MF Gyan
indexVery high risk3 years oldSteady vs its 3-year pace

Bandhan Nifty IT Index Fund - Direct Plan - Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Bandhan Mutual Fund. It's been running since 1 Sep 2023.

Latest price per unit
₹10.4528
▼ 0.47% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹88.7k
▼ ₹11.3k loss · -11.3% / year
Invested 3 years ago
₹1.01 L
▲ ₹1.4k gain · 0.4% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.61 L
Gain / loss-₹18.9k
XIRR (annualised)-7.44%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.61 L
Projected gain*+-₹19.2k
*at this fund's historical rate of -7.44% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Other Scheme - Index Funds

Same plan
1-year return
-11.31%median 5.83% (-17.14%)
Rank #485 of 501Beats 2% of peers
3-year return
0.45%median 7.64% (-7.19%)
Rank #270 of 501Beats 4% of peers
Bumpiness (3Y)
22.12%median 13.31% (+8.81%)
Rank #477 of 501Less risky than 5% of peers
Worst-ever drop
-42.44%median -17.31% (-25.13%)
Rank #18 of 501Less risky than 97% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 4 years were positive.

+14%
2023
+23%
2024
-11%
2025
-19%
2026
Best year
2024 · 23.39%
Worst year
2026 · -18.85%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
22.1%

The value swings roughly 22% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-42.44%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Bandhan Nifty IT Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year-11.31%
CAGR — 3 years0.45%
CAGR — 5 years—
CAGR — since launch1.13%
Volatility — 1 year (annualised)25.35%
Volatility — 3 years (annualised)22.12%
Max drawdown — 1 year-34.28%
Max drawdown — 3 years-42.44%
Sharpe ratio — 1 year (rf=6%)-0.71
Sharpe ratio — 3 years (rf=6%)-0.25

Fund info

Fund house
Bandhan Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF194KB1GK3
ISIN (Div re-invest)
—
Fund code
152041
First price on record
1 Sep 2023 · 749 daily prices

About Bandhan Nifty IT Index Fund - Direct Plan - Growth

Bandhan Nifty IT Index Fund - Direct Plan - Growth is a Other Scheme - Index Funds offered by Bandhan Mutual Fund under the Direct plan with the Growth option. It has approximately 3 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Bandhan Nifty IT Index Fund - Direct Plan - Growth is ₹10.4528 (as of 4 Sep 2026). Historically, it has delivered -11.30% over the last year, 0.45% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 22.1% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 42.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Bandhan Nifty IT Index Fund - Direct Plan - Growth?+

The latest NAV of Bandhan Nifty IT Index Fund - Direct Plan - Growth is ₹10.4528 as of 4 Sep 2026, down 0.47% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Bandhan Nifty IT Index Fund - Direct Plan - Growth?+

Bandhan Nifty IT Index Fund - Direct Plan - Growth has delivered 1-year return -11.30%, 3-year CAGR 0.45%, since-inception CAGR 1.13%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Bandhan Nifty IT Index Fund - Direct Plan - Growth belong to?+

Bandhan Nifty IT Index Fund - Direct Plan - Growth is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is Bandhan Nifty IT Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 22.1%, Bandhan Nifty IT Index Fund - Direct Plan - Growth sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Bandhan Nifty IT Index Fund - Direct Plan - Growth a direct plan?+

Bandhan Nifty IT Index Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Bandhan Nifty IT Index Fund - Direct Plan - Growth?+

Bandhan Nifty IT Index Fund - Direct Plan - Growth has NAV history available from 1 Sep 2023 — approximately 3 years of track record and 749 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.