February 16, 2024
mayank
Bandhan Nifty Alpha 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.4464
NAV IDCW: Rs 12.4456
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks 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.
Fund Manager:
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Bandhan Mutual Fund |
| Launch Date | 09-Nov-23 |
| Return Since Launch | 24.46% |
| Benchmark | Nifty Alpha 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 24 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.33% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Nifty Alpha 50 Index Dir | 9.45 | 1.13 | 4.47 | 20.69 | — | — | — | — | — | — |
| S&P BSE 100 TRI | 2.15 | 0.41 | 0.24 | 13.12 | — | — | — | — | — | — |
| Equity: Large Cap | 4.12 | 0.55 | 1.94 | 16.13 | — | — | — | — | — | — |
| Rank within category | 9 | 7 | 26 | 26 | — | — | — | — | — | — |
| Number of funds in category | 98 | 101 | 98 | 98 | 96 | 93 | 61 | 50 | 43 | 43 |
Peer Comparison of Bandhan Nifty Alpha 50 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bandhan Nifty Alpha 50 Index Dir | Unrated | — | — | — | 0.33 | 24 | 24.46 | — | 3M | — |
| DSP Nifty 50 Equal Weight Index Dir | 4 star | 37.75 | 20.75 | 19.65 | 0.40 | 1,029 | 13.98 | — | 6Y 3M | 25.00 |
| UTI Nifty 50 Index Dir | 3 star | 22.71 | 13.78 | 16.41 | 0.21 | 15,301 | 13.32 | — | 11Y 1M | 4.00 |
| HDFC Index Nifty 50 Dir | 3 star | 22.70 | 13.74 | 16.31 | 0.20 | 12,186 | 13.45 | 0.25 (3) | 11Y 1M | 4.00 |
| ICICI Pru Nifty 50 Index Dir | 3 star | 22.68 | 13.75 | 16.39 | 0.17 | 6,759 | 13.39 | — | 11Y 1M | 10.00 |
Portfolio Analysis of Bandhan Nifty Alpha 50 Index Fund
| No. of Stocks | 50 |
| Top 10 Stocks | 41.77% |
| Top 5 Stocks | 24.86% |
| Top 3 Sectors | 63.49% |
| Portfolio P/B Ratio | 3.81 |
| Portfolio P/E Ratio | 25.20 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 59,845 | 3,33,874 |
| Giant (%) | 15.11 | 68.10 |
| Large (%) | 42.48 | 27.32 |
| Mid (%) | 41.14 | 5.20 |
| Small (%) | 1.27 | 1.93 |
| Tiny (%) | — | — |
How to Invest in Bandhan Nifty Alpha 50 Index?
Chanakya’s Mutual Fund Guidance For Bandhan Nifty Alpha 50 Index Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://bandhanmutual.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks