Bandhan Retirement Fund - Direct Plan
An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
What is a Retirement Fund?
Planning for retirement is like planting a tree; you nurture it over time so it can provide shade and security in your golden years. Retirement funds allow investors to save and grow their wealth over time, aiming to provide a steady income during retirement. Mutual fund retirement plans generate potential income through investments in equities, debt, and other instruments.
The main goal of a retirement fund is to provide a steady income post-retirement. Investors can withdraw a minimum of ₹200 monthly through a Systematic Withdrawal Plan (SWP). However, the Bandhan Retirement Fund has a lock-in period of 5 years or until the investor reaches retirement age, making it less liquid.
While there are several retirement investment options available, mutual fund retirement plans allow investors to save and receive money periodically and potentially enable capital appreciation in the long term. Retirement funds aim to serve the dual purpose of investment and retirement planning.
The Bandhan Retirement Fund invests in equities, debt, and money market instruments, making it a higher-risk option. Investors can choose between SIP or lumpsum investments to work towards their financial goals.
- Min Investment 1,000
- Min SIP Amount 100
- Exit Load
Nil (but there is a lock-in of 5 years or retirement age (60 years) whichever is earlier)
For your retirement goal
Tier 1 Benchmark : CRISIL Hybrid 50+50 - Moderate IndexAlternate Benchmark : Nifty 50 TRI
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Performance as on 31st October 2024
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 12/10/2023 Since inception | 1 year | 3 year | 5 year | 10 year | 12/10/2023 Since inception | |
| Bandhan Retirement Fund - Regular Plan - Growth | 22.92 | N.A. | N.A. | N.A. | 19.85 | 12,299 | N.A. | N.A. | N.A. | 12,105 |
| 21.79 | 10.61 | 13.31 | 11.35 | 18.72 | 12,185 | 13,535 | 18,694 | 29,329 | 11,984 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Mr. Vishal Biraia (w.e.f 24/01/2024) & Mr. Gautam Kaul (w.e.f 19/10/2023)
View fund performance of other funds managed by Mr. Vishal Biraia, Mr. Gautam Kaul
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
Bandhan Retirement Fund
(Scheme Risk-o-meter)
CRISIL Hybrid 50+50 - Moderate Index
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking*:
• Capital appreciation and income generation over long term.
• A hybrid scheme with investment in equity and equity related instruments as well as debt and money market instruments.
Who Should Invest in Mutual Funds for Retirement?
Retirement-focused mutual funds aim for long-term capital appreciation and income generation. Since the Bandhan Retirement Fund invests partly in equities, it is subject to market volatility and is considered a higher-risk option.
Retirement funds are designed for potential long-term capital growth and income generation, making them ideal for investors focused on both equity and debt investments as part of their retirement planning.
With a 5-year lock-in or until retirement age, the Bandhan Retirement Fund is not a liquid option and is unsuitable for short-term investors.
FAQs on Bandhan Retirement Fund
What is a retirement fund?
A retirement fund is an investment option that allows investors to save their income for their retirement. Retirement funds may potentially offer investors with a regular income after their retirement.
What is a retirement savings plan?
A retirement savings plan attempts to invest funds in different assets. These assets aim to have the potential to provide returns over the long-term and potentially sustain the investor during their retirement.
Why invest in a retirement fund?
Retirement funds attempt to provide investors with a regular source of income once they retire. As the life expectancy is rising, retirees may require funds for daily expenses and medical bills. By investing in retirement funds, investors can ensure they have some source of income when they are not actively working and reduce their chances of debt.
What are retirement investment options in India?
Pension plans, National Pension Scheme (NPS), Unit Linked Insurance Plans (ULIPs), Retirement Mutual Funds, Health Insurance, Public Provident Fund (PPF) are some retirement investment options in India. Investors may choose to invest in multiple different options on the basis of their risk tolerance.
What is retirement investing?
Retirees may choose to invest funds in equity and debt securities for their retirement and receive the potential returns after they retire. Retirees with surplus income may invest while they are retired to gain potential income or transfer the potential returns to a nominee.