Listen to this article
Bandhan AMC has announced the beginning of its GIFT City operations with the launch of three India focused feeder funds. These funds include Bandhan India Large and Mid-Cap Fund (IFSC), Bandhan India Small Cap Fund (IFSC) and Bandhan India Government Securities Fund (IFSC).
The AMC, in a press release said that these funds provide NRIs and foreign nationals 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, said, “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 these funds, 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 India Large and Mid-Cap Fund (IFSC) is a feeder fund that will invest in Bandhan Core Equity Fund. This is an open-ended scheme which was launched on August 09, 2005. This fund is managed by Manish Gunwani, Head – Equity, Bandhan AMC. This scheme had an AUM of USD 995 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. It was launched on February 25, 2020. Manish Gunwani manages this scheme also and it had an AUM of USD 1.21 Billion as of April 30, 2025.
Apart from that, Bandhan India Government Securities Fund (IFSC) is a feeder fund that will invest in Bandhan Government Securities Fund – Investment Plan. It is an open-ended debt scheme of BMF, that was launched on March 09, 2002.
Suyash Choudhary, Head – Fixed Income, Bandhan AMC manages this fund and it had an AUM of USD 367.6 Million as of April 30, 2025.
Elevate your Passive investing game only at Cafemutual Passives Conference 2025 by registering here!
To know more about Cafemutual Passives Conference 2025, click here!