What stocks does Bandhan Value Fund hold?

Bandhan Value 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 Value Fund?

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

What category is Bandhan Value Fund?

Bandhan Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is Bandhan Value Fund portfolio data updated?

Portfolio holdings for Bandhan Value 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 Value Fund - Direct Plan - Growth

Value/Contra Data as of May 2026 Comparing Apr 2026 → May 2026

Share: WhatsApp X

Stocks Held

May 2026

Equity Holdings

₹9,108.14 Cr

Equity only, excl. debt & cash

Top 5 Weight

26.3%

Moderate

Top 10 Weight

40.2%

Moderate

Changes

4 new · 6 exits

Top Sector

Banks

23.0% of portfolio

📋 What Happened This Month Bandhan Value Fund made 4 new additions and exited 6 stocks this month. The biggest new buy was Bajaj Finserv Limited (Finance) at 1.27% weight. Coal India Limited was the biggest exit (Consumable Fuels), which was held at 1.07%. Among existing holdings, Larsen & Toubro Limited saw the biggest increase — now at 2.49% of the portfolio. State Bank of India was trimmed the most, now at 1.18%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 23.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Bandhan Value Fund - Direct Plan - Growth

+1.56%

+9.10%

-2.97%

+0.37%

Latest NAV

₹168.32

24 Jun 2026

52W High

₹175.51

-4% from High

52W Low

₹147.53

+14% from Low

Calendar Year Returns

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

2025

+6.2%

2024

+19.3%

2023

+34.1%

2022

+4.3%

2021

+66.2%

2020

+16.5%

2019

-5.1%

2018

-11.9%

2017

+63.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

21.6%

+ve in 76% windows

138.6% / -44.2%

3Y Rolling Avg

18.5% p.a.

+ve in 90% windows

50.1% / -11.1%

5Y Rolling Avg

20.8% p.a.

+ve in 100% windows

39.8% / 10.0%

Crisis Period Behaviour

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

2024–25 Tariff

-17.7%

Rec: not yet

COVID-19 Crash

-42.5%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-17.8%

Rec: Nov 2022 (8 mo)

2018 IL&FS

-17.5%

Rec: Dec 2020 (3yr 2mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.65

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.91

Penalises downside volatility only.

Std Deviation (3Y)

12.9%

Lower = more consistent returns.

NAV Chart ₹168.32 24 Jun 2026

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

Bandhan Value Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹168.32

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	22.3%	23.3%	▲ +1.0%
Petroleum Products	7.4%	7.2%	▼ -0.2%
IT - Software	6.8%	6.6%	▼ -0.2%
Pharmaceuticals & Biotechnology	6.8%	5.4%	▼ -1.4%
Finance	4.7%	5.1%	▲ +0.5%
Insurance	3.9%	3.6%	▼ -0.3%
Automobiles	3.3%	3.5%	▲ +0.2%
Oil	3.0%	2.7%	▼ -0.3%
Beverages	2.8%	2.6%	▼ -0.2%
Retailing	2.4%	2.6%	▲ +0.2%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	23.3%	23.0%	▼ -0.4%
Petroleum Products	7.2%	6.7%	▼ -0.5%
IT - Software	6.6%	6.3%	▼ -0.3%
Finance	5.1%	6.1%	▲ +1.0%
Pharmaceuticals & Biotechnology	5.4%	4.7%	▼ -0.7%
Construction	2.2%	3.7%	▲ +1.5%
Insurance	3.6%	3.7%	● +0.1%
Automobiles	3.5%	3.5%	● +0.0%
Retailing	2.6%	2.9%	▲ +0.4%
Telecom - Equipment & Accessories	1.8%	2.9%	▲ +1.1%

🟢

Biggest New Buy

Bajaj Finserv Limited

1.27% weight · Finance

🔴

Biggest Exit

Coal India Limited

1.07% was held · Consumable Fuels

↑

Biggest Add

Larsen & Toubro Limited

+1.27% · now 2.49%

↓

Biggest Trim

State Bank of India

-0.98% · now 1.18%

🤝 Other funds also bought this month

Titan Company Limited 27 funds

Bajaj Finserv Limited 23 funds

DLF Limited 21 funds

Graphite India Limited 6 funds

👋 Other funds also exited

Lupin Limited 25 funds

Coal India Limited 16 funds

UNO Minda Limited 10 funds

Bandhan Bank Limited 4 funds

Avanti Feeds Limited 2 funds

STL Networks limited 2 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 4 New Entries 🔴 6 Exits ↑ 31 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (May 2026)
1	Bajaj Finserv Limited ₹124.85 Cr	Finance	1.27%
2	Titan Company Limited ₹50.94 Cr	Consumer Durables	0.52%
3	DLF Limited ₹29.53 Cr	Realty	0.30%
4	Graphite India Limited ₹3.33 Cr	Industrial Products	0.03%

#	Stock	Sector	Last Weight (Apr 2026)
1	Coal India Limited ₹105.92 Cr	Consumable Fuels	1.07%
2	Lupin Limited ₹34.58 Cr	Pharmaceuticals & Biotechnology	0.35%
3	Bandhan Bank Limited ₹29.96 Cr	Banks	0.30%
4	Avanti Feeds Limited ₹22.71 Cr	Food Products	0.23%
5	UNO Minda Limited ₹2.13 Cr	Auto Components	0.02%
6	STL Networks limited ₹1.01 Cr	Telecom - Services	0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Larsen & Toubro Limited ₹244.59 Cr	Construction	1.22%	2.49%	+1.27%
2	Sterlite Technologies Limited ₹284.16 Cr	Telecom - Equipment & Accessories	1.79%	2.89%	+1.10%
3	Bharti Airtel Limited ₹219.48 Cr	Telecom - Services	1.71%	2.23%	+0.52%
4	Info Edge (India) Limited ₹74.63 Cr	Retailing	0.39%	0.76%	+0.37%
5	Axis Bank Limited ₹321.65 Cr	Banks	2.94%	3.27%	+0.33%
6	Vedanta Limited ₹70.52 Cr	Diversified Metals	0.41%	0.72%	+0.31%
7	ICICI Bank Limited ₹339.23 Cr	Banks	3.19%	3.45%	+0.26%
8	Engineers India Limited ₹62.56 Cr	Construction	0.38%	0.64%	+0.26%
9	Kotak Mahindra Bank Limited ₹499.46 Cr	Banks	4.84%	5.08%	+0.24%
10	Dr. Reddy's Laboratories Limited ₹208.56 Cr	Pharmaceuticals & Biotechnology	2.00%	2.12%	+0.12%
11	V-Mart Retail Limited ₹132.68 Cr	Retailing	1.24%	1.35%	+0.11%
12	CG Power and Industrial Solutions Limited ₹146.79 Cr	Electrical Equipment	1.40%	1.49%	+0.09%
13	Cipla Limited ₹126.09 Cr	Pharmaceuticals & Biotechnology	1.19%	1.28%	+0.09%
14	Maruti Suzuki India Limited ₹237.60 Cr	Automobiles	2.35%	2.42%	+0.07%
15	Exide Industries Limited ₹85.03 Cr	Auto Components	0.80%	0.87%	+0.07%
16	ICICI Lombard General Insurance Company Limited ₹183.70 Cr	Insurance	1.82%	1.87%	+0.05%
17	IDFC First Bank Limited ₹164.04 Cr	Banks	1.62%	1.67%	+0.05%
18	Finolex Industries Limited ₹68.90 Cr	Industrial Products	0.65%	0.70%	+0.05%
19	HDFC Life Insurance Company Limited ₹178.44 Cr	Insurance	1.78%	1.82%	+0.04%
20	Crompton Greaves Consumer Electricals Limited ₹104.03 Cr	Consumer Durables	1.02%	1.06%	+0.04%
21	Styrenix Performance Materials Ltd ₹53.72 Cr	Chemicals & Petrochemicals	0.51%	0.55%	+0.04%
22	Samvardhana Motherson International Limited ₹21.86 Cr	Auto Components	0.18%	0.22%	+0.04%
23	AWL Agri Business Limited ₹90.38 Cr	Agricultural Food & other Products	0.89%	0.92%	+0.03%
24	RBL Bank Limited ₹72.45 Cr	Banks	0.71%	0.74%	+0.03%
25	HDFC Bank Limited ₹744.55 Cr	Banks	7.56%	7.58%	+0.02%
26	Maharashtra Seamless Limited ₹31.26 Cr	Industrial Products	0.30%	0.32%	+0.02%
27	Kirloskar Ferrous Industries Ltd. ₹39.16 Cr	Industrial Products	0.39%	0.40%	+0.01%
28	Talwandi Sabo Power Limited ₹24.21 Cr	Power	0.24%	0.25%	+0.01%
29	Vedanta Aluminium Metal Limited ₹24.21 Cr	Metals & Minerals Trading	0.24%	0.25%	+0.01%
30	Malco Energy Limited ₹24.21 Cr	Power	0.24%	0.25%	+0.01%
31	Vedanta Iron And Steel Limited ₹24.21 Cr	Metals & Minerals Trading	0.24%	0.25%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	State Bank of India ₹115.73 Cr	Banks	2.16%	1.18%	-0.98%
2	NTPC Limited ₹116.07 Cr	Power	2.01%	1.18%	-0.83%
3	Bosch Limited ₹84.24 Cr	Auto Components	1.45%	0.86%	-0.59%
4	Aurobindo Pharma Limited ₹128.38 Cr	Pharmaceuticals & Biotechnology	1.86%	1.31%	-0.55%
5	Reliance Industries Limited ₹660.60 Cr	Petroleum Products	7.22%	6.72%	-0.50%
6	Bharat Heavy Electricals Limited ₹20.84 Cr	Electrical Equipment	0.71%	0.21%	-0.50%
7	Oil & Natural Gas Corporation Limited ₹225.59 Cr	Oil	2.72%	2.30%	-0.42%
8	Jindal Steel Limited ₹205.22 Cr	Ferrous Metals	2.47%	2.09%	-0.38%
9	GAIL (India) Limited ₹49.35 Cr	Gas	0.82%	0.50%	-0.32%
10	Dalmia Bharat Limited ₹34.96 Cr	Cement & Cement Products	0.67%	0.36%	-0.31%
11	Tata Consultancy Services Limited ₹338.84 Cr	IT - Software	3.75%	3.45%	-0.30%
12	Poonawalla Fincorp Limited ₹160.80 Cr	Finance	1.81%	1.64%	-0.17%
13	United Breweries Limited ₹84.48 Cr	Beverages	1.03%	0.86%	-0.17%
14	Nestle India Limited ₹71.08 Cr	Food Products	0.88%	0.72%	-0.16%
15	ITC Limited ₹157.80 Cr	Diversified FMCG	1.75%	1.61%	-0.14%
16	Greenpanel Industries Limited ₹57.53 Cr	Consumer Durables	0.72%	0.59%	-0.13%
17	Emami Limited ₹91.79 Cr	Personal Products	1.03%	0.93%	-0.10%
18	Avenue Supermarts Limited ₹81.09 Cr	Retailing	0.93%	0.83%	-0.10%
19	Mas Financial Services Limited ₹77.24 Cr	Finance	0.86%	0.79%	-0.07%
20	United Spirits Limited ₹152.40 Cr	Beverages	1.61%	1.55%	-0.06%
21	The Ramco Cements Limited ₹84.94 Cr	Cement & Cement Products	0.92%	0.86%	-0.06%
22	KEC International Limited ₹54.96 Cr	Construction	0.62%	0.56%	-0.06%
23	Hero MotoCorp Limited ₹110.32 Cr	Automobiles	1.16%	1.12%	-0.04%
24	VRL Logistics Limited ₹51.41 Cr	Transport Services	0.56%	0.52%	-0.04%
25	Jubilant Foodworks Limited ₹42.75 Cr	Leisure Services	0.48%	0.44%	-0.04%
26	Updater Services Ltd ₹15.37 Cr	Commercial Services & Supplies	0.19%	0.16%	-0.03%
27	Infosys Limited ₹278.62 Cr	IT - Software	2.86%	2.84%	-0.02%
28	Mahindra & Mahindra Financial Services Limited ₹174.60 Cr	Finance	1.80%	1.78%	-0.02%
29	Bayer Cropscience Limited ₹75.31 Cr	Fertilizers & Agrochemicals	0.79%	0.77%	-0.02%
30	Aptus Value Housing Finance India Limited ₹62.48 Cr	Finance	0.66%	0.64%	-0.02%
31	Syngene International Limited ₹32.05 Cr	Healthcare Services	0.34%	0.33%	-0.01%
32	Deepak Nitrite Limited ₹29.44 Cr	Chemicals & Petrochemicals	0.31%	0.30%	-0.01%

What Stocks Does This Fund Hold?

68 stocks — May 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹744.55 Cr	Banks	7.58%
2	Reliance Industries Limited ₹660.60 Cr	Petroleum Products	6.72%
3	Kotak Mahindra Bank Limited ₹499.46 Cr	Banks	5.08%
4	ICICI Bank Limited ₹339.23 Cr	Banks	3.45%
5	Tata Consultancy Services Limited ₹338.84 Cr	IT - Software	3.45%
6	Axis Bank Limited ₹321.65 Cr	Banks	3.27%
7	Sterlite Technologies Limited ₹284.16 Cr	Telecom - Equipment & Accessories	2.89%
8	Infosys Limited ₹278.62 Cr	IT - Software	2.84%
9	Larsen & Toubro Limited ₹244.59 Cr	Construction	2.49%
10	Maruti Suzuki India Limited ₹237.60 Cr	Automobiles	2.42%
11	Oil & Natural Gas Corporation Limited ₹225.59 Cr	Oil	2.30%
12	Bharti Airtel Limited ₹219.48 Cr	Telecom - Services	2.23%
13	Dr. Reddy's Laboratories Limited ₹208.56 Cr	Pharmaceuticals & Biotechnology	2.12%
14	Jindal Steel Limited ₹205.22 Cr	Ferrous Metals	2.09%
15	ICICI Lombard General Insurance Company Limited ₹183.70 Cr	Insurance	1.87%
16	HDFC Life Insurance Company Limited ₹178.44 Cr	Insurance	1.82%
17	Mahindra & Mahindra Financial Services Limited ₹174.60 Cr	Finance	1.78%
18	IDFC First Bank Limited ₹164.04 Cr	Banks	1.67%
19	Poonawalla Fincorp Limited ₹160.80 Cr	Finance	1.64%
20	ITC Limited ₹157.80 Cr	Diversified FMCG	1.61%
21	United Spirits Limited ₹152.40 Cr	Beverages	1.55%
22	CG Power and Industrial Solutions Limited ₹146.79 Cr	Electrical Equipment	1.49%
23	V-Mart Retail Limited ₹132.68 Cr	Retailing	1.35%
24	Aurobindo Pharma Limited ₹128.38 Cr	Pharmaceuticals & Biotechnology	1.31%
25	Cipla Limited ₹126.09 Cr	Pharmaceuticals & Biotechnology	1.28%
26	Bajaj Finserv Limited ₹124.85 Cr	Finance	1.27%
27	NTPC Limited ₹116.07 Cr	Power	1.18%
28	State Bank of India ₹115.73 Cr	Banks	1.18%
29	Hero MotoCorp Limited ₹110.32 Cr	Automobiles	1.12%
30	Crompton Greaves Consumer Electricals Limited ₹104.03 Cr	Consumer Durables	1.06%
31	Emami Limited ₹91.79 Cr	Personal Products	0.93%
32	AWL Agri Business Limited ₹90.38 Cr	Agricultural Food & other Products	0.92%
33	Exide Industries Limited ₹85.03 Cr	Auto Components	0.87%
34	Bosch Limited ₹84.24 Cr	Auto Components	0.86%
35	United Breweries Limited ₹84.48 Cr	Beverages	0.86%
36	The Ramco Cements Limited ₹84.94 Cr	Cement & Cement Products	0.86%
37	Avenue Supermarts Limited ₹81.09 Cr	Retailing	0.83%
38	Mas Financial Services Limited ₹77.24 Cr	Finance	0.79%
39	Bayer Cropscience Limited ₹75.31 Cr	Fertilizers & Agrochemicals	0.77%
40	Info Edge (India) Limited ₹74.63 Cr	Retailing	0.76%
41	RBL Bank Limited ₹72.45 Cr	Banks	0.74%
42	Nestle India Limited ₹71.08 Cr	Food Products	0.72%
43	Sobha Limited ₹70.90 Cr	Realty	0.72%
44	Vedanta Limited ₹70.52 Cr	Diversified Metals	0.72%
45	Finolex Industries Limited ₹68.90 Cr	Industrial Products	0.70%
46	Engineers India Limited ₹62.56 Cr	Construction	0.64%
47	Aptus Value Housing Finance India Limited ₹62.48 Cr	Finance	0.64%
48	Greenpanel Industries Limited ₹57.53 Cr	Consumer Durables	0.59%
49	KEC International Limited ₹54.96 Cr	Construction	0.56%
50	Styrenix Performance Materials Ltd ₹53.72 Cr	Chemicals & Petrochemicals	0.55%
51	Titan Company Limited ₹50.94 Cr	Consumer Durables	0.52%
52	VRL Logistics Limited ₹51.41 Cr	Transport Services	0.52%
53	GAIL (India) Limited ₹49.35 Cr	Gas	0.50%
54	Jubilant Foodworks Limited ₹42.75 Cr	Leisure Services	0.44%
55	Kirloskar Ferrous Industries Ltd. ₹39.16 Cr	Industrial Products	0.40%
56	Dalmia Bharat Limited ₹34.96 Cr	Cement & Cement Products	0.36%
57	Syngene International Limited ₹32.05 Cr	Healthcare Services	0.33%
58	Maharashtra Seamless Limited ₹31.26 Cr	Industrial Products	0.32%
59	Deepak Nitrite Limited ₹29.44 Cr	Chemicals & Petrochemicals	0.30%
60	DLF Limited ₹29.53 Cr	Realty	0.30%
61	Talwandi Sabo Power Limited ₹24.21 Cr	Power	0.25%
62	Vedanta Aluminium Metal Limited ₹24.21 Cr	Metals & Minerals Trading	0.25%
63	Malco Energy Limited ₹24.21 Cr	Power	0.25%
64	Vedanta Iron And Steel Limited ₹24.21 Cr	Metals & Minerals Trading	0.25%
65	Samvardhana Motherson International Limited ₹21.86 Cr	Auto Components	0.22%
66	Bharat Heavy Electricals Limited ₹20.84 Cr	Electrical Equipment	0.21%
67	Updater Services Ltd ₹15.37 Cr	Commercial Services & Supplies	0.16%
68	Graphite India Limited ₹3.33 Cr	Industrial Products	0.03%