Bandhan Banking & PSU Debt Fund-Reg(G)
View the direct plan of this scheme
Rs 23.0941 0.0063(0.027 %) NAV as on 10 Sep 2024Scheme Objective: 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).
Performance (As on 10 Sep 2024)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | 0.14 % | 2.08 % | 3.86 % | 7.25 % | 5.42 % | 6.41 % | 7.54 % | >
Portfolio
Banking and PSU debt funds invest in instruments issued by banks, such as bonds and certificate of deposits and debt papers of PSU companies. These funds make returns from the interest accrued on papers as well as price appreciation on the PSU bonds during downward rate cycles. Average maturities for these funds change based on interest rate cycles. These funds typically carry low credit risk as they restrict themselves to PSU companies and banks.
These funds suit any investor with investment horizons above 3 years. Some funds may be riskier than others, so a check on portfolio will be prudent.