Bandhan Focused Fund vs Nippon India ETF BSE Sensex
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Focused Fund is a Focused fund and Nippon India ETF BSE Sensex is a mutual fund. In the 3 years to 30-10-2026, Bandhan Focused Fund (Direct) returned 14.3% a year and Nippon India ETF BSE Sensex (Direct) returned 6.3% a year. Bandhan Focused Fund charges 1.02% a year and Nippon India ETF BSE Sensex 0.04% (Direct plans). Their portfolios overlap 31.9%: they hold 10 of the same securities.
Nippon India ETF BSE Sensex
- 3 year return
- 6.3%
- Expense ratio
- 0.04%
- NAV
- ₹857.24
Which is better, Bandhan Focused or Nippon India ETF BSE Sensex? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Focused returned more over 5 years: 10.6% a year against 5.9%.
- Bandhan Focused returned more over 3 years: 14.3% a year against 6.3%.
- Nippon India ETF BSE Sensex costs less: 0.04% a year against 1.02% (Direct plans).
- Nippon India ETF BSE Sensex swung less over 3 years: a standard deviation of 13.3% a year against 15.2%.
- Bandhan Focused fell less in its worst fall since 25-09-2014: −37.5% against −37.8%.
- Nippon India ETF BSE Sensex holds more in large companies: 100.0% of the fund in large caps against 37.7%.
- Nippon India ETF BSE Sensex is the larger fund: ₹27,771 Cr against ₹2,094 Cr.
- Their portfolios overlap 31.9%: 10 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 Focused Fund | Nippon India ETF BSE Sensex |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Nippon India Mutual Fund |
| Category | Focused | Not available |
| AUM | ₹2,094 Cr (31-08-2026) | ₹27,771 Cr (30-09-2026) |
| NAV | ₹101.26 (Direct) | ₹857.24 (Direct) |
| Expense ratio (Direct) | 1.02% | 0.04% |
| Expense ratio (Regular) | 2.28% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE 500 TRI | Not available |
| Launch date | 16-03-2006 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Manish Gunwani, Kirthi Jain, Rahul Agarwal, Ritika Behera, Gaurav Satra | Not available |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. | Not available |
Bandhan Focused vs Nippon India ETF BSE Sensex: 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 Focused Fund (Direct) | −4.52% | −3.55% | −2.57% | −5.46% | +14.34% | +10.58% | +13.21% |
| Nippon India ETF BSE Sensex (Direct) | +2.77% | −4.29% | −2.42% | −10.97% | +6.26% | +5.87% | +11.53% |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | +13.15% |
Category average: the average of the 28 Focused funds, same plan type.
Bandhan Focused vs Nippon India ETF BSE Sensex: Year-wise Returns
| Year | Bandhan FocusedBandhan Focused | Nippon India ETF BSE SensexNippon India ETF BSE Sensex |
|---|---|---|
| 2026to date | −2.69% | −11.85% |
| 2025 | −0.37% | +10.33% |
| 2024 | +32.01% | +9.39% |
| 2023 | +33.00% | +20.36% |
| 2022 | −3.73% | +5.73% |
| 2021 | +26.28% | +23.06% |
Bandhan Focused vs Nippon India ETF BSE Sensex: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Bandhan Focused Fund
Rolling returns
Every 3-year holding period, 2,249 of them, one for each trading day from 25-09-2017 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.
Bandhan Focused Fund (Direct)
Nippon India ETF BSE Sensex (Direct)
BSE 500 TRI
to
Jun 2018Jan 2017
to
Jan 2020Jul 2018
to
Jul 2021Feb 2020
to
Feb 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Focused | 1.6 | 7.8 | 9.2 | 26.0 | 43.8 | 11.3 | 0.3 | 14.4% | 15.5% | −3.2% | 26.9% | 52% |
| Nippon India ETF BSE Sensex | 0.3 | 3.5 | 18.9 | 40.0 | 29.4 | 5.8 | 2.0 | 13.4% | 13.7% | −2.8% | 31.9% | 30% |
| BSE 500 TRI | 2.2 | 5.0 | 8.8 | 34.9 | 33.0 | 12.2 | 3.9 | 14.7% | 14.9% | −6.2% | 33.9% | -- |
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 BSE 500 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 25-09-2014. Past returns do not promise future returns.
Bandhan Focused vs Nippon India ETF BSE Sensex: 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 01-09-2014 to 30-10-2026: 146 instalments, ₹14,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan FocusedBandhan Focused Fund (Direct) | ₹14,60,000 | ₹32,77,974 | ₹18,17,974 | 12.6% |
| Nippon India ETF BSE SensexNippon India ETF BSE Sensex (Direct) | ₹14,60,000 | ₹28,11,813 | ₹13,51,813 | 10.3% |
Bandhan FocusedBandhan Focused Fund (Direct)
Nippon India ETF BSE SensexNippon India ETF BSE Sensex (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.
Bandhan Focused vs Nippon India ETF BSE Sensex: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Focused Fund (Direct) | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | −5.46% | −10.97% |
| Standard deviation | 16.00% | 13.99% |
| Sharpe ratio | -0.67 | -1.16 |
| Sortino ratio | -0.92 | -1.55 |
| Maximum drawdown | −14.7% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.04 | 1.00 |
| Alpha | +2.76% | −0.07% |
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 | Bandhan Focused Fund (Direct) | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +14.34% | +6.26% |
| Standard deviation | 15.18% | 13.26% |
| Sharpe ratio | 0.55 | 0.02 |
| Sortino ratio | 0.77 | 0.02 |
| Maximum drawdown | −17.8% (07-04-2025) | −16.1% (31-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | +4.49% | −0.06% |
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 | Bandhan Focused Fund (Direct) | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +10.58% | +5.87% |
| Standard deviation | 14.88% | 13.76% |
| Sharpe ratio | 0.32 | 0.00 |
| Sortino ratio | 0.45 | 0.01 |
| Maximum drawdown | −20.2% (17-06-2022) | −16.1% (31-03-2026) |
| Beta | 0.98 | 1.00 |
| Alpha | +2.00% | −0.05% |
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 | Bandhan Focused Fund (Direct) | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +12.42% | +10.19% |
| Standard deviation | 16.08% | 15.93% |
| Sharpe ratio | 0.40 | 0.28 |
| Sortino ratio | 0.54 | 0.38 |
| Maximum drawdown | −37.5% (23-03-2020) | −37.8% (23-03-2020) |
| Beta | 0.96 | 1.00 |
| Alpha | −0.16% | −0.07% |
From daily NAVs, 02-01-2013 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 Focused Fund (Direct)
Nippon India ETF BSE Sensex (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Focused Fund (Direct) | −37.5% | 20-02-2020 | 23-03-2020 | 09-10-2020 | 7 months | −8.5% |
| Nippon India ETF BSE Sensex (Direct) | −37.8% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 25-09-2014, 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.
Bandhan Focused Fund (Direct)
Nippon India ETF BSE Sensex (Direct)
BSE 500 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.
Bandhan Focused Fund (Direct)
Nippon India ETF BSE Sensex (Direct)
BSE 500 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.
Bandhan Focused Fund (Direct)
Nippon India ETF BSE Sensex (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Focused Fund (Direct) | 95% | 90% | 6.52% |
| Nippon India ETF BSE Sensex (Direct) | 91% | 94% | 4.25% |
From month-end values since 25-09-2014. 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.
Bandhan Focused vs Nippon India ETF BSE Sensex: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Focused Fund, August 2026; Nippon India ETF BSE Sensex, September 2026
Holdings in common
- Overlap
- 31.9%
- Held by both
- 10
- Only in Bandhan Focused
- 19
- Only in Nippon India ETF BSE Sensex
- 20
| Security | % of Bandhan Focused | % of Nippon India ETF BSE Sensex |
|---|---|---|
| HDFC Bank Limited | 6.22% | 12.59% |
| ICICI Bank Limited | 4.93% | 11.03% |
| Kotak Mahindra Bank Limited | 3.27% | 3.57% |
| State Bank of India | 3.23% | 4.64% |
| Reliance Industries Limited | 3.11% | 9.15% |
| Eternal Limited | 3.05% | 2.69% |
| Larsen & Toubro Limited | 2.58% | 5.11% |
| Tata Consultancy Services Limited | 2.18% | 2.41% |
| Infosys Limited | 1.88% | 4.08% |
| NTPC Limited | 1.94% | 1.78% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.9% means 31.9% 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 Focused Fund
| Security | % of fund |
|---|---|
| LT Foods Limited | 9.04% |
| Prestige Estates Projects Limited | 6.71% |
| Cholamandalam Financial Holdings Limited | 5.80% |
| Glenmark Pharmaceuticals Limited | 5.60% |
| Jubilant Pharmova Limited | 5.09% |
Largest holdings only in Nippon India ETF BSE Sensex
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 6.38% |
| Axis Bank Limited | 4.08% |
| Mahindra & Mahindra Limited | 3.07% |
| Bajaj Finance Limited | 2.99% |
| ITC Limited | 2.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Focused | Nippon India ETF BSE Sensex |
|---|---|---|
| Equity | 97.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 0.0% |
Market cap of stocks
| Market cap | Bandhan Focused | Nippon India ETF BSE Sensex |
|---|---|---|
| Large Cap | 37.7% | 100.0% |
| Mid Cap | 13.6% | 0.0% |
| Small Cap | 43.3% | 0.0% |
| Not on AMFI's list | 3.0% | 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 Focused | Nippon India ETF BSE Sensex |
|---|---|---|
| Banks | 19.9% | 35.9% |
| Pharmaceuticals & Biotechnology | 11.9% | 2.3% |
| Finance | 9.4% | 4.1% |
| Petroleum Products | 3.1% | 9.2% |
| IT - Software | 4.1% | 9.1% |
| Agricultural Food & other Products | 9.0% | 0.0% |
| Realty | 9.0% | 0.0% |
| Telecom - Services | 0.0% | 6.4% |
| Retailing | 6.3% | 3.7% |
| Construction | 2.6% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Focused vs Nippon India ETF BSE Sensex: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Focused Fund | Nippon India ETF BSE Sensex |
|---|---|---|
| Total expense ratio (Direct) | 1.02% | 0.04% |
| Base expense ratio (Direct) | 0.68% | 0.03% |
| Total expense ratio (Regular) | 2.28% | Not available |
| Base expense ratio (Regular) | 1.76% | 0.00% |
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
Bandhan Focused Fund vs Nippon India ETF BSE Sensex: Frequently Asked Questions
What is the difference between Bandhan Focused Fund and Nippon India ETF BSE Sensex?
Bandhan Focused Fund is a Focused fund, Nippon India ETF BSE Sensex is a mutual fund, run by Bandhan Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 31.9%. Bandhan Focused Fund charges 1.02% a year and Nippon India ETF BSE Sensex 0.04%.
Which has given higher returns, Bandhan Focused Fund or Nippon India ETF BSE Sensex?
Over 1 year: Bandhan Focused Fund −5.46%, Nippon India ETF BSE Sensex −10.97%. Over 3 years: Bandhan Focused Fund +14.34% a year, Nippon India ETF BSE Sensex +6.26% a year. Over 5 years: Bandhan Focused Fund +10.58% a year, Nippon India ETF BSE Sensex +5.87% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Focused Fund or Nippon India ETF BSE Sensex?
Nippon India ETF BSE Sensex charges less: 0.04% a year against 1.02%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Focused Fund and Nippon India ETF BSE Sensex overlap?
31.9%. They hold 10 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Bandhan Focused Fund or Nippon India ETF BSE Sensex?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,99,835 in Bandhan Focused Fund (XIRR 10.6% a year) and ₹6,79,092 in Nippon India ETF BSE Sensex (XIRR 4.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Focused Fund and Nippon India ETF BSE Sensex?
Yes. 31.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.