Originally established as the asset management arm of IDFC Limited, IDFC Mutual Fund grew to be one of India's top 10 asset managers. It provided a diverse portfolio of investment products across equity, debt, and hybrid asset classes to retail and institutional investors. In 2023, a consortium led by Bandhan Financial Holdings Limited (BFHL), GIC, and ChrysCapital completed the acquisition of IDFC Asset Management Company. Following the acquisition, the entity was renamed and now operates as Bandhan Mutual Fund, continuing the business of managing investor capital through various mutual fund schemes.

Founded in

India