Bandhan MF introduces Nifty Alpha Low Volatility 30 Index Fund
Bandhan Mutual Fund has launched Bandhan Nifty Alpha Low Volatility 30 Index Fund, an open-ended scheme tracking Nifty Alpha Low Volatility 30 Index. The NFO opens for subscription on January 08, 2025 and closes on January 20, 2025. The Entry Load is not applicable for the scheme. The Exit Load will be 0.25% if redeemed on or before 15 days from the allotment date and Nil - if redeemed after 15 days from the allotment date. The minimum subscription amount is Rs 1000/- and in multiples of Re. 1/- thereafter.
The performance of the scheme will be benchmarked at Nifty Alpha Low Volatility 30 Index and its fund manager is Nemish Sheth.
The investment objective of the scheme is to replicate the Nifty Alpha Low Volatility 30 Index by investing in securities of the Nifty Alpha Low Volatility 30 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Alpha Low Volatility 30 Index, subject to tracking errors.
