Bandhan Mutual Fund Launches Bandhan Nifty Next 50 Index Fund, Open Upto, 25 February 2025
MFNews
Bandhan Mutual Fund Launches Bandhan Nifty Next 50 Index Fund, Open Upto, 25 February 2025
Chandigarh: Bandhan Mutual Fund announced the launch of the Bandhan Nifty Next 50 Index Fund, an open-ended scheme tracking the Nifty Next 50 Index, which comprises the 50 companies ranked just beyond the Nifty 50 in India’s top 100 listed stocks. While classified as large caps, these companies exhibit mid and small-caps-like growth potential. The New Fund Offer (NFO) will open on Thursday, 13 February 2025, and close on Tuesday, 25 February 2025. Investment in the Bandhan Nifty Next 50 Index Fund can be made through licensed mutual fund distributors, online platforms, and directly at https://bandhanmutual.com/nfo/bandhan-nifty-next-50-index-fund/.
Commenting on the opportunity in the Nifty Next 50, Vishal Kapoor, CEO, Bandhan AMC, said, “The Nifty Next 50 Index provides investors access to well-established companies that are still in their high-growth phase. Spanning sectors such as consumer discretionary, FMCG, IT, and more, the index includes industry disruptors with noteworthy potential. Over the past nine years, 24 companies from this index have moved into the Nifty 50, reinforcing it as a launchpad for potential future market leaders. Historically, it has outperformed the Nifty 50 across multiple market cycles. With the recent market correction pushing the index down over 20% and trading below its five-year average, past trends suggest that such phases have often been followed by strong recoveries. The Bandhan Nifty Next 50 Index Fund provides investors with an opportunity to participate in this segment’s long-term growth potential at an opportune time.”
The Nifty Next 50 Index is rebalanced semi-annually in March and September and follows a Free Float Market Capitalisation-based weighting methodology. The Bandhan Nifty Next 50 Index Fund is suited for investors seeking a large-cap strategy with higher risk and return potential.
