Bandhan Nifty IT Index Fund vs Mirae Asset BSE Information Technology Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty IT Index Fund is an Index fund and Mirae Asset BSE Information Technology Index Fund is an Index fund. Bandhan Nifty IT Index Fund charges 0.54% a year and Mirae Asset BSE Information Technology Index Fund 7.96% (Direct plans). Their portfolios overlap 84.7%: they hold 10 of the same securities.
Mirae Asset BSE Information Technology Index Fund
Index
- Expense ratio
- 7.96%
- NAV
- ₹11.32
Which is better, Bandhan Nifty IT Index or Mirae Asset BSE Information Technology Index? 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 IT Index costs less: 0.54% a year against 7.96% (Direct plans).
- Mirae Asset BSE Information Technology Index fell less in its worst fall since 08-09-2026: −2.1% against −7.4%.
- Bandhan Nifty IT Index holds more in large companies: 80.7% of the fund in large caps against 70.7%.
- Bandhan Nifty IT Index is the larger fund: ₹34 Cr against ₹11 Cr.
- Their portfolios overlap 84.7%: 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 Nifty IT Index Fund | Mirae Asset BSE Information Technology Index Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Index |
| AUM | ₹34 Cr (31-08-2026) | ₹11 Cr (30-09-2026) |
| NAV | ₹11.13 (Direct) | ₹11.32 (Direct) |
| Expense ratio (Direct) | 0.54% | 7.96% |
| Expense ratio (Regular) | 1.19% | 8.81% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty IT TRI | BSE Information Technology TRI |
| Launch date | 31-08-2023 | 25-09-2026 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Ritesh Patel, amp, Akshay Udeshi |
| Exit load | Nil | NIL |
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: 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 IT Index Fund (Direct) | +18.02% | +4.76% | +11.76% | −8.17% | +4.09% | -- | -- |
| Mirae Asset BSE Information Technology Index Fund (Direct) | +15.00% | -- | -- | -- | -- | -- | -- |
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: Year-wise Returns
| Year | Bandhan Nifty ITBandhan Nifty IT Index | Mirae Asset BSE Information TechnologyMirae Asset BSE Information Technology Index |
|---|---|---|
| 2026to date | −12.94% | -- |
| 2025 | −10.81% | -- |
| 2024 | +24.01% | -- |
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of Bandhan Nifty IT Index Fund
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty IT Index Fund (Direct) | Mirae Asset BSE Information Technology Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.10% | +138.72% |
| Standard deviation | 22.21% | 20.30% |
| Sharpe ratio | -0.13 | 6.57 |
| Sortino ratio | -0.20 | 18.82 |
| Maximum drawdown | −42.4% (01-07-2026) | −2.1% (08-10-2026) |
| Beta | 1.00 | 0.64 |
| Alpha | −0.14% | +97.21% |
From daily NAVs, 01-09-2023 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.
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 IT Index Fund (Direct)
Mirae Asset BSE Information Technology Index Fund (Direct)
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty IT Index Fund (Direct) | −7.4% | 08-09-2026 | 29-09-2026 | 14-10-2026 | 15 days | 0.0% |
| Mirae Asset BSE Information Technology Index Fund (Direct) | −2.1% | 01-10-2026 | 08-10-2026 | 09-10-2026 | 1 days | 0.0% |
| Nifty IT TRI | −7.4% | 08-09-2026 | 29-09-2026 | 14-10-2026 | 15 days | 0.0% |
From daily values since 08-09-2026, the first day every fund has.
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty IT Index Fund, August 2026; Mirae Asset BSE Information Technology Index Fund, September 2026
Holdings in common
- Overlap
- 84.7%
- Held by both
- 10
- Only in Bandhan Nifty IT Index
- 0
- Only in Mirae Asset BSE Information Technology Index
- 77
| Security | % of Bandhan Nifty IT Index | % of Mirae Asset BSE Information Technology Index |
|---|---|---|
| Infosys Limited | 28.95% | 28.67% |
| Tata Consultancy Services Limited | 20.32% | 16.95% |
| HCL Technologies Limited | 11.47% | 10.62% |
| Tech Mahindra Limited | 10.55% | 7.97% |
| Coforge Limited | 7.05% | 4.94% |
| Persistent Systems Limited | 6.21% | 4.69% |
| Wipro Limited | 5.10% | 3.46% |
| LTM Limited | 4.30% | 3.01% |
| Mphasis Limited | 3.28% | 2.32% |
| Oracle Financial Services Software Limited | 3.05% | 2.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 84.7% means 84.7% 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 IT Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset BSE Information Technology Index Fund
| Security | % of fund |
|---|---|
| Tata Technologies Ltd. | 1.01% |
| Tata Elxsi Ltd. | 0.87% |
| Sagility Ltd. | 0.80% |
| AFFLE 3I Ltd. | 0.78% |
| Cyient Ltd. | 0.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Nifty IT Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| Equity | 100.3% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.3% | -0.0% |
Market cap of stocks
| Market cap | Bandhan Nifty IT Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| Large Cap | 80.7% | 70.7% |
| Mid Cap | 19.6% | 14.7% |
| Small Cap | 0.0% | 14.6% |
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 IT Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| IT - Software | 100.3% | 91.8% |
| IT - Services | 0.0% | 7.5% |
| IT - Hardware | 0.0% | 0.8% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty IT Index vs Mirae Asset BSE Information Technology Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty IT Index Fund | Mirae Asset BSE Information Technology Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.54% | 7.96% |
| Base expense ratio (Direct) | 0.31% | 0.18% |
| Total expense ratio (Regular) | 1.19% | 8.81% |
| Base expense ratio (Regular) | 0.88% | 0.90% |
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 IT Index Fund vs Mirae Asset BSE Information Technology Index Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty IT Index Fund and Mirae Asset BSE Information Technology Index Fund?
Bandhan Nifty IT Index Fund is an Index fund, Mirae Asset BSE Information Technology Index Fund is an Index fund, run by Bandhan Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 84.7%. Bandhan Nifty IT Index Fund charges 0.54% a year and Mirae Asset BSE Information Technology Index Fund 7.96%.
Which has the lower expense ratio, Bandhan Nifty IT Index Fund or Mirae Asset BSE Information Technology Index Fund?
Bandhan Nifty IT Index Fund charges less: 0.54% a year against 7.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty IT Index Fund and Mirae Asset BSE Information Technology Index Fund overlap?
84.7%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty IT Index Fund or Mirae Asset BSE Information Technology Index Fund?
On SEBI's riskometer, Bandhan Nifty IT Index Fund is rated Very High and Mirae Asset BSE Information Technology Index Fund Very High. Over their common history, the standard deviation of daily returns was 22.21% and 20.30% a year.
Can I invest in both Bandhan Nifty IT Index Fund and Mirae Asset BSE Information Technology Index Fund?
Yes. 84.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Nifty IT Index Fund and Mirae Asset BSE Information Technology Index Fund?
Bandhan Nifty IT Index Fund: Abhishek Jain. Mirae Asset BSE Information Technology Index Fund: Ritesh Patel, amp, Akshay Udeshi.
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.