Bandhan Nifty Next 50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Bandhan Nifty Next 50 Index Fund Direct Growth Plan has a NAV of ₹12.416 as of 15 Sep 2026 and manages ₹35 Cr. Its 1-year, 3-year and 5-year returns are 3.04%, 0% and 0%, and the scheme sits in the High Risk category. Our view is that it is best read as a recently launched index fund with limited longer track record, so the current appeal depends more on index exposure and portfolio composition than on a proven multi-year return record.

The fund may suit investors who are comfortable with sharper swings and want a low-cost index structure, but the short history means the return profile still needs time to mature. The portfolio is built around a concentrated set of large positions, so the next phase of performance will likely depend on how those names behave versus the benchmark.

Quick facts

Particular	Details
NAV	₹12.416 as of 15 Sep 2026
AUM	₹35 Cr
Expense Ratio	0.23%
Launch Date	28 Feb 2025
Min SIP	₹100
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	No exit load
Fund Managers	Abhishek Jain, Mayuresh Nagvekar

The fund is managed by Abhishek Jain and Mayuresh Nagvekar.

Source data date: as of 15 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-5.62%	-4.81%
3M	-1.85%	-3.63%
1Y	3.04%	-8.27%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

Recent performance has been uneven, with the fund weakening over the most recent month while still holding up better than the benchmark over three months and one year. That pattern tells us the fund has not moved in a straight line, but it has shown an ability to soften some of the benchmark’s weakness over the longer of the two reported horizons.

The one-year number matters more here than the missing longer history. The fund is positive over 1 year, while the benchmark is negative over the same period, which suggests the portfolio has done a better job of preserving value through the year than the benchmark reference point used on this page.

At the same time, the short-dated figures are softer than the one-year picture. That gap matters because it suggests the recent run has been weaker than the broader 12-month trend, so investors should not assume a smooth path from here simply because the one-year return is positive.

Since the scheme was launched in 2025, the 3-year and 5-year return fields are not available in a meaningful way on this page. For that reason, the one-year comparison and the short-term drift in the performance path are more useful than any attempt to read a longer compounding record into the fund.

Source data date: as of 15 Sep 2026

Should you BUY or HOLD Bandhan Nifty Next 50 Index?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

Already holding Bandhan Nifty Next 50 Index? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
Bandhan Nifty Next 50 Index Fund Direct Growth Plan	3.04%	Data not available	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	32.61%	29.92%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	25.91%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.71%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.15%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	18.11%	18.92%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The comparison is clear on the numbers that are available: the fund’s 1-year return is far below the strongest peer figures shown here, even though it is positive while a couple of the benchmark-style peer funds are still showing much stronger gains. That makes the fund’s recent return profile look modest rather than standout.

The longer-horizon picture is harder to compare because this scheme does not yet have meaningful 3-year or 5-year figures, while some peers do. Where those longer numbers exist, they are well above the fund’s current 1-year reading, so the contrast is more about maturity of track record than about a simple one-period gap.

In our view, the peer set tells two different stories: the fund is not matching the stronger short-term gains seen in some peers, but its own newer vintage means direct long-term comparison is limited. Investors should therefore treat the available peer data as a reference point for context, not as proof of what this scheme can or cannot do over time.

Source data date: as of 15 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Divi'S Laboratories Limited	Healthcare	4.74%
TVS Motor Company Limited	Automobile & Ancillaries	4.02%
Tata Motors Ltd	Domestic Equities	3.88%
Hindustan Aeronautics Limited	Capital Goods	3.59%
Adani Power Limited	Power	3.24%
Cholamandalam Investment and Finance Company Ltd	Finance	3.17%
Samvardhana Motherson International Limited	Automobile & Ancillaries	2.97%
Torrent Pharmaceuticals Limited	Healthcare	2.93%
Cummins India Limited	Automobile & Ancillaries	2.72%
Bharat Petroleum Corporation Limited	Crude Oil	2.59%

The largest holding is Divi'S Laboratories Limited at 4.74%, so no single position dominates the portfolio on its own. The weight then steps down gradually rather than collapsing after the first name, with the tenth holding still at 2.59%, which suggests the top slice is spread across several reasonably sized positions.

The top 10 holdings together account for approximately 33.85% of the portfolio. Because the scheme has 50 disclosed holdings in total, the rest of the portfolio is spread across a fairly long tail, which may reduce dependence on just a few names even though the leading positions can still have a noticeable impact.

That mix points to a moderate level of concentration within the visible holdings: the fund is not narrowly held, but the top names are still large enough to matter. For an index fund, this structure may create a return path that is closely tied to the behaviour of a handful of the biggest constituents while still leaving meaningful room for the broader basket to contribute.

To see all holdings, visit the Bandhan Nifty Next 50 Index Fund Direct Growth Plan page

Source data date: as of 15 Sep 2026

Who should invest

This fund fits investors who can tolerate High Risk and are comfortable with a newer index strategy that has a short public return history. The positive 1-year return is encouraging relative to the benchmark, but the weaker recent 1-month and 3-month figures show that the path can still be choppy.

It is better suited to a longer horizon than a short trading window, because the portfolio needs time for the index exposure to play out. The main trade-off is that investors get a low-cost, rules-based structure, but they also have to accept meaningful volatility and the fact that the longer return record is not yet available here.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: No exit load.

Source data date: as of 15 Sep 2026

Frequently asked questions

What is the current NAV of Bandhan Nifty Next 50 Index Fund Direct Growth Plan?

The current NAV is ₹12.416 as of 15 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The 1-year return is 3.04%, while the 3-year and 5-year returns are Data not available on this page.

How does the fund compare with its benchmark?

Over 1 year, the fund has returned 3.04% versus -8.27% for the benchmark. Over 3 months, the fund is at -1.85% versus -3.63% for the benchmark.

How does it compare with the peer funds shown here?

The fund’s 1-year return of 3.04% is below the stronger 1-year figures shown for the peer funds listed here. The longer-horizon comparison is limited because this scheme does not yet have meaningful 3-year or 5-year numbers on this page.

Is there a minimum SIP amount?

Yes, the minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?

The fund is managed by Abhishek Jain and Mayuresh Nagvekar. There is no exit load.

Bottom line

This fund’s recent path is mixed: the 1-year return is positive and better than the benchmark, but the shorter-term numbers are softer, so the near-term trend is not especially steady. Compared with the peer figures shown here, its current return looks modest, while its own longer-term history is still too short to draw a deep compounding conclusion. The portfolio is fairly spread out across 50 holdings, with the largest names carrying noticeable but not overwhelming weight, which may suit investors who want broad index exposure and can handle High Risk.

Published on 16 September 2026 at 2:08 PM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.