3 Year return
18.12%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6432.29 Cr.
Expense Ratio
0.64% (inclusive of GST)
Exit Load
NIL. (effect from 04.09.2009)
Tax Implications
Withdrawal within 1 year
Not applicable as these investments cannot be sold before the 3 year lock-in period
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
Bandhan Mutual Fund Managers
DP
Daylynn Pinto
Fund Manager since Oct 2022
Fund House Details
Bandhan Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant ELSS Tax Saver Fund IDCW Direct Plan Payout |
28.86% |
3.5 |
SBI Long Term Equity Fund Direct Plan IDCW Payout |
27.91% |
5 |
Bank of India ELSS Tax Saver Direct Plan IDCW Payout |
25.29% |
3 |
Schemes by Bandhan Mutual Fund
List of mutual fund schemes by AMC
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Daily IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Payout
Other . FoFs Domestic
Bandhan All Seasons Bond Fund Direct Plan Fortnightly IDCW Reinvestment
About IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Payout
IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Payout is an equity-linked savings scheme (ELSS) managed by IDFC Mutual Fund. It is a direct plan, which means that you will pay lower fees than if you invested in a regular plan. The fund is a member of the tax-saving category, which means that it is eligible for tax benefits under Section 80C of the Income Tax Act, 1961.
Investment Objectives of the Scheme
The investment objective of IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Payout is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund seeks to achieve its objective by investing in stocks that are expected to grow at a faster pace than the overall market. The fund also invests in a mix of large-cap, mid-cap, and small-cap stocks to reduce risk.
Key Features of The Fund
5-year return | 19.13% |
Expense Ratio | 0.64% |
Fund Manager | Daylynn Pinto |
Fund Size | ₹6432.29 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
IDFC Tax Advantage (ELSS) Fund Direct Plan IDCW Payout is a good option for investors who are looking for a tax-efficient investment with the potential for long-term growth. The fund is suitable for investors who have a moderate risk tolerance and are looking for an investment that can help them save taxes and achieve their long-term financial goals.
AMC Contact Details
Name | Bandhan Mutual Fund |
Launch Date | 13 March 2000 |
Addresss | 6th Floor, Tower 1C, One World Center, Jupiter Mills Compound, 841 Senapati Bapat Marg, Mumbai - 400013 |
Contact | 1-800-2666688/1-800-30066688/ 044-30463501 (for international calls) |
investormf@bandhanamc.com | |
Website | https://bandhanmutual.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Enhance the Creation of Long-Term Wealth With SIPs
FAQs
What is today's NAV of Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
What is the AUM of Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
What is the expense ratio of Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
What are the returns of Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
How do I invest in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bandhan ELSS Tax Saver Fund Direct Plan IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.