Bandhan Balanced Advantage Fund
Bandhan Balanced Advantage has shifted decisively toward equities at 67%, betting on sustained market strength while anchoring downside with quality government bonds. The manager is rotating away from IT and defensive sectors like energy, pivoting instead toward banks, financials, and consumption plays—signaling conviction in domestic economic resilience and credit growth. The aggressive reduction in cash and near-term liquidity suggests confidence in near-term market direction, though concentration in top-10 holdings at 32% warrants monitoring for volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹24.4030 | -0.21% | +2.08% | +9.60% | +8.29% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Adani Ports and Special Economic Zone Limited | 0.51% |
| Jio Financial Services Limited | 0.46% |
| Britannia Industries Limited | 0.29% |
| Indus Towers Limited | 0.14% |
| Union Bank of India | 0.11% |
| Grasim Industries Limited | 0.10% |
| ICICI Prudential Life Insurance Company Limited | 0.07% |
| Hindustan Zinc Limited | 0.07% |
| Orchid Pharma Limited | 0.01% |
| ^^Talwandi Sabo Power Limited | 0.14% |
| ^^Vedanta Aluminium Metal Limited | 0.14% |
| ^^Malco Energy Limited | 0.14% |
| ^^Vedanta Iron And Steel Limited | 0.14% |
| 6.9% GOI (MD 15/04/2065) | 1.03% |
| 7.9% HDFC Bank Limited ** | 0.45% |
| Punjab National Bank | 2.21% |
| Indian Bank ** | 0.68% |
| Union Bank of India ** | 0.44% |
| Punjab National Bank | 0.43% |
| Sundaram Finance Limited ** | 2.14% |
| Triparty Repo TRP_040526 | 2.21% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 4.38% |
| 2 | Bharti Airtel Limited INE397D01024 | 3.43% |
| 3 | 91 Days Tbill (MD 14/05/2026) IN002025X455 | 3.39% |
| 4 | 6.68% GOI (MD 07/07/2040) IN0020250042 | 3.37% |
| 5 | Bajaj Finance Limited INE296A01032 | 3.29% |
| 6 | HDFC Bank Limited INE040A01034 | 3.17% |
| 7 | ICICI Bank Limited INE090A01021 | 3.16% |
| 8 | Mahindra & Mahindra Limited INE101A01026 | 3.08% |
| 9 | Larsen & Toubro Limited INE018A01030 | 2.30% |
| 10 | Triparty Repo TRP_040526 | 2.21% |
| 11 | Canara Bank ** INE476A16I18 | 2.21% |
| 12 | Punjab National Bank INE160A16UT0 | 2.21% |
| 13 | HDFC Bank Limited ** INE040A16HU9 | 2.18% |
| 14 | Bank of Baroda ** INE028A16KO1 | 2.17% |
| 15 | Small Industries Dev Bank of India ** INE556F16CC2 | 2.14% |
| 16 | Sundaram Finance Limited ** INE660A14YX8 | 2.14% |
| 17 | Axis Bank Limited INE238A01034 | 1.92% |
| 18 | State Bank of India INE062A01020 | 1.65% |
| 19 | Kotak Mahindra Bank Limited INE237A01036 | 1.65% |
| 20 | Varun Beverages Limited INE200M01039 | 1.43% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan Balanced Advantage Fund hold?
Bandhan Balanced Advantage Fund holds 132 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 17.86% of NAV.
What is the largest holding in Bandhan Balanced Advantage Fund?
The largest position in Bandhan Balanced Advantage Fund is Reliance Industries Limited, accounting for 4.38% of NAV in the Petroleum Products sector.
Is Bandhan Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.532, Bandhan Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 17,142 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 17.86% of the portfolio.
What is the market cap allocation of Bandhan Balanced Advantage Fund?
Based on SEBI's AMFI classification, Bandhan Balanced Advantage Fund's equity portfolio is split as: Large Cap: 44.83%, Mid Cap: 10.27%, Small Cap: 8.82%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan Balanced Advantage Fund invest in most?
Bandhan Balanced Advantage Fund has the highest allocation to Banks (13.79%), SOVEREIGN (9.95%), CRISIL A1+ (8.62%). The fund is invested across 50 sectors in total.
How actively managed is Bandhan Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Bandhan Balanced Advantage Fund has an Active Share of 58.10%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bandhan Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan Balanced Advantage Fund added 21 new stocks (including Adani Ports and Special Economic Zone Limited) and exited 11 stocks (including HCL Technologies Limited). Total holding count increased from 124 to 134 stocks.