Bandhan Long Duration Fund (NFO) is an open-ended long duration debt fund launched by Bandhan Mutual Fund. The NFO opened today on March 5, 2024 and closing on Monday, March 18, 2024. It aims to invest in a diversified set of debt and money market securities with a maturity of over 7 years to generate optimal returns over the long term. The fund comes with no entry load and exit load, and the minimum investment amount is Rs. 1,000 and in multiples of Rs. 1 thereafter. However, there is no guarantee that the investment objective of the scheme will be achieved.
To generate income/capital appreciation through investments in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Bandhan Long Duration Fund’s NFO is suitable for investors who are seeking long term wealth creation and to generate income and capital appreciation through investments in debt and money market instruments
Risk-o-meter: Bandhan Long Duration Fund Scheme – Moderate, Benchmark –Moderate.
Potential Risk Class: It’s a relatively high interest rate risk and relatively low credit risk scheme (A – III).
| Investments | Indicative Allocation | Risk Profile |
| Debt & Money market
instruments |
0 – 100% | Low – Medium |
Bandhan Long Duration Fund will benchmark against the NIFTY Long Duration Debt Index- A-III
Mr. Gautam Kaul Senior (Fund Manager – Fixed Income), Age: 44 Years, Educational Qualification: B. com, MBA.
Mr. Sreejith Balasubramanian (Vice President – Fixed Income), Age: 39 years, Educational Qualification: B.E. Mechanical and MBA.
A Long Duration Fund is a type of debt mutual fund that primarily invests in government and corporate bonds with maturities exceeding seven years. These funds aim to generate returns through both interest income earned on the bonds and capital appreciation from the bonds’ value in the market.
Key Characteristics:
| Scheme Name | Launch Date | AUM (Crore) | Expense Ratio (%) | Returns as on – 04-03-2024 in % | ||||
| 2024 | 2023 | 2022 | 2021 | 2020 | ||||
| Bandhan Bond Income Reg Gr | 14-07-2000 | 493.60 | 1.99 | 2.19 | 5.96 | 0.61 | 1.24 | 11.78 |
| ICICI Pru Long Term Bond Gr | 09-07-1998 | 691.99 | 0.9 | 2.76 | 6.83 | 1.26 | 0.4 | 11.02 |
| ABSL Long Duration Fund Reg Gr | 05-08-2022 | 90.13 | 1.08 | 3.21 | 7.27 | – | – | – |
| Axis Long Duration Fund Reg Gr | 27-12-2022 | 193.58 | 0.71 | 3.75 | 7.15 | – | – | – |
| Nippon India Nivesh Lakshya Gr | 05-07-2018 | 6984.29 | 0.64 | 3.81 | 7.25 | 2.41 | 0.82 | 13.43 |
| UTI Long Duration Fund Reg Gr | 18-03-2023 | 71.97 | 1.51 | 4.21 | – | – | – | – |
| HDFC Long Duration Debt Fund Gr | 20-01-2023 | 1738.27 | 0.6 | 4.31 | – | – | – | – |
| SBI Long Duration Fund Reg Gr | 21-12-2022 | 1207.37 | 0.68 | 4.32 | 7.82 | – | – | – |
| Debt: Long Duration | – | – | – | 3.57 | 7.05 | 1.43 | 0.82 | 12.08 |
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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