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Bandhan Mutual Fund announced the launch of the Bandhan Nifty Smallcap 250 Index Fund. The scheme opened for public subscription on December 12, 2023, and will close on December 19, 2023.
Bandhan Mutual Fund announced the launch of the Bandhan Nifty Smallcap 250 Index Fund, an open-ended fund that tracks the Nifty Smallcap 250 Index comprised of stocks ranked 251-500 by market capitalization.
The investment objective of the scheme is to replicate the Nifty Smallcap 250 index by investing in securities of the Nifty Smallcap 250 Index in the same proportion/weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty Smallcap 250 Index, subject to tracking errors.