As on 21 Nov 2024
BANDHAN Money Manager Fund -Direct Plan-Growth
DebtNAV
₹ 41.61
CAGR (3 Years)
6.52%
AUM (Cr)
₹ 11,810.12
Risk
Low to Moderate Risk
About BANDHAN Money Manager Fund -Direct Plan-Growth
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating returns and fixed rate debt and money market instruments
Breakdown of this Fund
Debt Others
70.06%
Govt. Securities
28.11%
T Bills
20.90%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.89
Exit Load
1.00% If Redeemed <= 1 years. NIL - If Redeemed > 1 years.
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.