3 Year return

0
Launched on January 2024 (0 year)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

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Your Investment ₹3,00,000
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  • Total Value

Risk Involved

scale

Your principal will be at

High Risk

Scheme Information

Asset Under Management

₹1777.87 Cr.

Expense Ratio

0.42% (inclusive of GST)

Exit Load

For 10% of investment: Nil For remaining investment: 0.50% if redemed/ switched out within 1 year from the date of allotment. If redeemed/switched out after 1 year from the date of allotment - Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Bandhan Mutual Fund Managers

VK

Viraj Kulkarni

Fund Manager since Jan 2024

Fund House Details

Bandhan Mutual Fund

Bandhan Mutual Fund Asset management company

AUM ₹157,023.40 Cr.
No. of Schemes 281
Setup Date 13 March 2000

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Quant Multi Asset Fund

23.68%

4

ICICI Prudential Multi Asset Fund

19.9%

5

HDFC Multi Asset Fund

14.36%

4.5

Schemes by Bandhan Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return NA
Expense Ratio 0.42%
Fund Manager Viraj Kulkarni
Fund Size ₹1777.87 Cr
Risk Profile High

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.

Invest Regularly, Achieve Your Goals with SIPs

Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.

FAQs

What is today's NAV of Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment Nov 06 2024 is 11.8488

What is the AUM of Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment is 1777.87 crore.

What is the expense ratio of Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment is 0.42%

What are the returns of Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment since inception?

The Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment was launched on Jan 10 2024. The fund has delivered a CAGR of 18.49 since inception.

What is the minimum SIP amount to invest in Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Bandhan Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

  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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

  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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

  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 Multi Asset Allocation Fund Direct Plan IDCW Reinvestment?

  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.