Bandhan Retirement Fund Direct Growth

Bandhan Retirement Fund Direct Growth

Hybrid

Direct

Retirement

NAV as on 02-12-2024

₹ 12.41

Inception Returns

20.9%

/yr

About Bandhan Retirement Fund Direct Growth

Bandhan Retirement Fund Direct Growth is a hybrid fund. This fund was started on 19 October, 2023. The fund is managed by Gautam Kaul. This fund gives you the benefit of diversification.

Key Parameters

  1. Bandhan Retirement Fund Direct Growth has ₹173 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Retirement Fund Direct Growth has given a CAGR return of 20.94% since inception. Over the last 1 year the fund has given a CAGR return of 19.86%.

Holdings

Bandhan Retirement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Consumer Cyclical, Tech, Communication, Energy, Industrial, Basic Materials, Consumer Defensive, Health, Utilities, Real Estate.

Taxation

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Bandhan Retirement Fund Direct Growth

The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals. There is no assurance or guarantee that the objectives of the scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Retirement Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
309 people have invested ₹ 3.3L in Bandhan Retirement Fund Direct Growth in the last three months

Bandhan Retirement Fund Direct Growth Overview

Expense ratio0.71%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹173 Cr
Inception Date19 October, 2023
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
35.34%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
Bandhan Retirement Fund Direct Growth
Retirement Index
1M
0.3%
-
3M
-1.9%
-
6M
5.7%
-
1Y
19.9%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 51.5%

  • Debt & Cash 48.5%

Large cap
59.4%

Mid cap
8.3%

Small cap
4.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.5%
Consumer Cyclical
14.1%
Tech
11.9%
Communication
10.2%
Energy
9.3%
Industrial
8.4%
Basic Materials
7.4%
Consumer Defensive
5%
Health
3.1%
Utilities
1.9%
Real Estate
1.2%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 178.4 Cr
₹ 176.2 Cr
₹ 176.2 Cr
  • AUM of the fund stands at 178.4 Cr as of Oct'24
  • AUM increased by 2.2 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Consumer Cyclical

Oct'24
Government
50%
Financial Services
27%
Consumer Cyclical
14%
Sep'24
Government
51%
Financial Services
26%
Consumer Cyclical
15%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
76
78
78
Top 5 Company Concentration
22.4%
22.3%
22.3%
Company having highest exposure
Reliance Industries Ltd (5.6%)
Reliance Industries Ltd (6.2%)
Reliance Industries Ltd (6.2%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
113.3%
114.3%
113.9%
Sector having highest exposure
Government (49.7%)
Government (50.8%)
Government (51.1%)
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Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Retirement Fund Direct Growth, since 19 October 2023
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.6L Cr
as on 31-Oct-2024
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Bandhan Retirement Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.94% since inception which is more than its category average return of 12.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 51.54% in Equity, 24.06% in Debt and 24.4% in Cash related instruments
AUM size ₹173 Cr

AUM size ₹173 Cr

This fund has AUM of ₹173 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions for Bandhan Retirement Fund Direct Growth

The current NAV of Bandhan Retirement Fund Direct Growth is ₹12.41 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Bandhan Retirement Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.31%
0.31%
6 Month Returns
5.72%
5.72%
1 Year Returns
19.86%
19.86%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.71% as on November 2024
₹173 Cr as on November 2024
7.3% Govt Stock 2053(24.06%), Reliance Industries Ltd(5.57%), Bharti Airtel Ltd(5.1%), ICICI Bank Ltd(5.03%), Larsen & Toubro Ltd(3.59%) as on November 2024
Cash Equivalent(24.4%), Government(24.06%), Financial Services(14.16%) as on November 2024
AAA
100
Gautam Kaul is the fund manager of Bandhan Retirement Fund Direct Growth
The Exit load of Bandhan Retirement Fund Direct Growth is 0%