• Mutual Funds
  • Bandhan Mutual Funds
  • Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)

Formerly IDFC Banking & PSU Debt Reg Dl IDCW-R

Bandhan Mutual Funds

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)

DebtBanking And Psu

10.8788

NAV (Jun 21)

2.7%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

Invest in this fund
Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.8788

NAV (Jun 21)

Fund Returns

Last 1Y
6.6%
Last 3Y
5.2%
Last 5Y
6.7%
Last 10Y
7.3%
Since Inception
7.5%
6 Month CAGR
3.6%

Scheme Information

Investment 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).

Expense Ratio
0.63
Launched (10y ago)
Feb 17, 2014
AUM in Crores
14127.377
ISIN
INF194KA1JC5
Lock-in
No Lock-in
Benchmark
Nifty Banking & PSU Debt Idx A-II TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.1
Standard Deviation (5yr)
1.7
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-2.309
Sharpe Ratio (5yr)
-0.132
YTM
7.57
Fund Managers

Gautam Kaul

Fund Manager

Sreejith Balasubramanian

Fund Manager

Suyash Choudhary

Fund Manager

Anurag Mittal

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)70%8,23,934 91,3224.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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 before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-21

Top Debt Holdings

national bank for agriculture and rural development

8.2%
8.2%

7.1% govt stock 2029

6.2%
6.2%

indian railway finance corporation limited

5.2%
5.2%

hdfc bank limited

5.2%
5.2%

7.17% govt stock 2030

4.8%
4.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 145,387 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 38 equity,214 debt and 27 hybrid funds.amc-img
phone-img022-66289999
Fund NameScripbox Opinion
Till Date CAGR

5.3%

5.5%

1.5%

2%

1.5%

2%

1.5%

2%

25%

17.9%

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) Review

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 5.4% over a period of 10 years. The fund was previously known as IDFC Banking & PSU Debt Reg Dl IDCW-R. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Anurag Mittal, Gautam Kaul, Sreejith Balasubramanian, Suyash Choudhary.

Nav of Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) as of 6/21/2024 is ₹10.88 with the total AUM as of 6/24/2024 is ₹14127.377. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) was launched on Feb 17, 2014. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Banking & PSU Debt Idx A-II TR INR.

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is rated as a 3 fund in Debt and delivered 0.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M).

Frequently Asked Questions

What is Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)?

Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is a Banking And Psu Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)?

You can invest in Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)?

The minimum sip amount for Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) good to invest in?

As per Scripbox experts, Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is a Neutral fund. You can investBandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)?

The expense ratio of the Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) is 0.63% for regular plan.