Bandhan Mutual Fund, previously known as IDFC Mutual Fund, has filed a draft proposal for its Fixed Maturity Plan (FMP) Series 209-211. These are close-ended debt schemes designed to deliver fixed income over specified timeframes. Let’s dive into the details.
The Bandhan FMP Series 209-211 targets investments in debt and money market instruments. The fund’s objective is to generate income within the portfolio’s tenure, ranging between 1 month and 192 months. As a close-ended scheme, it will only accept investments during the New Fund Offer (NFO) period and will subsequently be listed on the BSE for investor liquidity.
The schemes align investments with the portfolio’s maturity date, focusing on various risk and duration profiles. They are categorized under different Potential Risk Classes (PRC):
Depending on the series duration, the fund allocates:
The fund excludes certain high-risk securities such as derivatives, foreign instruments, and structured obligations.
The risk classification and benchmarks will depend on the tenure of the specific series. Indicative benchmarks include:
All in all, Bandhan MF’s Fixed Maturity Plan Series 209-211 provides an investment option tailored for those seeking fixed income aligned with defined timelines. The scheme balances risk across tenures, offering diversification within the debt market. Potential investors should review their financial goals and consult advisors to determine suitability.
Elevate your savings strategy with our easy-to-use SIP Return Calculator. See the impact of consistent investing. Your future self will thank you. Start planning today!
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Author:
...Know More
We're Live on WhatsApp! Join our channel for market insights & updates