Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 23-12-2024

₹ 17.01

-3%

1D

Inception Returns

25.8%

/yr

About Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Bandhan Nifty200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 2 September, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Nifty200 Momentum 30 Index Fund Direct Growth has ₹139 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.

Returns

Bandhan Nifty200 Momentum 30 Index Fund Direct Growth has given a CAGR return of 25.79% since inception. Over the last 1 year the fund has given a CAGR return of 24.82%.

Holdings

Bandhan Nifty200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Utilities, Communication, Tech, Basic Materials, Energy, Health, Real Estate. Its top holdings are Trent Ltd, Bharti Airtel Ltd, NTPC Ltd, Bajaj Auto Ltd, Adani Ports & Special Economic Zone 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 Nifty200 Momentum 30 Index Fund Direct Growth

The investment objective of the Scheme is to replicate the Nifty200 Momentum 30 index by investing in securities of the Nifty200 Momentum 30 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty200 Momentum 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 Nifty200 Momentum 30 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
503 people have invested ₹ 45.1L in Bandhan Nifty200 Momentum 30 Index Fund Direct Growth in the last three months

Bandhan Nifty200 Momentum 30 Index Fund Direct Growth Overview

Expense ratio0.41%
Benchmark
Nifty200 Momentum 30
AUM₹139 Cr
Inception Date2 September, 2022
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
140.21%
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 99.9%

  • Debt & Cash 0.1%

Large cap
84.1%

Mid cap
15.8%

Sector Allocation

Nov'24

Oct'24

Sep'24

Consumer Cyclical
28.7%
Industrial
26.6%
Financial Services
10.2%
Utilities
8.8%
Communication
7.5%
Tech
5.1%
Basic Materials
4.5%
Energy
4.2%
Health
3.6%
Real Estate
0.9%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
-0.76%
-8.20%
1.27%
Nifty200 Momentum 30
-0.71%
-6.17%
2.11%
  • This fund’s returns stands at -0.76% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -0.71% as on Nov'24
  • This fund underperformed Nifty200 Momentum 30 by 0.05% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 136.1 Cr
₹ 141.2 Cr
₹ 134.6 Cr
  • AUM of the fund stands at 136.1 Cr as of Nov'24
  • AUM decreased by 5.1 Cr between Nov'24 and Oct'24
Mid Cap allocation has gone up from 15.3% to 15.8%
Mid Cap allocation has gone up from 15.3% to 15.8%
Large Cap allocation has gone down from 84.7% to 84.1%
Large Cap allocation has gone down from 84.7% to 84.1%
Cash allocation has gone up from 0% to 0.1%
Cash allocation has gone up from 0% to 0.1%

Top 3 Sectors in November were Consumer Cyclical, Industrial & Utilities

Nov'24
Consumer Cyclical
29%
Industrial
27%
Financial Services
10%
Oct'24
Consumer Cyclical
29%
Industrial
26%
Utilities
10%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
33
33
33
Top 5 Company Concentration
28.3%
28.3%
28.5%
Company having highest exposure
Trent Ltd (6.8%)
Trent Ltd (6.8%)
Trent Ltd (6.5%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
81.8%
81.9%
82.3%
Sector having highest exposure
Consumer Cyclical (28.7%)
Consumer Cyclical (29.5%)
Consumer Cyclical (30.9%)
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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 Nifty200 Momentum 30 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 25.79% since inception which is more than its category average return of 14.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.91% in Equity, 0% in Debt and 0.09% in Cash related instruments
AUM size ₹139 Cr

AUM size ₹139 Cr

This fund has AUM of ₹139 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions for Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

The current NAV of Bandhan Nifty200 Momentum 30 Index Fund Direct Growth is ₹17.01 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.01%
-0.01%
6 Month Returns
-7.2%
-7.2%
1 Year Returns
24.82%
24.82%
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.
0.41% as on November 2024
₹139 Cr as on November 2024
Trent Ltd(6.78%), Bharti Airtel Ltd(5.78%), NTPC Ltd(5.74%), Bajaj Auto Ltd(5.17%), Adani Ports & Special Economic Zone Ltd(4.79%) as on November 2024
Consumer Cyclical(28.68%), Industrial(26.53%), Financial Services(10.14%) as on November 2024
The alpha ratio for the Bandhan Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth
-0.93
-
-
As on November 2024
The alpha for Bandhan Nifty200 Momentum 30 Index Fund Direct Growth is calculated against Nifty200 Momentum 30. 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 Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth
0.99
-
-
As on November 2024
The Beta for Bandhan Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth
1.72
-
-
As on November 2024
The sharpe ratio for Bandhan Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth
15.01
-
-
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 Nifty200 Momentum 30 Index Fund Direct Growth is 0%