Bandhan BSE Sensex ETF
(BSE Scrip Code - 540154)
An open ended scheme tracking SandP BSE Sensex index
What is a S&P BSE Sensex ETF Fund?
If you prefer straightforward yet powerful investments, Bandhan BSE Sensex ETF is worth considering. This fund mirrors the performance of India’s largest and most trusted companies, offering a potentially reliable way to align your investment with some of the major market players.
Bandhan Sensex ETF tracks the S&P BSE Sensex, a free-float market-weighted index of 30 leading companies listed on the Bombay Stock Exchange. The fund replicates the index’s performance, aiming to support long-term wealth creation for investors.
These 30 companies are among the largest and most financially sound in India, potentially offering long-term benefits for investors.
S&P BSE Sensex ETFs are traded on the stock market, offering flexibility through intraday trading. Since they track an index, they are less prone to bias and aim to provide returns similar to the underlying index.
The fund invests at least 95% of its corpus in S&P BSE index companies, which may lead to concentration risk due to limited diversification.
Bandhan Sensex ETF is a high-risk investment as it primarily invests in equities, which are subject to volatility and price fluctuations due to various economic factors. While ETFs offer relative liquidity and intraday trading, liquidity may sometimes be restricted by trading volumes and settlement periods.
ETFs are passive investments and replicate their index, making them susceptible to tracking errors.
- Min Investment Directly with Fund
- Authorised Participants and Large Investors can directly purchase / redeem in blocks from the fund in “Creation unit size” on any business day. On the Exchange - The units of the Scheme can be purchased and sold in minimum lot of 1 unit and in multiples thereof.
- Min SIP Amount NA
- Exit Load
Nil
Scheme is suitable for a minimum investment horizon of more than 3 years
Tier 1 Benchmark : BSE SENSEX TRIAlternate Benchmark : Nifty 50 TRI
- Performance
- Portfolio
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Performance as on 31st October 2024
Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
1 year | 3 year | 5 year | 10 year | 07/10/2016 Since inception | 1 year | 3 year | 5 year | 10 year | 07/10/2016 Since inception | |
Bandhan BSE Sensex ETF | 25.18 | 11.13 | 15.50 | N.A. | 14.75 | 12,526 | 13,735 | 20,571 | N.A. | 30,368 |
25.78 | 11.59 | 15.99 | 12.43 | 15.14 | 12,586 | 13,907 | 21,009 | 32,313 | 31,208 | |
28.30 | 12.35 | 16.61 | 12.62 | 14.91 | 12,839 | 14,195 | 21,582 | 32,844 | 30,706 | |
^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark |
This fund is managed by Mr. Nemish Sheth (w.e.f 01/11/2021)
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 Sensex ETF
(Scheme Risk-o-meter)
BSE SENSEX TRI
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To create wealth over long term.
- Investing in equity and equity related instruments forming part of S&P BSE Sensex Index.
Who Should Invest in S&P BSE Sensex ETF?
Bandhan Sensex ETF, a high-risk investment option, tracks the S&P BSE Sensex and invests in 30 companies, making it prone to concentration risk, market fluctuations, and tracking errors. It may suit investors with a high-risk tolerance.
Sensex ETFs offer flexibility through intraday trading, making them suitable for investors looking to invest in India’s largest companies.
Investors seeking a passive strategy can consider S&P BSE Sensex ETFs, which are not actively managed and typically have lower expense ratios.
This fund is suitable for investors looking to track the S&P BSE Sensex over the long term, aiming for wealth creation.
FAQs on S&P BSE Sensex ETF
What is the meaning and full form of S&P BSE Sensex?
The S&P BSE Sensex index is a free-float market-weighted stock market index that comprises 30 well-established, large-cap companies in India. The full form of S&P is “Standard & Poor”, and it is widely used as an investment benchmark. BSE Sensex stands for Bombay Stock Exchange, Stock Exchange Sensitive Index.
Is investing in a S&P BSE Sensex ETF suitable for the long term?
S&P BSE Sensex ETF is a high-risk-return scheme and aims to generate wealth in the long-run. It may be suitable for high-risk investors, seeking long-term wealth creation.
Are Sensex ETFs risky?
Yes, Sensex ETFs are classified as a high-risk investment option. These schemes may be vulnerable to market volatility and fluctuations. They may also be subject to tracking errors, concentration risks, price risks, reinvestment risks, etc.
How many companies are listed on the S&P BSE Sensex index?
Thirty companies are listed on the S&P BSE Sensex index. These are large-cap companies that are well-established and financially sound.
What are the disadvantages of investing in S&P BSE Sensex ETFs?
S&P BSE Sensex ETFs may be vulnerable to market fluctuations and volatility, making them a high-risk investment option. They may also be vulnerable to tracking errors. Lastly, like most ETFs, Sensex ETFs simply track an index; they do not aim to outperform it.