Fund Overview
Fund Size
₹12,792 Cr
Expense Ratio
0.12%
ISIN
INF194K01I60
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Bandhan Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 11 years, 9 months and 5 days, having been launched on 01-Jan-13.
As of 06-Oct-24, it has a Net Asset Value (NAV) of ₹3027.25, Assets Under Management (AUM) of 12792.36 Crores, and an expense ratio of 0.12%.
As of 06-Oct-24, it has a Net Asset Value (NAV) of ₹3027.25, Assets Under Management (AUM) of 12792.36 Crores, and an expense ratio of 0.12%.
- Bandhan Liquid Fund Direct Growth has given a CAGR return of 6.80% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.67% in cash & cash equivalents.
- You can start investing in Bandhan Liquid Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.47%
+6.04% (Cat Avg.)
3 Years
+6.19%
+5.36% (Cat Avg.)
5 Years
+5.27%
+4.41% (Cat Avg.)
10 Years
+6.38%
+5.20% (Cat Avg.)
Since Inception
+6.80%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2024
| Others | ₹12,792.36 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Current Assets | Cash | ₹-878.42 Cr | 8.46% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹592.94 Cr | 5.71% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹495.04 Cr | 4.77% |
| Reliance Jio Infocomm Limited | Cash - Commercial Paper | ₹494.74 Cr | 4.76% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹492.29 Cr | 4.74% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹468.88 Cr | 4.51% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹420.19 Cr | 4.05% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹395 Cr | 3.80% |
| Tata Capital Limited | Cash - Commercial Paper | ₹394.61 Cr | 3.80% |
| India (Republic of) | Bond - Short-term Government Bills | ₹339.39 Cr | 3.27% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹295.68 Cr | 2.85% |
| Ultratech Cement Ltd. | Cash - Commercial Paper | ₹295.33 Cr | 2.84% |
| 364 DTB 24102024 | Bond - Gov't/Treasury | ₹278.09 Cr | 2.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹248.58 Cr | 2.39% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹246.74 Cr | 2.38% |
| Mahindra & Mahindra Financial Services Ltd | Cash - Commercial Paper | ₹246.58 Cr | 2.37% |
| Canara Bank | Bond - Gov't Agency Debt | ₹246.11 Cr | 2.37% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹246 Cr | 2.37% |
| Larsen & Toubro Ltd. | Cash - Commercial Paper | ₹245.87 Cr | 2.37% |
| Cholamandalam Investment And Fin. Co. Ltd | Cash - Commercial Paper | ₹223.24 Cr | 2.15% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹198.82 Cr | 1.91% |
| Tata Motors Finance Solutions Limited | Cash - Commercial Paper | ₹198.13 Cr | 1.91% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹197.65 Cr | 1.90% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹197.64 Cr | 1.90% |
| Bank Of India | Cash - CD/Time Deposit | ₹197.41 Cr | 1.90% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹197.39 Cr | 1.90% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹196.91 Cr | 1.90% |
| Tata Steel Ltd. | Cash - Commercial Paper | ₹196.85 Cr | 1.90% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹196.8 Cr | 1.89% |
| Bank of Baroda | Bond - Corporate Bond | ₹196.79 Cr | 1.89% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹196.73 Cr | 1.89% |
| Grasim Industries Ltd. | Cash - Commercial Paper | ₹196.67 Cr | 1.89% |
| 364 DTB 07112024 | Bond - Gov't/Treasury | ₹178.33 Cr | 1.72% |
| India (Republic of) | Bond - Short-term Government Bills | ₹174.65 Cr | 1.68% |
| Rec Limited | Bond - Corporate Bond | ₹149.97 Cr | 1.44% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹148.73 Cr | 1.43% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹147.55 Cr | 1.42% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹124.88 Cr | 1.20% |
| Godrej Consumer Products Limited | Cash - Commercial Paper | ₹123.71 Cr | 1.19% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹123.17 Cr | 1.19% |
| Kotak Mahindra Prime Ltd. | Cash - Commercial Paper | ₹123.02 Cr | 1.18% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹109.99 Cr | 1.06% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹99.31 Cr | 0.96% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹98.88 Cr | 0.95% |
| Tata Motors Finance Solutions Limited | Cash - Commercial Paper | ₹98.68 Cr | 0.95% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹94.98 Cr | 0.91% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹74.98 Cr | 0.72% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹49.69 Cr | 0.48% |
| Ntpc Limited | Cash - Commercial Paper | ₹49.62 Cr | 0.48% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.6 Cr | 0.48% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹49.38 Cr | 0.48% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.19 Cr | 0.47% |
| Goi 22.10.2024 Gov | Bond - Gov't/Treasury | ₹35.37 Cr | 0.34% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹34.06 Cr | 0.33% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹24.94 Cr | 0.24% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹14.8 Cr | 0.14% |
| Triparty Repo Trp_170924 | Cash - Repurchase Agreement | ₹3.54 Cr | 0.03% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.44 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹6,043.93 Cr | 58.19% |
| Cash - CD/Time Deposit | ₹2,447.04 Cr | 23.56% |
| Bond - Gov't/Treasury | ₹1,099.53 Cr | 10.59% |
| Cash | ₹-878.42 Cr | 8.46% |
| Bond - Corporate Bond | ₹826.21 Cr | 7.95% |
| Bond - Short-term Government Bills | ₹563.64 Cr | 5.43% |
| Bond - Gov't Agency Debt | ₹246.11 Cr | 2.37% |
| Mutual Fund - Open End | ₹34.06 Cr | 0.33% |
| Cash - Repurchase Agreement | ₹3.54 Cr | 0.03% |
| Cash - Collateral | ₹1.44 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.21
Cat. avg.
-1.35
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.68
Higher the better
Fund Managers
Harshal Joshi
Since September 2015
BS
Brijesh Shah
Since December 2021
Additional Scheme Detailsas of 15th September 2024
ISIN | INF194K01I60 | Expense Ratio | 0.12% | Exit Load | No Charges | Fund Size | ₹12,792 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Liquid TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3568.45 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹70.50 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹794.39 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹794.39 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹359.09 Cr | 5.9% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11400.05 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹302.39 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹784.74 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹784.74 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹302.39 Cr | 7.2% |
About the AMC
Total AUM
₹1,55,853 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Bandhan Liquid Fund Direct Growth?
The NAV of Bandhan Liquid Fund Direct Growth, as of 06-Oct-2024, is ₹3027.25.
What are the returns of Bandhan Liquid Fund Direct Growth?
The fund has generated 7.47% over the last 1 year and 6.19% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bandhan Liquid Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.67% in cash and cash equivalents.
Who manages the Bandhan Liquid Fund Direct Growth?
The fund managers responsible for Bandhan Liquid Fund Direct Growth are:-
- Harshal Joshi
- Brijesh Shah
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.