Bandhan Mutual Fund has launched the Bandhan Nifty Next 50 Index Fund, an open-ended equity scheme that aims to track the performance of the Nifty Next 50 Index. This fund provides investors exposure to 50 high-growth potential stocks that are next in line after the NIFTY 50.
The NFO is open for subscription from February 13, 2025, to February 25, 2025.
The Bandhan Nifty Next 50 Index Fund aims to replicate the performance of the Nifty Next 50 Index by investing in the same securities in the exact proportion of the index. This passive investment approach seeks to deliver returns that mirror the total return of the Nifty Next 50, subject to tracking errors.
As a result, investors can expect diversified exposure to emerging large-cap companies.
The fund is managed by Nemish Sheth, who has experience in asset management. Before joining Bandhan Mutual Fund, he worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
With its low-cost structure and broad sectoral diversification, the Bandhan Nifty Next 50 Index Fund presents a compelling option for investors looking to consider.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 12, 2025, 5:01 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
