Bandhan MF introduces Nifty Smallcap 250 Index Fund
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Bandhan Mutual Fund (MF) has launched Bandhan Nifty Smallcap 250 Index Fund, an open-ended scheme tracking Nifty Smallcap 250 Index. The NFO opens for subscription on December 12, 2023 and closes on December 19, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and any amount thereafter.
The performance of the Scheme will be benchmarked with Nifty Smallcap 250 TRI and its fund manager is Nemish Sheth.
The investment objective of the Scheme is to replicate the Nifty Smallcap 250 Index by investing in securities of the Nifty Smallcap 250 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Smallcap 250 Index, subject to tracking errors.
