Bandhan ELSS Tax saver Fund Direct Growth

Bandhan ELSS Tax saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Daylynn Pinto, Ritika Behera, Gaurav Satra. The fund could potentially beat inflation in the long-run.

1. Bandhan ELSS Tax saver Fund Direct Growth has ₹6899 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

Bandhan ELSS Tax saver Fund Direct Growth has given a CAGR return of 17.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -2.47%, 17.19% and 24.28% respectively.

Bandhan ELSS Tax saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Basic Materials, Consumer Defensive, Energy, Health, Industrial, Communication, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, Kotak Mahindra Bank Ltd

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The fund is an Equity Linked Savings Scheme (ELSS) that aims to generate longterm capital growth from a diversified equity portfolio and enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Bandhan ELSS Tax saver Fund Direct Growth of 3 Years