Bandhan Nifty 500 Momentum 50 Index Fund Review – Bandhan Nifty 500 Momentum 50 Index Fund Review Direct NFO Open on 14 October 2024 and Close on 24 October 2024. Bandhan Nifty 500 Momentum 50 Index Fund Direct NFO Allotment Date is 29 October 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹1,000. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open‐ended scheme tracking Nifty 500 Momentum 50 Index.
Scheme Benchmark : Nifty 500 Momentum 50 Index – Since the scheme is an index fund, the compositions of the benchmark are such that it is most suited for comparing performance of the Scheme.
Bandhan Nifty 500 Momentum 50 Index Fund Scheme Benchmark
Company
Weightage
Trent Ltd.
6.72
Bajaj Auto Ltd.
6.05
Mahindra & Mahindra Ltd.
5.04
Adani Ports and Special Economic Zone Ltd.
4.71
Siemens Ltd.
4.43
Bharat Electronics Ltd.
4.36
Hindustan Aeronautics Ltd.
3.90
Tata Power Co. Ltd.
3.85
REC Ltd.
3.82
Suzlon Energy Ltd.
3.54
Bandhan Nifty 500 Momentum 50 Index Fund Important Date
Scheme Offer
Bandhan Nifty 500 Momentum 50 Index Fund
Offer Price
Rs. 10/- per Unit
Type of Scheme
An open-ended
Open Date
14 Oct 2024
Close Date
24 Oct 2024
Allotment Date
29 Oct 2024
Category
Index Fund
Min Inv ₹
₹1,000
Lock in Period
N/A
Risk
Very High
Scheme Benchmark
Nifty 500 Momentum 50 Index
Investment Objective of the Scheme ?
The investment objective of the Scheme is to replicate the Nifty 500 Momentum 50 Index by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/ weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
Bandhan Nifty 500 Momentum 50 Index Fund Other Details
Exit Load
0.25%
Exit Load Details
Exit load of 0.25%, if redeemed within 15 days.
Entry Load
N/A
Stamp Duty
0.005%
Min. Investment
Rs. 1,000
Min. SIP
Rs. 100
Bandhan Nifty 500 Momentum 50 Index Fund Asset Allocation
Instruments
Allocation Min
Allocation Max
Securities belonging to the Nifty 500 Momentum 50 Index
(including stock and index derivatives)
95%
100%
Debt & Money Market instruments & Mutual Fund
0%
5%
Manager Manage the Scheme?
Fund Manger : Mr. Nemish Sheth
Qualification : Post Graduate Diploma in Management studies – Finance, B.Com.
Experience : Mr. Nemish Sheth joined the Equity Fund Management team of Bandhan AMC on November 01, 2021 as Dealer – Equity and Fund Manager. He was earlier associated with Nippon Life India Asset Management Ltd. as Dealer from December 2018 to August 2021 handling execution of Equity, Arbitrage and ETF trades.
Bandhan Nifty 500 Momentum 50 Index Fund Sector Representation
Sector
Weightage
Capital Goods
30.88
Financial Services
15.99
Automobile and Auto Components
15.51
Power
10.21
Consumer Services
6.72
Services
4.71
Consumer Durables
3.93
Construction
2.92
Metals & Mining
2.77
Oil, Gas & Consumable Fuels
2.06
Realty
1.70
Healthcare
1.42
Chemicals
1.18
Bandhan Nifty 500 Momentum 50 Index Fund Index Return
Index Return
QTD
YTD
1 Year
5 Years
Since Inception
Price Return
4.99
41.02
64.23
33.74
23.75
Total Return
5.27
41.93
65.57
34.76
24.93
Where Will the Scheme Invest ?
- Equity and Equity related instruments belonging to Nifty 500 Momentum 50 Index.
- Equity Derivatives.
- Debt securities and money market instruments including G-Sec/T-Bills/Cash Management Bills and TREPS.
- Certificate of Deposits (CDs).
- Commercial Paper (CPs).
- Other Mutual Funds.
- Any other securities / instruments as may be permitted by SEBI from time to time, subject to regulatory approvals if any.
Also Read: Baroda BNP Paribas NIFTY Midcap 150 Index Fund Review
Bandhan Nifty 500 Momentum 50 Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
Website: www.camsonline.com
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