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
₹29.14
0.14%
NAV as on 01 May 24, 12:00 AM
moderately high risk
conservative allocation
hybrid (c)
NAV as on 01 May 24, 12:00 AM
moderately high risk
conservative allocation
hybrid (c)
10.15%p.a.
Last 1Y
5.70%p.a.
Last 3Y
6.28%p.a.
Last 5Y
7.84%p.a.
Since Inception
About Bandhan Savings Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Savings Fund Plan Growth scheme from Bandhan Asset Management Company Limited. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Feb 2010, Bandhan Savings Fund Plan Growth is Conservative Allocation fund of its category with 119.35 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.
- Bandhan Savings Fund Plan Growth delivered 10.2% annual returns during the last year. It has delivered 7.8% average annual returns since the fund was launched.
- Bandhan Savings Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (c)
Fund Objective
The primary objective of the Scheme is to generate regular returns through investment predominantly in debt instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's total assets in equity securities.
Top 10 Holdings
Bandhan Nifty 50 ETF
14.37%
7.18% Govt Stock 2037
10.19%
Small Industries Development Bank Of India
8.53%
Power Finance Corporation Ltd.
8.49%
Bajaj Finance Limited
8.49%
HDFC Bank Limited
8.48%
7.17% Govt Stock 2028
4.41%
8.33% Govt Stock 2026
4.36%
7.1% Govt Stock 2029
4.24%
National Bank For Agriculture And Rural Development
4.24%
Fund Managers
- Sumit Agrawal (Oct 2016 - Present)
- Harshal Joshi (Jul 2021 - Present)
- Viraj Kulkarni (Jul 2022 - Present)
- Sreejith Balasubramanian (Aug 2023 - Present)
- Ritika Behera (Oct 2023 - Present)
Key Information
View Scheme Document
Bandhan Savings Fund Plan Growth SIP Calculator
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Bandhan Savings 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 Savings 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 Savings 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
ICICI Prudential Savings Fund Growth
moderately high risk | debt
9.6%
HDFC Hybrid Debt Fund Growth
moderately high risk | debt
11.3%
Kotak Debt Hybrid Growth
moderately high risk | debt
10.7%
Frequently Asked Questions
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