Dezerv

Fund Overview

Fund Size

Fund Size

₹6,432 Cr

Expense Ratio

Expense Ratio

0.64%

ISIN

ISIN

INF194K01Y29

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Bandhan Tax Advantage (ELSS) Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹160.61, Assets Under Management (AUM) of 6432.29 Crores, and an expense ratio of 0.64%.
  • Bandhan Tax Advantage (ELSS) Fund Direct Growth has given a CAGR return of 18.95% since inception.
  • The fund's asset allocation comprises around 97.49% in equities, 0.00% in debts, and 2.51% in cash & cash equivalents.
  • You can start investing in Bandhan Tax Advantage (ELSS) Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+37.84%

+36.06% (Cat Avg.)

3 Years

+22.64%

+20.13% (Cat Avg.)

5 Years

+22.54%

+18.87% (Cat Avg.)

10 Years

+19.29%

+15.86% (Cat Avg.)

Since Inception

+18.95%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity6,271.03 Cr97.49%
Others161.26 Cr2.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity357.22 Cr5.55%
ICICI Bank LtdEquity345.12 Cr5.37%
Reliance Industries LtdEquity322.74 Cr5.02%
Axis Bank LtdEquity268.16 Cr4.17%
Triparty RepoCash - Repurchase Agreement205.62 Cr3.20%
Infosys LtdEquity198.88 Cr3.09%
State Bank of IndiaEquity198.3 Cr3.08%
Bharti Airtel LtdEquity158.68 Cr2.47%
NTPC LtdEquity145.28 Cr2.26%
Tata Motors LtdEquity141.11 Cr2.19%
Jindal Steel & Power LtdEquity139.45 Cr2.17%
Maruti Suzuki India LtdEquity128.18 Cr1.99%
Cipla LtdEquity126 Cr1.96%
CG Power & Industrial Solutions LtdEquity121.87 Cr1.89%
Tata Consultancy Services LtdEquity114.62 Cr1.78%
KEC International LtdEquity104.83 Cr1.63%
Bosch LtdEquity102.75 Cr1.60%
ICICI Lombard General Insurance Co LtdEquity102.64 Cr1.60%
Avenue Supermarts LtdEquity101.28 Cr1.57%
United Spirits LtdEquity100.05 Cr1.56%
Kotak Mahindra Bank LtdEquity97.44 Cr1.51%
Hindalco Industries LtdEquity96.66 Cr1.50%
HCL Technologies LtdEquity95.66 Cr1.49%
Sun Pharmaceuticals Industries LtdEquity93.88 Cr1.46%
Poonawalla Fincorp LtdEquity93.22 Cr1.45%
IndusInd Bank LtdEquity90.94 Cr1.41%
ITC LtdEquity87.13 Cr1.35%
Hero MotoCorp LtdEquity86.32 Cr1.34%
NCC LtdEquity82.35 Cr1.28%
Lupin LtdEquity82.3 Cr1.28%
Larsen & Toubro LtdEquity80.87 Cr1.26%
Aurobindo Pharma LtdEquity80.75 Cr1.26%
Indian Hotels Co LtdEquity80.75 Cr1.26%
Dr Reddy's Laboratories LtdEquity77.55 Cr1.21%
Tech Mahindra LtdEquity75.81 Cr1.18%
Kirloskar Ferrous Industries LtdEquity75.33 Cr1.17%
Greenpanel Industries Ltd Ordinary SharesEquity75 Cr1.17%
Graphite India LtdEquity74.4 Cr1.16%
Grasim Industries LtdEquity72.35 Cr1.12%
Dabur India LtdEquity71.08 Cr1.11%
HDFC Life Insurance Company LimitedEquity70.04 Cr1.09%
United Breweries LtdEquity68.27 Cr1.06%
VRL Logistics LtdEquity67.59 Cr1.05%
EIH LtdEquity66.97 Cr1.04%
UNO Minda LtdEquity66.42 Cr1.03%
Coal India LtdEquity63.6 Cr0.99%
Ramco Cements LtdEquity61.58 Cr0.96%
MAS Financial Services Ltd Ordinary SharesEquity59.1 Cr0.92%
Sandhar Technologies Ltd Ordinary SharesEquity55.62 Cr0.86%
GlaxoSmithKline Pharmaceuticals LtdEquity54.26 Cr0.84%
Mahindra & Mahindra Financial Services LtdEquity52.23 Cr0.81%
Power Grid Corp Of India LtdEquity51.31 Cr0.80%
Sterlite Technologies LtdEquity48.81 Cr0.76%
Deepak Nitrite LtdEquity48.61 Cr0.76%
Gland Pharma LtdEquity47.06 Cr0.73%
Avanti Feeds LtdEquity46.59 Cr0.72%
Net Current AssetsCash-45.6 Cr0.71%
DLF LtdEquity44.59 Cr0.69%
Tata Consumer Products LtdEquity44.33 Cr0.69%
SBI Life Insurance Company LimitedEquity43.1 Cr0.67%
Info Edge (India) LtdEquity42.38 Cr0.66%
Tata Steel LtdEquity41.25 Cr0.64%
PSP Projects LtdEquity40.51 Cr0.63%
Yatra Online LtdEquity37.53 Cr0.58%
Apollo Pipes LtdEquity32.6 Cr0.51%
Devyani International LtdEquity26.62 Cr0.41%
Khadim India LtdEquity22.64 Cr0.35%
Mahindra Lifespace Developers LtdEquity19.12 Cr0.30%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity1.38 Cr0.02%
Cash Margin - CcilCash - Collateral1.24 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

68.96%

Mid Cap Stocks

14.40%

Small Cap Stocks

14.13%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,777.51 Cr27.63%
Consumer Cyclical814.89 Cr12.67%
Industrials729.15 Cr11.34%
Healthcare561.79 Cr8.73%
Basic Materials536.28 Cr8.34%
Consumer Defensive518.74 Cr8.06%
Technology484.97 Cr7.54%
Energy386.34 Cr6.01%
Communication Services201.05 Cr3.13%
Utilities196.59 Cr3.06%
Real Estate63.71 Cr0.99%

Risk & Performance Ratios

Standard Deviation

This fund

12.79%

Cat. avg.

12.86%

Lower the better

Sharpe Ratio

This fund

1.31

Cat. avg.

1.10

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.10

Higher the better

Fund Managers

DP

Daylynn Pinto

Since October 2016

RB

Ritika Behera

Since October 2023

Additional Scheme Detailsas of 30th April 2024

ISININF194K01Y29Expense Ratio0.64%Exit LoadNo ChargesFund Size₹6,432 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkS&P BSE 500 India TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr33.7%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr32.2%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35641.94 Cr30.8%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3360.61 Cr33.3%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3360.61 Cr31.8%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr41.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr38.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr58.0%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr55.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1602.76 Cr26.6%

About the AMC

Total AUM

₹1,34,828 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹1389.26 Cr-
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹28.94 Cr-
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹56.76 Cr-
Bandhan Retirement Fund Direct Growth

Very High Risk

0.6%0.0%₹157.87 Cr-
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹18.03 Cr-
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Moderate Risk

-0.0%₹286.43 Cr7.0%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1362.17 Cr6.8%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13494.31 Cr7.4%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹4394.78 Cr58.3%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.8%0.0%₹2319.73 Cr7.8%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1396.11 Cr34.4%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹17.98 Cr27.0%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹2196.84 Cr8.1%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1542.62 Cr34.2%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹327.31 Cr6.4%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

1.0%0.0%₹1171.09 Cr84.9%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.2%0.0%₹116.20 Cr10.5%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.8%0.0%₹1581.38 Cr6.2%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹491.18 Cr5.9%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4531.17 Cr7.5%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹8649.34 Cr7.0%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1219.39 Cr24.7%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹8569.07 Cr44.5%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹7004.20 Cr36.9%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹113.86 Cr6.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6432.29 Cr37.8%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5228.75 Cr7.2%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.3%1.0%₹6.16 Cr12.6%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹481.99 Cr6.6%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2093.84 Cr43.5%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹802.19 Cr-
Bandhan Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹208.74 Cr7.1%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹5733.27 Cr8.3%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹295.68 Cr42.6%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

-0.0%₹381.32 Cr6.4%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹168.11 Cr6.8%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹350.10 Cr6.7%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3962.02 Cr7.4%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹18.35 Cr19.9%
Bandhan Equity Savings Fund Direct Growth

Moderate Risk

0.4%0.0%₹113.46 Cr11.5%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹174.46 Cr6.5%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹494.55 Cr31.5%
Bandhan All Seasons Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹116.93 Cr6.8%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹63.04 Cr69.2%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹4994.19 Cr75.8%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹693.61 Cr26.1%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹122.87 Cr30.9%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹350.99 Cr7.1%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Bandhan Tax Advantage (ELSS) Fund Direct Growth, as of 17-May-2024, is ₹160.61.
The fund has generated 37.84% over the last 1 year and 22.64% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.49% in equities, 0.00% in bonds, and 2.51% in cash and cash equivalents.
The fund managers responsible for Bandhan Tax Advantage (ELSS) Fund Direct Growth are:-
  1. Daylynn Pinto
  2. Ritika Behera