Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth is a debt fund. This fund was started on 16 February, 2023. The fund is managed by Gautam Kaul. This fund is suitable to keep your money safe.

1. Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth has ₹440 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth has given a CAGR return of 9.72% since inception. Over the last 1 year the fund has given a CAGR return of 11.08%.

Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 6.54% Govt Stock 2032, 6.1% Govt Stock 2031

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 investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Crisil IBX Gilt Index - April 2032 before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth has no lock in period.