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
₹31.78
-0.09%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
government bond
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
government bond
debt
6.41%p.a.
Last 1Y
4.61%p.a.
Last 3Y
7.43%p.a.
Last 5Y
7.94%p.a.
Since Inception
About Bandhan Government Securities Fund - Investment Plan - Plan - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Government Securities Fund - Investment Plan - Plan - Growth scheme from Bandhan Asset Management Company Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2008, Bandhan Government Securities Fund - Investment Plan - Plan - Growth is Government Bond fund of its category with 1,661.19 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- Bandhan Government Securities Fund - Investment Plan - Plan - Growth delivered 6.4% annual returns during the last year. It has delivered 7.9% average annual returns since the fund was launched.
- Bandhan Government Securities Fund - Investment Plan - 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 scheme seeks to generate optimal returns with high liquidity by investing in Government Securities across maturities.
Top 3 Holdings
7.3% Govt Stock 2053
103.50%
7.18% Govt Stock 2037
2.07%
7.17% Govt Stock 2028
0.00%
Fund Managers
- Suyash Choudhary (Oct 2010 - Present)
- Sreejith Balasubramanian (Aug 2023 - Present)
Key Information
View Scheme Document
Bandhan Government Securities Fund - Investment Plan - Plan - Growth SIP Calculator
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on Bandhan Government Securities Fund - Investment Plan - 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 Government Securities Fund - Investment Plan - 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 Government Securities Fund - Investment Plan - 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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