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 . This fund gives you the benefit of diversification.

1. Bandhan Retirement Fund Direct Growth has ₹176 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Bandhan Retirement Fund Direct Growth has given a CAGR return of 25.45% since inception.

Bandhan Retirement Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, 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 benefit
Gains 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.