Bandhan Nifty IT Index Fund AUM Hits Rs 34 Crore
By Market Desk
Bandhan Nifty IT Index Fund records Rs 34 crore AUM with a NAV of Rs 9.93. Explore its top holdings, expense ratio, and portfolio composition.
The Bandhan Nifty IT Index Fund (Direct Growth Plan) recorded an AUM of Rs 34 crore with a NAV of Rs 9.93 as of September 17, 2026. Univest data highlights the fund launched on August 31, 2023, and carries an expense ratio of 0.37% with no lock-in period or exit load.
Key Fund Metrics And Composition
The fund is managed by Abhishek Jain and Mayuresh Nagvekar with a concentrated portfolio in major technology equities. Large-cap stocks comprise 80.70% of the asset allocation, while mid-cap stocks account for 19.59%.
Top Portfolio Holdings
The fund’s top holdings are anchored by three major information technology sector leaders in India.
Infosys Limited holds the largest allocation at 28.95% of the portfolio. Tata Consultancy Services Limited follows with a 20.32% weighting. HCL Technologies Limited rounds out the major holdings at 11.47%.
Performance Overview
The fund reported negative returns over the historical evaluation window provided in the data. Specifically, the 3-year annualized return sits at -2.51%.