Aditya Birla Sun Life Gilt Fund vs Bandhan 10 year Constant Maturity Gilt Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Gilt Fund and Bandhan 10 year Constant Maturity Gilt Fund are both Gilt funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Gilt Fund (Direct) returned 5.4% a year and Bandhan 10 year Constant Maturity Gilt Fund (Direct) returned 7.3% a year. Aditya Birla Sun Life Gilt Fund charges 0.50% a year and Bandhan 10 year Constant Maturity Gilt Fund 0.26% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Aditya Birla Sun Life Gilt Fund
Gilt
- 3 year return
- 5.4%
- Expense ratio
- 0.50%
- NAV
- ₹87.39
Bandhan 10 year Constant Maturity Gilt Fund
Gilt
- 3 year return
- 7.3%
- Expense ratio
- 0.26%
- NAV
- ₹48.31
Which is better, Aditya Birla Sun Life Gilt or Bandhan 10 year Constant Maturity Gilt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan 10 year Constant Maturity Gilt returned more over 5 years: 5.6% a year against 4.9%.
- Bandhan 10 year Constant Maturity Gilt returned more over 3 years: 7.3% a year against 5.4%.
- Bandhan 10 year Constant Maturity Gilt costs less: 0.26% a year against 0.50% (Direct plans).
- Bandhan 10 year Constant Maturity Gilt swung less over 3 years: a standard deviation of 2.8% a year against 3.6%.
- Bandhan 10 year Constant Maturity Gilt fell less in its worst fall since 02-01-2013: −5.0% against −10.8%.
- Aditya Birla Sun Life Gilt is the larger fund: ₹1,175 Cr against ₹285 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Gilt Fund | Bandhan 10 year Constant Maturity Gilt Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Bandhan Mutual Fund |
| Category | Gilt | Gilt |
| AUM | ₹1,175 Cr (30-09-2026) | ₹285 Cr (30-09-2026) |
| NAV | ₹87.39 (Direct) | ₹48.31 (Direct) |
| Expense ratio (Direct) | 0.50% | 0.26% |
| Expense ratio (Regular) | 1.15% | 0.48% |
| Riskometer | Moderate | Moderate |
| Benchmark | Nifty All Duration G-Sec Index | CRISIL 10 Year Gilt Index |
| Launch date | 11-10-1999 | 09-03-2002 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Bhupesh Bameta | Harshal Joshi |
| Exit load | Nil | Nil |
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Gilt Fund (Direct) | −0.76% | −1.31% | +1.69% | +0.92% | +5.42% | +4.93% | +6.66% |
| Bandhan 10 year Constant Maturity Gilt Fund (Direct) | −0.98% | −2.19% | +1.32% | +2.61% | +7.25% | +5.59% | +7.62% |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | +5.46% | +6.64% |
Category average: the average of the 28 Gilt funds, same plan type.
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Gilt | Bandhan 10 year Constant MaturityBandhan 10 year Constant Maturity Gilt |
|---|---|---|
| 2026to date | +0.45% | +1.56% |
| 2025 | +3.68% | +7.75% |
| 2024 | +9.77% | +9.93% |
| 2023 | +7.76% | +7.60% |
| 2022 | +2.40% | +0.86% |
| 2021 | +4.24% | +1.92% |
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,620 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity Gilt Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Gilt | 0.0 | 5.3 | 70.4 | 23.3 | 1.1 | 0.0 | 0.0 | 8.6% | 8.6% | 4.2% | 16.4% |
| Bandhan 10 year Constant Maturity Gilt | 0.0 | 12.3 | 48.6 | 39.1 | 0.0 | 0.0 | 0.0 | 8.7% | 9.0% | 2.8% | 13.3% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life GiltAditya Birla Sun Life Gilt Fund (Direct) | ₹16,60,000 | ₹27,50,768 | ₹10,90,768 | 7.0% |
| Bandhan 10 year Constant Maturity GiltBandhan 10 year Constant Maturity Gilt Fund (Direct) | ₹16,60,000 | ₹28,71,083 | ₹12,11,083 | 7.5% |
Aditya Birla Sun Life GiltAditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity GiltBandhan 10 year Constant Maturity Gilt Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Gilt Fund (Direct) | Bandhan 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.92% | +2.61% |
| Standard deviation | 4.42% | 3.40% |
| Sharpe ratio | -0.98 | -0.77 |
| Sortino ratio | -1.32 | -1.09 |
| Maximum drawdown | −3.8% (02-04-2026) | −3.3% (26-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Gilt Fund (Direct) | Bandhan 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.42% | +7.25% |
| Standard deviation | 3.61% | 2.77% |
| Sharpe ratio | -0.17 | 0.44 |
| Sortino ratio | -0.23 | 0.64 |
| Maximum drawdown | −5.5% (02-04-2026) | −3.3% (26-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Gilt Fund (Direct) | Bandhan 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.93% | +5.59% |
| Standard deviation | 3.06% | 3.32% |
| Sharpe ratio | -0.28 | -0.06 |
| Sortino ratio | -0.38 | -0.09 |
| Maximum drawdown | −5.5% (02-04-2026) | −4.8% (13-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Gilt Fund (Direct) | Bandhan 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.99% | +8.45% |
| Standard deviation | 4.19% | 3.22% |
| Sharpe ratio | 0.46 | 0.75 |
| Sortino ratio | 0.66 | 1.08 |
| Maximum drawdown | −10.8% (19-08-2013) | −5.0% (13-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity Gilt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Gilt Fund (Direct) | −10.8% | 28-05-2013 | 19-08-2013 | 03-06-2014 | 9 months | −2.7% |
| Bandhan 10 year Constant Maturity Gilt Fund (Direct) | −5.0% | 21-09-2021 | 13-06-2022 | 24-11-2022 | 5 months | −2.9% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity Gilt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity Gilt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Gilt Fund (Direct)
Bandhan 10 year Constant Maturity Gilt Fund (Direct)
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Gilt Fund, September 2026; Bandhan 10 year Constant Maturity Gilt Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Aditya Birla Sun Life Gilt
- 17
- Only in Bandhan 10 year Constant Maturity Gilt
- 6
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Gilt Fund
| Security | % of fund |
|---|---|
| Government of India (22/04/2064) | 22.91% |
| Government of India (19/06/2053) | 12.26% |
| Government of India (05/08/2054) | 5.57% |
| Government of India (25/11/2074) | 4.91% |
| Government of India (30/10/2034) (FRB) | 4.37% |
Largest holdings only in Bandhan 10 year Constant Maturity Gilt Fund
| Security | % of fund |
|---|---|
| 6.94% GOI (MD 11/05/2036) | 67.30% |
| 6.68% GOI (MD 07/07/2040) | 19.89% |
| 7.49% Karnataka SDL (MD 04/02/2035) | 6.19% |
| 7.1% GOI (MD 08/04/2034) | 1.75% |
| 7.18% GOI (MD 14/08/2033) | 0.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Gilt | Bandhan 10 year Constant Maturity Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 79.1% | 95.6% |
| Cash and others | 20.9% | 4.4% |
Aditya Birla Sun Life Gilt vs Bandhan 10 year Constant Maturity Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Gilt Fund | Bandhan 10 year Constant Maturity Gilt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.50% | 0.26% |
| Base expense ratio (Direct) | 0.42% | 0.22% |
| Total expense ratio (Regular) | 1.15% | 0.48% |
| Base expense ratio (Regular) | 0.97% | 0.41% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Gilt with
Compare Bandhan 10 year Constant Maturity Gilt with
Aditya Birla Sun Life Gilt Fund vs Bandhan 10 year Constant Maturity Gilt Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Gilt Fund and Bandhan 10 year Constant Maturity Gilt Fund?
Both are Gilt funds, run by Aditya Birla Sun Life Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 0.0%. Aditya Birla Sun Life Gilt Fund charges 0.50% a year and Bandhan 10 year Constant Maturity Gilt Fund 0.26%.
Which has given higher returns, Aditya Birla Sun Life Gilt Fund or Bandhan 10 year Constant Maturity Gilt Fund?
Over 1 year: Aditya Birla Sun Life Gilt Fund +0.92%, Bandhan 10 year Constant Maturity Gilt Fund +2.61%. Over 3 years: Aditya Birla Sun Life Gilt Fund +5.42% a year, Bandhan 10 year Constant Maturity Gilt Fund +7.25% a year. Over 5 years: Aditya Birla Sun Life Gilt Fund +4.93% a year, Bandhan 10 year Constant Maturity Gilt Fund +5.59% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Gilt Fund or Bandhan 10 year Constant Maturity Gilt Fund?
Bandhan 10 year Constant Maturity Gilt Fund charges less: 0.26% a year against 0.50%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Gilt Fund and Bandhan 10 year Constant Maturity Gilt Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Gilt Fund or Bandhan 10 year Constant Maturity Gilt Fund?
On SEBI's riskometer, Aditya Birla Sun Life Gilt Fund is rated Moderate and Bandhan 10 year Constant Maturity Gilt Fund Moderate. Over 3 years, the standard deviation of daily returns was 3.61% and 2.77% a year.
Which is better for SIP, Aditya Birla Sun Life Gilt Fund or Bandhan 10 year Constant Maturity Gilt Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,84,537 in Aditya Birla Sun Life Gilt Fund (XIRR 4.5% a year) and ₹7,11,345 in Bandhan 10 year Constant Maturity Gilt Fund (XIRR 6.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Gilt Fund and Bandhan 10 year Constant Maturity Gilt Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Aditya Birla Sun Life Gilt Fund and Bandhan 10 year Constant Maturity Gilt Fund?
Aditya Birla Sun Life Gilt Fund: Bhupesh Bameta. Bandhan 10 year Constant Maturity Gilt Fund: Harshal Joshi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.