Bandhan Nifty 500 Value 50 Index Fund Review – Bandhan Nifty 500 Value 50 Index Fund Review Direct NFO Open on 14 October 2024 and Close on 24 October 2024. Bandhan Nifty 500 Value 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 Value 50 Index.
Scheme Benchmark : Nifty 500 Value 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 Value 50 Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| NTPC Ltd. | 5.79 |
| Vedanta Ltd. | 5.33 |
| Oil & Natural Gas Corporation Ltd. | 5.26 |
| Grasim Industries Ltd. | 5.24 |
| Hindalco Industries Ltd. | 5.20 |
| Coal India Ltd. | 5.13 |
| Power Grid Corporation of India Ltd. | 5.08 |
| Tata Steel Ltd. | 4.53 |
| State Bank of India | 4.41 |
| Indian Oil Corporation Ltd. | 4.36 |
Bandhan Nifty 500 Value 50 Index Fund Important Date
| Scheme Offer | Bandhan Nifty 500 Value 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 Value 50 Index |
Investment Objective of the Scheme ?
The investment objective of the Scheme is to replicate the Nifty 500 Value 50 Index by investing in securities of the Nifty 500 Value 50 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Value 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 Value 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 Value 50 Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Securities belonging to the Nifty 500 Value 50 Index (including stock and index derivatives) | 95% | 100% |
| Debt & Money Market instruments | 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 Value 50 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Oil, Gas & Consumable Fuels | 27.20 |
| Financial Services | 22.84 |
| Metals & Mining | 21.11 |
| Power | 11.99 |
| Chemicals | 8.16 |
| Construction Materials | 5.24 |
| Services | 2.61 |
| Construction | 0.85 |
Bandhan Nifty 500 Value 50 Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 5.45 | 36.72 | 69.25 | 34.97 | 15.10 |
| Total Return | 5.96 | 38.16 | 71.66 | 37.87 | 18.11 |
Where Will the Scheme Invest ?
- Equity and Equity related instruments belonging to Nifty 500 Value 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: Bandhan Nifty 500 Momentum 50 Index Fund Review
Bandhan Nifty 500 Value 50 Index Fund Registrar
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