Bandhan Gilt Fund - Direct Plan - Growth
The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities across maturities.
- Current NAV₹40.9040
- Fund Size (AUM)₹ 1,686 Cr.
- Expense Ratio0.56 %
- 1Y Return+7.01%
- 3Y Return (CAGR)+8.32%
- 5Y Return (CAGR)+6.39%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 100 / ₹ 1,000
More figures (11)
- Since Launch (CAGR)+8.58%
- Benchmark—
- Volatility (3Y)3.49 %
- Sharpe Ratio (3Y)0.52
- Beta (3Y)—
- 52-week High / Low₹41.3095 / ₹38.1180
- Max Drawdown-7.1 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersSuyash Choudhary, Brijesh Shah
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 6.4% a year.
- Volatility over 3 years was 3.5% a year, with a Sharpe ratio of 0.52.
- Its biggest fall from a peak was 7.1% (4 Jun 2013 to 19 Aug 2013).
- Across all 3-year periods since launch, yearly returns ranged from 3.5% to 14.0% and were positive 100% of the time.
- Expense ratio 0.56%, fund size ₹1,686 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 3.5% a year).
- Long track record of 13.8 years since 2 Jan 2013.
Cons
AI- Expense ratio of 0.56% is above the category median of 0.48%.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.01% | +0.29% | -0.20% | +3.84% | +6.55% | +7.01% | +5.51% | +8.32% | +6.39% | +7.11% | +7.64% | +8.58% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Gilt Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +6.55% | +4.37% | +11.30% | +7.41% | +1.99% | +2.69% | +14.38% | +13.85% | +8.49% | +3.69% | +14.60% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.3 | 0.7 | -0.3 | 1.3 | 1.0 | 4.3 | -1.3 | 0.2 | 0.3 | 0.1 | |||
| 2025 | 0.5 | -0.7 | 3.1 | 2.1 | 0.1 | -2.2 | 0.7 | -2.3 | 1.8 | 0.7 | 0.5 | 0.1 | 4.4 |
| 2024 | 1.9 | 1.7 | 1.0 | -1.4 | 2.4 | 1.5 | 0.6 | 1.2 | 1.8 | -0.5 | 0.1 | 0.4 | 11.3 |
| 2023 | 0.6 | -0.1 | 1.6 | 1.3 | 1.0 | -0.1 | 0.2 | 0.6 | 0.1 | -0.5 | 1.0 | 1.5 | 7.4 |
| 2022 | 0.1 | 0.6 | 0.5 | -1.2 | -1.4 | 0.4 | 1.3 | 0.6 | -0.6 | 0.3 | 1.2 | 0.4 | 2.0 |
| 2021 | -0.3 | -2.1 | 0.9 | 1.1 | 0.6 | 0.1 | 0.5 | 0.8 | 0.4 | 0.1 | 0.7 | 0.0 | 2.7 |
| 2020 | 0.3 | 2.8 | 1.2 | 2.0 | 2.3 | 1.2 | 1.4 | -2.0 | 1.3 | 2.0 | 0.6 | 0.7 | 14.4 |
| 2019 | -0.1 | -0.1 | 2.7 | -0.1 | 3.2 | 1.9 | 3.0 | 0.4 | -0.2 | 1.2 | 0.4 | 0.7 | 13.9 |
| 2018 | -0.6 | -0.7 | 2.2 | -0.6 | 0.2 | 0.3 | 1.2 | 0.1 | 0.3 | 1.6 | 2.0 | 2.2 | 8.5 |
| 2017 | 1.0 | -0.9 | 1.8 | 0.1 | 1.4 | 1.7 | 0.6 | 0.4 | -0.4 | -0.4 | -0.4 | -1.2 | 3.7 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 89 of 118 months shown (75%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 3.49% | 3.16% |
| Sharpe ratio ? | 0.52 | -0.03 |
| Sortino ratio ? | 0.76 | -0.05 |
| Maximum drawdown | -4.08% | -4.08% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 4 Jun 2013 | 19 Aug 2013 | -7.1% | 20 Jan 2014 | 5 months |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,24,733 | ₹4,733 | +7.37% |
| 3Y | ₹3,60,000 | ₹3,98,927 | ₹38,927 | +6.78% |
| 5Y | ₹6,00,000 | ₹7,18,184 | ₹1,18,184 | +7.12% |
| 10Y | ₹12,00,000 | ₹17,54,888 | ₹5,54,888 | +7.38% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Gilt Funds (29)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Gilt FundAditya Birla Sun Life Mutual Fund | ₹87.3659 | — | — | — | — | — | 0.49 | 1,175 | Moderate Risk |
| 2. | Axis Gilt FundAxis Mutual Fund | ₹28.2693 | — | — | — | — | — | 0.46 | 336 | Moderate Risk |
| 3. | Bajaj Finserv Gilt FundBajaj Finserv Mutual Fund | ₹1,075.13 | — | — | — | — | — | 0.47 | 26 | Low to Moderate Risk |
| 4. | Bandhan 10 year Constant Maturity Gilt FundBandhan Mutual Fund | ₹48.3634 | — | — | — | — | — | 0.26 | 285 | Moderate Risk |
| 5. | Bandhan Gilt FundBandhan Mutual Fund | ₹40.9040 | — | — | — | — | — | 0.56 | 1,686 | Moderate Risk |
| 6. | BARODA BNP PARIBAS GILT FUNDBaroda BNP Paribas Mutual Fund | ₹48.0024 | — | — | — | — | — | 0.14 | 515 | Moderate Risk |
| 7. | Canara Robeco Gilt FundCanara Robeco Mutual Fund | ₹82.7636 | — | — | — | — | — | 0.47 | 111 | Moderate Risk |
| 8. | DSP 10 year Constant Maturity Gilt FundDSP Mutual Fund | ₹22.5919 | — | — | — | — | — | 0.31 | 37 | Moderate Risk |
| 9. | DSP Gilt FundDSP Mutual Fund | ₹104.6523 | — | — | — | — | — | 0.59 | 1,083 | Moderate Risk |
| 10. | Edelweiss Gilt FundEdelweiss Mutual Fund | ₹26.3340 | — | — | — | — | — | 0.51 | 119 | Moderate Risk |
| 11. | Franklin India Gilt FundFranklin Templeton Mutual Fund | ₹67.4243 | — | — | — | — | — | 0.64 | 145 | Low to Moderate Risk |
| 12. | Groww Gilt FundGroww Mutual Fund | ₹10.0116 | — | — | — | — | — | — | — | — |
| 13. | HDFC Gilt FundHDFC Mutual Fund | ₹59.8445 | — | — | — | — | — | 0.46 | 1,885 | Moderate Risk |
| 14. | HSBC Gilt FundHSBC Mutual Fund | ₹76.9370 | — | — | — | — | — | 0.50 | 152 | Moderate Risk |
| 15. | ICICI Prudential 10 year Constant Maturity Gilt FundICICI Prudential Mutual Fund | ₹26.1097 | — | — | — | — | — | 0.29 | 1,935 | Moderate Risk |
| 16. | ICICI Prudential Gilt FundICICI Prudential Mutual Fund | ₹114.9133 | — | — | — | — | — | 0.58 | 9,118 | Low to Moderate Risk |
| 17. | Invesco India Gilt FundInvesco Mutual Fund | ₹3,182.48 | — | — | — | — | — | 0.47 | 105 | Moderate Risk |
| 18. | Kotak Gilt FundKotak Mahindra Mutual Fund | ₹110.5210 | — | — | — | — | — | 0.48 | 2,065 | Low to Moderate Risk |
| 19. | Kotak Gilt FundKotak Mahindra Mutual Fund | ₹113.1992 | — | — | — | — | — | — | — | — |
| 20. | LIC MF Gilt FundLIC Mutual Fund | ₹66.5272 | — | — | — | — | — | 0.70 | 44 | Moderate Risk |
| 21. | Nippon India Gilt FundNippon India Mutual Fund | ₹44.0302 | — | — | — | — | — | 0.52 | 1,487 | Moderate Risk |
| 22. | PGIM India Gilt FundPGIM India Mutual Fund | ₹33.1311 | — | — | — | — | — | 0.52 | 85 | Moderate Risk |
| 23. | quant Gilt Fundquant Mutual Fund | ₹12.4363 | — | — | — | — | — | 0.42 | 73 | Moderate Risk |
| 24. | SBI 10 YEAR CONSTANT MATURITY GILT FUNDSBI Mutual Fund | ₹67.9453 | — | — | — | — | — | 0.32 | 1,501 | Moderately High Risk |
| 25. | SBI GILT FUNDSBI Mutual Fund | ₹72.6091 | — | — | — | — | — | 0.50 | 8,067 | Moderate Risk |
| 26. | Tata Gilt FundTata Mutual Fund | ₹89.0749 | — | — | — | — | — | 0.30 | 769 | Moderate Risk |
| 27. | Union Gilt FundUnion Mutual Fund | ₹12.2677 | — | — | — | — | — | 0.65 | 75 | Moderate Risk |
| 28. | UTI - Gilt FundUTI Mutual Fund | ₹67.5580 | — | — | — | — | — | 0.69 | 415 | Moderate Risk |
| 29. | UTI 10 year Constant Maturity Gilt FundUTI Mutual Fund | ₹13.1145 | — | — | — | — | — | 0.31 | 105 | Very High Risk |
| Median: 29 schemes | — | — | — | — | — | — | 0.48 | 336 | — |
Detailed comparison with another fund About Gilt Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities across maturities.
- Fund managers
- Suyash Choudhary, Brijesh Shah
- Fund house
- Bandhan Mutual Fund
- Category
- Gilt Funds · Debt
- Plan / option
- Direct · Growth
- AMFI scheme code
- 118464
- ISIN
- INF194K01Q29
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Gilt Funds
Gilt Funds invest at least 80% in government securities, so credit risk is minimal, but prices move with interest rates.
Generally used by investors with a 3+ year horizon who understand interest-rate risk.
Other plans of this scheme
- Bandhan Gilt Fund - Regular Plan - Growth
- Bandhan Gilt Fund - Direct Plan - Annual IDCW
- Bandhan Gilt Fund - Direct Plan - Half Yearly IDCW
- Bandhan Gilt Fund - Direct Plan - IDCW
- Bandhan Gilt Fund - Direct Plan - Periodic IDCW
- Bandhan Gilt Fund - Direct Plan - Quarterly IDCW
- Bandhan Gilt Fund - Regular Plan - IDCW
- Bandhan Gilt Fund - Regular Plan - Periodic IDCW
Tax on your gains
Likely tax treatment: Debt-oriented fund ("specified mutual fund")
- Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
- No long-term rate or indexation benefit for these units.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Bandhan Mutual Fund
- Bandhan AMC’s Suyash Choudhary on RBI rate hikes, bond yields, and debt strategyLivemint · Yesterday
- Record SIP Inflows Signal Investor Resilience Amid Market Weakness, Say WhiteOak, Bandhan AMC CEOsNDTV Profit · 13 Oct
- India's Bandhan AMC minimizes bond duration, sees up to 100 bps of rate hikes, exec saysTradingView · 8 Oct
- Zaggle expects Zoyer platform to contribute up to 50% of revenue as Bandhan AMC deal expands SaaS businessCNBC TV18 · 28 Sep
- Markets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik KumarCNBC TV18 · 25 Sep
- Zaggle Prepaid Ocean Services Enters Commercial Agreement with Bandhan AMC for Zoyer PlatformEquityBulls · 18 Sep
- Bandhan Mutual Fund: Increases Mastek Stake to 5.05%InvestyWise · 18 Sep
- Zaggle Prepaid Ocean Services (NSE:ZAGGLE): What Does Its New Deal With Bandhan AMC Mean?Kalkine India · 18 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
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What returns has Bandhan Gilt Fund given?
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What are Gilt Funds?
How are gains from Bandhan Gilt Fund taxed?
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