Bandhan Nifty Alpha 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 06-01-2025
₹ 14.53
1D
Inception Returns
43%
/yr
About Bandhan Nifty Alpha 50 Index Fund Direct Growth
Bandhan Nifty Alpha 50 Index Fund Direct Growth is an equity fund. This fund was started on 9 November, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Nifty Alpha 50 Index Fund Direct Growth has ₹327 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Bandhan Nifty Alpha 50 Index Fund Direct Growth has given a CAGR return of 42.99% since inception. Over the last 1 year the fund has given a CAGR return of 32.35%.
Holdings
Bandhan Nifty Alpha 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Health, Energy, Basic Materials, Real Estate, Utilities, Consumer Defensive, Communication. Its top holdings are Cochin Shipyard Ltd, Rail Vikas Nigam Ltd, Trent Ltd, Oil India Ltd, BSE Ltd
Taxation
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.
Investment objective of Bandhan Nifty Alpha 50 Index Fund Direct Growth
The investment objective of the Scheme is to replicate the Nifty Alpha 50 Index by investing in securities of the Nifty Alpha 50 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Alpha 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 and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Nifty Alpha 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Nifty Alpha 50 Index Fund Direct Growth Overview
| Expense ratio | 0.34% |
Benchmark | NIFTY Alpha 50 TR INR |
| AUM | ₹327 Cr |
| Inception Date | 9 November, 2023 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 92.56% |
| STCG | Selling mutual fund 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 |
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.05% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.67% in Nov'24
- AUM of the fund stands at 296.2 Cr as of Nov'24
- AUM increased by 25.9 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Industrial, Financial Services & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Cochin Shipyard Ltd | 3.62% | 39.3% | |
 Rail Vikas Nigam Ltd | 3.5% | 17.7% | |
 Trent Ltd | 3.45% | 17.3% | |
 Oil India Ltd | 3.39% | 38.1% | |
 BSE Ltd | 3.38% | -14.5% |
Bandhan Nifty Alpha 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹327 Cr
Expense Ratio 0.34%
Frequently Asked Questions for Bandhan Nifty Alpha 50 Index Fund Direct Growth
Bandhan Nifty Alpha 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.5% | -0.5% |
6 Month Returns | -0.71% | -0.71% |
1 Year Returns | 32.35% | 32.35% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Nifty Alpha 50 Index Fund Direct Growth | -2 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Nifty Alpha 50 Index Fund Direct Growth | 0.99 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Nifty Alpha 50 Index Fund Direct Growth | 1.3 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Nifty Alpha 50 Index Fund Direct Growth | 16.75 | - | - |