Bandhan Mutual Fund Launched New Offer: Why You Should Invest In This Fund?

Bandhan Mutual Fund announced the launch of the Bandhan Nifty IT Index Fund, an open-ended equity scheme tracking the Nifty IT Index, to capture the growth potential of the Indian Information Technology (IT) sector.

Investment in the Bandhan Nifty IT Index Fund can be made through licensed mutual fund distributors and online platforms, as well as, directly on https://www.bandhanmutual.com.

Underlying — why investors should invest in the Bandhan Nifty IT Index Fund?

“The Indian IT sector is at the forefront of global Innovation, establishing itself as a technology powerhouse and a leading player in the global IT landscape. Over the years, the Nifty IT Index has generated healthy returns for its investors delivering a handsome 17% annual return over the last 10 years and outperforming major sectors.

Furthermore, the valuation of the Nifty IT Index has reduced over the last 18 months and it is now closer to its historical average. The latest offering, the Bandhan Nifty IT Index Fund combines the relative stability, quality, and reasonable return visibility that this existing sector offers.

The IT sector is now well positioned with several companies offering a relatively higher return on equity and regular dividend payouts.

Image credit Bandhan Mutual Funds on Google

Bandhan AMC is aiming on helping savers become investors and create wealth. With a seasoned management team, as a result of, over 60 cities, and serving investors in over 790 locations in India, Bandhan AMC focuses on clarity, simplicity, innovation and customer-centricity. The fund house offers a range of investments carefully designed investment products — across equalities, fixed income, and hybrid that aim to provide performance with their well-defined goals.

Note: the new Fund Offer ( NFO) will open on Friday, 18 August 2923, and close on Monday, 28 August 2023