What is Nifty Total Market Index?
- The Nifty Total Market Index covers the entire equity market (95%) by including stocks from all sectors and sizes: Large, Mid, Small, and Micro caps.
- Diversifying across sizes and sectors helps reduce risk as opposed to focusing on specific sectors or stocks.
- Each stock is weighted based on its market capitalization, with larger companies having a greater impact on the index’s performance.
Why Nifty Total Market Index Deserves Your Attention?
- India’s booming stock market, currently ranked fourth worldwide, reflects a strong economy and is an appealing investment option.
- Mutual Funds offer a wise entry point, ensuring diversification, relatively lower risk, and simple portfolio management.
- However, selecting the right mutual fund can be complex.
- Investing in the Nifty Total Market Index simplifies this, covering the entire market, and potentially tapping into India’s economic growth.
(source:bandhanmutual.com)
BANDHAN NIFTY TOTAL MARKET INDEX FUND NFO:
| Mutual Fund | Bandhan Mutual Fund |
| Scheme Name | BANDHAN NIFTY TOTAL MARKET INDEX FUND |
| Objective of Scheme | The investment objective of the Scheme is to replicate the Nifty Total Market Index by investing in securities of the Nifty Total Market Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Total Market Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Index Funds |
| New Fund Launch Date | 24-Jun-2024 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 05-Jul-2024 |
| Indicate Load Seperately | 0.25% if redeemed on or before 15 days from the allotment date. Nil if redeemed after 15 days from allotment date. |
| Minimum Subscription Amount | Rs. 1000/- and any amount thereafter |
(source:amfiindia)
BANDHAN NIFTY TOTAL MARKET INDEX FUND NFO
Application Form
Scheme Documents
BANDHAN NIFTY TOTAL MARKET INDEX FUND Risk-o-meter:
(An open-ended scheme tracking Nifty Total Market Index)
This product is suitable for investors who are seeking*:
- To create wealth over long term.
- Investment in equity & equity related Instruments belonging to Nifty Total Market Index.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.