Bandhan Corporate Bond Fund - IDCW - Regular Plan

Item: Bandhan Corporate Bond Fund - IDCW - Regular Plan
Rating: 4
Author: PersonalFN

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₹10.5499 0.06 %Nav, as on 04-12-2023
Previous Nav
₹ 10.5441
Net Change on 04-12-2023
₹0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 14,107.55
Expense Ratio
0.61%
(As on Oct 31, 2023)

Fund Overview IDCW | Regular Plan

Fund House
Bandhan Mutual Fund
Launch Date
11-Apr-2016
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
1,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
200
52 Week Low Nav (₹)
15.53
52 Week Low Nav Date
07-Dec-2022
52 Week High Nav (₹)
16.58
52 Week High Nav Date
04-Dec-2023

Fund Objective

The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Bandhan Corporate Bond Fund - Regular Quarterly IDCW	6.33	6.31	6.73	4.27	5.99	5.95
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Bandhan Corporate Bond Fund - Regular Quarterly IDCW	Apr 11, 2016	6.73	4.27	5.99	0.61	14,140.26
HDFC Corporate Bond Fund - IDCW Option	Oct 22, 2014	6.87	4.72	7.29	0.60	26,808.64
HDFC Corporate Bond Fund - Quarterly IDCW Option	Jun 29, 2010	6.87	4.72	6.51	0.60	26,808.64
ICICI Prudential Corporate Bond Fund - Monthly IDCW	Jul 23, 2009	7.29	5.25	6.55	0.53	24,508.37
ICICI Prudential Corporate Bond Fund -Quarterly IDCW	Feb 17, 2012	7.29	5.27	6.58	0.53	24,508.37
Aditya Birla Sun Life Corporate Bond Fund -REGULAR - IDCW	Oct 11, 2013	6.87	4.99	6.53	0.50	17,861.53

Fund Holdings as on 30-November-2023

Company % Assets
7.28% HDFC Bank Limited **
7.25
5.84% Bajaj Housing Finance Limited
6.76
7.79% National Housing Bank **
5.64
364 Days Tbill
5.56
5.35% National Housing Bank **
4.66
8.25% Indian Railway Finance Corporation Limited **
3.62
5.14% National Bank For Agriculture and Rural Development **
3.39
Net Current Assets
3.29
5.74% REC Limited **
3.05
5.44% National Bank For Agriculture and Rural Development
3.00
5.2% Export Import Bank of India **
2.92
5.78% NTPC Limited **
2.22
6.99% REC Limited **
2.19
Bajaj Finance Limited **
2.09
State Bank of India **
2.08
7.69% National Bank For Agriculture and Rural Development **
2.07
5.4% Export Import Bank of India **
2.04
7.25% Larsen & Toubro Limited **
1.94
5.4% Small Industries Dev Bank of India **
1.94
5.79% REC Limited **
1.83
4.99% REC Limited **
1.76
Kotak Mahindra Prime Limited **
1.75
4.57% UltraTech Cement Limited **
1.73
HDFC Bank Limited **
1.73
7.6% Grasim Industries Limited **
1.59
7.99% HDFC Bank Limited **
1.52
8% Hindustan Petroleum Corporation Limited **
1.49
4.5% Oil & Natural Gas Corporation Limited **
1.48
5.53% National Bank For Agriculture and Rural Development
1.34
5.75% Bajaj Finance Limited **
1.34
7.42% Power Finance Corporation Limited **
1.26
6.1% Tata Capital Financial Services Limited **
1.20
7.77% National Housing Bank **
1.06
7.64% UltraTech Cement Limited **
0.88
HDFC Bank Limited **
0.87
364 Days Tbill
0.87
Triparty Repo
0.84
Small Industries Dev Bank of India **
0.69
364 Days Tbill
0.69
Small Industries Dev Bank of India **
0.53
5.27% National Bank For Agriculture and Rural Development **
0.46
Small Industries Dev Bank of India **
0.45
9.11% State Government Securities
0.43
8.83% State Government Securities
0.36
8.1% Power Finance Corporation Limited **
0.35
7.34% Power Grid Corporation of India Limited **
0.35
4.97% Small Industries Dev Bank of India **
0.35
Axis Bank Limited **
0.35
Export Import Bank of India **
0.35
Small Industries Dev Bank of India **
0.35
5.6% State Government Securities
0.30
Kotak Mahindra Prime Limited **
0.28
Corporate Debt Market Development Fund Class A2
0.27
9.47% State Government Securities
0.25
9.55% State Government Securities
0.25
9.63% State Government Securities
0.21
8.13% Power Grid Corporation of India Limited **
0.21
7.42% ICICI Bank Limited **
0.21
5.65% Bajaj Finance Limited **
0.18
5.55% Kotak Mahindra Prime Limited **
0.18
Axis Bank Limited **
0.17
9.25% ICICI Bank Limited **
0.14
8.83% State Government Securities
0.14
9.48% State Government Securities
0.14
9.37% State Government Securities
0.14
9% Reliance Industries Limited **
0.11
9.45% State Government Securities
0.11
9.25% Export Import Bank of India **
0.11
8.96% State Government Securities
0.07
8.39% Power Finance Corporation Limited **
0.07
9.47% State Government Securities
0.07
9.71% State Government Securities
0.07
9.24% State Government Securities
0.07
8.15% Export Import Bank of India **
0.05
8.65% Indian Railway Finance Corporation Limited **
0.05
8.2% Power Grid Corporation of India Limited **
0.04
7.93% Power Grid Corporation of India Limited **
0.04
7.68% Government of India
0.04
9.6% Export Import Bank of India **
0.02
5.75% State Government Securities
0.02
9.34% REC Limited **
0.02
8.8% Power Finance Corporation Limited **
0.01
Cash Margin - CCIL
0.00

Sector Holding%
Miscellaneous
73.81

Fund Manager

Suyash Choudhary

Education:BA (Hons) Economics from Delhi University, PGDM from IIM Calcutta
Experience:11 Years
Basic Details:Mr. Suyash Choudhary has an overall experience of over 11 years. He was previously designated as Head of Fund Management, Fixed Income at HSBC Asset Management (India) Pvt Ltd wherein he was responsible forinvestments of all fixed income funds. In his previous assignment at Standard Chartered Asset Management Co. Pvt. Ltd. he was designated as fund manager before which he started his career at Deutsche Bank in Mumbai.
Funds Managed:
Bandhan Banking & PSU Debt Fund
Bandhan Banking & PSU Debt Fund
Bandhan Bond Fund - Income Plan
Bandhan Bond Fund - Medium Term Plan
Bandhan Bond Fund - Short Term Plan
Bandhan Corporate Bond Fund
Bandhan Dynamic Bond Fund
Bandhan Floating Rate Fund
Bandhan Floating Rate Fund
Bandhan Government Securities Fund - Investment Plan
Bandhan Banking & PSU Debt Fund
Bandhan Bond Fund - Income Plan
Bandhan Bond Fund - Medium Term Plan
Bandhan Bond Fund - Short Term Plan
Bandhan Corporate Bond Fund
Bandhan Dynamic Bond Fund
Bandhan Floating Rate Fund
Bandhan Government Securities Fund - Investment Plan

Gautam Kaul

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
29/09/2023
1.51
03/07/2023
1.91
31/03/2023
1.36
30/12/2022
1.48
30/09/2022
0.27
29/03/2022
0.82
29/12/2021
0.67
29/09/2021
1.95
29/06/2021
1.74
28/12/2020
2.95
29/09/2020
1.24
29/06/2020
7.63
26/03/2020
0.89
27/12/2019
1.72
26/09/2019
2.27
26/06/2019
1.89
28/03/2019
2.23
28/12/2018
2.62
27/09/2018
1.30
27/06/2018
0.36
23/03/2018
1.23
22/12/2017
0.88
22/09/2017
1.90
23/03/2017
0.70
23/12/2016
2.30
23/09/2016
1.60

Holding Type Holding %
CARE A1+
2.02
CARE AAA
0.35
Cash
4.13
CRISIL A1+
4.35
CRISIL AAA
60.89
FITCH A1+
2.08
ICRA A1+
2.96
ICRA AAA
13.16
SOVEREIGN
9.79
Unrated
0.27

About Bandhan Corporate Bond Fund

Scheme Analysis

Bandhan Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to Bandhan Mutual Fund. It was launched on 11-Apr-2016 and currently has an AUM of ₹14,107.55 crore. Bandhan Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of Bandhan Corporate Bond Fund ended up ₹0.01(0.06%)yesterday to ₹10.5499.

Among its top 3 holdings the fund has exposure to 7.28% HDFC Bank Limited **, and

The Bandhan Corporate Bond Fund is managed by Suyash Choudhary and Gautam Kaul.

Fund House Contact

Address:

OneIndiaBulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 013

Phone Number: 022-66289999

Email Address: investormf@bandhanamc.com

Fax Number: 022-24215052

Website: https://bandhanmutual.com/

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