Bandhan Nifty Alpha 50 Index Fund
Multi Cap IndexVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹14.21-0.08%1 day
- Return since launch
- 12.7%
- 52-week range
- ₹11.52 — ₹14.91
- AUM
- ₹629 Cr
Bandhan Nifty Alpha 50 Index Fund is a Multi Cap Index equity fund from Bandhan Mutual Fund with ₹629 Cr under management, launched in 2023. The expense ratio is 1.32% and the SEBI riskometer reading is Very High.
Performance
Bandhan Nifty Alpha 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +10.4% against +0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 13.2% | +10.0 pts | 3.2% | -0.4% |
| 2Y | 6.2% | +4.5 pts | 1.7% | 0.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.4% | −0.6 pts | -3.8% | -3.0% |
| 3M | 2.8% | +3.7 pts | -0.9% | -0.0% |
| 6M | 19.6% | +9.4 pts | 10.1% | 10.5% |
| 1Y | 10.4% | +7.2 pts | 3.2% | 0.6% |
| 2Y | -5.8% | −2.4 pts | -3.4% | -4.8% |
Since launch (25 Oct 2023): 12.7%
Calendar-year returns
Category average29.9%
-11.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -11.6% | −14.6 pts | 3.0% |
| 2024 | 29.9% | +10.9 pts | 19.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.26%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.86%
- Brokerage
- 0.03%
- Transaction charges
- 0.01%
- Statutory levies
- 0.36%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Alpha 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Bandhan Nifty Alpha 50 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.1%
- Debt0.0%
Market cap split
- Large34.9%
- Mid41.6%
- Small23.6%
- P/E
- 18.19
- P/B
- 3.25
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Ather Energy Ltd. | Automobile | 7.12% | ₹44.79 Cr | — | — | — |
| Laurus Labs Ltd. | Healthcare | 4.01% | ₹25.24 Cr | +3.32% | +3.41% | +2.24% |
| Multi Commodity Exchange Of India Ltd. | Services | 3.83% | ₹24.08 Cr | +3.55% | +2.81% | +2.61% |
| Acutaas Chemicals Ltd. | Healthcare | 3.57% | ₹22.43 Cr | — | — | — |
| National Aluminium Company Ltd. | Metals & Mining | 3.48% | ₹21.87 Cr | +2.54% | — | — |
| Hindustan Copper Ltd. | Metals & Mining | 3.36% | ₹21.12 Cr | +3.95% | — | — |
| Vedanta Ltd. | Metals & Mining | 2.91% | ₹18.31 Cr | +0.97% | — | — |
| Vodafone Idea Ltd. | Communication | 2.87% | ₹18.08 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 2.75% | ₹17.31 Cr | +5.56% | +3.48% | +3.05% |
| Adani Power Ltd. | Energy | 2.66% | ₹16.72 Cr | +1.51% | +1.29% | — |
| Hitachi Energy India Ltd. | Capital Goods | 2.57% | ₹16.13 Cr | +4.47% | +5.04% | +2.97% |
| Anand Rathi Wealth Ltd. | Financial | 2.52% | ₹15.87 Cr | — | — | — |
| L&T Finance Ltd. | Financial | 2.40% | ₹15.06 Cr | +2.75% | +4.40% | — |
| Hindalco Industries Ltd. | Metals & Mining | 2.31% | ₹14.50 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 2.25% | ₹14.14 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 2.21% | ₹13.91 Cr | +1.99% | +3.14% | — |
| Karur Vysya Bank Ltd. | Financial | 2.20% | ₹13.81 Cr | +2.38% | — | — |
| Aditya Birla Capital Ltd. | Financial | 2.19% | ₹13.79 Cr | +3.18% | +3.46% | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.16% | ₹13.59 Cr | — | — | — |
| Apar Industries Ltd. | Consumer Staples | 2.13% | ₹13.42 Cr | +2.67% | — | — |
| Cummins India Ltd. | Capital Goods | 2.09% | ₹13.12 Cr | +2.46% | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.09% | ₹13.16 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 2.03% | ₹12.80 Cr | +1.66% | +1.81% | — |
| RBL Bank Ltd. | Financial | 1.95% | ₹12.25 Cr | +2.79% | +4.39% | — |
| Bharat Forge Ltd. | Automobile | 1.92% | ₹12.08 Cr | +2.18% | — | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 1.92% | ₹12.10 Cr | +1.94% | +1.25% | +1.01% |
| Polycab India Ltd. | Capital Goods | 1.85% | ₹11.62 Cr | +2.62% | — | — |
| One97 Communications Ltd. | Services | 1.83% | ₹11.52 Cr | +1.24% | +1.63% | +6.92% |
| BSE Ltd. | Services | 1.66% | ₹10.41 Cr | +2.30% | +3.56% | +4.74% |
| Muthoot Finance Ltd. | Financial | 1.65% | ₹10.39 Cr | +1.49% | +3.60% | +1.26% |
| Ashok Leyland Ltd. | Automobile | 1.58% | ₹9.96 Cr | +2.15% | +1.78% | — |
| The Federal Bank Ltd. | Financial | 1.55% | ₹9.76 Cr | +1.97% | — | — |
| AU Small Finance Bank Ltd. | Financial | 1.49% | ₹9.35 Cr | +2.02% | +2.80% | — |
| Indian Bank | Financial | 1.46% | ₹9.16 Cr | +2.14% | +2.89% | — |
| Manappuram Finance Ltd. | Financial | 1.46% | ₹9.19 Cr | +1.12% | +3.17% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.45% | ₹9.09 Cr | +0.85% | +1.08% | — |
| Eicher Motors Ltd. | Automobile | 1.38% | ₹8.67 Cr | +1.74% | +2.20% | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.25% | ₹7.86 Cr | +1.78% | +2.55% | — |
| TVS Motor Company Ltd. | Automobile | 1.17% | ₹7.39 Cr | +1.69% | +2.03% | — |
| Fortis Healthcare Ltd. | Healthcare | 1.04% | ₹6.57 Cr | +1.51% | +1.81% | +2.39% |
| Delhivery Ltd. | Services | 0.95% | ₹5.94 Cr | +2.07% | — | — |
| Union Bank of India | Financial | 0.89% | ₹5.61 Cr | +1.83% | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.84% | ₹5.31 Cr | +0.94% | +0.52% | +3.32% |
| Bank of India | Financial | 0.83% | ₹5.22 Cr | +1.90% | +1.71% | — |
| State Bank of India | Financial | 0.83% | ₹5.25 Cr | +1.71% | — | — |
| IIFL Finance Ltd. | Financial | 0.76% | ₹4.76 Cr | +1.41% | +1.22% | — |
| Canara Bank | Financial | 0.75% | ₹4.70 Cr | +2.23% | +2.21% | — |
| HDFC Asset Management Company Ltd. | Financial | 0.74% | ₹4.66 Cr | +1.10% | +0.98% | — |
| Solar Industries India Ltd. | Chemicals | 0.69% | ₹4.34 Cr | +1.87% | +0.99% | +2.29% |
| Max Financial Services Ltd. | Financial | 0.51% | ₹3.21 Cr | +2.22% | +2.46% | +2.61% |
| Others | Others | -0.11% | ₹-0.77 Cr | 0.00% | +0.01% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Ather Energy Ltd. | 5.55% | 7.12% | +1.57% |
| Multi Commodity Exchange Of India Ltd. | 3.21% | 3.83% | +0.62% |
| Adani Energy Solutions Ltd. | 2.77% | 2.25% | -0.52% |
| Adani Power Ltd. | 3.01% | 2.66% | -0.35% |
| One97 Communications Ltd. | 1.52% | 1.83% | +0.31% |
| Cummins India Ltd. | 2.39% | 2.09% | -0.30% |
| Apar Industries Ltd. | 1.83% | 2.13% | +0.30% |
| BSE Ltd. | 1.95% | 1.66% | -0.29% |
| Manappuram Finance Ltd. | 1.69% | 1.46% | -0.23% |
| Bharat Forge Ltd. | 2.13% | 1.92% | -0.21% |
| Muthoot Finance Ltd. | 1.83% | 1.65% | -0.18% |
| Navin Fluorine International Ltd. | 2.04% | 2.21% | +0.17% |
| Steel Authority Of India Ltd. | 1.92% | 2.09% | +0.17% |
| Acutaas Chemicals Ltd. | 3.71% | 3.57% | -0.14% |
| Vodafone Idea Ltd. | 2.76% | 2.87% | +0.11% |
| Delhivery Ltd. | 1.06% | 0.95% | -0.11% |
| Fortis Healthcare Ltd. | 1.15% | 1.04% | -0.11% |
| The Federal Bank Ltd. | 1.66% | 1.55% | -0.11% |
| Aditya Birla Capital Ltd. | 2.29% | 2.19% | -0.10% |
| National Aluminium Company Ltd. | 3.38% | 3.48% | +0.10% |
| RBL Bank Ltd. | 2.04% | 1.95% | -0.09% |
| GE Vernova T&D India Ltd | 2.84% | 2.75% | -0.09% |
| Karur Vysya Bank Ltd. | 2.29% | 2.20% | -0.09% |
| Glenmark Pharmaceuticals Ltd. | 1.84% | 1.92% | +0.08% |
| TVS Motor Company Ltd. | 1.24% | 1.17% | -0.07% |
| Eicher Motors Ltd. | 1.44% | 1.38% | -0.06% |
| L&T Finance Ltd. | 2.46% | 2.40% | -0.06% |
| Bharat Heavy Electricals Ltd. | 2.11% | 2.16% | +0.05% |
| HDFC Asset Management Company Ltd. | 0.78% | 0.74% | -0.04% |
| Polycab India Ltd. | 1.89% | 1.85% | -0.04% |
| AU Small Finance Bank Ltd. | 1.52% | 1.49% | -0.03% |
| Amber Enterprises India Ltd. | 0.87% | 0.84% | -0.03% |
| Bank of India | 0.86% | 0.83% | -0.03% |
| Canara Bank | 0.78% | 0.75% | -0.03% |
| Radico Khaitan Ltd. | 1.48% | 1.45% | -0.03% |
| State Bank of India | 0.86% | 0.83% | -0.03% |
| Union Bank of India | 0.86% | 0.89% | +0.03% |
| Hindalco Industries Ltd. | 2.34% | 2.31% | -0.03% |
| Hindustan Copper Ltd. | 3.33% | 3.36% | +0.03% |
| Laurus Labs Ltd. | 4.03% | 4.01% | -0.02% |
| Hitachi Energy India Ltd. | 2.59% | 2.57% | -0.02% |
| Indian Bank | 1.44% | 1.46% | +0.02% |
| Vedanta Ltd. | 2.93% | 2.91% | -0.02% |
| Solar Industries India Ltd. | 0.67% | 0.69% | +0.02% |
| Ashok Leyland Ltd. | 1.59% | 1.58% | -0.01% |
| FSN E-Commerce Ventures Ltd. | 1.26% | 1.25% | -0.01% |
| Others | 0.00% | 0.00% | 0.00% |
| Anand Rathi Wealth Ltd. | 2.52% | 2.52% | 0.00% |
| IIFL Finance Ltd. | 0.76% | 0.76% | 0.00% |
| Max Financial Services Ltd. | 0.51% | 0.51% | 0.00% |
| Shriram Finance Ltd | 2.03% | 2.03% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹292 Cr | 1.29% | 3.0% | 9.4% | — |
 UTI Nifty 500 Value 50 Index Fund | ₹846 Cr | 1.21% | -0.3% | 9.4% | — |
 Axis Nifty500 Value 50 Index Fund | ₹236 Cr | 1.29% | -0.3% | — | — |
 Kotak Nifty Alpha 50 Index Fund | ₹49.06 Cr | 1.38% | 13.1% | — | — |
| Bandhan Nifty 500 Value 50 Index Fund | ₹35.55 Cr | 1.30% | -0.6% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks 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.
Fund managers
- Abhishek JainMr. Jain has done BA, CAPrior to joining Bandhan MF he was associated with Groww MF, Edelweiss Tokio Life Insurance, Acko General Insurance and Shriram Asset Management Co Ltd.
- Mayuresh NagvekarB.Com in Financial ManagementPrior to joining the Bandhan AMC, he was associated with Colour Arts,
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months19.55% absolute | ₹60,000 | ₹71,730 | 19.55% | |
| 1 year10.38% annualised | ₹1,20,000 | ₹1,26,966 | 5.80% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Bandhan Nifty Alpha 50 Index Fund?
The NAV of Bandhan Nifty Alpha 50 Index Fund is ₹14.21 as on 25 Sep 2026.
What is the expense ratio of Bandhan Nifty Alpha 50 Index Fund?
The expense ratio of Bandhan Nifty Alpha 50 Index Fund is 1.32% per year.
What is the minimum SIP amount for Bandhan Nifty Alpha 50 Index Fund?
You can start a SIP in Bandhan Nifty Alpha 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Bandhan Nifty Alpha 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Bandhan Nifty Alpha 50 Index Fund?
Bandhan Nifty Alpha 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap Index category.
Which fund house manages Bandhan Nifty Alpha 50 Index Fund?
Bandhan Nifty Alpha 50 Index Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,06,009 Cr under management.