Bandhan ELSS Tax Saver Fund Direct Plan IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
23.67%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Apr 2024₹41.49
Min. SIP amount₹500
Rating4
Fund size₹6,252.84Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns38.6%23.7%20.7%18.8%
Category average37.7%19.9%17.2%NA
Rank with in category1675NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
FinancialEquity5.94%
FinancialEquity5.44%
EnergyEquity5.23%
FinancialEquity3.68%
TechnologyEquity3.35%
FinancialEquity2.89%
CommunicationEquity2.51%
AutomobileEquity2.22%
EnergyEquity2.15%
Metals & MiningEquity2.04%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 5.27 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.64%

Expense ratio, exit load and tax

Expense ratio: 0.64%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Daylynn Gerard Paul Pinto
Oct 2016 - Present
View details

Education
Mr. Pinto is a B.Com (H) and PGDM.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
NA
Launch Date
20 Dec 1999
E-mail
NA
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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