Bandhan Healthcare Fund vs Groww BSE Hospitals ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bandhan Healthcare Fund is a Sectoral fund and Groww BSE Hospitals ETF is an ETF fund. Bandhan Healthcare Fund charges 1.25% a year and Groww BSE Hospitals ETF 0.55%. Their portfolios overlap 20.2%: they hold 6 of the same securities.
Which is better, Bandhan Healthcare or Groww BSE Hospitals ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww BSE Hospitals ETF costs less: 0.55% a year against 1.25%.
- Bandhan Healthcare fell less in its worst fall since 04-03-2026: −10.1% against −20.4%.
- Bandhan Healthcare holds more in large companies: 30.1% of the fund in large caps against 20.1%.
- Bandhan Healthcare is the larger fund: ₹332 Cr against ₹160 Cr.
- Their portfolios overlap 20.2%: 6 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 Healthcare Fund | Groww BSE Hospitals ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Groww Mutual Fund |
| Category | Sectoral | ETF |
| AUM | ₹332 Cr (31-08-2026) | ₹160 Cr (30-09-2026) |
| NAV | ₹10.99 (Direct) | ₹46.26 |
| Expense ratio (Direct) | 1.25% | Not available |
| Expense ratio (Regular) | 2.78% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Healthcare TRI | BSE Hospitals TRI |
| Launch date | 28-11-2025 | 02-03-2026 |
| Minimum investment | ₹1,000 | 1 Unit |
| Lock in | None | None |
| Fund managers | Viraj Kulkarni, Brijesh Shah, Ritika Behera, Gaurav Satra | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | Nil |
Bandhan Healthcare vs Groww BSE Hospitals 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 Healthcare Fund (Direct) | −1.17% | −1.35% | +11.81% | -- | -- | -- | -- |
| Groww BSE Hospitals ETF | −3.08% | −15.31% | −3.59% | -- | -- | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | -- | -- | -- | -- |
Category average: the average of the 20 Sectoral funds, same plan type.
Bandhan Healthcare vs Groww BSE Hospitals ETF: Year-wise Returns
| Year | Bandhan HealthcareBandhan Healthcare | Groww BSE Hospitals ETFGroww BSE Hospitals ETF |
|---|---|---|
| 2026to date | +12.12% | -- |
Bandhan Healthcare vs Groww BSE Hospitals ETF: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of Bandhan Healthcare Fund
Bandhan Healthcare vs Groww BSE Hospitals ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Healthcare Fund (Direct) | Groww BSE Hospitals ETF |
|---|---|---|
| Return (CAGR) | +11.45% | −5.47% |
| Standard deviation | 12.98% | 18.13% |
| Sharpe ratio | 0.48 | -0.59 |
| Sortino ratio | 0.69 | -0.78 |
| Maximum drawdown | −10.1% (23-10-2026) | −20.4% (23-10-2026) |
| Beta | 0.90 | 1.00 |
| Alpha | −2.11% | −0.55% |
From daily NAVs, 02-12-2025 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.
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 Healthcare Fund (Direct)
Groww BSE Hospitals ETF
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Healthcare Fund (Direct) | −10.1% | 31-08-2026 | 23-10-2026 | Not yet | -- | −5.1% |
| Groww BSE Hospitals ETF | −20.4% | 03-07-2026 | 23-10-2026 | Not yet | -- | −15.4% |
| BSE Healthcare TRI | −9.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
From daily values since 04-03-2026, the first day every fund has.
Bandhan Healthcare vs Groww BSE Hospitals ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Healthcare Fund, August 2026; Groww BSE Hospitals ETF, September 2026
Holdings in common
- Overlap
- 20.2%
- Held by both
- 6
- Only in Bandhan Healthcare
- 29
- Only in Groww BSE Hospitals ETF
- 11
| Security | % of Bandhan Healthcare | % of Groww BSE Hospitals ETF |
|---|---|---|
| Max Healthcare Institute Limited | 5.81% | 19.82% |
| Apollo Hospitals Enterprise Limited | 5.64% | 20.07% |
| Narayana Hrudayalaya Limited | 2.59% | 5.57% |
| Global Health Limited | 2.45% | 5.42% |
| Rainbow Childrens Medicare Limited | 2.13% | 2.99% |
| Healthcare Global Enterprises Limited | 1.66% | 1.56% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.2% means 20.2% 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 Healthcare Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Limited | 10.48% |
| Cipla Limited | 6.38% |
| Divi's Laboratories Limited | 4.28% |
| Aurobindo Pharma Limited | 4.14% |
| Lupin Limited | 3.96% |
Largest holdings only in Groww BSE Hospitals ETF
| Security | % of fund |
|---|---|
| Fortis Healthcare Limited | 17.89% |
| Krishna Institute of Medical Science Ltd | 8.85% |
| Aster DM Healthcare Limited | 8.40% |
| Jupiter Life Line Hospitals Limited | 2.15% |
| Yatharth Hospital & Trauma Care Serv Ltd | 1.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Healthcare | Groww BSE Hospitals ETF |
|---|---|---|
| Equity | 96.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.0% | -0.0% |
Market cap of stocks
| Market cap | Bandhan Healthcare | Groww BSE Hospitals ETF |
|---|---|---|
| Large Cap | 30.1% | 20.1% |
| Mid Cap | 31.9% | 51.7% |
| Small Cap | 33.9% | 26.1% |
| Not on AMFI's list | 0.0% | 2.1% |
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 Healthcare | Groww BSE Hospitals ETF |
|---|---|---|
| Healthcare Services | 25.0% | 100.0% |
| Pharmaceuticals & Biotechnology | 70.0% | 0.0% |
| Insurance | 0.9% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Healthcare vs Groww BSE Hospitals ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Healthcare Fund | Groww BSE Hospitals ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.25% | Not available |
| Base expense ratio (Direct) | 0.78% | 0.45% |
| Total expense ratio (Regular) | 2.78% | Not available |
| Base expense ratio (Regular) | 2.10% | 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 Healthcare Fund vs Groww BSE Hospitals ETF: Frequently Asked Questions
What is the difference between Bandhan Healthcare Fund and Groww BSE Hospitals ETF?
Bandhan Healthcare Fund is a Sectoral fund, Groww BSE Hospitals ETF is an ETF fund, run by Bandhan Mutual Fund and Groww Mutual Fund. Their portfolios overlap 20.2%. Bandhan Healthcare Fund charges 1.25% a year and Groww BSE Hospitals ETF 0.55%.
Which has the lower expense ratio, Bandhan Healthcare Fund or Groww BSE Hospitals ETF?
Groww BSE Hospitals ETF charges less: 0.55% a year against 1.25%. These are the total expense ratios reported to AMFI.
How much do Bandhan Healthcare Fund and Groww BSE Hospitals ETF overlap?
20.2%. They hold 6 of the same securities, the largest shared ones being MAXHEALTH, APOLLOHOSP, NH. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Healthcare Fund or Groww BSE Hospitals ETF?
On SEBI's riskometer, Bandhan Healthcare Fund is rated Very High and Groww BSE Hospitals ETF Very High. Over their common history, the standard deviation of daily returns was 12.98% and 18.13% a year.
Can I invest in both Bandhan Healthcare Fund and Groww BSE Hospitals ETF?
Yes. 20.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Healthcare Fund and Groww BSE Hospitals ETF?
Bandhan Healthcare Fund: Viraj Kulkarni, Brijesh Shah, Ritika Behera, Gaurav Satra. Groww BSE Hospitals ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar.
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.