Bandhan Mutual Fund launches Bandhan Contra Fund NFO August 10
Bandhan Mutual Fund has announced the launch of the Bandhan Contra Fund, an open-ended equity scheme that takes a contrarian approach: basically, it looks for good companies that most people are ignoring right now.
The fund's New Fund Offer (NFO) is open for signups from August 10 to August 24, and it's designed for investors seeking a differentiated equity strategy that can complement traditional growth and value allocations and may be suitable for long-term investors who can remain invested across market cycles.
CEO Vishal Kapoor outlines contrarian strategy
This fund focuses on strong companies whose stocks are undervalued because of current market negativity or sector-wide challenges.
As CEO Vishal Kapoor puts it, the idea is to leverage opportunities where other investors might be missing out, especially as these companies' fundamentals improve.
The goal is a disciplined contrarian investment framework with a growth bias, making this fund a fit for patient investors who want to ride out market ups and downs with a fresh strategy.