Bandhan Mutual Fund launches Bandhan Nifty Midcap 150 Index Fund

NFO period: 03^rd September – 13^th September, 2024

Highlights of the NFO:

• Scheme type – An open-ended scheme tracking Nifty Midcap 150 Index


• Investment objective – The investment objective of the scheme is to replicate the Nifty Midcap 150 Index by investing in securities of the Nifty Midcap 150 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Midcap 150 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.


• Product suitability – This product is suitable for investors who are seeking to create wealth over a long term by investing in equity and equity related instruments belonging to Nifty Midcap 150 Index.


• Minimum Application Amount – First investment Rs. 1,000/- and multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan. Each of the Plans offer Growth option only.


• Fund Managers – Mr. Nemish Sheth


• Benchmark – Nifty Midcap 150 TRI