3 Year return

5.11%
Launched on December 2015 (9 years)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹13808.94 Cr.

Expense Ratio

0.33% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

3
3
4

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

Bandhan Mutual Fund Managers

SC

Suyash Choudhary

Fund Manager since Apr 2022

View Details

Fund House Details

Bandhan Mutual Fund

Bandhan Mutual Fund Asset management company

AUM ₹137,354.53 Cr.
No. of Schemes 273
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bandhan Mutual Fund

List of mutual fund schemes by AMC

About IDFC Corporate Bond Fund Direct Growth

IDFC Corporate Bond Fund Direct Growth is a mutual fund managed by IDFC Mutual Fund. the IDFC Corporate Bond Fund falls under the "Debt - Corporate Bond" category. This category signifies that the fund predominantly invests in debt securities issued by corporations. The IDFC Corporate Bond Fund is an open-ended fund, allowing you to buy and redeem units on any business day. The expense ratio of the fund is lower than the category average. This means that the fund charges lower fees to investors, which can impact their returns over the long term.

Investment Objectives of the Scheme

The fund's primary objective is to generate income for investors by investing in a diversified portfolio of corporate debt securities. The fund manager focuses on maintaining a well-structured portfolio of high-quality corporate bonds, aiming to provide a stable income stream while managing credit risk.

Key Features of The Fund

5-year return 6.71%
Expense Ratio 0.33%
Fund Manager Suyash Choudhary
Fund Size ₹13808.94 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

This fund could be suitable for investors seeking regular income with relatively lower risk compared to equities. If you are looking for an investment option that offers consistent returns through interest income and are comfortable with moderate fluctuations in the portfolio value, the IDFC Corporate Bond Fund might align well with your investment strategy. It's relevant for investors who prioritize safety and income generation. Before making any investment decisions, carefully review the fund's investment approach, and associated risks, and fit within your financial goals.

AMC Contact Details

Name Bandhan Mutual Fund
Launch Date 13 March 2000
Addresss 6th Floor, Tower 1C, One World Center, Jupiter Mills Compound, 841 Senapati Bapat Marg, Mumbai - 400013
Contact 1-800-2666688/1-800-30066688/044-30463501 (for international calls)
Email investormf@bandhanamc.com
Website https://bandhanmutual.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Your Guide Map for Investing

Investing without setting a financial goal takes out the aspect of clarity for an investor. Once a goal is set such as purchasing that dream car, you need to determine the optimum SIP amount vis a vis to the number of years of investing. Angel One's SIP calculator can serve as a map to guide you to take the smoothest road to your goals by finding the optimum balance between the variables affecting the SIP.

FAQs

What is today's NAV of Bandhan Corporate Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bandhan Corporate Bond Fund Jun 14 2024 is 18.0831

What is the AUM of Bandhan Corporate Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bandhan Corporate Bond Fund is 13808.94 crore.

What is the expense ratio of Bandhan Corporate Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bandhan Corporate Bond Fund is 0.33%

What are the returns of Bandhan Corporate Bond Fund since inception?

The Bandhan Corporate Bond Fund was launched on Dec 28 2015. The fund has delivered a CAGR of 7.28 since inception.

What is the minimum SIP amount to invest in Bandhan Corporate Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bandhan Corporate Bond Fund is 100.

How do I invest in Bandhan Corporate Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bandhan Corporate Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bandhan Corporate Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bandhan Corporate Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.