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Introducing NFO Opens : 28th September, 2023

Bandhan Retirement Fund NFO Closes : 12th October, 2023

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 DID YOU KNOW?

1 in 3 Indians believe their savings will Urban Indians have not invested for
33% exhaust within 5 years of retirement 40% their retirement so far

Indians above 50 years regret not Indians don’t even know where to
90% starting earlier to save for retirement 24% begin

Source – As per India Retirement Index Study 3.0 survey conducted by Max Life Insurance in partnership with Kantar. 2,093 respondents were surveyed across 28 cities in India. The survey assesses urban India's preparedness to live a
healthy, peaceful, and financially secure retired life. 2
What
Children will Have other
is your It’s a far
away goal take care of priorities like
me buying a car
excuse for
not planning
for your Don’t know
Don’t have a Don’t have
where to enough to save
trusted advisor
retirement? start

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Why is
Retirement Planning
Critical?

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 We are Living Longer
Increased life expectancy means longer retirement

LIFE EXPECTANCY OF INDIANS

90
Previous 80
80 Future
73
Generation

AVERAGE LIFE EXPECTANCY

70
Generation 70
Retirement Age (60) 62
60
53
50

Had to plan for less 40

With an increasing
than 10 years of 30 life span you need
the post-retirement 20 to plan for around
phase 20 years in the
10
retirement phase
0
1980 2000 2020 2040 2086
YEAR

Source – India Life Expectancy 1950-2023 | MacroTrends

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 Inflation is eroding our savings
What Rs. 100 canNFO
buy today
Opens will
: 28th Sept, 2023not be the
NFO Closes same
: 12th Oct, 2023 in the next 10 years

10 Years Ago Today After 10 years After 20 years

Price of Milk 24 64 170 455

(1 Litre)

Price of 1 Kg 100 208 434 906

Apple

Monthly 79,599 1,29,658

₹ 30,000 48,867
expense

Source – Milk Amul Tazaa (1 litre); the current price is from Big Basket. 10 year ago price source: https://timesofindia.indiatimes.com/city/mumbai/amul-hikes-milk-prices-by-rs-2-again/articleshow/29330131.cms (Inflation rate of 10.3%)
For Apple (1kg); the current price is from Big Basket. 10 year ago price source: https://economictimes.indiatimes.com/news/economy/agriculture/a-bumper-apple-crop-saw-prices-crash-to-the-despair-of-the-fruit-
growers/articleshow/24364607.cms?from=mdr (Inflation rate of 7.6%). Monthly expenses are for illustration purposes and the inflation is assumed at 5%
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 Healthcare inflation is a major concern

Source –
1. Healthcare inflation is increasing at double the rate of overall inflation - India Today
2. Cost of treatment doubles in 5 years as medical inflation bites - Times of India (indiatimes.com)
3. India’s Medical Inflation Highest In Asia: Report | Chennai News - Times of India (indiatimes.com)
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Why consider a
dedicated
Retirement Mutual
Fund?

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Helps take control of your cash flow

25-40 years 40-60 years 60 years & beyond

Modify your Withdraw regularly (Via SWP) as well as

investments as your whenever in need
income and
expenses changes Continue to stay invested to generate
Invest
systematically returns on your remaining corpus
(via SIP) as well
as in lumpsum

Investment : SIP + Lumpsum Redemption: SWP + Lumpsum

Wealth Accumulation Wealth Distribution

Define your contribution via SIP; Control your withdrawal via SWP

The above is for illustration purposes only. SIP: Systematic Investment Plan. SWP: Systematic Withdrawal Plan
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Benefit from the growth potential of equity

Retirement is a long term goal and the right asset allocation is critical

15 years ago Today

Investment Final Post tax Post Tax Growth
Benchmark
Amount (Rs.) Value (Rs.) Return (CAGR) Multiple
Traditional retirement products
CRISIL Composite are predominantly overweight on
Bond Index (DEBT)
100,000 246,045 6.2% 2.5 times fixed income allocation
S&P BSE 200 TRI
100,000 533,817 11.8% 5.3 times
(EQUITY)

For long term goals, equity allocation may help generate potentially
higher returns that can beat inflation

The above is for illustration purposes only. Past performance may or may not be sustained in the future. Investment is made on 1st September 2008, and return is calculated on 31st August 2023.
Equity taxation taken is 10%, and debt is 30%.
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 It is never too late, but the sooner you start
the better
Benefit from Compounding

Illustration of Current Market Value of Monthly SIP of Rs.

2000 in Sensex
Rs. 1,28,24,483
Current Market Value of
Monthly SIP of Rs. 2000

Rs. 35,40,484
(Amount in Rs.)

Rs. 7,98,932

SIP started 15 SIP started 25 SIP started 35

years ago years ago years ago

Past performance may or may not be sustained in the future. The above information depicts the performance of BSE Sensex for illustration purposes only. The intention is to highlight the importance of starting early to benefit from
compounding. Image not to scale. All calculations and results are based on a monthly SIP of Rs. 2000 in the Sensex. The starting SIP date for 15 years ago – Sep’08; for 25 years ago is Sep’98; for 35 years ago is Sep’88. Current Market
value is as on 31st August 2023. Since the data of this benchmark is available for a longer history of 35 years, we have used the same for illustration. The Benchmark of Bandhan Retirement Fund is CRISIL Hybrid 50+50 - Moderate
Index. The scheme will follow the investment strategy as per its scheme related documents. 11
Benefits of Retirement Funds

Retirement Mutual Funds have many benefits

Disciplined investing - Convenience of Transparency Diversification across Well-regulated

defined investment via monitoring and Full disclosure of equity and debt for industry
SIP and defined transacting portfolio and relative growth and
withdrawal via SWP expenses relative stability

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Why
Bandhan Retirement
Fund?

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 Bandhan Retirement Fund - Overview

A fund that aims to cushion the downside while aiming to participate in the upside

Dynamic Asset Actively Lock in for 5

Allocation – Model Based years or age 60
managed
Equity & Debt Approach Years (whichever
portfolio
is earlier)

1 2 3 4

Buy low and sell high discipline Benefit from long-term investing

Investment strategy and asset allocation will be as per provisions of SID

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 1 Dynamic allocation: Aims to optimize return and
manage risk
Allocation Range

Equity Debt
Growth Reduces
Potential 65% downside risk
100%
90% The minimum equity
85%
75% holding requirement
70%
of 65% to meet
equity taxation
eligibility is met with
investment in hedged
equity allocation

Equity Exposure Arbitrage Debt Equity (Minimum Gross Equity)

Investment strategy and asset allocation will be as per provisions of SID

The above is for illustration purposes only.

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 1 Importance of Dynamic Allocation

The dynamic allocation helps you not only spend time in the market but also time the market effectively

Buy Low and Sell High Discipline

Difference between investing on the best and worst day

XIRR: 10.1%
Investing on the Best day of the year ₹180,000
Money Grew 2.7X
(peak level) ₹494,079

XIRR: 14.0%
Investing on the Worst day of the year ₹180,000 Money Grew 4.1X
(lowest level) ₹745,291

Amount Invested Return Generated

The above is for illustration purposes only. Investment strategy and asset allocation will be as per provisions of SID. XIRR: Extended Internal Rate of Return
Source – Bandhan MF. Data from 2005 to August 2023 for Nifty 50 Index
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 2 Model-based approach for dynamic allocation

Quantitative Model

5% 10% 15%
25% 35%

60%
55% 50%
40% 30%

VALUATION FUNDAMENTAL TECHNICAL

Real returns, Credit
Nifty 50 trailing PE spreads and Currency Volatility index
valuation

Investment strategy and asset allocation will be as per provisions of SID. PE: Price- Earnings Ratio
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 3 Active Management of Equity
Growth Matters, but Price also Matters

Equity Investment Framework

Leaders + Compounders Mis-priced Cyclical/Undiscovered

• Quality companies with • Cyclical companies at
• Leading franchises with temporary headwinds
long growth runway the bottom of earnings
• Longer-term story cycle
impact • Undiscovered
• Growth justifies • Valuations offer
valuations companies with strong
meaningful delta on growth potential
turnaround

Investment strategy and asset allocation will be as per provisions of SID

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 3 Active Management of Debt

Debt Investment Framework

Quality Duration Allocation mix

• Across various
• Preference for High • Inclination towards instruments like GSec,
Quality building high duration SDL, Corporate Bonds,
portfolio and Money Market
Instruments

Investment strategy and asset allocation will be as per provisions of SID. Gsec: Government Securities. SDL: State Development Loan
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 4 Lock-in aligns with the long-term goal
Traditional investments are prone to being redeemed and spent towards other uses, like buying a house or for vacations.

Investing in a dedicated retirement product helps maintain discipline

Around 50% of equity assets of retail investors do not stay invested for more than 2 years *

Growth of Rs. 1,00,000 1year 2 year 5 year 10 years

At 10% CAGR^ 1,10,000 WWW
1,21,000 1,61,051 2,59,374
Growth in Multiple 1.1
5% 10% 15%
1.2 1.6 2.6
25% If you stay put and let it
compound

Retirement Fund, with a 5-year lock-in feature,

ensures that investor behavior is in sync with their retirement goal.

Source – Bandhan MF. The above performance is for concept explanation and the performance may or may not be sustained in the future. ^we have assumed a conservative return of 10% CAGR, average 5 year return for
CRISIL Hybrid 50+50 - Moderate Index is 11.6%
*AMFI data as on the quarter ended June 2023. 20
Key Takeaways

Helps you invest for one of Tax efficiency through High quality debt portfolio
the most important goals equity allocation

Dynamic Model aims to 5-Year lock-in helps you

participate in the market Access to diversified equity
reap the benefit of
upside while cushioning and debt portfolios in one
compounding
from the potential single scheme
downside
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 NFO Detail

NFO Dates 28th September 2023 to 12th October 2023

The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix
Investment Objective of equity, debt, and other instruments to help investors meet their retirement goals.
There is no assurance or guarantee that the objectives of the scheme will be realised.

Lock in Lock-in of 5 years or till retirement age^ (whichever is earlier)

Fund Managers Mr. Viraj Kulkarni (equity portion) and Mr. Gautam Kaul (debt portion)
Ms. Nishita Shah will be managing overseas investment portion of the scheme.

Benchmark CRISIL Hybrid 50+50 - Moderate Index

Minimum Lumpsum purchase - Rs. 1000/- and in multiples of Re. 1/- thereafter;
Subscription Amount SIP - Rs. 100/- and in multiples of Re. 1 thereafter; [Minimum 6 installments]

Benchmark CRISIL Hybrid 50+50 - Moderate Index

^Retirement age is 60 years

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Disclaimer & Product Label
BANDHAN RETIREMENT FUND
(An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is
earlier))

Scheme Riskometer Benchmark Riskometer

This product is suitable for investors who are seeking*: SO-3

▪ 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

Investors understand that their Investors understand that their *Investors should consult their financial advisers if in doubt about
principal will be at very high risk principal will be at Very High risk
whether the product is suitable for them.
CRISIL Hybrid 50+50 - Moderate
Index

#The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
The Disclosures of opinions/in house views/strategy incorporated herein is provided solely to enhance the transparency about the investment strategy / theme of the Scheme and should not be treated as endorsement of
the views / opinions or as an investment advice. This document should not be construed as a research report or a recommendation to buy or sell any security. This document has been prepared on the basis of information,
which is already available in publicly accessible media or developed through analysis of Bandhan Mutual Fund. The information/ views / opinions provided is for informative purpose only and may have ceased to be current
by the time it may reach the recipient, which should be taken into account before interpreting this document. The recipient should note and understand that the information provided above may not contain all the
material aspects relevant for making an investment decision and the security may or may not continue to form part of the scheme’s portfolio in future. Investors are advised to consult their own investment advisor before
making any investment decision in light of their risk appetite, investment goals and horizon. The decision of the Investment Manager may not always be profitable; as such decisions are based on the prevailing market
conditions and the understanding of the Investment Manager. Actual market movements may vary from the anticipated trends. This information is subject to change without any prior notice. The Company reserves the
right to make modifications and alterations to this statement as may be required from time to time. Neither Bandhan Mutual Fund (formerly known as IDFC Mutual Fund)/ Bandhan Mutual Fund Trustee Limited (formerly
IDFC AMC Trustee Company Limited) / Bandhan AMC Limited (formerly IDFC Asset Management Company Limited), its Directors or representatives shall be liable for any damages whether direct or indirect, incidental,
punitive special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information.

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Thank You

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