Bandhan AMC Commences GIFT City Operations with the Launch of Three India Focused Funds
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#BandhanAMC3IndiaFocusedFunds
Bandhan India Large and Mid-Cap Fund (IFSC) – Will invest in the underlying 20-years old Bandhan Core Equity Fund of Bandhan Mutual Fund
Bandhan India Small Cap Fund (IFSC) – Will invest in the underlying 5-years old Bandhan Small Cap Fund of Bandhan Mutual Fund
Bandhan India Government Securities Fund (IFSC) – Will invest in the underlying 23-years old Bandhan Government Securities Fund – Investment Plan of Bandhan Mutual Fund
Mumbai/GIFT City: Bandhan AMC Limited, one of India’s leading asset managers with an AUM of ~USD 20 billion announced the launch of its operations at GIFT City through its IFSC Branch. International investors such as foreign nationals including, family offices, government institutions, corporate and institutional investors, pension funds, endowment funds, as well as non-resident Indians (NRIs), can now participate in the India growth story by investing in the equity oriented Bandhan India Large and Mid-Cap Fund or the Bandhan India Small Cap Fund. Alternatively, investors looking for a safer yet high-quality fixed income fund can choose to invest in Bandhan India Government Securities Fund. These funds also provide investors, who are looking for a tax efficient investment route, an opportunity to invest in funds with a well-established track record.
Vishal Kapoor, CEO, Bandhan AMC, highlighted, “Over the past few years, the share of long-term investors in the Indian market has risen at an impressive pace, with domestic investors using the mutual fund route for wealth creation and preservation. With the launch of our three India Focused Funds in Gift City, international investors who missed out on/ were on the sidelines of the India growth story, can now pick if they want to join the high growth equity markets or the safer Government backed securities market in India. Bandhan AMC’s 25-year long legacy and expertise in fund management endeavours to benefit investors from our deep understanding of the Indian market.”
Bandhan AMC has a long and strong performance track record and asset under management (AUM) in all the three underlying funds of Bandhan Mutual Fund (BMF).
Bandhan India Large and Mid-Cap Fund (IFSC) is a feeder fund that will invest in Bandhan Core Equity Fund, an open-ended equity scheme of BMF, that was launched on August 09, 2005, and w.e.f. January 28, 2023, is managed by Manish Gunwani, Head – Equity, Bandhan AMC. The underlying fund aims to invest in high growth/ quality stocks in sectors with higher than nominal GDP growth over the medium term, with a mix of thematic/ cyclicals and optional & value stocks. It had an AUM of USD 978 Million as of April 30, 2025.
Bandhan India Small Cap Fund (IFSC) is a feeder fund that will invest in Bandhan Small Cap Fund, an open-ended equity scheme of BMF, that was launched on February 25, 2020, and w.e.f. January 28, 2023, is managed by Manish Gunwani, Head – Equity, Bandhan AMC. The underlying fund takes exposure across many different sectors to control liquidity and fundamental risk. It had an AUM of USD 1.19 Billion as of April 30, 2025.
Bandhan India Government Securities Fund (IFSC) is a feeder fund that will invest in Bandhan Government Securities Fund – Investment Plan, an open-ended debt scheme of BMF, that was launched on March 09, 2002, and w.e.f. October 15, 2010, is managed by Suyash Choudhary, Head – Fixed Income, Bandhan AMC. It had an AUM of USD 361 Million as of April 30, 2025.