October 2, 2024
mayank
Bandhan Nifty 500 Value 50 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bandhan Nifty 500 Value 50 Index Fund Open Date, Close Date?
NFO opens on October 14, 2024
NFO will close on October 24, 2024
What is the Investment Strategy?
The scheme seeks to replicate the Nifty 500 Value 50 Index by investing in securities of the Nifty 500 Value 50 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Value 50 Index, subject to tracking errors.
Basic Details of Bandhan Nifty 500 Value 50?
| Fund House | Bandhan Mutual Fund |
| Issue Open | 14 October 2024 |
| Issue Close | 24 October 2024 |
| Type | Open-ended |
| Category | Equity: Value Oriented |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | Nifty 500 Value 50 TRI |
What is the Benchmark Index?
The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.45 | 36.72 | 69.25 | 34.97 | 15.10 |
| Total Return | 5.96 | 38.16 | 71.66 | 37.87 | 18.11 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 25.09 | 24.64 | 26.20 |
| Beta (NIFTY 50) | 1.49 | 1.01 | 0.98 |
| Correlation (NIFTY 50) | 0.79 | 0.77 | 0.79 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 13.19 | 1.78 | 3.02 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| NTPC Ltd. | 5.79 |
| Vedanta Ltd. | 5.33 |
| Oil & Natural Gas Corporation Ltd. | 5.26 |
| Grasim Industries Ltd. | 5.24 |
| Hindalco Industries Ltd. | 5.20 |
| Coal India Ltd. | 5.13 |
| Power Grid Corporation of India Ltd. | 5.08 |
| Tata Steel Ltd. | 4.53 |
| State Bank of India | 4.41 |
| Indian Oil Corporation Ltd. | 4.36 |
Performance Review of the Fund Manager of Bandhan Nifty 500 Value 50 Index Fund?
1) Nemish Sheth
Education: Mr. Sheth is a B.Com, PGDM(FINANCE)
Experience: Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
Past Performance of his Schemes
| Fund | Bandhan Equity Savings Fund | It’s Benchmark | Bandhan Nifty 50 ETF | It’s Benchmark |
| 1 Year | 11.63 | 19.53 |
32.42 |
37.25 |
| 3 Year | 8.00 | 9.89 | 14.98 | 16.93 |
| 5 Year | 9.52 | 10.98 | 18.90 | 20.53 |
| 7 Year | 8.03 | 10.03 | 15.99 | 16.66 |
| 10 Year | 7.80 | 9.52 | — | — |
As on 2-10-2024
Which Company Owns Bandhan Nifty 500 Value 50 Index Fund?
Bandhan Asset Management Company Limited
Address: One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai – 400013
Website: https://bandhanmutual.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Bandhan Nifty 500 Value 50 NFO?
Guidance for Bandhan Nifty 500 Value 50 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
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