Bandhan Nifty Bank Index Fund Direct Growth
Get the latest NAV of Bandhan Nifty Bank Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.83
1D
NAV as on 13 Jun 2025
8.3%/per year
Since Inception
▲▼
181 people have invested ₹ 3L in Bandhan Nifty Bank Index Fund Direct Growth in the last three months
Peer comparison
Bandhan Nifty Bank Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bandhan Nifty Bank Index Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 99.9%
Debt & Cash 0.1%
Bandhan Nifty Bank Index Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 99.9%
Debt & Cash 0.1%
Top Sector in May was Financial Services
Financial Services
100%
Financial Services
100%
Bandhan Nifty Bank Index Fund Holdings Details
as on (31-May-25)
Equity
Bandhan Nifty Bank Index Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.2% |
Benchmark | Nifty Bank TR INR |
| AUM | ₹18 Cr |
| Inception Date | 27 August, 2024 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 |
About Bandhan Nifty Bank Index Fund
Bandhan Nifty Bank Index Fund Direct Growth is an equity fund. This fund was started on 27 August, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Nifty Bank Index Fund Direct Growth has ₹18 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Bandhan Nifty Bank Index Fund Direct Growth has given a CAGR return of 8.30% since inception.
Holdings
Bandhan Nifty Bank Index Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bandhan Nifty Bank Index Fund Direct Growth
The investment objective of the Scheme is to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Bank 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 Bank Index Fund Direct Growth has no lock in period.
- AUM of the fund stands at 17.7 Cr as of May'25
- AUM increased by 1.3 Cr between May'25 and Apr'25
More funds from Bandhan
5Y CAGR
▲ 38.87
5Y CAGR
▲ 36.67
5Y CAGR
▲ 30.29
3Y CAGR
▲ 26.17
3Y CAGR
▲ 24.98
Frequently Asked Questions for Bandhan Nifty Bank Index Fund Direct Growth
How do I invest in Bandhan Nifty Bank Index Fund?
- Download the INDmoney app.
- Search for ‘Bandhan Nifty Bank Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.