Equity
Direct
Index Funds
NAV as on 04-09-2024
₹ 55.36
1D
Inception Returns
14.3%
/yr
Bandhan Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Bandhan Nifty 50 Index Fund Direct Growth has given a CAGR return of 14.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.20%, 14.49% and 19.58% respectively.
Bandhan Nifty 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is to replicate the Nifty 50 index by investing in securities of the Nifty 50 Index in the same proportion / weightage.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Nifty 50 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.1% |
Benchmark | IISL Nifty 50 TR INR |
AUM | ₹1444 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 20.9% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Energy & Tech
Bandhan Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.1% | 2.1% |
6 Month Returns | 13.2% | 13.2% |
1 Year Returns | 30.2% | 30.2% |
3 Years Returns | 50.07% | 14.49% |
5 Years Returns | 144.5% | 19.58% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Nifty 50 Index Fund Direct Growth | -0.23 | -0.15 | -0.03 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Nifty 50 Index Fund Direct Growth | 1 | 1 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Nifty 50 Index Fund Direct Growth | 2.06 | 0.74 | 0.78 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Nifty 50 Index Fund Direct Growth | 10.65 | 12.2 | 18.24 |