Bandhan Nifty IT Index Fund
An open ended scheme tracking Nifty IT Index
Bandhan Nifty IT Index Fund
An open-ended scheme tracking Nifty IT Index
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Category: Index Fund
: ₹ 18.44 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.
: ₹ 19.75 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.
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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.
| Total Expense Ratio | |
| Regular | 1.00% |
| Direct | 0.35% |
SIP (Minimum Amount): ₹ 100/- and in multiples of Re. 1 thereafter
SIP Frequency: Monthly/Quarterly
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))
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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 January 31, 2024
| Regular Plan | Growth | 11.9224 |
| Regular Plan | IDCW@ | 11.9212 |
Portfolio Beta, Standard Deviation, R Squared, Sharpe Ratio and Tracking Error of the Scheme is not computed owing to the short time frame (< 3years) since launch of the Scheme
| Name | % of NAV |
| Equity and Equity related Instruments | 99.75% |
| IT - Software | 97.97% |
| oInfosys | 28.28% |
| oTata Consultancy Services | 24.11% |
| oHCL Technologies | 10.41% |
| oTech Mahindra | 9.65% |
| oWipro | 7.81% |
| oLTIMindtree | 5.79% |
| oPersistent Systems | 4.99% |
| oCoforge | 4.42% |
| oMphasiS | 2.50% |
| IT - Services | 1.78% |
| oL&T Technology Services | 1.78% |
| Net Cash and Cash Equivalent | 0.25% |
| Grand Total | 100.00% |
| oTop 10 Equity Holdings |
| IT - Software | 97.97% |
| IT - Services | 1.78% |
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 belonging to Nifty IT Index.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
Nifty IT TRI
Performance, SIP & other parameters are not disclosed as fund has not completed 1 year.
