Bandhan Conservative Hybrid Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹36.2789 | -0.91% | — | — | — |
| Regular Growth | ₹32.1516 | -0.99% | -0.02% | +6.27% | +5.42% |
| Direct IDCW | ₹13.1038 | -1.42% | — | — | — |
| Regular IDCW | ₹11.1158 | -1.49% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan Conservative Hybrid Fund hold?
Bandhan Conservative Hybrid Fund holds 24 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 37.09% of NAV.
What is the largest holding in Bandhan Conservative Hybrid Fund?
The largest position in Bandhan Conservative Hybrid Fund is Bandhan Nifty 50 ETF, accounting for 11.48% of NAV.
Is Bandhan Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.401, Bandhan Conservative Hybrid Fund is well-diversified. The HHI concentration index is 49,702 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 37.09% of the portfolio.
What is the market cap allocation of Bandhan Conservative Hybrid Fund?
Based on SEBI's AMFI classification, Bandhan Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 11.02%, Mid Cap: 1.40%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan Conservative Hybrid Fund invest in most?
Bandhan Conservative Hybrid Fund has the highest allocation to SOVEREIGN (24.42%), CRISIL AAA (20.44%), CRISIL AA+ (9.27%). The fund is invested across 13 sectors in total.
How actively managed is Bandhan Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
Bandhan Conservative Hybrid Fund has an Active Share of 84.27%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Bandhan Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan Conservative Hybrid Fund added 2 new stocks (including 6.68% GOI (MD 07/07/2040)) and exited 2 stocks (including 8.97% Muthoot Finance Limited **). Total holding count remained at 26 stocks.