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 #11 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹156.32 (as of 2026-08-21) |
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| AUM | ₹7,005 Cr |
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| Expense ratio | 1.55% |
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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 | 12.21% |
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| Sharpe ratio | 0.34 |
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| Standard deviation | 13.64% |
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| Max drawdown | -44.11% |
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| Alpha | -1.27 |
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| Beta | 0.89 |
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Over 5 years, captured 96.2% of Nifty 500's upside and 91.0% of its downside.
Market cap allocation
| Large cap | 72.5% |
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| Mid cap | 16.9% |
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| Small cap | 10.6% |
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Concentration
| Top 5 holdings | 29.8% |
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| Top 10 holdings | 43.4% |
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| Total holdings | 58 |
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| Index overlap | 42.6% |
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| Active share | 57.4% |
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Top holdings
- HDFC Bank Ltd. — 7.9%
- Reliance Industries Ltd — 6.3%
- Kotak Mahindra Bank Ltd. — 5.8%
- ICICI Bank Ltd. — 5.5%
- Triparty Repo TRP_030826 — 4.8%
- Tata Consultancy Services Ltd. — 4.2%
- Infosys Ltd — 3.1%
- AXIS Bank Ltd. — 2.8%
- Maruti Suzuki India Ltd. — 2.7%
- Bharti Airtel Ltd. — 2.7%
Top sectors
- Banking & Financial — 25.7%
- Software & Services — 7.3%
- Finance & Investments — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -1.7% | Q3 | #35 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 |