Bandhan Mutual Fund has unveiled the Bandhan Business Cycle Fund, a new open-ended equity scheme designed to adapt to various phases of the economic cycle. The New Fund Offer (NFO) opens today and will run until September 24, 2024. This fund targets to dynamically adjust sector allocations according to the economic phases—Expansion, Peak, Contraction, and Slump—to maximize growth opportunities and manage risks effectively.
The Bandhan Business Cycle Fund is structured to enhance portfolio diversification by leveraging sector rotation strategies. Vishal Kapoor, CEO of Bandhan AMC, emphasized that the fund utilizes a comprehensive approach to tap into economic trends and sector dynamics, aiming to capture emerging opportunities while managing market risks. “The fund is tailored for investors with a long-term horizon and higher risk tolerance, focusing on optimizing returns through strategic sector adjustments,” Kapoor stated.
In Kolkata, the fund’s launch is anticipated to attract significant interest due to the city’s growing investor base and its reputation as a financial hub. With its focus on sector-rotation and economic cycle alignment, the Bandhan Business Cycle Fund offers a promising opportunity for investors seeking to diversify and enhance their portfolios amid varying market conditions.
