Bandhan Mutual Fund has announced the launch of Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.
The fund targets companies with substantial RD investment, high skilled-employee costs, potentially higher margins or growth, unique products or services, non-linear business models, and a notable brand presence.
The New Fund Offer (NFO) begins on Wednesday, April 10, 2024, and will conclude on Wednesday, April 24, 2024.
Investments in the Bandhan Innovation Fund can be made through licensed mutual fund distributors, investment advisors, online platforms, and directly at https://bandhanmutual.com/nfo/bandhan-innovation-fund/.
Vishal Kapoor, CEO of Bandhan AMC, while discussing the new offering, said, Innovation has consistently driven companies forward, and today, Indias flourishing innovation landscape presents an exciting investment opportunity. We are observing ground-breaking transformations not only in technology but also in sectors like finance, auto, technology, healthcare, entertainment, retail, etc. With Indias climb in the global innovation rankings and swift advancements in fields like digital media, e-commerce, and electric vehicles, we stand at a crucial juncture. The Bandhan Innovation Fund is crafted to capitalize on these pivotal shifts, inviting investors to join in this wave of innovation-driven growth.
