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
₹73.41
0.11%
NAV as on 30 Apr 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
focused fund
equity
38.08%p.a.
Last 1Y
17.45%p.a.
Last 3Y
14.84%p.a.
Last 5Y
11.48%p.a.
Since Inception
About Bandhan Focused Equity Fund - Plan - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Focused Equity Fund - Plan - Growth scheme from Bandhan Asset Management Company Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Mar 2006, Bandhan Focused Equity Fund - Plan - Growth is Focused Fund fund of its category with 1,507.84 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Bandhan Focused Equity Fund - Plan - Growth delivered 38.1% annual returns during the last year. It has delivered 11.5% average annual returns since the fund was launched.
- Bandhan Focused Equity 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 seek to generate capital appreciation by investing in a concentrated portfolio of equity and equity related instruments up to 30 companies. There is no assurance or guarantee that the objectives of the scheme will be realized.
Top 10 Holdings
ICICI Bank Ltd
8.92%
HDFC Bank Ltd
7.64%
Reliance Industries Ltd
5.87%
Tata Motors Ltd
5.15%
Apar Industries Ltd
5.14%
Mankind Pharma Ltd
4.90%
Cholamandalam Investment and Finance Co Ltd
4.78%
Infosys Ltd
4.43%
Trent Ltd
4.13%
Kotak Mahindra Bank Ltd
4.09%
Fund Managers
- Sumit Agrawal (Oct 2016 - Present)
- Ritika Behera (Oct 2023 - Present)
Key Information
View Scheme Document
Bandhan Focused Equity 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 Focused Equity 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 Focused Equity 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 Focused Equity 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
SBI Focused Equity Fund Growth
very high risk | equity
16.6%
Axis Focused 25 Fund Growth
very high risk | equity
9.2%
Franklin India Focused Equity Fund Growth
very high risk | equity
22.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved