Bandhan ELSS Tax Saver Fund (G)


ELSS
  • NAV 139.78 (-0.88%)
  • Fund Size (Cr) ₹6252.84
  • Expense Ratio 1.75
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 18.81%

Basic Details

Scheme Manager
Daylynn Pinto
Bench Mark
S&P BSE 500 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Apr-24
  • 9980.65
  • -0.19%
  • -
  • 0.33%
  • 204/225
  • 1 Month
  • 12-Mar-24
  • 10197.42
  • 1.97%
  • -
  • 3.76%
  • 185/225
  • 3 Month
  • 12-Jan-24
  • 10552.32
  • 5.52%
  • -
  • 5.27%
  • 105/225
  • 6 Month
  • 12-Oct-23
  • 11670.66
  • 16.71%
  • -
  • 18.65%
  • 138/225
  • 1 Year
  • 12-Apr-23
  • 13909.17
  • 39.09%
  • 39.09%
  • 41.68%
  • 130/221
  • 3 Year
  • 12-Apr-21
  • 18898.86
  • 88.99%
  • 23.64%
  • 23.45%
  • 80/215
  • 5 Year
  • 12-Apr-19
  • 24844.65
  • 148.45%
  • 19.96%
  • 19.16%
  • 81/209
  • Since Inception
  • 26-Dec-08
  • 139776
  • 1297.76%
  • 18.81%
  • 16.91%
  • 53/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-May-23
  • 120000
  • 139236.95
  • 16.03%
  • 16.03%
  • 3 Year
  • 03-May-21
  • 360000
  • 494347.59
  • 37.32%
  • 11.15%
  • 5 Year
  • 02-May-19
  • 600000
  • 1118866.14
  • 86.48%
  • 13.27%
  • 10 Year
  • 02-May-14
  • 1200000
  • 3076482.27
  • 156.37%
  • 9.87%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    3.70%
  • Beta
    0.90%
  • Sharpe Ratio
    1.13%
  • Treynor’s Ratio
    0.15%
  • Jension’s Alpha
    3.78%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 5.94%
  • 3400000
  • 371.72
  • Equity
  • Banks
  • HDFC Bank
  • 5.44%
  • 2350000
  • 340.26
  • Equity
  • Banks
  • Reliance Industr
  • 5.23%
  • 1100000
  • 326.89
  • Equity
  • Refineries
  • Axis Bank
  • 3.68%
  • 2200000
  • 230.38
  • Equity
  • Banks
  • Infosys
  • 3.35%
  • 1400000
  • 209.73
  • Equity
  • IT - Software
  • St Bk of India
  • 2.89%
  • 2400000
  • 180.56
  • Equity
  • Banks
  • Bharti Airtel
  • 2.51%
  • 1275000
  • 156.65
  • Equity
  • Telecomm-Service
  • Tata Motors
  • 2.22%
  • 1400000
  • 138.99
  • Equity
  • Automobile
  • NTPC
  • 2.15%
  • 4000000
  • 134.32
  • Equity
  • Power Generation & Distribution
  • Jindal Steel
  • 2.04%
  • 1500000
  • 127.37
  • Equity
  • Steel

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Quant ELSS Tax Saver Fund - Direct (IDCW)
  • Stars
  • 8341.96
  • 4.92%
  • 12.49%
  • 34.23%
  • 62.62%
  • 33.94%
  • Quant ELSS Tax Saver Fund - Direct (G)
  • Stars
  • 8341.96
  • 4.92%
  • 12.48%
  • 34.23%
  • 62.62%
  • 33.93%
  • SBI Long Term Equity Fund - Direct (IDCW)
  • Stars
  • 21976.26
  • 3.39%
  • 11.99%
  • 30.68%
  • 61.43%
  • 30.18%
  • SBI Long Term Equity Fund - Direct (G)
  • Stars
  • 21976.26
  • 3.39%
  • 11.99%
  • 30.68%
  • 61.43%
  • 30.14%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
  • Stars
  • 3205.13
  • 7.70%
  • 9.11%
  • 29.33%
  • 59.79%
  • 27.24%

News

  • Bandhan Multi Asset Allocation Fund & Bandhan Arbitrage Fund Announces change in exit load structure Bandhan Mutual Fund has announced change in exit load structure under Bandhan Multi Asset Allocation Fund and Bandhan Arbitrage Fund with effect from April 1, 2024 (?Effective Date?)

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    Bandhan Multi Asset Allocation Fund ? For 10% of investment: NIL
    ? For remaining investment: 0.5% if redeemed/ switched out within 30 days from the date of allotment.
    ? For 10% of investment: NIL
    ? For remaining investment:
    0.50% if redeemed/ switched out within 1 year from the date of allotment.
    If redeemed/switched out after 1 year from the date of allotment - NIL
    Bandhan Arbitrage Fund ? If redeemed/switched out on or before 1 month from the date of allotment - 0.25%
    ? If redeemed/switched out after 1 month from the date of allotment - NIL
    ? If redeemed/switched out on or before 15 days from the date of allotment - 0.25%
    ? If redeemed/switched out after 15 days from the date of allotment -NIL

    Powered by Capital Market - Live News

  • Bandhan Floating Rate Fund Announces change in Fund Manager Bandhan Mutual Fund has announced the change in Fund Manager for the following scheme with effect from March 14, 2024.

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager Revised Fund Manager(s)
    Bandhan Floating Rate Fund Mr. Suyash Choudhary Mr. Brijesh Shah and Mr. Debraj Lahiri

    Powered by Capital Market - Live News

  • Bandhan Mutual Fund Announces change in Equity Fund Manager Three Schemes Bandhan Mutual Fund has announced the change in Fund Manager for the following scheme with effect from February 26, 2024.

    Change in Fund Manager of the Scheme:

    Scheme Name Current Fund Manager(s) Proposed Fund Manager(s)
    Bandhan Midcap Fund Equity Portion: Ms. Ritu Modi

    Foreign investment: Ms. Ritika Behera

    Equity Portion: Ms. Ritu Modi and Mr. Harsh Bhatia

    Foreign investment: Ms. Ritika Behera

    Bandhan Core Equity Fund Equity Portion: Mr. Manish Gunwani and Mr. Rahul Agarwal

    Foreign investment: Ms. Ritika Behera

    Equity Portion: Mr. Manish Gunwani and Mr. Rahul Agarwal and Mr. Harsh Bhatia

    Foreign investment: Ms. Ritika Behera

    Bandhan Small Cap Fund Equity Portion: Mr. Manish Gunwani and Mr. Kirthi Jain

    Foreign investment: Ms. Ritika Behera

    Equity Portion: Mr. Manish Gunwani and Mr. Kirthi Jain and Mr. Harsh Bhatia

    Foreign investment: Ms. Ritika Behera

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Dec-2008
  • Total AUM (Cr) ₹6252.84

Bandhan ELSS Tax Saver Fund (G) is an ELSS-oriented fund from the renowned AMC, Bandhan Mutual Fund. Launched in Dec 2008, this fund is managed by Daylynn Pinto. With assets under management (AUM) worth ₹6252.84 (Cr), as of 12-Apr-2024, Bandhan ELSS Tax Saver Fund (G) is categorized as a ELSS within its segment. The fund has generated a return of 18.81% since its launch.
The current NAV of Bandhan ELSS Tax Saver Fund (G) is ₹139.78, as on 12-Apr-2024. The fund’s benchmark index is S&P BSE 500 TRI. You can invest in Bandhan ELSS Tax Saver Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
NIL. (effect from 04.09.2009)
The fund has generated 23.64% and 19.96% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.67% in Equity, 5.86% in Debt and -0.53% in cash and cash equivalents
The top 5 sectors the fund invests in are: 19.48% in Banks, 9.11% in IT-Software, 8.33% in Pharmaceuticals & Biotech, 5.9% in Petroleum Products and 5.46% in Automobiles.

FAQs on Bandhan ELSS Tax Saver Fund (G)

Bandhan ELSS Tax Saver Fund (G) is a popular fund in the ELSS segment. The fund has generated a return of 18.81% since inception. Looking to invest in Bandhan ELSS Tax Saver Fund (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Bandhan ELSS Tax Saver Fund (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bandhan ELSS Tax Saver Fund (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bandhan ELSS Tax Saver Fund (G) today and reap the benefits of this ELSS fund!

In the short term, i.e., 1 year, Bandhan ELSS Tax Saver Fund (G) has generated annualised return of 39.09%. In the long-term, the fund has generated 23.64% and 19.96% in 3 and 5 years respectively. Since its inception, the fund has generated 18.81% returns.

The expense ratio of Bandhan ELSS Tax Saver Fund (G) Direct Growth is 1.75%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Bandhan ELSS Tax Saver Fund (G) is ₹6252.84 (Cr) as of 12 April 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Bandhan ELSS Tax Saver Fund (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Bandhan ELSS Tax Saver Fund (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bandhan ELSS Tax Saver Fund (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Bandhan ELSS Tax Saver Fund (G). Minimum lumpsum investment Bandhan ELSS Tax Saver Fund (G) is ₹500 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Bandhan ELSS Tax Saver Fund (G) is ₹139.78 as on 12 April 2024.

The 5 biggest stock holdings of Bandhan ELSS Tax Saver Fund (G) are:
ICICI Bank (5.94%), HDFC Bank (5.44%), Reliance Industr (5.23%), Axis Bank (3.68%), Infosys (3.35%)

A majority of Bandhan ELSS Tax Saver Fund (G) 's AUM worth ₹6252.84 (Cr) is invested in these 3 top sectors:

  • Banks: 19.48%
  • IT-Software: 9.11%
  • Pharmaceuticals & Biotech: 8.33%

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