Hybrid
Direct
Retirement
NAV as on 02-12-2024
₹ 12.41
Inception Returns
20.9%
/yr
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.
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%.
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.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 0.71% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹173 Cr |
Inception Date | 19 October, 2023 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 35.34% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (02-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Government, Financial Services & Consumer Cyclical
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% |
AAA | 100 |