Bandhan AMC Limited, one of India’s leading asset managers with an AUM of approximately USD 20 billion, has commenced operations at GIFT City through its IFSC branch, unveiling three new India-focused feeder funds. The move aims to draw global investors into India’s equity and debt markets by offering access to well-established Bandhan Mutual Fund schemes. The newly launched funds include the Bandhan India Large and Mid-Cap Fund (IFSC), Bandhan India Small Cap Fund (IFSC), and Bandhan India Government Securities Fund (IFSC). Each feeder fund mirrors a corresponding domestic scheme with proven track records and substantial assets under management.
CEO Vishal Kapoor emphasized Bandhan AMC’s objective to offer international investors — including NRIs, pension funds, and endowment funds — tax-efficient access to India’s equity and fixed income opportunities. “Investors can now choose between high-growth equity exposure and stable, government-backed securities,” he stated.
In Kolkata, a key market for Bandhan AMC, financial advisors and investors have welcomed the initiative, seeing it as a gateway for the region’s diaspora and institutions to channel funds into India’s growth story through GIFT City’s globally competitive financial infrastructure. The three underlying domestic schemes have AUMs ranging from USD 367.6 million to USD 1.21 billion, reinforcing Bandhan AMC’s credibility and longstanding fund management legacy.