NFO Alert: Bandhan MF Launches CRISIL-IBX 3-6 Months Debt Index Fund

Bandhan Mutual Fund has introduced the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund. This is an open-ended fund that follows a fixed maturity period and offers investors a structured option for short-term fixed-income investments.

The NFO (New Fund Offer) of the scheme is going to open for subscription on March 6 2025, and close on March 11, 2025.

The fund invests in a mix of high-quality financial instruments, which includes AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds from top banks, NBFCs, and financial institutions. With a systematic roll-down strategy from 6 months to 3 months.

This strategy helps the fund take advantage of short-term returns while ensuring easy access to money and lowering the risk of interest rate changes, as stated in a press release by the fund house.

This scheme is ideal for investors looking to earn income by investing in short-term maturity instruments. It is an open-ended index fund that follows the Crisil-IBX Financial Services 3-6 Months Debt Index. The investment carries a low to moderate risk, as indicated by the scheme’s riskometer.