NAV : ₹ 17.849 as of 26 December, 2024
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Exit load of 1%, if redeemed within 1 year.
Nishita Shah
May 2023 - Present
Harshal Joshi
Oct 2022 - Present
Sachin Relekar
Mar 2022 - Present
Ritu Modi
Nov 2022 - Present
Ritika Behera
Oct 2023 - Present
Harsh Bhatia
Feb 2024 - Present
Bandhan Mutual Fund
Total AUM: 134083.63Cr
Bandhan Asset Management Company Limited oversees the operations of Bandhan Mutual Fund. In April 2022, a consortium, comprised of Bandhan Financial Holding (60%), ChrysCapital (20%), and Singapore's Sovereign Fund GIC (20%), successfully acquired IDFC Asset Management Company. Following this acquisition, IDFC Mutual Fund underwent rebranding and emerged as Bandhan Mutual Fund in March 2023.
Originally established in 2000, IDFC Asset Management Company had achieved a notable milestone by 2020, securing a position among India's top 10 asset managers by Assets Under Management (AUM). As of December 2023, the company's AUM stands at Rs. 1.2 lakh crores.
Learn more about Bandhan Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
To start an SIP in Bandhan Midcap Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Bandhan Midcap Fund.
3. On the Bandhan Midcap Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
To invest in Bandhan Midcap Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Bandhan Midcap Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
To automate an SIP in Bandhan Midcap Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Bandhan Midcap Fund automatically, ensuring consistent contributions without manual intervention.
To withdraw or redeem your investment in Bandhan Midcap Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Bandhan Midcap Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Bandhan Midcap Fund is ₹17.85
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Bandhan Midcap Fund is ₹1,547.46 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Bandhan Midcap Fund is ₹100
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Bandhan Midcap Fund is 2.08%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Bandhan Midcap Fund is Exit load of 1%, if redeemed within 1 year..