Bandhan ELSS - Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹159.27+0.29%1 day
- Return since launch
- 16.7%
- 52-week range
- ₹137.74 — ₹160.14
- AUM
- ₹6,596 Cr
Bandhan ELSS - Tax Saver Fund is a ELSS equity fund from Bandhan Mutual Fund with ₹6,596 Cr under management, launched in 2008. Over three years it has returned 5.5% a year, against 11.4% for its category. The expense ratio is 2.00% and the SEBI riskometer reading is Very High.
Performance
Bandhan ELSS - Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.3% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.9% | +7.3 pts | 0.6% | 6.0% |
| 2Y | 5.9% | +1.7 pts | 4.3% | 3.9% |
| 3Y | 5.5% | −5.9 pts | 11.4% | 4.6% |
| 5Y | 9.8% | +0.1 pts | 9.8% | 9.3% |
| 7Y | 14.3% | +1.0 pts | 13.3% | 12.1% |
| 10Y | 14.1% | +1.1 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.0% | +1.3 pts | 6.7% | 7.5% |
| 3M | 0.9% | +1.4 pts | -0.5% | -0.5% |
| 6M | 5.3% | +0.7 pts | 4.6% | 4.7% |
| 1Y | 2.7% | +2.1 pts | 0.6% | 0.3% |
| 2Y | 3.1% | +1.3 pts | 1.9% | 1.4% |
| 3Y | 10.4% | −1.0 pts | 11.4% | 10.7% |
| 5Y | 9.6% | −0.2 pts | 9.8% | 8.8% |
| 7Y | 16.6% | +2.0 pts | 14.6% | 12.7% |
| 10Y | 14.3% | +1.3 pts | 12.9% | 11.5% |
Since launch (1 Dec 2008): 16.7%
Calendar-year returns
Category average18.7%
49.2%
4.2%
28.3%
13.0%
8.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.0% | +3.5 pts | 4.5% |
| 2024 | 13.0% | −7.3 pts | 20.3% |
| 2023 | 28.3% | −3.5 pts | 31.8% |
| 2022 | 4.2% | +0.7 pts | 3.5% |
| 2021 | 49.2% | +9.3 pts | 39.9% |
| 2020 | 18.7% | 0.0 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.99%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.55%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.84 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.88 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.27 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.34 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.86 | 17.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bandhan ELSS - Tax Saver Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.1%
- Debt0.0%
- Other4.9%
Market cap split
- Large73.0%
- Mid16.3%
- Small10.7%
- P/E
- 20.93
- P/B
- 2.67
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 8.43% | ₹556 Cr | +8.08% | +7.11% | +7.80% |
| Kotak Mahindra Bank Ltd. | Financial | 6.64% | ₹438 Cr | +5.11% | +4.45% | +4.02% |
| Reliance Industries Ltd. | Energy | 6.12% | ₹404 Cr | +6.37% | +7.07% | +6.48% |
| ICICI Bank Ltd. | Financial | 5.41% | ₹357 Cr | +5.37% | +5.19% | +4.85% |
| Others | Others | 4.94% | ₹328 Cr | +0.09% | +0.09% | +0.09% |
| Tata Consultancy Services Ltd. | Technology | 3.89% | ₹256 Cr | +3.67% | +3.20% | +3.95% |
| Axis Bank Ltd. | Financial | 2.97% | ₹196 Cr | +3.55% | +2.78% | +3.09% |
| Infosys Ltd. | Technology | 2.86% | ₹189 Cr | +2.68% | +2.19% | +2.80% |
| Bharti Airtel Ltd. | Communication | 2.66% | ₹176 Cr | +2.55% | +2.28% | +2.43% |
| Maruti Suzuki India Ltd. | Automobile | 2.63% | ₹174 Cr | +2.76% | +1.96% | +2.31% |
| ITC Ltd. | Consumer Staples | 2.59% | ₹171 Cr | +2.08% | +1.60% | +1.73% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.45% | ₹162 Cr | +1.67% | +1.51% | +1.52% |
| Larsen & Toubro Ltd. | Construction | 2.28% | ₹150 Cr | +2.55% | +1.68% | +1.05% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.23% | ₹147 Cr | +1.58% | +1.70% | +1.63% |
| Avenue Supermarts Ltd. | Services | 2.02% | ₹133 Cr | +2.06% | +1.89% | +1.45% |
| Jindal Steel Ltd. | Metals & Mining | 1.98% | ₹131 Cr | +1.76% | +2.40% | +2.07% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.97% | ₹130 Cr | +1.96% | +1.92% | +1.58% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.87% | ₹123 Cr | +1.96% | +1.20% | +0.97% |
| Poonawalla Fincorp Ltd. | Financial | 1.75% | ₹115 Cr | +1.85% | +1.53% | +1.72% |
| Bajaj Finserv Ltd. | Financial | 1.71% | ₹113 Cr | +1.87% | +1.04% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 1.71% | ₹113 Cr | +1.36% | +1.59% | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.57% | ₹103 Cr | — | — | — |
| IDFC First Bank Ltd. | Financial | 1.48% | ₹97.73 Cr | +1.73% | +1.41% | +1.21% |
| Mahindra Lifespace Developers Ltd. | Construction | 1.46% | ₹96.20 Cr | +1.42% | +1.25% | +1.39% |
| Sterlite Technologies Ltd. | Communication | 1.45% | ₹95.54 Cr | +2.66% | +1.83% | +1.09% |
| United Spirits Ltd. | Consumer Staples | 1.44% | ₹94.75 Cr | +1.56% | +1.55% | +1.43% |
| Cipla Ltd. | Healthcare | 1.43% | ₹94.22 Cr | +1.48% | +1.17% | — |
| Eternal Ltd. | Services | 1.31% | ₹86.40 Cr | +1.15% | +0.91% | — |
| Aurobindo Pharma Ltd. | Healthcare | 1.27% | ₹83.60 Cr | +1.14% | +1.56% | +1.17% |
| Titan Company Ltd. | Consumer Discretionary | 1.22% | ₹80.27 Cr | +1.91% | +1.89% | +1.21% |
| Hero Motocorp Ltd. | Automobile | 1.19% | ₹78.62 Cr | +1.04% | +1.01% | +2.56% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 1.15% | ₹76.16 Cr | +0.97% | +0.93% | +0.84% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.10% | ₹72.66 Cr | +0.81% | +1.96% | +1.61% |
| Ultratech Cement Ltd. | Materials | 1.00% | ₹65.74 Cr | — | — | — |
| Bayer CropScience Ltd. | Chemicals | 0.98% | ₹64.93 Cr | +1.06% | +1.31% | +1.18% |
| NTPC Ltd. | Energy | 0.98% | ₹64.55 Cr | +0.88% | +1.48% | +0.98% |
| Life Insurance Corporation of India | Insurance | 0.96% | ₹63.40 Cr | — | — | — |
| GAIL (India) Ltd. | Energy | 0.90% | ₹59.69 Cr | +1.00% | +1.21% | +1.01% |
| The Ramco Cements Ltd. | Materials | 0.90% | ₹59.19 Cr | +0.88% | +0.95% | +0.85% |
| Emami Ltd. | Consumer Staples | 0.89% | ₹58.75 Cr | +0.70% | +0.52% | — |
| MAS Financial Services Ltd. | Financial | 0.86% | ₹56.54 Cr | +0.90% | +0.89% | +0.87% |
| VRL Logistics Ltd. | Services | 0.84% | ₹55.10 Cr | +0.66% | +0.73% | +0.79% |
| United Breweries Ltd. | Consumer Staples | 0.81% | ₹53.27 Cr | +0.87% | +1.20% | +0.97% |
| Grasim Industries Ltd. | Materials | 0.70% | ₹45.93 Cr | +0.67% | +0.61% | +1.19% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.64% | ₹42.50 Cr | +0.44% | — | — |
| Tata Motors Ltd. | Automobile | 0.58% | ₹37.95 Cr | +0.73% | +0.63% | — |
| Greenpanel Industries Ltd. | Materials | 0.56% | ₹36.87 Cr | +0.64% | +0.63% | +0.89% |
| Sobha Ltd. | Construction | 0.51% | ₹33.31 Cr | +0.55% | +0.57% | +0.67% |
| KEC International Ltd. | Capital Goods | 0.46% | ₹30.22 Cr | +0.60% | +0.65% | +0.75% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.38% | ₹24.77 Cr | +0.45% | — | — |
| V-Mart Retail Ltd. | Services | 0.34% | ₹22.61 Cr | +0.34% | +0.23% | +0.21% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.31% | ₹20.78 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 0.31% | ₹20.30 Cr | +0.35% | +0.83% | +0.96% |
| RHI Magnesita India Ltd. | Capital Goods | 0.26% | ₹17.32 Cr | — | — | — |
| Yatra Online Ltd. | Services | 0.26% | ₹16.98 Cr | +0.28% | +0.24% | +0.42% |
| Deepak Nitrite Ltd. | Chemicals | 0.23% | ₹15.30 Cr | +0.28% | +0.18% | +0.24% |
| Zensar Technologies Ltd. | Technology | 0.16% | ₹10.55 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 7.74% | 8.43% | +0.69% |
| Bosch Ltd. | 0.54% | 0.00% | -0.54% |
| DLF Ltd. | 0.50% | 0.00% | -0.50% |
| ICICI Lombard General Insurance Company Ltd. | 1.74% | 2.23% | +0.49% |
| HDFC Life Insurance Co Ltd. | 2.03% | 2.45% | +0.42% |
| Tata Consultancy Services Ltd. | 4.31% | 3.89% | -0.42% |
| ITC Ltd. | 2.27% | 2.59% | +0.32% |
| Kotak Mahindra Bank Ltd. | 6.32% | 6.64% | +0.32% |
| RHI Magnesita India Ltd. | 0.00% | 0.26% | +0.26% |
| IDFC First Bank Ltd. | 1.73% | 1.48% | -0.25% |
| Life Insurance Corporation of India | 1.20% | 0.96% | -0.24% |
| Infosys Ltd. | 3.09% | 2.86% | -0.23% |
| ICICI Bank Ltd. | 5.64% | 5.41% | -0.23% |
| Dr. Reddy's Laboratories Ltd. | 1.66% | 1.87% | +0.21% |
| Nestle India Ltd. | 0.21% | 0.00% | -0.21% |
| Britannia Industries Ltd. | 0.19% | 0.00% | -0.19% |
| Bharti Airtel Ltd. | 2.47% | 2.66% | +0.19% |
| Bajaj Finserv Ltd. | 1.89% | 1.71% | -0.18% |
| NTPC Ltd. | 0.80% | 0.98% | +0.18% |
| Mahindra & Mahindra Financial Services Ltd. | 2.14% | 1.97% | -0.17% |
| Hindustan Unilever Ltd. | 1.41% | 1.57% | +0.16% |
| Reliance Industries Ltd. | 6.23% | 6.12% | -0.11% |
| Eternal Ltd. | 1.41% | 1.31% | -0.10% |
| Emami Ltd. | 0.81% | 0.89% | +0.08% |
| Avenue Supermarts Ltd. | 1.96% | 2.02% | +0.06% |
| Mahindra Lifespace Developers Ltd. | 1.40% | 1.46% | +0.06% |
| Titan Company Ltd. | 1.28% | 1.22% | -0.06% |
| Zensar Technologies Ltd. | 0.10% | 0.16% | +0.06% |
| Glaxosmithkline Pharmaceuticals Ltd. | 1.20% | 1.15% | -0.05% |
| Oil And Natural Gas Corporation Ltd. | 1.66% | 1.71% | +0.05% |
| United Breweries Ltd. | 0.86% | 0.81% | -0.05% |
| Aurobindo Pharma Ltd. | 1.23% | 1.27% | +0.04% |
| Greenpanel Industries Ltd. | 0.52% | 0.56% | +0.04% |
| Larsen & Toubro Ltd. | 2.32% | 2.28% | -0.04% |
| Sun Pharmaceutical Industries Ltd. | 1.14% | 1.10% | -0.04% |
| Bayer CropScience Ltd. | 1.01% | 0.98% | -0.03% |
| Grasim Industries Ltd. | 0.73% | 0.70% | -0.03% |
| Tata Motors Ltd. | 0.61% | 0.58% | -0.03% |
| United Spirits Ltd. | 1.47% | 1.44% | -0.03% |
| V-Mart Retail Ltd. | 0.37% | 0.34% | -0.03% |
| Axis Bank Ltd. | 2.99% | 2.97% | -0.02% |
| Hero Motocorp Ltd. | 1.17% | 1.19% | +0.02% |
| Poonawalla Fincorp Ltd. | 1.73% | 1.75% | +0.02% |
| Sobha Ltd. | 0.49% | 0.51% | +0.02% |
| The Ramco Cements Ltd. | 0.88% | 0.90% | +0.02% |
| Deepak Nitrite Ltd. | 0.25% | 0.23% | -0.02% |
| KEC International Ltd. | 0.48% | 0.46% | -0.02% |
| Bharat Heavy Electricals Ltd. | 0.32% | 0.31% | -0.01% |
| Cipla Ltd. | 1.42% | 1.43% | +0.01% |
| GAIL (India) Ltd. | 0.89% | 0.90% | +0.01% |
| Godrej Consumer Products Ltd. | 0.65% | 0.64% | -0.01% |
| Jindal Steel Ltd. | 1.97% | 1.98% | +0.01% |
| MAS Financial Services Ltd. | 0.87% | 0.86% | -0.01% |
| Sterlite Technologies Ltd. | 1.46% | 1.45% | -0.01% |
| Ultratech Cement Ltd. | 0.99% | 1.00% | +0.01% |
| Vedanta Aluminium Metal Ltd. | 0.37% | 0.38% | +0.01% |
| Lupin Ltd. | 0.31% | 0.31% | 0.00% |
| Maruti Suzuki India Ltd. | 2.63% | 2.63% | 0.00% |
| Others | 0.03% | 0.03% | 0.00% |
| VRL Logistics Ltd. | 0.84% | 0.84% | 0.00% |
| Yatra Online Ltd. | 0.26% | 0.26% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Daylynn Gerard Paul PintoMr. Pinto is a B.Com (H) and PGDM.Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.28% absolute | ₹60,000 | ₹63,168 | 5.28% | |
| 1 year2.66% annualised | ₹1,20,000 | ₹1,21,743 | 1.45% | |
| 3 years10.44% annualised | ₹3,60,000 | ₹4,24,284 | 17.86% | |
| 5 years9.61% annualised | ₹6,00,000 | ₹7,72,579 | 28.76% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Bandhan ELSS - Tax Saver Fund?
The NAV of Bandhan ELSS - Tax Saver Fund is ₹159.27 as on 9 Nov 2026.
What is the expense ratio of Bandhan ELSS - Tax Saver Fund?
The expense ratio of Bandhan ELSS - Tax Saver Fund is 2.00% per year.
What is the minimum SIP amount for Bandhan ELSS - Tax Saver Fund?
You can start a SIP in Bandhan ELSS - Tax Saver Fund with ₹3,000 a month.
What returns has Bandhan ELSS - Tax Saver Fund given?
Bandhan ELSS - Tax Saver Fund has returned 7.9% over 1 year, 5.5% over 3 years and 9.8% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan ELSS - Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is Bandhan ELSS - Tax Saver Fund?
Bandhan ELSS - Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages Bandhan ELSS - Tax Saver Fund?
Bandhan ELSS - Tax Saver Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,19,896 Cr under management.