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
₹9.49
0.50%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 19 Nov 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
-2.59%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 1,652.1 Cr fund under management as on Nov 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 -2.6% 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 November 2024 Future
25.66%
NTPC Ltd
2.72%
Sundaram Clayton Ltd
2.17%
Adani Ports & Special Economic Zone Ltd
2.11%
Bajaj Finance Ltd
2.02%
Axis Bank Ltd
2.00%
Infosys Ltd
1.93%
REC Ltd
1.92%
Reliance Industries Ltd
1.83%
Kotak Mahindra Bank Ltd
1.61%
Fund Managers
- Harshal Joshi (Sep 2024 - Present)
- Vishal Biraia (Sep 2024 - Present)
- Ritika Behera (Sep 2024 - Present)
- Gaurav Satra (Sep 2024 - Present)
Key Information
View Scheme Document
Bandhan Business Cycle Fund Growth SIP Calculator
If invested
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 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 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
Similar Funds
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3Y Return
ICICI Prudential India Opportunities Fund Growth
very high risk | equity
23.8%
HDFC Manufacturing Fund Growth
very high risk | equity
0.0%
ICICI Prudential Business Cycle Fund Growth
very high risk | equity
19.5%
Frequently Asked Questions
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