- Mutual Funds
- Bandhan Mutual Funds
- Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)
Formerly IDFC Banking & PSU Debt Reg Mn IDCW-R
Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M)
₹ 10.7031
NAV (Apr 18)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.7031
NAV (Apr 18)
Fund Returns
Last 1Y | -0.3% |
Last 3Y | 1.9% |
Last 5Y | 4.5% |
Last 10Y | 3.8% |
Since Inception | 4.2% |
6 Month CAGR | 0.2% |
Scheme Information
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 | 14384.474 |
ISIN | INF194K017M2 |
Lock-in | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Idx A-II TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.8 |
Standard Deviation (5yr) | 1.9 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -3.064 |
Sharpe Ratio (5yr) | -0.343 |
YTM | 7.55 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Rnvmt (RIDCW-M) | 8,15,934 | 83,322 | 4.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
national bank for agriculture and rural development
8.4%7.1% govt stock 2029
6.9%7.17% govt stock 2030
5.6%indian railway finance corporation limited
5.2%hdfc bank limited
5.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Bandhan Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.2% | ||
1.4% | 1.5% | ||
1.4% | 1.5% | ||
1.4% | 1.5% | ||
26.3% | 17.4% |
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 4.2% over a period of 11 years. The fund was previously known as IDFC Banking & PSU Debt Reg Mn IDCW-R. 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 Rnvmt (RIDCW-M) as of 4/18/2024 is ₹10.70 with the total AUM as of 4/19/2024 is ₹14384.474. 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 Mar 18, 2013. 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 -0.3% 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)?
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.