Fusion Finance Limited
Bandhan Mutual Fund now holds a 1.08% stake in Fusion Finance Limited, up from under 1%, after being named in the latest shareholding filing with 17,64,474 shares.
A microfinance institution incorporated in 1994, Fusion Finance provides lending services to underserved borrowers across India. The company focuses on extending credit to individuals and small entrepreneurs who lack access to traditional banking channels. Operating through an extensive branch network, it delivers financial inclusion services and credit products tailored to the needs of low-income communities and rural populations seeking economic opportunity.
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.