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Bandhan BSE Healthcare Index Fund NFO: Review, Date & NAV

Bandhan BSE Healthcare Index Fund: Complete Overview
Bandhan BSE Healthcare Index Fund NFO Details
Fund Overview
How To Invest In The NFO After The Closure Date?
The Objective of The Fund
Peers of Bandhan BSE Healthcare Index Fund
Risk Factors In Such Funds
Past Performance of Index Funds
Bandhan BSE Healthcare Index Fund NFO-Who Can Invest?
Bandhan BSE Healthcare Index Fund-Growth Fund Managers:
Conclusion

Bandhan BSE Healthcare Index Fund: Complete Overview

If you're an established participant or new to the world of New Fund Offer, you've come to the right place to learn about the latest trends, insights, and news of NFO Mutual Fund. Here at the Bandhan BSE Healthcare Index Fund NFO Blog, we're dedicated to providing you with useful information on this new NFO, including financial characteristics and any prior performance.

“Bandhan BSE Healthcare Index Fund” by Bandhan Mutual Fund is an open-ended scheme that tracks BSE Healthcare Index. The Scheme was launched under Bandhan AMC Limited (formerly IDFC Asset Management Company Limited). The NFO date is from August 21 to September 03, 2024, with an NFO price of Rs.1000 and in multiples of Rs.1 thereafter having an exit load of 0.25% if units are redeemed within 15 days.

Bandhan BSE Healthcare Index Fund NFO Details

The scheme is suitable for investors who want to achieve long-term wealth gain and seek to invest in BSE Healthcare Index related stocks and equity-related instruments. The scheme is a very high-risk scheme. There is no assurance that the scheme's investment goal will be met. The scheme will invest 95-100% of its units in Securities (including stock and index derivatives) included in the Bandhan BSE Healthcare Index and 0-5% in Debt & money market Instruments.

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Fund Overview

The Bandhan BSE Healthcare Index Fund NFO minimum subscription amount is Rs.1000 and in multiples of Rs.1 thereof.

Start Date	21 August 2024
End Date	03 September 2024
Allotment Date/Subscription Date/Re-open Date	09 September 2024
VRO Rating	-
Expense Ratio	Nil
Exit Load	0.25% of the NAV, if redeemed within 15 days.
AUM	Rs.148,741.98 crore (as of 30 Jun 2024).
Lock-in	NA
Stamp Duty	0.005% (From July 1st 2020)
Benchmark(s)	BSE Healthcare TRI.
Min. Investment	Rs.1000 and in multiple of Rs.1.
Risk	Very High
Short-Term Capital Gains (STCG)	For less than 2 years, as per Tax Slab.
Long-Term Capital Gains (LTCG)	For more than 2 years, a 12.50% Tax is applicable.

How To Invest In The NFO After The Closure Date?

If you have missed participating in the NFO and now want to invest in the same Scheme on a continuous basis, then on 09 September 2024, when the Scheme will reopen; you will have the option to participate and invest directly in the Mutual Fund by spending at NAV based price by logging on to your Demat account and search for “Bandhan BSE Healthcare Index Fund” or directly with the AMC or simply click the ‘Banner’ below.

The Objective of The Fund

The Scheme aims to generate returns before expenditures that track the overall return of the BSE Healthcare Index, subject to tracking errors, by investing in securities of the BSE Healthcare Index in the same proportion and weight. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset Allocation (% of Total Assets) of the Scheme's portfolio will be as follows:

Types of Instruments	Minimum Allocation (% of Total Assets)	Maximum Allocation (% of Total Assets)
Securities (including stock and index derivatives) included in the Bandhan BSE Healthcare Index.	95	100
Debt & money market Instruments.	0	5

Peers of Bandhan BSE Healthcare Index Fund

Scheme	1Y Return	AUM (Rs.)
SBI Healthcare Opportunities Fund-Growth	42.40%	2,979.52 Cr.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund-Growth	55.61%	4,500.25 Cr.
Tata India Pharma & Healthcare Fund Regular-Growth	49.12%	1,056.02 Cr.
DSP Healthcare Fund Regular-Growth	48.37%	2,755.75 Cr.

Since this scheme is a new scheme, hence no comparable data on its past performance against its peers is available.

Risk Factors In Such Funds

As an index scheme, the Scheme uses a passive investment strategy and will only make investments in securities that make up a single, chosen index by the Scheme's investment goal.
The Scheme is run in an inactive manner. Because the Scheme is index-linked, a general drop in the Indian markets concerning its underlying index may have an impact on it.
The NAV of the Scheme will respond to changes in the stock market. The performance of the companies whose stock makes up the underlying portfolio, among other things, can cause variations in the scheme's NAV, which can lower the value of investments in the scheme over the short or long term.
In the same proportion that the securities have in the Index, the Scheme would invest in the securities that make up the Underlying Index. Therefore, the Scheme would be subject to the risk associated with the appropriate Underlying Index.
The investment in the scheme could increase or decrease based on a variety of variables and pressures affecting the debt and capital markets, as well as changes in the interest rate, price, and value of the securities in which the scheme invests.

Past Performance of Index Funds

Index Funds	NAV (Rs.)	Annualised Return	Return / Risk
Motilal Oswal BSE Healthcare ETF	42.49	50.3%	Very High Risk
DSP Healthcare Fund Regular-Growth	38.70	48.37%	Very High Risk
SBI Healthcare Opportunities Fund-Growth	395.92	42.40%	Very High Risk

Bandhan BSE Healthcare Index Fund NFO-Who Can Invest?

This Fund is ideal for those who want to achieve long-term capital gain and seek to invest in BSE Healthcare Index related stocks and equity-related instruments.

Bandhan BSE Healthcare Index Fund-Growth Fund Managers:

Mr. Nemish Sheth.

Conclusion

The Bandhan BSE Healthcare Index Fund is appropriate for investors who are high-risk tolerant and aiming for capital maturity over a long horizon by investing in BSE Healthcare Index related stocks and equity-related instruments. Always assess your Financial Goals, Risk tolerance, time horizons, etc. before making an investment decision.

Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.