Bandhan Tax Advantage (ELSS) Fund Direct Growth

Fund Overview

Fund Size

₹6,955 Cr

Expense Ratio

0.64%

ISIN

INF194K01Y29

Minimum SIP

₹500

Exit Load

No Charges

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 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹172.91, Assets Under Management (AUM) of 6954.94 Crores, and an expense ratio of 0.64%.

Bandhan Tax Advantage (ELSS) Fund Direct Growth has given a CAGR return of 17.86% since inception.
The fund's asset allocation comprises around 93.55% in equities, 0.00% in debts, and 6.45% 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

+2.69%

+3.80% (Cat Avg.)

3 Years

+22.54%

+22.68% (Cat Avg.)

5 Years

+28.37%

+24.09% (Cat Avg.)

10 Years

+15.51%

+14.51% (Cat Avg.)

Since Inception

+17.86%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹6,506.21 Cr	93.55%
Others	₹448.73 Cr	6.45%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹554.3 Cr	7.97%
Reliance Industries Ltd	Equity	₹468.9 Cr	6.74%
Triparty Repo Trp_020625	Cash - Repurchase Agreement	₹445.41 Cr	6.40%
ICICI Bank Ltd	Equity	₹390.37 Cr	5.61%
Axis Bank Ltd	Equity	₹345.74 Cr	4.97%
Tata Consultancy Services Ltd	Equity	₹294.39 Cr	4.23%
Infosys Ltd	Equity	₹210.96 Cr	3.03%
Kotak Mahindra Bank Ltd	Equity	₹207.47 Cr	2.98%
Bharti Airtel Ltd	Equity	₹185.62 Cr	2.67%
Hero MotoCorp Ltd	Equity	₹150.83 Cr	2.17%
Jindal Steel & Power Ltd	Equity	₹142.34 Cr	2.05%
Maruti Suzuki India Ltd	Equity	₹135.51 Cr	1.95%
CG Power & Industrial Solutions Ltd	Equity	₹130.47 Cr	1.88%
ICICI Lombard General Insurance Co Ltd	Equity	₹118.15 Cr	1.70%
Avenue Supermarts Ltd	Equity	₹110.06 Cr	1.58%
HDFC Life Insurance Co Ltd	Equity	₹108.76 Cr	1.56%
United Spirits Ltd	Equity	₹106.41 Cr	1.53%
Sun Pharmaceuticals Industries Ltd	Equity	₹104.85 Cr	1.51%
ITC Ltd	Equity	₹104.51 Cr	1.50%
Nestle India Ltd	Equity	₹103.04 Cr	1.48%
GlaxoSmithKline Pharmaceuticals Ltd	Equity	₹99.59 Cr	1.43%
Bosch Ltd	Equity	₹97.39 Cr	1.40%
Poonawalla Fincorp Ltd	Equity	₹96.9 Cr	1.39%
Bayer CropScience Ltd	Equity	₹96.53 Cr	1.39%
Vedanta Ltd	Equity	₹95.82 Cr	1.38%
Bajaj Finance Ltd	Equity	₹91.81 Cr	1.32%
Mahindra & Mahindra Financial Services Ltd	Equity	₹91.39 Cr	1.31%
Asian Paints Ltd	Equity	₹90.36 Cr	1.30%
Titan Co Ltd	Equity	₹88.88 Cr	1.28%
Aurobindo Pharma Ltd	Equity	₹86.09 Cr	1.24%
Grasim Industries Ltd	Equity	₹76.37 Cr	1.10%
United Breweries Ltd	Equity	₹74.13 Cr	1.07%
Larsen & Toubro Ltd	Equity	₹73.5 Cr	1.06%
VRL Logistics Ltd	Equity	₹73.1 Cr	1.05%
Mahindra Lifespace Developers Ltd	Equity	₹69.26 Cr	1.00%
Dr Reddy's Laboratories Ltd	Equity	₹68.82 Cr	0.99%
Lupin Ltd	Equity	₹68.52 Cr	0.99%
IDFC First Bank Ltd	Equity	₹67.97 Cr	0.98%
State Bank of India	Equity	₹67.01 Cr	0.96%
Avanti Feeds Ltd	Equity	₹65.41 Cr	0.94%
Bharat Petroleum Corp Ltd	Equity	₹63.68 Cr	0.92%
Greenpanel Industries Ltd Ordinary Shares	Equity	₹59.32 Cr	0.85%
MAS Financial Services Ltd Ordinary Shares	Equity	₹58.31 Cr	0.84%
KEC International Ltd	Equity	₹58.27 Cr	0.84%
EIH Ltd	Equity	₹55.44 Cr	0.80%
Ramco Cements Ltd	Equity	₹54.55 Cr	0.78%
SBI Life Insurance Co Ltd	Equity	₹54.37 Cr	0.78%
UNO Minda Ltd	Equity	₹50.33 Cr	0.72%
NTPC Ltd	Equity	₹50.09 Cr	0.72%
Sterlite Technologies Ltd	Equity	₹48.2 Cr	0.69%
Sandhar Technologies Ltd Ordinary Shares	Equity	₹47.9 Cr	0.69%
Kirloskar Ferrous Industries Ltd	Equity	₹45.37 Cr	0.65%
Sobha Ltd	Equity	₹42.99 Cr	0.62%
Cipla Ltd	Equity	₹29.31 Cr	0.42%
GAIL (India) Ltd	Equity	₹28.47 Cr	0.41%
Yatra Online Ltd	Equity	₹26.98 Cr	0.39%
Sterling and Wilson Renewable Energy Ltd	Equity	₹25.42 Cr	0.37%
Apollo Pipes Ltd	Equity	₹22.87 Cr	0.33%
Deepak Nitrite Ltd	Equity	₹18.25 Cr	0.26%
Stl Networks Limit	Equity	₹17.33 Cr	0.25%
Khadim India Ltd	Equity	₹13.48 Cr	0.19%
NCC Ltd	Equity	₹9.25 Cr	0.13%
Mahindra Lifespace Developers Limited **	Equity	₹6.41 Cr	0.09%
V-Mart Retail Ltd	Equity	₹5.34 Cr	0.08%
Mahindra &Mah Fin	Equity	₹2.81 Cr	0.04%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹2.46 Cr	0.04%
Net Current Assets	Cash	₹0.85 Cr	0.01%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹2,252.53 Cr	32.39%
Consumer Cyclical	₹672.07 Cr	9.66%
Basic Materials	₹633.54 Cr	9.11%
Technology	₹578.97 Cr	8.32%
Consumer Defensive	₹563.55 Cr	8.10%
Energy	₹532.58 Cr	7.66%
Healthcare	₹457.18 Cr	6.57%
Industrials	₹412.82 Cr	5.94%
Communication Services	₹185.62 Cr	2.67%
Real Estate	₹112.25 Cr	1.61%
Utilities	₹78.56 Cr	1.13%

Risk & Performance Ratios

Fund Managers

Daylynn Pinto

Since October 2016

Ritika Behera

Since October 2023

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st May 2025

ISIN

INF194K01Y29

Expense Ratio

0.64%

Exit Load

No Charges

Fund Size

₹6,955 Cr

Age

12 years 5 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

BSE 500 India TR INR

Investment 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

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk	2.3%	0.0%	₹55.57 Cr	-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.5%	0.0%	₹55.57 Cr	-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹202.42 Cr	3.9%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹58.23 Cr	-2.2%
SBI Long Term Advantage Fund Series II Regular Growth Very High Risk	-	0.0%	₹34.17 Cr	6.4%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk	-	0.0%	₹58.23 Cr	-2.4%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk	1.4%	0.0%	₹30.17 Cr	1.5%

About the AMC

Bandhan Mutual Fund

022-66289999

https://bandhanmutual.com/

Total AUM

₹1,69,192 Cr

Address

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

Other Funds by Bandhan Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	0.0%	₹1928.26 Cr	10.9%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹54.86 Cr	0.6%
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹448.36 Cr	-8.6%
Bandhan Retirement Fund Direct Growth Very High Risk	0.7%	0.0%	₹180.46 Cr	5.9%
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹25.54 Cr	14.1%
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%	₹334.47 Cr	11.1%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹800.62 Cr	6.5%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹13625.91 Cr	7.3%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹9106.59 Cr	7.6%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2938.61 Cr	6.9%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹1862.19 Cr	6.2%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.5%	1.0%	₹19.21 Cr	6.7%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹3431.61 Cr	7.1%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹1838.84 Cr	10.3%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.1%	0.0%	₹371.62 Cr	11.3%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.8%	0.0%	₹1700.65 Cr	-6.2%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.1%	0.0%	₹116.61 Cr	7.2%
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.6%	0.0%	₹1487.56 Cr	9.9%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹493.96 Cr	7.1%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10885.31 Cr	8.3%
Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk	0.3%	0.0%	₹10116.37 Cr	10.0%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹1886.21 Cr	6.2%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹9961.02 Cr	1.6%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7356.66 Cr	5.9%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹105.78 Cr	9.0%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.6%	0.0%	₹6954.94 Cr	2.7%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6506.28 Cr	8.3%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth Moderately High risk	0.2%	1.0%	₹6.25 Cr	7.8%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹439.97 Cr	7.9%
Bandhan Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2617.20 Cr	4.7%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1039.30 Cr	15.2%
Bandhan Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹311.97 Cr	10.0%
Bandhan Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹9042.14 Cr	7.8%
Bandhan US Equity Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹315.53 Cr	11.9%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹439.97 Cr	11.4%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹152.67 Cr	9.7%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹544.17 Cr	11.3%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4561.87 Cr	7.8%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth High Risk	0.4%	1.0%	₹19.33 Cr	7.5%
Bandhan Equity Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹303.48 Cr	7.4%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹132.79 Cr	8.1%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1499.21 Cr	4.5%
Bandhan All Seasons Bond Fund Direct Growth Moderately High risk	0.0%	0.0%	₹462.54 Cr	9.2%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹132.27 Cr	-14.0%
Bandhan Emerging Businesses Fund Direct Growth Very High Risk	0.4%	1.0%	₹11743.70 Cr	15.9%
Bandhan Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹903.65 Cr	12.8%
Bandhan Nifty 100 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹181.99 Cr	3.7%
Bandhan Credit Risk Fund Direct Growth Moderately High risk	0.7%	1.0%	₹282.69 Cr	9.1%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Bandhan Tax Advantage (ELSS) Fund Direct Growth?

The NAV of Bandhan Tax Advantage (ELSS) Fund Direct Growth, as of 18-Jun-2025, is ₹172.91.

What are the returns of Bandhan Tax Advantage (ELSS) Fund Direct Growth?

The fund has generated 2.69% over the last 1 year and 22.54% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Bandhan Tax Advantage (ELSS) Fund Direct Growth?

The fund's allocation of assets is distributed as 93.55% in equities, 0.00% in bonds, and 6.45% in cash and cash equivalents.

Who manages the Bandhan Tax Advantage (ELSS) Fund Direct Growth?

The fund managers responsible for Bandhan Tax Advantage (ELSS) Fund Direct Growth are:-

Daylynn Pinto
Ritika Behera
Gaurav Satra

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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