Bandhan Mutual Fund announced the launch of the Bandhan Innovation Fund. The scheme opened for public subscription on April 10, 2024, and will close on April 24, 2024.
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Bandhan Mutual Fund has announced the launch of the Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.
Bandhan US Treasury Bond 3-7 year FoF, and Quantum Multi Asset Allocation Fund are already open for subscription, whereas Parag Parikh Dynamic Asset Allocation Fund, and Mahindra Manulife Multi Asset Allocation Fund will open on February 20.
According to the scheme information document, the investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments of microcap companies.