MANAPPURAM.NS vs. BND

Last updated Jul 21, 2026

MANAPPURAM.NS (Manappuram Finance Limited) is a stock, while BND (Vanguard Total Bond Market ETF) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 10 years, MANAPPURAM.NS returned 18.34%/yr vs 5.14%/yr for BND. At a correlation of -0.09, they often move in opposite directions.

Performance

MANAPPURAM.NS vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Manappuram Finance Limited (MANAPPURAM.NS) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MANAPPURAM.NS is traded in INR, while BND is traded in USD. To make them comparable, the BND values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, MANAPPURAM.NS achieves a 9.61% return, which is significantly higher than BND's 7.44% return. Over the past 10 years, MANAPPURAM.NS has outperformed BND with an annualized return of 18.34%, while BND has yielded a comparatively lower 5.14% annualized return.

MANAPPURAM.NS

• 1D: 3.58%
• 1M: 5.79%
• 6M: 7.56%
• YTD: 9.61%
• 1Y: 25.13%
• 3Y*: 39.91%
• 5Y*: 15.25%
• 10Y*: 18.34%
• ALL TIME*: 18.39%

BND

• 1D: -0.08%
• 1M: 1.66%
• 6M: 6.18%
• YTD: 7.44%
• 1Y: 15.79%
• 3Y*: 9.63%
• 5Y*: 5.03%
• 10Y*: 5.14%
• ALL TIME*: 7.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MANAPPURAM.NS vs. BND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MANAPPURAM.NS Manappuram Finance Limited	9.61%	65.51%	12.03%	51.76%	-27.40%	1.17%	-5.70%	94.05%	-23.03%	87.30%
BND Vanguard Total Bond Market ETF	7.44%	12.21%	4.45%	6.38%	-3.77%	0.09%	10.42%	11.60%	8.93%	-2.87%

Correlation

The correlation between MANAPPURAM.NS and BND is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (5Y) Calculated over the trailing 5-year period	-0.05
Correlation (10Y) Calculated over the trailing 10-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010	-0.09

The correlation between MANAPPURAM.NS and BND shifts across timeframes, from -0.15 (1 year) to -0.05 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

MANAPPURAM.NS vs. BND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MANAPPURAM.NS

MANAPPURAM.NS Risk / Return Rank: 69
MANAPPURAM.NS Sharpe Ratio Rank: 71
MANAPPURAM.NS Sortino Ratio Rank: 67
MANAPPURAM.NS Omega Ratio Rank: 64
MANAPPURAM.NS Calmar Ratio Rank: 70
MANAPPURAM.NS Martin Ratio Rank: 72

BND

BND Risk / Return Rank: 35
BND Sharpe Ratio Rank: 37
BND Sortino Ratio Rank: 37
BND Omega Ratio Rank: 33
BND Calmar Ratio Rank: 36
BND Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MANAPPURAM.NS vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manappuram Finance Limited (MANAPPURAM.NS) and Vanguard Total Bond Market ETF (BND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MANAPPURAM.NS	BND	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.88	-2.11
Sortino ratio: Return per unit of downside risk	1.33	4.18	-2.85
Omega ratio: Gain probability vs. loss probability	1.16	1.58	-0.42
Calmar ratio: Return relative to maximum drawdown	1.21	8.44	-7.23
Martin ratio: Return relative to average drawdown	3.19	26.39	-23.20

MANAPPURAM.NS vs. BND - Sharpe Ratio Comparison

The current MANAPPURAM.NS Sharpe Ratio is 0.77, which is lower than the BND Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of MANAPPURAM.NS and BND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MANAPPURAM.NS vs. BND - Drawdown Comparison

The maximum MANAPPURAM.NS drawdown since its inception was -87.79%, which is greater than BND's maximum drawdown of -11.55%. Use the drawdown chart below to compare losses from any high point for MANAPPURAM.NS and BND.

Drawdown Indicators

	MANAPPURAM.NS	BND	Difference
Max Drawdown Largest peak-to-trough decline	-87.79%	-11.55%	-76.24%
Max Drawdown (1Y) Largest decline over 1 year	-21.37%	-1.93%	-19.44%
Max Drawdown (3Y) Largest decline over 3 years	-38.62%	-4.53%	-34.09%
Max Drawdown (5Y) Largest decline over 5 years	-62.09%	-10.96%	-51.13%
Max Drawdown (10Y) Largest decline over 10 years	-62.09%	-11.55%	-50.54%
Current Drawdown Current decline from peak	-2.60%	-0.08%	-2.52%
Average Drawdown Average peak-to-trough decline	-31.58%	-3.28%	-28.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.02%	0.61%	+7.41%

Volatility

MANAPPURAM.NS vs. BND - Volatility Comparison

Manappuram Finance Limited (MANAPPURAM.NS) has a higher volatility of 10.26% compared to Vanguard Total Bond Market ETF (BND) at 1.54%. This indicates that MANAPPURAM.NS's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MANAPPURAM.NS	BND	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.26%	1.54%	+8.72%
Volatility (6M) Calculated over the trailing 6-month period	26.09%	4.22%	+21.87%
Volatility (1Y) Calculated over the trailing 1-year period	33.82%	5.66%	+28.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.69%	6.71%	+31.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.50%	7.22%	+35.28%

Dividends

MANAPPURAM.NS vs. BND - Dividend Comparison

MANAPPURAM.NS's dividend yield for the trailing twelve months is around 0.59%, less than BND's 4.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BND Vanguard Total Bond Market ETF	4.00%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
MANAPPURAM.NS Manappuram Finance Limited	0.59%	0.81%	2.07%	1.83%	2.58%	1.76%	1.03%	1.24%	2.26%	1.62%	2.08%	6.11%

Frequently Asked Questions

Can I hold both MANAPPURAM.NS and BND in my portfolio?

MANAPPURAM.NS and BND have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.