List of Bandhan Mutual Fund in India for 2025
In the fiscal year ending March 2025, Bandhan Asset Management Company managed an average AUM of approximately ₹1.65 lakh cr, up about 18% year-on-year. With an equity share of around 42% and a market share of nearly 2.5%, Bandhan Mutual Fund is gaining ground in India’s mutual fund industry.
List of Bandhan Mutual Fund in India for 2025
| Name | AUM | NAV | Absolute Returns - 1Y | CAGR 3Y | CAGR 5Y | Expense Ratio | Exit Load | Volatility |
|---|---|---|---|---|---|---|---|---|
| Bandhan Liquid Fund | 18114.5 | 3256.9 | 6.7 | 7.1 | 5.8 | 0.1 | 0.0 | 0.1 |
| Bandhan Small Cap Fund | 17380.3 | 51.9 | 7.8 | 33.1 | 30.8 | 0.4 | 1.0 | 17.8 |
| Bandhan Corp Bond Fund | 15704.7 | 20.3 | 8.2 | 7.8 | 6.0 | 0.3 | 0.0 | 1.1 |
| Bandhan Money Market Fund | 14372.3 | 44.8 | 7.7 | 7.7 | 6.2 | 0.1 | 0.0 | 0.4 |
| Bandhan Banking and PSU Fund | 12963.5 | 25.9 | 7.9 | 7.6 | 6.0 | 0.4 | 0.0 | 0.9 |
| Bandhan Large & Mid Cap Fund | 11799.2 | 164.9 | 13.6 | 25.5 | 25.4 | 0.6 | 1.0 | 13.4 |
| Bandhan Bond Fund - Short Term Plan | 10766.5 | 62.8 | 8.5 | 8.0 | 6.2 | 0.3 | 0.0 | 1.1 |
| Bandhan Value Fund | 10302.0 | 173.7 | 7.1 | 19.6 | 26.5 | 0.7 | 1.0 | 12.1 |
| Bandhan Arbitrage Fund | 8747.6 | 36.0 | 7.0 | 7.8 | 6.4 | 0.4 | 0.3 | 0.8 |
| Bandhan Flexi Cap Fund | 7645.0 | 237.5 | 12.0 | 16.6 | 18.0 | 1.1 | 1.0 | 11.8 |
| Bandhan ELSS Tax Saver Fund | 7214.5 | 182.5 | 9.6 | 17.3 | 22.9 | 0.7 | 0.0 | 11.9 |
| Bandhan Low Duration Fund | 6868.3 | 40.6 | 7.7 | 7.5 | 6.0 | 0.3 | 0.0 | 0.4 |
| Bandhan CRISIL IBX Gilt June 2027 Index Fund | 6370.7 | 13.3 | 8.2 | 7.8 | 0.0 | 0.2 | 0.0 | 0.8 |
| Bandhan Ultra Short Duration Fund | 4451.9 | 15.8 | 7.3 | 7.4 | 5.9 | 0.3 | 0.0 | 0.3 |
| Bandhan CRISIL IBX Gilt April 2028 Index Fund | 4294.2 | 13.4 | 8.4 | 8.0 | 0.0 | 0.2 | 0.0 | 0.9 |
Disclaimer: Please note that the above list of Bandhan mutual funds is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Note: The data on the list of the best Bandhan funds is from 24th November 2025. This data is derived from the Tickertape Mutual Funds Screener.
- AMC: Bandhan AMC Limited
- Plan: Growth
- AUM: Sorted from highest to lowest
Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
Overview of Top Bandhan Mutual Funds
Bandhan Liquid Fund
Bandhan Liquid Fund belongs to the liquid category and primarily invests in short-term money market instruments with lower duration exposure. Its returns generally reflect short-term movements in the interest rate. The fund is usually used to park surplus money for shorter time frames, subject to regulatory limits, portfolio maturity, and liquidity conditions.
Bandhan Small Cap Fund
Bandhan Small Cap Fund focuses on companies classified as small-cap under SEBI’s market capitalisation rules. Performance depends on market cycles, earnings growth and small-cap valuation trends. These companies may experience higher volatility compared to larger peers. Portfolio allocation, diversification approach and sector exposure differ depending on the fund’s strategy and market environment.
Bandhan Corp Bond Fund
Bandhan Corporate Bond Fund allocates a significant portion of its portfolio to high-quality corporate debt securities as defined within its mandate. Returns depend on credit spreads, issuer quality and interest rate movements. Portfolio maturity, yield profile and bond selection may vary over time based on regulatory boundaries and prevailing market conditions.
Bandhan Money Market Fund
Bandhan Money Market Fund invests primarily in money market instruments with regulatory maturity limits. Outcomes depend on short-term interest rate trends and liquidity conditions in the debt market. Its portfolio composition may include treasury bills, commercial papers or certificates of deposit, depending on market opportunities and internal investment framework.
Bandhan Banking and PSU Fund
Bandhan Banking and PSU Fund focuses on debt securities issued by banks, public sector undertakings and related government-backed entities. Yield behaviour may be influenced by interest rate cycles and credit spreads in both the financial and public sectors. The risk profile depends on issuer quality, portfolio duration and macroeconomic factors.
Bandhan Large & Mid Cap Fund
Bandhan Large & Mid Cap Fund invests in companies classified as large-cap and mid-cap as per SEBI guidelines. Performance depends on equity market movement, sector allocation and valuation cycles across both categories. Bandhan mid cap fund may introduce relatively higher volatility, while large-caps may provide scale and established business profiles.
Bandhan Bond Fund – Short Term Plan
Bandhan Bond Fund Short Term Plan invests primarily in short-duration debt instruments. Interest rate fluctuations, yield curve positioning, and credit quality selection may influence portfolio outcomes. Duration strategy, issuer mix and regulatory exposure limits help define the fund’s characteristics and behaviour in changing fixed-income environments.
Bandhan Value Fund
Bandhan Value Fund follows a value-oriented investment style, focusing on companies perceived to be trading below their intrinsic or historical valuations. Returns may differ across market cycles depending on sentiment, earnings recovery and valuation re-rating trends. Sector exposure and portfolio turnover depend on evolving investment opportunities aligned with the value approach.
Bandhan Arbitrage Fund
Bandhan Arbitrage Fund generally uses cash-and-futures arbitrage opportunities across equity markets. Returns may reflect the spread between spot and derivative prices rather than the direction of the equity market. Portfolio behaviour depends on liquidity, volatility, and the availability of arbitrage. Tax treatment and structure place it within the hybrid category under SEBI classification.
Bandhan Flexi Cap Fund
Bandhan Flexi Cap Fund invests in companies across market capitalisations, including large, mid and small caps as defined by SEBI. Allocation flexibility allows exposure to different market segments based on prevailing themes and valuation conditions. Performance varies depending on equity cycles, stock selection and sector-level positioning over time.
Key Information About Bandhan Asset Management
| Metric | Value |
| Average AUM (AAUM) for FY 2024-25 | ₹ 1,64,640 cr |
| Q4 FY 2025 AAUM (end-period) | ₹ 1,67,196 cr |
| Equity share of AUM | ~42% |
| Market share in mutual fund industry (Q4 FY 25) | ~2.48% |
| Number of investor folios served | Over 2 mn |
| Geographic reach | Presence in 790+ cities & towns in India |
| Product suite | 60+ schemes across Mutual Funds & PMS platforms |
| CSR spend for FY 2023-24 | ₹ 36.81 mn |
| Revenue from operations (year ended 31 March 2024) | ₹ 3,845.65 mn |
| Profit before tax (year ended 31 March 2024) | ₹ 1,785.25 mn |
| Key change in company name | Name changed from IDFC Asset Management Company Limited to Bandhan AMC, effective 19 April 2023 |
How to invest in Bandhan Mutual Funds
You can easily start to invest in Bandhan mutual funds by following these steps:
- To invest in the best Bandhan mutual funds, you can visit a mutual fund investment platform such as smallcase.
- The next step is to research and identify Bandhan mutual funds that align with your financial goals. Tools like the Tickertape Mutual Fund Screener can help you filter and compare funds based on parameters such as returns, expense ratio, and fund size.
- Once you shortlist the funds, visit smallcase, log in, and search for the fund by name. You can then choose the investment mode and complete the process.
Top Fund Managers of Bandhan
Manish Gunwani
Manish Gunwani manages equity strategies at Bandhan AMC. His experience spans large-cap and flexi-cap equity investing across market cycles. His role involves oversight of equity research, portfolio construction, and risk monitoring across growth-focused equity schemes.
Daylynn Gerard Paul Pinto
Daylynn Gerard Paul Pinto manages equity portfolios at Bandhan AMC. His work focuses on stock selection backed by business fundamentals, competitive positioning and long-term earnings potential. He oversees diversified portfolios and follows a structured, research-driven investment process.
Sachin Relekar
Sachin Relekar manages equity strategies at Bandhan AMC. His approach focuses on detailed research, valuation discipline and sector analysis. He tracks business performance, management quality and market trends while constructing portfolios across diversified equity categories.
Nemish Sheth
Nemish Sheth manages passive and index-linked schemes at Bandhan AMC. His role includes ensuring index tracking accuracy, cost efficiency, rebalancing discipline and alignment with benchmark methodology across Bandhan’s index and factor-based fund offerings.
Sumit Agrawal
Sumit Agrawal manages equity portfolios at Bandhan AMC. His focus includes identifying companies with sustainable earnings visibility, strong governance and long-term growth potential. He uses research-based frameworks for sector allocation and stock selection.
Harshal Joshi
Harshal Joshi manages hybrid and equity-linked strategies at Bandhan AMC. His work involves combining equity exposure with debt components depending on scheme mandates. Research evaluation, risk assessment and fund allocation form key parts of his process.
Viraj Kulkarni
Viraj Kulkarni manages index and rules-based strategies at Bandhan AMC. His responsibilities include ensuring benchmark consistency, systematic rebalancing, and efficient execution. His role supports Bandhan’s passive fund ecosystem across equity categories.
Brijesh Shah
Brijesh Shah manages debt funds at Bandhan AMC. His focus includes duration management, credit quality evaluation and fixed-income research. He tracks interest rate movements, liquidity trends and macroeconomic indicators while managing debt strategies.
Gautam Kaul
Gautam Kaul manages multi-asset and hybrid mandates at Bandhan AMC. His work involves combining equity, debt and other asset classes based on market conditions and scheme guidelines. He relies on research-led frameworks and disciplined asset allocation models.
Suyash Choudhary
Suyash Choudhary leads fixed-income strategies at Bandhan AMC. His approach includes interest-rate strategy, credit research and macroeconomic assessment. He monitors market liquidity, inflation trends and yield curve dynamics across short and long-term debt products.
Taxation on Bandhan Mutual Funds
| Fund Category | Holding Period | Tax Rate | Notes |
| Equity Funds (minimum 65% equity allocation) | Less than 12 months | 15% STCG tax | Short-term capital gains apply on redemption before one year |
| 12 months or more | 10% LTCG tax on gains above ₹1 lakh | Gains up to ₹1 lakh in a financial year remain tax-exempt | |
| Debt Funds (less than 35% equity allocation) | Any holding period | Taxed as per investor’s income tax slab | All gains treated as short-term under the latest rules |
| Hybrid Funds (equity-oriented, holding equity ≥65%) | Less than 12 months | 15% STCG tax | Treated same as equity taxation |
| 12 months or more | 10% LTCG tax on gains above ₹1 lakh | Tax efficiency improves after one-year holding | |
| Hybrid Funds (debt-oriented, equity <35%) | Any holding period | Taxed as per tax slab | Treated same as debt taxation |
| International Funds (equity exposure outside India) | Any holding period | Taxed as per income tax slab | Categorised as debt for tax purposes |
| Index Funds / ETFs (domestic equity) | Less than 12 months | 15% STCG tax | Applies to equity index funds and equity ETFs |
| 12 months or more | 10% LTCG tax above ₹1 lakh | Same as equity taxation rules | |
| Gold ETFs / Fund of Funds | Any holding period | Taxed as per income tax slab | Treated similar to debt funds |
Documents Required To Invest in Bandhan Mutual Funds
To invest in the Bandhan mutual funds, the following documents are required:
- PAN Card Details (Mandatory)
- Personal Information – Full Name, Mobile Number, Email Address
- Address Proof – Aadhar Card is recommended, including both the front and back sides.
- Bank Account Details, along with a cancelled cheque if necessary.
- Nominee details and FATCA Declarations
Risks of Investing in Bandhan Mutual Funds
- Performance Variation across Schemes: Bandhan AMC offers equity, debt, and hybrid portfolios, and performance can vary by strategy and category. Some schemes may outperform benchmarks in certain phases, while others may lag depending on market conditions and portfolio positioning.
- Category-Specific Exposure: Schemes such as Bandhan Nifty India Defence Index Fund or Bandhan International offerings carry focused exposure. If the theme, sector or global market underperforms, the scheme returns may reflect that trend.
- Portfolio Duration and Rate Sensitivity in Debt Funds: Bandhan’s debt schemes with longer duration may experience sharper NAV movement during changing interest rate cycles. Funds positioned in lower-duration or liquid categories may react differently depending on rate movements and liquidity trends.
- Credit-Linked Exposure in Select Debt Funds: Some Bandhan debt schemes may hold corporate bonds. Credit events, rating changes or delayed repayments by issuers may influence NAV movement and short-term performance.
- Index-Tracking and Execution Gaps in Passive Funds: Bandhan index funds and ETFs may not always mirror their benchmarks exactly. Tracking error, rebalancing timelines and market execution impact the spread between fund returns and benchmark returns.
- Global Exposure Impact in International Offerings: International funds such as Bandhan Nasdaq 100 FoF reflect global equity behaviour. Currency fluctuations, global economic events and policy changes may influence fund performance.
Factors to Consider While Investing in Bandhan Mutual Funds
- Portfolio Turnover and Trade Discipline: Some Bandhan funds may run high or low turnover depending on their approach. Understanding turnover trends helps indicate whether the scheme runs a buy-and-hold mindset or an actively managed rotational strategy.
- Tracking Error for Passive Products: Investors in Bandhan index funds or ETFs can review tracking error and deviation frequency. Lower tracking error often reflects execution efficiency, rebalancing discipline and transaction cost control.
- Scheme Scale and AUM Stability: Larger AUM may help liquidity in some categories, while a smaller scale may offer flexibility in niche areas. Looking at flows into Bandhan schemes (inflow or outflow trends) provides a valuable perspective on investor behaviour and fund stability.
- Global Allocation Exposure (For International Funds): Bandhan international schemes may react to global policy changes, currency swings and overseas market sentiment. Reviewing region or index exposure helps understand sensitivity to international developments.
- Portfolio Concentration and Diversification: Some Bandhan schemes may hold concentrated sector weight, while others may remain broad-based. Evaluating concentration helps explain volatility levels and return dispersion across timeframes.
To Wrap Up…
Bandhan Mutual Fund offers schemes across equity, debt, hybrid and international categories. Each scheme has its own structure, portfolio mix, and risk profile, which may differ across market cycles. Performance history, cost structure and investment approach also vary from scheme to scheme. Investors can review and invest in Bandhan Mutual Fund schemes on smallcase after completing their own research or seeking guidance from a financial advisor.
Frequently Asked Questions About Bandhan Mutual Funds
The following are the best Bandhan Bank mutual funds based on 3-year CAGR
– Bandhan Small Cap Fund
– Bandhan Large & Mid Cap Fund
– Bandhan Multi Cap Fund
– Bandhan Value Fund
– Bandhan ELSS Tax Saver Fund
Disclaimer: This list is for informational purposes only and not for recommendation. Conduct your own research while investing in mutual funds.
Bandhan Mutual Fund schemes carry varying levels of risk depending on the asset class and structure. Equity schemes generally carry market-linked volatility, while debt and hybrid schemes may involve interest rate, credit or allocation-based risks.
Disclaimer: Mutual fund investments are subject to market risks. This response does not suggest suitability or safety. Investors should do their own research before investing.
Bandhan Mutual Fund was formerly known as IDFC Mutual Fund and was rebranded after the acquisition.
Bandhan MF is managed by Bandhan Asset Management Company Limited, which is majority owned by Bandhan Financial Holdings Limited, along with other stakeholders, including GIC and ChrysCapital.
Risks depend on the chosen scheme category. Equity schemes such as Bandhan financial services fund may experience market and sector volatility, debt schemes may face interest rate or credit-related risks, and hybrid schemes may reflect allocation-based fluctuations. Each scheme may have category-specific considerations.
Redemption is typically processed through the platform used for purchase, such as the AMC website, registered intermediaries or investment platforms. Schemes like Bandhan small cap fund direct growth may have specific exit loads or timelines depending on their terms and category.
Increasing an SIP amount typically requires modifying the existing SIP through the investment platform or creating a separate SIP with the revised contribution, depending on the platform and scheme rules.
Disclaimer: Processes may vary based on the platform or regulatory requirements. This is general information and not guidance.
SIP cancellation may be done through the platform where the SIP was created, such as the AMC portal, the registered intermediary, or the investment platform. Cut-off timelines may apply depending on the system and processing cycle.
