Bandhan ELSS - Tax Saver Fund
The scheme seeks to build a diversified portfolio comprising of stocks of companies with strong fundamentals that are available at reasonable valuations. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
Growthvine rating: 4/5 — ranked #10 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹146.31 (as of 2026-10-23) |
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| AUM | ₹6,965 Cr |
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| Expense ratio | 1.56% |
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| Riskometer | Very High |
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| Fund manager | Daylynn Gerard Paul Pinto |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.33% |
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| Sharpe ratio | 0.18 |
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| Standard deviation | 14.04% |
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| Max drawdown | −44.11% |
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| Alpha | -1.37 |
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| Beta | 0.89 |
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Over 5 years, captured 93.1% of Nifty 500's upside and 90.4% of its downside.
Market cap allocation
| Large cap | 73.0% |
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| Mid cap | 16.3% |
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| Small cap | 10.7% |
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Concentration
| Top 5 holdings | 30.5% |
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| Top 10 holdings | 44.2% |
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| Total holdings | 56 |
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| Index overlap | 41.2% |
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| Active share | 58.8% |
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Top holdings
- HDFC Bank Ltd. — 8.4%
- Kotak Mahindra Bank Ltd. — 6.6%
- Reliance Industries Ltd — 6.1%
- ICICI Bank Ltd. — 5.4%
- Triparty Repo TRP_011026 — 5.2%
- Tata Consultancy Services Ltd. — 3.9%
- AXIS Bank Ltd. — 3.0%
- Infosys Ltd — 2.9%
- Bharti Airtel Ltd. — 2.7%
- Maruti Suzuki India Ltd. — 2.6%
Top sectors
- Banking & Financial — 24.9%
- Pharma & Biotech — 7.1%
- Software & Services — 6.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.0% | Q3 | #29 of 52 |
| 2025 | 8.0% | Q1 (Top) | #7 of 51 |
| 2024 | 13.1% | Q4 (Bottom) | #43 of 51 |
| 2023 | 28.3% | Q3 | #26 of 48 |
| 2022 | 4.2% | Q2 | #19 of 43 |