Mutual Funds

Mutual Funds – A collective pool of money contributed by several investors and managed by a professional fund manager.

  • Ideal for investors who do not have the knowledge or time to invest in stock markets directly

  • Managed by a professional team of Fund Managers & analysts with requisite expertise and skills

  • Flexibility to invest one time or at regular intervals (as Systematic Investment Plan – SIP)

  • Diversification of investments through asset allocation

  • Tax benefits

Systematic Investment Plan (SIP) – A SIP allows an investor to invest regularly where they can put in a small amount every month that is invested in a mutual fund at pre-defined intervals like Daily/Weekly/Monthly/Quarterly or Annual.

  • Flexibility to invest with small amounts and start early investments

  • Power of Compounding – This essentially means 'adding interest on interest,' i.e., the amount of money invested will generate earnings from both the initial principal amount and the accrued interest from the preceding compounding period

  • Rupee Cost Averaging – A fixed amount of money gets invested at regular intervals irrespective of whether the markets are going high or low. This ensures that one would buy more units when the markets are low and lesser units when they are high

Types of Mutual Funds

As per SEBI guidelines on categorisation and rationalisation, Mutual Fund Scheme are broadly classified as below:

Equity Schemes:

  • Primarily invests in equities and equity-related investments

  • Suitable for investors with higher risk appetite and longer investment horizon

Debt Schemes:

  • Primarily invests in bonds or other debt securities and hence ideal for investors looking for regular income generation and capital preservation

  • Investment can be in short term and long term debt securities issued by Govt, public financial institutions, or private limited companies

Hybrid Schemes:

  • Invests in a mix of equities and debt securities

  • Equity-oriented hybrid schemes are ideal for investors looking for growth and some stability

  • Debt-oriented hybrid schemes are suitable for conservative investors looking for a small boost in returns

Solution-Oriented Schemes:

  • Close-ended funds with a lock-in period of 5 years

  • Ideal for investors with a longer investment horizon and with a specific goal or objective in mind, such as retirement planning, child education, child marriage, etc. 

Other Schemes: 

  • These are schemes that invest in various sectors, ETFs, Index, international markets, etc.

  • Ideal for high risk-takers who are well versed with the investment style of the scheme

Names of Mutual Funds 

With reference to SEBI/AMFI/RBI/Others on categorization and rationalization of Mutual Fund Schemes, The Bank presently distributes the following Mutual Fund Schemes from its branches in Metro, Urban and select Semi-Urban locations.

Hybrid

Name of the Fund 

Category 

Bandhan Balanced Advantage Fund

Dynamic Asset Allocation

Bandhan Multi Asset Allocation Fund Multi Asset
HDFC Hybrid Equity Fund Aggressive Hybrid 
HDFC Balanced Advantage Fund Dynamic Asset Allocation

Axis Balanced Advantage Fund

Dynamic Asset Allocation

ICICI Prudential Equity & Debt Fund

Aggressive Hybrid

ICICI Prudential Balanced Advantage Fund

Dynamic Asset Allocation

ICICI Prudential Multi Asset Fund

Multi Asset

Kotak Balanced Advantage Fund

Dynamic Asset Allocation

Kotak Equity Arbitrage Fund

Arbitrage 

Nippon India Balanced Advantage Fund

Dynamic Asset Allocation

Nippon India Arbitrage Fund

Arbitrage

SBI Equity Hybrid Fund

Aggressive Hybrid

SBI Balanced Advantage Fund

Dynamic Asset Allocation

 

Equity 

Name of the Fund 

Category 

Bandhan Flexi Cap Fund

Flexi Cap

Bandhan Tax Advantage Fund

ELSS

Bandhan Sterling Value Fund

Value

Bandhan Financial Services Fund

Sector Fund

UTI Flexi Cap Fund

Flexi Cap

UTI Mastershare Unit Scheme

Large Cap

UTI Mid Cap Fund

Mid Cap

UTI Value Opportunities Fund

Value

UTI Nifty Index Fund

Index Fund

HDFC Flexi Cap Fund

Flexi Cap

HDFC Top 100

Large Cap

HDFC Multi Cap Fund

Multi Cap

Axis Long Term Equity Fund

ELSS

Axis Flexi Cap Fund

Flexi Cap

Axis Bluechip Fund

Large Cap

Axis Midcap Fund

Mid Cap

Franklin India Fexi Cap Fund

Flexi Cap

ICICI Prudential Bluechip Fund

Large Cap

ICICI Prudential Value Discovery Fund

Value

Kotak Tax Saver Fund

ELSS

Kotak FlexiCap Fund 

Flexi Cap

Kotak Equity Opportunities Fund

Large & Mid Cap

Kotak Emerging Equity Scheme

Mid Cap

Mirae Asset Large Cap Fund

Large Cap

Nippon India Growth Fund

Mid Cap

Nippon India Value Fund

Value

SBI Flexicap Fund

Flexi Cap

SBI Large & Midcap Fund

Large & Mid Cap

SBI Bluechip Fund

Large Cap

SBI Magnum Midcap Fund

Mid Cap

SBI Multi Cap Fund

Multi Cap

 

Debt 

Name of the Fund 

Category

Bandhan Low Duration Fund

Low Duration

Bandhan Bond Fund Short Term

Short Term

HDFC Liquid Fund

Liquid

Axis Liquid Fund

Liquid

Axis Short Term Fund

Short Term

ICICI Prudential All Seasons Bond Fund

Dynamic Bond

ICICI  Prudential Savings Fund

Low Duration

ICICI Prudential Short Term Fund

Short Term

ICICI Prudential Ultra Short Term Fund

Ultra Short Term

Kotak Low Duration Fund

Low Duration

Nippon India Liquid Fund

Liquid

 

Solution Oriented Schemes

Name of the Fund 

Category

Bandhan Retirement Fund

Retirement

 

Partners:

Currently, Bandhan Bank distributes Schemes of the following Mutual Fund companies:

  • ICICI Prudential Mutual Fund

  • HDFC Mutual Fund 

  • Aditya Birla Sun Life Mutual Fund 

  • UTI Mutual Fund 

  • Kotak Mutual Fund 

  • Nippon India Mutual Fund 

  • Axis Mutual Fund 

  • SBI Mutual Fund 

  • Mirae Asset Mutual Fund

  • Franklin Templeton Mutual Fund

  • Bandhan Mutual Fund

To view Scheme Information Document of AMC click here (SID)

To view Statement of Additional Information of AMC click here (SAI)

To view Key Information Memorandum of AMC click here (KIM)


View the complete commission disclosure of our partners below. This is on a best effort basis, rates are updated as, and when actual rates are received from AMCs

  • Resident Individual, Resident Minor, NRI, HUF, Sole Proprietor, Pvt Ltd Company
  • Resident Individual must be:
    • Existing Bandhan Bank account holder as customer ID is mandatory
    • KYC & FATCA compliant

*Conditions apply - For a Resident Minor Guardians KYC will be required

Notification:

W.e.f. January 1, 2011, all categories of investors in Mutual Funds are required to comply with KYC norms.

With effect from 1st January 2011, any investor (all applicants in a folio) investing into mutual funds through the Investment Services Account would be required to be KYC compliant without which the transactions may be liable to be rejected by the respective mutual fund houses.

Click here to know more about KYC.

Apply Now