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
₹11.39
0.52%
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi asset allocation
hybrid (nc)
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi asset allocation
hybrid (nc)
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
16.28%p.a.
Since Inception
About Bandhan Multi Asset Allocation Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Multi Asset Allocation Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Jan 2024, Bandhan Multi Asset Allocation Fund Growth is Multi Asset Allocation fund of its category with 1,778.43 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Bandhan Multi Asset Allocation Fund Growth delivered 0.0% annual returns during the last year. It has delivered 16.3% average annual returns since the fund was launched.
- Bandhan Multi Asset Allocation Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The investment objective of the Scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized, and the scheme does not assure or guarantee any returns.
Top 10 Holdings
Ishares V Plc - Ishares Msci Acwi Ucits Etf
9.47%
7.3% Govt Stock 2053
8.01%
ICICI Prudential Silver ETF
6.39%
ICICI Pru Gold ETF
6.01%
Reliance Industries Ltd
4.86%
HDFC Bank Ltd
3.85%
Future on Reliance Industries Ltd
3.04%
Infosys Ltd
2.46%
Tata Consultancy Services Ltd
2.16%
ICICI Bank Ltd
2.11%
Fund Managers
- Gautam Kaul (Jan 2024 - Present)
- Daylynn Pinto (Jan 2024 - Present)
- Viraj Kulkarni (Jan 2024 - Present)
- Nemish Sheth (Jan 2024 - Present)
- Ritika Behera (Jan 2024 - Present)
- Gaurav Satra (Jun 2024 - Present)
Key Information
View Scheme Document
Bandhan Multi Asset Allocation 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 Multi Asset Allocation 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 Multi Asset Allocation 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 Multi Asset Allocation 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
Funds
3Y Return
ICICI Prudential Multi-Asset Fund Growth
very high risk | equity
18.1%
Nippon India Multi Asset Allocation Fund Growth
very high risk | equity
13.9%
Aditya Birla Sun Life Multi Asset Allocation Fund Growth
very high risk | equity
0.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved