Bandhan Mutual Fund
Bandhan Mutual Fund started its business on March 13, 2000. It is among the largest mutual fund houses in India's domestic market. On the Assets under Management (AUM) side, it is a top player.
It has assets of 1,37,193.31 crores as of 31st March 2024.
In April 2022, Bandhan, in partnership with GIC from Singapore and ChrysCapital, acquired the IDFC Asset Management Company. After that, in March 2023, the name of IDFC Mutual Fund was changed to Bandhan Mutual Fund.
Bandhan can be a new name for mutual funds, but it is already doing very well in the Indian financial market.
It has 76 mutual fund schemes across equity, debt, hybrid, and other sectors as of now.
Bandhan Mutual Fund Important Fund Managers
Mr Manish Gunwani – B.Tech, PGDM; Former ICICI Prudential, Nippon India Mutual Fund.
Mr Daylynn Gerard Paul Pinto – PGDM, B.Com; over 12 years of experience, former UTI AMC.
Mr Sachin Relekar – MMS (Finance), B.E. (Mechanical); former Tata AMC, LIC MF.
Mr Nemish Sheth – PGDM (Finance), B.Com; Ex-Nippon Life India AMC, ICICI Prudential AMC.
Mr Sumit Agrawal – PGDM (Finance), CFA (USA), CS, B.Com; Ex-Mirae Asset, Axis Capital, JP Morgan.
Mr Harshal Joshi – M.Com, PGDBM; over 9 years in fixed income, ex-IDFC AMC.
Mr Viraj Kulkarni – B.Tech, PGDM, CFA; ex-Franklin Templeton, Goldman Sachs.
Mr Brijesh Shah – PG Diploma in Finance; over 10 years in fixed income, ex-IDBI AMC.
Mr Gautam Kaul – MBA (Finance); 15+ years of experience in fund management, formerly with Invesco and IDBI AMC.
Mr Suyash Choudhary – BA (Economics), PGDM (IIM Calcutta); 16+ years' experience in debt funds, former HSBC, Deutsche Bank.
Important Information About Bandhan Asset Management Company Limited
Mutual Fund name | Bandhan Mutual Fund |
Asset management company name | Bandhan Asset management company Limited |
AMC Setup Date | 13th March, 2000 |
AMC Incorporation Date | 20th December, 1999 |
Sponsor name | Bandhan Financial Holdings Limited |
Trustee organisation | Bandhan Mutual Fund Trustee Limited |
Chairman | Ms. Veena Mankar |
MD & CEO | Mr. Vishal Kapoor |
Investor Service Officer | Ms. Neeta Singh |
How to Invest in Bandhan Mutual Fund
Investing in Bandhan Mutual Fund is simple. Just follow the steps:
Open an investment account in any online or offline mode.
Fill KYC by uploading ID proof (Aadhaar, PAN, passport, driving licence, etc.).
Upload address proof such as Aadhaar, voter ID, or electricity bills.
Choose the investment horizon – short term or long term.
Choose your risk level – High, medium, or low.
Choose an appropriate Bandhan Mutual Fund scheme as per your requirements.
Choose investment mode – One-time (lump sum) or recurring (SIP).
Subsequently, the investment shall reflect in your account within 3- 4 working days.
Popular Bandhan Mutual Fund Schemes
Here are some of the top schemes and their details:
Fund Name | Category | 3-Year Returns | 5-Year Returns | Min. Investment |
Bandhan Small Cap Fund Direct Growth | Equity | 30.01% | 32.08% | 1,000 (SIP 100) |
Bandhan Large & Mid Cap Fund Direct Growth | Equity | 24.31% | 26.76% | 1,000 (SIP 100) |
Bandhan Midcap Fund Direct Growth | Equity | NA | NA | 1,000 (SIP 100) |
Bandhan Focused Fund Direct Growth | Equity | 18.58% | 18.47% | 1,000 (SIP 100) |
Bandhan Value Fund Direct Growth | Equity | 17.60% | 27.76% | 1,000 (SIP 100) |
Bandhan Large Cap Fund Direct Growth | Equity | 16.61% | 19.19% | 1,000 (SIP 100) |
Bandhan ELSS Tax Saver Fund Direct Growth | Equity (Tax Saver) | 15.92% | 24.11% | 500 (SIP 500) |
Bandhan Equity Savings Fund Direct Growth | Hybrid | 8.56% | 9.07% | 1,000 (SIP 100) |
Bandhan Arbitrage Fund Direct Growth | Hybrid | 7.69% | 6.29% | 100 (SIP 100) |
Bandhan Corporate Bond Fund Direct Growth | Debt | 7.58% | 6.28% | 1,000 (SIP 100) |
Bandhan Banking & PSU Fund Direct Growth | Debt | 7.48% | 6.22% | 1,000 (SIP 100) |
Bandhan Infrastructure Fund Direct Growth | Equity | 26.49% | 33.93% | 1,000 (SIP 100) |
Bandhan Multi Cap Fund Direct Growth | Equity | NA | NA | 1,000 (SIP 100) |
Bandhan Aggressive Hybrid Fund Direct Growth | Hybrid | 16.27% | 19.24% | 1,000 (SIP 100) |
Bandhan Flexi Cap Fund Direct Growth | Equity | 14.84% | 19.50% | 1,000 (SIP 100) |
Frequently Asked Questions
Q1. Are the Bandhan Mutual Fund investments suitable for starters?
Yes, Bandhan Mutual Fund has schemes for every risk category. Beginners can start with SIP in large-cap or hybrid schemes.
Q2. What is the SIP minimum in Bandhan Mutual Fund?
The SIP minimum starts from 100, while ELSS funds start from 500.
Q3. Will investing in Bandhan Mutual Fund save tax?
Yes, tax saving under Section 80C of the Income Tax Act is facilitated by the Bandhan ELSS Tax Saver Fund.
Q4. For how long should I hold myself invested in Bandhan Mutual Fund?
Equity funds must have a tenure of 3–5 years. Debt funds must be held for a short to medium duration.
Q5. How do I choose the right Bandhan Mutual Fund scheme?
Dependent on your investment horizon, risk appetite, and investment duration. Equity is most suitable for long-term wealth generation, while debt and hybrid are safer bets for secure returns.
