FAQ : Bandhan ELSS Tax Saver Fund - Growth - Direct Plan

Bandhan ELSS Tax Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 29.66 15.62 22.59 16.59
Average Rolling Returns(%) 21.63 18.41 15.95 15.68

The Current NAV of Bandhan ELSS Tax Saver Fund - Growth - Direct Plan is ₹166.48.

You can consider SIP in Bandhan ELSS Tax Saver Fund - Growth - Direct Plan as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Bandhan ELSS Tax Saver Fund - Growth - Direct Plan fund’s expense ratio is 0.64%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Bandhan ELSS Tax Saver Fund - Growth - Direct Plan is currently ₹6,900 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 36% of fund’s portfolio respectively.

Top three sectors of Bandhan ELSS Tax Saver Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and IT accounting for 50% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bandhan ELSS Tax Saver Fund - Growth - Direct Plan Fund is Equity - ELSS.

Daylynn Pinto manages the Bandhan ELSS Tax Saver Fund - Growth - Direct Plan Fund.

Bandhan ELSS Tax Saver Fund - Growth - Direct Plan current PE ratio is 38.20 and PB ratio is 6.37

The asset allocation of Bandhan ELSS Tax Saver Fund - Growth - Direct Plan is Stocks : 95.92%, Debt : 4.06% and Gold : 0%

The minimum SIP amount for Bandhan ELSS Tax Saver Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Bandhan ELSS Tax Saver Fund - Growth - Direct Plan is Nil upto 10% of investment and 0.25% for remaining investment on or before 7 days, Nil after 7 days

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