Bandhan Mutual Fund has launched a new index fund called the Bandhan Nifty Alpha Low Volatility 30 Index Fund.
This open-ended scheme is designed to offer alpha returns with low volatility. Investors can begin investing with as little as Rs 1,000.
The subscription for this fund is open from January 8, 2025, and will close on January 20, 2025.
Investors have the option to choose between regular and direct plans. The fund is managed by Nemish Sheth.
Who Should Invest in This Fund?
This fund is suitable for investors who are willing to take on higher risks. It is ideal for those seeking a balance between diversification and stability over the long term.
If you want to build wealth through a multi-factor strategy, this fund could be a good choice.
Investors should also note that if they redeem their investment within 15 days of allotment, they may face an exit load of 0.25%. However, no exit load will be charged after 15 days.
Expert Insights from Vishal Kapoor
Vishal Kapoor, the CEO of Bandhan Mutual Fund, stresses that investors should follow a strategy that aligns with their long-term goals.
While the fund might not show positive returns in the short term, it is designed to provide risk-adjusted returns across various market conditions.
The fund is built to help investors grow their wealth over the long run while managing risks.
