| Launch date | 14 Oct 2024 |
| Allotment date | 29 Oct 2024 |
| End date | 24 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Nemish ShethOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #9 in India |
|---|---|
| Total AUM | ₹1,48,698.21Cr |
| Date of Incorporation | 20 Dec 1999 |
|---|
Bandhan Nifty 500 Value 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Nemish Sheth is the Current Fund Manager of Bandhan Nifty 500 Value 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,48,698 Cr and the Latest NAV as of 11 Dec 2024 is ₹10.28. The Bandhan Nifty 500 Value 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.25%, if redeemed within 15 days. ;
Investment Objective
The scheme seeks 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. ;
| Fund benchmark | Nifty 500 Value 50 Total Return Index |
|---|