Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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

  1. Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹70 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 59.24% since inception.

Holdings

Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Utilities, Tech, Real Estate, Basic Materials, Consumer Defensive. Its top holdings are Rail Vikas Nigam Ltd, Suzlon Energy Ltd, BSE Ltd, Indian Railway Finance Corp Ltd Ordinary Shares, REC 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 Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 12.1K in Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.34%
Benchmark
NIFTY Alpha 50 TR INR
AUM₹70 Cr
Inception Date9 November, 2023
Min Lumpsum/SIP--/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 100%

Mid cap
44.5%

Large cap
40.2%

Small cap
18.1%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
27.8%
Industrial
26.6%
Consumer Cyclical
12.3%
Health
7.6%
Utilities
7.5%
Tech
6.4%
Real Estate
6.1%
Basic Materials
4.2%
Consumer Defensive
1.5%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 returns of 59.24% since inception (09nd Nov 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 102.89% in Equity, 0% in Debt and -2.89% in Cash related instruments
AUM size ₹70 Cr

AUM size ₹70 Cr

This fund has AUM of ₹70 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹15.86 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.22%
6.22%
6 Month Returns
33.67%
33.67%
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.
0.34% as on June 2024
₹70 Cr as on June 2024
Rail Vikas Nigam Ltd(4.93%), Suzlon Energy Ltd(4.27%), BSE Ltd(4.21%), Indian Railway Finance Corp Ltd Ordinary Shares(4.07%), REC Ltd(3.49%) as on June 2024
Financial Services(28.65%), Industrial(27.35%), Consumer Cyclical(12.68%) as on June 2024
The alpha ratio for the Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The alpha for Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against NIFTY Alpha 50 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 Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The Beta for Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with NIFTY Alpha 50 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 Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The sharpe ratio for Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with NIFTY Alpha 50 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 Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bandhan Nifty Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 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 Alpha 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%