The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.
Bandhan Low Duration Fund - Direct Plan - Periodic IDCW charges 0.25% of sell value; if fund sold before 15 days. There are no other charges.
Any profit will be clubbed with your income and taxed at your effective tax rate.