3 Year return
18.72%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹7234.92 Cr.
Expense Ratio
0.63% (inclusive of GST)
Exit Load
NIL. (effect from 04.09.2009)
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Bandhan Mutual Fund Managers
DP
Daylynn Pinto
Fund Manager since Oct 2022
Fund House Details
Bandhan Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Long Term Equity Fund |
27.01% |
5 |
Quant ELSS Tax Saver Fund |
24.27% |
3.5 |
Bank of India ELSS Tax Saver |
20.01% |
3 |
Schemes by Bandhan Mutual Fund
List of mutual fund schemes by AMC
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Daily IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Reinvestment
About IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Reinvestment
The IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Reinvestment is an open-ended equity-oriented hybrid mutual fund scheme by IDFC Mutual Fund that aims to provide investors with tax benefits under Section 80C of the Income Tax Act, 1961, while also generating long-term capital appreciation. The fund invests in a mix of equity and debt instruments, with a focus on equity. Being an open-ended scheme, investors can buy or sell fund units at any time during trading hours.
Investment Objectives of the Scheme
The investment objective of the IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Reinvestment is to generate long-term capital appreciation while providing tax benefits under Section 80C of the Income Tax Act, 1961.
Key Features of The Fund
5-year return | 26.05% |
Expense Ratio | 0.63% |
Fund Manager | Daylynn Pinto |
Fund Size | ₹7234.92 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Reinvestment is a suitable investment for investors who are looking for tax benefits under Section 80C and are willing to take on moderate risk. The fund is best suited for investors with a long-term investment horizon of at least 3-5 years. However, it is important to do your own research before investing in any mutual fund scheme.
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) |
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
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How do I invest in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.