Bandhan Mutual Fund: 54 Schemes, Leadership & Top Funds
Bandhan Mutual Fund, formerly IDFC Mutual Fund, runs 54 schemes. See its leadership, key facts and top funds with returns and risk data.
Bandhan Mutual Fund, formerly IDFC Mutual Fund, is one of the largest mutual fund houses in India's domestic market, with 54 schemes. It is sponsored by Bandhan Financial Holdings Limited and led by MD and CEO Vishal Kapoor. This guide covers its history, key details and top 10 funds with returns and risk data.
Key takeaways
- Bandhan Mutual Fund was set up on 13 March 2000 and is one of the largest fund houses in India's domestic market by AUM.
- In April 2022, Bandhan Financial Holdings, Singapore's sovereign fund GIC and ChrysCapital acquired IDFC Asset Management Company as a consortium.
- IDFC Mutual Fund was renamed Bandhan Mutual Fund in March 2023.
- It runs 54 schemes, with Vishal Kapoor as MD and CEO.
- Its top 10 funds span debt, hybrid, equity and fund-of-funds categories.
What is Bandhan Mutual Fund?
Bandhan Mutual Fund was set up on 13 March 2000 and is one of the largest mutual fund houses in India's domestic market. Its incorporation date is listed as 20 December 1999.
How did IDFC Mutual Fund become Bandhan Mutual Fund?
In April 2022, Bandhan acquired IDFC Asset Management Company along with a consortium that included Bandhan Financial Holdings Limited, Singapore's sovereign fund GIC and ChrysCapital. After the acquisition, IDFC Mutual Fund was renamed Bandhan Mutual Fund in March 2023. Despite being a relative newcomer under this name, it has managed to shake up the domestic financial system.
Bandhan Mutual Fund: key information
| Field | Detail |
|---|---|
| Number of schemes | 54 |
| Incorporation date | Dec 20, 1999 |
| Sponsors | Bandhan Financial Holdings Limited |
| Trustee organisation | Bandhan Mutual Fund Trustee Limited |
| MD | Mr. Vishal Kapoor |
| CEO | Mr. Vishal Kapoor |
Top 10 Bandhan Mutual Funds ranked by Invo Wealth's internal score
These are Bandhan's top 10 funds, ranked by Invo Wealth's internal fund-quality score. The score itself is not shown, only the return and risk numbers behind it. A "--" means the fund has not completed that period or the data is unavailable.
Returns across 6 months to 5 years
Performance data as of 5 September 2026.
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Bandhan Medium to Long Term Fund | Medium to Long Duration Fund | 6.93% | 6.09% | 7.29% | 5.99% |
| Bandhan Large & Mid Cap Fund | Large & Mid Cap Fund | 11.84% | 6.41% | 17.30% | 15.84% |
| BANDHAN Small Cap Fund | Small Cap Fund | 43.77% | 13.52% | 23.68% | 18.70% |
| BANDHAN LARGE CAP FUND | Large Cap Fund | 5.47% | 2.85% | 12.48% | 9.69% |
| BANDHAN TRANSPORTATION AND LOGISTICS FUND | Sectoral/Thematic Fund | 14.97% | 7.30% | 18.58% | -- |
| Bandhan Gilt Fund | Gilt Fund | 9.89% | 7.10% | 7.32% | 5.72% |
| Bandhan Aggressive Hybrid Fund | Aggressive Hybrid Fund | 13.44% | 8.19% | 13.35% | 10.56% |
| BANDHAN Infrastructure Fund | Sectoral/Thematic Fund | 11.57% | -1.39% | 14.24% | 15.31% |
| Bandhan US specific Equity Active FOF | Fund of Funds (FoF) | 21.26% | 10.35% | 21.83% | 13.85% |
| Bandhan Banking and PSU Debt Fund | Banking & PSU Fund | 6.65% | 5.69% | 6.90% | 5.93% |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Risk and consistency metrics
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| Bandhan Medium to Long Term Fund | INF194K01HF5 | 5.86% | 1.25% | -0.60% | 0.38 |
| Bandhan Large & Mid Cap Fund | INF194K01524 | 21.54% | 17.20% | -18.36% | 0.81 |
| BANDHAN Small Cap Fund | INF194KB1AJ8 | 26.82% | 21.21% | -23.00% | 1.07 |
| BANDHAN LARGE CAP FUND | INF194K01516 | 14.70% | 16.08% | -18.35% | 0.48 |
| BANDHAN TRANSPORTATION AND LOGISTICS FUND | INF194KB1EE1 | 24.47% | 19.37% | -25.55% | 0.85 |
| Bandhan Gilt Fund | INF194K01DZ2 | 5.48% | 4.30% | -4.23% | 0.11 |
| Bandhan Aggressive Hybrid Fund | INF194KA1U15 | 14.56% | 14.20% | -13.93% | 0.61 |
| BANDHAN Infrastructure Fund | INF194K01BY9 | 27.06% | 23.19% | -29.31% | 0.42 |
| Bandhan US specific Equity Active FOF | INF194KB1CC9 | 19.94% | 24.30% | -22.66% | 0.84 |
| Bandhan Banking and PSU Debt Fund | INF194K01SN6 | 5.85% | 1.12% | -0.56% | -0.14 |
Note how risk varies by category: the Bandhan Banking and PSU Debt Fund shows volatility of 1.12%, while the Bandhan US specific Equity Active FOF shows 24.30%. Sortino ratio measures return relative to downside risk, so compare it within a category.
How to invest in Bandhan Mutual Fund
You can invest online through the fund house's website or a platform of your choice. Sign up on Invo Wealth, get complete portfolio insights and start investing in mutual funds that actually suit you.
Conclusion
Bandhan Mutual Fund combines the legacy of IDFC Mutual Fund with the Bandhan brand, offering 54 schemes under MD and CEO Vishal Kapoor. Review each fund's returns, volatility and drawdown against your goals before investing.
Frequently asked questions
How do I start an SIP in Bandhan Mutual Fund online?
You can start an SIP online through Invo Wealth, or through the fund house's website or any other online platform or mobile app. Choose a scheme, set the amount and start.
How do I calculate a Bandhan Mutual Fund SIP?
An SIP calculation depends on your investment amount, the SIP tenure, the number of instalments already paid and the expected interest rate.
How do I redeem a Bandhan Mutual Fund investment?
Offline, you can visit the nearest fund house office and submit a form. Online, sign in with your folio number on the official website or use the portal where you invested.
Can I increase my Bandhan Mutual Fund SIP amount?
Yes, a step-up or top-up SIP lets you raise the amount. Most fund houses offer it now, but check with the fund house first and use a step-up calculator before deciding.
How do I stop a Bandhan Mutual Fund SIP online?
Place a Cancel SIP request at any time. You can do this by logging in to the fund house's website with your folio number, contacting your agent, or using the platform where you invested.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).