Bandhan Mutual Fund launches Bandhan Retirement Fund

NFO period: 28^th September ? 12^th October, 2023

Highlights of the NFO:

• Scheme type ? An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)


• Investment objective ? The investment objective of the scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals. 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 capital appreciation and income generation over long term. A hybrid scheme with by investing in equity and equity related instruments as well as debt and money market instruments.


• Minimum Application Amount ? First investment Rs. 1,000/- and any amount thereafter


• Plan/ Options available ? Regular Plan and Direct Plan having Growth & Income Distribution cum capital withdrawal (IDCW) option. IDCW option under both the Plan(s) offer Payout of IDCW option& Transfer of IDCW option.


• Fund Managers ? Mr. Viraj Kulkarni (equity portion), Mr. Gautam Kaul (debt portion) and Ms. Nishita Shah will be managing overseas investment portion of the scheme


• Benchmark ? CRISIL Hybrid 50+50 - Moderate Index