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8%
Dec' 15 | Dec' 16 | Dec' 17 | Dec' 18 | Dec' 19 | Dec' 20 | Dec' 21 | Dec' 22 | Dec' 23 | Dec' 24 | YTD | |
---|---|---|---|---|---|---|---|---|---|---|---|
NAV(₹) | - | - | - | - | - | - | - | - | 11.53 | 14.21 | 13.48 |
AUM(Cr.) | - | - | - | - | - | - | - | - | 17.49 | 28.94 | 29.35 |
Benchmark# BM# Returns(%) | - | - | - | - | - | - | - | - | 14.80 | 15.16 | -7.35 |
Fund Returns(%) ⓘ | - | - | - | - | - | - | - | - | 15.30 | 23.24 | -5.14 |
Implied Investor Returns(%) IR(%) | - | - | - | - | - | - | - | - | -23.27 | 31.70 | 18.12 |
Alpha(%) (Returns over Benchmark) | - | - | - | - | - | - | - | - | 0.50 | 8.08 | 2.21 |
Expense Ratio(%) | - | - | - | - | - | - | - | - | 1.00 | 1.02 | 1.02 |
9 Year | 5 Year | 3 Year | 1 Year | |
---|---|---|---|---|
Benchmark# BM# Returns(%) | - | - | - | 8.98 |
Fund Returns(%) | - | - | - | 17.87 |
Implied Investor Returns(%) IR | - | - | - | 14.87 |
Bandhan Nifty IT Index Fund is a Index Funds - Other with an 29(Cr) AUM. It is Open Ended scheme launched on 31 Aug 2023. Currently, Nemish Sheth as the manager managing the fund. Benchmark of the scheme is NIFTY 50 - TRI.
1 Year | 3 Year | 5 Year | 9 Year | |
---|---|---|---|---|
Upside % | 69 | - | - | - |
Downside % | -1 | -1 | -1 | -1 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 0.02% | 0.87 | 0.00 | 0.01 | 0.76 | 2.21% |
Benchmark# | 0.04% | 1.22 | 0.02 | 0.04 | 0.76 | - |
Average Rolling Return | Standard Deviation | |||||||
---|---|---|---|---|---|---|---|---|
1 Year | 3 Year | 5 Year | 9 Year | 1 Year | 3 Year | 5 Year | 9 Year | |
Fund | 33.77 | 0.00 | 0.00 | 0.00 | 7.35 | 0.00 | 0.00 | 0.00 |
Benchmark# | 28.99 | 0.00 | 0.00 | 0.00 | 10.84 | 0.00 | 0.00 | 0.00 |
Company (Q) | Sector | % Assets |
---|---|---|
IT | 28.09 | |
IT | 23.14 | |
IT | 10.06 | |
IT | 9.69 | |
IT | 8.06 | |
IT | 5.8 | |
IT | 5.01 | |
IT | 4.99 | |
IT | 2.96 | |
IT | 1.36 |
Launch Date | 31 Aug 2023 |
Benchmark | NIFTY 50 - TRI |
Performance comparison Benchmark# | NIFTY 500 |
Riskometer | Very High |
Turnover | 57% |
Type | Open ended scheme |
Return Since Launch | 8.39% |
Min. Investment | 1000.00 |
Min. Additional investment Min. Add. inv. | 1000.00 |
Min. SIP | 100.00 |
Min. Cheques | 6 |
Min. Withdrawal | 1000.00 |
Exit Load | 0.00% |
Remark | Nil |
Bandhan Nifty IT Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 17.87 | N/A | N/A | N/A |
Average Rolling Returns(%) | 33.77 | N/A | N/A | N/A |
The Current NAV of Bandhan Nifty IT Index Fund - Regular Plan - Growth is ₹13.48.
It is better to invest in a fund with a longer track record as Bandhan Nifty IT Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
Bandhan Nifty IT Index Fund - Regular Plan - Growth fund’s expense ratio is 1.02%
The process for redemption is
The AUM of Bandhan Nifty IT Index Fund - Regular Plan - Growth is currently ₹29 Crores.
The Top three stocks are Infosys, TCS and HCL Tech. and account for 61% of its portfolio. Top 5 and 10 stocks of fund account for 79% and 99% of fund’s portfolio respectively.
Top three sectors of Bandhan Nifty IT Index Fund - Regular Plan - Growth fund are IT, Miscellaneous and accounting for 100% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Bandhan Nifty IT Index Fund - Regular Plan - Growth Fund is Index Funds - Other.
Nemish Sheth manages the Bandhan Nifty IT Index Fund - Regular Plan - Growth Fund.
Bandhan Nifty IT Index Fund - Regular Plan - Growth current PE ratio is 35.57 and PB ratio is 8.94
The asset allocation of Bandhan Nifty IT Index Fund - Regular Plan - Growth is Stocks : 99.16%, Debt : 0.83% and Gold : 0%
The minimum SIP amount for Bandhan Nifty IT Index Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹1000.00
The exit load for Bandhan Nifty IT Index Fund - Regular Plan - Growth is Nil