BANDHAN Money Manager Fund -Direct Plan-Growth

Q: What kind of returns does BANDHAN Money Manager Fund -Direct Plan-Growth provide?

BANDHAN Money Manager Fund -Direct Plan-Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. BANDHAN Money Manager Fund -Direct Plan-Growth had a return of 7.77% over the past 1 year.

Q: How much expense ratio is charged by BANDHAN Money Manager Fund -Direct Plan-Growth?

The expense ratio for BANDHAN Money Manager Fund -Direct Plan-Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 27 Jan 2025, the expense ratio charged by BANDHAN Money Manager Fund -Direct Plan-Growth is typically around 1.89 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of BANDHAN Money Manager Fund -Direct Plan-Growth?

As of 27 Jan 2025, the Assets Under Management (AUM) of BANDHAN Money Manager Fund -Direct Plan-Growth is approximately ₹9607.7605 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of BANDHAN Money Manager Fund -Direct Plan-Growth?

The Net Asset Value (NAV) of BANDHAN Money Manager Fund -Direct Plan-Growth is updated daily and reflects the per-unit value of the fund's assets. As of 27 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of BANDHAN Money Manager Fund -Direct Plan-Growth?

The PE ratio for BANDHAN Money Manager Fund -Direct Plan-Growth is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of BANDHAN Money Manager Fund -Direct Plan-Growth?

The exit load for BANDHAN Money Manager Fund -Direct Plan-Growth is 1% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Debt

NAV

₹ 42.14

CAGR (3 Years)

6.72%

AUM (Cr)

₹ 9,607.76

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

87.63%

Govt. Securities

32.08%

T Bills

22.50%

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.