- Date : 06/07/2023
- Read: 3 mins
New Launch: Bandhan Financial Services Fund by Bandhan Mutual Fund. Explore growth opportunities in the financial sector. Opening on 10 July.
- Bandhan Mutual Fund launches its Financial Services Fund.
- Subscription for the fund opens on July 10, 2023, and closes on July 24, 2023.
- Vishal Kapoor, Bandhan AMC CEO, highlights reasons for investors to invest in the Financial Services Sector.
- The Bandhan Financial Services Fund follows a unique bottom-up stock selection approach, a three-factor model, and a flexi-cap portfolio construction strategy.
Bandhan Mutual Fund has recently announced its new fund, the Bandhan Financial Services Fund. It is an open-ended equity scheme. The fund's subscription is set to open on Monday 10th July 2023, and close on Monday, 24 July 2023. It offers investors an exciting opportunity to tap into the multi-year growth potential of the financial services sector. In this article, we'll explore the key highlights of this new fund.
Also Read: New Launch Alert! HDFC Mutual Fund Launches Smart Beta ETFs.
Why Invest in the Financial Services Sector?
Vishal Kapoor, Bandhan AMC CEO, highlights compelling reasons for investors to consider investing in the Financial Services Sector. He points out that the Financial Services Sector has been a significant source of returns in the capital market. With the Financial Services Index experiencing a remarkable 18X growth since its inception, surpassing the Nifty 500 Index's 10X growth, investors can expect significant returns.
The Bandhan Financial Services Fund takes a proactive approach by diversifying investments not only in banking but also in capital markets, NBFCs, FinTech, and insurance. This diverse investment strategy provides investors with a unique opportunity to participate in India's long-term growth.
The Bandhan Financial Services Fund Manager
The fund manager for this scheme is Sumit Agarwal. The Bandhan Financial Services Fund will be under the active management of a highly skilled team with a strong track record. Additionally, they possess deep expertise in leveraging a wide range of opportunities within the financial services sector. This team is well-equipped to capitalise on the attractive value chain, providing investors with an opportunity to benefit from the economy's growth.
Also Read: Aditya Birla Sunlife Mutual Fund Merged The Schemes Investing Overseas
Key Highlights of Bandhan Financial Services Fund
- Unique Bottom-Up Approach: The fund has a bottom-up stock selection approach. This approach allows for a focus on growth-oriented companies that exhibit competitive positioning, a robust earnings trajectory, and strong management quality.
- Three-Factor Model: The fund utilises a three-factor model for stock selection. The three factors considered are the earnings trajectory of the stock, the competitive positioning of the company, and management quality. Emphasising this, the fund manager aims to create a portfolio that combines both quality and growth aspects.
- Flexi-Cap Portfolio Construction: The Bandhan Financial Services Fund follows a Flexi-cap approach for portfolio construction, considering market cap allocation. With an active management strategy, the fund follows a management growth style, focusing on medium to long-term growth opportunities within the financial services sector.
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The Bandhan Financial Services Fund is a great investment option for investors. However, it is essential to evaluate the risk, investment horizon, and financial objectives before making any investment decisions.
Sources
- Livemint.com
- economictimes.com
Disclaimer: This article is intended for general information purposes only and should not be construed as investment or legal advice. You should separately obtain independent advice when making decisions in these areas.
