MUTUAL FUNDS
Bandhan MF introduces Business Cycle Fund
Sep-10-2024

Bandhan Mutual Fund has launched Bandhan Business Cycle Fund, an open-ended equity scheme following a business cycle-based investing theme. The NFO opens for subscription on September 10, 2024 and closes on September 24, 2024. The Entry Load is not applicable for the scheme. The Exit load will be 0.5% of applicable NAV - If redeemed/switched out on/within 30 days from the date of allotment and Nil - If redeemed/switched out after 30 days from the date of allotment. The minimum subscription amount is Rs 1000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against NIFTY 500 TRI and its fund managers are Vishal Biraia (equity portion), Ritika Behera (equity portion & Overseas portion), Harshal Joshi (debt portion) and Gaurav Satra (overseas portion).

The investment objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.


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