Bandhan Nifty 50 Index Fund§
An open ended scheme tracking Nifty 50 Index
Bandhan Nifty 50 Index Fund§
An open ended scheme tracking Nifty 50 Index br>
30th June 2023|
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Category: Index Fund
: ₹ 780.20 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.
: ₹ 807.51 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.
:
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.
Other Parameter:
| Beta
Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market. | 0.99 |
| R Square | 1.00 |
| Standard Deviation (Annualized)
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. | 14.48% |
| Sharpe*
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. | 1.16 |
| Portfolio Turnover | |
| Equity | 0.04 |
| Aggregate^ | 0.04 |
| Tracking Error(Annualized) | 0.64% |
| Total Expense Ratio | |
| Regular | 0.60% |
| Direct | 0.10% |
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly/Quarterly)@@: Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 1,000/- and any amount thereafter
Option Available: Growth, IDCW@ - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only))
:
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.
NAV (₹) as on June 30, 2023
| Regular Plan | Growth | 40.8380 |
| Regular Plan | IDCW@ | 37.0533 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
Tracking error calculated on the basis of 3 years history of daily data.
| Name | % of NAV |
| Equity and Equity related Instruments | 99.55% |
| Banks | 26.66% |
| oHDFC Bank | 8.84% |
| oICICI Bank | 7.74% |
| oKotak Mahindra Bank | 3.23% |
| oAxis Bank | 3.20% |
| State Bank of India | 2.59% |
| IndusInd Bank | 1.05% |
| IT - Software | 12.61% |
| oInfosys | 5.60% |
| oTata Consultancy Services | 3.99% |
| HCL Technologies | 1.49% |
| Tech Mahindra | 0.84% |
| Wipro | 0.69% |
| Petroleum Products | 10.52% |
| oReliance Industries | 10.12% |
| Bharat Petroleum Corporation | 0.41% |
| Finance | 9.32% |
| oHDFC | 6.10% |
| Bajaj Finance | 2.25% |
| Bajaj Finserv | 0.98% |
| Diversified FMCG | 7.52% |
| oITC | 4.71% |
| Hindustan Unilever | 2.82% |
| Automobiles | 5.95% |
| Mahindra & Mahindra | 1.55% |
| Maruti Suzuki India | 1.54% |
| Tata Motors | 1.22% |
| Bajaj Auto | 0.61% |
| Eicher Motors | 0.58% |
| Hero MotoCorp | 0.45% |
| Construction | 3.52% |
| oLarsen & Toubro | 3.52% |
| Consumer Durables | 3.27% |
| Asian Paints | 1.79% |
| Titan Company | 1.48% |
| Pharmaceuticals & Biotechnology | 3.24% |
| Sun Pharmaceutical Industries | 1.34% |
| Name | % of NAV |
| Dr. Reddy's Laboratories | 0.73% |
| Cipla | 0.63% |
| Divi's Laboratories | 0.54% |
| Telecom - Services | 2.60% |
| Bharti Airtel | 2.60% |
| Power | 2.08% |
| NTPC | 1.05% |
| Power Grid Corporation of India | 1.03% |
| Ferrous Metals | 1.90% |
| Tata Steel | 1.07% |
| JSW Steel | 0.84% |
| Cement & Cement Products | 1.89% |
| UltraTech Cement | 1.14% |
| Grasim Industries | 0.76% |
| Food Products | 1.67% |
| Nestle India | 0.97% |
| Britannia Industries | 0.70% |
| Insurance | 1.53% |
| HDFC Life Insurance Company | 0.84% |
| SBI Life Insurance Company | 0.69% |
| Metals & Minerals Trading | 0.84% |
| Adani Enterprises | 0.84% |
| Oil | 0.74% |
| Oil & Natural Gas Corporation | 0.74% |
| Non - Ferrous Metals | 0.73% |
| Hindalco Industries | 0.73% |
| Transport Infrastructure | 0.72% |
| Adani Ports and Special Economic Zone | 0.72% |
| Consumable Fuels | 0.62% |
| Coal India | 0.62% |
| Healthcare Services | 0.61% |
| Apollo Hospitals Enterprise | 0.61% |
| Agricultural Food & other Products | 0.61% |
| Tata Consumer Products | 0.61% |
| Fertilizers & Agrochemicals | 0.41% |
| UPL | 0.41% |
| Net Cash and Cash Equivalent | 0.45% |
| Grand Total | 100.00% |
| oTop 10 Equity Holdings |
| Banks | 26.66% |
| IT - Software | 12.61% |
| Petroleum Products | 10.52% |
| Finance | 9.32% |
| Diversified FMCG | 7.52% |
| Automobiles | 5.95% |
| Construction | 3.52% |
| Consumer Durables | 3.27% |
| Pharmaceuticals & Biotechnology | 3.24% |
| Telecom - Services | 2.60% |
| Power | 2.08% |
| Ferrous Metals | 1.90% |
| Cement & Cement Products | 1.89% |
| Food Products | 1.67% |
| Insurance | 1.53% |
| Metals & Minerals Trading | 0.84% |
| Oil | 0.74% |
| Non - Ferrous Metals | 0.73% |
| Transport Infrastructure | 0.72% |
| Consumable Fuels | 0.62% |
| Healthcare Services | 0.61% |
| Agricultural Food & other Products | 0.61% |
| Fertilizers & Agrochemicals | 0.41% |
Performance based on NAV as on 30/06/2023. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
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.
- Investment 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
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
*Risk-free rate assumed to be 6.90% (FBIL OVERNIGHT MIBOR as on 30th June 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 Index Fund" has changed to "Bandhan Nifty 50 Index Fund"
