Established on March 13, 2000, Bandhan Mutual Fund stands as one of India's largest domestic mutual fund houses, boasting a significant presence in the sector with Assets under Management (AUM) totaling Rs. 1.18-lakh crore as of December 2022.
In April 2022, Bandhan, in collaboration with a consortium comprising Bandhan Financial Holdings Limited, GIC from Singapore, and ChrysCapital, acquired IDFC Asset Management Company. This acquisition led to the rebranding of IDFC Mutual Fund as Bandhan Mutual Fund in March 2023.
Despite its relatively recent entry into the financial landscape, Bandhan Mutual Fund has made a notable impact. The fund offers a diverse range of mutual fund schemes across debt, equity, hybrid, and other categories.
Guided by a team of seasoned fund managers, including Mr. Manish Gunwani, Daylynn Gerard Paul Pinto, Sachin Relekar, Nemish Sheth, Sumit Agrawal, Harshal Joshi, Viraj Kulkarni, Brijesh Shah, Gautam Kaul, and Suyash Choudhary, Bandhan Mutual Fund is well-positioned to cater to the investment needs of its clients.
How to invest in Bandhan Asset Mutual Fund schemes?
Investing in mutual funds is easy with Bajaj Finserv. If you are a new investor, follow the below steps. For customers who have invested with us, please skip directly to step 7.
Choose a mutual fund category and a scheme that suits your goals and click on Invest Now.
Sign into Bajaj Finserv to setup your mutual fund account.
Verify your details using your PAN, Name, DOB, and Email ID. If your KYC is not complete, you will have to upload your address proof and complete video KYC.
Enter your bank details.
Upload your signature and provide additional details to continue.
Choose whether you want to invest in SIP or lumpsum and enter the investment amount. Click on INVEST.
Choose your payment mode (net-banking, UPI, NEFT/RTGS) and make the payment.
Wait for 2-3 working days for your investment to reflect in your portfolio.
Documents required to invest in Bandhan Asset Mutual Fund
If you are an existing customer, no documents are required for investment. However, for new customers keep the following documents handy before investing:
What are the different types of mutual fund schemes?
The different types of mutual fund schemes are:
Equity Mutual Fund Scheme: Invests mostly in equity-related securities and instruments. Equity funds lets you invest in a diversified portfolio which is exposed to different sectors of the economy.
Debt Mutual Fund Scheme: Invests mostly in capital-appreciating fixed income assets such corporate and government bonds, corporate debt securities, money market instruments, etc.
Hybrid Mutual Fund Scheme: Invests in both equities and debt to strike a "balance" between income and growth. The regular income from the debt instruments gives the returns on such funds more stability.
What is SIP Calculator?
You can use a SIP calculator to calculate the returns on your SIP-based mutual fund investments. Using this calculator, you may estimate the returns on your monthly SIP investments. You really get a rough estimate of the maturity amount for each of your monthly SIPs based on an anticipated yearly return rate.
How to start Bandhan Mutual Fund SIP Online?
One can start investing in Bandhan Mutual Fund online through the Bajaj Finserv app without any hassles. Alternatively, they can also invest through the respective fund houses’ website.
How to calculate Bandhan Mutual Fund SIP?
You can calculate the potential returns on your SIP investments using the Bajaj Finserv SIP Calculator.
How to redeem Bandhan Mutual Fund?
If you have invested in a Bandhan Mutual Fund scheme through the Bajaj Finserv platform, you can easily redeem it through the Bajaj Finserv website or app.
How to increase SIP amount in Bandhan Mutual Fund?
If you have invested in a Bandhan Mutual Fund scheme through the Bajaj Finserv platform, you can easily increase your SIP amount through the Bajaj Finserv website or app.
How to stop a SIP in an Bandhan Mutual Fund online?
If you have invested in any Bandhan Mutual Fund scheme through the Bajaj Finserv platform, you can stop or cancel an SIP by logging into your account on the Bajaj Finserv platform and app without hassle.
Are Bandhan Mutual Fund's schemes tax-free?
You can get tax-benefits under section 80C by investing in ELSS mutual funds offered Bandhan Mutual Fund.
How can I get the Bandhan Mutual Fund statement?
If you have invested in any Bandhan Mutual Fund scheme through the Bajaj Finserv platform, you can get your statement online on the Bajaj Finserv website or app.
Disclaimer:
Bajaj Finance Limited ("BFL") is registered with the Association of Mutual Funds in India ("AMFI") as a distributor of third party Mutual Funds (shortly referred as 'Mutual Funds) with ARN No. 90319
BFL does NOT:
(i) provide investment advisory services in any manner or form:
(ii) carry customized/personalized suitability assessment:
(iii) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on As-is basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme/Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities forming part of the Mutual Fund. The NAV will inter-alia be exposed to Price/Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other/better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc, and shall also consult their Professional advisors, if they are unsure about the suitability of the scheme before investing.
Disclosure: Bajaj Finance Limited (BFL) is a distributor of Mutual Funds with ARN - 90319 and distributes mutual funds of Bajaj Finserv Asset Management Limited (BFSAMC). BFL receives commission towards distribution of mutual fund products. BFSAMC is a group company of BFL, carrying business on arm’s length basis without any conflict of interest and in accordance with the prevailing law / regulation.