Key metrics
Latest NAV
₹11.23
Day change
-0.49%
Volatility
15.5%
Sharpe
-0.05
Max drawdown
-18.4%
Expense ratio
0.19%
AUM
₹20 Cr
Category rank
181 / 293
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.62% | -1.15% | 5.14% | -0.77% | 5.79% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
BANDHAN NIFTY BANK INDEX FUND is a passive index fund/ETF offered by Bandhan Mutual Fund, classified under Index/ETF as Other Scheme - Index Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹11.23, with assets under management of about ₹20 Cr (April - June 2026).
Performance analysis
Over the trailing one year, BANDHAN NIFTY BANK INDEX FUND has recorded a return of about 5.8%. Its annualised volatility is 15.5% — moderate fluctuations — and its Sharpe ratio is -0.05, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.19%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 9.28 | 6.76 | -4.00 | 26.51 | 90% | 37% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does BANDHAN NIFTY BANK INDEX FUND invest in?
It invests primarily in the constituents of the index it tracks.
How is this fund classified?
It is a Other Scheme - Index Funds fund in the Index/ETF group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.19% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Other Scheme - Index Funds
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| DSP Nifty Top 10 Equal Weight Index Fund Other Scheme - Index Funds | -2.60 | 2.27 | -4.38 | -6.88 | – | – | – | 0.21 |
| Tata Nifty200 Alpha 30 Index Fund Other Scheme - Index Funds | -0.02 | 3.81 | 8.10 | 6.37 | – | – | – | 0.39 |
| Nippon India Nifty 500 Equal Weight Index Fund Other Scheme - Index Funds | -1.34 | 4.91 | 12.45 | 5.50 | – | – | – | 0.30 |
| Bandhan BSE Healthcare Index Fund Other Scheme - Index Funds | 0.06 | 9.45 | 17.86 | 16.01 | – | – | – | 0.19 |
| Bandhan Nifty Midcap 150 Index Fund Other Scheme - Index Funds | -1.26 | 3.74 | 8.87 | 9.06 | – | – | – | 0.14 |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Other Scheme - Index Funds | 0.59 | 2.21 | 3.31 | 6.40 | – | – | – | – |
| Kotak Nifty India Tourism Index Fund Other Scheme - Index Funds | -4.76 | 6.19 | 5.89 | -15.85 | – | – | – | – |
| Motilal Oswal Nifty 500 Momentum 50 Index Fund Other Scheme - Index Funds | 0.62 | 4.65 | 8.06 | 7.02 | – | – | – | 0.36 |
More funds from Bandhan
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| BANDHAN ULTRA SHORT TERM FUND Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.61 | 2.07 | 3.63 | 6.66 | 7.20 | 6.45 | – | – |
| BANDHAN Overnight Fund Debt Scheme - Overnight Fund | 0.42 | 1.29 | 2.60 | 5.29 | 6.10 | 5.71 | – | 0.04 |
| BANDHAN FIXED TERM PLAN SERIES - 179 (3652 DAYS Income | 0.23 | 2.44 | 2.60 | 6.24 | 7.77 | 6.71 | – | 0.04 |
| BANDHAN Small Cap Fund Equity Scheme - Small Cap Fund | 1.46 | 9.53 | 21.68 | 15.11 | 25.21 | 20.43 | – | 0.32 |
| BANDHAN FLOATING INTEREST RATES FUND Income/Debt Oriented Schemes - Floating Interest Rates Fund | 0.32 | 2.51 | 3.93 | 7.04 | 7.93 | 6.81 | – | – |
| Bandhan US specific Equity Active FOF Other Scheme - FoF Overseas | -0.52 | -4.39 | 9.97 | 13.07 | 22.93 | 15.02 | – | 0.53 |
| BANDHAN MULTI CAP FUND Equity Scheme - Multi Cap Fund | -2.03 | 3.79 | 6.60 | 4.12 | 12.73 | – | – | 0.49 |
| BANDHAN MID CAP FUND Equity Scheme - Mid Cap Fund | 1.74 | 8.58 | 16.98 | 12.40 | 18.28 | – | – | 0.49 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.