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
₹29.97
0.08%
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
equity
7.53%p.a.
Last 1Y
5.44%p.a.
Last 3Y
5.04%p.a.
Last 5Y
6.52%p.a.
Since Inception
About Bandhan Arbitrage Fund - Plan - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Arbitrage Fund - Plan - Growth scheme from Bandhan Asset Management Company Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Dec 2006, Bandhan Arbitrage Fund - Plan - Growth is Arbitrage Fund fund of its category with 5,768.36 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- Bandhan Arbitrage Fund - Plan - Growth delivered 7.5% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
- Bandhan Arbitrage Fund - Plan - 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 generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Bandhan Money Manager Dir Gr
13.42%
Hdfc Bank Limited April 2024 Future
7.83%
HDFC Bank Ltd
7.76%
Small Industries Development Bank Of India
3.35%
Bandhan Ultra Short Term Dir Gr
3.10%
Future on Adani Enterprises Ltd
2.60%
Adani Enterprises Ltd
2.59%
Future on Reliance Industries Ltd
1.94%
Reliance Industries Ltd
1.93%
Vedanta Limited April 2024 Future
1.90%
Fund Managers
- Harshal Joshi (Oct 2016 - Present)
- Nemish Sheth (Nov 2021 - Present)
- Sreejith Balasubramanian (Aug 2023 - Present)
- Ritika Behera (Oct 2023 - Present)
Key Information
View Scheme Document
Bandhan Arbitrage Fund - Plan - Growth SIP Calculator
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NRI Mutual Fund Tax on Bandhan Arbitrage Fund - Plan - 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 Arbitrage Fund - Plan - 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 Arbitrage Fund - Plan - 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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