Bandhan Mutual Fund has launched its Bandhan Nifty Next 50 Index Fund, an open-ended scheme tracking the Nifty Next 50 Index. This index comprises the top 50 companies ranked just after the Nifty 50, representing high-growth potential within India’s top 100 listed stocks. The New Fund Offer (NFO) will open on February 13 and close on February 25, 2025. Investors can apply through mutual fund distributors, online platforms, or the company’s website.
Vishal Kapoor, CEO of Bandhan AMC, highlighted the fund’s potential, noting, “The Nifty Next 50 Index offers exposure to well-established companies still in their high-growth phase. Past trends show the index has historically outperformed the Nifty 50 during various market cycles. Given recent market corrections, this could be an opportune entry point for investors.”
In Kolkata, this fund is expected to attract retail and institutional investors seeking higher returns in the large-cap segment. With its robust investor base and rising mutual fund investments, Kolkata remains a key growth hub for Bandhan Mutual Fund’s new offerings. The Nifty Next 50 Index is rebalanced semi-annually, and the fund is suited for investors seeking higher risk and return potential in a large-cap strategy.