Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Manish Gunwani
Mr. Gunwani is a B.Tech. and PGDM.
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon India Mutual Fund, ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Bandhan Contra Fund is ₹9.5 as of 2026-10-12.
Bandhan Contra Fund is classified as a Value Oriented fund.
Bandhan Contra Fund is managed by Bandhan Mutual Fund.
The Assets Under Management (AUM) of Bandhan Contra Fund is ₹1,711.91 Cr.
The expense ratio of Bandhan Contra Fund is 3.94%.
Bandhan Contra Fund is managed by Manish Gunwani.
The minimum SIP investment for Bandhan Contra Fund is ₹100.
The exit load for Bandhan Contra Fund is 0.5%.
As per the SEBI Riskometer, Bandhan Contra Fund carries a Very High risk level.
Bandhan Contra Fund has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-10-12.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
