May 29, 2024 05:33 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Rajkot fire: Gaming zone co-owner among those killed, police confirms today | Eyeing more seats in Bengal, PM Modi holds mega roadshow in north Kolkata | 'I am not against minorities but won't divide the country based on religion': PM Modi | Delhi LG VK Saxena takes swipe at Kejriwal over children's hospital fire, orders anti-corruption probe | Punjab minister Balkar Singh's obscene video surfaces, BJP calls AAP 'Anti Aurat Party'
Bandhan Long Duration Fund launched for investors seeking long-term debt investments
Bandhan Bank

Bandhan Long Duration Fund launched for investors seeking long-term debt investments

| @indiablooms | 06 Mar 2024, 07:49 pm

Bandhan Mutual Fund announced the launch of the Bandhan Long Duration Fund, an open-ended, long-term debt scheme that invests in instruments such that the portfolio Macaulay duration will be over 7 years.

The fund may offer a compelling opportunity for investors who are expecting a fall in the current near-peak interest rates, driven by structural improvements in the economy.

The New Fund Offer (NFO) for the fund is set to open on Tuesday, 5 March 2024, and will close on Monday, 18 March 2024.

Talking about the new offering, Vishal Kapoor, CEO, Bandhan AMC said, “Our macroeconomic environment is entering a unique phase. A combination of structural and cyclical improvements is likely to reduce deficits, ease inflation, and attract foreign investments in Indian bonds. These developments are expected to pave the way for a lower interest rate regime over the medium term, creating an enticing opportunity for bond investments. Long-duration funds like our latest offering enable investors to invest at favourable rates for the long term, mitigating future reinvestment risks and offering potential capital gains as interest rates fall.”

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.