Description
Bandhan Mutual Fund has renamed eight schemes to align with SEBI categorization requirements, effective November 28, 2025.
Summary
Bandhan Mutual Fund has changed the names of eight schemes across three fund categories to enable easy identification against their respective SEBI categories. The changes are effective immediately from December 1, 2025, on the NSE MF Invest platform. The Scheme Information Documents (SID) and Key Information Memorandums (KIM) have been segregated and uploaded on the Mutual Fund’s website.
Key Points
- Eight schemes renamed across Bandhan Bond Fund, Bandhan Government Securities Fund, and Bandhan Asset Allocation Fund of Funds
- Changes approved by Boards of Directors of Bandhan Mutual Fund Trustee Limited and Bandhan AMC Limited
- Segregation of SIDs and KIMs for each plan under the schemes
- Asset Allocation Fund of Funds plans recategorized per SEBI Letter dated February 6, 2025 and AMFI communication dated June 30, 2025
- Changes align with SEBI Master Circular for Mutual Funds dated June 27, 2024
Scheme Name Changes
Bond Fund Schemes:
- Bandhan Bond Fund - Short Term Plan → Bandhan Short Duration Fund
- Bandhan Bond Fund - Medium Term Plan → Bandhan Medium Duration Fund
- Bandhan Bond Fund - Income Plan → Bandhan Medium to Long Duration Fund
Government Securities Fund Schemes:
- Bandhan Government Securities Fund - Investment Plan → Bandhan Gilt Fund
- Bandhan Government Securities Fund - Constant Maturity Plan → Bandhan Gilt Fund with 10-year constant duration Fund
Asset Allocation Fund of Funds Schemes:
- Bandhan Asset Allocation Fund of Funds - Conservative Plan → Bandhan Conservative Hybrid Passive FOF
- Bandhan Asset Allocation Fund of Funds - Aggressive Plan → Bandhan Aggressive Hybrid Passive FOF
- Bandhan Asset Allocation Fund of Funds - Moderate Plan → Bandhan Multi-Asset Passive FOF
Regulatory Changes
The name changes are made to comply with:
- Para 2.6 of SEBI Master Circular for Mutual Funds dated June 27, 2024
- SEBI Letter dated February 6, 2025 regarding Framework of launching fund of funds (FOF) schemes with multiple underlying funds
- AMFI communication dated June 30, 2025
Compliance Requirements
- NSE MF Invest platform members informed of immediate implementation
- Segregated SIDs and KIMs uploaded on Mutual Fund website
- Investors to take note of new scheme names for future transactions
Important Dates
- December 1, 2025: Effective date of scheme name changes on NSE MF Invest platform
- November 28, 2025: End of business hours - Asset Allocation Fund of Funds plans categorized per SEBI/AMFI framework
Impact Assessment
The changes are purely administrative and cosmetic in nature. There is no impact on:
- Investment objectives or strategies of the schemes
- Portfolio composition or asset allocation
- Existing investor holdings or NAV calculations
- Expense ratios or fund management
Investors should update their records with the new scheme names but no action is required regarding their investments. The renaming improves clarity and alignment with SEBI’s categorization framework for mutual fund schemes.
Impact Justification
Administrative change for scheme name alignment with SEBI categorization; no impact on investment strategy or investor holdings