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Bandhan Mutual Fund has launched Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.
The fund will invest in innovative companies engaged in research and development, having a competitive edge and having disruptive products or services.
In a press release, Vishal Kapoor, CEO of Bandhan MF said, "Innovation has consistently driven companies forward and today, India's flourishing innovation landscape presents an exciting investment opportunity. We are observing ground-breaking transformations not only in technology but also in sectors like finance, auto, technology, healthcare, entertainment, retail, etc. With India's climb in the global innovation rankings and swift advancements in fields like digital media, e-commerce, and electric vehicles, we stand at a crucial juncture. The Bandhan Innovation Fund is crafted to capitalize on these pivotal shifts, inviting investors to join in this wave of innovation-driven growth.