| Launch date | NA |
| Allotment date | 19 Sep 2024 |
| End date | NA |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Nemish ShethSep 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 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 03 Sep 2024 is ₹10.00. The Bandhan Nifty Midcap 150 Index Fund Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹100. 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 benchmark | NIFTY Midcap 150 Total Return Index |
|---|