Bandhan Mutual Fund launches Bandhan Business Cycle Fund: All you need to know

The Bandhan Business Cycle Fund is an open-ended equity scheme launched by Bandhan Mutual Fund on September 10, 2024. The fund aims to capitalise on business cycles through dynamic allocation between various sectors and stocks at different stages of the economic cycle.

The new fund offer closes on September 24, 2024. The minimum subscription amount is ₹1,000. There is a redemption/switching-out exit load of 0.5% of the applicable NAV if redeemed or switched out within 30 days from the date of allotment. However, there is no exit load if redeemed or switched out after 30 days. Objective of the Scheme: The Bandhan Business Cycle Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Who Manages the Scheme?

Vishal Biraia Vice President - Fund Management, Equities Vishal Biraia joined Bandhan AMC Limited in June 2023 in Fund Management. He was earlier associated with Max Life Insurance and Aviva Life Insurance as a Research Analyst and assistant fund manager. Before that, he was associated with Antique Stock Broking with primary responsibility for research and marketing Indian equities to FII and with Batlivala & Karani Securities as a Research Analyst.

Ritika Behera Vice President - Equities

Ritika Behera joined Bandhan AMC Limited as Vice President – Equities on August 10, 2023, in the Equity Investments team. In her role, she is responsible for research and analysis. She has a total experience of more than 13 years. Before Bandhan AMC Limited, she was associated with Ocean Dial Asset Management as an Analyst. Earlier to this, she was associated with Elara Securities Pvt Limited and Batlivala & Karani Securities Pvt Ltd.

Harshal Joshi Vice President - Fund Management (Managing the fund since October 20, 2016)

Joshi has experience spanning over 14 years in mutual funds. He has been associated with Bandhan AMC since December 2008 with the Fixed Income Investment team. Before this, he was associated with ICAP India Pvt. Ltd. (2006 to 2007).

Gaurav Satra, Assistant Manager - Equity ent team of Bandhan AMC in June 2022 and was designated as the Equity Dealer. He has a total experience of more than 7.5 years. Before this, he was associated with various Consultancy Firms as a CA from December 2016 to May 2022.

Conclusion

The Bandhan Business Cycle Fund is a good option for long-term investors who want to take advantage of changing business cycles. However, it's important to understand the risks before investing.