Bandhan Banking and PSU Fund - Regular Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

No of Debt Holding 69 (Category Avg - 60.90) | Modified Duration 2.28 Years (Category Avg - 2.97)| Yield to Maturity 6.49% (Category Avg - 6.68%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	25.04%	14.96%
CD	5.00%	5.58%
T-Bills	0.00%	0.04%
CP	0.00%	0.08%
NCD & Bonds	64.69%	72.98%
PTC	0.00%	0.96%

Category - Banking and PSU Fund

Security Type	% Weight	Category Average
Government Backed	25.04%	14.99%
Low Risk	69.69%	79.60%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Banking and PSU Fund

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			6936.65	5.35%	6.69 Cr
Bond - Govt of India	GOI	Other			6456.89	4.98%	6.55 Cr
Bond - National Housing Bank	NCD & Bonds	Financial institution	AAA	CRISIL	6226.55	4.80%	6.20 Cr
Bond - Govt of India	GOI	Other			6108.60	4.71%	6.08 Cr
Bond - Govt of India	GOI	Other			5667.49	4.37%	5.50 Cr
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	5297.53	4.09%	5.20 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	4928.24	3.80%	4.90 Cr
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	4364.27	3.37%	4.35 Cr
Bond - Nuclear Power Corporation of India Limited	NCD & Bonds	Power generation	LAAA	ICRA	4204.94	3.24%	4.10 Cr
Bond - National Thermal Power Corporation Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	3511.62	2.71%	3.50 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	3415.87	2.63%	3.40 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	3269.83	2.52%	3.25 Cr
Bond - Indian Oil Corporation Ltd.	NCD & Bonds	Refineries & marketing	AAA	CRISIL	3057.20	2.36%	2.98 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	3048.43	2.35%	3.00 Cr
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	3017.73	2.33%	3.00 Cr
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	2895.96	2.23%	2.90 Cr
Bond - Govt of India	GOI	Other			2849.24	2.20%	2.80 Cr
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	2556.24	1.97%	2.55 Cr
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	2518.40	1.94%	2.50 Cr
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	2307.21	1.78%	2.30 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	2295.30	1.77%	2.25 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	2259.59	1.74%	2.25 Cr
Bond - Govt of India	GOI	Other			2128.98	1.64%	2.05 Cr
Bond - Export Import Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	2009.45	1.55%	2.00 Cr
Bond - Hindustan Petroleum Corporation Ltd.	NCD & Bonds	Refineries & marketing	AAA	CRISIL	1952.76	1.51%	1.90 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	1811.49	1.40%	1.80 Cr
Bond - Govt of India	GOI	Other			1819.69	1.40%	1.85 Cr
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	1695.42	1.31%	1.75 Cr
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	1575.41	1.22%	1.55 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1527.79	1.18%	1.50 Cr
Bond - ICICI Bank Ltd.	NCD & Bonds	Private sector bank	LAAA	ICRA	1487.38	1.15%	1.50 Cr
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1451.38	1.12%	1.50 Cr
Bond - National Housing Bank	NCD & Bonds	Financial institution	AAA	CRISIL	1118.59	0.86%	1.10 Cr
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	1012.43	0.78%	1.00 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	997.81	0.77%	1.00 Cr
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	952.78	0.73%	1.00 Cr
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	952.62	0.73%	1.00 Cr
Bond - Power Grid Corporation of India Ltd.	NCD & Bonds	Power - transmission	AAA	CRISIL	789.72	0.61%	75.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	763.80	0.59%	75.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	757.69	0.58%	75.00 L
Bond - Power Grid Corporation of India Ltd.	NCD & Bonds	Power - transmission	AAA	CRISIL	593.44	0.46%	56.50 L
Bond - NHPC Ltd.	NCD & Bonds	Power generation	CARE AAA	CARE	524.00	0.40%	50.00 L
Bond - National Highways Authority of India	NCD & Bonds	Road assets–toll, annuity, hybrid-annuity	AAA	CRISIL	513.14	0.40%	50.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	511.70	0.39%	50.00 L
Bond - Hindustan Petroleum Corporation Ltd.	NCD & Bonds	Refineries & marketing	AAA	CRISIL	510.60	0.39%	50.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	509.08	0.39%	50.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	508.88	0.39%	50.00 L
Bond - ICICI Bank Ltd.	NCD & Bonds	Private sector bank	LAAA	ICRA	505.13	0.39%	50.00 L
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	504.29	0.39%	50.00 L
Bond - National Thermal Power Corporation Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	503.99	0.39%	50.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	503.97	0.39%	50.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	502.01	0.39%	50.00 L
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	491.81	0.38%	50.00 L
Bond - Govt of India	GOI	Other			493.38	0.38%	50.00 L
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	480.63	0.37%	50.00 L
Bond - Kotak Mahindra Bank Ltd.	CD	Private sector bank	P1+	CRISIL	473.11	0.36%	50.00 L
Bond - National Highways Authority of India	NCD & Bonds	Road assets–toll, annuity, hybrid-annuity	AAA	CRISIL	315.70	0.24%	30.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	257.24	0.20%	25.00 L
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	256.24	0.20%	25.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	256.21	0.20%	25.00 L
Bond - National Thermal Power Corporation Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	255.79	0.20%	25.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	253.99	0.20%	25.00 L
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	252.00	0.19%	25.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	249.06	0.19%	25.00 L
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	247.87	0.19%	25.00 L
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	153.60	0.12%	15.00 L
Bond - Nuclear Power Corporation of India Limited	NCD & Bonds	Power generation	AAA	CRISIL	102.33	0.08%	10.00 L
Bond - NHPC Ltd.	NCD & Bonds	Power generation	CARE AAA	CARE	100.59	0.08%	10.00 L
Bond - Govt of India	GOI	Other			12.21	0.01%	1.20 L