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== Draft article ==
{{Short description|Indian asset management company}}
{{Infobox company
| name = Bandhan AMC Limited
| logo = Bandhan AMC's logo.jpg
| logo_caption = Official logo
| type = [[Subsidiary]]
| industry = [[Asset management]]
| founded = 2000
| hq_location = [[Mumbai]], Maharashtra, India
| num_locations = 109 <small>(June 2026)</small>
| key_people = Vishal Kapoor ([[Chief executive officer|CEO]])
| products = [[Mutual fund]]s, [[Portfolio management|portfolio management services]], [[Alternative investment|alternative investments]], Specialised Investment Funds
| operating_income = ₹578.8 crore <small>(FY 2025–26)</small>
| aum = ₹1,90,750 crore <small>(March 2026)</small>
| owners = * Bandhan Financial Holdings (60%)
* [[GIC (sovereign wealth fund)|GIC]] (20%)
* ChrysCapital (20%)
| num_employees = 748 <small>(March 2026)</small>
| parent = Bandhan Financial Holdings
}}


'''Subject name''' is a [subject type] associated with [location or field]. The subject was established in [year] and has been involved in [brief description of activities].
'''Bandhan AMC Limited''', doing business as '''Bandhan AMC''', is an Indian [[asset management]] company headquartered in [[Mumbai]], Maharashtra. It is the investment manager of Bandhan Mutual Fund.<ref name="AMFISAI">{{cite web |title=Statement of Additional Information |url=https://portal.amfiindia.com/spages/sai48.pdf |publisher=[[Association of Mutual Funds in India]] |access-date=20 September 2026}}</ref>


=== History ===
The company was formerly known as IDFC Asset Management Company. It was renamed Bandhan AMC in March 2023 following its acquisition by a consortium comprising Bandhan Financial Holdings, [[GIC (sovereign wealth fund)|GIC]], and ChrysCapital.
The subject was established in [year]. It began operating in [location] and later expanded its activities to [relevant development]. Over time, it has been involved in [specific activity or development].
 
The company offers mutual fund schemes, portfolio management services, and alternative investment funds. As of March 2026, it reported average [[Assets under management|assets under management]] (AUM) of approximately ₹1,90,750 crore.
 
== History ==
 
The company was incorporated on 20 December 1999 as ANZ Grindlays Asset Management Company Private Limited by the [[Australia and New Zealand Banking Group]] (ANZ).<ref>{{Cite web |last=Pandya |first=Aabhas |title=ANZ Grindlays AMC set to unveil debt fund |url=https://m.rediff.com/business/2000/mar/24mfnews.htm |access-date=20 September 2026 |website=m.rediff.com}}</ref><ref>{{Cite web |title=Figure 1. Comparison of A.D.B.P. scores under two criterions |url=https://www.researchgate.net/figure/Comparison-of-ADBP-scores-under-two-criterions_fig1_47619066 |access-date=20 September 2026 |website=ResearchGate |language=en}}</ref> The mutual fund it managed was constituted as a trust on 29 December 1999 under the [[Indian Trusts Act, 1882]]. Its trust deed was registered in Mumbai,<ref>{{Cite web |date=2012-08-15 |title=Selling Grindlays in India was a mistake: ANZ chief |url=https://www.thehindubusinessline.com/money-and-banking/Selling-Grindlays-in-India-was-a-mistake-ANZ-chief/article20485268.ece |access-date=20 September 2026 |website=BusinessLine |language=en}}</ref> and the fund received registration from the [[Securities and Exchange Board of India]] (SEBI) on 13 March 2000.<ref name="AMFISAI" />
 
In 2000, ANZ sold its Grindlays Bank operations in India to [[Standard Chartered]].<ref>{{Cite web |last=Panchal |first=Salil |title=With signs of swifter reforms, ANZ plans larger India footprint |url=https://www.forbesindia.com/article/special/with-signs-of-swifter-reforms-anz-plans-larger-india-footprint/37960/1 |access-date=20 September 2026 |website=www.forbesindia.com |language=en}}</ref><ref>{{Cite web |last=Rebello |first=Joel |date=2012-11-27 |title=Rising trade, migration attract Australian banks to India |url=https://www.livemint.com/Money/nKGVlctUPGWzkJaVGeFJ9M/Rising-trade-migration-attract-Australian-banks-to-India.html |access-date=20 September 2026 |website=mint |language=en}}</ref><ref>{{Cite news |last=Treanor |first=Jill |date=2000-04-28 |title=Standard Chartered snaps up Grindlays |url=https://www.theguardian.com/business/2000/apr/28/15 |access-date=20 September 2026 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref> On 30 May 2008, [[Infrastructure Development Finance Company]] (IDFC) acquired the equity and preference shares held by Standard Chartered, along with the equity held by minority shareholders.<ref name="AMFISAI" /> The company was subsequently renamed IDFC Asset Management Company Limited.<ref name=":1">{{Cite web |last=Bazaz |first=Shivani |date=2023-03-11 |title=IDFC Mutual Fund to rebrand as Bandhan Mutual Fund effective March 13 - CNBC TV18 |url=https://www.cnbctv18.com/personal-finance/idfc-mf-rebrand-bandhan-mutual-fund-16144081.htm |access-date=20 September 2026 |website=CNBCTV18 |language=en}}</ref><ref>{{Cite news |last=Khanna |first=Surbhi |date=2026-02-23 |title=Which mutual funds have the highest exposure in IDFC First Bank? |url=https://economictimes.indiatimes.com/mf/analysis/which-mutual-funds-have-the-highest-exposure-in-idfc-first-bank/articleshow/128708152.cms?from=mdr |access-date=20 September 2026 |work=The Economic Times |issn=0013-0389}}</ref>
 
At the end of December 2016, the company managed approximately ₹57,998 crore in assets and ranked among the ten largest companies in the Indian mutual fund industry.<ref>{{Cite web |title=idfc mutual fund: Team Bandhan leads race to buy IDFC Mutual Fund |url=https://economictimes.indiatimes.com/industry/banking/finance/banking/team-bandhan-leads-race-to-buy-idfc-mutual-fund/articleshow/90673966.cms?from=mdr |access-date=20 September 2026 |website=The Economic Times |language=en-IN}}</ref>
 
== Acquisition by Bandhan consortium ==
 
In April 2022, a consortium led by Bandhan Financial Holdings agreed to acquire IDFC Asset Management Company and IDFC AMC Trustee Company for ₹4,500 crore (approximately US$548 million).<ref>{{cite news |title=Bandhan-led consortium buys IDFC's mutual fund business for Rs 4,500 cr |url=https://www.business-standard.com/article/companies/bandhan-consortium-to-acquire-idfc-amc-from-idfc-for-rs-4-500-cr-122040601414_1.html |work=Business Standard |date=6 April 2022 |access-date=20 September 2026}}</ref> The consortium comprised Bandhan Financial Holdings, GIC, and ChrysCapital, with an ownership structure of 60%, 20%, and 20%, respectively.<ref>{{cite news |title=Bandhan, ChrysCap, GIC team up to buy IDFC MF for ₹4,500 cr |url=https://www.livemint.com/companies/bandhan-financial-chryscapital-and-gic-team-up-to-buyout-idfc-mutual-fund-for-rs4-500-cr-11649255699576.html |work=Mint |date=7 April 2022 |access-date=20 September 2026}}</ref><ref>{{Cite web |last=Singh |first=Rajiv Ranjan |date=2022-04-08 |title=Mutual Bandhan of IDFC points out Indian market's global appeal |url=https://www.fortuneindia.com/enterprise/mutual-bandhan-of-idfc-points-out-indian-markets-global-appeal/107721 |access-date=20 September 2026 |website=Fortune India |language=en}}</ref>
 
The transaction was subject to regulatory approvals. The [[Competition Commission of India]] approved the proposed divestment in August 2022.<ref>{{cite news |title=IDFC stock ends 4% higher after CCI approves divestment of IDFC AMC |url=https://www.business-standard.com/article/markets/idfc-stocks-ends-4-higher-after-cci-approves-divestment-of-idfc-amc-122080201420_1.html |work=Business Standard |date=2 August 2022 |access-date=14 September 2026}}</ref><ref>{{Cite web |title=CCI approves acquisition of stake in IDFC Asset Management Company Limited and IDFC AMC Trustee Company Limited by Bandhan Financial Holdings Limited, ChrysCapital and GIC |url=https://www.pib.gov.in/Pressreleaseshare.aspx?PRID=1847454&reg=48&lang=2 |website=pib.gov.in}}</ref> Bandhan Financial Holdings acquired the controlling stake in Bandhan AMC and the trustee company on 31 January 2023.<ref name="AMFISAI" />
 
On 13 March 2023, the fund house adopted the Bandhan brand. IDFC Asset Management Company became Bandhan AMC Limited, IDFC Mutual Fund became Bandhan Mutual Fund, and the term "IDFC" in the scheme names was replaced with "Bandhan".<ref name=":1" /><ref>{{Cite web |last=Kishore |first=Kundan |date=2022-12-01 |title=IDFC Mutual Fund Will Now Be Bandhan Mutual Fund. How Will It Affect Your Investments? |url=https://www.outlookmoney.com/news/idfc-mutual-fund-will-now-be-bandhan-mutual-fund-how-will-it-affect-your-investments--news-241588 |access-date=2026-09-14 |website=Outlook Money |language=en}}</ref>
 
Bandhan Financial Holdings became the sponsor of the mutual fund.<ref>{{cite news |title=Bandhan-led consortium buys IDFC's mutual fund business for Rs 4,500 cr |url=https://www.business-standard.com/article/companies/bandhan-consortium-to-acquire-idfc-amc-from-idfc-for-rs-4-500-cr-122040601414_1.html |work=Business Standard |date=6 April 2022 |access-date=14 September 2026}}</ref>
 
== Operations ==
 
Bandhan AMC manages mutual fund schemes across equity, debt, and hybrid categories. Its average assets under management for the 2025-26 financial year were reported as ₹1,90,750 crore. The company also offers portfolio management services, alternative investment funds, and passive investment products, including index funds and exchange-traded funds (ETFs). In October 2024, it opened a branch in [[Gujarat International Finance Tec-City]] (GIFT City) to serve overseas investors.<ref>{{Cite news |last=Khanna |first=Surbhi |date=2025-05-06 |title=Bandhan AMC commences GIFT City operations, launches three India focused funds |url=https://economictimes.indiatimes.com/mf/mf-news/bandhan-amc-commences-gift-city-operations-launches-three-india-focused-funds/articleshow/120930551.cms?from=mdr |access-date=2026-09-14 |work=The Economic Times |issn=0013-0389}}</ref>
 
== Specialised Investment Funds ==
 
In September 2025, Bandhan AMC received approval from SEBI to launch Specialised Investment Funds (SIFs) under its Arudha SIF platform.<ref>{{cite news |title=Bandhan AMC receives SEBI approval to launch Specialised Investment Funds, unveils Arudha SIF platform |url=https://economictimes.indiatimes.com/mf/mf-news/bandhan-amc-receives-sebi-approval-to-launch-specialised-investment-funds-unveils-arudha-sif-platform/articleshow/123699118.cms |work=The Economic Times |date=4 September 2025 |access-date=14 September 2026}}</ref>
 
The SIF framework permits asset managers to offer specialised equity, debt, and hybrid strategies under a separate regulatory framework. The framework includes provisions for certain long-short strategies and derivative exposure.<ref>{{cite news |title=India's market regulator allows long-short equity, debt funds for wealthier individuals |url=https://www.reuters.com/business/finance/indias-market-regulator-allows-long-short-equity-debt-funds-wealthier-2025-02-27/ |work=Reuters |date=27 February 2025 |access-date=14 September 2026}}</ref>
 
The company launched its first SIF product, the Arudha Hybrid Long-Short Fund, in January 2026.<ref>{{cite news |title=NFO Alert: Bandhan Mutual Fund launches Arudha SIF's maiden strategy with Hybrid Long-Short Fund |url=https://economictimes.indiatimes.com/mf/mf-news/nfo-alert-bandhan-mutual-fund-launches-arudha-sifs-maiden-strategy-with-hybrid-long-short-fund/articleshow/126411899.cms |work=The Economic Times |date=8 January 2026 |access-date=14 September 2026}}</ref> It subsequently launched the Arudha Equity Long-Short Fund in March 2026.<ref>{{cite news |title=NFO Alert: Arudha SIF launches Arudha Equity Long-Short Fund |url=https://m.economictimes.com/mf/mf-news/nfo-alert-arudha-sif-launches-arudha-equity-long-short-fund/articleshow/128959405.cms |work=The Economic Times |date=3 March 2026 |access-date=14 September 2026}}</ref>
 
== Leadership ==
 
Vishal Kapoor serves as the company's chief executive officer. Manish Gunwani heads equity investments, while Suyash Choudhary leads fixed-income investments.<ref>{{Cite news |last=Anand |first=Kshitij |date=2026-08-29 |title=RBI rate hike risk rises: Bandhan AMC’s Suyash Choudhary dials back duration in bond portfolios |url=https://economictimes.indiatimes.com/markets/bonds/rbi-rate-hike-risk-rises-bandhan-amcs-suyash-choudhary-dials-back-duration-in-bond-portfolios/articleshow/133605170.cms?from=mdr |access-date=2026-09-14 |work=The Economic Times |issn=0013-0389}}</ref> Mrinal Singh and Bhupendra Meel oversee alternative investments and portfolio management services, respectively.
 
C. N. Ram became chairman of the board in January 2026. In September 2025, Kapoor was appointed vice chairman of the Association of Mutual Funds in India (AMFI).<ref>{{Cite web |last=Jha |first=Prabhakar |date=2026-08-28 |title=Re-elected: Meet AMFI leadership team — All about Chairman Sundeep Sikka and Vice-Chairman Vishal Kapoor |url=https://www.livemint.com/money/personal-finance/reelected-meet-amfi-leadership-team-all-about-chairman-sundeep-sikka-and-vice-chairman-vishal-kapoor-11787936037500.html |access-date=2026-09-14 |website=mint |language=en}}</ref>
 
== See also ==
 
* [[Mutual funds in India]]
* [[Bandhan Bank]]
* [[IDFC]]
* [[Securities and Exchange Board of India]]
 
== References ==
 
{{reflist}}
 
== External links ==
 
* [https://bandhanmutual.com/ Official website]
 
[[Category:Indian companies established in 2000]]
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