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Bandhan Corp Bond Fund leads corporate-bond mutual funds in six-month returns; delivers 3.1% gain

indianstockmarketnews.comMutual FundsBandhan Corp Bond Fund leads corporate-bond mutual funds in six-month returns; delivers 3.1% gain

Bandhan Corp Bond Fund leads corporate-bond mutual funds in six-month returns; delivers 3.1% gain

Bandhan Corp Bond Fund delivered 3.1% returns over the last six months and 7.1% CAGR over three years, according to ACE MF data on June 22.

Among corporate-bond mutual funds that meet the screen used for this ranking, Bandhan Corp Bond Fund is at the top on six-month returns. The fund delivered 3.1 percent, ahead of ICICI Pru Corp Bond Fund at 2.8 percent and DSP Corp Bond Fund at 2.7 percent.

The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru Corp Bond Fund has the largest corpus at Rs 31,739.5 crore.

The lead does not change on a one-month basis either. Bandhan Corp Bond Fund also tops this shorter comparison with a return of 1.8 percent.

The lead does not change on a three-month basis either. Bandhan Corp Bond Fund also tops this shorter comparison with a return of 2.0 percent.

The three-year CAGR ranking gives a different reading. ICICI Pru Corp Bond Fund is ahead on this measure with a return of 7.5 percent.

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