Bandhan ELSS Tax saver Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹174.0850 | +0.29% | — | — | — |
| Regular Growth | ₹150.2140 | +0.20% | +0.20% | +12.89% | +13.96% |
| Direct IDCW | ₹40.2860 | +0.29% | — | — | — |
| Regular IDCW | ₹30.3400 | +0.20% | — | — | — |
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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan ELSS Tax saver Fund hold?
Bandhan ELSS Tax saver Fund holds 64 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.76% of NAV.
What is the largest holding in Bandhan ELSS Tax saver Fund?
The largest position in Bandhan ELSS Tax saver Fund is HDFC Bank Limited, accounting for 7.11% of NAV in the Banks sector.
Is Bandhan ELSS Tax saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.463, Bandhan ELSS Tax saver Fund is moderately concentrated. The HHI concentration index is 27,761 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.76% of the portfolio.
What is the market cap allocation of Bandhan ELSS Tax saver Fund?
Based on SEBI's AMFI classification, Bandhan ELSS Tax saver Fund's equity portfolio is split as: Large Cap: 63.10%, Mid Cap: 14.68%, Small Cap: 12.64%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan ELSS Tax saver Fund invest in most?
Bandhan ELSS Tax saver Fund has the highest allocation to Banks (23.90%), Petroleum Products (6.91%), IT - Software (6.75%). The fund is invested across 31 sectors in total.
How actively managed is Bandhan ELSS Tax saver Fund compared to other ELSS - Tax Saver Fund funds?
Bandhan ELSS Tax saver Fund has an Active Share of 58.24%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bandhan ELSS Tax saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan ELSS Tax saver Fund added 6 new stocks (including Samvardhana Motherson International Limited) and exited 3 stocks (including Wipro Limited). Total holding count increased from 63 to 66 stocks.