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Shanta Fixed Income Fund

Stable Returns at Low Risk

About Shanta Fixed Income Fund

Shanta Fixed Income Fund is a mutual fund scheme designed to generate stable returns at minimum risk for investors. It predominantly invests in high-rated fixed income securities (e.g., corporate bonds, government bonds, and money market instruments).

Professional Fund Management

Stable Returns at Minimum Risk

Flexible Payment Options

  • SIP: Monthly instalments starting from BDT 1,000
  • Lump sum: Investment in a single transaction

Tax Rebate for Investment up to BDT 5 Lac/Year

Easy Withdrawal with just a 4-Day Notice Period

CAGR

8.2%

As on 3 October, 2024

NAV

10.766

As on 3 October, 2024

AUM

960 M

As on 3 October, 2024

Inception

2 Years 5 Months

Since Aug 16, 2021

Risk Profile

Buy and Sale Rate

Per Unit Buy or Sale (Surrender) price of Shanta Fixed Income Fund for Regular Investors will be updated after the fund is launched.

DateNAV at Market Price/Unit (BDT) Unit Buy Price (BDT) Redemption Price (BDT) Effective Date
3-October-202410.76610.76610.766October 6 to October 10, 2024

Investment Options

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Lumpsum

Lumpsum: One-time investment

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SIP

SIP: Monthly investment plan, starting from BDT 1000/month

Historical Performance

Dividend History

YearDividend
20210.0%
20222.0%
2023
4.0%






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Performance Calculator

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FeaturesDescription
Name of the FundShanta Fixed Income Fund
NatureOpen-end Fund
Life & size of the FundPerpetual life and unlimited size
Sponsor & Asset ManagementShanta Asset Management Limited (SAML)
TrusteeBangladesh General Insurance Company Ltd. (BGIC)
CustodianBRAC Bank Limited
Initial Size of the FundBDT 10,00,00,000 (Taka Ten Crore) divided into 1,00,00,000 (One Crore) units of BDT 10 (Taka Ten) each.
Face valueBDT 10/- of one unit each
ObjectiveTo generate stables returns for the valued unitholders and provide attractive dividend to unitholders through generating dividend, interest income, capital appreciation and reserve.
Minimum Subscription500 Units per application for individuals
5,000 Units per application for institutions
(Not applicable for SIP Investors)
TransparencyNAV, Sales Price and Repurchase Price will be calculated on a weekly basis and shall be published on the website of the Asset Manager (www.shanta-aml.com) and as prescribed in the Rule
Target GroupIndividuals –both resident and non-resident, institutions–both local and foreign, registered mutual funds, collective investment schemes, trusts and societies/foundations are eligible to apply for investing in the Fund.
DividendBeing an ‘Income Fund’, the Fund shall distribute at least 70% of realized 'Annual Income' of the Fund as dividend in Bangladeshi Taka or CIP (if requested by the investor) only net of provisions in each accounting year.
Dividend DistributionDividend Distribution The dividend warrant will be distributed within 45 (forty-five) days from the date of declaration.
TransferabilityThe Units of the Fund are transferable by way of inheritance/ gift and/ or by specific operation of the law.
Systematic Investment Plan (SIP) facilitySystematic Investment Plan or SIP allows investor to invest a certain predetermined amount at a regular interval (monthly, quarterly, yearly etc.). SIP is a planned approach towards investments and helps to inculcate the habit of saving and building wealth for the future. Investor can start SIP with a very small amount i.e. minimum BDT 1,000 or any multiple of BDT 500/1,000.
Surrender and EncashmentThe unit holders can surrender and encash their unit certificates through the Asset Management Company or through the selling agents appointed by the AMC during the business hours as specified by the Asset Management Company.
Accounts and informationThe unit holders of the Fund are entitled to receive the Audited Annual Reports of the Fund along with the yearly, half-yearly and quarterly statements of accounts as and when published from the official website of Asset Management Company.
Tax BenefitIncome will be tax free up to certain level, which is permitted as per Finance Act of Bangladesh.
Allowable / Eligible InvestmentInvestment in the Mutual Fund will qualify for investment tax credit according to the Section 44(2) under Income Tax Ordinance, 1984
  • Statement & Portfolio
  • Forms & Documents
  • PSI
  • 2024
  • 2023
  • 2022
  • 2021