Bandhan Midcap Fund
Bandhan Mutual Fund·Mid Cap Fund·vs Nifty Midcap 150 TRI
Bandhan Midcap Fund is tilted toward infrastructure and consumer discretionary plays, with electrical equipment and retailing collectively representing nearly 18 percent of the portfolio. The manager has added defensive rotation through banks and capital markets while trimming pharma exposure, suggesting cautious conviction about cyclical recovery over near-term momentum. With top-10 holdings at 30 percent and selective portfolio churn—replacing earlier repo positions—the strategy reflects tactical rebalancing rather than structural conviction shifts.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹17.4680 | +4.09% | +2.01% | -1.87% | +7.05% | +19.71% | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
81
Top 5 Weight
16.22%
Top 10 Weight
27.61%
Active Share
—
Large Cap
16.87%
Gini
0.376
What Changed2026-03-31 → 2026-04-30
Holdings: 83 → 83+3 added−3 removed31 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Radico Khaitan Limited | 0.31% |
| Ashok Leyland Limited | 0.27% |
| Triparty Repo TRP_040526 | 4.75% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Triparty Repo TRP_040526 | 4.75% |
| 2 | GE Vernova T&D India Limited INE200A01026 | 4.11% |
| 3 | The Federal Bank Limited INE171A01029 | 3.12% |
| 4 | Apar Industries Limited INE372A01015 | 3.06% |
| 5 | Fortis Healthcare Limited INE061F01013 | 2.97% |
| 6 | Vishal Mega Mart Limited INE01EA01019 | 2.96% |
| 7 | Cummins India Limited INE298A01020 | 2.49% |
| 8 | Persistent Systems Limited INE262H01021 | 2.27% |
| 9 | BSE Limited INE118H01025 | 2.25% |
| 10 | PB Fintech Limited INE417T01026 | 2.22% |
| 11 | L&T Finance Limited INE498L01015 | 2.16% |
| 12 | Prestige Estates Projects Limited INE811K01011 | 2.12% |
| 13 | CG Power and Industrial Solutions Limited INE067A01029 | 2.03% |
| 14 | IPCA Laboratories Limited INE571A01038 | 1.99% |
| 15 | Indian Bank INE562A01011 | 1.98% |
| 16 | KEI Industries Limited INE878B01027 | 1.91% |
| 17 | UNO Minda Limited INE405E01023 | 1.79% |
| 18 | Sai Life Sciences Limited INE570L01029 | 1.73% |
| 19 | Solar Industries India Limited INE343H01029 | 1.67% |
| 20 | Torrent Power Limited INE813H01021 | 1.66% |
Sector Allocation
Electrical Equipment10.0%
Retailing9.0%
Pharmaceuticals & Biotechnology7.8%
Industrial Products7.5%
Banks7.3%
Healthcare Services6.2%
Capital Markets5.7%
Auto Components4.7%
Chemicals & Petrochemicals3.5%
Industrial Manufacturing3.3%
Top 10 sectors by % to NAV. Excludes derivatives.