Bandhan Nifty 200 Momentum 30 Index Fund is a unique index fund that seeks to replicate the performance of the Nifty 200 Momentum 30 Index.
- Fund Size: ₹90.71 Cr (0.04% of investment in category)
- NAV (as on 21st June 2024): ₹18.1543
- Expense Ratio: 0.42% (Category average: 0.26%)
- Risk Level: Very High
Investment Composition
- Equity Investment: 99.66%
- Large Cap: 47.44%
- Mid Cap: 40.44%
- Small Cap: 0.75%
Bandhan Nifty 200 Momentum 30 Index Fund – Top 10 Holdings
| Stock | Sector | Value (Mn) | % of Total Holdings | 1M Change | 1Y Highest Holding | 1Y Lowest Holding | Quantity | 1M Change in Qty |
| Hindustan Aeronautics Ltd. | Aerospace & Defense | 62.5 | 6.88% | 1.10% | 6.88% (May 2024) | 3.67% (Oct 2023) | 12.56 k | 1.79 k |
| Trent Limited | Specialty Retail | 54.4 | 5.99% | -0.16% | 6.15% (Apr 2024) | 3.02% (Jul 2023) | 11.92 k | 1.71 k |
| Bajaj Auto Ltd. | 2/3 Wheelers | 49.8 | 5.49% | -0.21% | 6.14% (Mar 2024) | 4.81% (Aug 2023) | 5.48 k | 782.00 |
| Coal India Ltd. | Coal | 47.5 | 5.24% | 0.10% | 5.38% (Feb 2024) | 0% (Jun 2023) | 96.73 k | 13.79 k |
| Bharat Electronics Ltd. | Aerospace & Defense | 46.7 | 5.15% | 0.84% | 5.15% (May 2024) | 3.83% (Jan 2024) | 1.58 L | 22.47 k |
| Rural Electrification Corp. | Financial Institution | 45.5 | 5.01% | 0.01% | 5.57% (Nov 2023) | 3.09% (Jun 2023) | 84.53 k | 12.17 k |
| Tata Motors Ltd. | Passenger Cars & Utility | 45.4 | 5.01% | -0.79% | 5.99% (Mar 2024) | 0% (Jun 2023) | 49.21 k | 7.03 k |
| Power Finance Corp. Ltd. | Financial Institution | 44.5 | 4.90% | 0.24% | 6.52% (Nov 2023) | 3.95% (Jun 2023) | 90.29 k | 12.96 k |
| National Thermal Power Corp. | Power Generation | 41.1 | 4.53% | -0.33% | 4.88% (Feb 2024) | 0% (Jun 2023) | 1.14 L | 16.32 k |
| TVS Motor Company Ltd. | 2/3 Wheelers | 38.7 | 4.26% | -0.01% | 5.9% (Nov 2023) | 4.26% (May 2024) | 17.74 k | 2.54 k |
Bandhan Nifty 200 Momentum 30 Index Fund – Growth and Performance
The fund’s performance is closely aligned with the Nifty 200 Momentum 30 TRI, achieving strong returns since inception. Below is a summary of the fund’s absolute and annualized returns over different time periods:
| Period Invested for | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
| 1 Week | 14-Jun-24 | 9786.20 | -2.14% | – | 0.45% | 211/219 |
| 1 Month | 21-May-24 | 10339.00 | 3.39% | – | 3.52% | 115/214 |
| 3 Month | 21-Mar-24 | 11822.00 | 18.22% | – | 8.66% | 48/203 |
| 6 Month | 21-Dec-23 | 13229.60 | 32.30% | – | 13.66% | 22/191 |
| YTD | 01-Jan-24 | 12954.00 | 29.54% | – | 11.85% | 21/194 |
| 1 Year | 21-Jun-23 | 16679.20 | 66.79% | 66.56% | 27.63% | 12/180 |
| Since Inception | 02-Sep-22 | 18154.30 | 81.54% | 39.21% | 17.87% | 17/180 |
The Bandhan Nifty 200 Momentum 30 Index Fund employs a passive investment strategy, aiming to replicate the performance of the Nifty 200 Momentum 30 Index. This strategy involves:
- Momentum Investing: Selecting stocks based on their price momentum over recent months.
- Low Turnover: Maintaining a portfolio with minimal changes, resulting in lower transaction costs.
Bandhan Nifty 200 Momentum 30 Index Fund – Portfolio Turnover
- Turnover Ratio: 108.00% (Category average: 25.56%)
This indicates a higher frequency of portfolio rebalancing compared to peers, which aligns with the momentum strategy that requires timely adjustments to capture stock performance trends.
Bandhan Nifty 200 Momentum 30 Index Fund – Risk Assessment
Given the high exposure to equities and the focus on momentum investing, the fund is categorized as having a “Very High” risk level.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
