The Scheme seeks to replicate the Nifty IT Index by investing in securities of the Nifty IT Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty IT Index, subject to tracking errors.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Mayuresh Nagvekar
B.Com in Financial Management
Prior to joining the Bandhan AMC, he was associated with Colour Arts,
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Bandhan Nifty IT Index Fund is ₹9.46 as of 2026-10-12.
Bandhan Nifty IT Index Fund is classified as a Sectoral-Technology fund.
Bandhan Nifty IT Index Fund is managed by Bandhan Mutual Fund.
The Assets Under Management (AUM) of Bandhan Nifty IT Index Fund is ₹31.68 Cr.
The expense ratio of Bandhan Nifty IT Index Fund is 1.19%.
Bandhan Nifty IT Index Fund is managed by Mayuresh Nagvekar.
The minimum SIP investment for Bandhan Nifty IT Index Fund is ₹100.
As per the SEBI Riskometer, Bandhan Nifty IT Index Fund carries a Very High risk level.
Bandhan Nifty IT Index Fund has delivered -19.6% (1Y), -2.64% (3Y) and 0% (5Y) annualised returns as of 2026-10-12.
Bandhan Nifty IT Index Fund was launched on 1999-12-20.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
