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Bandhan Bond Fund Short Term Plan Direct-Growth

Previously called: IDFC SSI ST Direct-G

NAV as of(Aug 11, 2023)

52.33 -0.08 % 1-D Change

7.79% p.a.

You get upto 0.47%extra returns

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ET Money Rank

ET Money Rank

12

Out of 20

Consistency of returns

star 3.5 Average

Protection from volatility

star 2.0 Poor
fund-trend Recent trend

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ET Money's Fund Report Card - Bandhan Bond Fund Short Term Plan

ET Money Rank

12

Out of 23

ranking
Performance Quality info

Gooddrop-arrow

Generated returns consistently

3/5

Increased returns for each unit of additional risk info

2/5

Downside Protection info

Poordrop-arrow

Controlled losses during market corrections

2/5

Delivered returns without frequent ups and downs

2/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

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This fund vs
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Scheme Details

VRO Rating1
Expense ratio0.3% As on Jun 30, 2023
Exit Load0%
AUM (Fund Size) 8,880 Crs
Lock-inNo Lockin
Age10 yrs 7 m Since Jan 01, 2013
BenchmarkNIFTY Short Duration Debt Index A-II
Min. Investment

SIP 1000 &

Lumpsum 5000

About Bandhan Bond Fund Short Term Plan

Bandhan Bond Fund Short Term Plan Direct-Growth is a Short Duration mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 10 yrs 7 m, having been launched on 01/01/2013. Bandhan Bond Fund Short Term Plan Direct-Growth has ₹8,880 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.3%, which is close to what most other Short Duration funds charge.
  • Bandhan Bond Fund Short Term Plan Direct-Growth returns of last 1-year are 6.26%. Since launch, it has delivered 7.80% average annual returns. The fund has doubled the money invested in it every 10 yrs.
  • Bandhan Bond Fund Short Term Plan Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
  • The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
  • The fund's top holdings are in GOI, Small Industries Devp. Bank of India Ltd., Sundaram Finance Ltd., HDFC Bank Ltd., Housing Development Finance Corporation Ltd..
.....

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Investment Returns Calculator

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Profit

You would have earned ₹ 1,001 more by investing in ET Money Direct Plan

Total valueProfit
This fund
Category Average
Bank FD
Gold

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Jul 31, 2023
Top Stock Holdings

Bifurcation by Holding is not available for this fund

Allocation by Market Cap

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Allocation by Sector

Bifurcation by Sector is not available for this fund

Top Debt Holdings

GOI 70.59%

Small Industries Devp. Bank of India Ltd. 7.13%

Sundaram Finance Ltd. 1.7%

HDFC Bank Ltd. 1.07%

Allocation by Credit Quality

SOV 70.63%

A1+ 17.28%

AAA 9.68%

Cash & Call Money 2.4%

Allocation by Instruments

GOI Securities 70.59%

Commercial Paper 11.43%

Debenture 8.72%

Certificate of Deposit 6.92%

Other Holdings

Others 1.55%

Comparison with short duration Funds

as on Aug 14, 2023
Average
0.35%
0.23% p.a
This fund

Lowest
0.23%

Highest
0.49%
Pick time period to see return
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Trailing Returns and Ranks

as on Aug 14, 2023
PeriodTrailing returnsCategory average
1 month0.23%0.35%
3 months1.19%1.38%
6 months3.75%3.81%
1 year6.01%6.87%
3 years4.7%5.67%
5 years7.07%6.68%
10 years7.92%7.84%

Riskometer

Level of Risk in the Scheme

Moderate

Investors understand that their principal will be at Moderate risk

Bandhan Bond Fund Short Term Plan

DEBT SHORT DURATION

The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 years.

  • Std. Dev : 1.48
  • Alpha : 4.25
  • Beta : 2.5
  • Sharpe : 0.26
  • Sortino : 0.34
Bandhan Mutual Fund

Bandhan Mutual Fund

# SCHEMES

49

See all schemes

TOTAL AUM:

₹1,18,329 Crs

As on Jun 30, 2023

  • Address: No. 27, Ground Floor
    Khetan Bhavan,198, Jamshedji Tata Road,
    Churchgate,
    Mumbai, 400020

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Frequently Asked questions

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

How are the returns of Bandhan Bond Fund Short Term Plan ?

The Bandhan Bond Fund Short Term Plan is a 10 yrs 7 m old fund and has delivered average annual returns of 7.79% since inception.

Bandhan Bond Fund Short Term Plan Returns

1-Year3-Year5-Year10-YearSince Inception
6.01%4.7%7.07%7.92%7.79%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Bandhan Bond Fund Short Term Plan for Aug 11, 2023 is 52.33.

Bandhan Bond Fund Short Term Plan has an ET Money Rank of # 12 of 23 and a consistency rating of 3.

This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.

On ET Money, Investing in Bandhan Bond Fund Short Term Plan is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Bandhan Bond Fund Short Term Plan is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Bandhan Bond Fund Short Term Plan is 0.3%. .

Redeeming your investments in Bandhan Bond Fund Short Term Plan is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bandhan Bond Fund Short Term Plan from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Bandhan Bond Fund Short Term Plan is ₹8,880 Crs.

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Bond Fund Short Term Plan allocation by credit quality is given below

Credit QualityPercentage of Portfolio
SOV70.63%
A1+17.28%
AAA9.68%

The top 3 debt holdings of Bandhan Bond Fund Short Term Plan are as follows

Holding NamePercentage of Portfolio
GOI70.59%
Small Industries Devp. Bank of India Ltd.7.13%
Sundaram Finance Ltd.1.7%