Hybrid
Direct
Equity Savings
NAV as on 06-09-2024
₹ 32.86
Inception Returns
7.9%
/yr
Bandhan Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2014. The fund is managed by Viraj Kulkarni, Harshal Joshi, Sachin Relekar. This fund gives you the benefit of diversification.
Bandhan Equity Savings Fund Direct Growth has given a CAGR return of 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.29%, 7.71% and 9.65% respectively.
Bandhan Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Health, Government, Basic Materials, Corporate, Utilities, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Communication.
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).
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 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.
Expense ratio | 0.45% |
Benchmark | Crisil Equity Savings Index TR INR |
AUM | ₹136 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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Government & Basic Materials
Bandhan Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.24% | 1.24% |
6 Month Returns | 5.47% | 5.47% |
1 Year Returns | 11.29% | 11.29% |
3 Years Returns | 24.96% | 7.71% |
5 Years Returns | 58.53% | 9.65% |
AAA | 100 |