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
₹13.75
-0.27%
NAV as on 11 Nov 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 11 Nov 24, 12:00 AM
very high risk
sector financial services
equity
31.88%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
29.50%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Bandhan Financial Services Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jul 2023, Bandhan Financial Services Fund Growth is Sector - Financial Services fund of its category with 976.32 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services.
ICICI Bank Ltd
14.23%
HDFC Bank Ltd
14.14%
Axis Bank Ltd
9.10%
Kotak Mahindra Bank Ltd
5.48%
Cholamandalam Investment and Finance Co Ltd
4.19%
Shriram Finance Ltd
3.30%
Jio Financial Services Ltd
3.30%
PB Fintech Ltd
2.26%
Aditya Birla Sun Life AMC Ltd
2.10%
Prudent Corporate Advisory Services Ltd
1.99%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
11.6%
very high risk | equity
13.8%
very high risk | equity
15.8%