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 273
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Bandhan Mutual Fund

List of mutual fund schemes by AMC

About Bandhan Midcap Fund IDCW Direct Plan Payout

Bandhan Midcap Fund, managed by Bandhan Mutual Fund, falls within the midcap funds category, focusing on investments in mid-sized companies that offer growth potential. This direct plan offers the IDCW (Income Distribution and Capital Withdrawal) Payout scheme, ensuring that a portion of the fund's income is distributed to investors at regular intervals. It has an expense ratio that is lower than the category average.

Investment Objective of the Scheme

The fund aims to capitalise on the growth opportunities presented by midcap companies. The scheme's primary objective is to provide investors with the potential for capital appreciation by investing predominantly in midcap companies' stocks. Bandhan Midcap Fund IDCW Direct Plan Payout aims to achieve this by building a portfolio of mid-sized companies that are well-positioned for growth. The fund focuses on generating long-term capital appreciation while also providing regular income through dividends.

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 Good for Me?

If you are interested in capturing the growth potential offered by mid-sized companies and benefit from regular income through dividends, Bandhan Midcap Fund IDCW Direct Plan Payout could be a suitable choice. This fund caters to individuals who seek growth opportunities in the midcap segment and appreciate the added benefit of income generation. However, it's important to note that investments in midcap stocks carry inherent market risks. Before considering this fund, evaluate your investment goals, risk tolerance, and investment horizon. Seeking advice from financial experts can provide personalised insights for informed decisions.

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.

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FAQs

What is today's NAV of Bandhan Midcap Fund IDCW Direct Plan Payout?

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 IDCW Direct Plan Payout Jun 20 2024 is 17.287

What is the AUM of Bandhan Midcap Fund IDCW Direct Plan Payout?

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 IDCW Direct Plan Payout is 1234.74 crore.

What is the expense ratio of Bandhan Midcap Fund IDCW Direct Plan Payout?

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 IDCW Direct Plan Payout is 0.59%

What are the returns of Bandhan Midcap Fund IDCW Direct Plan Payout since inception?

The Bandhan Midcap Fund IDCW Direct Plan Payout was launched on Jul 28 2022. The fund has delivered a CAGR of 34.08 since inception.

What is the minimum SIP amount to invest in Bandhan Midcap Fund IDCW Direct Plan Payout?

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 IDCW Direct Plan Payout is 100.

How do I invest in Bandhan Midcap Fund IDCW Direct Plan Payout?

  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 IDCW Direct Plan Payout?

  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 IDCW Direct Plan Payout?

  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 IDCW Direct Plan Payout?

  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.