India, Feb. 7 -- Bandhan Mutual Fund has launched a new Open Ended Growth scheme named "Bandhan Nifty Next 50 Index Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Feb 13 to Feb 25, 2025.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.25.

The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Nemish Sheth, while the performance of the scheme will be benchmarked against Nifty Next 50.

The investment objective of the Scheme is to replicate the Nifty ...