Bandhan Conservative Hybrid Fund
Bandhan Mutual Fund·Conservative Hybrid Fund·vs Peer Median
Bandhan Conservative Hybrid is positioned defensively through heavy sovereign and AAA-rated debt allocation, with modest equity exposure via a Nifty 50 ETF. The portfolio shows concentrated conviction in government securities and financial instruments, with recent substitution of an expired repo suggesting tactical liquidity management rather than strategic repositioning. The slight negative monthly return reflects a cautious stance that prioritizes capital preservation over growth, appropriate for conservative investors seeking steady income.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹36.2458 | -0.43% | — | — | — | — | — |
| Regular Growth | ₹32.1232 | -0.51% | -1.48% | -1.11% | +0.34% | +6.33% | +5.40% |
| Direct IDCW | ₹13.0918 | -0.94% | — | — | — | — | — |
| Regular IDCW | ₹11.1060 | -1.01% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
24
Top 5 Weight
37.09%
Top 10 Weight
62.67%
Active Share
—
Large Cap
11.02%
Gini
0.401
What Changed2026-03-31 → 2026-04-30
Holdings: 26 → 26+2 added−2 removed12 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 6.68% GOI (MD 07/07/2040) | 7.25% |
| Triparty Repo TRP_040526 | 10.38% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bandhan Nifty 50 ETF INF194KA1U07 | 11.48% |
| 2 | Triparty Repo TRP_040526 | 10.38% |
| 3 | 7.3% GOI (MD 19/06/2053) IN0020230051 | 7.93% |
| 4 | 6.68% GOI (MD 07/07/2040) IN0020250042 | 7.25% |
| 5 | 8.57% Rajasthan SDL (MD 11/07/2028) IN2920180139 | 5.28% |
| 6 | 8.4% Godrej Industries Limited ** INE233A08113 | 5.15% |
| 7 | 7.77% REC Limited ** INE020B08EH0 | 5.15% |
| 8 | 8.12% Kotak Mahindra Prime Limited ** INE916DA7SU4 | 5.15% |
| 9 | 7.7% National Bank For Agriculture and Rural Development ** INE261F08EI9 | 5.14% |
| 10 | 7.75% LIC Housing Finance Limited ** INE115A07MQ6 | 5.13% |
| 11 | 6.66% Small Industries Dev Bank of India ** INE556F08KZ3 | 5.01% |
| 12 | 8.5% Godrej Housing Finance Limited ** INE02JD07033 | 4.12% |
| 13 | 8.1% Aadhar Housing Finance Limited ** INE883F07397 | 4.08% |
| 14 | 8.28% GOI (M/D 21/09/2027) IN0020070069 | 2.71% |
| 15 | Titan Company Limited INE280A01028 | 2.47% |
| 16 | TVS Motor Company Limited INE494B01023 | 2.15% |
| 17 | Net Current Assets | 1.90% |
| 18 | Tata Consultancy Services Limited INE467B01029 | 1.79% |
| 19 | HDFC Bank Limited INE040A01034 | 1.74% |
| 20 | UNO Minda Limited INE405E01023 | 1.40% |
Sector Allocation
SOVEREIGN24.4%
CRISIL AAA20.4%
CRISIL AA+9.3%
ICRA AAA5.1%
CARE AA+4.1%
Automobiles2.8%
Consumer Durables2.5%
IT - Software1.8%
Banks1.7%
Auto Components1.4%
Top 10 sectors by % to NAV. Excludes derivatives.