Bandhan Equity Savings Fund
Equity SavingsLow to ModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹32.35+0.13%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹31.28 — ₹32.83
- AUM
- ₹409 Cr
Bandhan Equity Savings Fund is a Equity Savings hybrid fund from Bandhan Mutual Fund with ₹409 Cr under management, launched in 2008. Over three years it has returned 4.6% a year, against 7.6% for its category. The expense ratio is 1.57% and the SEBI riskometer reading is Low to Moderate.
Performance
Bandhan Equity Savings Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.0% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.6% | −0.9 pts | 3.5% | 1.8% |
| 2Y | 3.6% | −0.2 pts | 3.8% | 3.2% |
| 3Y | 4.6% | −3.0 pts | 7.6% | 4.4% |
| 5Y | 5.8% | −1.0 pts | 6.8% | 6.1% |
| 7Y | 6.5% | −1.4 pts | 7.9% | 7.0% |
| 10Y | 6.4% | −1.0 pts | 7.4% | 6.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.6% | +0.2 pts | -0.8% | -0.9% |
| 3M | 0.5% | −0.2 pts | 0.6% | 0.3% |
| 6M | 3.0% | −1.2 pts | 4.2% | 3.6% |
| 1Y | 3.0% | −0.5 pts | 3.5% | 2.6% |
| 2Y | 3.8% | +0.6 pts | 3.1% | 2.6% |
| 3Y | 6.1% | −1.5 pts | 7.6% | 6.6% |
| 5Y | 5.5% | −1.3 pts | 6.8% | 5.9% |
| 7Y | 6.9% | −1.3 pts | 8.2% | 7.4% |
| 10Y | 6.2% | −1.3 pts | 7.4% | 6.8% |
Since launch (5 May 2008): 6.6%
Calendar-year returns
Category average9.8%
10.2%
2.5%
9.6%
7.5%
6.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.4% | −1.0 pts | 7.3% |
| 2024 | 7.5% | −4.4 pts | 11.9% |
| 2023 | 9.6% | −4.7 pts | 14.3% |
| 2022 | 2.5% | −1.7 pts | 4.2% |
| 2021 | 10.2% | −3.4 pts | 13.6% |
| 2020 | 9.8% | −0.6 pts | 10.5% |
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
1.55%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.93%
- Brokerage
- 0.08%
- Transaction charges
- 0.02%
- Statutory levies
- 0.52%
- Exit load
- Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Equity Saving
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- 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.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.87 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.35 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.55 | 6.16 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bandhan Equity Savings Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity20.2%
- Debt31.7%
- Other48.0%
Market cap split
- Large94.7%
- Mid5.3%
- Small0.0%
- P/E
- 20.20
- P/B
- 2.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 47.90% | ₹196 Cr | +232.79% | +239.18% | +277.58% |
| Bandhan Money Market Fund Direct-Growth | Unclassified | 6.97% | ₹28.52 Cr | +7.15% | +6.66% | +8.02% |
| National Bank For Agriculture & Rural Development | Financial | 4.38% | ₹17.95 Cr | +2.54% | +1.22% | — |
| Bajaj Housing Finance Ltd. | Financial | 3.65% | ₹14.96 Cr | +2.52% | +2.40% | — |
| REC Ltd. | Financial | 2.43% | ₹9.96 Cr | +2.56% | — | — |
| Bajaj Finance Ltd. | Financial | 1.54% | ₹6.31 Cr | -0.47% | -0.49% | -0.18% |
| Maruti Suzuki India Ltd. | Automobile | 1.34% | ₹5.47 Cr | -4.66% | -4.94% | -4.38% |
| ICICI Bank Ltd. | Financial | 1.34% | ₹5.47 Cr | -1.43% | -1.48% | -11.07% |
| Uttar Pradesh State | Others | 1.26% | ₹5.16 Cr | +1.32% | +1.27% | +1.57% |
| Gujarat State | Construction | 1.26% | ₹5.15 Cr | +1.31% | +1.26% | +1.57% |
| GOI | Sovereign | 1.24% | ₹5.07 Cr | +1.29% | +1.24% | +1.53% |
| company:4907 | Financial | 1.22% | ₹4.99 Cr | +0.51% | — | — |
| company:18251 | Financial | 1.21% | ₹4.96 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.80% | ₹3.28 Cr | -2.19% | -1.98% | -2.25% |
| Nestle India Ltd. | Consumer Staples | 0.80% | ₹3.27 Cr | -3.37% | -2.87% | 0.00% |
| Bajaj Auto Ltd. | Automobile | 0.79% | ₹3.25 Cr | +1.44% | +1.38% | 0.00% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.77% | ₹3.13 Cr | +0.79% | 0.00% | 0.00% |
| Tata Consultancy Services Ltd. | Technology | 0.76% | ₹3.10 Cr | 0.00% | -1.00% | -3.62% |
| Bajaj Finserv Ltd. | Financial | 0.72% | ₹2.94 Cr | -2.03% | -2.10% | 0.00% |
| SBI Life Insurance Company Ltd. | Insurance | 0.72% | ₹2.94 Cr | -0.78% | -0.82% | -0.90% |
| Titan Company Ltd. | Consumer Discretionary | 0.72% | ₹2.94 Cr | +2.41% | -0.95% | -0.23% |
| NTPC Ltd. | Energy | 0.71% | ₹2.91 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | 0.71% | ₹2.91 Cr | +0.66% | +0.75% | +0.45% |
| Pidilite Industries Ltd. | Chemicals | 0.70% | ₹2.87 Cr | -4.21% | -3.98% | -5.06% |
| HCL Technologies Ltd. | Technology | 0.68% | ₹2.78 Cr | 0.00% | -0.91% | -1.20% |
| Cipla Ltd. | Healthcare | 0.67% | ₹2.75 Cr | +0.79% | 0.00% | 0.00% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.67% | ₹2.73 Cr | +0.78% | 0.00% | -1.55% |
| Tamilnadu State | Others | 0.66% | ₹2.69 Cr | +0.68% | +1.88% | +2.33% |
| State Bank of India | Financial | 0.66% | ₹2.68 Cr | -4.81% | -3.94% | -9.07% |
| Wipro Ltd. | Technology | 0.65% | ₹2.65 Cr | +1.02% | +0.86% | 0.00% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.64% | ₹2.63 Cr | +0.62% | +0.73% | +0.37% |
| Bharti Airtel Ltd. | Communication | 0.64% | ₹2.61 Cr | -4.59% | -2.15% | -1.22% |
| Ultratech Cement Ltd. | Materials | 0.63% | ₹2.58 Cr | -0.15% | -0.15% | -0.19% |
| HDFC Bank Ltd. | Financial | 0.62% | ₹2.55 Cr | -9.89% | -0.01% | -11.47% |
| Reliance Industries Ltd. | Energy | 0.62% | ₹2.53 Cr | -5.60% | -5.55% | -6.71% |
| Kotak Mahindra Bank Ltd. | Financial | 0.62% | ₹2.52 Cr | -6.01% | -6.09% | -5.44% |
| Asian Paints Ltd. | Materials | 0.61% | ₹2.51 Cr | -0.69% | -0.56% | -0.75% |
| Infosys Ltd. | Technology | 0.61% | ₹2.50 Cr | 0.00% | +0.91% | -4.25% |
| ITC Ltd. | Consumer Staples | 0.59% | ₹2.42 Cr | -5.33% | -5.44% | -6.17% |
| Larsen & Toubro Ltd. | Construction | 0.54% | ₹2.22 Cr | -7.76% | -12.69% | -7.53% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.54% | ₹2.21 Cr | 0.00% | +0.69% | 0.00% |
| Shree Cement Ltd. | Materials | 0.54% | ₹2.19 Cr | +0.66% | +0.63% | — |
| Maharashtra State | Others | 0.25% | ₹1.03 Cr | +0.26% | +0.25% | +0.31% |
| Axis Bank Ltd. | Financial | 0.09% | ₹0.35 Cr | -8.12% | -8.40% | +7.84% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.03% | ₹0.13 Cr | -2.54% | -1.89% | — |
| Grasim Industries Ltd. | Materials | 0.02% | ₹0.08 Cr | -3.76% | -3.16% | -3.89% |
| Aurobindo Pharma Ltd. | Healthcare | 0.02% | ₹0.08 Cr | -2.35% | -2.61% | -2.73% |
| Tata Steel Ltd. | Metals & Mining | 0.01% | ₹0.03 Cr | -2.50% | -2.44% | -2.20% |
| Kwality Wall's (India) Ltd. | Consumer Staples | 0.00% | ₹0.02 Cr | 0.00% | 0.00% | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.01 Cr | -0.12% | -0.15% | — |
| Aditya Birla Capital Ltd. | Financial | 0.00% | ₹0.01 Cr | -0.23% | -0.21% | — |
| Canara Bank | Financial | 0.00% | ₹0.00 Cr | — | — | — |
| TVS Motor Company Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -1.00% | — | — |
| Container Corporation Of India Ltd. | Services | -0.00% | ₹-0.00 Cr | -0.18% | -0.18% | -0.36% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.44% | -0.39% | — |
| Dabur India Ltd. | Consumer Staples | -0.01% | ₹-0.03 Cr | -1.35% | -1.48% | -1.85% |
| Punjab National Bank | Financial | -0.01% | ₹-0.03 Cr | -2.41% | -2.76% | — |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.03 Cr | -1.88% | -1.45% | -0.47% |
| JSW Steel Ltd. | Metals & Mining | -0.01% | ₹-0.04 Cr | -1.39% | -1.28% | -1.30% |
| Tata Power Company Ltd. | Energy | -0.01% | ₹-0.04 Cr | -2.48% | -2.09% | -3.98% |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.02% | ₹-0.07 Cr | -1.06% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | 7.00% | 4.38% | -2.62% |
| Others | 44.82% | 46.10% | +1.27% |
| LIC Housing Finance Ltd. | 1.25% | 0.00% | -1.25% |
| company:4907 | 0.00% | 1.22% | +1.22% |
| company:18251 | 0.00% | 1.21% | +1.21% |
| NTPC Ltd. | -0.00% | 0.71% | +0.71% |
| ICICI Bank Ltd. | -0.53% | -1.00% | -0.48% |
| Bajaj Finserv Ltd. | -0.75% | -1.17% | -0.42% |
| Maruti Suzuki India Ltd. | -0.76% | -0.48% | +0.28% |
| HDFC Bank Ltd. | -3.26% | -3.03% | +0.23% |
| Kotak Mahindra Bank Ltd. | -2.95% | -3.15% | -0.20% |
| Bharti Airtel Ltd. | -2.44% | -2.26% | +0.18% |
| Eternal Ltd. | -0.15% | 0.00% | +0.15% |
| Bajaj Finance Ltd. | -0.19% | -0.34% | -0.14% |
| ITC Ltd. | -1.69% | -1.55% | +0.14% |
| Bandhan Money Market Fund Direct-Growth | 7.09% | 6.97% | -0.12% |
| Tata Power Company Ltd. | -1.09% | -0.98% | +0.11% |
| Grasim Industries Ltd. | -1.80% | -1.89% | -0.09% |
| Shree Cement Ltd. | 0.62% | 0.54% | -0.08% |
| Reliance Industries Ltd. | -2.69% | -2.61% | +0.08% |
| Cipla Ltd. | 0.75% | 0.67% | -0.08% |
| Tata Steel Ltd. | -1.13% | -1.06% | +0.07% |
| Dabur India Ltd. | -0.62% | -0.55% | +0.07% |
| Nestle India Ltd. | -1.15% | -1.09% | +0.07% |
| Sun Pharmaceutical Industries Ltd. | -1.17% | -1.11% | +0.06% |
| Aurobindo Pharma Ltd. | -1.26% | -1.32% | -0.06% |
| Dr. Reddy's Laboratories Ltd. | 0.59% | 0.54% | -0.05% |
| Hindustan Unilever Ltd. | 0.72% | 0.67% | -0.05% |
| Torrent Pharmaceuticals Ltd. | 0.69% | 0.64% | -0.05% |
| GOI | 1.28% | 1.24% | -0.04% |
| SBI Life Insurance Company Ltd. | -0.39% | -0.35% | +0.03% |
| Uttar Pradesh State | 1.29% | 1.26% | -0.03% |
| Gujarat State | 1.29% | 1.26% | -0.03% |
| Bajaj Housing Finance Ltd. | 1.24% | 1.21% | -0.03% |
| Canara Bank | -2.96% | -2.93% | +0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.80% | 0.77% | -0.03% |
| REC Ltd. | 1.25% | 1.23% | -0.03% |
| Adani Ports and Special Economic Zone Ltd. | -0.49% | -0.46% | +0.03% |
| Axis Bank Ltd. | -3.76% | -3.78% | -0.02% |
| Britannia Industries Ltd. | 0.73% | 0.71% | -0.02% |
| Glenmark Pharmaceuticals Ltd. | -0.21% | -0.23% | -0.02% |
| Tamilnadu State | 0.68% | 0.66% | -0.02% |
| Hindalco Industries Ltd. | -0.79% | -0.81% | -0.02% |
| Bharat Electronics Ltd. | -0.46% | -0.48% | -0.02% |
| Titan Company Ltd. | -0.56% | -0.57% | -0.02% |
| Asian Paints Ltd. | -0.22% | -0.21% | +0.02% |
| TVS Motor Company Ltd. | -0.96% | -0.95% | +0.02% |
| Pidilite Industries Ltd. | -2.23% | -2.21% | +0.02% |
| Infosys Ltd. | -0.01% | -0.00% | +0.01% |
| Punjab National Bank | -1.25% | -1.24% | +0.01% |
| JSW Steel Ltd. | -0.67% | -0.68% | -0.01% |
| HCL Technologies Ltd. | -0.01% | -0.00% | +0.01% |
| Maharashtra State | 0.26% | 0.25% | -0.01% |
| Tata Consultancy Services Ltd. | -0.01% | -0.00% | +0.01% |
| State Bank of India | -1.65% | -1.64% | +0.01% |
| Wipro Ltd. | -0.01% | -0.00% | 0.00% |
| Larsen & Toubro Ltd. | -2.40% | -2.41% | 0.00% |
| CG Power and Industrial Solutions Ltd. | -1.16% | -1.17% | 0.00% |
| Container Corporation Of India Ltd. | -0.10% | -0.09% | 0.00% |
| Ultratech Cement Ltd. | -0.07% | -0.07% | 0.00% |
| Aditya Birla Capital Ltd. | -0.13% | -0.12% | 0.00% |
| ICICI Prudential Life Insurance Company Ltd. | -0.06% | -0.06% | 0.00% |
| Bajaj Auto Ltd. | -0.01% | -0.00% | 0.00% |
| Kwality Wall's (India) Ltd. | 0.00% | 0.00% | 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 | ₹3,230 Cr | 2.25% | 4.9% | 7.1% | 8.8% |
 Kotak Equity Savings Fund | ₹10,684 Cr | 2.12% | 3.2% | 6.0% | 8.3% |
 Mirae Asset Equity Savings Fund | ₹2,041 Cr | 1.73% | 3.4% | 6.4% | 8.3% |
 Edelweiss Equity Savings Fund | ₹1,660 Cr | 2.15% | 8.1% | 8.7% | 9.5% |
 HSBC Equity Savings Fund | ₹1,475 Cr | 2.46% | 7.4% | 9.0% | 10.8% |
 Baroda BNP Paribas Equity Savings Fund | ₹289 Cr | 2.81% | 2.3% | 5.4% | 7.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.
Fund managers
- Harshal JoshiMr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, MumbaiPrior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.
- Kapil KankonkarBachelor of Engineering, Master of Management Studies.Prior to joining the Bandhan AMC, he was associated with Kotak Securities Ltd, JM Financial Services Ltd,
- Viraj KulkarniMr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance).Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).
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 months3.04% absolute | ₹60,000 | ₹61,824 | 3.04% | |
| 1 year3.05% annualised | ₹1,20,000 | ₹1,22,001 | 1.67% | |
| 3 years6.10% annualised | ₹3,60,000 | ₹3,95,953 | 9.99% | |
| 5 years5.54% annualised | ₹6,00,000 | ₹6,92,697 | 15.45% |
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 Equity Savings Fund?
The NAV of Bandhan Equity Savings Fund is ₹32.35 as on 25 Sep 2026.
What is the expense ratio of Bandhan Equity Savings Fund?
The expense ratio of Bandhan Equity Savings Fund is 1.57% per year.
What is the minimum SIP amount for Bandhan Equity Savings Fund?
You can start a SIP in Bandhan Equity Savings Fund with ₹3,000 a month.
What returns has Bandhan Equity Savings Fund given?
Bandhan Equity Savings Fund has returned 2.6% over 1 year, 4.6% over 3 years and 5.8% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan Equity Savings Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days..
How risky is Bandhan Equity Savings Fund?
Bandhan Equity Savings Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Equity Savings category.
Which fund house manages Bandhan Equity Savings Fund?
Bandhan Equity Savings Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,06,009 Cr under management.