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News Bandhan Mutual Fund launches Bandhan Nifty Next 50 Index Fund
Feb 13, 2025
Mutual Fund
Bandhan Mutual Fund launches Bandhan Nifty Next 50 Index Fund
NFO period: 13th February - 25th February, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme tracking Nifty Next 50 Index
- Investment objective - The investment objective of the scheme is to replicate the Nifty Next 50 Index by investing in securities of the Nifty Next 50 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Next 50 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 - This 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 Next 50 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. Each of the plans offer Growth option only.
- Fund Managers - Mr. Nemish Sheth
- Benchmark - Nifty Next 50 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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