAV as on 06 Jan 2025
Prime Rating: 3 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 13,368.58
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:
0.33 %
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 Jan 2025)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.22 % 1.79 %3.99 % 7.91 % 6.31 %6.72 % 7.78 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.18% Government of India
Government Securities
12.75%
SOVEREIGN
7.17% Government of India
Government Securities
8.98%
SOVEREIGN
7.4% Indian Railway Finance Corporation Limited **
Corporate Debt
5.42%
CRISIL AAA
7.51% Indian Railway Finance Corporation Limited **
Corporate Debt
4.23%
CRISIL AAA
7.1% Government of India
Government Securities
4.12%
SOVEREIGN
7.57% National Bank For Agriculture and Rural Development **
Corporate Debt
3.7%
CRISIL AAA
Export Import Bank of India **
Commercial Paper
3.51%
CRISIL A1+
Kotak Mahindra Bank Limited **
Certificate of Deposit
3.14%
CRISIL A1+
Net Current Assets
Cash & Cash Equivalents and Net Assets
3%
Cash
7.7% Nuclear Power Corporation Of India Limited **
Corporate Debt
2.72%
ICRA 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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