Bandhan Overnight Fund Regular-IDCW Weekly

Bandhan Overnight Fund Regular-IDCW Weekly is a scheme launched by Bandhan Mutual Fund on January 18, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 899.4 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 1000. It charges an expense ratio of 0.15% for managing the portfolio.

• Investing Strategy:

  The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.

• Performance:

  Bandhan Overnight Fund Regular-IDCW Weekly trailing returns over different times are 0% (1 year), 0.02% (3 year) and 0.02% (5 year). The average annual return of this fund stands at 0.01%.