Bandhan Nifty Smallcap 250 Index Fund NFO: Everything you need to know

13 Dec 2023 , 10:00 AM

Bandhan Mutual Fund is launching NFO under its “index category”, named as Bandhan Nifty Smallcap 250 Index Fund. The investment objective of the scheme is to by invest in securities of the Nifty Smallcap 250 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Smallcap 250 Index, subject to tracking errors.

Investment strategy: The Scheme will be managed passively with investments in stocks in a proportion to the weights of these stocks in the Nifty Smallcap 250 Index.

Asset allocation: The corpus of the Scheme will be invested in equity and equity related products & in debt and money market instruments.

Who should invest?

Investors with very high risk appetite and want to invest for 5-7 years to diversify their portfolio in Nifty 250 smallcap index should invest in Bandhan Nifty Smallcap 250 Index Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty Smallcap 250 TRI.

Fund Managers: Mr. Nemish Sheth

The NFO is available for subscription from December 12 to December 19. 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 Nifty Smallcap 250 Index Fund.