Bandhan Mutual Fund has disappeared from Baazar Style Retail Limited's latest shareholder list, down from a previous 2.5 percent stake. The change signals either a complete exit or a reduction to just below the 1 percent reporting threshold.
A fashion retailer operating across West Bengal and Odisha, Bazaar Style Retail specializes in curated apparel and accessories for customers in eastern India. Established in 2013, the company operates physical retail outlets focused on delivering contemporary fashion products and lifestyle merchandise in its regional markets. The retailer distinguishes itself through its localized approach to specialty fashion retail, catering to evolving consumer preferences in underserved eastern Indian regions.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
