Axis Nifty 100 Index Fund vs Bandhan Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty 100 Index Fund is an Index fund and Bandhan Aggressive Hybrid Fund is an Aggressive Hybrid fund. In the 3 years to 30-10-2026, Axis Nifty 100 Index Fund (Direct) returned 8.8% a year and Bandhan Aggressive Hybrid Fund (Direct) returned 14.3% a year. Axis Nifty 100 Index Fund charges 0.26% a year and Bandhan Aggressive Hybrid Fund 0.87% (Direct plans). Their portfolios overlap 47.5%: they hold 39 of the same securities.
Axis Nifty 100 Index Fund
Index
- 3 year return
- 8.8%
- Expense ratio
- 0.26%
- NAV
- ₹21.51
Bandhan Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 14.3%
- Expense ratio
- 0.87%
- NAV
- ₹31.10
Which is better, Axis Nifty 100 Index or Bandhan Aggressive Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Aggressive Hybrid returned more over 5 years: 10.9% a year against 7.0%.
- Bandhan Aggressive Hybrid returned more over 3 years: 14.3% a year against 8.8%.
- Axis Nifty 100 Index costs less: 0.26% a year against 0.87% (Direct plans).
- Bandhan Aggressive Hybrid swung less over 3 years: a standard deviation of 11.9% a year against 13.6%.
- Bandhan Aggressive Hybrid fell less in its worst fall since 23-10-2019: −31.6% against −37.0%.
- Axis Nifty 100 Index holds more in large companies: 98.0% of the fund in large caps against 55.0%.
- Bandhan Aggressive Hybrid is the larger fund: ₹2,610 Cr against ₹1,989 Cr.
- Their portfolios overlap 47.5%: 39 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Nifty 100 Index Fund | Bandhan Aggressive Hybrid Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Bandhan Mutual Fund |
| Category | Index | Aggressive Hybrid |
| AUM | ₹1,989 Cr (30-09-2026) | ₹2,610 Cr (31-08-2026) |
| NAV | ₹21.51 (Direct) | ₹31.10 (Direct) |
| Expense ratio (Direct) | 0.26% | 0.87% |
| Expense ratio (Regular) | 0.97% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | CRISIL Hybrid 35+65 - Aggressive Index |
| Launch date | 18-10-2019 | 30-12-2016 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Harshal Joshi, Prateek Poddar |
| Exit load | Nil | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 12 months. |
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Nifty 100 Index Fund (Direct) | +1.02% | −5.36% | −3.09% | −8.92% | +8.79% | +6.97% | -- |
| Bandhan Aggressive Hybrid Fund (Direct) | −0.21% | −2.41% | +2.77% | +1.12% | +14.34% | +10.86% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Year-wise Returns
| Year | Axis Nifty 100 IndexAxis Nifty 100 Index | Bandhan Aggressive HybridBandhan Aggressive Hybrid |
|---|---|---|
| 2026to date | −9.51% | +1.29% |
| 2025 | +10.02% | +9.12% |
| 2024 | +12.57% | +22.57% |
| 2023 | +20.95% | +21.95% |
| 2022 | +4.79% | +0.22% |
| 2021 | +25.90% | +32.44% |
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Axis Nifty 100 Index Fund
Rolling returns
Every 3-year holding period, 996 of them, one for each trading day from 25-10-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Nifty 100 Index Fund (Direct)
Bandhan Aggressive Hybrid Fund (Direct)
Nifty 100 TRI
to
Feb 2023Oct 2020
to
Oct 2023Jul 2021
to
Jul 2024Mar 2022
to
Mar 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty 100 Index | 0.0 | 0.0 | 6.4 | 42.7 | 38.5 | 9.9 | 2.5 | 15.4% | 15.1% | 6.8% | 30.4% | 0% |
| Bandhan Aggressive Hybrid | 0.0 | 0.0 | 0.0 | 22.7 | 64.1 | 12.4 | 0.8 | 16.9% | 16.3% | 11.3% | 28.0% | 65% |
| Nifty 100 TRI | 0.0 | 0.0 | 4.8 | 40.8 | 41.1 | 9.7 | 3.6 | 15.7% | 15.4% | 7.1% | 31.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 23-10-2019. Past returns do not promise future returns.
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 23-10-2019 to 30-10-2026: 85 instalments, ₹8,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Nifty 100 IndexAxis Nifty 100 Index Fund (Direct) | ₹8,50,000 | ₹11,94,685 | ₹3,44,685 | 9.5% |
| Bandhan Aggressive HybridBandhan Aggressive Hybrid Fund (Direct) | ₹8,50,000 | ₹14,01,194 | ₹5,51,194 | 13.9% |
Axis Nifty 100 IndexAxis Nifty 100 Index Fund (Direct)
Bandhan Aggressive HybridBandhan Aggressive Hybrid Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty 100 Index Fund (Direct) | Bandhan Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.92% | +1.12% |
| Standard deviation | 13.88% | 11.61% |
| Sharpe ratio | -1.02 | -0.36 |
| Sortino ratio | -1.36 | -0.48 |
| Maximum drawdown | −14.9% (31-03-2026) | −10.3% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.24% | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Nifty 100 Index Fund (Direct) | Bandhan Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.79% | +14.34% |
| Standard deviation | 13.63% | 11.86% |
| Sharpe ratio | 0.20 | 0.70 |
| Sortino ratio | 0.28 | 0.95 |
| Maximum drawdown | −17.3% (28-02-2025) | −13.4% (28-02-2025) |
| Beta | 1.00 | -- |
| Alpha | −0.29% | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Nifty 100 Index Fund (Direct) | Bandhan Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.97% | +10.86% |
| Standard deviation | 13.91% | 11.50% |
| Sharpe ratio | 0.08 | 0.44 |
| Sortino ratio | 0.12 | 0.59 |
| Maximum drawdown | −17.3% (28-02-2025) | −15.5% (20-06-2022) |
| Beta | 1.00 | -- |
| Alpha | −0.24% | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Nifty 100 Index Fund (Direct) | Bandhan Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.58% | +12.22% |
| Standard deviation | 17.02% | 12.27% |
| Sharpe ratio | 0.38 | 0.56 |
| Sortino ratio | 0.51 | 0.75 |
| Maximum drawdown | −37.0% (23-03-2020) | −31.6% (23-03-2020) |
| Beta | 0.99 | -- |
| Alpha | −0.21% | -- |
From daily NAVs, 23-10-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Nifty 100 Index Fund (Direct)
Bandhan Aggressive Hybrid Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty 100 Index Fund (Direct) | −37.0% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.4% |
| Bandhan Aggressive Hybrid Fund (Direct) | −31.6% | 13-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −4.7% |
| Nifty 100 TRI | −37.9% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.1% |
From daily values since 23-10-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Nifty 100 Index Fund (Direct)
Bandhan Aggressive Hybrid Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Nifty 100 Index Fund (Direct)
Bandhan Aggressive Hybrid Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Nifty 100 Index Fund (Direct)
Bandhan Aggressive Hybrid Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty 100 Index Fund (Direct) | 99% | 100% | 0.37% |
| Bandhan Aggressive Hybrid Fund (Direct) | 87% | 65% | 6.20% |
From month-end values since 23-10-2019. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty 100 Index Fund, September 2026; Bandhan Aggressive Hybrid Fund, August 2026
Holdings in common
- Overlap
- 47.5%
- Held by both
- 39
- Only in Axis Nifty 100 Index
- 61
- Only in Bandhan Aggressive Hybrid
- 69
| Security | % of Axis Nifty 100 Index | % of Bandhan Aggressive Hybrid |
|---|---|---|
| ICICI Bank Limited | 7.34% | 5.77% |
| HDFC Bank Limited | 8.42% | 4.44% |
| Reliance Industries Limited | 6.15% | 3.80% |
| State Bank of India | 3.07% | 3.14% |
| Larsen & Toubro Limited | 3.41% | 2.06% |
| Mahindra & Mahindra Limited | 2.04% | 2.15% |
| Infosys Limited | 2.72% | 2.03% |
| Axis Bank Limited | 2.73% | 1.84% |
| Eternal Limited | 1.80% | 2.14% |
| Sun Pharmaceutical Industries Limited | 1.49% | 1.93% |
| Bharti Airtel Limited | 4.14% | 1.34% |
| NTPC Limited | 1.19% | 2.77% |
| Bharat Electronics Limited | 1.08% | 1.10% |
| JSW Steel Limited | 0.93% | 1.96% |
| Shriram Finance Limited | 1.07% | 0.91% |
| UltraTech Cement Limited | 1.00% | 0.85% |
| Titan Company Limited | 1.47% | 0.81% |
| Hindustan Unilever Limited | 1.29% | 0.81% |
| Bajaj Finserv Limited | 0.78% | 1.98% |
| Divi's Laboratories Limited | 0.91% | 0.76% |
| TVS Motor Company Limited | 0.75% | 0.98% |
| Tech Mahindra Limited | 0.75% | 1.09% |
| Grasim Industries Limited | 0.90% | 0.68% |
| Kotak Mahindra Bank Limited | 2.38% | 0.67% |
| ITC Limited | 1.96% | 0.67% |
| Adani Ports and Special Economic Zone Limited | 1.09% | 0.66% |
| SBI Life Insurance Company Limited | 0.59% | 1.09% |
| Vedanta Aluminium Metal Limited | 0.54% | 0.87% |
| Cholamandalam Investment and Finance Company Ltd | 0.54% | 0.58% |
| Bajaj Auto Limited | 0.92% | 0.51% |
| Nestle India Limited | 0.73% | 0.51% |
| Torrent Pharmaceuticals Limited | 0.55% | 0.50% |
| Varun Beverages Limited | 0.46% | 0.64% |
| Trent Limited | 0.68% | 0.45% |
| Pidilite Industries Limited | 0.35% | 0.72% |
| Eicher Motors Limited | 0.76% | 0.32% |
| Cummins India Limited | 0.50% | 0.27% |
| Tata Motors Passenger Vehicles Limited | 0.46% | 0.24% |
| Adani Energy Solutions Limited | 0.33% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.5% means 47.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 2.03% |
| Tata Consultancy Services Limited | 1.62% |
| Maruti Suzuki India Limited | 1.21% |
| Tata Steel Limited | 1.18% |
| Hindalco Industries Limited | 1.06% |
Largest holdings only in Bandhan Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 7.07% Bajaj Finance Limited | 2.82% |
| 7.3% GOI (MD 19/06/2053) | 2.04% |
| 7.83% Bajaj Housing Finance Limited | 1.91% |
| One 97 Communications Limited | 1.73% |
| 7.45% Power Finance Corporation Limited | 1.72% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty 100 Index | Bandhan Aggressive Hybrid |
|---|---|---|
| Equity | 100.0% | 79.6% |
| Debt | 0.0% | 18.6% |
| Cash and others | -0.0% | 1.8% |
Market cap of stocks
| Market cap | Axis Nifty 100 Index | Bandhan Aggressive Hybrid |
|---|---|---|
| Large Cap | 98.0% | 55.0% |
| Mid Cap | 2.0% | 10.8% |
| Small Cap | 0.0% | 13.5% |
| Not on AMFI's list | 0.0% | 0.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Nifty 100 Index | Bandhan Aggressive Hybrid |
|---|---|---|
| Banks | 25.1% | 16.6% |
| Petroleum Products | 7.0% | 3.8% |
| IT - Software | 6.7% | 4.2% |
| Automobiles | 6.4% | 4.2% |
| Finance | 6.2% | 4.4% |
| Pharmaceuticals & Biotechnology | 4.3% | 5.0% |
| Telecom - Services | 4.4% | 1.8% |
| Retailing | 3.0% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty 100 Index vs Bandhan Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty 100 Index Fund | Bandhan Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.26% | 0.87% |
| Base expense ratio (Direct) | 0.18% | 0.51% |
| Total expense ratio (Regular) | 0.97% | 2.24% |
| Base expense ratio (Regular) | 0.79% | 1.69% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Axis Nifty 100 Index Fund vs Bandhan Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between Axis Nifty 100 Index Fund and Bandhan Aggressive Hybrid Fund?
Axis Nifty 100 Index Fund is an Index fund, Bandhan Aggressive Hybrid Fund is an Aggressive Hybrid fund, run by Axis Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 47.5%. Axis Nifty 100 Index Fund charges 0.26% a year and Bandhan Aggressive Hybrid Fund 0.87%.
Which has given higher returns, Axis Nifty 100 Index Fund or Bandhan Aggressive Hybrid Fund?
Over 1 year: Axis Nifty 100 Index Fund −8.92%, Bandhan Aggressive Hybrid Fund +1.12%. Over 3 years: Axis Nifty 100 Index Fund +8.79% a year, Bandhan Aggressive Hybrid Fund +14.34% a year. Over 5 years: Axis Nifty 100 Index Fund +6.97% a year, Bandhan Aggressive Hybrid Fund +10.86% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Nifty 100 Index Fund or Bandhan Aggressive Hybrid Fund?
Axis Nifty 100 Index Fund charges less: 0.26% a year against 0.87%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty 100 Index Fund and Bandhan Aggressive Hybrid Fund overlap?
47.5%. They hold 39 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty 100 Index Fund or Bandhan Aggressive Hybrid Fund?
On SEBI's riskometer, Axis Nifty 100 Index Fund is rated Very High and Bandhan Aggressive Hybrid Fund Very High. Over 3 years, the standard deviation of daily returns was 13.63% and 11.86% a year.
Which is better for SIP, Axis Nifty 100 Index Fund or Bandhan Aggressive Hybrid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,06,250 in Axis Nifty 100 Index Fund (XIRR 5.7% a year) and ₹8,22,179 in Bandhan Aggressive Hybrid Fund (XIRR 11.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Nifty 100 Index Fund and Bandhan Aggressive Hybrid Fund?
Yes. 47.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty 100 Index Fund and Bandhan Aggressive Hybrid Fund?
Axis Nifty 100 Index Fund: Nandik Malik, Rohit Gautam. Bandhan Aggressive Hybrid Fund: Harshal Joshi, Prateek Poddar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.