NFO Monitor

Fund Fact

Name of Funds:

Bandhan Nifty IT Index

Opening:

18th August 2023

Closing:

28th August 2023

Minimum Investment:

Rs. 1000/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

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

Benchmark:

NIFTY IT

Fund Manager:

Nemish Sheth

Asset Allocation

95-100% Securities belonging to the Nifty IT Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

ICICI Prudential Nifty IT Index Fund	8.11(6M)	17.39(1Y)
Axis Nifty IT Index Fund	5.30(1M)	Not Available

Fund Prognosis

Idea Distiller

A simple index find in the tech space.

Fund House AAUM:
Rs. 11832921.9 Lakhs (as on 30th June 2023)
Fund Manager:
Experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

IT has been the best performer over a longest time frame. But it comes with a lot of global geo political risks and prices aren't cheap anymore.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028