Bandhan Large & Mid Cap Fund
The manager is rotating aggressively toward domestic cyclicals and consumption, evidenced by fresh positions in retail (Trent), industrials (KSB, M&M), and infrastructure while trimming tech heavyweights like Infosys and Wipro. Banking dominance at 13.5% reflects confidence in rate-sensitive plays, though the heavy portfolio churn and modest cash buffer suggest tactical opportunism rather than conviction-driven holding. April's strong performance likely fueled this aggressive rebalancing toward value and cyclical recovery themes.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹162.2350 | +1.73% | — | — | — |
| Regular Growth | ₹137.8750 | +1.64% | +6.33% | +22.44% | +19.08% |
| Direct IDCW | ₹36.0910 | +1.73% | — | — | — |
| Regular IDCW | ₹27.2680 | +1.64% | — | — | — |
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 |
|---|---|
| Multi Commodity Exchange of India Limited | 1.93% |
| KSB Limited | 0.63% |
| Trent Limited | 0.49% |
| Power Grid Corporation of India Limited | 0.48% |
| Mahindra & Mahindra Limited | 0.46% |
| Engineers India Limited | 0.44% |
| Hitachi Energy India Limited | 0.40% |
| Ashok Leyland Limited | 0.37% |
| KEI Industries Limited | 0.35% |
| Schaeffler India Limited | 0.32% |
| Dr. Reddy's Laboratories Limited | 0.28% |
| Coforge Limited | 0.18% |
| Avenue Supermarts Limited | 0.17% |
| Vedanta Limited | 0.16% |
| Bosch Limited | 0.14% |
| V2 Retail Limited | 0.11% |
| Powerica Limited | 0.07% |
| ^^Talwandi Sabo Power Limited | 0.07% |
| ^^Vedanta Aluminium Metal Limited | 0.07% |
| ^^Malco Energy Limited | 0.07% |
| ^^Vedanta Iron And Steel Limited | 0.07% |
| ^^Onemi Technology Solutions Limited | 0.07% |
| Triparty Repo TRP_040526 | 4.41% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Triparty Repo TRP_040526 | 4.41% |
| 2 | HDFC Bank Limited INE040A01034 | 3.85% |
| 3 | One 97 Communications Limited INE982J01020 | 2.61% |
| 4 | Axis Bank Limited INE238A01034 | 2.31% |
| 5 | ICICI Bank Limited INE090A01021 | 2.15% |
| 6 | Reliance Industries Limited INE002A01018 | 2.13% |
| 7 | HDFC Asset Management Company Limited INE127D01025 | 2.12% |
| 8 | Bharat Heavy Electricals Limited INE257A01026 | 2.09% |
| 9 | ICICI Lombard General Insurance Company Limited INE765G01017 | 2.04% |
| 10 | Kotak Mahindra Bank Limited INE237A01036 | 2.02% |
| 11 | State Bank of India INE062A01020 | 1.98% |
| 12 | LIC Housing Finance Limited INE115A01026 | 1.97% |
| 13 | Multi Commodity Exchange of India Limited INE745G01043 | 1.93% |
| 14 | NTPC Limited INE733E01010 | 1.76% |
| 15 | Larsen & Toubro Limited INE018A01030 | 1.61% |
| 16 | General Insurance Corporation of India INE481Y01014 | 1.47% |
| 17 | Jindal Steel Limited INE749A01030 | 1.45% |
| 18 | Bharti Airtel Limited INE397D01024 | 1.43% |
| 19 | Eternal Limited INE758T01015 | 1.40% |
| 20 | InterGlobe Aviation Limited INE646L01027 | 1.35% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan Large & Mid Cap Fund hold?
Bandhan Large & Mid Cap Fund holds 124 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 13.05% of NAV.
What is the largest holding in Bandhan Large & Mid Cap Fund?
The largest position in Bandhan Large & Mid Cap Fund is Triparty Repo TRP_040526, accounting for 4.41% of NAV.
Is Bandhan Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.430, Bandhan Large & Mid Cap Fund is well-diversified. The HHI concentration index is 12,412 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 13.05% of the portfolio.
What is the market cap allocation of Bandhan Large & Mid Cap Fund?
Based on SEBI's AMFI classification, Bandhan Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 36.81%, Mid Cap: 34.12%, Small Cap: 18.70%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan Large & Mid Cap Fund invest in most?
Bandhan Large & Mid Cap Fund has the highest allocation to Banks (13.55%), Pharmaceuticals & Biotechnology (8.26%), Finance (6.03%). The fund is invested across 42 sectors in total.
How actively managed is Bandhan Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
Bandhan Large & Mid Cap Fund has an Active Share of 55.60%, classifying it as "Active Stock Picker" among 33 Large & Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bandhan Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan Large & Mid Cap Fund added 23 new stocks (including Multi Commodity Exchange of India Limited) and exited 12 stocks (including Wipro Limited). Total holding count increased from 115 to 126 stocks.