Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth

Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 29 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth has ₹20 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.4.
   

Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth has given a CAGR return of -19.45% since inception.

Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Health, Financial Services, Industrial, Basic Materials, Consumer Defensive, Communication, Energy, Real Estate. Its top holdings are Divi's Laboratories Ltd, Mahindra & Mahindra Ltd, Indian Hotels Co Ltd, Persistent Systems Ltd, Tech Mahindra 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to replicate the Nifty 500 Momentum 50 Index by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth has no lock in period.