Investment type
Bandhan Nifty IT Index Fund - Direct (G) is a mutual fund under the Index Funds category, managed by Bandhan Mutual Fund. It was launched on 20 Dec 1999, and has been active for over 26 years. As of 31 Mar 2025 the fund manages assets worth ₹26 Crores. The expense ratio is 0.37%.
This fund generated returns of 5.63% in the last 1 year. Since its inception, it has provided an average annual return of 15.75%.
The fund's investments are mainly concentrated in sectors like IT-Software and Debt.
The top five holdings in this fund include prominent companies such as Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro.
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. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
Index funds are generally low-risk as they spread investments across an entire market index, reducing the impact of individual stock volatility.
Yes, if you’re looking for a low-cost way to invest in the market and are comfortable with moderate returns that match market trends.
Ideally, you should stay invested for the long term, as index funds perform best over extended periods.
Yes, index funds are open-ended, so you can withdraw at any time, but it's best to hold them long-term.
Index funds usually have low expense ratios due to passive management, often ranging from 0.1% to 0.5%.
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