Bandhan Large Cap Fund
Bandhan Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
Bandhan Large Cap Fund remains heavily tilted toward banking and financial services, with nearly half its portfolio concentrated in the top ten holdings dominated by ICICI and HDFC Bank. Recent portfolio moves—adding energy and metals names while trimming Vedanta and exiting IT outsourcers—suggest the manager is rotating toward cyclical and commodity-linked stories, betting on domestic economic resilience over tech. The modest monthly return reflects a market pause, though the conviction shift signals tactical positioning for inflation and rate dynamics.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹85.9030 | -0.76% | — | — | — | — | — |
| Regular Growth | ₹74.0890 | -0.85% | -6.02% | -7.32% | -0.36% | +13.19% | +12.47% |
| Direct IDCW | ₹27.0390 | -0.76% | — | — | — | — | — |
| Regular IDCW | ₹20.4220 | -0.85% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
72
Top 5 Weight
30.42%
Top 10 Weight
46.52%
Active Share
—
Large Cap
81.10%
Gini
0.488
What Changed2026-03-31 → 2026-04-30
Holdings: 70 → 74+7 added−3 removed34 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| MTAR Technologies Limited | 0.31% |
| Honasa Consumer Limited | 0.31% |
| ^^Talwandi Sabo Power Limited | 0.39% |
| ^^Vedanta Aluminium Metal Limited | 0.39% |
| ^^Malco Energy Limited | 0.39% |
| ^^Vedanta Iron And Steel Limited | 0.39% |
| Triparty Repo TRP_040526 | 0.19% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 7.90% |
| 2 | HDFC Bank Limited INE040A01034 | 7.58% |
| 3 | Reliance Industries Limited INE002A01018 | 6.41% |
| 4 | Infosys Limited INE009A01021 | 4.29% |
| 5 | NTPC Limited INE733E01010 | 4.24% |
| 6 | State Bank of India INE062A01020 | 3.93% |
| 7 | Larsen & Toubro Limited INE018A01030 | 3.30% |
| 8 | Bharti Airtel Limited INE397D01024 | 3.13% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 2.88% |
| 10 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.86% |
| 11 | Axis Bank Limited INE238A01034 | 2.61% |
| 12 | Bajaj Finserv Limited INE918I01026 | 2.47% |
| 13 | Eternal Limited INE758T01015 | 2.15% |
| 14 | JSW Steel Limited INE019A01038 | 2.13% |
| 15 | Titan Company Limited INE280A01028 | 2.10% |
| 16 | Varun Beverages Limited INE200M01039 | 1.50% |
| 17 | SBI Life Insurance Company Limited INE123W01016 | 1.40% |
| 18 | One 97 Communications Limited INE982J01020 | 1.36% |
| 19 | Hindustan Unilever Limited INE030A01027 | 1.32% |
| 20 | Kotak Mahindra Bank Limited INE237A01036 | 1.29% |
Sector Allocation
Banks24.1%
Petroleum Products6.8%
IT - Software6.7%
Automobiles5.8%
Pharmaceuticals & Biotechnology5.7%
Power5.0%
Finance4.6%
Retailing4.2%
Consumer Durables4.1%
Construction3.3%
Top 10 sectors by % to NAV. Excludes derivatives.