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  • Bandhan Tax Advantage ELSS Fund (Growth)

Formerly IDFC Tax Advantage (ELSS) Reg Gr

Bandhan Mutual Funds

Bandhan Tax Advantage ELSS Fund (Growth)

EquityTax Saving
Top Ranked

119.508

NAV (Sep 29)

16.9%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.Save tax combined with inflation beating long term growth
Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

119.508

NAV (Sep 29)

Fund Returns

Last 1Y
23.6%
Last 3Y
31.4%
Last 5Y
16.9%
Last 10Y
18.6%
Since Inception
18.3%
6 Month CAGR
23.5%

Scheme Information

Investment Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

Expense Ratio
1.8
Launched (15y ago)
Dec 26, 2008
AUM in Crores
5073.133
ISIN
INF194K01292
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
15.2
Standard Deviation (5yr)
22.3
Beta (3yr)
0.97
Beta (5yr)
1.11
Sharpe Ratio (3yr)
1.515
Sharpe Ratio (5yr)
0.513
YTM
0
Fund Managers

Nishita Shah

Fund Manager

Daylynn Pinto

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Tax Advantage ELSS Fund (Growth)70%11,19,360 3,86,74816.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-09-29

Top Stock Holdings

icici bank ltd

7.2%
7.2%

hdfc bank ltd

5.6%
5.6%

reliance industries ltd

4.3%
4.3%

triparty repo

4.1%
4.1%

axis bank ltd

3.8%
3.8%
See all holdings

Allocation by Sector

financial services

26.5%
26.5%

industrials

15.1%
15.1%

consumer cyclical

13.3%
13.3%

basic materials

10.6%
10.6%

technology

8.4%
8.4%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 17,630 cr

₹ 11,197 cr

₹ 11,862 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 125,967 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 30 equity,166 debt and 27 hybrid funds.amc-img
022-66289999
NVESTORMF@bandhanamc.com
Fund NameScripbox Opinion
Till Date CAGR

-

4.8%

-

4.7%

-

4.7%

-

4.7%

37.1%

16.8%

Bandhan Tax Advantage ELSS Fund (G) Review

Bandhan Tax Advantage ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 18.3% over a period of 14 years. The fund was previously known as IDFC Tax Advantage (ELSS) Reg Gr. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Daylynn Pinto, Nishita Shah.

Nav of Bandhan Tax Advantage ELSS Fund (G) as of 9/29/2023 is ₹119.51 with the total AUM as of 9/30/2023 is ₹5073.133. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Tax Advantage ELSS Fund (G) was launched on Dec 26, 2008. The category risk of the fund is Very High Risk.

The minimum SIP amount for Bandhan Tax Advantage ELSS Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

Bandhan Tax Advantage ELSS Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.

Bandhan Tax Advantage ELSS Fund (G) is rated as a 4 fund in Equity and delivered 23.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Tax Advantage ELSS Fund (G).

Frequently Asked Questions

What is Bandhan Tax Advantage ELSS Fund (G)?

Bandhan Tax Advantage ELSS Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Bandhan Tax Advantage ELSS Fund (G)?

You can invest in Bandhan Tax Advantage ELSS Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bandhan Tax Advantage ELSS Fund (G)?

The minimum sip amount for Bandhan Tax Advantage ELSS Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Bandhan Tax Advantage ELSS Fund (G) good to invest in?

As per Scripbox experts, Bandhan Tax Advantage ELSS Fund (G) is a Top Ranked fund. You can investBandhan Tax Advantage ELSS Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bandhan Tax Advantage ELSS Fund (G)?

The expense ratio of the Bandhan Tax Advantage ELSS Fund (G) is 1.8% for regular plan.