The Bandhan Nifty Alpha 50 Index Fund was introduced by Bandhan Mutual Fund. What you should know

 The Bandhan Nifty Alpha 50 Index Fund was introduced by Bandhan Mutual Fund. What you should know

Mumbai: The Bandhan Nifty Alpha 50 Index Fund, an open-ended index scheme tracking the Nifty Alpha 50 Index, has been launched by Bandhan Mutual Fund. It offers investors the chance to invest in a well-diversified portfolio of stocks that have produced high alpha (relatively higher returns than the market) over the past year. 

Bandhan Nifty Alpha 50 Index Fund NFO warning

On Wednesday, October 25, 2023, the New Fund Offer will begin. It will end on Monday, November 6, 2023. 

Vishal Kapoor, CEO of Bandhan AMC, outlined the main justifications for thinking about the Nifty Alpha 50 Index approach, stating that "Traditional passive funds are meant to match their benchmark and hence deliver broad market-based returns. The Bandhan Nifty Alpha 50 Index Fund seeks to outperform the market by choosing equities with certain characteristics that might result in greater risk-adjusted returns than the overall market. According to NSE statistics as of September 30, 2023, the Nifty Alpha 50 Index has done better than the Nifty 50 Index and the Nifty 500 Index, delivering an alpha of 5% above these broad-based indexes while having greater volatility. Bandhan Nifty Alpha 50 Index Fund is a fund that savvy investors may add to their portfolios to increase the portfolio's growth potential by incorporating an aggressive approach.

The Bandhan Nifty Alpha 50 Index Fund: How to Invest?

Bandhan Nifty Alpha 50 Index Fund investments may be made directly, via authorized mutual fund distributors, and online.

Bandhan AMC, formerly known as IDFC Asset Management Company Limited, was founded in 2000 with the goal of assisting individuals in transforming their savings into investments and wealth. Through a variety of carefully crafted investment products, including Mutual Funds and Portfolio Management Services (PMS), Bandhan AMC provides service to its customers. These products are managed by an experienced investment team with the goal of delivering performance in line with the products' clearly stated goals.