Bandhan Nifty Midcap 150 Index Fund Direct Growth

Equity
Mid Cap
Very High Risk
Launch date03 Sep 2024
Allotment date19 Sep 2024
End date13 Sep 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.21%

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund house & investment objective

Rank (total assets)#9 in India
Total AUM₹1,48,698.21Cr
Date of Incorporation20 Dec 1999

Bandhan Nifty Midcap 150 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 Midcap 150 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 21 Jan 2025 is ₹9.08. The Bandhan Nifty Midcap 150 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 Midcap 150 Index by investing in securities of the Nifty Midcap 150 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Midcap 150 Index, subject to tracking errors. ;

Fund benchmarkNIFTY Midcap 150 Total Return Index

Fund house contact details

Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
NA
Launch Date
20 Dec 1999
E-mail
NA

Peer Comparison

Equity, Mid Cap fundsRating1Y3YFund Size(Cr)
5
32.5%29.6%26,421.09
5
18.1%25.2%77,967.21
4
19.0%23.3%35,277.81
4
28.4%22.4%6,149.96
4
24.0%20.6%53,078.98
MONTHLY SIP
ONE-TIME
SIP Amount
Monthly SIP Date
nullth
Next SIP instalment on 22 of Jan
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