Bandhan Nifty Midcap 150 Index Fund Direct Growth

Bandhan Nifty Midcap 150 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 20-12-2024

₹ 9.6

-2.4%

1D

Inception Returns

-5.5%

/yr

About Bandhan Nifty Midcap 150 Index Fund Direct Growth

Bandhan Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 20 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Nifty Midcap 150 Index Fund Direct Growth has ₹20 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Bandhan Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of -5.46% since inception.

Holdings

Bandhan Nifty Midcap 150 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Health, Tech, Consumer Defensive, Real Estate, Communication, Energy, Utilities. Its top holdings are Suzlon Energy Ltd, Max Healthcare Institute Ltd Ordinary Shares, BSE Ltd, Indian Hotels Co Ltd, Persistent Systems 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Bandhan Nifty Midcap 150 Index Fund Direct Growth

The investment objective of the Scheme is to replicate the Nifty Midcap 150 Index by investing in securities of the Nifty Midcap 150 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Midcap 150 Index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Nifty Midcap 150 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
482 people have invested ₹ 18.1L in Bandhan Nifty Midcap 150 Index Fund Direct Growth in the last three months

Bandhan Nifty Midcap 150 Index Fund Direct Growth Overview

Expense ratio0.21%
Benchmark
IISL Nifty Midcap 150 TR INR
AUM₹20 Cr
Inception Date20 September, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (30-Nov-24)

  • Equity 99.5%

  • Debt & Cash 0.5%

Mid cap
94.3%

Small cap
3.8%

Large cap
1.4%

Sector Allocation

Nov'24

Oct'24

Sep'24

Industrial
19.6%
Financial Services
19.4%
Consumer Cyclical
12.4%
Basic Materials
12.1%
Health
10.8%
Tech
10.7%
Consumer Defensive
4.1%
Real Estate
3.4%
Communication
2.9%
Energy
2.7%
Utilities
1.8%
Fund
Nov'24
Oct'24
No of Holdings
153
153
Top 5 Company Concentration
10%
10%
Company having highest exposure
Suzlon Energy Ltd (2.4%)
Suzlon Energy Ltd (2.4%)
No of Sectors
11
11
Top 5 Sectors Concentration
74.3%
74.7%
Sector having highest exposure
Industrial (19.6%)
Industrial (19.8%)
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Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.66L Cr
as on 29-Nov-2024
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Bandhan Nifty Midcap 150 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.54% in Equity, 0% in Debt and 0.46% in Cash related instruments
AUM size ₹20 Cr

AUM size ₹20 Cr

This fund has AUM of ₹20 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions for Bandhan Nifty Midcap 150 Index Fund Direct Growth

The current NAV of Bandhan Nifty Midcap 150 Index Fund Direct Growth is ₹9.6 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Bandhan Nifty Midcap 150 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.87%
3.87%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.21% as on November 2024
₹20 Cr as on November 2024
Suzlon Energy Ltd(2.38%), Max Healthcare Institute Ltd Ordinary Shares(2.27%), BSE Ltd(1.82%), Indian Hotels Co Ltd(1.78%), Persistent Systems Ltd(1.71%) as on November 2024
Industrial(19.51%), Financial Services(19.34%), Consumer Cyclical(12.33%) as on November 2024
The alpha ratio for the Bandhan Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on November 2024
The alpha for Bandhan Nifty Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bandhan Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on November 2024
The Beta for Bandhan Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bandhan Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bandhan Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for Bandhan Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bandhan Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bandhan Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Bandhan Nifty Midcap 150 Index Fund Direct Growth is 0.25%