Bandhan BSE Healthcare Index Fund - Direct Plan
An open-ended scheme tracking BSE Healthcare Index
What Is a BSE Healthcare Index Fund?
Healthcare impacts every aspect of our lives, from routine checkups to life-saving innovations. The Bandhan BSE Healthcare Index Fund lets you tap into the growth potential of the healthcare sector by tracking the BSE Healthcare Index. It offers exposure to pharmaceuticals, biotechnology, hospitals, and medical devices, with the potential for long-term growth. However, as a sector-focused fund, it carries specific risks, making it ideal for investors with a higher risk appetite looking to capitalise on the healthcare industry's growth potential.
The Bandhan BSE Healthcare Index Fund is a sectoral index fund that tracks the BSE Healthcare Index, which represents stocks from India's healthcare sector. The fund aims to replicate the returns of this index.
The fund is mandated to invest at least 95% of its assets in stocks and index derivatives from the BSE Healthcare Index, with up to 5% allocated to other instruments like debt and money market securities.
Since this BSE healthcare index fund invests solely in the healthcare sector, it lacks diversification across sectors. As a result, it's categorised as a high-risk mutual fund, with the majority of assets in healthcare equities.
The healthcare index fund’s returns depend on the performance of Indian healthcare companies. As an equity-focused sector fund, it is subject to market, liquidity, concentration risks, and tracking errors.
- Min Investment 1,000
- Min SIP Amount 100
- Exit Load0.25%
- 0.25% if redeemed on or before 15 days from the allotment date.
- Nil if redeemed after 15 days from allotment date.
This scheme has not completed one year.
Tier 1 Benchmark : BSE Healthcare TRIAlternate Benchmark :
- Performance
- Portfolio
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- Details
This fund is managed by Mr. Nemish Sheth (w.e.f 06/09/2024)
View fund performance of other funds managed by Mr. Nemish Sheth
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/46xQzi1
Bandhan BSE Healthcare Index Fund
(Scheme Risk-o-meter)
BSE Healthcare TRI
(Tier 1 Benchmark Risk-o-meter)
The scheme is suitable for investors who are seeking
1. To create wealth over a long term
2. Investment in equity and equity related instruments belonging to BSE Healthcare Index
Who Should Invest in Bandhan BSE Healthcare Index Fund?
The Bandhan BSE Healthcare Index Fund is ideal for investors seeking passive exposure to the healthcare sector. Its passive strategy often leads to lower expense ratios, potentially benefiting long-term investors.
The Bandhan BSE Healthcare Index Fund may be suited for investors with a high-risk appetite, given its exposure to healthcare equities and vulnerability to market volatility, liquidity risk, tracking errors, and concentration risk.
This fund is ideal for investors pursuing a sectoral strategy, as it focuses on the performance of Indian healthcare companies. While not diversified across sectors, it can still help diversify an overall portfolio.
The Bandhan BSE Healthcare Index Fund may be suitable for investors focused on long-term wealth creation opportunities. Staying invested over time may help mitigate market volatility.
FAQs on Bandhan BSE Healthcare Index Fund
What does a BSE healthcare index fund invest in?
Bandhan BSE healthcare index fund invests in stocks of healthcare companies in India. This scheme tracks the BSE healthcare index. Investors may benefit from the performance of Indian healthcare stocks.
Is Bandhan BSE Healthcare index mutual fund a safe investment?
Bandhan BSE healthcare index mutual fund is categorised as a high-risk investment as it predominantly invests in equities of one sector i.e. the healthcare sector. The scheme may be vulnerable to market volatility, concentration risk, tracking errors, and other risks. Investors must analyse the fund’s performance, their risk appetite and goals before investing as no mutual fund investment offers guaranteed returns.
Is Bandhan BSE Healthcare Index mutual fund suitable for diversification?
Bandhan healthcare index fund invests in equities belonging to one sector only. The scheme is not inherently diversified. However, investors may be able to diversify their portfolio through this scheme.
Are there any lock-in periods for the BSE Healthcare Index Fund?
No, Bandhan BSE Healthcare Index Fund does not have any lock-in period. Investors can stay invested for as long as they wish.
Can I set up a systematic investment plan (SIP) for the BSE Healthcare Index Fund?
Yes, you can set up an SIP in Bandhan BSE Healthcare Index fund. The minimum SIP amount is ₹100.
How to invest in Bandhan BSE Healthcare Index Fund?
To invest in Bandhan BSE healthcare index fund click the “Invest Now” button. Fill in the required information and complete the KYC.
Are medical index funds and healthcare index funds the same?
Yes, medical and healthcare index funds are the same thing. Both these schemes invest in stocks of companies in the healthcare sector.