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

Formerly IDFC Banking & PSU Debt Reg Mn IDCW-P

Bandhan Mutual Funds

Bandhan Banking & PSU Debt Fund (PIDCW-M)

DebtBanking And Psu

10.72

NAV (Mar 27)

2%
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

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

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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

10.72

NAV (Mar 27)

Fund Returns

Last 1Y
-0.4%
Last 3Y
2%
Last 5Y
4.5%
Last 10Y
3.9%
Since Inception
4.2%
6 Month CAGR
0%

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 (11y ago)
Mar 18, 2013
AUM in Crores
14305.547
ISIN
Lock-in
No Lock-in
Benchmark
Nifty Banking & PSU Debt Idx A-II TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.9
Standard Deviation (5yr)
2.1
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-2.589
Sharpe Ratio (5yr)
-0.159
YTM
7.61
Fund Managers

Gautam Kaul

Fund Manager

Suyash Choudhary

Fund Manager

Anurag Mittal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Banking & PSU Debt Fund (PIDCW-M)70%8,15,934 83,3224.5%
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 2024-03-27

Top Debt Holdings

7.1% govt stock 2029

8.5%
8.5%

national bank for agriculture and rural development

7.7%
7.7%

indian railway finance corporation limited

5.2%
5.2%

hdfc bank limited

5.1%
5.1%

rural electrification corporation limited

4.5%
4.5%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 141,470 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

5.2%

5.2%

2.6%

2.7%

2.6%

2.7%

2.6%

2.7%

27.4%

17.4%

Bandhan Banking & PSU Debt Fund (PIDCW-M) Review

Bandhan Banking & PSU Debt Fund (PIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 4.2% over a period of 11 years. The fund was previously known as IDFC Banking & PSU Debt Reg Mn IDCW-P. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Anurag Mittal, Gautam Kaul, Suyash Choudhary.

Nav of Bandhan Banking & PSU Debt Fund (PIDCW-M) as of 3/27/2024 is ₹10.72 with the total AUM as of 3/28/2024 is ₹14305.547. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Banking & PSU Debt Fund (PIDCW-M) was launched on Mar 18, 2013. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Bandhan Banking & PSU Debt Fund (PIDCW-M) is ₹0 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 (PIDCW-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 (PIDCW-M) is rated as a 3 fund in Debt and delivered -0.4% 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 (PIDCW-M).

Frequently Asked Questions

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

Bandhan Banking & PSU Debt Fund (PIDCW-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 (PIDCW-M)?

You can invest in Bandhan Banking & PSU Debt Fund (PIDCW-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 (PIDCW-M)?

The minimum sip amount for Bandhan Banking & PSU Debt Fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.

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

As per Scripbox experts, Bandhan Banking & PSU Debt Fund (PIDCW-M) is a Neutral fund. You can investBandhan Banking & PSU Debt Fund (PIDCW-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 (PIDCW-M)?

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