Bandhan Mutual Fund has launched Bandhan Nifty 200 Quality 30 Index Fund. The fund is an open-ended index scheme that tracks the Nifty 200 Quality 30 Index.
The companies in the underlying index are selected based on key financial metrics such as Return on Equity (ROE), Debt-to-Equity ratio, and Earnings Per Share (EPS).
In a press release, Vishal Kapoor, CEO, Bandhan AMC said, “There is a growing shift towards large-cap, high- quality stocks that offer resilience and stability as the economies are facing various headwinds. Quality stocks, with their solid financial fundamentals, have become a favored choice, especially in uncertain markets. The Nifty 200 Quality 30 Index targets companies with robust profitability, manageable debt levels, and consistent earnings, aiming to deliver better risk-adjusted returns with lower volatility.”
