Bandhan Mutual Fund announced the launch of the Bandhan Multi Asset Allocation Fund. The scheme opened for public subscription on January 10, 2024, and will close on January 24, 2024.
Six mutual fund NFOs or new fund offers will open for subscription this week. Should you invest in these NFOs to maximise the return of your portfolio?
Sundaram Mutual Fund announced the launch of Sundaram Multi Asset Allocation Fund. The scheme opened for public subscription on January 05, 2024, and will close on January 19, 2024.
The minimum application amount for lumpsum investment is Rs 100 and any amount thereafter. The minimum instalment for SIP, STP, and SWP is Rs 100 and any amount thereafter. The scheme will offer direct and regular plans with both growth and IDCW options.
The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities, debt and money market instruments, commodity ETFs and exchange traded commodity derivatives.