Bandhan mutual fund

  1. Vodafone Idea, IRFC, Bandhan Bank, PB Fintech: Midcap shares that MFs bought and sold in May
  2. Bandhan Tax Advantage (ELSS) Fund
  3. IDFC Mutual Fund to become Bandhan Mutual fund; name of fund schemes to change


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Vodafone Idea, IRFC, Bandhan Bank, PB Fintech: Midcap shares that MFs bought and sold in May

Mutual fund (MF) houses were seen buying shares of many midcap companies including Vedant Fashions (Manyavar), Vodafone Domestic fund managers increased stake in Vedant Fashions to 3.14 crore shares in May from 2.16 crore shares in April. They held Rs 4,039 crore worth Vedant Fashions shares at May end against Rs 2,752 crore at April end, a report compiled by ICICIdirect suggested. In May, Vedant Fashions, the operator of Manyavar brand, came out with an offer for sale to offload 9.8 per cent stake. In the case of Vodafone Idea, mutual funds upped holding to 28.64 crore shares from 20.48 crore shares a month ago. Mutual fund managers managed Rs 206 crore worth Vodafone Idea shares as on May 31 against Rs 142 crore as on April 30. Kumar Mangalam Birla recently joined the company board. In Clean Science And Technology, MF holding value jumped to Rs 805 crore from Rs 650 crore, as they upped stake to 57 lakh shares from 45 lakh shares a month ago. Colgate-Palmolive (to Rs 824 crore from Rs 698 crore), Aditya Birla Capital (to Rs 575 crore from Rs 481 crore), Coforge (to Rs 7,595 crore from Rs 6,023 crore) and Laurus Labs (to Rs 954 crore from Rs 774 crore) were among other stocks that MFs bought in the month gone by. Watch: Midcaps such as Piramal Enterprises, IDFC First Bank and PB Fintech also saw MF buying last month. Mutual funds trimmed exposure to IRFC amid weak set of March quarter results. They managed Rs 315 crore worth IRFC shares against Rs 449 crore on month-on-mo...

Bandhan Tax Advantage (ELSS) Fund

Scheme Names CAGR Returns (%) Current value of Investment of 10,000 1 year 3 year 5 year 10 year 26/12/2008 Since inception 1 year 3 year 5 year 10 year 26/12/2008 Since inception Bandhan Tax Advantage (ELSS) Fund - Regular Plan - Growth 15.52 36.05 12.96 17.29 17.85 11,552 25,226 18,396 49,305 1,07,032 S&P BSE 500 TRI ^ 12.85 27.95 12.58 14.39 16.23 11,285 20,975 18,091 38,404 87,646 Nifty 50 TRI ^ ^ 12.94 26.02 12.89 13.33 15.20 11,294 20,037 18,344 34,985 77,073 ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark This fund is managed by Daylynn Pinto (w.e.f 20/10/2016) Performance of Bandhan Tax Advantage (ELSS) Fund - Regular Plan - Growth as on 31/05/2023. View fund performance of Past performance may or may not be sustained in future. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

IDFC Mutual Fund to become Bandhan Mutual fund; name of fund schemes to change

“Our new name reflects our new sponsorship, and we are proud to now be a part of the Bandhan Group. Backed by the legacy, goodwill, and inclusiveness that our Sponsors represent, we are confident that our investors will continue to benefit from the same passion, expertise, and focus that they have experienced over the years. Our new brand identity is a testament to the universality of our commitment and the strength of our resolve to help every saver become an investor,” said Kapoor in a statement.