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Apr 10, 2024

Mutual Fund

Bandhan Mutual Fund launches Bandhan Innovation Fund

NFO period: 10th April ? 24th April, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended equity scheme following an innovation theme

  • Investment objective ? The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme. Disclaimer: There is no assurance or guarantee that the scheme?s objectives will be realized.

  • 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 companies following innovation theme.

  • 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. Manish Gunwani (equity portion), Mr. Brijesh Shah (debt portion) and Ms. Ritika Behera (overseas portion)

  • Benchmark ? NIFTY 500 TRI

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