MonitorDirect · Growth
BANDHAN NIFTY BANK INDEX FUND
- NAV
- 10.9728
- 15 Sept 2026
- 1Y
- +1.9%
- Trailing CAGR
- AUM
- ₹20.33 Cr
- 31 Aug 2026
- Volatility
- Medium
- 15.4% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+1.9%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+4.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-4.1%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +4.8%
- Calendar-day CAGR
- Excess 1Y
- -3.5%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 19 recovered episodes
- Longest recovery
- 46 days
- Trough to prior peak
- Current spell
- 209 days
- Days below latest peak
- Time below peak
- +91%
- NAV observations
18 Feb 2026 – open
Trough 31 Mar 2026 · not recovered
-18.4%
26 Sept 2024 – 21 Apr 2025
Trough 11 Mar 2025 · recovered in 41 days
-12.1%
1 Jul 2025 – 16 Oct 2025
Trough 31 Aug 2025 · recovered in 46 days
-6.4%
22 Apr 2025 – 30 May 2025
Trough 9 May 2025 · recovered in 21 days
-3.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
27
Vs category
28
Consistency
60
Risk-adjusted
27
Drawdown
54
Mean
39
Portfolio
31 Aug 2026 · 15 holdings · top 10 are 86.8%.
- Top 5
- 61.2%
- Top 10
- 86.8%
- Largest holding
- 17.0%
- Effective holdings
- 10.2
HDFC Bank Ltd
Financial
17.0%
ICICI Bank Ltd
Financial
14.8%
State Bank of India
Financial
10.3%
Kotak Mahindra Bank Ltd
Financial
9.9%
Axis Bank Ltd
Financial
9.2%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 59% of rolling 1-year windows.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund
Edelweiss Mutual Fund
- 1Y
- +6.2%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 2.48
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.8%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.1%
- Sharpe
- 4.66
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Nippon India Nifty India Manufacturing Index Fund
Nippon India Mutual Fund
- 1Y
- +4.4%
- 3Y
- n/a
- Vol
- 15.1%
- Max DD
- -12.1%
- Sharpe
- 0.32
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Aditya Birla Sun Life Crisil IBX Gilt Apr 2028 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.1%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 1.65
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.3%
- Vol
- 1.4%
- Max DD
- -3.5%
- Sharpe
- 0.87
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Higher trailing returns