Bandhan Nifty 100 Index Fund vs Franklin India Multi-Factor Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty 100 Index Fund is an Index fund and Franklin India Multi-Factor Fund is a Thematic fund. Bandhan Nifty 100 Index Fund charges 0.18% a year and Franklin India Multi-Factor Fund 1.14% (Direct plans). Their portfolios overlap 58.2%: they hold 50 of the same securities.
Franklin India Multi-Factor Fund
Thematic
- Expense ratio
- 1.14%
- NAV
- ₹9.02
Which is better, Bandhan Nifty 100 Index or Franklin India Multi-Factor? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Nifty 100 Index costs less: 0.18% a year against 1.14% (Direct plans).
- Franklin India Multi-Factor fell less in its worst fall since 28-11-2025: −13.8% against −14.9%.
- Bandhan Nifty 100 Index holds more in large companies: 97.9% of the fund in large caps against 71.7%.
- Franklin India Multi-Factor is the larger fund: ₹581 Cr against ₹266 Cr.
- Their portfolios overlap 58.2%: 50 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 Nifty 100 Index Fund | Franklin India Multi-Factor Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Franklin Templeton Mutual Fund |
| Category | Index | Thematic |
| AUM | ₹266 Cr (31-08-2026) | ₹581 Cr (30-09-2026) |
| NAV | ₹14.41 (Direct) | ₹9.02 (Direct) |
| Expense ratio (Direct) | 0.18% | 1.14% |
| Expense ratio (Regular) | 0.68% | 2.80% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 100 TRI | Not available |
| Launch date | 24-02-2022 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Jain | Not available |
| Exit load | Nil | Not available |
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: 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 Nifty 100 Index Fund (Direct) | +1.03% | −5.35% | −3.06% | −8.85% | +8.87% | -- | -- |
| Franklin India Multi-Factor Fund (Direct) | −0.19% | −6.70% | −5.31% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: Year-wise Returns
| Year | Bandhan Nifty 100 IndexBandhan Nifty 100 Index | Franklin India Multi-FactorFranklin India Multi-Factor |
|---|---|---|
| 2026to date | −9.46% | −10.63% |
| 2025 | +10.06% | -- |
| 2024 | +12.69% | -- |
| 2023 | +21.06% | -- |
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Bandhan Nifty 100 Index Fund
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty 100 Index Fund (Direct) | Franklin India Multi-Factor Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.81% | −10.62% |
| Standard deviation | 13.41% | 14.25% |
| Sharpe ratio | 0.21 | -1.11 |
| Sortino ratio | 0.29 | -1.45 |
| Maximum drawdown | −17.3% (28-02-2025) | −13.8% (31-03-2026) |
| Beta | 1.00 | 0.97 |
| Alpha | −0.20% | −1.09% |
From daily NAVs, 25-02-2022 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 Nifty 100 Index Fund (Direct)
Franklin India Multi-Factor Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.3% |
| Franklin India Multi-Factor Fund (Direct) | −13.8% | 02-01-2026 | 31-03-2026 | Not yet | -- | −11.3% |
| Nifty 100 TRI | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.1% |
From daily values since 28-11-2025, the first day every fund has.
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty 100 Index Fund, August 2026; Franklin India Multi-Factor Fund, September 2026
Holdings in common
- Overlap
- 58.2%
- Held by both
- 50
- Only in Bandhan Nifty 100 Index
- 50
- Only in Franklin India Multi-Factor
- 40
| Security | % of Bandhan Nifty 100 Index | % of Franklin India Multi-Factor |
|---|---|---|
| HDFC Bank Limited | 8.13% | 5.90% |
| ICICI Bank Limited | 7.80% | 5.08% |
| Reliance Industries Limited | 6.46% | 4.24% |
| Bharti Airtel Limited | 4.12% | 3.83% |
| State Bank of India | 3.28% | 2.71% |
| Larsen & Toubro Limited | 3.54% | 2.67% |
| Infosys Limited | 2.98% | 2.32% |
| ITC Limited | 1.84% | 2.30% |
| Bajaj Finance Limited | 2.12% | 1.58% |
| Titan Company Limited | 1.58% | 1.92% |
| Sun Pharmaceutical Industries Limited | 1.57% | 1.97% |
| Axis Bank Limited | 2.80% | 1.46% |
| Tata Consultancy Services Limited | 1.83% | 1.21% |
| NTPC Limited | 1.16% | 1.24% |
| HCL Technologies Limited | 1.04% | 1.20% |
| Mahindra & Mahindra Limited | 2.19% | 1.01% |
| Bajaj Auto Limited | 1.01% | 1.37% |
| Bharat Electronics Limited | 1.11% | 1.00% |
| Kotak Mahindra Bank Limited | 2.31% | 0.90% |
| Divi's Laboratories Limited | 0.90% | 1.33% |
| Nestle India Limited | 0.80% | 1.34% |
| Hindalco Industries Limited | 1.10% | 0.79% |
| Shriram Finance Limited | 1.16% | 0.78% |
| Tata Motors Ltd | 0.74% | 1.13% |
| Coal India Limited | 0.72% | 1.42% |
| Trent Limited | 0.72% | 1.03% |
| Apollo Hospitals Enterprise Limited | 0.69% | 1.23% |
| Eternal Limited | 1.78% | 0.69% |
| Hindustan Aeronautics Limited | 0.68% | 0.65% |
| Adani Power Limited | 0.62% | 1.02% |
| Samvardhana Motherson International Limited | 0.56% | 1.28% |
| Cummins India Limited | 0.52% | 0.99% |
| UltraTech Cement Limited | 1.01% | 0.52% |
| Tech Mahindra Limited | 0.77% | 0.51% |
| Tata Steel Limited | 1.14% | 0.51% |
| Bharat Petroleum Corporation Limited | 0.49% | 0.79% |
| The Indian Hotels Company Limited | 0.49% | 0.83% |
| Hindustan Unilever Limited | 1.31% | 0.48% |
| HDFC Asset Management Company Limited | 0.40% | 0.71% |
| Pidilite Industries Limited | 0.39% | 0.63% |
| Solar Industries India Limited | 0.37% | 1.20% |
| Power Finance Corporation Limited | 0.37% | 0.87% |
| Adani Energy Solutions Limited | 0.35% | 0.97% |
| Bank of Baroda | 0.33% | 0.76% |
| United Spirits Limited | 0.33% | 0.44% |
| Canara Bank | 0.32% | 1.09% |
| REC Limited | 0.30% | 1.00% |
| Maruti Suzuki India Limited | 1.32% | 0.27% |
| Union Bank of India | 0.27% | 0.62% |
| Hindustan Zinc Limited | 0.21% | 0.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.2% means 58.2% 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 Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| Grasim Industries Limited | 0.95% |
| JSW Steel Limited | 0.92% |
| Asian Paints Limited | 0.90% |
| Power Grid Corporation of India Limited | 0.89% |
| InterGlobe Aviation Limited | 0.89% |
Largest holdings only in Franklin India Multi-Factor Fund
| Security | % of fund |
|---|---|
| Hero MotoCorp Ltd | 1.33% |
| Lupin Ltd | 1.19% |
| Life Insurance Corporation Of India | 1.11% |
| FSN E-Commerce Ventures Ltd | 1.10% |
| Aurobindo Pharma Ltd | 1.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Nifty 100 Index | Franklin India Multi-Factor |
|---|---|---|
| Equity | 101.5% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -1.5% | 2.4% |
Market cap of stocks
| Market cap | Bandhan Nifty 100 Index | Franklin India Multi-Factor |
|---|---|---|
| Large Cap | 97.9% | 71.7% |
| Mid Cap | 3.6% | 18.2% |
| Small Cap | 0.0% | 7.4% |
| 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 | Bandhan Nifty 100 Index | Franklin India Multi-Factor |
|---|---|---|
| Banks | 25.5% | 19.4% |
| Finance | 6.9% | 7.5% |
| Petroleum Products | 7.3% | 5.0% |
| IT - Software | 7.3% | 5.9% |
| Automobiles | 6.8% | 4.0% |
| Pharmaceuticals & Biotechnology | 4.4% | 6.4% |
| Telecom - Services | 4.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty 100 Index vs Franklin India Multi-Factor: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty 100 Index Fund | Franklin India Multi-Factor Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.18% | 1.14% |
| Base expense ratio (Direct) | 0.08% | 0.62% |
| Total expense ratio (Regular) | 0.68% | 2.80% |
| Base expense ratio (Regular) | 0.51% | 2.07% |
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
Compare Franklin India Multi-Factor with
Bandhan Nifty 100 Index Fund vs Franklin India Multi-Factor Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty 100 Index Fund and Franklin India Multi-Factor Fund?
Bandhan Nifty 100 Index Fund is an Index fund, Franklin India Multi-Factor Fund is a Thematic fund, run by Bandhan Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 58.2%. Bandhan Nifty 100 Index Fund charges 0.18% a year and Franklin India Multi-Factor Fund 1.14%.
Which has the lower expense ratio, Bandhan Nifty 100 Index Fund or Franklin India Multi-Factor Fund?
Bandhan Nifty 100 Index Fund charges less: 0.18% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty 100 Index Fund and Franklin India Multi-Factor Fund overlap?
58.2%. They hold 50 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Bandhan Nifty 100 Index Fund and Franklin India Multi-Factor Fund?
Yes. 58.2% of each fund's money sits in the same holdings, so a large part 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.