Bandhan Nifty Total Market Index Fund Direct Growth

Bandhan Nifty Total Market Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 06-12-2024

₹ 10.19

0.7%

1D

Inception Returns

1.7%

/yr

About Bandhan Nifty Total Market Index Fund Direct Growth

Bandhan Nifty Total Market Index Fund Direct Growth is an equity fund. This fund was started on 10 July, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Nifty Total Market Index Fund Direct Growth has ₹34 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Bandhan Nifty Total Market Index Fund Direct Growth has given a CAGR return of 1.71% since inception.

Holdings

Bandhan Nifty Total Market Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC 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 Total Market Index Fund Direct Growth

The investment objective of the Scheme is to replicate the Nifty Total Market Index by investing in securities of the Nifty Total Market Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Total Market 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 Total Market Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
323 people have invested ₹ 4.1L in Bandhan Nifty Total Market Index Fund Direct Growth in the last three months

Bandhan Nifty Total Market Index Fund Direct Growth Overview

Expense ratio0.4%
Benchmark
Nifty Total Market TR INR
AUM₹34 Cr
Inception Date10 July, 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 (31-Oct-24)

  • Equity 100%

Large cap
68.5%

Mid cap
17.8%

Small cap
13.7%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.9%
Industrial
11.8%
Consumer Cyclical
11%
Tech
10.3%
Basic Materials
8.9%
Energy
7.3%
Consumer Defensive
7.3%
Health
6.4%
Utilities
4.2%
Communication
3.4%
Real Estate
1.4%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
754
753
753
Top 5 Company Concentration
21.9%
21.3%
21.3%
Company having highest exposure
HDFC Bank Ltd (6.8%)
HDFC Bank Ltd (6.1%)
HDFC Bank Ltd (6.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
69.9%
69.4%
69.2%
Sector having highest exposure
Financial Services (27.9%)
Financial Services (27%)
Financial Services (26.7%)
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Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.6L Cr
as on 31-Oct-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 Total Market 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 returns of 1.71% since inception (10th July 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 100.07% in Equity, 0% in Debt and -0.07% in Cash related instruments
AUM size ₹34 Cr

AUM size ₹34 Cr

This fund has AUM of ₹34 Cr which is less than its category average of ₹ 805 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions for Bandhan Nifty Total Market Index Fund Direct Growth

The current NAV of Bandhan Nifty Total Market Index Fund Direct Growth is ₹10.19 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Bandhan Nifty Total Market Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.7%
2.7%
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.
0.4% as on November 2024
₹34 Cr as on November 2024
HDFC Bank Ltd(6.82%), ICICI Bank Ltd(4.72%), Reliance Industries Ltd(4.68%), Infosys Ltd(3.28%), ITC Ltd(2.36%) as on November 2024
Financial Services(27.94%), Industrial(11.81%), Consumer Cyclical(11.03%) as on November 2024
The alpha ratio for the Bandhan Nifty Total Market Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bandhan Nifty Total Market Index Fund Direct Growth
-
-
-
As on November 2024
The alpha for Bandhan Nifty Total Market Index Fund Direct Growth is calculated against Nifty Total Market 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 Total Market Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bandhan Nifty Total Market Index Fund Direct Growth
-
-
-
As on November 2024
The Beta for Bandhan Nifty Total Market Index Fund Direct Growth is calculated with Nifty Total Market 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 Total Market 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 Total Market Index Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for Bandhan Nifty Total Market Index Fund Direct Growth is calculated with Nifty Total Market 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 Total Market 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 Total Market 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 Total Market Index Fund Direct Growth is 0.25%