Bandhan AMC Limited, one of India’s leading asset managers with an AUM of ~USD 20 billion announced the launch of its operations at GIFT City through its IFSC Branch. International investors such as foreign nationals including, family offices, government institutions, corporate and institutional investors, pension funds, endowment funds, as well as non-resident Indians (NRIs), can now participate in the India growth story by investing in the equity oriented Bandhan India Large and Mid-Cap Fund or the Bandhan India Small Cap Fund.
Alternatively, investors looking for a safer yet high-quality fixed income fund can choose to invest in Bandhan India Government Securities Fund. These funds also provide investors, who are looking for a tax efficient investment route, an opportunity to invest in funds with a well-established track record. Bandhan AMC has a long and strong performance track record and asset under management (AUM) in all the three underlying funds of Bandhan Mutual Fund (BMF).
Vishal Kapoor, CEO, Bandhan AMC, highlighted, “Over the past few years, the share of long-term investors in the Indian market has risen at an impressive pace,Bandhan India Large and Mid-Cap Fund (IFSC) is a feeder fund that will invest in Bandhan Core Equity Fund, an open-ended equity scheme of BMF, that was launched on August 09, 2005, and w.e.f. January 28, 2023, is managed by Manish Gunwani, Head – Equity, Bandhan AMC. Manish Gunwani, Head – Equity, Bandhan AMC. The underlying fund aims to invest in high growth/ quality stocks in sectors with higher than nominal GDP growth over the medium term, with a mix of thematic/ cyclicals and optional & value stocks."