Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth

Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth is a debt fund. This fund was started on 11 February, 2025. The fund is managed by Harshal Joshi. This fund is suitable to keep your money safe.

1. Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.
   

Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth has given a CAGR return of 1.91% since inception.

Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Canara Bank, Bank Of Baroda, National Bank For Agriculture And Rural Development, LIC Housing Finance Ltd

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The Scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the Series under the scheme.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Bandhan Fixed Maturity FMP Series 209 93 Days Fund Direct Growth has no lock in period.