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
₹17.41
0.01%
NAV as on 01 May 24, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 01 May 24, 12:00 AM
moderate risk
corporate bond
debt
6.46%p.a.
Last 1Y
4.73%p.a.
Last 3Y
6.39%p.a.
Last 5Y
6.96%p.a.
Since Inception
About Bandhan Corporate Bond Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Corporate Bond Fund Plan Growth scheme from Bandhan Asset Management Company Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Jan 2016, Bandhan Corporate Bond Fund Plan Growth is Corporate Bond fund of its category with 13,763.85 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
- Bandhan Corporate Bond Fund Plan Growth delivered 6.5% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
- Bandhan Corporate Bond Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Top 10 Holdings
6.54% Govt Stock 2032
14.04%
7.26% Govt Stock 2033
9.85%
Export-Import Bank of India 7.4%
8.31%
Bajaj Housing Finance Ltd. 7.78%
6.51%
National Housing Bank
5.94%
Rural Electrification Corporation Limited
3.33%
HDFC Bank Limited
2.62%
REC Ltd. 7.64%
2.36%
National Bank For Agriculture And Rural Development
2.35%
7.26% Govt Stock 2032
2.26%
Fund Managers
- Suyash Choudhary (Jul 2021 - Present)
- Gautam Kaul (Dec 2021 - Present)
- Sreejith Balasubramanian (Aug 2023 - Present)
Key Information
View Scheme Document
Bandhan Corporate Bond Fund Plan 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 Corporate Bond 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 Corporate Bond 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 Corporate Bond 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
Similar Funds
Funds
3Y Return
HDFC Corporate Bond Growth
moderate risk | debt
5.4%
ICICI Prudential Corporate Bond Fund Growth
moderate risk | debt
5.9%
Aditya Birla Sun Life Corporate Bond Fund Plan Growth
moderate risk | debt
5.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved