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Bandhan Mutual Fund

Bandhan Mutual Fund was set up on March 13, 2000. It is one of the largest Mutual Fund houses in India’s domestic market. In terms of Assets under Management (AUM), it is one of the largest players in the sector. As of March 2023, the fund house manages ​​assets worth Rs. 111,592.46 crores. 

April 2022 marked the acquisition of IDFC Asset Management Company by Bandhan along with a consortium. The consortium included Bandhan Financial Holdings Limited, Singapore's Sovereign Fund GIC, and ChrysCapital. Post the acquisition, the IDFC Mutual Fund was renamed Bandhan Mutual Fund in March 2023.

Despite being a relative newcomer, Bandhan Mutual Fund has managed to shake up the domestic financial system.

It currently offers 76 mutual fund schemes to its investors. These are diversified across debt, equity, hybrid, and other schemes.

Bandhan Mutual Fund is led by a team of experienced fund managers that includes Mr Manish Gunwani, Daylynn Gerard Paul Pinto, Sachin Relekar, Nemish Sheth, Sumit Agrawal, Harshal Joshi, Viraj Kulkarni, Brijesh Shah, Gautam Kaul, and Suyash Choudhary.

List of Bandhan Mutual Fund in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Bandhan Tax Advantage (ELSS) Fund
EquityVery High16.8%5₹5,160
Bandhan ELSS Tax Saver Fund
EquityVery High40.4%5₹5,976
Bandhan Sterling Value Fund
EquityVery High45.1%4₹8,161
Bandhan Large Cap Fund
EquityVery High38.6%4₹1,329
Bandhan Banking & PSU Debt Fund
DebtModerate7.6%4₹14,537
Bandhan Core Equity Fund
EquityVery High51.9%3₹3,723
Bandhan Hybrid Equity Fund
HybridVery High27.9%3₹687
Bandhan Nifty 50 Index Fund
OtherVery High28.1%3₹1,128
Bandhan Equity Savings Fund
HybridLow to Moderate12.4%3₹98
Bandhan Asset Allocation Conservative Fund
OtherModerately High14.2%3₹6
Bandhan Arbitrage Fund
HybridLow8.3%3₹5,373
Bandhan Money Manager Fund
DebtLow to Moderate7.7%3₹3,947
Bandhan Corporate Bond Fund
DebtLow to Moderate7.5%3₹13,916
Bandhan Floating Rate Fund
DebtLow to Moderate7.6%3₹204
Bandhan Liquid Fund
DebtLow to Moderate7.3%3₹11,186
View All

Key information about Bandhan Asset Management Company Limited.

Mutual fund nameBandhan Mutual Fund
Asset management company nameBandhan Asset Management Company Limited.
AMC Setup DateMarch 13, 2000
AMC Incorporation DateDec 20, 1999
Sponsor nameBandhan Financial Holdings Limited
Trustee organisationBandhan Mutual Fund Trustee Limited
ChairmanMs. Veena Mankar
MD and CEOMr. Vishal Kapoor
Investor Service OfficerMs. Neeta Singh

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How can you invest in Bandhan Mutual Fund?

Investing in Bandhan Mutual Fund is easy when you have an account with Groww, one of the largest online investing platforms. Here are the steps to invest in the best Bandhan Mutual Funds online.

Step 1: Log in to your personal Groww account by providing your user ID and password. If you do not have a Groww account, you can easily register for one.

Step 2: You must now upload your identification documents similar to any financial establishment’s KYC norms. Accepted documents include a passport, a valid Driving license, PAN, an Aadhaar Card, or any form of identification issued by either the Central or State Government.

Step 3: Upload documents validating your address. Accepted documents in this section include any document that lists your permanent residence.

Step 4: Select the appropriate period of investment.

Step 5: Select your preferred risk level. Choose from high, low or medium. High-risk Mutual Funds usually have better returns but are also more susceptible to market volatility.

Step 6: You can now select the best Bandhan Mutual Fund online via our website.

Step 7: If you are looking to invest a lump-sum amount for a longer term, you can select the “Invest one-time” option. Alternatively, you can choose the option to “Start SIP.” You can choose from a wide range of plans from our secure website.

That sums up the process of your investment. The Bandhan Mutual Fund you choose to invest in will reflect in your Groww account in 3-4 working days.

Top Fund Managers

Mr Manish Gunwani

Mr Manish Gunwani, a B.Tech. and PGDM, is a skilled fund manager who previously served as the fund manager of Nippon India Mutual Fund and ICICI Prudential Mutual Fund. He even was a lead Analyst at Lehman Brothers, Brics Securities, Vicisoft Technologies, etc.

Mr Daylynn Gerard Paul Pinto

Mr Daylynn Gerard Paul Pinto holds Post Graduate Diploma in Management (PGDM) and Bachelor’s degree in Commerce. With an experience of over 12+ years in the mutual fund segment, he has led the fund management team of UTI as well.

Mr Sachin Relekar

Mr Sachin Relekar is a proficient fund manager who previously worked with renowned AMCs like Tata AMC, LIC Mutual Fund, CD Equity Search, Innovision Consulting, etc.

He is an MMS(Finance) and also a B.E (Mechanical) from K.E.S. College of Engineering Islampur.

Mr Nemish Sheth

Mr Nemish Sheth previously worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.

He is a PGDM (Finance) and a Bachelor of Commerce as well.

Mr Sumit Agrawal

Mr Sumit Agrawal is an experienced fund manager. He has previously worked in multiple roles, some of the prominent ones of which include - Fund Manager of Mirae Asset Mutual Fund, Vice President – Research Analyst at Axis Capital, and JP Morgan India Services Pvt. Ltd. as Team Leader & Research Analyst.

He is a Post Graduate Diploma in Management (PGDM) in Finance, Company Secretary affiliated with the Institute of Company Secretaries of India, has a Bachelor's Degree in Commerce and is a Chartered Financial Analyst (USA).

Mr Harshal Joshi

Mr Harshal Joshi has an experience of over 9 years in the Mutual Fund industry. He has worked with IDFC AMC since December 2008 in the Fixed Income Investment segment.

He has a Masters's Degree in Commerce and PGDBM (N.L. Dalmia Institute of Management Studies and Research).

Mr Viraj Kulkarni

Mr Viraj Kulkarni previously was in the Fund management team while he worked at Franklin Templeton Asset Management (India) Pvt. Ltd., Goldman Sachs Services India, Wealth Management Technology, etc.

He has a Bachelor’s degree in Technology (Electronics) and a PGDM (Finance). He is also a qualified CFA.

Mr Brijesh Shah

Mr Brijesh Shah holds a Post Graduate Diploma in Finance and carries over 10+ years of experience in the Fixed Income market. Prior to Bandhan Mutual Fund, he was a part of Mata Securities, Twenty-First Century, IDBI Asset Management Ltd., etc.

Mr Gautam Kaul

Mr Gautam Kaul is an MBA in Finance from Pune University. He has over 15 years of experience in the finance segment. His work portfolio includes his association with fund houses like Invesco, IDBI Asset Management, Sahara, etc.

Mr Suyash Choudhary

Mr Suyash Choudhary did a Bachelor's Degree of Arts (Hons) in Economics from Delhi University and Post Graduate Diploma in Management from the Indian Institute of Management, Calcutta.

He has over 16 years of experience in Fixed Income Investments. He was a leading member of several leading AMCs like Standard Chartered Asset Management Co. Pvt. Ltd., HSBC AMC, Deutsche Bank AG, etc.

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Bandhan Tax Advantage (ELSS) Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 28.88% & 18.62%. The Bandhan Tax Advantage (ELSS) Fund comes under the Equity category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Tax Advantage (ELSS) Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹5,160Cr
1Y Returns16.8%

Bandhan ELSS Tax Saver Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 23.7% & 22.69%. The Bandhan ELSS Tax Saver Fund comes under the Equity category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹5,976Cr
1Y Returns40.4%

Bandhan Sterling Value Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 28.55% & 23.71%. The Bandhan Sterling Value Fund comes under the Equity category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Sterling Value Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹8,161Cr
1Y Returns45.1%

Bandhan Large Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.8% & 17.65%. The Bandhan Large Cap Fund comes under the Equity category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Large Cap Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹1,329Cr
1Y Returns38.6%

Bandhan Banking & PSU Debt Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.48% & 7.46%. The Bandhan Banking & PSU Debt Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Banking & PSU Debt Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹14,537Cr
1Y Returns7.6%

Bandhan Core Equity Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.75% & 22.11%. The Bandhan Core Equity Fund comes under the Equity category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Core Equity Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹3,723Cr
1Y Returns51.9%

Bandhan Hybrid Equity Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.36% & 15.79%. The Bandhan Hybrid Equity Fund comes under the Hybrid category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Hybrid Equity Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹687Cr
1Y Returns27.9%

Bandhan Nifty 50 Index Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 15.86% & 16.45%. The Bandhan Nifty 50 Index Fund comes under the Other category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Nifty 50 Index Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹1,128Cr
1Y Returns28.1%

Bandhan Equity Savings Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.24% & 8.95%. The Bandhan Equity Savings Fund comes under the Hybrid category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Equity Savings Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹98Cr
1Y Returns12.4%

Bandhan Asset Allocation Conservative Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.85% & 8.32%. The Bandhan Asset Allocation Conservative Fund comes under the Other category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Asset Allocation Conservative Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹6Cr
1Y Returns14.2%

Bandhan Arbitrage Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6% & 5.79%. The Bandhan Arbitrage Fund comes under the Hybrid category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Arbitrage Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹5,373Cr
1Y Returns8.3%

Bandhan Money Manager Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.52% & 5.81%. The Bandhan Money Manager Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Money Manager Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹3,947Cr
1Y Returns7.7%

Bandhan Corporate Bond Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.41% & 6.86%. The Bandhan Corporate Bond Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Corporate Bond Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹13,916Cr
1Y Returns7.5%

Bandhan Floating Rate Fund Direct Growth

Fund Performance: The Bandhan Floating Rate Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Floating Rate Fund is ₹1,000 and for SIP, it is ₹100.

Min Investment Amt₹1,000
AUM₹204Cr
1Y Returns7.6%

Bandhan Liquid Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.34% & 5.17%. The Bandhan Liquid Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Bandhan Liquid Fund is ₹100 and for SIP, it is ₹100.

Min Investment Amt₹100
AUM₹11,186Cr
1Y Returns7.3%

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