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
|
|
|
|
|
|
Category: Index Fund
: ₹ 19.56 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.
: ₹ 19.45 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.
| Total Expense Ratio | |
| Regular | 1.01% |
| Direct | 0.36% |
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))
:
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 February 29, 2024
| Regular Plan | Growth | 12.2662 |
| Regular Plan | IDCW@ | 12.2650 |
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 | Industry/Rating | % of NAV |
| Infosys | IT - Software | 27.72% |
| Tata Consultancy Services | IT - Software | 25.17% |
| HCL Technologies | IT - Software | 10.68% |
| Tech Mahindra | IT - Software | 8.97% |
| Wipro | IT - Software | 8.24% |
| LTIMindtree | IT - Software | 5.48% |
| Persistent Systems | IT - Software | 5.01% |
| Coforge | IT - Software | 4.51% |
| MphasiS | IT - Software | 2.45% |
| L&T Technology Services | IT - Services | 1.64% |
| Equity Total | 99.86% | |
| Net Cash and Cash Equivalent | 0.14% | |
| Grand Total | 100.00% |
| IT - Software | 98.22% |
| IT - Services | 1.64% |
Note: Simple annualized returns have been provided as per the extant guidelines since
the scheme has completed 6 months but not 1 year. However, such returns may not be
representative. Absolute return of the Scheme for the 6 month period is 22.66%.
Other parameters relating to performance and SIP are not disclosed as the fund has not
completed 1 year.
Click here for other funds managed by the fund manager and refer to the respective fund pages
Other parameters relating to performance and SIP are not disclosed as the fund has not
completed 1 year.
"Where the scheme has been in existence for less than six months past performance shall
not be provided. Further, if the scheme has been in existence for more than six months
but less than one year, then simple annualized growth rate of the scheme for the past
6 months from the last day of month-end preceding the date of advertisement shall be
provided."
Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be
realised.
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
