Bandhan US Equity Fund of Fund - Direct Plan
An open ended fund of fund scheme investing in units/shares of overseas Mutual Fund Scheme (/s) / Exchange Traded Fund (/s) investing in US Equity securities.
What is an US Equity Fund of Fund?
Imagine investing in some of the biggest companies from the comfort of your home. A US Equity Fund of Fund (FOF) offers access to US equities via a diversified portfolio of international mutual funds and ETFs, bringing a slice of the American market into your portfolio.
A US Equity Fund of Fund (FOF) is an international mutual fund that aims for capital appreciation by investing in overseas mutual funds and ETFs focused on US equities.
A Fund of Fund (FOF) invests in other funds, diversifying across asset classes, market capitalisations, and geographies. A US Equity FOF primarily focuses on international equities, offering investors exposure to the US market with the added benefit of geographic diversification.
Bandhan US Equity FOF is classified as a high-risk mutual fund due to its focus on US equities. While FOFs offer diversification, foreign equity funds are exposed to risks such as currency fluctuations, exchange rate volatility, and political uncertainties, all of which may affect returns.
- Min Investment 1,000
- Min SIP Amount 100
- Exit Load
- 1% of applicable NAV - if the units are redeemed/switched out within 1 year from the date of allotment
- Nil – if the units are redeemed / switched-out after 1 year from the date of allotment
Scheme is suitable for international allocation for a minimum investment horizon of more than 3 years. Investors will bear the recurring expenses of the Scheme in addition to the expenses of the underlying schemes in which investments are made by the Scheme. Maximum total expense ratio as per SEBI guidelines will be 2.25% including the expenses charged by the underlying schemes
Tier 1 Benchmark : Russell 1000 Growth Index^Alternate Benchmark : NA
- Performance
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Performance as on 29th November 2024
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 20/08/2021 Since inception | 1 year | 3 year | 5 year | 10 year | 20/08/2021 Since inception | |
| Bandhan US Equity Fund of Fund - Regular Plan - Growth | 37.69 | 12.84 | N.A. | N.A. | 13.73 | 13,781 | 14,373 | N.A. | N.A. | 15,250 |
| 39.76 | 15.11 | N.A. | N.A. | 16.15 | 13,976 | 15,250 | N.A. | N.A. | 16,338 | |
| 21.43 | 13.59 | 16.21 | 12.23 | 13.70 | 12,149 | 14,662 | 21,208 | 31,741 | 15,236 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Ms. Ritika Behera (w.e.f 07/10/2023) & Mr. Gaurav Satra (w.e.f 07/06/2024)
View fund performance of other funds managed by Ms. Ritika Behera, Mr. Gaurav Satra
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/46xQzi1
^Total Return Net of 30% Withholding Tax
Bandhan US Equity FOF
(Scheme Risk-o-meter)
Russell 1000 Growth Index^
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To create wealth over long term.
- Diversification of returns through investing in a fund mainly investing in units/shares of overseas Mutual Fund Schemes (/s) / Exchange Traded Fund (/s)which invests in US Equity securities
Who Should Invest in an Equity Fund of Funds?
Fund of funds may be a suitable investment option for investors seeking to diversify their portfolio. Investments in US equity and related securities may provide investors with an opportunity to diversify their investment geographically and potentially benefit from investing in international mutual funds and/or Exchange-Traded Funds (ETFs).
With a minimum investment horizon of three years, Bandhan US Equity FOF may be suited for long-term investors seeking wealth creation potential through US equities. It may not be ideal for those with short-term financial goals.
Given the exposure to currency fluctuations, foreign exchange risk, and geopolitical factors, Bandhan US Equity FOF is suited for investors with a high-risk appetite. It's essential to assess your risk tolerance and financial objectives before investing.
FAQs on US Equity Fund of Fund
What is a US equity fund in India?
A US equity fund is an international equities fund that invests in mutual funds and/or ETFs which invest in US equity securities.
What is an equity fund of funds in India?
A fund of fund mutual funds is a pooled investment that invests in other mutual funds. Equity fund of funds invest in mutual funds with equity and equity-related assets.
Why invest in US equity?
Investing in international mutual funds allows investors to potentially benefit from diversification of their investments across different markets. Diversification of funds allows investors to potentially reduce risk of volatile markets.
What is meant by fund of funds?
Fund of funds are a type of investment scheme that invests in other mutual funds. The funds portfolio comprises other types of funds.
Where do International Mutual Funds invest?
International mutual funds invest in securities of international companies. International equity funds invest primarily in equity and equity-related securities of international companies.
What is the benefit of international mutual funds?
Mutual funds investing in foreign stocks allow investors to potentially benefit from the positive cycles in international markets. Investors can diversify their assets by investing in overseas companies at potentially lower costs.
What are the risks of overseas mutual funds?
Overseas mutual funds are vulnerable to foreign exchange risks, currency fluctuations and socio-political tensions. Overseas mutual funds may also have a lower level of liquidity and may not be suitable for investors seeking to liquidate their investments.