Bandhan Nifty Next 50 Index Fund NFO review

Bandhan Mutual Fund has launched Bandhan Nifty Next 50 Index Fund , a passive fund that will track the Nifty Next 50 Index. The new fund offer (NFO) opened for subscription on February 13, 2025, and will remain open until February 25, 2025. The fund aims to replicate the performance of the Nifty Next 50 Index by investing in its constituent stocks in the same proportion. Bandhan Nifty Next 50 Index Fund NFO snapshot NFO period February 13 - 25, 2025 Benchmark Nifty Next 50 TRI Fund manager Nemish Sheth Exit load 0.25 per cent if redeemed within 15 days; Nil after 15 days Minimum investment Rs 1,000 (Lumpsum), Rs 100 (SIP) Tax treatment •If sold within a year, gains will be taxed at 20 per cent •If sold after a year, gains beyond Rs 1.25 lakh will be taxed at 12.5 per cent About the Nifty Next 50 Index The index comprises the 50 large