Bandhan Nifty Alpha Low Volatility 30 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bandhan Nifty Alpha Low Volatility 30 Index Fund Open Date, Close Date?
NFO opens on January 08, 2025
NFO will close on January 20, 2025
Investment Strategy for this NFO?
The scheme seeks to replicate the Nifty Alpha Low Volatility 30 Index by investing in securities of the Nifty Alpha Low Volatility 30 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Alpha Low Volatility 30 Index, subject to tracking errors.
Basic Details
Fund House | Bandhan Mutual Fund |
Issue Open | 08 January 2025 |
Issue Close | 20 January 2025 |
Type | Open-ended |
Category | Equity: Large Cap |
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 Alpha Low Volatility 30 |
About Benchmark Index for this NFO?
Nifty Alpha Low-Volatility 30 Index is designed to reflect the performance of a portfolio of stocks selected based on top combination of Alpha and Low Volatility. It intends to counter the cyclicality of single factor index strategy and provides investors a choice to take exposure to multiple factors through a single index product. The Index consists of 30 stocks selected from Nifty 100 and Nifty Midcap 50.
The weight of the stocks are derived from Alpha and Low Volatility factor scores with individual stock weight capped at 5%.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
Portfolio Characteristics
Methodology | Factor Weighted |
No. of Constituents | 30 |
Launch Date | July 10, 2017 |
Base Date | April 01, 2005 |
Base Value | 1000 |
Calculation Frequency | Real-Time |
Index Rebalancing | Semi-annual |
Fund Managers of Bandhan Nifty Alpha Low Volatility 30
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.
AMC
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
Review for Bandhan Nifty Alpha Low Volatility 30 Index Fund @sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Nifty Alpha Low Volatility 30
Performance
Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
Price Return | -10.70 | 18.91 | 29.49 | 18.35 | 18.41 |
Total Return | -10.65 | 20.03 | 30.71 | 19.78 | 19.99 |
Statistics ## | 1 Year | 5 Years | Since Inception |
Std. Deviation * | 14.11 | 16.97 | 17.54 |
Beta (NIFTY 50) | 0.89 | 0.79 | 0.74 |
Correlation (NIFTY 50) | 0.88 | 0.88 | 0.89 |
Fundamentals
P/E | P/B | Dividend Yield |
26.89 | 4.37 | 0.98 |
Top constituents by weightage
Company’s Name | Weight(%) |
Sun Pharmaceutical Industries Ltd. | 5.42 |
Bharti Airtel Ltd. | 5.35 |
ICICI Bank Ltd. | 4.89 |
Lupin Ltd. | 4.36 |
ITC Ltd. | 4.15 |
Bajaj Auto Ltd. | 3.72 |
UltraTech Cement Ltd. | 3.59 |
Larsen & Toubro Ltd. | 3.57 |
Colgate Palmolive (India) Ltd. | 3.39 |
Britannia Industries Ltd. | 3.39 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Nemish Sheth
Fund | Bandhan Equity Savings Fund | It’s Benchmark | Bandhan Nifty 50 ETF | It’s Benchmark |
1 Year | 9.11 | 10.39 |
12.82 |
16.60 |
3 Year | 7.80 | 9.14 | 13.30 | 15.29 |
5 Year | 9.04 | 9.61 | 15.41 | 17.18 |
7 Year | 7.90 | 9.08 | 13.70 | 14.30 |
10 Year | 7.66 | 8.77 | — | — |
As on 20-12-2024
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Bandhan Nifty Alpha Low Volatility 30 NFO?
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