Bandhan MF launches index fund focussing on small cap

Bandhan Mutual Fund has launched Bandhan Nifty Smallcap 250 Index Fund, an open-ended fund that tracks the Nifty Smallcap 250 Index.

The index comprises stocks ranked 251-500 by market capitalization. 

In a press release, Vishal Kapoor, CEO, Bandhan MF said, “Poised to benefit from emerging themes across various sectors, small caps are well positioned to deliver outsized gains during bull markets. To benefit from this opportunity, smart investors could choose an index fund that tracks the small-cap universe, instead of chasing the best performing actively-managed small-cap funds.”