Bandhan Mutual Fund Brings its New Bandhan Financial Services Fund

Bandhan Mutual Fund, a renowned mutual fund house, has introduced a new Sectoral Fund (NFO) in the equity segment.

The subscription for the NFO, Bandhan Financial Services Fund, will commence on July 10 and remain open until July 24, 2023.

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This scheme is open-ended, allowing investors the flexibility to redeem their investments at any time.

The fund aims to facilitate long-term capital appreciation, as stated by the asset management company.

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Investment Opportunities Starting from ₹1,000

Bandhan Mutual Fund allows investors to begin investing in Bandhan Financial Services Fund with a minimum investment of Rs 1,000,

and subsequent investments can be made in multiples of Re 1.

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The benchmark for this scheme is NIFTY Financial Services TRI.

An exit load of 1% will be charged for redemptions made within 365 days.

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The scheme is managed by Fund Manager Manish Gunwani.

Objective of the Scheme

The primary objective of Bandhan Financial Services Fund is to generate long-term capital appreciation by investing in equity-related instruments of equity and financial services companies.


The financial services sector consists of 5 broad sectors (Banking, Finance, Capital Markets, Fintech, and Insurance) and 19 sub-sectors.

This scheme offers investment opportunities in sectors such as Banks, NBFCs, Capital Markets, Insurance, and Fintech, employing a flexi-cap and growth-oriented approach.


Suitable Investors

Bandhan Mutual Fund suggests that investors seeking to generate alpha through allocation to the non-core part of their portfolio may find this fund beneficial.

Alpha generation refers to earning returns higher than the benchmark.

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Bandhan Financial Services Fund, being a sectoral fund, is suitable for investors with a higher risk appetite seeking higher returns.

Additionally, investors looking to diversify their portfolios by investing in a single sector may find this scheme an attractive option.

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