NFO launch alert: Bandhan Nifty 200 Quality 30 Index Fund opens on Monday

Bandhan Mutual Fund's NFO tracking the Nifty 200 Quality 30 index will open for subscription on November 18 (Monday). Here are the key pointers investors need to know before betting on the investment option:

As per the company's release, the NFO will offer investors with the opportunity to take a dig in the best 30 high quality companies within the Nifty 200 universe.

The stocks are selected based on key financial metrics including Return on Equity (ROE), Debt-to-Equity ratio, and Earnings Per Share (EPS). The Nifty 200 Quality 30 Index targetscompanieswith robust profitability, manageable debt levels, and consistent earnings, aiming to deliver better risk-adjusted returns with lower volatility.

The funds accumulated from the NFO will be put to sectors like Consumer Discretionary and FMCG, as these companies have historically shown steady performance and smaller declinesduring global crises,providing investors with potential downside protection.

The mutual fund house is releasing the scheme to provide both resilience and growth potential, positioning it as a reasonably attractive option for investors seeking relative stability amid market volatility. 

Other key details:

NFO open period: November 18- November 29, 2024

Investments into the instrument can be made via licensed mutual fund distributors, online platforms, or directly at https://bandhanmutual.com/nfo/bandhan-nifty-200-quality-30-index-fund/

Highlighting the key reasons to invest in the Bandhan Nifty 200 Quality 30 Index Fund, Vishal Kapoor, CEO, Bandhan AMC, said, “As economies face increasing headwinds, there is a growing shift towards large-cap, high- quality stocks that offer resilience and stability. Quality stocks, with their solid financial fundamentals, have become a favoured choice,especially in uncertain markets.

This fund may be ideal for long-term investors aiming for both relative stability and growth potential in today’s evolving landscape, added Kapoor.