NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Bandhan BSE Healthcare Index Fund Growth for NRI [9.88]

Min Investment

1,000

Fund Size

17.62 Cr

Expense Ratio

1.0%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

9.88

1.23%

NAV as on 23 Nov 24, 12:00 AM

very high risk

index funds

equity

NAV as on 23 Nov 24, 12:00 AM

very high risk

index funds

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

0.96%p.a.

Since Inception

About Bandhan BSE Healthcare Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bandhan BSE Healthcare Index Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Sep 2024, Bandhan BSE Healthcare Index Fund Growth is Index Funds fund of its category with 17.62 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Bandhan BSE Healthcare Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 1.0% average annual returns since the fund was launched.
  • Bandhan BSE Healthcare Index Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the Scheme is to replicate the BSE Healthcare Index by investing in securities of the BSE Healthcare Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of BSE Healthcare Index, subject to tracking errors.

Top 10 Holdings

Sun Pharmaceuticals Industries Ltd

15.45%

Cipla Ltd

6.70%

Dr Reddy's Laboratories Ltd

6.01%

Divi's Laboratories Ltd

5.81%

Max Healthcare Institute Ltd Ordinary Shares

5.81%

Apollo Hospitals Enterprise Ltd

5.41%

Lupin Ltd

4.09%

Aurobindo Pharma Ltd

3.04%

Fortis Healthcare Ltd

2.52%

Alkem Laboratories Ltd

2.35%

Fund Managers

  1. Nemish Sheth (Sep 2024 - Present)

Key Information

View Scheme Document

Bandhan BSE Healthcare Index Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Bandhan BSE Healthcare Index Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Bandhan BSE Healthcare Index Fund Growth?

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 BSE Healthcare Index Fund Growth
  • 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

Frequently Asked Questions