Bandhan Group acquisition of IDFC Mutual Fund (2022)

Tue, 12 May 2026 00:00:00 +0000

The Bandhan Group acquisition of IDFC Asset Management Company in 2022 was a landmark consolidation in the Indian mutual fund industry, transferring a mid-sized AMC with approximately Rs 1.17 lakh crore in assets under management from the IDFC Financial Institutions group to Bandhan Financial Holdings Limited, the holding company of Bandhan Bank and the broader Bandhan financial services franchise. The transaction represented one of the largest AMC acquisition by value in Indian history, with the consideration estimated at approximately Rs 4,500 crore based on disclosed financial terms.

IDFC Finance on WebNotes

Bandhan Group acquisition of IDFC Mutual Fund (2022)