Hyderabad: Old Bridge Mutual Fund launches first NFO

Hyderabad: Old Bridge Mutual Fund, sponsored by Old Bridge Capital Management Private Limited, entered India’s mutual fund industry with the launch of its first offering of new fund (NFO) shares: ‘Old Bridge Focused Equity Fund’. According to a press release, the indefinite capital investment scheme aims to provide investors a unique opportunity to participate in the growth potential of carefully selected companies. The NFO is open for subscription from January 17 to 19. Investor minimum Rs. One can participate with investment SIP. 2500 and in multiples of Rs. Since 1. The minimum amount for investment of Global Fund is Rs. 5.000. According to the release, the scheme will be compared to S&P BSE 500 TRI. The fund will be managed by experienced investment professionals, Kenneth Andrade and Sr. Tarang Agarwal, who will leverage their combined experience and knowledge to navigate dynamic market conditions.