Bandhan Nifty 500 Value 50 Index Fund vs Mirae Asset Nifty 500 Value 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bandhan Nifty 500 Value 50 Index Fund is an Index fund and Mirae Asset Nifty 500 Value 50 ETF is a mutual fund. Bandhan Nifty 500 Value 50 Index Fund charges 0.66% a year and Mirae Asset Nifty 500 Value 50 ETF 0.97%. Their portfolios overlap 97.6%: they hold 50 of the same securities.
Bandhan Nifty 500 Value 50 Index Fund
Index
- Expense ratio
- 0.66%
- NAV
- ₹10.39
Which is better, Bandhan Nifty 500 Value 50 Index or Mirae Asset Nifty 500 Value 50 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 Nifty 500 Value 50 Index costs less: 0.66% a year against 0.97%.
- Mirae Asset Nifty 500 Value 50 ETF fell less in its worst fall since 23-03-2026: −14.0% against −14.2%.
- Bandhan Nifty 500 Value 50 Index is the larger fund: ₹36 Cr against ₹12 Cr.
- Their portfolios overlap 97.6%: 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 500 Value 50 Index Fund | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Not available |
| AUM | ₹36 Cr (31-08-2026) | ₹12 Cr (30-09-2026) |
| NAV | ₹10.39 (Direct) | ₹14.79 |
| Expense ratio (Direct) | 0.66% | Not available |
| Expense ratio (Regular) | 1.31% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY500 Value 50 TRI | Not available |
| Launch date | 29-10-2024 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Jain | Not available |
| Exit load | • 0.25% if redeemed on or before 15 days from the allotment date. • Nil if redeemed after 15 days from allotment date. | Not available |
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 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 Nifty 500 Value 50 Index Fund (Direct) | −3.69% | −8.48% | −11.13% | −2.73% | -- | -- | -- |
| Mirae Asset Nifty 500 Value 50 ETF | −3.65% | −8.37% | −10.92% | -- | -- | -- | -- |
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 ETF: Year-wise Returns
| Year | Bandhan Nifty 500 Value 50 IndexBandhan Nifty 500 Value 50 Index | Mirae Asset Nifty 500 Value 50 ETFMirae Asset Nifty 500 Value 50 ETF | NIFTY500 Value 50 TRI |
|---|---|---|---|
| 2026to date | −4.99% | -- | −4.37% |
| 2025 | +16.27% | -- | +16.93% |
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 ETF: Rolling Returns
Every holding period of both funds, against NIFTY500 Value 50 TRI, the benchmark of both
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty 500 Value 50 Index Fund (Direct) | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Return (CAGR) | +1.95% | −1.11% |
| Standard deviation | 17.25% | 13.69% |
| Sharpe ratio | -0.21 | -0.47 |
| Sortino ratio | -0.28 | -0.64 |
| Maximum drawdown | −18.3% (28-02-2025) | −14.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.70% | −0.52% |
From daily NAVs, 30-10-2024 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 Nifty 500 Value 50 Index Fund (Direct)
Mirae Asset Nifty 500 Value 50 ETF
NIFTY500 Value 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty 500 Value 50 Index Fund (Direct) | −14.2% | 27-05-2026 | 23-10-2026 | Not yet | -- | −12.9% |
| Mirae Asset Nifty 500 Value 50 ETF | −14.0% | 27-05-2026 | 23-10-2026 | Not yet | -- | −12.8% |
| NIFTY500 Value 50 TRI | −13.8% | 27-05-2026 | 23-10-2026 | Not yet | -- | −12.5% |
From daily values since 23-03-2026, the first day every fund has.
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty 500 Value 50 Index Fund, August 2026; Mirae Asset Nifty 500 Value 50 ETF, September 2026
Holdings in common
- Overlap
- 97.6%
- Held by both
- 50
- Only in Bandhan Nifty 500 Value 50 Index
- 0
- Only in Mirae Asset Nifty 500 Value 50 ETF
- 0
| Security | % of Bandhan Nifty 500 Value 50 Index | % of Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Grasim Industries Limited | 5.51% | 5.27% |
| Hindalco Industries Limited | 5.32% | 5.19% |
| State Bank of India | 5.24% | 4.99% |
| Oil & Natural Gas Corporation Limited | 4.94% | 5.07% |
| Vedanta Limited | 5.03% | 4.94% |
| NTPC Limited | 4.69% | 4.87% |
| Coal India Limited | 4.65% | 5.18% |
| Power Grid Corporation of India Limited | 4.63% | 4.82% |
| Tata Motors Passenger Vehicles Limited | 4.51% | 4.37% |
| Bharat Petroleum Corporation Limited | 4.32% | 4.26% |
| Indian Oil Corporation Limited | 3.55% | 3.63% |
| Redington Limited | 2.71% | 3.24% |
| Hindustan Petroleum Corporation Limited | 2.45% | 2.47% |
| Power Finance Corporation Limited | 2.43% | 2.48% |
| Aster DM Quality Care Limited | 2.44% | 2.37% |
| GAIL (India) Limited | 2.26% | 2.28% |
| Bank of Baroda | 1.90% | 1.94% |
| REC Limited | 1.95% | 1.90% |
| NMDC Limited | 2.06% | 1.88% |
| UPL Limited | 1.79% | 1.81% |
| Canara Bank | 1.79% | 1.77% |
| IndusInd Bank Limited | 1.86% | 1.74% |
| Steel Authority of India Limited | 1.76% | 1.72% |
| Punjab National Bank | 1.68% | 1.75% |
| National Aluminium Company Limited | 1.74% | 1.64% |
| The Federal Bank Limited | 1.64% | 1.54% |
| Union Bank of India | 1.43% | 1.36% |
| The Great Eastern Shipping Company Limited | 1.06% | 1.33% |
| Oil India Limited | 0.96% | 0.94% |
| Petronet LNG Limited | 0.93% | 0.93% |
| Indian Bank | 0.97% | 0.92% |
| Bank of India | 0.84% | 0.82% |
| IRB Infrastructure Developers Limited | 0.85% | 0.81% |
| Karur Vysya Bank Limited | 0.79% | 0.77% |
| Reliance Power Limited | 0.82% | 0.77% |
| AWL Agri Business Limited | 0.78% | 0.76% |
| Cyient Limited | 0.77% | 0.76% |
| LIC Housing Finance Limited | 0.74% | 0.77% |
| Zee Entertainment Enterprises Limited | 0.83% | 0.70% |
| Tata Chemicals Limited | 0.69% | 0.69% |
| CESC Limited | 0.64% | 0.62% |
| Jaiprakash Power Ventures Limited | 0.60% | 0.58% |
| NCC Limited | 0.63% | 0.57% |
| Cholamandalam Financial Holdings Limited | 0.53% | 0.52% |
| Chambal Fertilizers & Chemicals Limited | 0.42% | 0.45% |
| Bank of Maharashtra | 0.40% | 0.41% |
| Bandhan Bank Limited | 0.39% | 0.45% |
| Indraprastha Gas Limited | 0.34% | 0.35% |
| Castrol India Limited | 0.29% | 0.34% |
| RBL Bank Limited | 0.21% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 97.6% means 97.6% 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 500 Value 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset Nifty 500 Value 50 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 Nifty 500 Value 50 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Equity | 99.8% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | Bandhan Nifty 500 Value 50 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Large Cap | 64.8% | 65.1% |
| Mid Cap | 20.8% | 20.2% |
| Small Cap | 14.1% | 14.7% |
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 500 Value 50 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Banks | 19.1% | 18.7% |
| Power | 11.4% | 11.7% |
| Petroleum Products | 10.6% | 10.7% |
| Non - Ferrous Metals | 7.1% | 6.8% |
| Oil | 5.9% | 6.0% |
| Finance | 5.7% | 5.7% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty 500 Value 50 Index vs Mirae Asset Nifty 500 Value 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty 500 Value 50 Index Fund | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.66% | Not available |
| Base expense ratio (Direct) | 0.31% | 0.00% |
| Total expense ratio (Regular) | 1.31% | Not available |
| Base expense ratio (Regular) | 0.87% | 0.20% |
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 Nifty 500 Value 50 Index Fund vs Mirae Asset Nifty 500 Value 50 ETF: Frequently Asked Questions
What is the difference between Bandhan Nifty 500 Value 50 Index Fund and Mirae Asset Nifty 500 Value 50 ETF?
Bandhan Nifty 500 Value 50 Index Fund is an Index fund, Mirae Asset Nifty 500 Value 50 ETF is a mutual fund, run by Bandhan Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 97.6%. Bandhan Nifty 500 Value 50 Index Fund charges 0.66% a year and Mirae Asset Nifty 500 Value 50 ETF 0.97%.
Which has the lower expense ratio, Bandhan Nifty 500 Value 50 Index Fund or Mirae Asset Nifty 500 Value 50 ETF?
Bandhan Nifty 500 Value 50 Index Fund charges less: 0.66% a year against 0.97%. These are the total expense ratios reported to AMFI.
How much do Bandhan Nifty 500 Value 50 Index Fund and Mirae Asset Nifty 500 Value 50 ETF overlap?
97.6%. They hold 50 of the same securities, the largest shared ones being GRASIM, HINDALCO, SBIN. From each fund's latest monthly portfolio.
Can I invest in both Bandhan Nifty 500 Value 50 Index Fund and Mirae Asset Nifty 500 Value 50 ETF?
Yes. 97.6% 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.