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  • Bandhan Mutual Fund launches Bandhan Nifty 500 Momentum 50 Index Fund

Oct 14, 2024

Mutual Fund

Bandhan Mutual Fund launches Bandhan Nifty 500 Momentum 50 Index Fund

NFO period: 14th October - 24th October, 2024

Highlights of the NFO:

  • Scheme type - An open ended scheme tracking Nifty 500 Momentum 50 Index.

  • Investment objective - The investment objective of the Scheme is to replicate the Nifty 500 Momentum 50 Index by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors.

  • Product suitability - This product is suitable for investors who are seeking to create wealth over a long term. Investment in equity and equity-related instruments belonging to Nifty 500 Momentum 50 Index.

  • Minimum Application Amount - Rs. 1,000/- and in multiples of Re. 1/- thereafter.

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

  • Fund Managers - Mr. Nemish Sheth

  • Benchmark - Nifty 500 Momentum 50 Index

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