NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Bandhan Multi-Asset Passive FoF -Growth for NRI [40.10]

Min Investment

1,000

Fund Size

20.15 Cr

Expense Ratio

0.3%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

40.10

0.02%

NAV as on 31 Mar 26, 12:00 AM

high risk

fund of funds

fof

NAV as on 31 Mar 26, 12:00 AM

high risk

fund of funds

fof

4.54%p.a.

Last 1Y

11.23%p.a.

Last 3Y

8.94%p.a.

Last 5Y

8.98%p.a.

Since Inception

About Bandhan Multi-Asset Passive FoF -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Bandhan Multi-Asset Passive FoF -Growth scheme from Bandhan Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Feb 2010, Bandhan Multi-Asset Passive FoF -Growth is Fund of Funds fund of its category with 20.15 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.

  • Bandhan Multi-Asset Passive FoF -Growth delivered 4.5% annual returns during the last year. It has delivered 9.0% average annual returns since the fund was launched.
  • Bandhan Multi-Asset Passive FoF -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The investment objective of the scheme is to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of Bandhan Mutual Fund based on a defined asset allocation model.

Top 10 Holdings

Bandhan Liquid Fund Direct Plan-Growth

7.50%

Bandhan Focused Fund Direct-Growth

8.65%

Bandhan Large Cap Fund Direct-Growth

42.04%

Bandhan Low Duration Fund Direct-Growth

12.97%

Bandhan Short Duration Fund Direct-Growth

28.10%

Reverse Repo

2.61%

Net Payables

-0.32%

Others Mrgn Money

0.02%

ICICI Prudential Gold Exchange Traded Fund IDCW

7.58%

Bandhan Nifty 50 Index Fund Direct Plan-Growth

35.39%

Fund Managers

  1. Viraj Kulkarni (Jul 2022 - Present)

Key Information

View Scheme Document

Bandhan Multi-Asset Passive FoF -Growth SIP Calculator

If invested

5,000

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 Passive FoF -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Bandhan Multi-Asset Passive FoF -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 Passive FoF -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

Frequently Asked Questions