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Bandhan Mutual Fund announces launch of the Bandhan Innovation Fund

The fund is ideal for investors with a long-term investment horizon and higher risk appetite, looking for diversification in their satellite portfolio and generating potential alpha

Bandhan mutual fund

Bandhan mutual fund

Abhishek Kumar Mumbai

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Bandhan Mutual Fund (MF) on Thursday announced the launch of the Bandhan Innovation Fund. The scheme will open for subscription on April 10 and will invest in companies with substantial R&D investment, high skilled-employee costs, potentially higher margins or growth, unique products or services, non-linear business models, and a notable brand presence.
 
"The fund will allocate its investments across a spectrum of innovators: 35-45 per cent to leading innovators with substantial industry R&D investments; 35-45 per cent to rising innovators utilising innovation for a competitive edge; and 10-15 per cent to emerging innovators," the fund house said in a release.
 

The fund, according to Bandhan MF, is ideal for investors with a long-term investment horizon and higher risk appetite, looking for diversification in their satellite portfolio and generating potential alpha.

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First Published: Apr 04 2024 | 9:24 PM IST

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