Bandhan Long Duration Fund NFO: Key details you need to know

7 Mar 2024 , 10:13 AM

Bandhan Mutual Fund is launching NFO under its “Debt Scheme – Long Duration Fund category”, named Bandhan Long Duration Fund. The scheme seeks to invest in a diversified set of debt and money market securities, such that the Macaulay duration of the Portfolio is greater than 7 years, intending to generate optimal returns over the long term.

Investment strategy: The scheme will invest in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years.

Asset allocation: The scheme aims to invest in debt and money market instruments. The scheme will invest in relatively high-interest rate risk and relatively low credit risk.

Who should invest?

Investors with moderate risk appetite should invest in the Bandhan Long Duration Fund for 3-5 years.

Risk associated: Moderate level of risk.

Benchmark: NIFTY Long Duration Debt Index- A-III.

Fund Managers: Mr. Gautam Kaul and Mr. Sreejith Balasubramanian

The NFO is available for subscription from March 05 to March 18. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is ₹1000/- and in multiples of any amount thereafter.

It offers a Regular Plan and a Direct Plan. Each plan offers Growth and Income options. Click here to invest in the Bandhan Long Duration Fund.