Description
BSE announces activation of SMART Switch feature for Bandhan Healthcare Fund NFO schemes on the StAR MF platform.
Summary
BSE has activated the SMART Switch feature for Bandhan Healthcare Fund New Fund Offer (NFO) schemes on the BSE StAR MF platform. This feature enables investors to switch between the Bandhan Healthcare Fund NFO and Bandhan Overnight Fund for both Regular and Direct plans with Growth options.
Key Points
- SMART Switch feature activated for Bandhan Healthcare Fund NFO
- Two schemes available: Regular Plan-Growth and Direct Plan-Growth
- Switch facility links to Bandhan Overnight Fund
- Available on BSE StAR MF platform
Schemes Available
- BANDHAN HEALTHCARE FUND - NFO SMART SWITCH - BANDHAN OVERNIGHT FUND REGULAR PLAN-GROWTH
- BANDHAN HEALTHCARE FUND - NFO SMART SWITCH - BANDHAN OVERNIGHT FUND DIRECT PLAN-GROWTH
Impact Assessment
This is a routine operational update that provides additional investment flexibility for investors subscribing to Bandhan Healthcare Fund NFO. The SMART Switch feature allows seamless switching between the healthcare fund and overnight fund, providing liquidity management options during the NFO period. Impact is limited to investors using BSE StAR MF platform for Bandhan Mutual Fund schemes.
Impact Justification
Routine platform feature activation for mutual fund NFO. Affects only investors interested in specific Bandhan Healthcare Fund schemes with switch facility.