Mon Jul 10 07:35:09 IST 2023

Bandhan Mutual Fund launches Bandhan Financial Services Fund

NFO period: 10th July - 24th July, 2023

Highlights of the NFO:

  • Scheme type - An open ended equity scheme investing in Financial Services Sector

  • Investment objective - The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.

  • Product suitability - The product is suitable for investors who are seeking to create wealth over a long term by investing predominantly in equity and equity related instruments of the companies engaged in the Financial Services sector.

  • Minimum Application Amount - First investment Rs. 1,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Income Distribution cum Capital Withdrawal Option & Growth Option. Income Distribution cum Capital Withdrawal Capital Withdrawal Option under both the Plans further offers Payout of Income Distribution cum Capital Withdrawal option, Reinvestment of Income Distribution cum Capital Withdrawal option & Transfer of Income Distribution cum Capital Withdrawal plan.

  • Fund Managers - Mr. Sumit Agrawal and Mr. Manish Gunwani (Equity portion); Mr. Harshal Joshi (Debt portion); Ms. Nishita Shah (Overseas investment portion)

  • Benchmark - Nifty Financial Services TRI Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)