HT Bureau
GUWAHATI, March 6: Bandhan Mutual Fund on Thursday announced the launch of the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund which has been designed to provide investors with a structured short-term fixed-income investment opportunity, an official statement said.
“The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds issued by leading banks, NBFCs, and financial institutions. With a systematic roll-down strategy from 6 months to 3 months, the fund aims to capture short-term yield advantages while maintaining liquidity and minimising interest rate risk,” the statement further said.
The New Fund Offer (NFO) opened on Thursday, March 6 and will close on Tuesday, March 11.
Investors can subscribe to the fund through licensed mutual fund distributors, investment advisors, online platforms, and directly at https://www.bandhanmutual.com.
Commenting on the launch, Vishal Kapoor, CEO, Bandhan AMC, said, “Fixed-income investments, particularly short-duration debt, provide a structured approach to navigating market fluctuations while preserving capital. The financial services sector—comprising banks, NBFCs, and financial institutions—has remained resilient, supported by strong capital buffers, low NPAs, and steady credit growth. This creates a compelling opportunity to access high-quality, AAA-rated debt instruments with attractive yields”.
Speaking about the advantages of debt index fund, “Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund systematically captures these advantages, offering a transparent, cost-effective, and liquid investment solution that is well-suited to today’s market conditions.”
“The Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund aims to leverage the roll-down strategy by investing in CDs, CPs, and bonds within the 3-6 months maturity, capitalising on strong demand for short-term securities,” the statement said.
This approach makes it an appealing option for investors looking to generate potential income through exposure to shorter-maturity instruments on the yield curve, it concluded.