Bandhan Mutual Fund launches Bandhan Innovation Fund

Bandhan Mutual Fund launches Bandhan Innovation Fund

Source:Mint

Bandhan Mutual Fund announced the launch of the Bandhan Innovation Fund, an open-ended equity scheme following a sectoral or thematic theme.

The scheme opened for public subscription on April 10, 2024, and will close on April 24, 2024. The scheme will re-open for ongoing subscription and redemption within five business days from the date of allotment of units.

Leave a Reply Cancel reply

What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
In Budget 2025, Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax rebate, not a full exemption, effectively reducing tax liability to zero for those within this income range.
Are small cap funds still risky for investors? This is what latest stress test shows. Should you invest?
All mutual fund houses are supposed to disclose the results of stress test for their small and mid-cap schemes since March 2024.
Income Tax: ITR(U) filing deadline extended to 48 months–Key details you need to know
Income Tax: Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The provision of ITR(U) was introduced in Budget 2022
Can students get a credit card? Here’s what you need to know
Various student credit cards are available with no or low fees, but students must understand financial literacy to avoid debt. It's important to create a budget and pay on time, as credit cards can be risky for those with no income or credit history.
New credit card? Here’s how to activate it via net banking, app, and more
Activating a credit card is crucial for safe transactions. Responsible usage is key to avoid high interest rates and debt. Always pay bills on time and monitor spending. Activation requires setting up a PIN, which can be done via mail or online banking.
Irdai caps annual premium hike for senior citizens at 10% annually—what it means for policyholders
Irdai has capped annual increases at 10%. While this ensures predictability for policyholders, experts warn of potential challenges, including stricter underwriting and claim settlements.
Budget 2025: How the new tax rules will impact ULIP investments—Key changes you need to know
The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other investment options like mutual funds. This change promotes fairness, simplifies tax compliance, and aids investors in making informed financial decisions.
How will my annuity be taxed if I live in Portugal on a Golden Visa?
Since NPS annuity income is not directly covered by any particular article in the India-Portugal DTAA, it falls under Article 22 – ‘Other Income’.
Investing via UPI: Daily transaction limit to be raised to ₹5 lakh from ₹2 lakh, says Sebi
The daily transaction limit currently stands at ₹2 lakh. This new limit will also be subject to further evaluations from time to time in consultation with NPCI.
How to add a credit card to PhonePe? A step-by-step guide
Linking your credit card to PhonePe allows for safe online purchases and smoother transactions. However, credit cards can lead to high-interest debt and affect credit scores if mismanaged. They offer convenience but require responsible use to avoid overspending.

Bandhan Mutual Fund launches Bandhan Innovation Fund

Leave a Comment

Leave a Reply Cancel reply