Bandhan Mutual Fund today announced the launch of the Bandhan Contra Fund, an open-ended equity scheme following a contrarian investment strategy that seeks to identify fundamentally strong businesses that may be temporarily out of favour due to sector-wide concerns, cyclical challenges, macroeconomic uncertainties or prevailing market sentiment, with the potential for re-rating as perceptions and fundamentals improve over time.
The new fund offer or NFO of the fund is open for subscription and will close on August 24.
