Bandhan MF launches new retirement fund offer

Bandhan Mutual Fund has launched a new retirement fund offer ‘Bandhan Retirement Fund.’ The new fund offer will open on September 28, 2023, and close on October 12, 2023.

The Bandhan Retirement Fund to provide long-term capital appreciation by investing in a mix of equity, debt, and other instruments to help investors meet their retirement goals. The fund’s lock-in period of five years will encourage the investors to remain invested for a reasonably long period and reap the compounding benefit.

“Higher life expectancy, rising cost of living, and soaring healthcare inflation could squeeze investor savings, making it pertinent to plan for retirement. Investors looking for a retirement product that combines the benefits of diversification, tax efficiency, and the potential to beat inflation over the long term could consider investing in Bandhan Retirement Fund,” said Vishal Kapoor, CEO, Bandhan AMC Limited (Bandhan AMC).