How to Invest in Bandhan Ultra Short Term Fund Direct IDCW Daily?

You can easily invest in Bandhan Ultra Short Term Fund Direct IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bandhan Ultra Short Term Fund Direct IDCW Daily from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bandhan Ultra Short Term Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bandhan Ultra Short Term Fund Direct IDCW Daily provide?

The Bandhan Ultra Short Term Fund Direct IDCW Daily has been there from 18 Jul 2018 and the average annual returns provided by this fund is 7.23% since its inception.

How much expense ratio is charged by Bandhan Ultra Short Term Fund Direct IDCW Daily?

The term Expense Ratio used for Bandhan Ultra Short Term Fund Direct IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bandhan Ultra Short Term Fund Direct IDCW Daily is 0.25% as of 10 Dec 2023...

What is the AUM of Bandhan Ultra Short Term Fund Direct IDCW Daily?

The AUM, short for Assets Under Management of Bandhan Ultra Short Term Fund Direct IDCW Daily is ₹3,283.11Cr as of 10 Dec 2023.

How to Redeem Bandhan Ultra Short Term Fund Direct IDCW Daily?

If you want to sell your Bandhan Ultra Short Term Fund Direct IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bandhan Ultra Short Term Fund Direct IDCW Daily?

You can select either SIP or Lumpsum investment of Bandhan Ultra Short Term Fund Direct IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Bandhan Ultra Short Term Fund Direct IDCW Daily?

The NAV of Bandhan Ultra Short Term Fund Direct IDCW Daily is ₹10.04 as of 08 Dec 2023.

What is the PE and PB ratio of Bandhan Ultra Short Term Fund Direct IDCW Daily?

The PE ratio ratio of Bandhan Ultra Short Term Fund Direct IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Bandhan Ultra Short Term Fund Direct IDCW Daily - NAV, Mutual Fund Performance & Portfolio

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Bandhan Ultra Short Term Fund Direct IDCW Daily
Debt
Ultra Short Duration
Low to Moderate Risk
5.00%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 08 Dec 2023₹10.04
Min. SIP amountNot Supported
Rating2
Fund size₹3,283.11Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.2%5.0%5.9%6.0%
Category average6.7%4.8%5.3%NA
Rank with in category162010NA
Understand terms
Holdings (43)NameSectorInstrumentAssets
Small Industries Devp. Bank of India Ltd.
FinancialCP8.1%
Bank Of Baroda
FinancialCD6.0%
Canara Bank
FinancialCD5.2%
Axis Bank Ltd.
FinancialCD4.4%
National Housing Bank
FinancialDebenture4.0%
National Bank For Agriculture & Rural Development
FinancialNCD3.8%
National Bank For Agriculture & Rural Development
FinancialDebenture3.8%
HDFC Bank Ltd.
FinancialCD3.7%
REC Ltd.
FinancialDebenture3.3%
Bajaj Finance Ltd.
FinancialDebenture3.0%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
03 Dec 2023 - Present
0.25%
02 Dec 2023 - 03 Dec 2023
0.25%
01 Dec 2023 - 02 Dec 2023
0.25%
30 Nov 2023 - 01 Dec 2023
0.25%
29 Nov 2023 - 30 Nov 2023
0.25%
28 Nov 2023 - 29 Nov 2023
0.25%
27 Nov 2023 - 28 Nov 2023
0.25%
26 Nov 2023 - 27 Nov 2023
0.25%
25 Nov 2023 - 26 Nov 2023
0.25%
24 Nov 2023 - 25 Nov 2023
0.25%
23 Nov 2023 - 24 Nov 2023
0.25%
22 Nov 2023 - 23 Nov 2023
0.25%
21 Nov 2023 - 22 Nov 2023
0.25%
20 Nov 2023 - 21 Nov 2023
0.25%
19 Nov 2023 - 20 Nov 2023
0.25%
18 Nov 2023 - 19 Nov 2023
0.25%
17 Nov 2023 - 18 Nov 2023
0.25%
16 Nov 2023 - 17 Nov 2023
0.25%
15 Nov 2023 - 16 Nov 2023
0.25%
14 Nov 2023 - 15 Nov 2023
0.25%
13 Nov 2023 - 14 Nov 2023
0.25%
12 Nov 2023 - 13 Nov 2023
0.25%
11 Nov 2023 - 12 Nov 2023
0.25%
10 Nov 2023 - 11 Nov 2023
0.25%
09 Nov 2023 - 10 Nov 2023
0.25%
08 Nov 2023 - 09 Nov 2023
0.25%
07 Nov 2023 - 08 Nov 2023
0.25%
06 Nov 2023 - 07 Nov 2023
0.24%
05 Nov 2023 - 06 Nov 2023
0.24%
04 Nov 2023 - 05 Nov 2023
0.24%
03 Nov 2023 - 04 Nov 2023
0.24%
02 Nov 2023 - 03 Nov 2023
0.24%
01 Nov 2023 - 02 Nov 2023
0.24%
31 Oct 2023 - 01 Nov 2023
0.24%
30 Oct 2023 - 31 Oct 2023
0.24%
29 Oct 2023 - 30 Oct 2023
0.24%
28 Oct 2023 - 29 Oct 2023
0.24%
27 Oct 2023 - 28 Oct 2023
0.24%
26 Oct 2023 - 27 Oct 2023
0.24%
25 Oct 2023 - 26 Oct 2023
0.24%
24 Oct 2023 - 25 Oct 2023
0.24%
23 Oct 2023 - 24 Oct 2023
0.24%
22 Oct 2023 - 23 Oct 2023
0.24%
21 Oct 2023 - 22 Oct 2023
0.24%
20 Oct 2023 - 21 Oct 2023
0.24%
19 Oct 2023 - 20 Oct 2023
0.24%
18 Oct 2023 - 19 Oct 2023
0.24%
17 Oct 2023 - 18 Oct 2023
0.24%
16 Oct 2023 - 17 Oct 2023
0.24%
15 Oct 2023 - 16 Oct 2023
0.24%
14 Oct 2023 - 15 Oct 2023
0.24%
13 Oct 2023 - 14 Oct 2023
0.24%
12 Oct 2023 - 13 Oct 2023
0.24%
11 Oct 2023 - 12 Oct 2023
0.24%
10 Oct 2023 - 11 Oct 2023
0.24%
09 Oct 2023 - 10 Oct 2023
0.24%
08 Oct 2023 - 09 Oct 2023
0.24%
07 Oct 2023 - 08 Oct 2023
0.24%
06 Oct 2023 - 07 Oct 2023
0.24%
05 Oct 2023 - 06 Oct 2023
0.24%
04 Oct 2023 - 05 Oct 2023
0.24%
03 Oct 2023 - 04 Oct 2023
0.24%
02 Oct 2023 - 03 Oct 2023
0.24%
01 Oct 2023 - 02 Oct 2023
0.24%
30 Sep 2023 - 01 Oct 2023
0.24%
29 Sep 2023 - 30 Sep 2023
0.24%
28 Sep 2023 - 29 Sep 2023
0.24%
27 Sep 2023 - 28 Sep 2023
0.24%
26 Sep 2023 - 27 Sep 2023
0.24%
25 Sep 2023 - 26 Sep 2023
0.24%
24 Sep 2023 - 25 Sep 2023
0.24%
23 Sep 2023 - 24 Sep 2023
0.24%
22 Sep 2023 - 23 Sep 2023
0.24%
21 Sep 2023 - 22 Sep 2023
0.24%
20 Sep 2023 - 21 Sep 2023
0.24%
19 Sep 2023 - 20 Sep 2023
0.24%
18 Sep 2023 - 19 Sep 2023
0.24%
17 Sep 2023 - 18 Sep 2023
0.24%
16 Sep 2023 - 17 Sep 2023
0.24%
15 Sep 2023 - 16 Sep 2023
0.24%
14 Sep 2023 - 15 Sep 2023
0.24%
13 Sep 2023 - 14 Sep 2023
0.24%
12 Sep 2023 - 13 Sep 2023
0.24%
11 Sep 2023 - 12 Sep 2023
0.24%
10 Sep 2023 - 11 Sep 2023
0.24%
09 Sep 2023 - 10 Sep 2023
0.24%
08 Sep 2023 - 09 Sep 2023
0.24%
07 Sep 2023 - 08 Sep 2023
0.24%
06 Sep 2023 - 07 Sep 2023
0.24%
05 Sep 2023 - 06 Sep 2023
0.24%
04 Sep 2023 - 05 Sep 2023
0.24%
03 Sep 2023 - 04 Sep 2023
0.24%
02 Sep 2023 - 03 Sep 2023
0.24%
01 Sep 2023 - 02 Sep 2023
0.24%
31 Aug 2023 - 01 Sep 2023
0.24%
31 Jul 2023 - 31 Aug 2023
0.24%
30 Jun 2023 - 31 Jul 2023
0.24%
31 May 2023 - 30 Jun 2023
0.24%
30 Apr 2023 - 31 May 2023
0.24%
31 Mar 2023 - 30 Apr 2023
0.24%
28 Feb 2023 - 31 Mar 2023
0.24%
31 Jan 2023 - 28 Feb 2023
0.24%
31 Dec 2022 - 31 Jan 2023
0.24%
31 Dec 2022 - 31 Dec 2022
0.24%
31 Dec 2022 - 31 Dec 2022
0.24%
30 Nov 2022 - 31 Dec 2022
0.24%
30 Nov 2022 - 30 Nov 2022
0.24%
30 Nov 2022 - 30 Nov 2022
0.24%
31 Oct 2022 - 30 Nov 2022
0.24%
31 Oct 2022 - 31 Oct 2022
0.24%
31 Oct 2022 - 31 Oct 2022
0.24%
31 Oct 2022 - 31 Oct 2022
0.24%
30 Sep 2022 - 31 Oct 2022
0.24%
30 Sep 2022 - 30 Sep 2022
0.24%
30 Sep 2022 - 30 Sep 2022
0.24%
31 Aug 2022 - 30 Sep 2022
0.24%
31 Aug 2022 - 31 Aug 2022
0.24%
31 Jul 2022 - 31 Aug 2022
0.24%
31 Jul 2022 - 31 Jul 2022
0.24%
30 Jun 2022 - 31 Jul 2022
0.24%
30 Jun 2022 - 30 Jun 2022
0.24%
31 May 2022 - 30 Jun 2022
0.24%
31 May 2022 - 31 May 2022
0.24%
30 Apr 2022 - 31 May 2022
0.24%
30 Apr 2022 - 30 Apr 2022
0.24%
31 Mar 2022 - 30 Apr 2022
0.24%
31 Mar 2022 - 31 Mar 2022
0.24%
28 Feb 2022 - 31 Mar 2022
0.24%
28 Feb 2022 - 28 Feb 2022
0.24%
31 Jan 2022 - 28 Feb 2022
0.24%
31 Dec 2021 - 31 Jan 2022
0.24%
30 Nov 2021 - 31 Dec 2021
0.24%
31 Oct 2021 - 30 Nov 2021
0.24%
30 Sep 2021 - 31 Oct 2021
0.25%
31 Aug 2021 - 30 Sep 2021
0.26%
31 Jul 2021 - 31 Aug 2021
0.27%
30 Jun 2021 - 31 Jul 2021
0.27%
31 May 2021 - 30 Jun 2021
0.27%
30 Apr 2021 - 31 May 2021
0.27%
31 Mar 2021 - 30 Apr 2021
0.26%
28 Feb 2021 - 31 Mar 2021
0.26%
31 Jan 2021 - 28 Feb 2021
0.26%
31 Dec 2020 - 31 Jan 2021
0.26%
30 Nov 2020 - 31 Dec 2020
0.26%
31 Oct 2020 - 30 Nov 2020
0.26%
30 Sep 2020 - 31 Oct 2020
0.25%
31 Aug 2020 - 30 Sep 2020
0.26%
31 Jul 2020 - 31 Aug 2020
0.26%
30 Jun 2020 - 31 Jul 2020
0.26%
31 May 2020 - 30 Jun 2020
0.26%
30 Apr 2020 - 31 May 2020
0.26%
31 Mar 2020 - 30 Apr 2020
0.21%
29 Feb 2020 - 31 Mar 2020
0.20%
31 Jan 2020 - 29 Feb 2020
0.20%
31 Dec 2019 - 31 Jan 2020
0.20%
30 Nov 2019 - 31 Dec 2019
0.20%
31 Oct 2019 - 30 Nov 2019
0.20%
30 Sep 2019 - 31 Oct 2019
0.20%
31 Aug 2019 - 30 Sep 2019
0.20%
31 Jul 2019 - 31 Aug 2019
0.17%
30 Jun 2019 - 31 Jul 2019
0.17%
31 May 2019 - 30 Jun 2019
0.17%
30 Apr 2019 - 31 May 2019
0.15%
31 Mar 2019 - 30 Apr 2019
0.15%
28 Feb 2019 - 31 Mar 2019
0.15%
31 Jan 2019 - 28 Feb 2019
0.15%
31 Dec 2018 - 31 Jan 2019
0.09%
30 Nov 2018 - 31 Dec 2018
0.09%
31 Oct 2018 - 30 Nov 2018
0.09%
30 Sep 2018 - 31 Oct 2018
0.10%
31 Aug 2018 - 30 Sep 2018
0.10%
31 Jul 2018 - 31 Aug 2018
0.10%
Expense ratio, exit load and taxExpense ratio: 0.25%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementHarshal Joshi
Jul 2018 - Present
View details
Education
Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
Also manages these schemes
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IDFC Fixed Term Plan Series 140 Direct Growth
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Sreejith Balasubramanian
May 2023 - Present
View details
Education
Mr. Balasubramanian has done B.E in Mechanical and MBA in Finance from IBS Hyderabad (ICFAI University)
Experience
Prior to joinig Bandhan Mutual Fund (formerly IDFC Mutual Fund), he was associated with Cognizant Technology Solutions Ltd. as Research Manager
Also manages these schemes
Bandhan Liquid Fund Direct Plan Growth
Bandhan Low Duration Fund Direct Growth
Bandhan Money Manager Fund Direct Growth
Bandhan Government Securities Fund Constant Maturity Direct Growth
Bandhan Bond Fund Income Plan Direct Growth
Bandhan Bond Fund Medium Term Plan Direct Growth
Bandhan Bond Fund Short Term Plan Direct Growth
Bandhan Dynamic Bond Fund Direct Growth
Bandhan Government Securities Investment Plan Direct Growth
Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth
Bandhan Credit Risk Fund Direct Growth
Bandhan Ultra Short Term Fund Direct Growth
Bandhan Floating Rate Fund Direct Growth
Bandhan US Treasury Bond 0 1 year FoF Direct Growth
Fund house & investment objective
IDFC Mutual Fund
Rank (total assets)#9 in India
Total AUM₹1,22,101.48Cr
Date of Incorporation20 Dec 1999
 Bandhan Ultra Short Term Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Harshal Joshi is the Current Fund Manager of Bandhan Ultra Short Term Fund Direct IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹1,22,101 Cr and the Latest NAV as of 08 Dec 2023 is ₹10.04.
The Bandhan Ultra Short Term Fund Direct IDCW Daily is rated Low to Moderate risk.
;
Investment ObjectiveThe Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.
;
Fund benchmarkNIFTY Ultra Short Duration Debt Index A-I
Scheme Information Document(SID)
Fund house contact details
Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
E-mail
[email protected]
Website
www.idfcmf.com
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Bandhan Ultra Short Term Fund Direct IDCW Daily
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.2%	5.0%	5.9%	6.0%
Category average	6.7%	4.8%	5.3%	NA
Rank with in category	16	20	10	NA

Name	Sector	Instrument	Assets
Small Industries Devp. Bank of India Ltd.	Financial	CP	8.1%
Bank Of Baroda	Financial	CD	6.0%
Canara Bank	Financial	CD	5.2%
Axis Bank Ltd.	Financial	CD	4.4%
National Housing Bank	Financial	Debenture	4.0%
National Bank For Agriculture & Rural Development	Financial	NCD	3.8%
National Bank For Agriculture & Rural Development	Financial	Debenture	3.8%
HDFC Bank Ltd.	Financial	CD	3.7%
REC Ltd.	Financial	Debenture	3.3%
Bajaj Finance Ltd.	Financial	Debenture	3.0%

Rank (total assets)	#9 in India
Total AUM	₹1,22,101.48Cr

Date of Incorporation	20 Dec 1999

Fund benchmark	NIFTY Ultra Short Duration Debt Index A-I

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹3,283.11Cr

Bandhan Ultra Short Term Fund Direct IDCW Daily

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (43)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.25%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Harshal JoshiJul 2018 - PresentView details

Sreejith BalasubramanianMay 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Harshal Joshi
Jul 2018 - Present
View details

Sreejith Balasubramanian
May 2023 - Present
View details