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News Bandhan Mutual Fund launches Bandhan Nifty 500 Value 50 Index Fund
Oct 14, 2024
Mutual Fund
Bandhan Mutual Fund launches Bandhan Nifty 500 Value 50 Index Fund
NFO period: 14th October - 24th October, 2024
Highlights of the NFO:
- Scheme type - An open ended scheme tracking Nifty 500 Value 50 Index.
- Investment objective - The investment objective of the Scheme is to replicate the Nifty 500 Value 50 Index by investing in securities of the Nifty 500 Value 50 Index in the same roportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Value 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 Value 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 Value 50 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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