Bandhan Retirement Fund NFO opens on September 28
Bandhan Mutual Fund on Tuesday announced the launch of the Bandhan Retirement Fund, with the objective to provide long-term capital appreciation by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals.
The New Fund Offer will open on September 28, 2023, and close on Thursday, October 12, 2023.
Investment in Bandhan Retirement Fund can be made through licensed mutual fund distributors and online platforms, as well as directly on https://bandhanmutual.com/nfo/bandhan-retirement-fund/
Highlighting why retirement planning is a critical goal, Vishal Kapoor, CEO, Bandhan AMC Limited (Bandhan AMC) said, “Mutual funds are an effective vehicle for retirement planning, providing the flexibility to invest through the Systematic Investment Plan (SIP) and the lumpsum route, offering the benefit of relatively higher growth potential. Investors looking for a retirement product that combines the benefits of diversification, tax efficiency, and the potential to beat inflation over the long term could consider investing in Bandhan Retirement Fund.”
Highlighting why investors could consider investing in the Bandhan Retirement Fund, Viraj Kulkarni, Fund Manager, Bandhan AMC added, “Bandhan Retirement Fund follows a model-based approach for dynamic allocation across equity and debt to participate in the market upside while cushioning the potential downside during a market fall. This quantitative model has a robust combination of valuation, fundamental, and technical parameters to make the allocation effective for investors. The fund also allows investors to choose the Systematic Withdrawal Plan (SWP) route to meet their cash flow needs post-retirement.”
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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