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

INVEST VIA NRE/NRO

Bandhan Business Cycle Fund Growth for NRI [9.94]

Min Investment

1,000

Fund Size

1,700.75 Cr

Expense Ratio

2.0%

Exit Load

0.5%

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

9.94

-0.09%

NAV as on 18 Dec 24, 12:00 AM

very high risk

equity other

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

equity other

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-2.15%p.a.

Since Inception

About Bandhan Business Cycle Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bandhan Business Cycle Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Sep 2024, Bandhan Business Cycle Fund Growth is Equity - Other fund of its category with 1,700.75 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Bandhan Business Cycle Fund Growth delivered 0.0% annual returns during the last year. It has delivered -2.1% average annual returns since the fund was launched.
  • Bandhan Business Cycle 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 scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Top 10 Holdings

Nifty December 2024 Future

16.80%

NTPC Ltd

2.36%

Axis Bank Ltd

2.27%

Sundaram Clayton Ltd

2.21%

Wockhardt Ltd

2.09%

Bajaj Finance Ltd

2.07%

Larsen & Toubro Ltd

1.99%

Infosys Ltd

1.98%

REC Ltd

1.90%

Swiggy

1.78%

Fund Managers

  1. Harshal Joshi (Sep 2024 - Present)
  2. Vishal Biraia (Sep 2024 - Present)
  3. Ritika Behera (Sep 2024 - Present)
  4. Gaurav Satra (Sep 2024 - Present)

Key Information

View Scheme Document

Bandhan Business Cycle 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 Business Cycle 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 Business Cycle 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 Business Cycle 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