CAPM

What CAPM does

CAPM (Capital & Asset Portfolio Management) Company Limited is a Bangladesh-based, BSEC-licensed Asset Management Company incorporated in January 2011 and majority-owned by UK-based Golden Bridge Investments Limited — positioned as the only joint-venture AMC in the country between Non-Resident Bangladeshis and local entrepreneurs. The company operates three mutual funds: CAPM Unit Fund (an open-end, self-sponsored digitized fund), CAPM BDBL Mutual Fund 01 (a closed-end fund co-sponsored with Bangladesh Development Bank Limited and Investment Corporation of Bangladesh), and CAPM IBBL Islamic Mutual Fund (a Sharia-compliant fund). Combined NAV at market value across the three funds stood at approximately BDT 1.11 billion as of July 2026. CAPM distributes its products via a nationwide network of Transaction Agents for face-to-face onboarding, supplemented by an online subscription/surrender platform with Trust Bank and BRAC Bank mobile banking integration, plus SMS alert services under a BTRC short-code.

The company's business model is asset-under-management based, earning recurring management fees on its mutual fund AUM, with additional fee income from Institutional Portfolio Management Services (IPMS) for customized mandates and Provident Fund Management Services covering management, administration, and scheme setup for corporate retirement funds. Customer segments span individual retail investors (primary), institutional clients (IPMS), corporate employers (provident funds), and Non-Resident Bangladeshis. Distribution is dual-channel: offline through Transaction Agents and online via capmfunds.com. Pricing is not publicly disclosed; the company references "competitive management fees" for institutional services. Underlying technology includes automated NAV calculation, online transaction processing, CDBL custody integration for book-entry settlement, and SMS notification infrastructure — operational rather than AI-driven.

Operationally, CAPM employs 11–50 staff at its Dhaka headquarters, with leadership including Nahar Sunom Islam (Chairman, UK Solicitor representing Golden Bridge Investments Limited) and Khalil Bin Wahid (Director, COO of RR International Limited). Mahmud Hussain is identified as Founder, Managing Director and CEO. The firm is privately held with no public listing or disclosed funding rounds, and revenue figures are not publicly available. No mergers, acquisitions, or restructuring events are recorded.

Name

CAPM

Legal name

CAPM (Capital & Asset Portfolio Management) Company Limited

Website

https://capmbd.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

CAPM is a BSEC-licensed Bangladesh asset management company operating three mutual funds (open-end, closed-end, and Sharia-compliant) and providing institutional portfolio and provident fund management services to retail, institutional, and NRB investors.

Ownership category

akta.pro rank

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), All Other Financial Investment Activities (52399)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

akta.pro secondary industry

Mid-Cap Equity (Active) (FSAAAIAB)

Keywords

• Mutual fund management
• Asset management services
• Institutional portfolio management
• Provident fund management
• Islamic mutual funds

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Mutual Fund Management Fees: CAPM generates revenue through management fees from three mutual funds: CAPM Unit Fund, CAPM BDBL Mutual Fund 01, and CAPM IBBL Islamic Mutual Fund. The company manages funds investing in equity and debt securities of the Bangladesh capital market, with the Unit Fund being a self-sponsored open-end fund.
2. Institutional Portfolio Management Services (IPMS): Customized investment solutions for institutional clients including smart investing assistance, routine income with growth, and hassle-free day-to-day management. The company offers competitive management fees for these services.
3. Provident Fund Management Services: Three service offerings under this segment: Management of Provident Funds (day-to-day investment management), Administration of Provident Funds (full administrative responsibility), and Provident Fund Setup Services for new schemes.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

CAPM (Capital & Asset Portfolio Management) Company Limited operates as a BSEC-licensed asset management company offering three mutual fund schemes (open-end CAPM Unit Fund, closed-end CAPM BDBL Mutual Fund 01, and Shariah-compliant CAPM IBBL Islamic Mutual Fund) alongside Institutional Portfolio Management Services (IPMS) and Provident Fund Management Services for retail and institutional investors in Bangladesh.

Product overview

CAPM (Capital & Asset Portfolio Management) Company Limited is a BSEC-licensed Asset Management Company in Bangladesh offering a diversified portfolio of financial products and services. The company operates through three mutual funds: CAPM Unit Fund (open-end, self-sponsored digitized fund), CAPM BDBL Mutual Fund 01 (closed-end fund), and CAPM IBBL Islamic Mutual Fund (Sharia-compliant). Supporting these core products are Institutional Portfolio Management Services (IPMS) providing customized investment solutions, Provident Fund Management Services offering retirement-focused fund management, administration and setup, and Technology Oriented Services enabling investors to track investments through SMS alerts, online balance inquiry, and automated subscription/surrender services.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 70% minimum dividend distribution for closed-end funds
• +2 more outcomes

Segments4 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Bangladesh General Insurance Company Limited (BGIC)coreOthersServes as Trustee for CAPM Unit Fund, providing independent oversight and investor protection for the mutual fund.
• BRAC Bank LimitedcoreOthersServes as Custodian for CAPM Unit Fund, holding fund assets for safekeeping. Also provides mobile banking integration for CAPM's online services (Trust Bank Limited accounts for transaction processing).
• Bangladesh Development Bank Limited (BDBL)coreOthersSponsor and partner for CAPM BDBL Mutual Fund 01. Bangladesh Development Bank Limited is a key institutional partner in the fund's structure.
• Investment Corporation of Bangladesh (ICB)coreOthersCo-sponsor of CAPM BDBL Mutual Fund 01 along with BDBL, providing institutional backing for the closed-end fund.
• LankaBangla Finance Ltd.minorChannel Partner/ Reseller/ DistributorListed as a partner in CAPM's network of relationships within the Bangladesh financial services ecosystem.
• BRAC EPLminorChannel Partner/ Reseller/ DistributorPartner in CAPM's distribution and service network for capital market services.
• Be Rich BDminorChannel Partner/ Reseller/ DistributorPartner in CAPM's financial services ecosystem.
• City Brokerage Ltd.minorChannel Partner/ Reseller/ DistributorPartner in CAPM's capital market services network.
• Green DeltaminorChannel Partner/ Reseller/ DistributorPartner in CAPM's financial services ecosystem.
• UniCap Securities LimitedminorChannel Partner/ Reseller/ DistributorPartner in CAPM's capital market services network.
• Trust Bank LimitedminorOthersProvides mobile banking integration for CAPM Unit Fund transactions. Investors can open Trust Bank mobile accounts to facilitate fund transactions.
• Islami Bank Bangladesh PLCminorChannel Partner/ Reseller/ DistributorPartner in CAPM's Islamic finance ecosystem, relevant for CAPM IBBL Islamic Mutual Fund services.
• ONE Bank Ltd.minorChannel Partner/ Reseller/ DistributorPartner in CAPM's financial services network.
• Dhaka Stock ExchangecoreOthersCAPM's funds are listed and traded on the Dhaka Stock Exchange, providing liquidity for closed-end fund units.
• Chittagong Stock ExchangecoreOthersCAPM's funds are also listed on the Chittagong Stock Exchange for trading.
• Central Depository Bangladesh Limited (CDBL)coreTechnology or IntegrationCAPM holds a Custody License from CDBL, which ensures safety of client's investments through electronic book-entry settlement system.
• Bangladesh Securities and Exchange Commission (BSEC)coreOthersCAPM is licensed and regulated by BSEC as an Asset Management Company under the Securities and Exchanges Commission (Mutual Fund) Rules 2001.
• CAPM AdvisoryminorChannel Partner/ Reseller/ DistributorRelated advisory entity with separate social media presence for CAPM's advisory services.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• IDLC Asset Management Limited: Part of the IDLC Finance group—one of Bangladesh's largest non-bank financial institutions. Operates mutual funds and institutional mandates regulated by BSEC. Comparable to CAPM in product offerings, with the added backing of the IDLC distribution platform providing deeper institutional reach.
• LankaBangla Investments Limited: Investment subsidiary of LankaBangla Finance offering portfolio management and securities trading services in Bangladesh. Listed as a CAPM channel/network partner but also a directly competing asset manager pursuing similar retail and institutional mandate clients.
• VIPB Asset Management Company Limited: One of the leading private-sector asset managers in Bangladesh, offering a diversified suite of mutual funds, institutional portfolio management, and alternative investment products under BSEC regulation. Closely comparable to CAPM as a directly competing privately held AMC managing both equity and Sharia-compliant funds in the same Dhaka market.
• BRAC EPL Investments Limited: Bangladesh-based brokerage and investment management arm of the BRAC group, providing mutual funds, stock brokerage, and institutional research/distribution. Comparable to CAPM's combined brokerage-distribution + asset management profile, with a stronger retail brokerage franchise and AA-rated ownership support.
• ICB Asset Management Company Limited: Bangladesh's largest state-owned asset manager and a direct competitor, offering multiple open-end and closed-end mutual funds, institutional portfolio management, and provident/citizenship-related funds. Highly comparable to CAPM in product breadth (mutual funds + IPMS-style services) but operates at materially larger AUM scale under the Investment Corporation of Bangladesh (ICB) umbrella.
• Asian Tiger Capital Partners Investment Limited: Dhaka-based boutique investment and asset management firm providing mutual fund, alternative investment, and corporate advisory services in Bangladesh. Comparable as a smaller, privately held AMC competing for the same institutional and HNI mandates as CAPM.
• LR Global Bangladesh Limited: Bangladeshi asset management firm operating multiple mutual funds (open and closed-end) plus discretionary portfolio mandates for institutional clients. A direct private-sector peer of CAPM competing for the same retail and institutional investor pool in Bangladesh.

Broad incumbents

• Franklin Templeton Investments: Global asset manager offering mutual funds, institutional mandates, and alternatives across emerging markets, with adjacent Bangladesh/India/SE Asia equity offerings. Comparable to CAPM as a multi-strategy mutual fund manager serving emerging-market investors, but at dramatically larger global scale and brand recognition.
• Eastspring Investments Berhad: Asian asset management arm of Prudential plc, managing mutual funds and institutional mandates across multiple Asian markets including Bangladesh-adjacent geographies. Comparable at the product category level (multi-fund asset management) but operates at vastly larger AUM scale and broader regional footprint than CAPM.
• abrdn plc: Global asset manager (formerly Aberdeen Standard Investments) with significant emerging and frontier market fund offerings, including Bangladesh exposure. Comparable as a multi-fund asset manager serving institutional and retail clients globally, but at vastly larger scale and with a much broader product catalog than CAPM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/capm-capital-&-asset-portfolio-management-company-ltd-?trk=hb_tab_compy_id_2874969

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CAPM