Bandhan Nifty Midcap 150 Index Fund
What is the Nifty Midcap 150 Index?
- The Nifty Midcap 150 Index represents the top 150 companies beyond the Nifty 100, offering exposure to established companies with significant growth potential.
- Positioned between large caps and small caps, mid caps provide a balanced opportunity for investors.
- The index covers various sectors and is updated semi-annually to stay aligned with market dynamics.
Why Invest in Bandhan Nifty Midcap 150 Index Fund?
The Bandhan Nifty Midcap 150 Index Fund tracks the Nifty Midcap 150 Index. Here are some key reasons to consider investing in the fund.
Nifty Midcap 150 Index: The Methodology
Mid Caps: The 'Sweet Spot' in Growth Potential
Midcap companies, often emerging leaders in niche markets, have established business models and substantial growth potential. These companies are home to many sector leaders in India, including:
Track Record of Outperformance
Historically, midcaps have consistently outperformed both large and small caps, offering a robust avenue for potential wealth creation.
Diversified Exposure Across Mid Caps
The Nifty Midcap 150 Index provides diversified exposure across various sectors, reducing reliance on specific stocks, and making it a strategic addition to your investment plan.
Consider investing in this fund if…
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Fund Facts
Type of Scheme
An open-ended scheme tracking Nifty Midcap 150 Index Fund
NFO Period
03rd September to 13th September 2024
Benchmark
Nifty Midcap 150 TRI
Fund Manager
Mr. Nemish Sheth
Minimum Investment
During New Fund Offer
₹ 1,000
And in multiples of Rs. 1/- thereafter
Exit Load
0.25% - if redeemed on or before 15 days from the allotment date.
Nil - if redeemed after 15 days from the allotment date
Plans/Options
Regular/Direct Plan: Growth Option
Investment Objective
The investment objective of the Scheme is to replicate the Nifty Midcap 150 Index by investing in securities of the Nifty Midcap 150 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Midcap 150 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
Fund Manager
Nemish Sheth
Associate Vice President - EquitiesNemish Sheth, AVP - Equities, Bandhan AMC With over a decade of experience in fund management, Nemish Sheth leads the Bandhan Nifty Smallcap 250 Index Fund. His seasoned career includes pivotal roles at Nippon AMC and ICICI Prudential AMC, where he served as a dealer for Equity, Derivative, and Passive Funds. Sheth is a post-graduate in Management Studies with a specialisation in Finance from IES Management College (Mumbai).
Product info
Bandhan Nifty Midcap 150 Index Fund
(An open-ended scheme tracking Nifty Midcap 150 Index)
This product is suitable for investors who are seeking*:
- To create wealth over a long term
- Investment in equity and equity related instruments belonging to Nifty Midcap 150 Index
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.