Bandhan Mutual Fund has launched the Bandhan Retirement Fund, aiming to provide long-term capital appreciation by investing in equity, debt, and other instruments. The fund’s dynamic asset allocation strategy allows investors to participate in the equity market upside while cushioning potential downside during market falls. The new fund offer will open on September 28, 2023, and close on October 12, 2023. Investments can be made through licensed distributors, online platforms, or directly on Bandhan Mutual’s website.
The Bandhan Retirement Fund has a five-year lock-in period to discourage investors’ emotions and encourage long-term investment. Its equity investment framework focuses on quality companies with long-term growth and justified valuations. A minimum equity holding requirement of 65% is maintained through hedged equity allocation. The debt portfolio is diversified across quality instruments like GSec, SDL, Corporate Bonds, and Money Market Instruments.
Highlighting why retirement planning is a critical goal, Mr. Vishal Kapoor, CEO, Bandhan AMC Limited (Bandhan AMC) said, “Investors looking for a retirement product that combines the benefits of diversification, tax efficiency, and the potential to beat inflation over the long term could consider investing in Bandhan Retirement Fund.”
