Bandhan Asset Allocation Fund Of Fund Moderate Direct Growth

Bandhan Asset Allocation Fund Of Fund Moderate Direct Growth is a hybrid fund. This fund was started on 26 February, 2013. The fund is managed by Viraj Kulkarni. This fund gives you the benefit of diversification.

1. Bandhan Asset Allocation Fund Of Fund Moderate Direct Growth has ₹19 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.4.
   

Bandhan Asset Allocation Fund Of Fund Moderate Direct Growth has given a CAGR return of 9.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.39%, 10.65% and 13.99% respectively.

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

As it is a fund of funds 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of Bandhan Mutual Fund based on a defined asset allocation model.

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