Bandhan Mutual Fund announced the launch of the Bandhan Retirement Fund, with the objective to provide long-term capital appreciation by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals.
The dynamic asset allocation strategy of the fund provides investors with an opportunity to participate in the equity market upside while cushioning the potential downside during a market fall. The New Fund Offer will open on Thursday, September 28, 2023, and close on Thursday, October 12, 2023. Investment in Bandhan Retirement Fund can be made through licensed mutual fund distributors and online platforms, as well as directly on https://bandhanmutual.com/nfo/bandhan-retirement-fund/
Highlighting why retirement planning is a critical goal, Mr. Vishal Kapoor, CEO, Bandhan AMC Limited (Bandhan AMC) said, “Higher life expectancy, rising cost of living, and soaring healthcare inflation could squeeze investor savings, making it pertinent to plan for retirement. Generally, investors with a conservative approach to building a retirement plan grapple to beat inflation, facing a shortage of funds to meet their expenses. While maintaining the same standard of living post-retirement is imperative; the lack of preparedness could derail the journey to create a sizeable retirement corpus. Mutual funds are an effective vehicle for retirement planning, providing the flexibility to invest through the Systematic Investment Plan (SIP) and the lumpsum route, offering the benefit of relatively higher growth potential. Investors looking for a retirement product that combines the benefits of diversification, tax efficiency, and the potential to beat inflation over the long term could consider investing in Bandhan Retirement Fund.”