Bandhan Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 19-11-2024
₹ 32.96
▲0.1%
1D
Inception Returns
7.7%
/yr
About Bandhan Equity Savings Fund Direct Growth
Bandhan Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Sachin Relekar, Harshal Joshi, Viraj Kulkarni. This fund gives you the benefit of diversification.
Key Parameters
- Bandhan Equity Savings Fund Direct Growth has ₹194 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Bandhan Equity Savings Fund Direct Growth has given a CAGR return of 7.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.62%, 7.57% and 9.03% respectively.
Holdings
Bandhan Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Tech, Basic Materials, Consumer Defensive, Health, Consumer Cyclical, Industrial, Energy, Utilities, Communication.
Taxation
As it is a equity savings 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).
Investment objective of Bandhan Equity Savings Fund Direct Growth
To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.18% |
Benchmark | Crisil Equity Savings Index TR INR |
| AUM | ₹194 Cr |
| Inception Date | 1 January, 2014 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 53.67% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 161.9 Cr as of Oct'24
- AUM increased by 20.8 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Basic Materials
Mutual Fund Insights
Bandhan Equity Savings Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
Fund Allocations
AUM size ₹194 Cr
Expense Ratio 0.18%
Frequently Asked Questions for Bandhan Equity Savings Fund Direct Growth
Bandhan Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.08% | -0.08% |
6 Month Returns | 4.51% | 4.51% |
1 Year Returns | 10.62% | 10.62% |
3 Years Returns | 24.47% | 7.57% |
5 Years Returns | 54.09% | 9.03% |
- 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.
AAA | 100 |