Investment Objective and Approach

The Fund is an Equity Linked Savings Scheme (ELSS) that aims to generate long term capital growth from a diversified equity portfolio and enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961. The fund focuses on building a diversified equity portfolio across market capitalizations to achieve sustainable long-term wealth creation while providing tax-saving benefits to investors.

The Bandhan ELSS Tax Saver Fund has a lock-in period of 3 years. This mandatory lock-in period is the shortest among all Section 80C investment options, making it an attractive choice for tax-saving investments. By investing in Bandhan Mutual Fund's ELSS Funds, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.

The fund's benchmark is NIFTY 500 TRI with NIFTY 50 TRI serving as an addition. The investment strategy involves careful stock selection across various sectors to balance growth potential with risk management.

Fund Managers

Daylynn Pinto is the Current Fund Manager of Bandhan ELSS Tax Saver Fund Direct Plan Growth fund. Mr Daylynn Gerard Paul Pinto holds Post Graduate Diploma in Management (PGDM) and Bachelor's degree in Commerce.

Mr. Pinto has an experience spanning over 12 years in the mutual fund industry.He has been associated with IDFC AMC since October 2016. Prior to joining IDFC AMC, he was associated with UTI Asset Management Company Ltd as Fund Manager, responsible for fund management. (July 2006 to September 2016). His extensive experience in fund management and equity research has been instrumental in managing the portfolio effectively.

Daylynn Pinto, Senior Fund Manager (Equities) at Bandhan AMC, believes the market has become "slightly more attractive" but only on a stock-to-stock basis rather than a broad-based opportunity.

About the Fund House (AMC)

Before being named Bandhan Mutual Fund, the AMC was named IDFC Mutual Fund and its parent company was IDFC Ltd. Established in 2000, IDFC Mutual Fund was one of the largest Mutual Fund houses in India. In April 2022, a consortium including Bandhan Financial Holding (60%), ChrysCapital (20%), and Singapore's sovereign fund GIC (20%) began the process of acquiring IDFC Asset Management Company, after which IDFC Mutual Fund was rebranded as Bandhan Mutual Fund (in March 2023).

Bandhan Mutual Funds was established in 2000 and is now one of the largest fund houses in India. It offers over 60 mutual fund plans to help individuals grow their wealth over time. The fund house has its presence in 46 cities and has investors from more than 375 towns and cities spread across the country.

The fund house has 52 primary mutual fund schemes of which, 15 are debt schemes, 12 are equity schemes, 5 are hybrid schemes, and 10 from other categories. The AMC has built a strong foundation in the Indian mutual fund industry with robust investment processes and experienced fund management teams.

Should I Invest in Bandhan ELSS Tax Saver Fund?

This fund is suitable for investors looking to combine tax-saving benefits with equity investment potential. Key considerations include:

Positives:

- Tax deduction up to ₹1.5 lakh under Section 80C

- Shortest lock-in period (3 years) among tax-saving investments

- The min. SIP amount to invest in this scheme is ₹500.

- Managed by experienced fund manager with 12+ years expertise

- The alpha ratio for the Bandhan ELSS Tax Saver Fund is 3.99, indicating outperformance

Risk Factors:

- The Bandhan ELSS Tax Saver Fund Direct Plan Growth is rated Very High risk.

- The volatility or standard deviation for the Bandhan ELSS Tax Saver Fund is 12.98

- Equity market risks apply

- Mandatory 3-year lock-in period

The fund is ideal for investors with moderate to high risk tolerance seeking tax benefits along with potential equity returns over the long term.

FAQs

What is today's NAV of Bandhan ELSS Tax saver Fund?

Latest NAV for Bandhan ELSS Tax Saver Fund is at ₹ 176.22. NAV changes daily based on market movements and underlying portfolio performance.

What is the AUM of Bandhan ELSS Tax saver Fund?

The AUM (i.e. assets under management) of Bandhan ELSS Tax Saver Fund is ₹7151.15 Cr as of 10th July 2025.

What is the expense ratio of Bandhan ELSS Tax saver Fund?

The expense ratio of Bandhan ELSS Tax Saver Fund Plan is 0.64 as of 10th July 2025. Direct plans have lower expense ratios compared to regular plans.

What are the returns of Bandhan ELSS Tax saver Fund since inception?

Bandhan ELSS Tax Saver Fund Direct Plan-Growth scheme return performance in last 1 year is 4.19%, in last 3 years is 54.39% and 640.85% since scheme launch.

What is the minimum SIP amount to invest in Bandhan ELSS Tax saver Fund?

The min. SIP amount to invest in this scheme is ₹500. You can also start with a lump sum investment of ₹500.

How do I invest in Bandhan ELSS Tax saver Fund?

You can invest in Bandhan ELSS Tax Saver Fund through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and making payment online.

How to start a SIP in Bandhan ELSS Tax saver Fund?

Create your Allvest account, complete KYC verification, search for Bandhan ELSS Tax Saver Fund, select SIP option, choose monthly amount (minimum ₹500) and SIP date to start investing.

How do I automate an SIP in Bandhan ELSS Tax saver Fund?

Through Allvest, you can set up automatic SIP by enabling auto-debit from your bank account. The chosen amount will be automatically invested monthly on your selected date.

How can I withdraw/redeem my investment in Bandhan ELSS Tax saver Fund?

You can redeem your investment only after completing the mandatory 3-year lock-in period. Post lock-in, you can redeem partially or fully through the Allvest platform with processing typically taking 2-3 working days.