IDFC Mutual Fund rebrands itself as Bandhan MF

IDFC Mutual Fund rebrands itself as Bandhan MF

Daily Current Affairs   /   IDFC Mutual Fund rebrands itself as Bandhan MF

Change Language English Hindi

Category : Business and economics Published on: March 15 2023

Share on facebook
  • IDFC Mutual Fund has rebranded itself as Bandhan Mutual Fund. The change in name will be effective from Monday, March 13. 
  • All the schemes of the fund house will be renamed to replace the word ‘IDFC’ with the word ‘Bandhan’.
  • The rebranding includes a change of the name and the logo.
  • The Securities and Exchange Board of India had cleared the Bandhan-linked consortium’s proposed acquisition of IDFC Mutual Fund in December 2022.
  • Earlier in 2022, a consortium of Bandhan Financial Holdings GIC, and ChrysCapital signed an agreement to buy IDFC AMC and IDFC AMC Trustee Company from parent IDFC for Rs 4,500 crore.
Recent Post's

  • India became the largest supplier of cotton products to the United States in 2025, surpassing China for the first time in recent years.

    Read More....

  • Scientists from the Zoological Survey of India discovered two new lichen moth species named Caulocera hollowayi and Asura buxa in the Eastern Himalayas.

    Read More....

  • The world’s first Autonomous Maritime Shipbuilding and Systems Centre was established in Nellore to develop advanced unmanned maritime technologies.

    Read More....

  • Assam exported its GI-tagged Joha rice to the United Kingdom and Italy for the first time.

    Read More....

  • Scientists discovered a new pterosaur species named Bakiribu waridza from a 100-million-year-old fossilised dinosaur vomit in Araripe Basin.

    Read More....

  • Meta acquired the experimental AI social networking platform Moltbook as part of the global AI talent race.

    Read More....

  • The Delhi Cantonment Board launched the SMART digital governance platform to improve sanitation monitoring and civic services.

    Read More....

  • NITI Aayog released the second edition of the Fiscal Health Index 2026 to assess the fiscal performance of Indian states.

    Read More....

  • Razorpay launched the AI-powered payment platform Agent Studio built on Claude AI technology.

    Read More....

  • The WHO Foundation and Novo Nordisk partnered to address childhood obesity in India through school-based health programmes.

    Read More....