Investment Objective
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL-IBX 10:90 Gilt + SDL Index Dec 2029 before expenses, subject to tracking errors. However, there is no assurance or guarantee that the investment objectives of the scheme will be realized and the scheme does not assure or guarantee any returns
| Fund Overview | |
| Exit Load | No charges for withdrawal |
| Min. SIP Amount | ₹ 100 |
| Min. LumpSum Amount | ₹ 1000 |
| Launch Date | 25th Feb 2025 |
| End Date | 5th Mar 2025 |
| Allotment Date | 10th Mar 2025 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 |
| Risk | Moderate |
| Scheme Category | Other , Index Fund |
| Fund Manager | Brijesh Shah |
| AMC Name | Bandhan Asset Management Company Ltd |
| RTA | Computer Age Management Services (CAMS) |
| Total AUM | ₹ 168,301.31 cr |
| Total Schemes | 64 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Bandhan Mutual Fund
Bandhan Mutual Fund’s history traces back to 2000 when it was founded as ANZ Grindlays Mutual Fund. In 2001, Standard Chartered Bank consolidated with ANZ Grindlays and rebranded the AMC as Standard Chartered India Mutual Fund. During this period, the fund managed assets worth Rs. 14,141 crore.
In March 2008, Standard Chartered Bank’s mutual fund segment was taken over by the Infrastructure Development Finance Company (IDFC). The deal was closed by paying $205 million (Rs 830 crore).
In order to promote financial literacy and make people aware of mutual funds, Bandhan AMC started the “SIP in Fixed Income” (SIFI) campaign in 2020 to raise awareness about the benefits of investing in fixed-income products through Systematic Investment Plans.
2022 was a significant year for this AMC. In December, a consortium, including Bandhan Financial Holdings Limited (BFHL), GIC, and ChrysCapital, acquired IDFC Mutual Fund for Rs 4,500 crores. After this acquisition, the fund was rebranded as Bandhan Mutual Fund.
Bandhan MF’s offerings span fixed-income and equity-oriented funds. Let’s look at the schemes under different categories:
You can explore more Mutual Funds offered by Bandhan Mutual Fund here
Happy Investing,
Saurav Parui.