- Mutual Funds
- Bandhan Mutual Funds
- Bandhan Overnight Fund Periodic (RIDCW-A)
Formerly IDFC Overnight Reg Prdic IDCW-R
Overnight 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.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
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
₹ 1165.203
NAV (Apr 17)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 0.2% |
6 Month CAGR | NA |
Scheme Information
The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.
Expense Ratio | 0.15 |
Launched (5y ago) | Apr 23, 2019 |
AUM in Crores | 1098.406 |
ISIN | INF194KB1405 |
Lock-in | No Lock-in |
Benchmark | Nifty 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.03 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bandhan Overnight Fund Periodic (RIDCW-A) | NaN | NaN | % | |
| 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
reverse repo
70.6%triparty repo
20.2%91 Days Treasury Bill 11-04-2024
3.6%91 Days Treasury Bill 04-04-2024
2.3%182 Days Treasury Bill 04-04-2024
1.4%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% | ||
26.4% | 17.4% |
Bandhan Overnight Fund Periodic (RIDCW-A) Review
Bandhan Overnight Fund Periodic (RIDCW-A) is a Overnight Debt fund and has delivered an annualised return of 0.2% over a period of 4 years. The fund was previously known as IDFC Overnight Reg Prdic IDCW-R. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Brijesh Shah, Sreejith Balasubramanian.
Nav of Bandhan Overnight Fund Periodic (RIDCW-A) as of 4/17/2024 is ₹1165.20 with the total AUM as of 4/18/2024 is ₹1098.406. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Overnight Fund Periodic (RIDCW-A) was launched on Apr 23, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for Bandhan Overnight Fund Periodic (RIDCW-A) 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 Overnight Fund Periodic (RIDCW-A) 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 1D Rate Index.
Bandhan Overnight Fund Periodic (RIDCW-A) is rated as a 3 fund in Debt and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Overnight Fund Periodic (RIDCW-A).
Frequently Asked Questions
What is Bandhan Overnight Fund Periodic (RIDCW-A)?
How to invest in Bandhan Overnight Fund Periodic (RIDCW-A)?
You can invest in Bandhan Overnight Fund Periodic (RIDCW-A) 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 Overnight Fund Periodic (RIDCW-A)?
The minimum sip amount for Bandhan Overnight Fund Periodic (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Bandhan Overnight Fund Periodic (RIDCW-A) good to invest in?
As per Scripbox experts, Bandhan Overnight Fund Periodic (RIDCW-A) is a Neutral fund. You can investBandhan Overnight Fund Periodic (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Bandhan Overnight Fund Periodic (RIDCW-A)?
The expense ratio of the Bandhan Overnight Fund Periodic (RIDCW-A) is 0.15% for regular plan.