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
₹15.87
-1.30%
NAV as on 18 Dec 24, 12:00 AM
very high risk
global other
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
global other
equity
33.82%p.a.
Last 1Y
14.57%p.a.
Last 3Y
0.00%p.a.
Last 5Y
13.73%p.a.
Since Inception
About Bandhan US Equity Fund of Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bandhan US Equity Fund of Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Aug 2021, Bandhan US Equity Fund of Fund Growth is Global - Other fund of its category with 322.1 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Bandhan US Equity Fund of Fund Growth delivered 33.8% annual returns during the last year. It has delivered 13.7% average annual returns since the fund was launched.
- Bandhan US Equity Fund of Fund 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 Fund seeks to generate long term capital appreciation by investing in units/shares of overseas Mutual Fund Scheme (/s) / Exchange Traded Fund (/s) investing in US Equity securities.
Top 1 Holdings
JPM US Growth I (acc) USD
97.73%
Fund Managers
- Ritika Behera (Oct 2023 - Present)
- Gaurav Satra (Jun 2024 - Present)
Key Information
View Scheme Document
Bandhan US Equity Fund of Fund Growth SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on Bandhan US Equity Fund of 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 US Equity Fund of 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 US Equity Fund of 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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