Bandhan BSE Healthcare Index Fund vs Mirae Asset Nifty 500 Healthcare ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bandhan BSE Healthcare Index Fund is an Index fund and Mirae Asset Nifty 500 Healthcare ETF is an ETF fund. Bandhan BSE Healthcare Index Fund charges 0.34% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%. Their portfolios overlap 85.9%: they hold 44 of the same securities.
Bandhan BSE Healthcare Index Fund
Index
- Expense ratio
- 0.34%
- NAV
- ₹11.58
Mirae Asset Nifty 500 Healthcare ETF
ETF
- Expense ratio
- 0.35%
- NAV
- ₹21.44
Which is better, Bandhan BSE Healthcare Index or Mirae Asset Nifty 500 Healthcare ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan BSE Healthcare Index costs less: 0.34% a year against 0.35%.
- Mirae Asset Nifty 500 Healthcare ETF fell less in its worst fall since 11-02-2026: −9.6% against −10.0%.
- Bandhan BSE Healthcare Index is the larger fund: ₹21 Cr against ₹15 Cr.
- Their portfolios overlap 85.9%: 44 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 | Bandhan BSE Healthcare Index Fund | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | ETF |
| AUM | ₹21 Cr (31-08-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹11.58 (Direct) | ₹21.44 |
| Expense ratio (Direct) | 0.34% | Not available |
| Expense ratio (Regular) | 1.15% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Healthcare TRI | Nifty500 Healthcare TRI |
| Launch date | 06-09-2024 | Not available |
| Minimum investment | ₹1,000 | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Ekta Gala, amp, Ritesh Patel |
| Exit load | • 0.25% if redeemed on or before 15 days from the allotment date. • Nil if redeemed after 15 days from allotment date. | NIL |
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: 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 |
|---|---|---|---|---|---|---|---|
| Bandhan BSE Healthcare Index Fund (Direct) | +0.22% | −1.08% | +12.61% | +11.96% | -- | -- | -- |
| Mirae Asset Nifty 500 Healthcare ETF | +1.43% | −0.66% | +12.95% | -- | -- | -- | -- |
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: Year-wise Returns
| Year | Bandhan BSE Healthcare IndexBandhan BSE Healthcare Index | Mirae Asset Nifty 500 Healthcare ETFMirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| 2026to date | +14.73% | -- |
| 2025 | −2.98% | -- |
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of Bandhan BSE Healthcare Index Fund
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan BSE Healthcare Index Fund (Direct) | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Return (CAGR) | +7.26% | +23.46% |
| Standard deviation | 14.58% | 14.16% |
| Sharpe ratio | 0.11 | 1.29 |
| Sortino ratio | 0.15 | 1.90 |
| Maximum drawdown | −16.2% (28-02-2025) | −9.6% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.33% | −0.22% |
From daily NAVs, 09-09-2024 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.
Bandhan BSE Healthcare Index Fund (Direct)
Mirae Asset Nifty 500 Healthcare ETF
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan BSE Healthcare Index Fund (Direct) | −10.0% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
| Mirae Asset Nifty 500 Healthcare ETF | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| BSE Healthcare TRI | −9.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
From daily values since 11-02-2026, the first day every fund has.
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan BSE Healthcare Index Fund, August 2026; Mirae Asset Nifty 500 Healthcare ETF, September 2026
Holdings in common
- Overlap
- 85.9%
- Held by both
- 44
- Only in Bandhan BSE Healthcare Index
- 81
- Only in Mirae Asset Nifty 500 Healthcare ETF
- 0
| Security | % of Bandhan BSE Healthcare Index | % of Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 12.95% | 10.13% |
| Divi's Laboratories Limited | 7.22% | 8.76% |
| Apollo Hospitals Enterprise Limited | 5.55% | 6.24% |
| Cipla Limited | 4.91% | 5.62% |
| Max Healthcare Institute Limited | 4.62% | 5.13% |
| Laurus Labs Limited | 4.48% | 5.72% |
| Torrent Pharmaceuticals Limited | 4.36% | 5.24% |
| Dr. Reddy's Laboratories Limited | 4.35% | 5.58% |
| Lupin Limited | 3.24% | 3.66% |
| Fortis Healthcare Limited | 2.90% | 2.98% |
| Aurobindo Pharma Limited | 2.89% | 3.43% |
| Glenmark Pharmaceuticals Limited | 2.28% | 2.61% |
| Alkem Laboratories Limited | 1.92% | 2.31% |
| Zydus Lifesciences Limited | 1.79% | 2.14% |
| Biocon Limited | 1.77% | 1.91% |
| IPCA Laboratories Limited | 1.69% | 1.98% |
| Mankind Pharma Limited | 1.64% | 2.10% |
| Gland Pharma Limited | 1.40% | 1.71% |
| Aster DM Quality Care Limited | 1.22% | 1.38% |
| Sai Life Sciences Limited | 1.21% | 1.56% |
| Neuland Laboratories Limited | 1.21% | 1.36% |
| Krishna Institute Of Medical Sciences Limited | 1.15% | 1.48% |
| Acutaas Chemicals Limited | 1.00% | 1.26% |
| Wockhardt Limited | 0.96% | 1.30% |
| Ajanta Pharma Limited | 0.94% | 1.22% |
| Dr. Lal Path Labs Limited | 0.92% | 1.15% |
| Piramal Pharma Limited | 0.82% | 0.95% |
| Abbott India Limited | 0.81% | 1.04% |
| Narayana Hrudayalaya Limited | 0.81% | 0.92% |
| Global Health Limited | 0.78% | 0.90% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.76% | 0.85% |
| Granules India Limited | 0.73% | 0.93% |
| Onesource Specialty Pharma Limited | 0.72% | 0.89% |
| Anthem Biosciences Limited | 0.77% | 0.69% |
| Syngene International Limited | 0.47% | 0.51% |
| Natco Pharma Limited | 0.47% | 0.55% |
| Cohance Lifesciences Limited | 0.45% | 0.54% |
| Vijaya Diagnostic Centre Limited | 0.45% | 0.52% |
| Rainbow Childrens Medicare Limited | 0.44% | 0.49% |
| Poly Medicure Limited | 0.41% | 0.47% |
| Emcure Pharmaceuticals Limited | 0.39% | 0.60% |
| Rubicon Research Limited | 0.35% | 0.43% |
| Caplin Point Laboratories Limited | 0.31% | 0.40% |
| Concord Biotech Limited | 0.30% | 0.34% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 85.9% means 85.9% 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 Bandhan BSE Healthcare Index Fund
| Security | % of fund |
|---|---|
| Shilpa Medicare Limited | 0.68% |
| Eris Lifesciences Limited | 0.49% |
| Pfizer Limited | 0.43% |
| Jubilant Pharmova Limited | 0.43% |
| Marksans Pharma Limited | 0.42% |
Largest holdings only in Mirae Asset Nifty 500 Healthcare ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan BSE Healthcare Index | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.0% |
Market cap of stocks
| Market cap | Bandhan BSE Healthcare Index | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Large Cap | 35.0% | 36.0% |
| Mid Cap | 38.9% | 45.6% |
| Small Cap | 25.9% | 18.3% |
| Not on AMFI's list | 0.3% | 0.0% |
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 | Bandhan BSE Healthcare Index | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 77.1% | 77.8% |
| Healthcare Services | 22.5% | 21.7% |
| Healthcare Equipment & Supplies | 0.5% | 0.5% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan BSE Healthcare Index vs Mirae Asset Nifty 500 Healthcare ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan BSE Healthcare Index Fund | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.34% | Not available |
| Base expense ratio (Direct) | 0.19% | 0.00% |
| Total expense ratio (Regular) | 1.15% | Not available |
| Base expense ratio (Regular) | 0.88% | 0.16% |
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.
Bandhan BSE Healthcare Index Fund vs Mirae Asset Nifty 500 Healthcare ETF: Frequently Asked Questions
What is the difference between Bandhan BSE Healthcare Index Fund and Mirae Asset Nifty 500 Healthcare ETF?
Bandhan BSE Healthcare Index Fund is an Index fund, Mirae Asset Nifty 500 Healthcare ETF is an ETF fund, run by Bandhan Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 85.9%. Bandhan BSE Healthcare Index Fund charges 0.34% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%.
Which has the lower expense ratio, Bandhan BSE Healthcare Index Fund or Mirae Asset Nifty 500 Healthcare ETF?
Bandhan BSE Healthcare Index Fund charges less: 0.34% a year against 0.35%. These are the total expense ratios reported to AMFI.
How much do Bandhan BSE Healthcare Index Fund and Mirae Asset Nifty 500 Healthcare ETF overlap?
85.9%. They hold 44 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Which is riskier, Bandhan BSE Healthcare Index Fund or Mirae Asset Nifty 500 Healthcare ETF?
On SEBI's riskometer, Bandhan BSE Healthcare Index Fund is rated Very High and Mirae Asset Nifty 500 Healthcare ETF Very High. Over their common history, the standard deviation of daily returns was 14.58% and 14.16% a year.
Can I invest in both Bandhan BSE Healthcare Index Fund and Mirae Asset Nifty 500 Healthcare ETF?
Yes. 85.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan BSE Healthcare Index Fund and Mirae Asset Nifty 500 Healthcare ETF?
Bandhan BSE Healthcare Index Fund: Abhishek Jain. Mirae Asset Nifty 500 Healthcare ETF: Ekta Gala, amp, Ritesh Patel.
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.