BANDHAN Corporate Bond Fund
Bandhan Mutual Fund · Corporate Bond · Direct plan, growth option
NAV (₹), 1 Oct 2026
21.2173
1-day change
-0.01%
1Y return
5.5%
3Y CAGR
7.2%
5Y CAGR
6.1%
Max drawdown, 5Y
−1.6%
NAV history month-end NAV, ₹ · 13 Jan 2016 to 1 Oct 2026
Returns vs Corporate Bond median (21 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.2% | 0.1% |
| 3 months | 0.5% | 0.5% |
| 6 months | 3.3% | 3.1% |
| Year to date | 4.2% | 3.4% |
| 1 year | 5.5% | 4.8% |
| 3 years (CAGR) | 7.2% | 7.2% |
| 5 years (CAGR) | 6.1% | 6.2% |
| 7 years (CAGR) | 6.8% | 6.8% |
| 10 years (CAGR) | 7.0% | 7.2% |
| Since first NAV (CAGR) | 7.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.3% | 7.5% |
| 3Y rolling median | 7.4% | 7.5% |
| 3Y rolling worst | 4.6% | 5.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.8% | 7.1% |
| 5Y rolling worst | 5.8% | 6.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.5% | 1.6% |
| Sharpe ratio | 0.35 | 0.34 |
| Sortino ratio | 0.64 | 0.54 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −3.5% | −2.9% |
| Maximum drawdown, last 10Y | −3.5% | −2.7% |
| Maximum drawdown, last 5Y | −1.6% | −0.9% |
| Current drawdown | −0.1% | −0.2% |
| Recovery time of worst fall | 7 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.68% a year and the Direct plan's 0.36%, a gap of 0.32%; over the last 3 years the Direct plan returned 0.34 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹8,31,328.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 8 Sep 2026: TER increased from 0.34% to 0.36% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Gautam Kaul | Comanage | 1 Dec 2021 |
| Suyash Choudhary | Comanage | 28 Jul 2021 |
Objective: The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Stated asset allocation: Corporate bonds (including securitised debt) rated AA+/equivalent and above - 80% - 100%, Other Debt Securities (including securitised debt and Government Securities), Money Market Instruments and Units issued by InvITs, within which - 0% - 20%, Units issued by InvITs - 0% - 10%
Benchmark (tier 1): NIFTY Corporate Bond Index BIII
Minimum application: Rs.1000
Allotment date: 12 Jan 2016
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.36% | 0.34% |
| AUM, whole scheme (₹ crore) | 13,509 | 3,485 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.7% | 3.8% TRI |
| Return, 3 years (AMFI) | 7.2% | 6.3% TRI |
| Return, 5 years (AMFI) | 6.1% | 5.6% TRI |
| Month-ends above category median (3Y CAGR) | 14% | 52% median |
| Month-ends in category top quartile (3Y) | 1% | 19% median |
| 7Y rolling CAGR, median (monthly windows) | 7.0% | 7.5% median |
Official benchmark: NIFTY Corporate Bond Index A-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Corporate Bond Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.2% | n/a | – |
| 2025 | 7.7% | n/a | – |
| 2024 | 8.0% | n/a | – |
| 2023 | 7.1% | n/a | – |
| 2022 | 2.9% | n/a | – |
| 2021 | 4.0% | n/a | – |
| 2020 | 11.9% | n/a | – |
| 2019 | 8.8% | n/a | – |
| 2018 | 6.7% | n/a | – |
| 2017 | 6.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,637 | 5.7% |
| 3 years | ₹3,60,000 | ₹3,98,661 | 6.7% |
| 5 years | ₹6,00,000 | ₹7,12,179 | 6.8% |
| 10 years | ₹12,00,000 | ₹17,00,214 | 6.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Bandhan Mutual Fund
Category: Corporate Bond
Plan / option: Direct · Growth
AMFI scheme code: 135916
ISIN: INF194KA1M23
First NAV in MFIC data: 13 Jan 2016
History: 10.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| BANDHAN FLOATING INTEREST RATES FUND | Floater | 0.96 | 7.8% |
| Bajaj Finserv Banking and PSU Debt Fund | Banking & PSU | 0.96 | n/a |
| Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) | Banking & PSU | 0.96 | 7.0% |
| Tata Corporate Bond Fund | Corporate Bond | 0.96 | 7.2% |
| Invesco India Corporate Bond Fund | Corporate Bond | 0.95 | 7.1% |
| Invesco India Short Term Fund | Short Duration | 0.95 | 7.2% |
Questions about BANDHAN Corporate Bond Fund
- What is the latest NAV of BANDHAN Corporate Bond Fund?
- The NAV of the Direct plan (growth option) was ₹21.2173 on 1 Oct 2026, as published by AMFI.
- Which category is BANDHAN Corporate Bond Fund in?
- It is classified as Corporate Bond in AMFI's daily NAV file. MFIC compares it with 21 Corporate Bond schemes (Direct plans).
- What returns has BANDHAN Corporate Bond Fund delivered?
- Over one year the NAV changed by 5.5%. The 3-year CAGR is 7.2% (category median 7.2%) and the 5-year CAGR is 6.1% (category median 6.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.4%, the lowest was 4.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in BANDHAN Corporate Bond Fund's NAV?
- The largest peak-to-trough fall in its available history was 3.5%; within the last five years it was 1.6% (category median 0.9%).
- How volatile is BANDHAN Corporate Bond Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.5%, which is below the Corporate Bond category median of 1.6%.
- What would a monthly SIP in BANDHAN Corporate Bond Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,12,179 on 1 Oct 2026, an annualised return (XIRR) of 6.8%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of BANDHAN Corporate Bond Fund?
- The total expense ratio of the Direct plan is 0.36% a year, as disclosed to AMFI (median of Corporate Bond Direct plans: 0.34%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is BANDHAN Corporate Bond Fund?
- Assets under management of the whole scheme were ₹13,509 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of BANDHAN Corporate Bond Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of BANDHAN Corporate Bond Fund and how has it compared?
- Its official benchmark is the NIFTY Corporate Bond Index A-II. Over 3 years AMFI reports a return of 7.2% for this plan against 6.3% for the benchmark total return index; over 5 years 6.1% against 5.6%. Past performance does not indicate future results.
- How often has BANDHAN Corporate Bond Fund beaten its category?
- At 14% of the 93 month-ends compared over the last 10 years, its 3-year return was above the median of Corporate Bond schemes (Direct plans); it was in the top quarter at 1% of them. A typical scheme would show about 50%.
- Who manages BANDHAN Corporate Bond Fund?
- According to its Scheme Summary Document, BANDHAN Corporate Bond Fund is managed by Gautam Kaul (since 1 Dec 2021), Suyash Choudhary (since 28 Jul 2021).
- What is the minimum investment in BANDHAN Corporate Bond Fund?
- The minimum application amount is Rs.1000. SIP details: SIP Details: Rs.100 , STP Details: Rs.500 , SWP Details: Rs.200.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.5% and the Regular plan's by 5.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.