Bandhan Mutual Fund has announced that it is set to introduce its offering, the Bandhan Nifty 200 Quality 30 Index Fund, providing investors with a fresh opportunity to diversify their portfolios, the fund is focusing on top-quality companies within the NIFTY 200. The fund offers growth plans and no lock-in, with a 0.25% exit load if redeemed within 15 days. Suitable for seasoned investors, it highlights consistent performers using quality metrics. The New Fund Offer (NFO) will open for subscription on November 18, 2024, and close on November 29, 2024. Here’s a breakdown of the fund’s key features:
Parameter | Details |
Type | Open-ended equity fund |
Category | Thematic |
Minimum Investment | Rs.1,000 |
Plans Available | Growth |
Lock-In Period | None |
Exit Load | 0.25% if redeemed within 15 days |
Riskometer | Very High |
Benchmark | NIFTY 200 Quality 30 TRI |
The Bandhan Nifty 200 Quality 30 Index Fund is designed to replicate the performance of the NIFTY 200 Quality 30 TRI index. This benchmark focuses on top-performing companies within the NIFTY 200 based on factors like quality metrics, assuring a portfolio of fundamentally strong businesses.
Investors can purchase this fund directly through the Bandhan Mutual Fund website or platforms such as MF Central or MF Utility. Additionally, assistance can be sought from mutual fund distributors or banks.
With its very high-risk rating, this fund may appeal to investors with a long-term horizon and a higher risk appetite, particularly those looking to invest in a thematic equity fund centered around quality stocks.
Conclusion: The Bandhan Nifty 200 Quality 30 Index Fund offers a focused approach for investors aiming to gain exposure to high-quality companies within the NIFTY 200 index. While the fund provides an opportunity for potential growth, its high-risk nature necessitates careful consideration and alignment with one’s financial goals.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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