3 Year return

0
Launched on July 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1234.74 Cr.

Expense Ratio

0.59% (inclusive of GST)

Exit Load

1% - If redeemed/switched-out within 1 year from the date of allotment. Nil - If redeemed/switched-out after 1 year from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Bandhan Mutual Fund Managers

SR

Sachin Relekar

Fund Manager since Jul 2022

View Details

Fund House Details

Bandhan Mutual Fund

Bandhan Mutual Fund Asset management company

AUM ₹137,354.53 Cr.
No. of Schemes 274
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bandhan Mutual Fund

List of mutual fund schemes by AMC

About IDFC Midcap Fund Growth Direct Plan

IDFC Midcap Fund Growth Direct Plan is an open-ended equity mutual fund plan that is offered through IDFC Mutual Fund. The fund falls within the category of mid-cap funds, as the majority of equity invested in this fund is with stocks of mid-cap companies. The fund invests the rest in large and small-cap funds. By availing of a direct plan, you can circumvent potentially costly expense ratios that you may have to incur due to certain intermediaries.

Investment Objective of the Scheme

The main investment objective of the IDFC Midcap Fund Growth Direct Plan is to gain capital appreciation by primarily investing in equity instruments of hand-picked mid-cap companies. The fund may include mid-cap companies with robust growth prospects so that investors may reap rich returns. The fund is concentrated in nature, in that it targets fundamentally strong mid-cap company stocks which may possibly see outperformance relative to the wider market.

Key Features of The Fund

5-year return NA
Expense Ratio 0.59%
Fund Manager Sachin Relekar
Fund Size ₹1234.74 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you desire exposure to targeted mid-sized companies with the prospect of higher potential for growth than some of the large caps, this fund can be considered by you. Also, if you believe that certain mid-caps are in their growth stages, and can possibly grow further, you may think of investing in IDFC Midcap Fund Growth Direct Plan. Additionally, if you have the ability to remain invested to see potential growth, you may find this investment suitable.

AMC Contact Details

Name Bandhan Mutual Fund
Launch Date 13 March 2000
Addresss 6th Floor, Tower 1C, One World Center, Jupiter Mills Compound, 841 Senapati Bapat Marg, Mumbai - 400013
Contact 1-800-2666688/1-800-30066688/ 044-30463501 (for international calls)
Email investormf@bandhanamc.com
Website https://bandhanmutual.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Reach Your Goals Faster with SIP

Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.

FAQs

What is today's NAV of Bandhan Midcap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bandhan Midcap Fund Jun 21 2024 is 17.236

What is the AUM of Bandhan Midcap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bandhan Midcap Fund is 1234.74 crore.

What is the expense ratio of Bandhan Midcap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bandhan Midcap Fund is 0.59%

What are the returns of Bandhan Midcap Fund since inception?

The Bandhan Midcap Fund was launched on Jul 28 2022. The fund has delivered a CAGR of 34.35 since inception.

What is the minimum SIP amount to invest in Bandhan Midcap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bandhan Midcap Fund is 100.

How do I invest in Bandhan Midcap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bandhan Midcap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bandhan Midcap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bandhan Midcap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.