Bandhan Nifty 50 ETF§ (NSE scrip code: IDFNIFTYET)

An open ended scheme tracking NIFTY 50 Index

31st July 2023

Bandhan Nifty 50 ETF§(NSE scrip code: IDFNIFTYET)

An open ended scheme tracking NIFTY 50 Index

31st July 2023

About the Fund: An open-ended Exchange Traded Fund that seeks to provide returns that, before expenses, closely correspond to the total return of the Nifty 50, subject to tracking errors.
Category: Exchange Traded Fund
Monthly Avg AUM : ₹ 19.70 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM : ₹ 19.91 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 07 October 2016
Fund Manager :

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Nemish Sheth (w.e.f 1st November 2021)
Other Parameter:
Beta0.99
R Square1.00
Standard Deviation (Annualized)14.03%
Sharpe*1.12
Portfolio Turnover
Equity0.06
Aggregate^0.06
Tracking Error(Annualized)0.67%
Total Expense Ratio : 0.08%
Benchmark: Nifty 50 TRI
SIP (Minimum Amount): NA
SIP Frequency: NA
SIP Dates (Monthly): NA
Investment Objective: Click here
Exit Load :

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

NIL
NAV (₹) as on July 31, 2023
Growth211.1659
IDCW@NA
@Income Distribution and Capital Withdrawal
Tracking error calculated on the basis of 3 years history of daily data.


Name % of NAV
Equity and Equity related Instruments 99.68%
Banks 31.88%
oHDFC Bank 14.05%
oICICI Bank 7.97%
oKotak Mahindra Bank 3.11%
oAxis Bank 2.98%
oState Bank of India 2.71%
IndusInd Bank 1.05%
IT - Software 12.85%
oInfosys 5.52%
oTata Consultancy Services 4.00%
HCL Technologies 1.35%
Tech Mahindra 0.79%
Wipro 0.68%
LTIMindtree 0.51%
Petroleum Products 10.25%
oReliance Industries 9.84%
Bharat Petroleum Corporation 0.41%
Diversified FMCG 7.30%
oITC 4.69%
Hindustan Unilever 2.61%
Automobiles 5.93%
Mahindra & Mahindra 1.51%
Maruti Suzuki India 1.49%
Tata Motors 1.29%
Bajaj Auto 0.64%
Eicher Motors 0.53%
Hero MotoCorp 0.47%
Finance 4.22%
Bajaj Finance 2.22%
Reliance Strategic Investments 1.01%
Bajaj Finserv 0.99%
Construction 3.70%
oLarsen & Toubro 3.70%
Pharmaceuticals & Biotechnology 3.43%
Sun Pharmaceutical Industries 1.41%
Dr. Reddy's Laboratories 0.78%
Cipla 0.70%
Divi's Laboratories 0.53%
Consumer Durables 3.17%
Asian Paints 1.74%
Titan Company 1.43%
Telecom - Services 2.55%
Bharti Airtel 2.55%
Power 2.22%
NTPC 1.18%
Power Grid Corporation of India 1.04%
Ferrous Metals 1.99%
Tata Steel 1.13%
JSW Steel 0.86%
Cement & Cement Products 1.87%
UltraTech Cement 1.09%
Grasim Industries 0.78%
Food Products 1.56%
Nestle India 0.92%
Britannia Industries 0.65%
Insurance 1.45%
HDFC Life Insurance Company 0.79%
SBI Life Insurance Company 0.66%
Metals & Minerals Trading 0.87%
Adani Enterprises 0.87%
Oil 0.79%
Oil & Natural Gas Corporation 0.79%
Non - Ferrous Metals 0.77%
Hindalco Industries 0.77%
Transport Infrastructure 0.75%
Adani Ports and Special Economic Zone 0.75%
Consumable Fuels 0.60%
Coal India 0.60%
Healthcare Services 0.59%
Apollo Hospitals Enterprise 0.59%
Agricultural Food & other Products 0.58%
Tata Consumer Products 0.58%
Fertilizers & Agrochemicals 0.36%
UPL 0.36%
Net Cash and Cash Equivalent 0.32%
Grand Total 100.00%
oTop 10 Equity Holdings


Banks 31.88%
IT - Software 12.85%
Petroleum Products 10.25%
Diversified FMCG 7.30%
Automobiles 5.93%
Finance 4.22%
Construction 3.70%
Pharmaceuticals & Biotechnology 3.43%
Consumer Durables 3.17%
Telecom - Services 2.55%
Power 2.22%
Ferrous Metals 1.99%
Cement & Cement Products 1.87%
Food Products 1.56%
Insurance 1.45%
Metals & Minerals Trading 0.87%
Oil 0.79%
Non - Ferrous Metals 0.77%
Transport Infrastructure 0.75%
Consumable Fuels 0.60%
Healthcare Services 0.59%
Agricultural Food & other Products 0.58%
Fertilizers & Agrochemicals 0.36%




Performance based on NAV as on 31/07/2023. Past performance may or may not be sustained in future.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns.



Scheme risk-o-meter

Investors understand that their principal will be at Very High risk

This product is suitable for investors who are seeking*

  • To create wealth over long term.
  • Investing in equity and equity related instruments forming part of Nifty 50 index.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Benchmark risk-o-meter

Nifty 50 TRI




*Risk-free rate assumed to be 6.60% (FBIL OVERNIGHT MIBOR as on 31st July 2023). Ratios calculated on the basis of 3 years history of monthly data.
^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives).
§With effect from 13th March 2023, the name of "IDFC Nifty 50 ETF" has changed to "Bandhan Nifty 50 ETF"