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On the rationale behind the fund, he said passive investing is becoming more and more acceptance today and the new fund recognises the need to provide an investment option that aligns with the evolving preferences of today's investors.
Bandhan Mutual Fund announced the launch of the Bandhan Nifty Smallcap 250 Index Fund. The scheme opened for public subscription on December 12, 2023, and will close on December 19, 2023.
PPFAS Mutual Fund announced the launch of Parag Parikh Arbitrage Fund. The scheme opened for public subscription on October 23, 2023, and will close on October 27, 2023.
Mumbai: Baroda BNP Paribas Mutual Fund has announced the launch of Baroda BNP Paribas Multi Asset Fund, an Open-ended Scheme investing in Equity, Debt and Gold ETF. The fund will be managed by Mr. Jitendra Sriram (experience with over 25 years) and Mr. Vikram Pamnani (Experience of 12+ years) and will be benchmarked against a customized index comprised of 65% of Nifty 500 TRI