Bandhan ELSS Tax saver Fund
Bandhan Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
Bandhan ELSS maintains a concentrated large-cap tilt with banks dominating at nearly 24 percent, reflecting conviction in financials and stability over growth. Recent portfolio reshuffling—adding cyclicals like power and metals while trimming pharma and exiting IT—suggests the manager is rotating toward economic recovery plays, signaling increased appetite for value-oriented sectors. The modest cash buffer and steady April gains indicate disciplined positioning aligned with market recovery themes.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹172.4510 | +0.95% | — | — | — | — | — |
| Regular Growth | ₹148.8080 | +0.86% | -4.41% | -5.18% | +0.74% | +12.52% | +13.74% |
| Direct IDCW | ₹39.9080 | +0.95% | — | — | — | — | — |
| Regular IDCW | ₹30.0560 | +0.86% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
64
Top 5 Weight
27.76%
Top 10 Weight
41.57%
Active Share
—
Large Cap
63.10%
Gini
0.463
What Changed2026-03-31 → 2026-04-30
Holdings: 63 → 66+6 added−3 removed29 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Samvardhana Motherson International Limited | 0.18% |
| ^^Talwandi Sabo Power Limited | 0.25% |
| ^^Vedanta Aluminium Metal Limited | 0.25% |
| ^^Malco Energy Limited | 0.25% |
| ^^Vedanta Iron And Steel Limited | 0.25% |
| Triparty Repo TRP_040526 | 4.77% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 7.11% |
| 2 | Reliance Industries Limited INE002A01018 | 6.91% |
| 3 | ICICI Bank Limited INE090A01021 | 4.99% |
| 4 | Triparty Repo TRP_040526 | 4.77% |
| 5 | Kotak Mahindra Bank Limited INE237A01036 | 4.77% |
| 6 | Tata Consultancy Services Limited INE467B01029 | 3.98% |
| 7 | Axis Bank Limited INE238A01034 | 3.39% |
| 8 | Sterlite Technologies Limited INE089C01029 | 2.80% |
| 9 | Infosys Limited INE009A01021 | 2.77% |
| 10 | Maruti Suzuki India Limited INE585B01010 | 2.43% |
| 11 | Jindal Steel Limited INE749A01030 | 2.42% |
| 12 | Bharti Airtel Limited INE397D01024 | 2.35% |
| 13 | Nestle India Limited INE239A01024 | 2.13% |
| 14 | State Bank of India INE062A01020 | 2.11% |
| 15 | ITC Limited INE154A01025 | 2.07% |
| 16 | Avenue Supermarts Limited INE192R01011 | 2.01% |
| 17 | Mahindra & Mahindra Financial Services Limited INE774D01024 | 1.93% |
| 18 | Titan Company Limited INE280A01028 | 1.92% |
| 19 | Poonawalla Fincorp Limited INE511C01022 | 1.77% |
| 20 | Dr. Reddy's Laboratories Limited INE089A01031 | 1.65% |
Sector Allocation
Banks23.9%
Petroleum Products6.9%
IT - Software6.8%
Pharmaceuticals & Biotechnology6.5%
Finance6.1%
Retailing3.6%
Automobiles3.4%
Insurance3.1%
Ferrous Metals2.9%
Telecom - Equipment & Accessories2.8%
Top 10 sectors by % to NAV. Excludes derivatives.