MF News IDFC MF is now Bandhan Mutual Fund

IDFC MF is now Bandhan Mutual Fund

All schemes will be renamed with effect from March 13.

Team Cafemutual Mar 11, 2023

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IDFC Mutual Fund has now become Bandhan Mutual Fund.

With this, all existing schemes of IDFC Mutual Fund will be renamed. For instance, IDFC Multi Cap Fund will become Bandhan Multi Cap Fund.

Earlier in November, SEBI gave approval to a consortium led by Bandhan Financial Holdings, the promoter of Bandhan Bank to complete the acquisition.

IDFC MF is the ninth largest fund house in India with an average AAUM of Rs. 1.20 lakh crore in the December quarter.

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