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
₹10.29
-0.04%
NAV as on 20 Jan 25, 12:00 AM
low to moderate risk
money market
debt
NAV as on 20 Jan 25, 12:00 AM
low to moderate risk
money market
debt
6.53%p.a.
Last 1Y
5.71%p.a.
Last 3Y
4.88%p.a.
Last 5Y
4.78%p.a.
Since Inception
About Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution cum cptl Wdrl opt for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution cum cptl Wdrl opt scheme from Bandhan Asset Management Company Limited. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Feb 2003, Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution cum cptl Wdrl opt is Money Market fund of its category with 11,658.72 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution cum cptl Wdrl opt delivered 6.5% annual returns during the last year. It has delivered 4.8% average annual returns since the fund was launched.
- Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution 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
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Top 10 Holdings
Kotak Mahindra Bank Ltd.
4.62%
Kotak Mahindra Bank Ltd.
3.90%
ICICI Bank Ltd.
2.93%
Bank of India Ltd.
2.92%
05.90 Ts SDL 2025
2.60%
182 DTB 27022025
2.06%
Union Bank of India
1.95%
Punjab National Bank
1.95%
08.29 KL Sdl 2025
1.69%
05.95 Tn SDL 2025
1.56%
Fund Managers
- Gautam Kaul (Dec 2021 - Present)
- Brijesh Shah (Jul 2021 - Present)
Key Information
View Scheme Document
Bandhan Money Manager Fund Plan Monthly Payout of Income Distribution cum cptl Wdrl opt 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 Money Manager Fund Plan Monthly Payout of Income Distribution 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 Money Manager Fund Plan Monthly Payout of Income Distribution 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 Money Manager Fund Plan Monthly Payout of Income Distribution 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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