April 22, 2025
mayank
Bandhan Nifty Bank Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.7731
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Bank Index, subject to tracking errors.
Fund Manager:
1) Abhishek Jain
Education: Mr. Jain has done BA, CA
Experience: Prior to joining Bandhan MF he was associated with Groww MF, Edelweiss Tokio Life Insurance, Acko General Insurance and Shriram Asset Management Co 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 | 0.25% for redemption within 15 days |
Basic Details of Bandhan Nifty Bank Index Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 27-Aug-24 |
| Return Since Launch | 7.73% |
| Benchmark | NIFTY Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 15 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.20% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bandhan Nifty Bank Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Nifty Bank Index Dir | 8.64 | 1.88 | 9.30 | 13.78 | 6.28 | — | — | — | — | — |
| Equity: Sectoral-Banking | 7.88 | 1.89 | 8.15 | 12.72 | 5.52 | — | — | — | — | — |
| Rank within category | 15 | 15 | 6 | 12 | 14 | — | — | — | — | — |
| Number of funds in category | 33 | 37 | 36 | 33 | 32 | 26 | 17 | 12 | 11 | 10 |
Peer Comparison of Bandhan Nifty Bank 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 Bank Index Dir | Unrated | — | — | — | 0.20 | 15 | 7.73 | 0.25 (15) | 7M | — |
| Motilal Oswal Nifty Bank Index Dir | 2 star | 16.88 | 15.21 | 23.44 | 0.33 | 594 | 13.47 | 1.00 (15) | 5Y 7M | 27.00 |
| Navi Nifty Bank Index Dir | 2 star | 16.94 | 15.10 | — | 0.10 | 585 | 12.14 | — | 3Y 2M | 50.00 |
| ICICI Pru Nifty Bank Index Dir | 1 star | 16.84 | 14.99 | — | 0.20 | 566 | 15.67 | — | 3Y 1M | 30.00 |
| Nippon India ETF Nifty Bank BeES | Unrated | 16.91 | 15.25 | 23.74 | 0.19 | 7,382 | 16.54 | — | 20Y 10M | 42.00 |
Portfolio Analysis of Bandhan Nifty Bank Index Fund
| No. of Stocks | 12 |
| Top 10 Stocks | 95.23% |
| Top 5 Stocks | 79.14% |
| Top 3 Sectors | 100.07% |
| Portfolio P/B Ratio | 2.02 |
| Portfolio P/E Ratio | 13.56 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,03,350 | 3,47,699 |
| Giant (%) | 79.08 | 65.54 |
| Large (%) | 8.49 | 20.99 |
| Mid (%) | 12.42 | 14.47 |
| Small (%) | — | 5.13 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Bandhan Nifty Bank Index Fund
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