Bandhan Mutual Fund has announced the merger of Bandhan CRISIL IBX 90:10 SDL Plus Gilt- November 2026 Index Fund into Bandhan Short Term Fund, effective December 1, 2026. According to reports from Bandhan Mutual Fund, this merger will result in the complete elimination of the index fund, which will cease to exist after the effective date.
As a direct consequence of this merger, unitholders of Bandhan CRISIL IBX 90:10 SDL Plus Gilt- November 2026 Index Fund will automatically become unitholders of Bandhan Short Term Fund on December 1, 2026. This transition will affect all existing unitholders of the index fund, regardless of their preference for the merger.
To accommodate unitholders who may not favor this merger, Bandhan Mutual Fund has established an exit window period from October 30, 2026 to November 30, 2026. During this window, unitholders can exit or switch their investments without any exit load, providing them with flexibility to move their investments to other schemes if they prefer not to be part of the merged fund.
According to the latest data from AMFI, Bandhan Mutual Fund operates 435 live schemes across 92 distinct funds, with each plan and option representing a separate scheme with its own code and NAV. The fund house offers multiple plan options including Direct and Regular plans, along with Growth and IDCW options, each maintaining distinct NAVs due to different charging structures and payout mechanisms.
