vanguard aml

What vanguard aml does

Vanguard Asset Management Limited (Vanguard AML) is a privately held Bangladesh-based asset management company that received its Asset Management Company license from the Bangladesh Securities and Exchange Commission on April 28, 2013. The company operates two business lines: mutual fund management and corporate advisory services. On the mutual fund side, Vanguard AML manages three funds spanning the risk-return spectrum: Vanguard AML Growth Fund (open-end, launched December 2018 with initial size of Tk 10 crore), Vanguard AML BD Finance Mutual Fund One (closed-end, undergoing conversion after maturity), and Vanguard AML Rupali Bank Balanced Fund (closed-end balanced fund sponsored by Rupali Bank Ltd., which holds a 25.2% stake). Investment Corporation of Bangladesh (ICB) acts as Trustee and Custodian for the Growth Fund, providing regulatory asset safekeeping.

The company serves individual investors, institutional investors, intermediaries, and corporate clients in Bangladesh. Distribution is conducted via direct website sales (including a Systematic Investment Plan option for individuals) and a network of authorized selling agents. Unit pricing is set at face value Tk 10, with minimum investments of Tk 1,000 for individuals (100 units) and Tk 25,000 for institutions (2,500 units). The corporate advisory line provides M&A advisory, private equity, syndicated finance, and joint venture transaction advisory, targeting deal structuring, due diligence, and negotiation support across Bangladesh industries.

The revenue model is asset management fees on the three mutual funds plus advisory fees on corporate transactions. The firm is privately held, independent, and reports no PE/VC backing, no headcount disclosures, no proprietary technology platform, and no AI/ML capabilities. Investment performance has trended weaker in recent years, with VAML Growth Fund declaring 0% cash dividend for FY ending March 2025 (down from 15% in FY2022) and VAMLBDMF1 declaring 0% for FY ending September 2025 (down from 5% in FY2022). The company is actively operating, with NAV updates, valuation reports, and a 2026 fund valuation published.

Name

vanguard aml

Legal name

Vanguard Asset Management Limited

Website

https://vanguardaml.com

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Vanguard Asset Management Limited (Vanguard AML) is a Bangladesh-based, BSEC-licensed private asset management company managing three mutual funds and providing corporate advisory (M&A, private equity, syndicated finance, joint ventures) to individual, institutional, intermediary, and corporate clients in Bangladesh.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA)

akta.pro secondary industries

Joint Venture CVC / Consortium Funds (Multi-corporate) (FSANAHAE), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Asset management
• Mutual fund management
• Investment advisory
• Risk management services
• Corporate transaction advisory

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

Pricing tiers

Distribution channels2 records

Marketing channels1 record

Core offering

Vanguard AML is a BSEC-licensed asset management company that manages one open-end and two closed-end mutual funds spanning equity, balanced, and debt or money-market exposure. It also provides corporate transaction advisory covering mergers and acquisitions, private equity, syndicated finance, joint ventures, divestitures, restructurings, and capital raising.

Product overview

Vanguard AML operates as a diversified asset management company offering two primary product lines: (1) Mutual Fund Management encompassing three distinct funds - Vanguard AML Growth Fund (open-end growth-oriented), Vanguard AML BD Finance Mutual Fund One (closed-end, undergoing conversion), and Vanguard AML Rupali Bank Balanced Fund (closed-end balanced); and (2) Corporate Advisory Services providing M&A advisory, private equity, syndicated finance, and joint venture transaction advisory. The company manages funds across the risk-return spectrum including equity funds, balanced funds, and debt/money market oriented funds, serving institutional, intermediary, and individual investors in Bangladesh.

Differentiator

Problem solved

Functional benefit

Brands

• Vanguard AML Growth Fund: Open-end growth fund focused on long-term capital appreciation
• Vanguard AML BD Finance Mutual Fund One
• Vanguard AML Rupali Bank Balanced Fund

Products and services

• Vanguard AML Growth Fund An open-end growth fund aimed at long-term capital appreciation by investing in capital-market and money-market instruments to provide attractive risk-adjusted returns.
• Vanguard AML BD Finance Mutual Fund One A closed-end mutual fund managed by Vanguard AML that provides capital-market investment opportunities and is undergoing a conversion process after the fund matured.
• Vanguard AML Rupali Bank Balanced Fund A closed-end balanced mutual fund sponsored by Rupali Bank that provides diversified exposure to equity and debt instruments in the Bangladesh capital market.
• Merger & Acquisition Advisory Strategic advisory for company acquisitions and sales in Bangladesh, including target identification, due diligence, valuation, negotiation, and end-to-end deal coordination across industries.
• Private Equity Private equity investment advisory combining traditional buyout investing with distressed-asset opportunities, including working capital for expansion, new-product development, and operational restructuring.
• Syndicated Finance Advisory for large financing arrangements structured and administered through commercial or investment banks, including local- and foreign-currency term loans, syndicated loans, project finance, infrastructure finance, and asset- or mortgage-backed securitization.
• Joint Venture Advisory Transaction advisory for joint ventures, including deal-structure development, alternative-option screening, partner evaluation, governance and financial-term design, risk assessment, and negotiation support.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Investment Corporation of Bangladesh (ICB)coreOthersICB serves as Trustee and Custodian for Vanguard AML Growth Fund, providing independent oversight and safekeeping of fund assets as required by Bangladesh securities regulations
• Bangladesh Finance and Investment Company LimitedminorOthersBangladesh Finance and Investment Company Limited is a Sponsor for Vanguard AML BD Finance Mutual Fund One, holding 1.92% shareholding as of December 2025
• Rupali Bank Ltd.minorOthersRupali Bank Ltd. is a Sponsor for Vanguard AML Rupali Bank Balanced Fund, holding 25.2% shareholding as of June 2026

Recent moves5 records

Expansion highlights3 records

Direct peers

• IDLC Asset Management Limited: One of Bangladesh's largest AMCs, managing multiple open-end and closed-end mutual funds across equity, balanced, and money-market strategies, serving individual and institutional investors - directly comparable to Vanguard AML's core mutual fund management business.
• BRAC EPL Investments (BRAC Asset Management): Bangladesh-based asset management arm managing multiple mutual funds and providing portfolio management/advisory services. Comparable in scale range and product breadth (equity, balanced, income funds) to Vanguard AML.
• EBL Asset Management Limited: Eastern Bank subsidiary AMC operating open-end and closed-end mutual funds in Bangladesh, providing portfolio management to retail and institutional clients - directly comparable business model and regulatory standing.
• AIMS Asset Management Limited: Bangladesh AMC managing multiple open-end and closed-end mutual funds across growth, balanced, and income strategies for individual and institutional investors. Directly comparable mid-sized domestic competitor.
• LR Global Bangladesh Asset Management: Bangladesh-based AMC managing a diversified mutual fund product suite (equity, balanced, income). Comparable operating profile and target customer segments to Vanguard AML.
• LankaBangla Asset Management: Subsidiary of LankaBangla Securities, this Bangladesh AMC manages multiple mutual fund products and provides portfolio management services to retail and institutional clients - directly comparable peer in mutual fund and advisory services.
• CIPL (CAPM) Asset Management: Capital & Asset Portfolio Management, a Bangladesh-licensed AMC managing open-end and closed-end funds. Comparable mid-tier competitor with similar product strategy and target investor base.
• National Asset Management Limited: Bangladesh AMC managing multiple mutual fund products and providing asset management services to institutional and individual clients. Comparable domestic peer in product structure.
• Shanta Asset Management Limited: Bangladesh-licensed AMC managing mutual funds across equity and balanced strategies. Comparable peer in terms of regulatory framework, fund structures, and customer segments.

Others

• Investment Corporation of Bangladesh (ICB): State-owned investment corporation that is both a peer (managing multiple mutual funds and unit funds) and a service provider (Trustee/Custodian for Vanguard AML Growth Fund). Relevant as ecosystem participant rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

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 vanguard aml