What stocks does Bandhan Financial Services Fund hold?

Bandhan Financial Services 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 Financial Services Fund?

Bandhan Financial Services Fund is managed by Bandhan Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Bandhan Financial Services Fund?

Bandhan Financial Services Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Bandhan Financial Services Fund portfolio data updated?

Portfolio holdings for Bandhan Financial Services 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 Financial Services Fund

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

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Stocks Held

Sep 2026

Equity Holdings

₹1,031.39 Cr

Equity only, excl. debt & cash

AAUM

₹1,105.85 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

41.3%

High concentration

Top 10 Weight

54.8%

Moderate

Changes

4 new · 2 exits

Top Sector

Banks

52.2% of portfolio

Launch Date

10 Jul 2023

3 years old

AAUM (Average Assets Under Management) of ₹1,105.85 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 Financial Services Fund made 4 new additions and exited 2 stocks this month. The biggest new buy was IIFL Finance Limited (Finance) at 0.49% weight. OnEMI Technology Solutions Limited was the biggest exit (N.A.), which was held at 0.78%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 11.98% of the portfolio. PB Fintech Limited was trimmed the most, now at 0.38%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 52.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Bandhan Financial Services Fund

-5.57%

-7.86%

-3.41%

-8.02%

Latest NAV

₹14.46

23 Oct 2026

52W High

₹16.20

-11% from High

52W Low

₹13.40

+8% from Low

Calendar Year Returns

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

2025

+13.5%

2024

+20.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

14.5%

+ve in 93% windows

46.1% / -7.7%

3Y Rolling Avg

15.5% p.a.

+ve in 100% windows

17.7% / 12.6%

Crisis Period Behaviour

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

2024–25 Tariff

-12.7%

Rec: May 2025 (3 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

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

Sharpe Ratio (3Y)

0.35

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.50

Penalises downside volatility only.

Std Deviation (3Y)

15.6%

Lower = more consistent returns.

NAV Chart ₹14.46 23 Oct 2026

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

Bandhan Financial Services Fund

Chart shows indexed performance (base = 100). Actual NAV: ₹14.46

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	48.9%	50.4%	▲ +1.5%
Finance	26.0%	24.7%	▼ -1.2%
Capital Markets	9.4%	10.7%	▲ +1.2%
Insurance	8.8%	7.8%	▼ -1.0%
Financial Technology (Fintech)	3.6%	4.0%	▲ +0.4%
N.A.	0.8%	0.8%	● 0.0%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	50.4%	52.2%	▲ +1.8%
Finance	24.7%	24.9%	▲ +0.2%
Capital Markets	10.7%	10.7%	● +0.1%
Insurance	7.8%	7.5%	▼ -0.2%
Financial Technology (Fintech)	4.0%	3.3%	▼ -0.7%
N.A.	0.8%	0.0%	▼ -0.8%

🟢

Biggest New Buy

IIFL Finance Limited

0.49% weight · Finance

🔴

Biggest Exit

OnEMI Technology Solutions Limited

0.78% was held · N.A.

↑

Biggest Add

HDFC Bank Limited

+1.75% · now 11.98%

↓

Biggest Trim

PB Fintech Limited

-0.38% · now 0.38%

🤝 Other funds also bought this month

L&T Finance Limited 17 funds

IIFL Finance Limited 15 funds

SBI Cards and Payment Services Limited 12 funds

CreditAccess Grameen Limited 7 funds

👋 Other funds also exited

Aditya Birla Capital Limited 14 funds

OnEMI Technology Solutions Limited 7 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries 🔴 2 Exits ↑ 29 Increased ↓ 22 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	IIFL Finance Limited ₹5.08 Cr	Finance	0.49%
2	L&T Finance Limited ₹3.05 Cr	Finance	0.29%
3	SBI Cards and Payment Services Limited ₹2.31 Cr	Finance	0.22%
4	CreditAccess Grameen Limited ₹15.75 L	Finance	0.02%

#	Stock	Sector	Last Weight (Aug 2026)
1	OnEMI Technology Solutions Limited ₹8.75 Cr	N.A.	0.78%
2	Aditya Birla Capital Limited ₹6.96 Cr	Finance	0.62%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹125.31 Cr	Banks	10.23%	11.98%	+1.75%
2	Aavas Financiers Limited ₹14.84 Cr	Finance	1.21%	1.42%	+0.21%
3	Kotak Mahindra Bank Limited ₹60.32 Cr	Banks	5.59%	5.76%	+0.17%
4	360 One WAM Limited ₹7.27 Cr	Capital Markets	0.55%	0.69%	+0.14%
5	Ujjivan Small Finance Bank Limited ₹11.79 Cr	Banks	0.99%	1.13%	+0.14%
6	Bajaj Finance Limited ₹46.68 Cr	Finance	4.33%	4.46%	+0.13%
7	ICICI Lombard General Insurance Company Limited ₹13.58 Cr	Insurance	1.19%	1.30%	+0.11%
8	Muthoot Finance Limited ₹12.52 Cr	Finance	1.10%	1.20%	+0.10%
9	Karur Vysya Bank Limited ₹2.59 Cr	Banks	0.15%	0.25%	+0.10%
10	Karnataka Bank Ltd ₹8.83 Cr	Banks	0.75%	0.84%	+0.09%
11	Multi Commodity Exchange of India Limited ₹19.96 Cr	Capital Markets	1.83%	1.91%	+0.08%
12	ICICI Prudential Asset Management Company Limited ₹9.62 Cr	Capital Markets	0.84%	0.92%	+0.08%
13	HDB Financial Services Limited ₹6.23 Cr	Finance	0.52%	0.60%	+0.08%
14	Piramal Finance Ltd ₹11.11 Cr	Finance	1.01%	1.06%	+0.05%
15	Axis Bank Limited ₹49.83 Cr	Banks	4.72%	4.76%	+0.04%
16	HDFC Life Insurance Company Limited ₹13.67 Cr	Insurance	1.27%	1.31%	+0.04%
17	Poonawalla Fincorp Limited ₹13.80 Cr	Finance	1.28%	1.32%	+0.04%
18	The Jammu & Kashmir Bank Limited ₹11.44 Cr	Banks	1.05%	1.09%	+0.04%
19	State Bank of India ₹41.20 Cr	Banks	3.91%	3.94%	+0.03%
20	IDFC First Bank Limited ₹17.48 Cr	Banks	1.64%	1.67%	+0.03%
21	Angel One Limited ₹12.73 Cr	Capital Markets	1.19%	1.22%	+0.03%
22	Nuvama Wealth Management Limited ₹10.99 Cr	Capital Markets	1.02%	1.05%	+0.03%
23	UTI Asset Management Company Limited ₹4.85 Cr	Capital Markets	0.43%	0.46%	+0.03%
24	SBI Life Insurance Company Limited ₹5.77 Cr	Insurance	0.53%	0.55%	+0.02%
25	City Union Bank Limited ₹19.10 Cr	Banks	1.81%	1.83%	+0.02%
26	Five Star Business Finance Limited ₹4.34 Cr	Finance	0.39%	0.41%	+0.02%
27	Life Insurance Corporation Of India ₹9.88 Cr	Insurance	0.93%	0.94%	+0.01%
28	Billionbrains Garage Ventures Ltd ₹7.37 Cr	Capital Markets	0.69%	0.70%	+0.01%
29	Fusion Finance Ltd ₹11.16 Cr	Finance	1.06%	1.07%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	PB Fintech Limited ₹3.97 Cr	Financial Technology (Fintech)	0.76%	0.38%	-0.38%
2	ICICI Bank Limited ₹150.17 Cr	Banks	14.72%	14.35%	-0.37%
3	Spandana Sphoorty Financial Limited ₹70.61 L	Finance	0.39%	0.07%	-0.32%
4	LIC Housing Finance Limited ₹16.78 Cr	Finance	1.82%	1.60%	-0.22%
5	BSE Limited ₹7.36 Cr	Capital Markets	0.90%	0.70%	-0.20%
6	Max Financial Services Limited ₹21.70 Cr	Insurance	2.24%	2.07%	-0.17%
7	RBL Bank Limited ₹14.61 Cr	Banks	1.57%	1.40%	-0.17%
8	Star Health And Allied Insurance Company Limited ₹3.87 Cr	Insurance	0.54%	0.37%	-0.17%
9	Turtlemint Fintech Solutions Limited ₹1.86 Cr	Financial Technology (Fintech)	0.31%	0.18%	-0.13%
10	One 97 Communications Limited ₹23.72 Cr	Financial Technology (Fintech)	2.39%	2.27%	-0.12%
11	Shriram Finance Limited ₹22.15 Cr	Finance	2.23%	2.12%	-0.11%
12	Pine Labs Limited ₹4.63 Cr	Financial Technology (Fintech)	0.53%	0.44%	-0.09%
13	Cholamandalam Investment and Finance Company Ltd ₹32.17 Cr	Finance	3.15%	3.07%	-0.08%
14	ICICI Prudential Life Insurance Company Limited ₹10.31 Cr	Insurance	1.07%	0.99%	-0.08%
15	Prudent Corporate Advisory Services Limited ₹11.67 Cr	Capital Markets	1.20%	1.12%	-0.08%
16	Bajaj Finserv Limited ₹7.47 Cr	Finance	0.78%	0.71%	-0.07%
17	IndusInd Bank Limited ₹8.48 Cr	Banks	0.85%	0.81%	-0.04%
18	Mahindra & Mahindra Financial Services Limited ₹19.61 Cr	Finance	1.91%	1.87%	-0.04%
19	KFin Technologies Limited ₹4.81 Cr	Capital Markets	0.50%	0.46%	-0.04%
20	Can Fin Homes Limited ₹11.22 Cr	Finance	1.11%	1.07%	-0.04%
21	HDFC Asset Management Company Limited ₹15.57 Cr	Capital Markets	1.51%	1.49%	-0.02%
22	Yes Bank Limited ₹11.65 Cr	Banks	1.13%	1.11%	-0.02%

What Stocks Does This Fund Hold?

59 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹150.17 Cr	Banks	14.35%
2	HDFC Bank Limited ₹125.31 Cr	Banks	11.98%
3	Kotak Mahindra Bank Limited ₹60.32 Cr	Banks	5.76%
4	Axis Bank Limited ₹49.83 Cr	Banks	4.76%
5	Bajaj Finance Limited ₹46.68 Cr	Finance	4.46%
6	State Bank of India ₹41.20 Cr	Banks	3.94%
7	Cholamandalam Investment and Finance Company Ltd ₹32.17 Cr	Finance	3.07%
8	One 97 Communications Limited ₹23.72 Cr	Financial Technology (Fintech)	2.27%
9	Shriram Finance Limited ₹22.15 Cr	Finance	2.12%
10	Max Financial Services Limited ₹21.70 Cr	Insurance	2.07%
11	Multi Commodity Exchange of India Limited ₹19.96 Cr	Capital Markets	1.91%
12	Mahindra & Mahindra Financial Services Limited ₹19.61 Cr	Finance	1.87%
13	City Union Bank Limited ₹19.10 Cr	Banks	1.83%
14	IDFC First Bank Limited ₹17.48 Cr	Banks	1.67%
15	LIC Housing Finance Limited ₹16.78 Cr	Finance	1.60%
16	HDFC Asset Management Company Limited ₹15.57 Cr	Capital Markets	1.49%
17	Aavas Financiers Limited ₹14.84 Cr	Finance	1.42%
18	RBL Bank Limited ₹14.61 Cr	Banks	1.40%
19	Poonawalla Fincorp Limited ₹13.80 Cr	Finance	1.32%
20	HDFC Life Insurance Company Limited ₹13.67 Cr	Insurance	1.31%
21	ICICI Lombard General Insurance Company Limited ₹13.58 Cr	Insurance	1.30%
22	DCB Bank Limited ₹13.27 Cr	Banks	1.27%
23	Angel One Limited ₹12.73 Cr	Capital Markets	1.22%
24	Muthoot Finance Limited ₹12.52 Cr	Finance	1.20%
25	Ujjivan Small Finance Bank Limited ₹11.79 Cr	Banks	1.13%
26	Prudent Corporate Advisory Services Limited ₹11.67 Cr	Capital Markets	1.12%
27	Yes Bank Limited ₹11.65 Cr	Banks	1.11%
28	The Jammu & Kashmir Bank Limited ₹11.44 Cr	Banks	1.09%
29	Can Fin Homes Limited ₹11.22 Cr	Finance	1.07%
30	Fusion Finance Ltd ₹11.16 Cr	Finance	1.07%
31	Piramal Finance Ltd ₹11.11 Cr	Finance	1.06%
32	Nuvama Wealth Management Limited ₹10.99 Cr	Capital Markets	1.05%
33	ICICI Prudential Life Insurance Company Limited ₹10.31 Cr	Insurance	0.99%
34	Life Insurance Corporation Of India ₹9.88 Cr	Insurance	0.94%
35	ICICI Prudential Asset Management Company Limited ₹9.62 Cr	Capital Markets	0.92%
36	Aadhar Housing Finance Limited ₹8.95 Cr	Finance	0.86%
37	Karnataka Bank Ltd ₹8.83 Cr	Banks	0.84%
38	IndusInd Bank Limited ₹8.48 Cr	Banks	0.81%
39	Cholamandalam Financial Holdings Limited ₹7.54 Cr	Finance	0.72%
40	Bajaj Finserv Limited ₹7.47 Cr	Finance	0.71%
41	BSE Limited ₹7.36 Cr	Capital Markets	0.70%
42	Billionbrains Garage Ventures Ltd ₹7.37 Cr	Capital Markets	0.70%
43	360 One WAM Limited ₹7.27 Cr	Capital Markets	0.69%
44	HDB Financial Services Limited ₹6.23 Cr	Finance	0.60%
45	SBI Life Insurance Company Limited ₹5.77 Cr	Insurance	0.55%
46	IIFL Finance Limited ₹5.08 Cr	Finance	0.49%
47	KFin Technologies Limited ₹4.81 Cr	Capital Markets	0.46%
48	UTI Asset Management Company Limited ₹4.85 Cr	Capital Markets	0.46%
49	Pine Labs Limited ₹4.63 Cr	Financial Technology (Fintech)	0.44%
50	Five Star Business Finance Limited ₹4.34 Cr	Finance	0.41%
51	PB Fintech Limited ₹3.97 Cr	Financial Technology (Fintech)	0.38%
52	Star Health And Allied Insurance Company Limited ₹3.87 Cr	Insurance	0.37%
53	L&T Finance Limited ₹3.05 Cr	Finance	0.29%
54	Karur Vysya Bank Limited ₹2.59 Cr	Banks	0.25%
55	SBI Cards and Payment Services Limited ₹2.31 Cr	Finance	0.22%
56	Mas Financial Services Limited ₹2.29 Cr	Finance	0.22%
57	Turtlemint Fintech Solutions Limited ₹1.86 Cr	Financial Technology (Fintech)	0.18%
58	Spandana Sphoorty Financial Limited ₹70.61 L	Finance	0.07%
59	CreditAccess Grameen Limited ₹15.75 L	Finance	0.02%