Bandhan Mutual Fund launches Bandhan Nifty 500 Momentum 50 Index Fund

NFO period: 14^th October - 24^th October, 2024

Highlights of the NFO:

• Scheme type - An open ended scheme tracking Nifty 500 Momentum 50 Index.


• Investment objective - The investment objective of the Scheme is to replicate the Nifty 500 Momentum 50 Index by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors.


• Product suitability - This product is suitable for investors who are seeking to create wealth over a long term. Investment in equity and equity-related instruments belonging to Nifty 500 Momentum 50 Index.


• Minimum Application Amount - Rs. 1,000/- and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Direct Plan and Regular Plan having Growth Option only.


• Fund Managers - Mr. Nemish Sheth


• Benchmark - Nifty 500 Momentum 50 Index