Bandhan Overnight Fund - IDCW - Direct Plan

Item: Bandhan Overnight Fund - IDCW - Direct Plan
Rating: 5
Author: PersonalFN

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₹1000.9252 0.02 %Nav, as on 06-12-2023
Previous Nav
₹ 1000.741
Net Change on 06-12-2023
₹0.18
PersonalFN Rating
Category
Debt - Overnight Fund
Assets (Cr.)
₹ 1,744.40
Expense Ratio
0.06%
(As on Oct 31, 2023)

Fund Overview IDCW | Direct Plan

Fund House
Bandhan Mutual Fund
Launch Date
18-Jan-2019
Benchmark
Crisil 1 Yr T-Bill 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 (₹)
1173.12
52 Week Low Nav Date
06-Dec-2022
52 Week High Nav (₹)
1251.51
52 Week High Nav Date
06-Dec-2023

Fund Objective

The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty 1D Rate Index	0.56	1.70	6.72	4.84	4.78	4.97

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.)
SBI Overnight Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013	6.62	4.74	4.30	0.10	16,533.36
SBI Overnight Fund - Direct Plan - Weekly Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 10, 2013	6.62	4.74	4.30	0.10	16,533.36
ICICI Prudential Overnight Fund - Direct Plan - Daily IDCW	Nov 15, 2018	6.65	4.76	4.29	0.10	11,753.64
HDFC Overnight Fund - Daily IDCW Option - Direct Plan	Dec 31, 2012	6.61	4.72	4.26	0.10	9,863.94
ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Direct - Monthly Payout of IDCW	Nov 29, 2018	6.67	4.78	4.31	0.08	8,144.41

Fund Holdings as on 30-November-2023

Company % Assets
Reverse Repo
57.33
Triparty Repo
42.06
182 Days Tbill
1.43
182 Days Tbill
1.43
91 Days Tbill
0.57
Cash Margin - CCIL
0.03
Net Current Assets
-2.85

Sector Holding%
Miscellaneous
96.57

Fund Manager

Brijesh Shah

Education:PG-Diploma in Finance
Experience:10 Years
Basic Details:Mr. Shah is associated with IDFC AMC since August 2015 as part of the Fixed Income Team and will now be handling investments and fixed income fund management.Prior experience:1) IDBI Asset Management Ltd. - Dealing in Fixed income (Jan. 2013 to Aug. 2015)2) India Bulls Asset Management Ltd. - Dealing in Fixed income (Jun. 2011 to Dec. 2012)3) Mata Securities - Relationship Manager, Wholesale Debt Market (Jun. 2010 to Jun. 2011)4) Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan. 2009 to May 2010)
Funds Managed:
Bandhan Balanced Advantage Fund
Bandhan Liquid Fund
Bandhan Balanced Advantage Fund
Bandhan Money Manager Fund
Bandhan Overnight Fund
Bandhan Overnight Fund
Bandhan Balanced Advantage Fund
Bandhan Liquid Fund
Bandhan Money Manager Fund
Bandhan Overnight Fund
Bandhan US Treasury Bond 0-1 year Fund of Fund
Bandhan US Treasury Bond 0-1 year Fund of Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
02/12/2023
12.98
25/11/2023
12.95
18/11/2023
12.99
11/11/2023
12.93
04/11/2023
12.72
28/10/2023
12.87
21/10/2023
12.80
14/10/2023
12.80
07/10/2023
12.98
30/09/2023
13.21
23/09/2023
12.84
16/09/2023
12.79
09/09/2023
12.19
02/09/2023
12.79
26/08/2023
12.77
19/08/2023
12.42
12/08/2023
13.30
05/08/2023
12.12
29/07/2023
12.30
22/07/2023
12.03
15/07/2023
12.16
08/07/2023
12.34
01/07/2023
12.95
24/06/2023
12.32
17/06/2023
12.19
10/06/2023
12.10
03/06/2023
11.90
27/05/2023
12.01
20/05/2023
12.52
13/05/2023
14.67
05/05/2023
10.87
29/04/2023
12.82
22/04/2023
14.03
14/04/2023
12.10
07/04/2023
11.49
01/04/2023
12.63
25/03/2023
12.57
18/03/2023
12.06
11/03/2023
11.90
04/03/2023
12.28
25/02/2023
12.29
18/02/2023
12.12
11/02/2023
11.84
04/02/2023
11.90
28/01/2023
12.14
21/01/2023
11.59
14/01/2023
11.41
07/01/2023
11.72
31/12/2022
12.00
24/12/2022
12.10
17/12/2022
11.55
10/12/2022
10.86
03/12/2022
11.09
26/11/2022
11.43
19/11/2022
10.78
12/11/2022
10.91
05/11/2022
11.13
29/10/2022
11.66
22/10/2022
11.57
15/10/2022
11.53
08/10/2022
11.03
01/10/2022
10.65
24/09/2022
10.51
17/09/2022
9.92
10/09/2022
9.74
03/09/2022
10.06
27/08/2022
9.83
20/08/2022
9.82
13/08/2022
9.72
06/08/2022
8.90
30/07/2022
9.70
23/07/2022
9.23
16/07/2022
8.90
09/07/2022
8.91
02/07/2022
9.03
25/06/2022
8.71
18/06/2022
8.47
11/06/2022
8.18
04/06/2022
7.73
28/05/2022
7.83
21/05/2022
7.64
14/05/2022
7.75
07/05/2022
7.29
30/04/2022
7.10
23/04/2022
8.43
14/04/2022
5.06
01/04/2022
5.61
26/03/2022
7.41
18/03/2022
5.33
12/03/2022
6.48
05/03/2022
6.16
26/02/2022
6.27
19/02/2022
6.21
12/02/2022
6.28
05/02/2022
6.43
29/01/2022
7.36
22/01/2022
7.07
15/01/2022
6.14
08/01/2022
6.36
01/01/2022
6.38
25/12/2021
6.53
18/12/2021
6.46
11/12/2021
6.14
04/12/2021
6.40
27/11/2021
7.49
19/11/2021
5.48
13/11/2021
8.05
04/11/2021
4.55
30/10/2021
6.25
23/10/2021
7.34
15/10/2021
4.45
09/10/2021
5.75
02/10/2021
6.09
25/09/2021
6.16
18/09/2021
6.42
10/09/2021
5.11
04/09/2021
5.70
28/08/2021
5.77
21/08/2021
5.79
14/08/2021
6.11
07/08/2021
5.87
31/07/2021
6.54
24/07/2021
6.05
17/07/2021
6.25
10/07/2021
5.46
03/07/2021
5.56
26/06/2021
6.23
19/06/2021
6.16
12/06/2021
6.34
05/06/2021
6.31
29/05/2021
6.29
22/05/2021
6.17
15/05/2021
6.08
08/05/2021
5.99
01/05/2021
6.07
24/04/2021
6.04
17/04/2021
6.19
10/04/2021
7.49
01/04/2021
4.39
27/03/2021
6.11
20/03/2021
6.09
13/03/2021
6.11
06/03/2021
6.34
27/02/2021
5.97
19/02/2021
4.43
13/02/2021
5.94
06/02/2021
6.33
30/01/2021
6.00
23/01/2021
6.15
16/01/2021
5.77
09/01/2021
5.53
02/01/2021
6.78
25/12/2020
5.16
19/12/2020
6.08
12/12/2020
5.78
05/12/2020
5.43
28/11/2020
5.00
21/11/2020
4.95
14/11/2020
5.50
07/11/2020
6.46
30/10/2020
4.96
24/10/2020
5.77
17/10/2020
6.03
10/10/2020
6.94
02/10/2020
5.25
26/09/2020
6.10
19/09/2020
6.12
12/09/2020
5.96
05/09/2020
5.70
29/08/2020
5.68
22/08/2020
5.87
15/08/2020
6.35
08/08/2020
5.98
01/08/2020
5.98
25/07/2020
5.98
18/07/2020
5.93
11/07/2020
5.82
04/07/2020
5.40
27/06/2020
4.93
20/06/2020
5.52
13/06/2020
5.85
06/06/2020
5.91
30/05/2020
5.44
23/05/2020
5.77
16/05/2020
5.44
09/05/2020
7.41
01/05/2020
4.96
25/04/2020
6.08
18/04/2020
7.05
10/04/2020
3.58
04/04/2020
1.20
28/03/2020
3.49
21/03/2020
8.63
14/03/2020
9.30
07/03/2020
9.29
29/02/2020
10.77
21/02/2020
8.08
15/02/2020
9.38
08/02/2020
9.32
01/02/2020
9.45
25/01/2020
9.46
18/01/2020
9.41
11/01/2020
8.61
04/01/2020
8.65
28/12/2019
9.16
21/12/2019
9.19
14/12/2019
9.06
07/12/2019
9.02
30/11/2019
9.43
23/11/2019
9.45
16/11/2019
9.43
09/11/2019
9.44
02/11/2019
9.29
26/10/2019
9.37
19/10/2019
9.15
12/10/2019
9.32
05/10/2019
9.67
28/09/2019
10.14
21/09/2019
10.22
14/09/2019
10.01
07/09/2019
10.08
31/08/2019
10.01
24/08/2019
10.01
17/08/2019
10.29
10/08/2019
10.55
03/08/2019
10.68
27/07/2019
10.79
20/07/2019
10.72
13/07/2019
10.86
06/07/2019
10.83
29/06/2019
10.59
22/06/2019
10.73
15/06/2019
10.72
08/06/2019
10.93
01/06/2019
11.15
25/05/2019
11.49
18/05/2019
11.27
11/05/2019
11.14
27/04/2019
13.14
19/04/2019
9.60
13/04/2019
11.21
06/04/2019
13.98
30/03/2019
11.93
23/03/2019
11.76
16/03/2019
11.53
09/03/2019
11.80
02/03/2019
12.84
23/02/2019
12.22
16/02/2019
11.33
09/02/2019
12.92
02/02/2019
12.27
26/01/2019
14.06

Holding Type Holding %
Cash
96.57
SOVEREIGN
3.43

About Bandhan Overnight Fund

Scheme Analysis

Bandhan Overnight Fund is a Debt - Overnight Fund fund and belongs to Bandhan Mutual Fund. It was launched on 18-Jan-2019 and currently has an AUM of ₹1,744.40 crore. Bandhan Overnight Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty 1D Rate Index as secondary index.

The NAV of Bandhan Overnight Fund ended up ₹0.18(0.02%)yesterday to ₹1000.9252.

Among its top 3 holdings the fund has exposure to Reverse Repo, and

The Bandhan Overnight Fund is managed by Brijesh Shah .

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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