Bandhan Mutual Fund has launched the Bandhan Multi Asset Allocation Fund, an open-ended scheme that allows investment across various asset classes, including Indian and International Equities, Arbitrage, Fixed Income, Gold, and Silver, focusing on asset allocation as the primary factor affecting return variability. The new fund will utilize a multi-asset allocation strategy to enhance reward and risk by diversifying investments across diverse asset classes offering distinct growth, stability, and inflation protection benefits.
The New Fund Offer (NFO) is set to open on Wednesday, 10 January 2024, and will close on Wednesday, 24 January 2024. Investments in the Bandhan Multi Asset Allocation Fund can be made through licensed mutual fund distributors, investment advisors, online platforms, or directly at https://bandhanmutual.com/nfo/bandhan-multi-asset-allocation-fund/.
The fund’s target allocation is 50% Indian Equities, 15% International Equities, 15% fully hedged Arbitrage strategies, 10% actively managed Fixed Income, and 10% domestic Gold and Silver. The portfolio will be systematically rebalanced half yearly to achieve the targeted allocation. Vishal Kapoor, CEO of Bandhan AMC, emphasizes the importance of a multi-asset allocation approach, he commented, “By expertly integrating major asset classes into a single well-curated fund, the fund aims for potential long-term growth, with relatively lower volatility. Investors seeking a long-term well-rounded portfolio for relatively stable returns may find this very attractive.”
