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
₹136.70
0.03%
NAV as on 30 Apr 24, 12:00 AM
very high risk
value
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
value
equity
44.74%p.a.
Last 1Y
26.53%p.a.
Last 3Y
21.74%p.a.
Last 5Y
17.42%p.a.
Since Inception
About Bandhan Sterling Value Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan Sterling Value Fund Plan Growth scheme from Bandhan Asset Management Company Limited. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Mar 2008, Bandhan Sterling Value Fund Plan Growth is Value fund of its category with 8,569.07 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- Bandhan Sterling Value Fund Plan Growth delivered 44.7% annual returns during the last year. It has delivered 17.4% average annual returns since the fund was launched.
- Bandhan Sterling Value 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 to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following a value investment strategy.
Top 10 Holdings
Reliance Industries Ltd
4.42%
HDFC Bank Ltd
4.39%
Axis Bank Ltd
4.03%
ICICI Bank Ltd
3.83%
Jindal Steel & Power Ltd
2.48%
CG Power & Industrial Solutions Ltd
2.40%
State Bank of India
2.37%
Tata Consultancy Services Ltd
2.26%
Bosch Ltd
2.16%
NTPC Ltd
2.16%
Fund Managers
- Daylynn Pinto (Oct 2016 - Present)
- Ritika Behera (Oct 2023 - Present)
Key Information
View Scheme Document
Bandhan Sterling Value Fund Plan Growth SIP Calculator
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For a period of
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NRI Mutual Fund Tax on Bandhan Sterling Value 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 Sterling Value 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 Sterling Value 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
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Frequently Asked Questions
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