BANDHAN ELSS Tax Saver Fund - Regular Plan - Growth

Fund House: Bandhan Mutual Fund
Category: Equity: ELSS
Launch Date: 26-12-2008
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
TER: 1.76% As on (31-01-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 5,976.05 Cr As on (31-01-2024)
Turn over: 25% | Exit Load: Nil

136.823

18.81%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 8 Months
6 Years 2 Months
8 Years 5 Months
12 Years 9 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to build a diversified portfolio comprising of stocks of companies with strong fundamentals that are available at reasonable valuations. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.

Current Asset Allocation (%)

Indicators

Standard Deviation 14.24
Sharpe Ratio 1.4
Alpha 4.71
Beta 0.95
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
BANDHAN ELSS Tax Saver Fund - Regular Plan - Growth 26-12-2008 38.43 21.84 22.59 21.63 18.67
Quant ELSS Tax Saver Fund - Growth Option - Regular Plan 01-04-2000 58.99 31.07 32.83 32.84 26.13
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 58.07 33.18 26.86 22.4 17.64
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 25-02-2009 53.61 26.12 24.48 26.15 19.22
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option 05-01-2015 52.51 27.34 23.14 20.76 -
ITI ELSS Tax Saver Fund - Regular Plan - Growth Option 18-10-2019 50.17 25.8 17.8 - -
HDFC ELSS Tax saver - Growth Plan 05-03-1996 45.22 29.09 25.77 19.14 16.51
JM ELSS Tax Saver Fund (Regular) - Growth option 31-03-2008 44.98 22.91 20.89 20.92 19.02
Franklin India ELSS Tax Saver Fund-Growth 05-04-1999 44.57 23.59 21.77 18.7 17.26
WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth 14-10-2022 44.11 - - - -

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

16.41%

Others

5.31%

Large Cap

63.45%

Mid Cap

14.83%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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