Bandhan Large Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹86.8010 | -1.44% | — | — | — |
| Regular Growth | ₹74.8610 | -1.53% | -0.72% | +13.47% | +12.70% |
| Direct IDCW | ₹27.3220 | -1.44% | — | — | — |
| Regular IDCW | ₹20.6350 | -1.53% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan Large Cap Fund hold?
Bandhan Large Cap Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.42% of NAV.
What is the largest holding in Bandhan Large Cap Fund?
The largest position in Bandhan Large Cap Fund is ICICI Bank Limited, accounting for 7.90% of NAV in the Banks sector.
Is Bandhan Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.488, Bandhan Large Cap Fund is moderately concentrated. The HHI concentration index is 31,382 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.42% of the portfolio.
What is the market cap allocation of Bandhan Large Cap Fund?
Based on SEBI's AMFI classification, Bandhan Large Cap Fund's equity portfolio is split as: Large Cap: 81.10%, Mid Cap: 7.79%, Small Cap: 8.25%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan Large Cap Fund invest in most?
Bandhan Large Cap Fund has the highest allocation to Banks (24.07%), Petroleum Products (6.78%), IT - Software (6.70%). The fund is invested across 31 sectors in total.
How actively managed is Bandhan Large Cap Fund compared to other Large Cap Fund funds?
Bandhan Large Cap Fund has an Active Share of 37.04%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bandhan Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan Large Cap Fund added 7 new stocks (including MTAR Technologies Limited) and exited 3 stocks (including Mphasis Limited). Total holding count increased from 70 to 74 stocks.