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
₹15.03
-0.01%
NAV as on 30 Apr 24, 12:00 AM
moderately high risk
credit risk
debt
NAV as on 30 Apr 24, 12:00 AM
moderately high risk
credit risk
debt
5.73%p.a.
Last 1Y
4.69%p.a.
Last 3Y
5.77%p.a.
Last 5Y
5.89%p.a.
Since Inception
About Bandhan Credit Risk Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Credit Risk Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Mar 2017, Bandhan Credit Risk Fund Growth is Credit Risk fund of its category with 359.23 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
- Bandhan Credit Risk Fund Growth delivered 5.7% annual returns during the last year. It has delivered 5.9% average annual returns since the fund was launched.
- Bandhan Credit Risk Fund 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 generate returns by investing predominantly in AA and below rated corporate debt securities across maturities.
Top 10 Holdings
7.18% Govt Stock 2037
15.49%
Century Textiles And Industried Limited
11.27%
Godrej Industries Limited
11.16%
Tata Projects Limited
8.47%
Bharti Telecom Limited
7.07%
TVS Credit Services Limited
7.01%
Au Small Finance Bank Limited
5.75%
Nirma Limited 8.3%
5.65%
Aadhar Housing Finance Ltd
5.62%
The Tata Power Company Limited
5.07%
Fund Managers
- Gautam Kaul (Jul 2022 - Present)
- Sreejith Balasubramanian (Aug 2023 - Present)
- Debraj Lahiri (Apr 2023 - Present)
Key Information
View Scheme Document
Bandhan Credit Risk 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 Credit Risk 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 Credit Risk 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 Credit Risk 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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