Bandhan Retirement Fund Direct Growth
Hybrid
Direct
Retirement
NAV as on 20-01-2025
₹ 12.11
Inception Returns
16.5%
/yr
About Bandhan Retirement Fund Direct Growth
Bandhan Retirement Fund Direct Growth is a hybrid fund. This fund was started on 19 October, 2023. The fund is managed by Viraj Kulkarni, Gautam Kaul. This fund gives you the benefit of diversification.
Key Parameters
- Bandhan Retirement Fund Direct Growth has ₹174 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Bandhan Retirement Fund Direct Growth has given a CAGR return of 16.45% since inception. Over the last 1 year the fund has given a CAGR return of 11.19%.
Holdings
Bandhan Retirement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Consumer Cyclical, Tech, Communication, Industrial, Energy, Basic Materials, Consumer Defensive, Health, Utilities, Real Estate.
Taxation
As it is a retirement 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 Retirement Fund Direct Growth
The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals. There is no assurance or guarantee that the objectives of the scheme will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Retirement Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Retirement Fund Direct Growth Overview
| Expense ratio | 0.72% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
| AUM | ₹174 Cr |
| Inception Date | 19 October, 2023 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 35.34% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 173.4 Cr as of Dec'24
- AUM increased by 0.5 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Government, Financial Services & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.04% | 0% | |
 Bharti Airtel Ltd | 4.98% | 0% | |
 ICICI Bank Ltd | 4.95% | 0% | |
 Larsen & Toubro Ltd | 3.55% | 0% | |
 HDFC Bank Ltd | 3.16% | 0% |
Bandhan Retirement Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹174 Cr
Expense Ratio 0.72%
Frequently Asked Questions for Bandhan Retirement Fund Direct Growth
Bandhan Retirement Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.27% | -3.27% |
6 Month Returns | -2.41% | -2.41% |
1 Year Returns | 11.19% | 11.19% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 |