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
₹12.18
0.40%
NAV as on 02 Dec 24, 12:00 AM
very high risk
retirement
equity
NAV as on 02 Dec 24, 12:00 AM
very high risk
retirement
equity
17.78%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
18.91%p.a.
Since Inception
About Bandhan Retirement Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Retirement Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Oct 2023, Bandhan Retirement Fund Growth is Retirement fund of its category with 172.89 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
- Bandhan Retirement Fund Growth delivered 17.8% annual returns during the last year. It has delivered 18.9% average annual returns since the fund was launched.
- Bandhan Retirement 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 investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals. There is no assurance or guarantee that the objectives of the scheme will be realised.
Top 10 Holdings
7.3% Govt Stock 2053
24.06%
Reliance Industries Ltd
5.57%
Bharti Airtel Ltd
5.10%
ICICI Bank Ltd
5.03%
Larsen & Toubro Ltd
3.59%
Future on Bharti Airtel Ltd
3.12%
HDFC Bank Ltd
3.12%
Titan Co Ltd
2.63%
Icici Bank Limited November 2024 Future
2.48%
Future on Reliance Industries Ltd
2.44%
Fund Managers
- Gautam Kaul (Oct 2023 - Present)
- Brijesh Shah (Jun 2024 - Present)
- Vishal Biraia (Jan 2024 - Present)
- Ritika Behera (Oct 2023 - Present)
- Gaurav Satra (Jun 2024 - Present)
Key Information
View Scheme Document
Bandhan Retirement Fund Growth SIP Calculator
If invested
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Bandhan Retirement 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 Retirement 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 Retirement 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
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Frequently Asked Questions
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