What stocks does BANDHAN ELSS Tax Saver Fund hold?

BANDHAN ELSS Tax Saver Fund holds a portfolio of Indian equity stocks disclosed monthly by Bandhan Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages BANDHAN ELSS Tax Saver Fund?

BANDHAN ELSS Tax Saver Fund is managed by Bandhan Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is BANDHAN ELSS Tax Saver Fund?

BANDHAN ELSS Tax Saver Fund is classified as a ELSS mutual fund under SEBI's mutual fund categorisation framework.

How often is BANDHAN ELSS Tax Saver Fund portfolio data updated?

Portfolio holdings for BANDHAN ELSS Tax Saver Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Bandhan Mutual Fund

BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth

ELSS Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹6,268.71 Cr

Equity only, excl. debt & cash

AAUM

₹6,691.79 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

30.5%

Moderate

Top 10 Weight

44.2%

Moderate

Changes

1 new · 4 exits

Top Sector

Banks

24.9% of portfolio

Launch Date

01 Dec 2008

10+ year track record

AAUM (Average Assets Under Management) of ₹6,691.79 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month BANDHAN ELSS Tax Saver Fund made 1 new addition and exited 4 stocks this month. The biggest new buy was RHI Magnesita India Limited (Industrial Products) at 0.26% weight. Bosch Limited was the biggest exit (Auto Components), which was held at 0.54%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 8.43% of the portfolio. Tata Consultancy Services Limited was trimmed the most, now at 3.89%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 24.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth

-2.77%

-4.59%

-2.20%

-5.12%

Latest NAV

₹170.38

23 Oct 2026

52W High

₹184.86

-8% from High

52W Low

₹159.42

+7% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+9.2%

2024

+14.4%

2023

+29.8%

2022

+5.5%

2021

+50.9%

2020

+20.0%

2019

+3.3%

2018

-8.3%

2017

+55.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

19.2%

+ve in 83% windows

120.3% / -36.4%

3Y Rolling Avg

17.6% p.a.

+ve in 96% windows

44.5% / -6.4%

5Y Rolling Avg

19.5% p.a.

+ve in 100% windows

35.0% / 10.7%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-17.4%

Rec: Jan 2026 (1yr 2mo)

COVID-19 Crash

-39.4%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-17.6%

Rec: Nov 2022 (7 mo)

2018 IL&FS

-15.1%

Rec: Nov 2020 (3yr)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.14

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.20

Penalises downside volatility only.

Std Deviation (3Y)

12.5%

Lower = more consistent returns.

NAV Chart ₹170.38 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹170.38

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	23.8%	24.4%	▲ +0.6%
IT - Software	7.3%	7.5%	▲ +0.2%
Pharmaceuticals & Biotechnology	6.8%	7.0%	▲ +0.2%
Finance	7.1%	6.6%	▼ -0.5%
Petroleum Products	6.4%	6.2%	▼ -0.1%
Insurance	3.7%	5.0%	▲ +1.3%
Automobiles	3.9%	3.8%	● -0.1%
Retailing	3.7%	3.7%	● +0.1%
Diversified FMCG	3.5%	3.7%	▲ +0.2%
Construction	2.8%	2.8%	● +0.0%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	24.4%	24.9%	▲ +0.5%
Pharmaceuticals & Biotechnology	7.0%	7.1%	▲ +0.2%
IT - Software	7.5%	6.9%	▼ -0.6%
Finance	6.6%	6.3%	▼ -0.3%
Petroleum Products	6.2%	6.1%	▼ -0.1%
Insurance	5.0%	5.6%	▲ +0.7%
Diversified FMCG	3.7%	4.2%	▲ +0.5%
Automobiles	3.8%	3.8%	● +0.0%
Retailing	3.7%	3.7%	● -0.1%
Construction	2.8%	2.7%	● -0.1%

🟢

Biggest New Buy

RHI Magnesita India Limited

0.26% weight · Industrial Products

🔴

Biggest Exit

Bosch Limited

0.54% was held · Auto Components

↑

Biggest Add

HDFC Bank Limited

+0.69% · now 8.43%

↓

Biggest Trim

Tata Consultancy Services Limited

-0.42% · now 3.89%

🤝 Other funds also bought this month

RHI Magnesita India Limited 8 funds

👋 Other funds also exited

DLF Limited 25 funds

Britannia Industries Limited 20 funds

Nestle India Limited 18 funds

Bosch Limited 10 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 4 Exits ↑ 25 Increased ↓ 26 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	RHI Magnesita India Limited ₹17.32 Cr	Industrial Products	0.26%

#	Stock	Sector	Last Weight (Aug 2026)
1	Bosch Limited ₹37.50 Cr	Auto Components	0.54%
2	DLF Limited ₹34.55 Cr	Realty	0.50%
3	Nestle India Limited ₹14.97 Cr	Food Products	0.21%
4	Britannia Industries Limited ₹13.13 Cr	Food Products	0.19%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹556.33 Cr	Banks	7.74%	8.43%	+0.69%
2	ICICI Lombard General Insurance Company Limited ₹147.08 Cr	Insurance	1.74%	2.23%	+0.49%
3	HDFC Life Insurance Company Limited ₹161.57 Cr	Insurance	2.03%	2.45%	+0.42%
4	ITC Limited ₹170.79 Cr	Diversified FMCG	2.27%	2.59%	+0.32%
5	Kotak Mahindra Bank Limited ₹437.85 Cr	Banks	6.32%	6.64%	+0.32%
6	Dr. Reddy's Laboratories Limited ₹123.30 Cr	Pharmaceuticals & Biotechnology	1.66%	1.87%	+0.21%
7	Bharti Airtel Limited ₹175.70 Cr	Telecom - Services	2.47%	2.66%	+0.19%
8	NTPC Limited ₹64.55 Cr	Power	0.80%	0.98%	+0.18%
9	Hindustan Unilever Limited ₹103.35 Cr	Diversified FMCG	1.41%	1.57%	+0.16%
10	Emami Limited ₹58.75 Cr	Personal Products	0.81%	0.89%	+0.08%
11	Avenue Supermarts Limited ₹133.05 Cr	Retailing	1.96%	2.02%	+0.06%
12	Zensar Technologies Limited ₹10.55 Cr	IT - Software	0.10%	0.16%	+0.06%
13	Mahindra Lifespace Developers Limited ₹96.20 Cr	Realty	1.40%	1.46%	+0.06%
14	Oil & Natural Gas Corporation Limited ₹112.90 Cr	Oil	1.66%	1.71%	+0.05%
15	Aurobindo Pharma Limited ₹83.60 Cr	Pharmaceuticals & Biotechnology	1.23%	1.27%	+0.04%
16	Greenpanel Industries Limited ₹36.87 Cr	Consumer Durables	0.52%	0.56%	+0.04%
17	Hero MotoCorp Limited ₹78.62 Cr	Automobiles	1.17%	1.19%	+0.02%
18	The Ramco Cements Limited ₹59.19 Cr	Cement & Cement Products	0.88%	0.90%	+0.02%
19	Poonawalla Fincorp Limited ₹115.40 Cr	Finance	1.73%	1.75%	+0.02%
20	Sobha Limited ₹33.31 Cr	Realty	0.49%	0.51%	+0.02%
21	UltraTech Cement Limited ₹65.74 Cr	Cement & Cement Products	0.99%	1.00%	+0.01%
22	Cipla Limited ₹94.22 Cr	Pharmaceuticals & Biotechnology	1.42%	1.43%	+0.01%
23	GAIL (India) Limited ₹59.69 Cr	Gas	0.89%	0.90%	+0.01%
24	Jindal Steel Limited ₹130.51 Cr	Ferrous Metals	1.97%	1.98%	+0.01%
25	Vedanta Aluminium Metal Limited ₹24.77 Cr	Metals & Minerals Trading	0.37%	0.38%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Tata Consultancy Services Limited ₹256.33 Cr	IT - Software	4.31%	3.89%	-0.42%
2	IDFC First Bank Limited ₹97.73 Cr	Banks	1.73%	1.48%	-0.25%
3	Life Insurance Corporation Of India ₹63.40 Cr	Insurance	1.20%	0.96%	-0.24%
4	ICICI Bank Limited ₹356.86 Cr	Banks	5.64%	5.41%	-0.23%
5	Infosys Limited ₹188.88 Cr	IT - Software	3.09%	2.86%	-0.23%
6	Bajaj Finserv Limited ₹112.52 Cr	Finance	1.89%	1.71%	-0.18%
7	Mahindra & Mahindra Financial Services Limited ₹129.94 Cr	Finance	2.14%	1.97%	-0.17%
8	Reliance Industries Limited ₹403.58 Cr	Petroleum Products	6.23%	6.12%	-0.11%
9	Eternal Limited ₹86.40 Cr	Retailing	1.41%	1.31%	-0.10%
10	Titan Company Limited ₹80.27 Cr	Consumer Durables	1.28%	1.22%	-0.06%
11	United Breweries Limited ₹53.27 Cr	Beverages	0.86%	0.81%	-0.05%
12	GlaxoSmithKline Pharmaceuticals Limited ₹76.16 Cr	Pharmaceuticals & Biotechnology	1.20%	1.15%	-0.05%
13	Larsen & Toubro Limited ₹150.40 Cr	Construction	2.32%	2.28%	-0.04%
14	Sun Pharmaceutical Industries Limited ₹72.66 Cr	Pharmaceuticals & Biotechnology	1.14%	1.10%	-0.04%
15	Grasim Industries Limited ₹45.93 Cr	Cement & Cement Products	0.73%	0.70%	-0.03%
16	United Spirits Limited ₹94.75 Cr	Beverages	1.47%	1.44%	-0.03%
17	Bayer Cropscience Limited ₹64.93 Cr	Fertilizers & Agrochemicals	1.01%	0.98%	-0.03%
18	V-Mart Retail Limited ₹22.61 Cr	Retailing	0.37%	0.34%	-0.03%
19	Tata Motors Ltd ₹37.95 Cr	Agricultural, Commercial & Construction Vehicles	0.61%	0.58%	-0.03%
20	Axis Bank Limited ₹196.16 Cr	Banks	2.99%	2.97%	-0.02%
21	Deepak Nitrite Limited ₹15.30 Cr	Chemicals & Petrochemicals	0.25%	0.23%	-0.02%
22	KEC International Limited ₹30.22 Cr	Construction	0.48%	0.46%	-0.02%
23	Godrej Consumer Products Limited ₹42.50 Cr	Personal Products	0.65%	0.64%	-0.01%
24	Bharat Heavy Electricals Limited ₹20.78 Cr	Electrical Equipment	0.32%	0.31%	-0.01%
25	Mas Financial Services Limited ₹56.54 Cr	Finance	0.87%	0.86%	-0.01%
26	Sterlite Technologies Limited ₹95.54 Cr	Telecom - Equipment & Accessories	1.46%	1.45%	-0.01%

What Stocks Does This Fund Hold?

56 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹556.33 Cr	Banks	8.43%
2	Kotak Mahindra Bank Limited ₹437.85 Cr	Banks	6.64%
3	Reliance Industries Limited ₹403.58 Cr	Petroleum Products	6.12%
4	ICICI Bank Limited ₹356.86 Cr	Banks	5.41%
5	Tata Consultancy Services Limited ₹256.33 Cr	IT - Software	3.89%
6	Axis Bank Limited ₹196.16 Cr	Banks	2.97%
7	Infosys Limited ₹188.88 Cr	IT - Software	2.86%
8	Bharti Airtel Limited ₹175.70 Cr	Telecom - Services	2.66%
9	Maruti Suzuki India Limited ₹173.52 Cr	Automobiles	2.63%
10	ITC Limited ₹170.79 Cr	Diversified FMCG	2.59%
11	HDFC Life Insurance Company Limited ₹161.57 Cr	Insurance	2.45%
12	Larsen & Toubro Limited ₹150.40 Cr	Construction	2.28%
13	ICICI Lombard General Insurance Company Limited ₹147.08 Cr	Insurance	2.23%
14	Avenue Supermarts Limited ₹133.05 Cr	Retailing	2.02%
15	Jindal Steel Limited ₹130.51 Cr	Ferrous Metals	1.98%
16	Mahindra & Mahindra Financial Services Limited ₹129.94 Cr	Finance	1.97%
17	Dr. Reddy's Laboratories Limited ₹123.30 Cr	Pharmaceuticals & Biotechnology	1.87%
18	Poonawalla Fincorp Limited ₹115.40 Cr	Finance	1.75%
19	Bajaj Finserv Limited ₹112.52 Cr	Finance	1.71%
20	Oil & Natural Gas Corporation Limited ₹112.90 Cr	Oil	1.71%
21	Hindustan Unilever Limited ₹103.35 Cr	Diversified FMCG	1.57%
22	IDFC First Bank Limited ₹97.73 Cr	Banks	1.48%
23	Mahindra Lifespace Developers Limited ₹96.20 Cr	Realty	1.46%
24	Sterlite Technologies Limited ₹95.54 Cr	Telecom - Equipment & Accessories	1.45%
25	United Spirits Limited ₹94.75 Cr	Beverages	1.44%
26	Cipla Limited ₹94.22 Cr	Pharmaceuticals & Biotechnology	1.43%
27	Eternal Limited ₹86.40 Cr	Retailing	1.31%
28	Aurobindo Pharma Limited ₹83.60 Cr	Pharmaceuticals & Biotechnology	1.27%
29	Titan Company Limited ₹80.27 Cr	Consumer Durables	1.22%
30	Hero MotoCorp Limited ₹78.62 Cr	Automobiles	1.19%
31	GlaxoSmithKline Pharmaceuticals Limited ₹76.16 Cr	Pharmaceuticals & Biotechnology	1.15%
32	Sun Pharmaceutical Industries Limited ₹72.66 Cr	Pharmaceuticals & Biotechnology	1.10%
33	UltraTech Cement Limited ₹65.74 Cr	Cement & Cement Products	1.00%
34	Bayer Cropscience Limited ₹64.93 Cr	Fertilizers & Agrochemicals	0.98%
35	NTPC Limited ₹64.55 Cr	Power	0.98%
36	Life Insurance Corporation Of India ₹63.40 Cr	Insurance	0.96%
37	GAIL (India) Limited ₹59.69 Cr	Gas	0.90%
38	The Ramco Cements Limited ₹59.19 Cr	Cement & Cement Products	0.90%
39	Emami Limited ₹58.75 Cr	Personal Products	0.89%
40	Mas Financial Services Limited ₹56.54 Cr	Finance	0.86%
41	VRL Logistics Limited ₹55.10 Cr	Transport Services	0.84%
42	United Breweries Limited ₹53.27 Cr	Beverages	0.81%
43	Grasim Industries Limited ₹45.93 Cr	Cement & Cement Products	0.70%
44	Godrej Consumer Products Limited ₹42.50 Cr	Personal Products	0.64%
45	Tata Motors Ltd ₹37.95 Cr	Agricultural, Commercial & Construction Vehicles	0.58%
46	Greenpanel Industries Limited ₹36.87 Cr	Consumer Durables	0.56%
47	Sobha Limited ₹33.31 Cr	Realty	0.51%
48	KEC International Limited ₹30.22 Cr	Construction	0.46%
49	Vedanta Aluminium Metal Limited ₹24.77 Cr	Metals & Minerals Trading	0.38%
50	V-Mart Retail Limited ₹22.61 Cr	Retailing	0.34%
51	Lupin Limited ₹20.30 Cr	Pharmaceuticals & Biotechnology	0.31%
52	Bharat Heavy Electricals Limited ₹20.78 Cr	Electrical Equipment	0.31%
53	RHI Magnesita India Limited ₹17.32 Cr	Industrial Products	0.26%
54	EQ - YATRA ONLINE LTD. ₹16.98 Cr	Leisure Services	0.26%
55	Deepak Nitrite Limited ₹15.30 Cr	Chemicals & Petrochemicals	0.23%
56	Zensar Technologies Limited ₹10.55 Cr	IT - Software	0.16%