Bandhan Nifty Bank Index Fund - Regular (G)

Bandhan Nifty Bank Index Fund - Regular (G) is a scheme launched by Bandhan Mutual Fund on August 28, 2024, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 19.17 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 1% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Bank Index, subject to tracking errors.

• Performance:

  Bandhan Nifty Bank Index Fund - Regular (G) trailing returns over different times are 6.1% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 8.71%.