Bandhan Aggressive Hybrid Fund
Bandhan Mutual Fund·Aggressive Hybrid Fund·vs Nifty 500 TRI
The fund maintains an aggressive equity tilt of 78% with concentrated conviction in banking stocks, which now represent over 16% of the portfolio. Recent portfolio churn reveals a tactical shift toward selective small-caps and infrastructure plays like Talwandi Sabo Power and JSW Steel, while trimming exposure to IT and consumer sectors. This repositioning suggests the manager is betting on cyclical recovery and domestic demand momentum over growth stability.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹26.2330 | +0.50% | -2.53% | -2.61% | +5.77% | +14.12% | +12.65% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
95
Top 5 Weight
25.31%
Top 10 Weight
38.73%
Active Share
—
Large Cap
54.60%
Gini
0.484
What Changed2026-03-31 → 2026-04-30
Holdings: 99 → 97+12 added−14 removed41 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Nestle India Limited | 0.31% |
| ^^Talwandi Sabo Power Limited | 0.28% |
| ^^Vedanta Aluminium Metal Limited | 0.28% |
| ^^Malco Energy Limited | 0.28% |
| ^^Vedanta Iron And Steel Limited | 0.28% |
| 6.68% GOI (MD 07/07/2040) | 1.60% |
| 6.85% National Bank For Agriculture and Rural Development | 3.83% |
| 7.27% National Bank For Agriculture and Rural Development ** | 1.29% |
| 7.7% REC Limited ** | 0.52% |
| 7.62% National Bank For Agriculture and Rural Development ** | 0.26% |
| Sundaram Finance Limited ** | 1.23% |
| Triparty Repo TRP_040526 | 1.74% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 6.66% Small Industries Dev Bank of India ** INE556F08KZ3 | 7.39% |
| 2 | ICICI Bank Limited INE090A01021 | 5.63% |
| 3 | HDFC Bank Limited INE040A01034 | 4.58% |
| 4 | Reliance Industries Limited INE002A01018 | 3.88% |
| 5 | 6.85% National Bank For Agriculture and Rural Development INE261F08EQ2 | 3.83% |
| 6 | NTPC Limited INE733E01010 | 3.83% |
| 7 | State Bank of India INE062A01020 | 2.95% |
| 8 | Infosys Limited INE009A01021 | 2.58% |
| 9 | Larsen & Toubro Limited INE018A01030 | 2.03% |
| 10 | JSW Steel Limited INE019A01038 | 2.03% |
| 11 | Eternal Limited INE758T01015 | 1.92% |
| 12 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.77% |
| 13 | Triparty Repo TRP_040526 | 1.74% |
| 14 | Axis Bank Limited INE238A01034 | 1.74% |
| 15 | UltraTech Cement Limited INE481G01011 | 1.71% |
| 16 | Mahindra & Mahindra Limited INE101A01026 | 1.68% |
| 17 | Bajaj Finserv Limited INE918I01026 | 1.61% |
| 18 | Bharti Airtel Limited INE397D01024 | 1.61% |
| 19 | 6.68% GOI (MD 07/07/2040) IN0020250042 | 1.60% |
| 20 | Titan Company Limited INE280A01028 | 1.42% |
Sector Allocation
Banks16.3%
CRISIL AAA10.7%
Pharmaceuticals & Biotechnology4.6%
Power4.4%
Petroleum Products4.2%
IT - Software3.9%
ICRA AAA3.8%
Automobiles3.8%
Finance3.6%
SOVEREIGN3.1%
Top 10 sectors by % to NAV. Excludes derivatives.