Should I invest in Banking Index Benchmark Exchange Traded Scheme (Bank BeES)?

We don't give personal investment advice. Banking Index Benchmark Exchange Traded Scheme (Bank BeES) is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 68.6%. 5-year CAGR: 16.96%.

Benchmark

Banking Index Benchmark Exchange Traded Scheme (Bank BeES)

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-3.53%	-0.79%	-2.74	10 / 10	Q4
1W	-7.12%	-5.22%	-1.91	8 / 10	Q4
2W	-8.88%	-6.36%	-2.51	8 / 10	Q4
1M	-15.14%	-7.97%	-7.17	8 / 10	Q4
3M	-8.08%	-4.36%	-3.71	6 / 10	Q3
6M	-12.94%	-4.28%	-8.66	8 / 10	Q4
YTD	-17.83%	-6.93%	-10.90	6 / 10	Q3
1Y	-11.25%	-1.57%	-9.68	8 / 10	Q4
2Y	+16.13%	+6.75%	+9.38	1 / 10	Q1
3Y	+16.90%	+9.37%	+7.53	3 / 10	Q2
4Y	+10.34%	+6.53%	+3.81	2 / 6	Q2
5Y	+16.96%	+10.24%	+6.72	1 / 6	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.97%	+8.57%	+11.40	1 / 10	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2011 YTD	-17.83%	-15.18%	-2.65	4 / 10
2010	+31.37%	+16.46%	+14.90	1 / 10
2009	+73.84%	+51.87%	+21.97	3 / 10
2008	-48.85%	-43.05%	-5.80	2 / 5
2007	+61.43%	+48.12%	+13.30	2 / 5
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+29.52%

51 windows

min -56.9% · max 119.4%

75% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+15.85%

27 windows

min 6.2% · max 28.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+21.98%

3 windows

min 17.0% · max 25.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

39.74%

3-year · annualised

Sharpe ratio

0.42

vs risk-free 6.5%

Sortino ratio

0.81

Downside-only deviation

Max drawdown

-49.26%

Sep 2008 → Mar 2009

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
18 Aug 2011	₹973.5729
17 Aug 2011	₹1,009.1530
16 Aug 2011	₹1,019.6081
12 Aug 2011	₹1,032.4367
11 Aug 2011	₹1,048.2391
10 Aug 2011	₹1,060.8322
9 Aug 2011	₹1,033.8793
8 Aug 2011	₹1,037.5101
5 Aug 2011	₹1,049.9114
4 Aug 2011	₹1,068.4059

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Banking Index Benchmark Exchange Traded Scheme (Bank BeES) is a Other ETFs from Benchmark (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Banking Index Benchmark Exchange Traded Scheme (Bank BeES) has NAV history starting from 19 Jun 2006, a track record of about 19 years 11 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Banking Index Benchmark Exchange Traded Scheme (Bank BeES) is managed by Benchmark. It's classified by AMFI under the 'Other ETFs' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) has delivered a absolute return of -11.25% — -9.68 pp behind the Other ETFs category average of -1.57%. The fund ranks #8 of 10 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) has delivered a CAGR of 16.90% — +7.53 pp ahead of the Other ETFs category average of 9.37%. The fund ranks #3 of 10 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) has delivered a CAGR of 16.96% — +6.72 pp ahead of the Other ETFs category average of 10.24%. The fund ranks #1 of 6 in its category — the top (Q1) quartile.

₹1 lakh invested in Banking Index Benchmark Exchange Traded Scheme (Bank BeES) exactly 5 years ago would be worth approximately ₹218,912 today — a multiplier of 2.19×, based on the 5-year CAGR of 16.96%. The category average over the same window would have grown ₹1 lakh to ₹162,831.

A ₹10,000 monthly SIP in Banking Index Benchmark Exchange Traded Scheme (Bank BeES) over the last 5 years — total invested ₹600,000 — would be worth ₹819,064 today. That's an XIRR (money-weighted annualised return) of 12.39%.

Banking Index Benchmark Exchange Traded Scheme (Bank BeES) doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹819,064 — XIRR 12.39%.

On a 5-year basis, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) ranks #1 out of 6 funds in the Other ETFs category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 10.24%; this fund delivered 16.96%.

The worst peak-to-trough decline Banking Index Benchmark Exchange Traded Scheme (Bank BeES) has experienced over the last 5-year window is 68.65% — its NAV fell from a high on 14 Jan 2008 to a low on 09 Mar 2009. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) averaged 21.98% (best 25.56%, worst 16.96%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.43 — weak risk-adjusted performance.

In calendar year 2010, Banking Index Benchmark Exchange Traded Scheme (Bank BeES) returned 31.37% — beating the Other ETFs category average of 16.46% by 14.90 pp. It ranked #1 of 10 in its category that year.

Banking Index Benchmark Exchange Traded Scheme (Bank BeES) doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Banking Index Benchmark Exchange Traded Scheme (Bank BeES) is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 68.6%. 5-year CAGR: 16.96%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.