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NFO Monitor

Fund Fact

Name of Funds:

Bandhan Nifty Alpha 50 Index

Opening:

25th October 2023

Closing:

6th November 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 Alpha 50 Index by investing in securities of the Nifty Alpha 50 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Alpha 50 Index, subject to tracking errors.

Benchmark:

NIFTY 50

Fund Manager:

Nemish Sheth

Asset Allocation

95-100% Securities belonging to the Nifty Alpha 50 Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

UTI Nifty 50 Index Fund	8.52(6M)	9.19(1Y)
Aditya Birla Sun Life Nifty 50 Index Fund	8.40(6M)	8.89(1Y)

Fund Prognosis

Idea Distiller

A very fancy idea and the index route makes it alluring.Very very tempting for seasoned investors.

Fund House AAUM:
Rs. 12474161.44 Lakhs (as on 30th September 2023)
Fund Manager:
Experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Very high on oomph. I will de tempted by the idea, the index and the time. All positives!!!

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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