Bandhan Financial Services Fund NFO: Key details you need to know

10 Jul 2023 , 12:38 PM

Bandhan Mutual Fund is launching NFO under its “sectoral category”, named as Bandhan Financial Services Fund. This open-ended fund aims to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in financial services..

Investment strategy: The Scheme will be market cap agnostic and follow a bottom-up stock selection approach. Bottom-up investment approach would focus on analyzing individual stocks pertaining to companies which are part of the financial services sector.

Asset allocation: The Scheme will invest in Equity and equity related instruments of companies engaged in financial services sector.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Bandhan Financial Services Fund. 

Risk associated: very high level of risk.

Benchmark: Nifty Financial Services TRI

Fund Managers: Mr. Sumit Agrawal.

The NFO is available for subscription from July 10 to July 24. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 1000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Bandhan Financial Services Fund.