Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 03-12-2024
₹ 15.23
▲0.7%
1D
Inception Returns
21.3%
/yr
About Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth is an equity fund. This fund was started on 6 October, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth has ₹1283 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth has given a CAGR return of 21.30% since inception. Over the last 1 year the fund has given a CAGR return of 22.05%.
Holdings
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Health, Financial Services, Consumer Cyclical, Tech, Basic Materials, Communication, Energy, Industrial. Its top holdings are Sun Pharmaceuticals Industries Ltd, Britannia Industries Ltd, ITC Ltd, Asian Paints Ltd, ICICI Bank 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 Nifty100 Low Volatility 30 Index Fund Direct Growth
The investment objective of the Scheme is to replicate the Nifty100 Low Volatility 30 index by investing in securities of the Nifty100 Low Volatility 30 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty100 Low Volatility 30 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 Nifty100 Low Volatility 30 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth Overview
| Expense ratio | 0.35% |
Benchmark | Nifty 100 Low Volatility 30 TR INR |
| AUM | ₹1283 Cr |
| Inception Date | 6 October, 2022 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 42.75% |
| 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 |
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -8.03% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
- This fund underperformed Nifty 50 by 1.86% in Oct'24
- AUM of the fund stands at 1.2K Cr as of Oct'24
- AUM increased by 133.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Defensive, Health & Financial Services
Top Growth Drivers | 1M Return |
|---|---|
 Tata Consultancy Services Ltd | 7.9% |
 Infosys Ltd | 6.6% |
 HCL Technologies Ltd | 6.2% |
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1283 Cr
Expense Ratio 0.35%
Frequently Asked Questions for Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.19% | -1.19% |
6 Month Returns | 9.36% | 9.36% |
1 Year Returns | 22.05% | 22.05% |
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 Nifty100 Low Volatility 30 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth | 0.93 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth | 15.52 | - | - |