Bandhan Business Cycle Fund NFO: Key details you need to know

10 Sep 2024 , 01:23 PM

Bandhan Mutual Fund is launching NFO under its “Thematic Fund”, named as Bandhan Business Cycle Fund. The open ended fund aims 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.

Investment strategy: The scheme will follow a top-down approach based on factors like macroeconomic indicators (global economic growth, monetary policy, liquidity, geopolitics), domestic economic outlook (monetary and fiscal policies, credit cycles, rural and urban economies), government reforms (production incentives, digitization, tax policies), private consumption and capital expenditure trends.

Asset allocation: The fund managers will dynamically managed portfolio by invest predominantly in equity and equity related instruments of companies selected on the basis of business cycle.

Who should invest?

Investors with very high risk appetite should invest in the Bandhan Business Cycle Fund for 5 to 7 years.

Risk associated: Very high level of risk.

Benchmark: Nifty 500 TRI

Fund Managers: Mr. Vishal Biraia (equity portion) and Ms. Ritika Behera (equity portion & Overseas portion) Mr. Harshal Joshi (debt portion) and Mr. Gaurav Satra (overseas portion)

The NFO is available for subscription from September 10 to September 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 ₹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 Business Cycle Fund.