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Bandhan Tax Advantage (ELSS) Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (20-Dec-24)
₹167.95-1.52%1D
Returns (Since Inception)
18.37%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹6,894 Cr
Expense Ratio
0.66%
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 11 years, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹167.95, Assets Under Management (AUM) of 6894.23 Crores, and an expense ratio of 0.66%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹167.95, Assets Under Management (AUM) of 6894.23 Crores, and an expense ratio of 0.66%.
- Bandhan Tax Advantage (ELSS) Fund Direct Growth has given a CAGR return of 18.37% since inception.
- The fund's asset allocation comprises around 95.64% in equities, 0.00% in debts, and 4.36% 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
+17.79%
+23.18% (Cat Avg.)
3 Years
+18.31%
+18.33% (Cat Avg.)
5 Years
+23.23%
+19.38% (Cat Avg.)
10 Years
+16.76%
+14.15% (Cat Avg.)
Since Inception
+18.37%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹6,593.83 Cr | 95.64% |
| Others | ₹300.41 Cr | 4.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹449.01 Cr | 6.51% |
| ICICI Bank Ltd | Equity | ₹390.03 Cr | 5.66% |
| Reliance Industries Ltd | Equity | ₹335.97 Cr | 4.87% |
| Triparty Repo Trp_021224 | Cash - Repurchase Agreement | ₹306.39 Cr | 4.44% |
| Axis Bank Ltd | Equity | ₹284.08 Cr | 4.12% |
| Infosys Ltd | Equity | ₹260.1 Cr | 3.77% |
| Bharti Airtel Ltd | Equity | ₹178.99 Cr | 2.60% |
| Tata Consultancy Services Ltd | Equity | ₹170.83 Cr | 2.48% |
| NTPC Ltd | Equity | ₹145.46 Cr | 2.11% |
| CG Power & Industrial Solutions Ltd | Equity | ₹139.13 Cr | 2.02% |
| Jindal Steel & Power Ltd | Equity | ₹135.97 Cr | 1.97% |
| Cipla Ltd | Equity | ₹130.38 Cr | 1.89% |
| Larsen & Toubro Ltd | Equity | ₹130.37 Cr | 1.89% |
| HCL Technologies Ltd | Equity | ₹129.36 Cr | 1.88% |
| KEC International Ltd | Equity | ₹126.52 Cr | 1.84% |
| Bosch Ltd | Equity | ₹120.63 Cr | 1.75% |
| ITC Ltd | Equity | ₹119.19 Cr | 1.73% |
| State Bank of India | Equity | ₹117.45 Cr | 1.70% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹111.71 Cr | 1.62% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹111.31 Cr | 1.61% |
| Maruti Suzuki India Ltd | Equity | ₹110.74 Cr | 1.61% |
| United Spirits Ltd | Equity | ₹107.04 Cr | 1.55% |
| Hero MotoCorp Ltd | Equity | ₹104.76 Cr | 1.52% |
| Tech Mahindra Ltd | Equity | ₹102.74 Cr | 1.49% |
| IndusInd Bank Ltd | Equity | ₹99.59 Cr | 1.44% |
| Kotak Mahindra Bank Ltd | Equity | ₹97.09 Cr | 1.41% |
| Avenue Supermarts Ltd | Equity | ₹92.74 Cr | 1.35% |
| Aurobindo Pharma Ltd | Equity | ₹91.54 Cr | 1.33% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹79.89 Cr | 1.16% |
| HDFC Life Insurance Co Ltd | Equity | ₹78.93 Cr | 1.14% |
| Grasim Industries Ltd | Equity | ₹78.19 Cr | 1.13% |
| Vedanta Ltd | Equity | ₹77.1 Cr | 1.12% |
| Lupin Ltd | Equity | ₹76.9 Cr | 1.12% |
| Mahindra Lifespace Developers Ltd | Equity | ₹75.47 Cr | 1.09% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹75.19 Cr | 1.09% |
| Dabur India Ltd | Equity | ₹73.8 Cr | 1.07% |
| UNO Minda Ltd | Equity | ₹73.59 Cr | 1.07% |
| Indian Hotels Co Ltd | Equity | ₹71.4 Cr | 1.04% |
| United Breweries Ltd | Equity | ₹68.27 Cr | 0.99% |
| Poonawalla Fincorp Ltd | Equity | ₹67.35 Cr | 0.98% |
| VRL Logistics Ltd | Equity | ₹66.76 Cr | 0.97% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹66 Cr | 0.96% |
| Hindalco Industries Ltd | Equity | ₹65.62 Cr | 0.95% |
| Bayer CropScience Ltd | Equity | ₹62.62 Cr | 0.91% |
| Nestle India Ltd | Equity | ₹61.45 Cr | 0.89% |
| Dr Reddy's Laboratories Ltd | Equity | ₹60.12 Cr | 0.87% |
| Ramco Cements Ltd | Equity | ₹58.35 Cr | 0.85% |
| Info Edge (India) Ltd | Equity | ₹57.79 Cr | 0.84% |
| Sterlite Technologies Ltd | Equity | ₹57.79 Cr | 0.84% |
| NCC Ltd | Equity | ₹55.75 Cr | 0.81% |
| EIH Ltd | Equity | ₹55.01 Cr | 0.80% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹54.99 Cr | 0.80% |
| Avanti Feeds Ltd | Equity | ₹52.76 Cr | 0.77% |
| Sandhar Technologies Ltd Ordinary Shares | Equity | ₹52.68 Cr | 0.76% |
| Tata Power Co Ltd | Equity | ₹49.7 Cr | 0.72% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹45.13 Cr | 0.65% |
| Oil & Natural Gas Corp Ltd | Equity | ₹43.64 Cr | 0.63% |
| SBI Life Insurance Co Ltd | Equity | ₹43.13 Cr | 0.63% |
| Deepak Nitrite Ltd | Equity | ₹40.91 Cr | 0.59% |
| Power Grid Corp Of India Ltd | Equity | ₹39.53 Cr | 0.57% |
| Sobha Ltd | Equity | ₹36.72 Cr | 0.53% |
| Gland Pharma Ltd | Equity | ₹34.76 Cr | 0.50% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹29.19 Cr | 0.42% |
| Yatra Online Ltd | Equity | ₹28.04 Cr | 0.41% |
| Khadim India Ltd | Equity | ₹24.78 Cr | 0.36% |
| Apollo Pipes Ltd | Equity | ₹24.7 Cr | 0.36% |
| Tata Motors Ltd | Equity | ₹23.59 Cr | 0.34% |
| Devyani International Ltd | Equity | ₹11.57 Cr | 0.17% |
| Net Current Assets | Cash | ₹-7.66 Cr | 0.11% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹1.98 Cr | 0.03% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹1.69 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
67.02%
Mid Cap Stocks
14.13%
Small Cap Stocks
14.49%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,868.54 Cr | 27.10% |
| Technology | ₹750.01 Cr | 10.88% |
| Consumer Cyclical | ₹676.8 Cr | 9.82% |
| Basic Materials | ₹600.62 Cr | 8.71% |
| Industrials | ₹588.34 Cr | 8.53% |
| Consumer Defensive | ₹575.25 Cr | 8.34% |
| Healthcare | ₹571 Cr | 8.28% |
| Energy | ₹379.61 Cr | 5.51% |
| Communication Services | ₹236.77 Cr | 3.43% |
| Utilities | ₹234.69 Cr | 3.40% |
| Real Estate | ₹112.19 Cr | 1.63% |
Risk & Performance Ratios
Standard Deviation
This fund
13.04%
Cat. avg.
13.07%
Lower the better
Sharpe Ratio
This fund
0.91
Cat. avg.
0.87
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.57
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th November 2024
ISIN INF194K01Y29 | Expense Ratio 0.66% | Exit Load No Charges | Fund Size ₹6,894 Cr | Age 11 years 11 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:
Dividend Taxation:
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  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4662.92 Cr | 23.5% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4662.92 Cr | 22.1% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36373.17 Cr | 20.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4385.16 Cr | 22.9% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4385.16 Cr | 21.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹53.51 Cr | 21.3% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹53.51 Cr | 19.4% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.64 Cr | 28.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.64 Cr | 26.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1558.02 Cr | 14.3% |
About the AMC
Bandhan Mutual Fund
Total AUM
₹1,62,815 Cr
Address
6th Floor, 841, One World Center, Mumbai, 400013
Other Funds by Bandhan Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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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 20-Dec-2024, is ₹167.95.
What are the returns of Bandhan Tax Advantage (ELSS) Fund Direct Growth?
The fund has generated 17.79% over the last 1 year and 18.31% 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 95.64% in equities, 0.00% in bonds, and 4.36% 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.