Bandhan Mutual Fund has launched the Bandhan Nifty 200 Quality 30 Index Fund, an open-ended index scheme designed to track the Nifty 200 Quality 30 Index. The fund focuses on 30 high-quality companies from the Nifty 200 universe, selected based on robust financial metrics like Return on Equity (ROE), Debt-to-Equity ratio, and Earnings Per Share (EPS).
The New Fund Offer (NFO) opens on November 18, 2024, and closes on November 29, 2024. Accessible through licensed mutual fund distributors, online platforms, or directly via the Bandhan Mutual Fund website, the scheme targets investors seeking stability amid market volatility. Vishal Kapoor, CEO of Bandhan AMC, emphasized the fund’s resilience, noting, “As economies encounter headwinds, quality stocks with strong fundamentals provide a buffer against volatility.
This index fund focuses on sectors like Consumer Discretionary and FMCG, aiming for better risk-adjusted returns and reduced volatility.” In Kolkata, financial experts predict strong interest from retail and institutional investors, driven by the city’s growing appetite for quality-centric investment options. With its historical inclination toward stability-focused funds, Kolkata is poised to contribute significantly to the fund’s traction during the NFO period.