NFO Update: Bandhan Mutual Fund launches CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

Bandhan Mutual Fund has announced the launch of the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund designed to provide investors with a structured short-term fixed-income investment opportunity.

The new fund offer or NFO of the scheme will open for subscription on March 6 and will close on March 11.

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The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds issued by leading banks, NBFCs, and financial institutions. With a systematic roll-down strategy from 6 months to 3 months, the fund aims to capture short-term yield advantages while maintaining liquidity and minimising interest rate risk, according to a press release by the fund house.

“Fixed-income investments, particularly short-duration debt, provide a structured approach to navigating market fluctuations while preserving capital. The financial services sector—comprising banks, NBFCs, and financial institutions—has remained resilient, supported by strong capital buffers, low NPAs, and steady credit growth,” said Vishal Kapoor, CEO, of Bandhan AMC.

“This creates a compelling opportunity to access high-quality, AAA-rated debt instruments with attractive yields. Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund systematically captures these advantages, offering a transparent, cost-effective, and liquid investment solution that is well-suited to today’s market conditions,” he added.

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The Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund aims to leverage the roll-down strategy by investing in CDs, CPs, and bonds within the 3-6 months maturity, capitalising on strong demand for short-term securities. This approach makes it an appealing option for investors looking to generate potential income through exposure to shorter-maturity instruments on the yield curve, said the release.

The scheme is suitable for investors who are seeking income through exposure over the shorter-term maturity instruments and want investments in an open-ended constant maturity index fund that seeks to track Crisil-IBX Financial Services 3-6 months debt index. The principal invested in the fund will be at low-to-moderate risk according to the riskometer of the scheme