NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.71
-0.06%
NAV as on 20 Jan 25, 12:00 AM
moderate risk
banking & psu
debt
NAV as on 20 Jan 25, 12:00 AM
moderate risk
banking & psu
debt
7.00%p.a.
Last 1Y
5.75%p.a.
Last 3Y
6.03%p.a.
Last 5Y
5.17%p.a.
Since Inception
About Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt scheme from Bandhan Asset Management Company Limited. It is a Banking & PSU mutual fund scheme that predominantly invests in Banking & PSU stocks of companies. Launched on Mar 2013, Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt is Banking & PSU fund of its category with 13,506.88 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Banking & PSU funds.
- Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt delivered 7.0% annual returns during the last year. It has delivered 5.2% average annual returns since the fund was launched.
- Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).
Top 10 Holdings
7.18% Govt Stock 2033
12.47%
7.17% Govt Stock 2030
8.92%
Indian Railway Finance Corporation Limited
5.37%
7.1% Govt Stock 2034
4.66%
Indian Railway Finance Corporation Limited
4.19%
National Bank For Agriculture And Rural Development
3.67%
Kotak Mahindra Bank Ltd.
3.10%
Rural Electrification Corporation Limited
2.93%
Nuclear Power Corporation Of India Limited
2.70%
Ntpc Limited
2.60%
Fund Managers
- Suyash Choudhary (Jul 2021 - Present)
- Gautam Kaul (Dec 2021 - Present)
- Brijesh Shah (Jun 2024 - Present)
Key Information
View Scheme Document
Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bandhan Banking & PSU Debt Fund- Plan- Monthly Rnvmt of Inc Dis cum Cptl Wdrl Opt
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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