Bandhan Mutual Fund is launching NFO under its “Thematic Fund”, named as Bandhan Innovation Fund. The open ended fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Read MoreBandhan Mutual Fund is launching NFO under its “Thematic Fund”, named as Bandhan Innovation Fund. The open ended fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.
The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.
The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.
The Fund is a passively managed Index fund which will employ an investment approach designed to replicate / track the performance of the Nifty Auto Index (TRI). The Scheme seeks to achieve this goal by investing in securities constituting the Index in same proportion as in the Index.
The asset allocation under the scheme Equity & equity related instruments of large cap, midcap and smallcap companies, Debt & Money Market Instruments and Units issued by REITs & InvITs.
However, the broader market trended negatively, with the BSE MidCap index down 0.93% and the BSE SmallCap index down 0.51%.
The agreement involves the acquisition of 100% stake in Blazeclan Technologies, a Pune-based IT firm.
The FPO comprises freshly issued equity shares worth up to ₹18,000 Crore.
BOJ Governor Kazuo Ueda highlighted the potential influence of currency fluctuations on the timing of the next policy change on Thursday.
However, the broader market trended negatively, with the BSE MidCap index down 0.93% and the BSE SmallCap index down 0.51%.
The agreement involves the acquisition of 100% stake in Blazeclan Technologies, a Pune-based IT firm.
The FPO comprises freshly issued equity shares worth up to ₹18,000 Crore.
BOJ Governor Kazuo Ueda highlighted the potential influence of currency fluctuations on the timing of the next policy change on Thursday.
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