Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 31 January, 2024. The fund is managed by Daylynn Pinto, Viraj Kulkarni, Gautam Kaul. This fund gives you the benefit of diversification.

1. Bandhan Multi Asset Allocation Fund Direct Growth has ₹1812 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Bandhan Multi Asset Allocation Fund Direct Growth has given a CAGR return of 12.73% since inception. Over the last 1 year the fund has given a CAGR return of 10.07%.

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

As it is a multi asset allocation 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 generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized, and the scheme does not assure or guarantee any returns.

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