myplexus

NFO Monitor

Fund Fact

Name of Funds:

Bandhan Retirement

Opening:

28th September 2023

Closing:

12th October 2023

Minimum Investment:

Rs.1,000/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals.

Benchmark:

BSE 500

Fund Manager:

Viraj Kulkarni, Gautam Kaul, Nishita Shah

Asset Allocation

50-100% Equity upto 50% Money Market

upto 50% Debt upto 10% Others

Comparable existing schemes

ICICI Prudential Retirement Fund	18.14(6M)	18.04(1Y)
Union Retirement Fund	17.71(6M)	15.60(1Y)

Fund Prognosis

Idea Distiller

Aimed for making a retirement corpus based on dynamic numeric based allocation depending on multiple factors.

Fund House AAUM:
Rs 12474161.44 Lakhs(as on 30th September 2023)
Fund Manager:
Combined experience of above 20 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

An hybrid offering with a new name. I am very skeptical of maths based long term investing and asset allocation too.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028