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Today Date : Saturday, April 20, 2024

Bandhan Mutual Fund launches Bandhan Financial Services Fund for India growth investment opportunity

Bandhan Mutual Fund launches Bandhan Financial Services Fund for India growth investment opportunity

Bandhan Mutual Fund has launched the Bandhan Financial Services Fund, an open-ended equity scheme, offering investors the chance to benefit from the multi-year growth opportunities in the financial services sector. The fund will be actively managed by a team with a strong pedigree and expertise in leveraging the vast opportunities across the value chain.

 The New Fund Offer will open on July 10, 2023, and close on July 24, 2023. The fund will go beyond the traditional banking sector by diversifying investments in capital markets, NBFCs, insurance, and fintech, providing investors with an opportunity to benefit from India's long-term growth story.
The financial services sector is agile in embracing new businesses and themes that could further enhance its growth prospects. 

With a solid track record for wealth creation over the long term, the valuation of the Nifty Financial Services Index is currently at reasonable levels, making it an attractive entry point for investors looking to benefit from the growth prospects of this diversified sector. The Bandhan Financial Services Fund has a bottom-up stock selection approach with flexible allocation across market cap segments, focusing on growth-oriented companies with proven competitive positioning, good management quality, and a robust earnings trajectory.
The fund will use a 3-factor model for stock selection, prioritizing earnings trajectory, management quality, and
competitive positioning. The portfolio construction will follow a flexi cap approach from a market cap allocation
standpoint and will be actively managed. The growth style of management will focus on medium to long-term growth opportunities.