Mon Jun 24 10:10:21 IST 2024

Bandhan Mutual Fund launches Bandhan Nifty Total Market Index Fund

NFO period: 24th NJune ? 05th July, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended scheme tracking Nifty Total Market Index

  • Investment objective ? The investment objective of the scheme is to replicate the Nifty Total Market Index by investing in securities of the Nifty Total Market Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Total Market Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.

  • Product suitability ? The product is suitable for investors who are seeking to create wealth over a long term by investing in equity and equity related instruments belonging to Nifty Total Market Index.

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

  • Plan/ Options available ? Direct Plan and Regular Plan having Growth Option only.

  • Fund Managers ? Mr. Nemish Sheth

  • Benchmark ? Nifty Total Market TRI

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