Bandhan Banking and PSU Direct Daily IDCW: NAV Today, Performance Review and Should You Invest?
- July 28, 2026
- Posted by: Kunal Singla
- Category: News
Bandhan Banking and PSU Direct Daily IDCW NAV Rs 10.46. Category: Debt. 1Y return -0.18%. Risk: Moderate Risk.
Bandhan Banking and PSU Direct Daily IDCW is an open ended debt scheme that invests predominantly in debt instruments of banks, PSUs and public financial institutions, offered by Bandhan Mutual Fund. This review covers the latest NAV, historical returns, plan details and whether it fits your investment goals as an open ended debt scheme.
The scheme carries ISIN INF194KA1JD3 and is classified under Debt Scheme – Banking and PSU Fund. Read on for a full breakdown of Bandhan Banking and PSU Direct Daily IDCW NAV history and returns before you decide how it fits your portfolio.
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About Bandhan Banking and PSU Direct Daily IDCW
Bandhan Banking and PSU Direct Daily IDCW is offered by Bandhan Mutual Fund and has a track record of about 12.4 years. The scheme falls under the Debt Scheme – Banking and PSU Fund category as classified by AMFI.
This particular scheme code represents a Direct Plan, which is bought straight from the fund house without a distributor, so it usually carries a lower expense ratio than the Regular Plan of the same scheme, structured under a Daily IDCW option, where income is declared and distributed to unit holders on a daily basis. Investors evaluating Bandhan Banking and PSU Direct Daily IDCW should confirm they are selecting the correct plan and option combination that matches their needs before investing.
Bandhan Mutual Fund is registered with SEBI and, like every other fund house, reports scheme performance and portfolio holdings to AMFI on a regular basis. Every mutual fund scheme in India, regardless of the AMC that manages it, is governed by SEBI Mutual Fund Regulations, which set rules around disclosure, expense ratios and investor protection that fund houses must follow.
Bandhan Banking and PSU Direct Daily IDCW NAV and Performance
Bandhan Banking and PSU Direct Daily IDCW NAV currently stands at Rs 10.4575. The table below summarises its performance across available time periods, calculated using official historical NAV data.
| Metric | Value |
|---|---|
| Current NAV | Rs 10.4575 |
| 1 Year Return | -0.18% |
| 3 Year CAGR | -0.05% |
| 5 Year CAGR | -0.04% |
| Since Inception Cagr | +0.35% |
| Track Record | About 12.4 years |
| Category | Debt (Moderate Risk) |
Bandhan Banking and PSU Direct Daily IDCW returns shown above are point to point and computed from official historical NAV data. Returns for periods below 1 year are absolute, while 1 year and above are shown as CAGR (compounded annual growth rate).
Bandhan Banking and PSU Direct Daily IDCW: Plan and Option Explained
Bandhan Banking and PSU Direct Daily IDCW is structured as a Direct Plan. In India, every open ended mutual fund scheme typically offers both a Direct Plan and a Regular Plan. The Direct Plan is bought straight from the AMC without a distributor and carries a lower expense ratio, while the Regular Plan of the same underlying portfolio is bought through a distributor and carries a marginally higher expense ratio that compensates the distributor.
On the option side, Bandhan Banking and PSU Direct Daily IDCW uses a Daily IDCW option, where income is declared and distributed to unit holders on a daily basis. Investors who want compounding without receiving cash payouts typically prefer Growth, while those who want periodic cash flow may prefer an IDCW or Dividend option, keeping in mind that payouts reduce the NAV to that extent.
Should You Invest in Bandhan Banking and PSU Direct Daily IDCW?
Whether Bandhan Banking and PSU Direct Daily IDCW suits you depends on your risk appetite, time horizon and financial goal. Suited to conservative debt investors seeking relatively better credit quality than a generic corporate bond fund. It sits in the Debt category, which is classified as Moderate Risk, so investors should size their allocation to this scheme according to how much volatility they can tolerate.
Investors considering Bandhan Banking and PSU Direct Daily IDCW should also compare it against other schemes in the same debt category using a screener, check the expense ratio and exit load in the latest factsheet, and align the investment horizon with the recommended holding period for this category before committing fresh money.
Compare Bandhan Banking and PSU Direct Daily IDCW Against Other Debt Funds on the Univest Screener
How to Invest in Bandhan Banking and PSU Direct Daily IDCW via Univest
To invest in Bandhan Banking and PSU Direct Daily IDCW, log in to your Univest account and complete your KYC if you have not already done so. Search for it by scheme name or AMC within the mutual fund section.
Decide between a lumpsum investment or a monthly SIP based on your cash flow, enter the amount, and confirm the order. You can track Bandhan Banking and PSU Direct Daily IDCW NAV and returns anytime from your Univest portfolio dashboard.
Download the Univest iOS App or Univest Android App to track Bandhan Banking and PSU Direct Daily IDCW NAV live and manage your mutual fund portfolio.
Risks of Investing in Bandhan Banking and PSU Direct Daily IDCW
- Interest rate risk depends on the average maturity the fund runs.
- Returns can vary with RBI policy and bond yield movement.
- Concentration in bank and PSU issuers means sector specific risk.
These risks apply broadly to the Debt category that Bandhan Banking and PSU Direct Daily IDCW belongs to. Always read the Scheme Information Document (SID) of this scheme for the complete, fund specific risk factors before investing.
Conclusion
Bandhan Banking and PSU Direct Daily IDCW is an open ended debt scheme that invests predominantly in debt instruments of banks, PSUs and public financial institutions. With a current NAV of Rs 10.4575 and a since inception CAGR of +0.35%, it has a track record investors can evaluate against their own goals. As with any debt investment, review the latest factsheet, expense ratio and exit load and consult your financial advisor to check suitability before investing. This article is for informational purposes as per SEBI RA INH000013776.
Disclaimer: Data and figures in this article are sourced from publicly available information including AMFI and fund house disclosures. These may or may not be accurate. Please verify all data with the official AMFI (amfiindia.com) website and the respective fund house before making any investment decision. Mutual fund investments are subject to market risk, read all scheme related documents carefully. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Bandhan Banking and PSU Direct Daily IDCW
What is the current NAV of Bandhan Banking and PSU Direct Daily IDCW?
Ans. Its latest available NAV is Rs 10.4575. NAV changes every business day based on the value of the securities the scheme holds.
What are the returns of Bandhan Banking and PSU Direct Daily IDCW?
Ans. It has delivered a 1 year return of -0.18%, a 3 year CAGR of -0.05% and a 5 year CAGR of -0.04%. Past returns do not guarantee future performance.
Can I invest in Bandhan Banking and PSU Direct Daily IDCW right now?
Ans. Yes, it is an open ended scheme, which means investors can generally invest or redeem units on any business day at the applicable NAV, subject to any exit load mentioned in the scheme documents.
Is Bandhan Banking and PSU Direct Daily IDCW a Direct Plan or a Regular Plan?
Ans. This specific scheme is the Direct Plan. a Direct Plan, which is bought straight from the fund house without a distributor, so it usually carries a lower expense ratio than the Regular Plan of the same scheme.
What is the Daily IDCW option in Bandhan Banking and PSU Direct Daily IDCW?
Ans. It is structured under a Daily IDCW option, where income is declared and distributed to unit holders on a daily basis.
What category does Bandhan Banking and PSU Direct Daily IDCW belong to and how risky is it?
Ans. It falls under the Debt category and is classified as Moderate Risk. Suited to conservative debt investors seeking relatively better credit quality than a generic corporate bond fund.
How can I check Bandhan Banking and PSU Direct Daily IDCW live on Univest?
Ans. You can track its NAV, category peers and other mutual fund and stock data through the Univest Screener and app after logging in to your Univest account.
Who manages Bandhan Banking and PSU Direct Daily IDCW?
Ans. It is managed by Bandhan Mutual Fund as per the fund house’s official scheme disclosures. Fund manager names can change over time, so investors should check the latest factsheet on the AMC website for the current manager.
