Bandhan Nifty 500 Value 50 Index Fund Direct Growth

Bandhan Nifty 500 Value 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 Value 50 Index Fund Direct Growth has ₹8 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
2. The fund has an expense ratio 0.4.
   

Bandhan Nifty 500 Value 50 Index Fund Direct Growth has given a CAGR return of -6.71% since inception.

Bandhan Nifty 500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Energy, Utilities, Industrial, Tech, Communication. Its top holdings are State Bank of India, Power Grid Corp Of India Ltd, Grasim Industries Ltd, Vedanta Ltd, Hindalco Industries 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 benefit
Dividends 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 500 Value 50 Index by investing in securities of the Nifty 500 Value 50 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Value 50 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns

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