Bandhan vs Union Mutual Fund: Which Mutual Fund House is Better for You?

Bandhan Mutual Fund and Union Mutual Fund are two of India’s growing AMCs that have carved a niche for themselves in the highly competitive mutual fund industry. Backed by strong parentage, innovative strategies, and investor-centric offerings, both AMCs cater to investors looking for consistent returns across equity, debt, and hybrid categories.

As of June 2025, Bandhan Mutual Fund AUM stands at ₹1.77 lakh crore, making it one of the larger AMCs in the Indian mutual fund landscape. In contrast, Union Mutual Fund AUM is around ₹21,203 crore, a relatively smaller yet steadily growing fund house. While Bandhan AMC benefits from scale, wide presence, and a strong product portfolio, Union AMC appeals to investors seeking niche, actively managed strategies with personalized schemes.

In this article, we compare Bandhan Mutual Fund vs Union Mutual Fund across fund categories, top schemes, unique strengths, investor suitability, and FAQs to help you decide which AMC is better for you.

About the AMC

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Fund Categories Offered

Bandhan Mutual Fund

• Bandhan Mutual Fund SIP options across categories (starting ₹500 per month).
• Bandhan Equity Funds – large-cap, flexi-cap, mid-cap, small-cap.
• Bandhan Debt Funds – liquid, corporate bond, dynamic bond.
• Bandhan ELSS for tax saving.
• Bandhan Hybrid & Balanced Advantage Funds.
• Index funds and thematic/sectoral funds.
• Portfolio management and alternative Bandhan investment schemes.

Union Mutual Fund

• Union Mutual Fund SIPs across hybrid, debt, and equity categories.
• Union Equity Funds – diversified and thematic options.
• Union Debt Funds – ultra-short, liquid, dynamic bond funds.
• Union ELSS for tax saving.
• Hybrid and balanced funds.
• Union AMC investment schemes tailored for moderate investors.
• Actively managed portfolio management focus.

Top Funds of Each AMC

Take advantage of our detailed tool to compare mutual funds and evaluate all your options.

Unique Strengths of Each AMC

Bandhan Mutual Fund Strengths

• Strong Scale & Presence: With AUM of ₹1.77 lakh crore, Bandhan AMC ranks among the larger fund houses, offering reliability and scale.
• Wide Product Basket: From Bandhan Equity Funds to Bandhan Debt Funds, Bandhan ELSS, hybrids, and index funds, the AMC provides options for all types of investors.
• SIP Flexibility: Bandhan SIP ₹500 per month makes it beginner-friendly while also catering to HNIs with larger ticket sizes.
• Proven Equity Track Record: Many schemes feature in the list of Best Bandhan Mutual Funds 2025, especially in flexi-cap and large-cap categories.
• Portfolio Management Expertise: Bandhan fund house deploys robust risk management and research-driven strategies for long-term consistency.
• Digital Access: Easy to Buy Bandhan Mutual Fund online or Invest in Bandhan through 5paisa with seamless processes.

Union Mutual Fund Strengths

• Focused Approach: With AUM of ₹21,203 crore, Union AMC emphasizes investor-friendly schemes rather than chasing scale.
• Transparent & Simple Products: Known for straightforward communication and simple categories that retail investors can easily understand.
• Strong Equity Performance: Some Union Equity Funds and ELSS have consistently delivered attractive Union Mutual Fund returns.
• ELSS Advantage: Union ELSS is among the Top Union mutual funds for tax saving, offering both growth potential and tax benefits.
• Investor Education Focus: Union AMC invests heavily in educating investors, making it beginner-friendly.
• Digital Ease: Investors can Open SIP with Union Mutual Fund and Buy Union Mutual Fund online with simple processes.

Who Should Invest?

Choose Bandhan Mutual Fund if you:

• Prefer a large, reliable AMC with diverse offerings.
• Want to start small with Bandhan SIP ₹500 per month and grow over time.
• Seek Best Bandhan Equity Mutual Funds for long-term growth.
• Want stability in Bandhan Debt Funds and flexibility in hybrids.
• Value strong distribution and wide access across platforms like 5paisa.
• Ask “Is Bandhan Mutual Fund good?” and want proof through scale and proven returns.

Choose Union Mutual Fund if you:

• Want a smaller fund house with personalized attention and simplicity.
• Are looking for transparent Union investment schemes with less clutter.
• Prefer active fund management with the potential to outperform.
• Need Union ELSS or hybrid funds for tax savings and balanced returns.
• Want an AMC that emphasizes investor education and simplicity.
• Ask “Which Union fund is best for SIP?” and prefer focused, actively managed funds with lower AUM concentration.

Conclusion

Both Bandhan and Union Mutual Fund are strong in their own right, though they cater to different investor profiles. Bandhan Mutual Fund is ideal for investors seeking scale, diversity, and reliability with a strong product basket across equity, debt, hybrid, and ELSS. Union Mutual Fund is better suited for those who prefer focused, transparent offerings with active management and steady growth potential.

The choice ultimately depends on your investment goals, risk appetite, and whether you value scale and diversity (Bandhan AMC) or focus and simplicity (Union AMC).

Explore our options in mutual fund and find one that aligns with your financial goals.