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 Jul 2026 Comparing Jun 2026 → Jul 2026

Share: WhatsApp X

⌕

Stocks Held

Jul 2026

Equity Holdings

₹1,085.54 Cr

Equity only, excl. debt & cash

AAUM

₹1,058.94 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

41.3%

High concentration

Top 10 Weight

53.8%

Moderate

Changes

4 new · 4 exits

Top Sector

Banks

48.9% of portfolio

Launch Date

10 Jul 2023

3 years old

AAUM (Average Assets Under Management) of ₹1,058.94 Cr for Apr-Jun 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 4 stocks this month. The biggest new buy was Piramal Finance Ltd (Finance) at 0.93% weight. Home First Finance Company India Limited was the biggest exit (Finance), which was held at 0.53%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 14.63% of the portfolio. State Bank of India was trimmed the most, now at 2.99%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 48.9%. ↓ 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

+1.09%

+5.90%

+1.15%

+6.50%

Latest NAV

₹15.86

24 Aug 2026

52W High

₹16.20

-2% from High

52W Low

₹12.99

+22% 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

15.6%

+ve in 95% windows

46.1% / -4.7%

3Y Rolling Avg

16.9% p.a.

+ve in 100% windows

17.6% / 16.4%

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)

0.69

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.99

Penalises downside volatility only.

Std Deviation (3Y)

15.4%

Lower = more consistent returns.

NAV Chart ₹15.86 24 Aug 2026

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

Bandhan Financial Services Fund

Chart shows indexed performance (base = 100). Actual NAV: ₹15.86

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	49.3%	50.3%	▲ +1.0%
Finance	23.8%	25.1%	▲ +1.3%
Insurance	8.5%	9.0%	▲ +0.4%
Capital Markets	10.3%	8.7%	▼ -1.6%
Financial Technology (Fintech)	3.1%	3.7%	▲ +0.6%
N.A.	0.8%	0.6%	▼ -0.2%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	50.3%	48.9%	▼ -1.5%
Finance	25.1%	26.0%	▲ +0.9%
Capital Markets	8.7%	9.4%	▲ +0.8%
Insurance	9.0%	8.8%	▼ -0.2%
Financial Technology (Fintech)	3.7%	3.6%	▼ -0.1%
N.A.	0.6%	0.8%	▲ +0.2%

🟢

Biggest New Buy

Piramal Finance Ltd

0.93% weight · Finance

🔴

Biggest Exit

Home First Finance Company India Limited

0.53% was held · Finance

↑

Biggest Add

ICICI Bank Limited

+0.66% · now 14.63%

↓

Biggest Trim

State Bank of India

-1.46% · now 2.99%

🤝 Other funds also bought this month

SBI Funds Management Limited 89 funds

Yes Bank Limited 10 funds

Piramal Finance Ltd 8 funds

UTI Asset Management Company Limited 6 funds

👋 Other funds also exited

L&T Finance Limited 24 funds

Home First Finance Company India Limited 11 funds

Sundaram Finance Limited 11 funds

Equitas Small Finance Bank Limited 5 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 4 New Entries 🔴 4 Exits ↑ 23 Increased ↓ 29 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Piramal Finance Ltd ₹10.36 Cr	Finance	0.93%
2	UTI Asset Management Company Limited ₹4.97 Cr	Capital Markets	0.45%
3	Yes Bank Limited ₹3.42 Cr	Banks	0.31%
4	SBI Funds Management Limited ₹3.35 Cr	Capital Markets	0.30%

#	Stock	Sector	Last Weight (Jun 2026)
1	Home First Finance Company India Limited ₹5.90 Cr	Finance	0.53%
2	L&T Finance Limited ₹5.19 Cr	Finance	0.47%
3	Equitas Small Finance Bank Limited ₹4.52 Cr	Banks	0.41%
4	Sundaram Finance Limited ₹2.70 Cr	Finance	0.24%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	ICICI Bank Limited ₹163.09 Cr	Banks	13.97%	14.63%	+0.66%
2	Bajaj Finance Limited ₹52.45 Cr	Finance	4.08%	4.71%	+0.63%
3	Aditya Birla Capital Limited ₹6.88 Cr	Finance	0.27%	0.62%	+0.35%
4	Cholamandalam Investment and Finance Company Ltd ₹34.35 Cr	Finance	2.77%	3.08%	+0.31%
5	Mahindra & Mahindra Financial Services Limited ₹22.13 Cr	Finance	1.69%	1.99%	+0.30%
6	Ujjivan Small Finance Bank Limited ₹11.56 Cr	Banks	0.74%	1.04%	+0.30%
7	The Jammu & Kashmir Bank Limited ₹12.48 Cr	Banks	0.85%	1.12%	+0.27%
8	Bajaj Finserv Limited ₹8.75 Cr	Finance	0.53%	0.79%	+0.26%
9	Kotak Mahindra Bank Limited ₹59.38 Cr	Banks	5.09%	5.33%	+0.24%
10	OnEMI Technology Solutions Limited ₹8.80 Cr	N.A.	0.61%	0.79%	+0.18%
11	HDFC Asset Management Company Limited ₹13.35 Cr	Capital Markets	1.05%	1.20%	+0.15%
12	Aditya Birla Sun Life AMC Limited ₹2.55 Cr	Capital Markets	0.11%	0.23%	+0.12%
13	IDFC First Bank Limited ₹18.14 Cr	Banks	1.54%	1.63%	+0.09%
14	DCB Bank Limited ₹12.59 Cr	Banks	1.05%	1.13%	+0.08%
15	ICICI Prudential Asset Management Company Limited ₹8.00 Cr	Capital Markets	0.66%	0.72%	+0.06%
16	ICICI Prudential Life Insurance Company Limited ₹11.98 Cr	Insurance	1.02%	1.07%	+0.05%
17	SBI Cards and Payment Services Limited ₹8.73 Cr	Finance	0.73%	0.78%	+0.05%
18	Spandana Sphoorty Financial Limited ₹4.32 Cr	Finance	0.34%	0.39%	+0.05%
19	Fusion Finance Ltd ₹12.31 Cr	Finance	1.06%	1.10%	+0.04%
20	SBI Life Insurance Company Limited ₹6.40 Cr	Insurance	0.54%	0.57%	+0.03%
21	Pine Labs Limited ₹5.47 Cr	Financial Technology (Fintech)	0.47%	0.49%	+0.02%
22	Multi Commodity Exchange of India Limited ₹16.53 Cr	Capital Markets	1.47%	1.48%	+0.01%
23	PNB Housing Finance Limited ₹2.62 Cr	Finance	0.23%	0.24%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	State Bank of India ₹33.32 Cr	Banks	4.45%	2.99%	-1.46%
2	HDFC Bank Limited ₹136.14 Cr	Banks	12.97%	12.22%	-0.75%
3	Axis Bank Limited ₹48.99 Cr	Banks	4.96%	4.40%	-0.56%
4	CRISIL Limited ₹5.11 Cr	Finance	0.73%	0.46%	-0.27%
5	LIC Housing Finance Limited ₹19.85 Cr	Finance	1.95%	1.78%	-0.17%
6	BSE Limited ₹10.26 Cr	Capital Markets	1.09%	0.92%	-0.17%
7	Medi Assist Healthcare Services Ltd ₹2.90 Cr	Insurance	0.39%	0.26%	-0.13%
8	City Union Bank Limited ₹18.28 Cr	Banks	1.76%	1.64%	-0.12%
9	RBL Bank Limited ₹17.36 Cr	Banks	1.68%	1.56%	-0.12%
10	Aavas Financiers Limited ₹13.78 Cr	Finance	1.36%	1.24%	-0.12%
11	Angel One Limited ₹13.82 Cr	Capital Markets	1.33%	1.24%	-0.09%
12	Cholamandalam Financial Holdings Limited ₹8.80 Cr	Finance	0.88%	0.79%	-0.09%
13	General Insurance Corporation of India ₹10.50 Cr	Insurance	1.02%	0.94%	-0.08%
14	One 97 Communications Limited ₹21.94 Cr	Financial Technology (Fintech)	2.03%	1.97%	-0.06%
15	Poonawalla Fincorp Limited ₹14.41 Cr	Finance	1.34%	1.29%	-0.05%
16	HDFC Life Insurance Company Limited ₹14.38 Cr	Insurance	1.33%	1.29%	-0.04%
17	Can Fin Homes Limited ₹12.39 Cr	Finance	1.15%	1.11%	-0.04%
18	Aadhar Housing Finance Limited ₹9.90 Cr	Finance	0.93%	0.89%	-0.04%
19	Billionbrains Garage Ventures Ltd ₹5.17 Cr	Capital Markets	0.50%	0.46%	-0.04%
20	Turtlemint Fintech Solutions Limited ₹4.97 Cr	Financial Technology (Fintech)	0.49%	0.45%	-0.04%
21	Star Health And Allied Insurance Company Limited ₹12.79 Cr	Insurance	1.18%	1.15%	-0.03%
22	Five Star Business Finance Limited ₹4.46 Cr	Finance	0.43%	0.40%	-0.03%
23	360 One WAM Limited ₹4.27 Cr	Capital Markets	0.41%	0.38%	-0.03%
24	IndusInd Bank Limited ₹9.52 Cr	Banks	0.87%	0.85%	-0.02%
25	PB Fintech Limited ₹8.06 Cr	Financial Technology (Fintech)	0.74%	0.72%	-0.02%
26	Shriram Finance Limited ₹24.64 Cr	Finance	2.22%	2.21%	-0.01%
27	ICICI Lombard General Insurance Company Limited ₹13.86 Cr	Insurance	1.25%	1.24%	-0.01%
28	Muthoot Finance Limited ₹12.80 Cr	Finance	1.16%	1.15%	-0.01%
29	Nuvama Wealth Management Limited ₹10.37 Cr	Capital Markets	0.94%	0.93%	-0.01%

What Stocks Does This Fund Hold?

58 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹163.09 Cr	Banks	14.63%
2	HDFC Bank Limited ₹136.14 Cr	Banks	12.22%
3	Kotak Mahindra Bank Limited ₹59.38 Cr	Banks	5.33%
4	Bajaj Finance Limited ₹52.45 Cr	Finance	4.71%
5	Axis Bank Limited ₹48.99 Cr	Banks	4.40%
6	Cholamandalam Investment and Finance Company Ltd ₹34.35 Cr	Finance	3.08%
7	State Bank of India ₹33.32 Cr	Banks	2.99%
8	Max Financial Services Limited ₹24.90 Cr	Insurance	2.23%
9	Shriram Finance Limited ₹24.64 Cr	Finance	2.21%
10	Mahindra & Mahindra Financial Services Limited ₹22.13 Cr	Finance	1.99%
11	One 97 Communications Limited ₹21.94 Cr	Financial Technology (Fintech)	1.97%
12	LIC Housing Finance Limited ₹19.85 Cr	Finance	1.78%
13	City Union Bank Limited ₹18.28 Cr	Banks	1.64%
14	IDFC First Bank Limited ₹18.14 Cr	Banks	1.63%
15	RBL Bank Limited ₹17.36 Cr	Banks	1.56%
16	Multi Commodity Exchange of India Limited ₹16.53 Cr	Capital Markets	1.48%
17	Poonawalla Fincorp Limited ₹14.41 Cr	Finance	1.29%
18	HDFC Life Insurance Company Limited ₹14.38 Cr	Insurance	1.29%
19	ICICI Lombard General Insurance Company Limited ₹13.86 Cr	Insurance	1.24%
20	Angel One Limited ₹13.82 Cr	Capital Markets	1.24%
21	Aavas Financiers Limited ₹13.78 Cr	Finance	1.24%
22	HDFC Asset Management Company Limited ₹13.35 Cr	Capital Markets	1.20%
23	Star Health And Allied Insurance Company Limited ₹12.79 Cr	Insurance	1.15%
24	Muthoot Finance Limited ₹12.80 Cr	Finance	1.15%
25	Prudent Corporate Advisory Services Limited ₹12.63 Cr	Capital Markets	1.13%
26	DCB Bank Limited ₹12.59 Cr	Banks	1.13%
27	The Jammu & Kashmir Bank Limited ₹12.48 Cr	Banks	1.12%
28	Can Fin Homes Limited ₹12.39 Cr	Finance	1.11%
29	Fusion Finance Ltd ₹12.31 Cr	Finance	1.10%
30	ICICI Prudential Life Insurance Company Limited ₹11.98 Cr	Insurance	1.07%
31	Ujjivan Small Finance Bank Limited ₹11.56 Cr	Banks	1.04%
32	General Insurance Corporation of India ₹10.50 Cr	Insurance	0.94%
33	Nuvama Wealth Management Limited ₹10.37 Cr	Capital Markets	0.93%
34	Piramal Finance Ltd ₹10.36 Cr	Finance	0.93%
35	BSE Limited ₹10.26 Cr	Capital Markets	0.92%
36	Aadhar Housing Finance Limited ₹9.90 Cr	Finance	0.89%
37	IndusInd Bank Limited ₹9.52 Cr	Banks	0.85%
38	Bajaj Finserv Limited ₹8.75 Cr	Finance	0.79%
39	OnEMI Technology Solutions Limited ₹8.80 Cr	N.A.	0.79%
40	Cholamandalam Financial Holdings Limited ₹8.80 Cr	Finance	0.79%
41	SBI Cards and Payment Services Limited ₹8.73 Cr	Finance	0.78%
42	PB Fintech Limited ₹8.06 Cr	Financial Technology (Fintech)	0.72%
43	ICICI Prudential Asset Management Company Limited ₹8.00 Cr	Capital Markets	0.72%
44	Aditya Birla Capital Limited ₹6.88 Cr	Finance	0.62%
45	SBI Life Insurance Company Limited ₹6.40 Cr	Insurance	0.57%
46	Pine Labs Limited ₹5.47 Cr	Financial Technology (Fintech)	0.49%
47	Billionbrains Garage Ventures Ltd ₹5.17 Cr	Capital Markets	0.46%
48	CRISIL Limited ₹5.11 Cr	Finance	0.46%
49	Turtlemint Fintech Solutions Limited ₹4.97 Cr	Financial Technology (Fintech)	0.45%
50	UTI Asset Management Company Limited ₹4.97 Cr	Capital Markets	0.45%
51	Five Star Business Finance Limited ₹4.46 Cr	Finance	0.40%
52	Spandana Sphoorty Financial Limited ₹4.32 Cr	Finance	0.39%
53	360 One WAM Limited ₹4.27 Cr	Capital Markets	0.38%
54	Yes Bank Limited ₹3.42 Cr	Banks	0.31%
55	SBI Funds Management Limited ₹3.35 Cr	Capital Markets	0.30%
56	Medi Assist Healthcare Services Ltd ₹2.90 Cr	Insurance	0.26%
57	PNB Housing Finance Limited ₹2.62 Cr	Finance	0.24%
58	Aditya Birla Sun Life AMC Limited ₹2.55 Cr	Capital Markets	0.23%