Can I invest in SIP and Lumpsum in Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Bandhan ELSS Tax Saver Fund - Direct (IDCW). Minimum lumpsum investment Bandhan ELSS Tax Saver Fund - Direct (IDCW) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of Bandhan ELSS Tax Saver Fund - Direct (IDCW) is Bandhan ELSS Tax Saver Fund - Direct (IDCW) is ₹42.99 as on 2025-02-03.

Which are the biggest stock holdings of Bandhan ELSS Tax Saver Fund - Direct (IDCW)?

The 5 biggest stock holdings of Bandhan ELSS Tax Saver Fund - Direct (IDCW) are: HDFC Bank (7.02%), ICICI Bank (5.64%), Reliance Industr (4.81%), Axis Bank (4.06%), Infosys (3.86%)

What are the top sectors Bandhan ELSS Tax Saver Fund - Direct (IDCW) invests in?

A majority of Bandhan ELSS Tax Saver Fund - Direct (IDCW) 's AUM worth ₹6,822.1 (Cr) is invested in these 3 top sectors: Banks : 20.53% IT-Software : 8.77% Pharmaceuticals & Biotech : 8.70%

Mutual Funds
Bandhan ELSS Tax Saver Fund - Direct (IDCW)

Bandhan ELSS Tax Saver Fund - Direct (IDCW)

ELSS

Invest Now

NAV
42.99(-0.47%)
Fund Size (CR)
₹6,822.1
Expense Ratio
0.66
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
17.62%

Absolute Return: -4.63%

Annualized Return: 0%

Basic Details

Scheme Manager

Daylynn Pinto

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	27 January 2025	10249.40	2.49%	-	2.50%	108/225
1 Month	3 January 2025	9496.51	-5.03%	-	-6.88%	57/225
3 Month	31 October 2024	9464.95	-5.35%	-	-6.25%	98/225
6 Month	2 August 2024	9176.41	-8.24%	-	-6.80%	161/225
1 Year	2 February 2024	10544.52	5.45%	5.45%	10.58%	178/225
3 Year	3 February 2022	14494.25	44.94%	13.17%	14.58%	136/215
5 Year	3 February 2020	26948.36	169.48%	21.93%	19.94%	54/215
Since Inception	2 January 2013	71172.79	611.73%	17.62%	15.46%	59/229

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2024	1,20,000	240303.49	100.25%	100.25%
3 Year	2 March 2022	3,60,000	850413.79	136.23%	33.18%
5 Year	3 February 2020	6,10,000	1824118.71	199.04%	24.49%
10 Year	2 March 2015	12,00,000	4608876.39	284.07%	14.40%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.32%

Standard Deviation

0.97%

Beta

0.58%

Sharpe Ratio

0.05%

Treynor's Ratio

0.23%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	7.02%	2700000	478.67	Equity	Banks
ICICI Bank	5.64%	3000000	384.50	Equity	Banks
Reliance Industr	4.81%	2700000	328.17	Equity	Refineries
Axis Bank	4.06%	2600000	276.82	Equity	Banks
Infosys	3.86%	1400000	263.20	Equity	IT - Software
TCS	3.00%	500000	204.74	Equity	IT - Software
Bharti Airtel	2.33%	1000000	158.78	Equity	Telecomm-Service
Jindal Steel	2.05%	1500000	139.60	Equity	Steel
CG Power & Ind	2.03%	1900000	138.32	Equity	Capital Goods - Electrical Equipment
Larsen & Toubro	1.85%	350000	126.27	Equity	Infrastructure Developers & Operators

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Bandhan ELSS Tax Saver Fund - Direct (IDCW)	6822.10	-5.03%	-5.35%	-8.24%	5.45%	13.17%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	366.59	-6.77%	-4.45%	0.93%	33.84%	17.50%
SBI Long Term Advantage Fund - Series V -Dir (G)	366.59	-6.77%	-4.45%	0.93%	33.84%	17.50%
Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)	4414.88	-15.45%	-9.65%	-3.78%	22.47%	21.73%
Motilal Oswal ELSS Tax Saver Fund-Dir (G)	4414.88	-15.45%	-9.65%	-3.78%	22.47%	21.73%
LIC MF ELSS Tax Saver - Direct (G)	1149.78	-6.63%	-2.50%	-2.64%	21.05%	14.89%

News

Bandhan MF Announces Income Distribution cum Capital Withdrawal (IDCW) under Two schemes
Bandhan Mutual Fund has announced 30 December 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Bandhan Balanced Advantage Fund:
Regular Plan ' IDCW: 0.230
Direct Plan ' IDCW: 0.263
Bandhan Hybrid Equity Fund:
Regular Plan ' IDCW: 0.3010
Direct Plan ' IDCW: 0.3370
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Bandhan Mutual Fund announces change in scheme name
Bandhan Mutual Fund has announced change in scheme name under the following scheme, With effect from 28 January 2025
Change in the name of the Scheme:

Existing Scheme name Revised Name

Bandhan All Seasons Bond Fund Bandhan Income Plus Arbitrage Fund of Funds

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Existing Scheme name	Revised Name
Bandhan All Seasons Bond Fund	Bandhan Income Plus Arbitrage Fund of Funds

Bandhan MF announces change in Fund Manager of the following scheme

Bandhan Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 02 December 2024

Change in Fund Managers of the Schemes:

Scheme Name	Existing Fund Manager(s)	Revised Fund Manager(s)
Bandhan Large Cap Fund	Mr. Sumit Agrawal Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Mr. Manish Gunwani and Mr. Prateek Poddar Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Focused Equity Fund	Mr. Sumit Agrawal Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Mr. Manish Gunwani, Mr. Kirthi Jain and Mr. Rahul Agarwal Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Financial Services Fund	Equity portion: Mr. Sumit Agrawal and Mr. Harshvardhan Agarwal Debt Portion: Mr. Harshal Joshi Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Equity portion: Ms. Ritu Modi and Mr. Harshvardhan Agarwal Debt portion: Mr. Harshal Joshi Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Balanced Advantage Fund	Equity Portion: Mr. Manish Gunwani and Mr. Prateek Poddar. Debt Portion: Mr. Brijesh Shah Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra Debt overseas investment portion: Mr. Brijesh Shah	Equity Portion: Mr. Manish Gunwani and Mr. Vishal Biraia. Debt Portion: Mr. Brijesh Shah Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra Debt overseas investment portion: Mr. Brijesh Shah
Bandhan Retirement Fund	Equity Portion: Mr. Vishal Biraia Debt Portion: Mr. Gautam Kaul Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra Debt overseas investment portion: Mr. Brijesh Shah	Equity Portion: Mr. Vishal Biraia and Mr. Viraj Kulkarni Debt Portion: Mr. Gautam Kaul Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra Debt overseas investment portion: Mr. Brijesh Shah
Bandhan Core Equity Fund	Mr. Manish Gunwani, Mr. Rahul Agarwal and Mr. Harsh Bhatia Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Mr. Manish Gunwani and Mr. Rahul Agarwal. Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Small Cap Fund	Mr. Manish Gunwani Mr. Kirthi Jain Mr. Harsh Bhatia. Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Mr. Manish Gunwani Mr. Kirthi Jain Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Midcap Fund	Equity portion: Ms. Ritu Modi and Mr. Harsh Bhatia Debt portion: Mr. Harshal Joshi Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra	Equity portion: Ms. Ritu Modi Debt portion: Mr. Harshal Joshi Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra

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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹6822.10

Bandhan ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, Bandhan Mutual Fund. Launched in 1 January 2013, this fund is managed by Daylynn Pinto. With assets under management (AUM) worth ₹6,822.1 (Cr), as of 3 February 2025, Bandhan ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 17.62% since its launch.
The current NAV of Bandhan ELSS Tax Saver Fund - Direct (IDCW) is ₹42.99, as on 3 February 2025. The fund's benchmark index is BSE 500 TRI. You can invest in Bandhan ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
NIL. (effect from 04.09.2009) The fund has generated 13.17% and 21.93% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 93.54% in Equity, 6.64% in Debt and -0.19% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.53% in Banks, 8.77% in IT-Software, 8.70% in Pharmaceuticals & Biotech, 5.38% in Construction, 5.02% in Petroleum Products

FAQs

How to Invest in Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Bandhan ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 17.62% since inception. Looking to invest in Bandhan ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bandhan ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Bandhan ELSS Tax Saver Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bandhan ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Bandhan ELSS Tax Saver Fund - Direct (IDCW) has generated annualised return of 5.45%. In the long-term, the fund has generated 13.17% and 21.93% in 3 and 5 years respectively. Since its inception, the fund has generated 17.62% returns.

What is the expense ratio of Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The expense ratio of Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth is 0.66%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Bandhan ELSS Tax Saver Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Bandhan ELSS Tax Saver Fund - Direct (IDCW) is ₹6,822.1 (Cr) as of 2025-02-03 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Bandhan ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Bandhan ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Bandhan ELSS Tax Saver Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Bandhan ELSS Tax Saver Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).