Bandhan Business Cycle Fund
Equity, % of fund99.9%Rest 0.1%: debt, money market, cash, REIT/InvIT units and other assets, not itemised here
Top 10 stocks, % of fund38.5%as the AMC's file prints % of NAV
New4stocks, by share count
Added5stocks, by share count
Trimmed70stocks, by share count
Exited10stocks, by share count
Stocks held by month, last 12 months collected. Source: Bandhan Mutual Fund monthly portfolios.
| Stock | Change | Shares before | Shares now | Difference | Value |
|---|---|---|---|---|---|
| PIRAMALFIN | New | — | 59,242 | +59,242 | ₹13.6 cr |
| VIYASH | New | — | 2.12 lakh | +2.12 lakh | ₹5.6 cr |
| SHIPROCKET | New | — | 3.80 lakh | +3.80 lakh | ₹5.3 cr |
| BRIGADE | New | — | 16,223 | +16,223 | ₹1.1 cr |
| ULTRACEMCO | Added | 14,202 | 19,214 | +5,012 | ₹22.0 cr |
| BANKINDIA | Added | 5.17 lakh | 6.82 lakh | +1.65 lakh | ₹9.7 cr |
| PHOENIXLTD | Added | 44,138 | 47,138 | +3,000 | ₹9.0 cr |
| VEDL | Added | 1.18 lakh | 2.15 lakh | +97,069 | ₹6.0 cr |
| SHARDACROP | Added | 60,501 | 70,149 | +9,648 | ₹5.4 cr |
| AXISBANK | Trimmed | 4.54 lakh | 4.45 lakh | −8,291 | ₹57.9 cr |
| HDFCBANK | Trimmed | 7.31 lakh | 7.08 lakh | −23,719 | ₹50.2 cr |
| RELIANCE | Trimmed | 3.89 lakh | 3.81 lakh | −8,610 | ₹48.6 cr |
| ICICIBANK | Trimmed | 3.63 lakh | 3.24 lakh | −39,007 | ₹47.1 cr |
| PAYTM | Trimmed | 2.79 lakh | 2.39 lakh | −39,176 | ₹41.1 cr |
| BAJFINANCE | Trimmed | 3.85 lakh | 3.79 lakh | −5,490 | ₹40.1 cr |
| BHARTIARTL | Trimmed | 2.18 lakh | 2.09 lakh | −8,575 | ₹37.9 cr |
| LT | Trimmed | 88,402 | 87,518 | −884 | ₹35.4 cr |
| INFY | Trimmed | 2.80 lakh | 2.72 lakh | −8,550 | ₹30.8 cr |
| KOTAKBANK | Trimmed | 6.99 lakh | 6.86 lakh | −13,397 | ₹28.8 cr |
| SBIN | Trimmed | 2.75 lakh | 2.66 lakh | −8,508 | ₹28.2 cr |
| IDFCFIRSTB | Trimmed | 26.39 lakh | 25.35 lakh | −1.04 lakh | ₹21.8 cr |
| CUB | Trimmed | 9.43 lakh | 8.75 lakh | −68,802 | ₹20.0 cr |
| ACMESOLAR | Trimmed | 5.58 lakh | 4.74 lakh | −83,985 | ₹19.1 cr |
| FORTIS | Trimmed | 2.06 lakh | 2.05 lakh | −1,029 | ₹18.6 cr |
| SUNCLAY | Trimmed | 1.36 lakh | 1.32 lakh | −4,035 | ₹17.2 cr |
| INDIGO | Trimmed | 32,884 | 31,593 | −1,291 | ₹16.5 cr |
| ADANIPORTS | Trimmed | 1.03 lakh | 99,548 | −3,561 | ₹15.9 cr |
| TCS | Trimmed | 68,272 | 66,084 | −2,188 | ₹15.9 cr |
| MPHASIS | Trimmed | 65,645 | 63,697 | −1,948 | ₹15.5 cr |
| FUSION | Trimmed | 6.68 lakh | 6.54 lakh | −13,284 | ₹13.1 cr |
| COROMANDEL | Trimmed | 73,501 | 65,952 | −7,549 | ₹12.6 cr |
| AUROPHARMA | Trimmed | 70,880 | 69,124 | −1,756 | ₹11.9 cr |
| TEGA | Trimmed | 75,225 | 74,473 | −752 | ₹11.8 cr |
| MARUTI | Trimmed | 8,702 | 8,487 | −215 | ₹11.5 cr |
| BEL | Trimmed | 2.86 lakh | 2.76 lakh | −9,887 | ₹11.5 cr |
| SHRIRAMFIN | Trimmed | 1.15 lakh | 1.01 lakh | −14,556 | ₹11.2 cr |
| UPL | Trimmed | 1.99 lakh | 1.97 lakh | −1,977 | ₹11.1 cr |
| UJJIVANSFB | Trimmed | 15.28 lakh | 15.13 lakh | −15,283 | ₹10.5 cr |
| HEROMOTOCO | Trimmed | 21,884 | 19,055 | −2,829 | ₹10.4 cr |
| METROPOLIS | Trimmed | 1.93 lakh | 1.74 lakh | −19,472 | ₹10.1 cr |
| EPIGRAL | Trimmed | 83,535 | 81,465 | −2,070 | ₹9.8 cr |
| KEC | Trimmed | 2.30 lakh | 2.21 lakh | −9,038 | ₹9.2 cr |
| GMRAIRPORT | Trimmed | 9.75 lakh | 9.63 lakh | −12,481 | ₹9.0 cr |
| TATATECH | Trimmed | 1.11 lakh | 1.08 lakh | −3,301 | ₹9.0 cr |
| VBL | Trimmed | 2.15 lakh | 2.15 lakh | −92 | ₹8.6 cr |
| NYKAA | Trimmed | 2.45 lakh | 2.36 lakh | −9,666 | ₹8.2 cr |
| SWIGGY | Trimmed | 3.01 lakh | 2.89 lakh | −11,861 | ₹8.2 cr |
| CANFINHOME | Trimmed | 1.02 lakh | 99,277 | −3,033 | ₹7.9 cr |
| ARVINDFASN | Trimmed | 1.80 lakh | 1.73 lakh | −7,068 | ₹7.8 cr |
| CIPLA | Trimmed | 56,646 | 54,417 | −2,229 | ₹7.7 cr |
| SBILIFE | Trimmed | 44,384 | 43,957 | −427 | ₹7.7 cr |
| TORNTPOWER | Trimmed | 63,342 | 62,396 | −946 | ₹7.6 cr |
| UNITDSPR | Trimmed | 49,939 | 47,974 | −1,965 | ₹7.1 cr |
| INDUSINDBK | Trimmed | 73,107 | 70,231 | −2,876 | ₹7.1 cr |
| JINDALSAW | Trimmed | 2.28 lakh | 2.21 lakh | −6,762 | ₹6.8 cr |
| NTPCGREEN | Trimmed | 7.39 lakh | 7.21 lakh | −18,330 | ₹6.5 cr |
| GARFIBRES | Trimmed | 69,127 | 68,094 | −1,033 | ₹5.5 cr |
| GICRE | Trimmed | 2.92 lakh | 1.49 lakh | −1.43 lakh | ₹5.3 cr |
| IDEAFORGE | Trimmed | 62,893 | 62,579 | −314 | ₹5.0 cr |
| DIVISLAB | Trimmed | 5,450 | 5,238 | −212 | ₹5.0 cr |
| CGPOWER | Trimmed | 54,310 | 52,435 | −1,875 | ₹4.8 cr |
| POWERMECH | Trimmed | 38,825 | 18,253 | −20,572 | ₹4.6 cr |
| PNCINFRA | Trimmed | 2.48 lakh | 2.44 lakh | −3,709 | ₹4.6 cr |
| GPTINFRA | Trimmed | 4.06 lakh | 4.04 lakh | −2,030 | ₹4.5 cr |
| KNRCON | Trimmed | 3.72 lakh | 3.67 lakh | −5,565 | ₹4.4 cr |
| JSWENERGY | Trimmed | 82,241 | 80,605 | −1,636 | ₹4.2 cr |
| TEAMLEASE | Trimmed | 33,625 | 32,303 | −1,322 | ₹4.1 cr |
| ICICIGI | Trimmed | 25,000 | 24,381 | −619 | ₹3.8 cr |
| VEDPOWER | Trimmed | 11.00 lakh | 10.73 lakh | −27,283 | ₹3.8 cr |
| WIPRO | Trimmed | 6.21 lakh | 1.97 lakh | −4.24 lakh | ₹3.6 cr |
| AMBUJACEM | Trimmed | 87,172 | 85,441 | −1,731 | ₹3.4 cr |
| ANGELONE | Trimmed | 1.21 lakh | 1.18 lakh | −2,996 | ₹3.4 cr |
| ARE&M | Trimmed | 36,112 | 34,692 | −1,420 | ₹3.1 cr |
| ABSLAMC | Trimmed | 29,486 | 29,046 | −440 | ₹3.1 cr |
| TIRUMALCHM | Trimmed | 3.61 lakh | 1.61 lakh | −2.00 lakh | ₹2.6 cr |
| EXCELSOFT | Trimmed | 3.83 lakh | 3.29 lakh | −53,326 | ₹2.3 cr |
| DALBHARAT | Trimmed | 11,902 | 11,843 | −59 | ₹2.2 cr |
| BAJAJFINSV | Trimmed | 12,285 | 10,075 | −2,210 | ₹2.0 cr |
| CHOLAHLDNG | Trimmed | 272 | 264 | −8 | ₹0.04 cr |
| GODREJPROP | Exited | 28,780 | — | −28,780 | ₹6.1 cr |
| CUMMINSIND | Exited | 10,213 | — | −10,213 | ₹5.6 cr |
| ADANIENT | Exited | 17,343 | — | −17,343 | ₹5.2 cr |
| POLICYBZR | Exited | 29,725 | — | −29,725 | ₹4.8 cr |
| LICI | Exited | 86,823 | — | −86,823 | ₹3.7 cr |
| TITAN | Exited | 6,747 | — | −6,747 | ₹3.3 cr |
| HINDZINC | Exited | 49,760 | — | −49,760 | ₹2.7 cr |
| UBL | Exited | 14,636 | — | −14,636 | ₹2.1 cr |
| KIRLOSBROS | Exited | 9,407 | — | −9,407 | ₹1.8 cr |
| SBFC | Exited | 63,395 | — | −63,395 | ₹0.57 cr |
Value: this month's market value in the AMC's file (an exit: last month's). "ISIN changed" = a split or bonus between the months; share counts are not comparable across it. Source: Bandhan Mutual Fund monthly portfolios.
| Sector | ||||
|---|---|---|---|---|
| AXISBANK Axis Bank Limited | Financial Services | 4.45 lakh | ₹57.9 cr | 5.26% |
| HDFCBANK HDFC Bank Limited | Financial Services | 7.08 lakh | ₹50.2 cr | 4.56% |
| RELIANCE Reliance Industries Limited | Oil, Gas & Consumable Fuels | 3.81 lakh | ₹48.6 cr | 4.42% |
| ICICIBANK ICICI Bank Limited | Financial Services | 3.24 lakh | ₹47.1 cr | 4.28% |
| PAYTM One 97 Communications Limited | Financial Services | 2.39 lakh | ₹41.1 cr | 3.74% |
| BAJFINANCE Bajaj Finance Limited | Financial Services | 3.79 lakh | ₹40.1 cr | 3.65% |
| BHARTIARTL Bharti Airtel Limited | Telecommunication | 2.09 lakh | ₹37.9 cr | 3.45% |
| LT Larsen & Toubro Limited | Construction | 87,518 | ₹35.4 cr | 3.22% |
| NTPC NTPC Limited | Power | 10.35 lakh | ₹33.9 cr | 3.08% |
| INFY Infosys Limited | Information Technology | 2.72 lakh | ₹30.8 cr | 2.80% |
| KOTAKBANK Kotak Mahindra Bank Limited | Financial Services | 6.86 lakh | ₹28.8 cr | 2.61% |
| SBIN State Bank of India | Financial Services | 2.66 lakh | ₹28.2 cr | 2.56% |
| ULTRACEMCO UltraTech Cement Limited | Construction Materials | 19,214 | ₹22.0 cr | 2.00% |
| IDFCFIRSTB IDFC First Bank Limited | Financial Services | 25.35 lakh | ₹21.8 cr | 1.98% |
| CUB City Union Bank Limited | Financial Services | 8.75 lakh | ₹20.0 cr | 1.82% |
| ACMESOLAR Acme Solar Holdings Limited | Power | 4.74 lakh | ₹19.1 cr | 1.73% |
| FORTIS Fortis Healthcare Limited | Healthcare | 2.05 lakh | ₹18.6 cr | 1.69% |
| SUNCLAY Sundaram Clayton Limited | Automobile and Auto Components | 1.32 lakh | ₹17.2 cr | 1.57% |
| INDIGO InterGlobe Aviation Limited | Services | 31,593 | ₹16.5 cr | 1.50% |
| ADANIPORTS Adani Ports and Special Economic Zone Limited | Services | 99,548 | ₹15.9 cr | 1.44% |
| TCS Tata Consultancy Services Limited | Information Technology | 66,084 | ₹15.9 cr | 1.44% |
| MPHASIS MphasiS Limited | Information Technology | 63,697 | ₹15.5 cr | 1.41% |
| PIRAMALFIN Piramal Finance Limited | Financial Services | 59,242 | ₹13.6 cr | 1.24% |
| FUSION Fusion Finance Limited | Financial Services | 6.54 lakh | ₹13.1 cr | 1.19% |
| PFS PTC India Financial Services Limited | Financial Services | 46.78 lakh | ₹12.6 cr | 1.15% |
| COROMANDEL Coromandel International Limited | Chemicals | 65,952 | ₹12.6 cr | 1.14% |
| TATAPOWER Tata Power Company Limited | Power | 3.59 lakh | ₹12.5 cr | 1.13% |
| AUROPHARMA Aurobindo Pharma Limited | Healthcare | 69,124 | ₹11.9 cr | 1.08% |
| TEGA Tega Industries Limited | Capital Goods | 74,473 | ₹11.8 cr | 1.07% |
| MARUTI Maruti Suzuki India Limited | Automobile and Auto Components | 8,487 | ₹11.5 cr | 1.05% |
| BEL Bharat Electronics Limited | Capital Goods | 2.76 lakh | ₹11.5 cr | 1.04% |
| SHRIRAMFIN Shriram Finance Limited | Financial Services | 1.01 lakh | ₹11.2 cr | 1.01% |
| UPL UPL Limited | Chemicals | 1.97 lakh | ₹11.1 cr | 1.01% |
| UJJIVANSFB Ujjivan Small Finance Bank Limited | Financial Services | 15.13 lakh | ₹10.5 cr | 0.95% |
| HEROMOTOCO Hero MotoCorp Limited | Automobile and Auto Components | 19,055 | ₹10.4 cr | 0.94% |
| METROPOLIS Metropolis Healthcare Limited | Healthcare | 1.74 lakh | ₹10.1 cr | 0.92% |
| EPIGRAL Epigral Limited | Chemicals | 81,465 | ₹9.8 cr | 0.89% |
| BANKINDIA Bank of India | Financial Services | 6.82 lakh | ₹9.7 cr | 0.88% |
| KEC KEC International Limited | Construction | 2.21 lakh | ₹9.2 cr | 0.84% |
| GMRAIRPORT GMR AIRPORTS LIMITED | Services | 9.63 lakh | ₹9.0 cr | 0.82% |
| TATATECH Tata Technologies Limited | Information Technology | 1.08 lakh | ₹9.0 cr | 0.82% |
| PHOENIXLTD The Phoenix Mills Limited | Realty | 47,138 | ₹9.0 cr | 0.81% |
| VBL Varun Beverages Limited | Fast Moving Consumer Goods | 2.15 lakh | ₹8.6 cr | 0.78% |
| HDFCLIFE HDFC Life Insurance Company Limited | Financial Services | 1.57 lakh | ₹8.5 cr | 0.78% |
| NYKAA FSN E-Commerce Ventures Limited | Consumer Services | 2.36 lakh | ₹8.2 cr | 0.75% |
| SWIGGY Swiggy Limited | Consumer Services | 2.89 lakh | ₹8.2 cr | 0.74% |
| CANFINHOME Can Fin Homes Limited | Financial Services | 99,277 | ₹7.9 cr | 0.72% |
| ARVINDFASN Arvind Fashions Limited | Consumer Services | 1.73 lakh | ₹7.8 cr | 0.71% |
| CIPLA Cipla Limited | Healthcare | 54,417 | ₹7.7 cr | 0.70% |
| SBILIFE SBI Life Insurance Company Limited | Financial Services | 43,957 | ₹7.7 cr | 0.70% |
| TORNTPOWER Torrent Power Limited | Power | 62,396 | ₹7.6 cr | 0.69% |
| UNITDSPR United Spirits Limited | Fast Moving Consumer Goods | 47,974 | ₹7.1 cr | 0.65% |
| INDUSINDBK IndusInd Bank Limited | Financial Services | 70,231 | ₹7.1 cr | 0.65% |
| JINDALSAW Jindal Saw Limited | Capital Goods | 2.21 lakh | ₹6.8 cr | 0.62% |
| NTPCGREEN NTPC Green Energy Limited | Power | 7.21 lakh | ₹6.5 cr | 0.59% |
| GLENMARK Glenmark Pharmaceuticals Limited | Healthcare | 25,480 | ₹6.3 cr | 0.57% |
| VEDL Vedanta Limited | Metals & Mining | 2.15 lakh | ₹6.0 cr | 0.54% |
| VIYASH Viyash Scientific Limited | Healthcare | 2.12 lakh | ₹5.6 cr | 0.51% |
| GARFIBRES Garware Technical Fibres Limited | Textiles | 68,094 | ₹5.5 cr | 0.50% |
| SHARDACROP Sharda Cropchem Limited | Chemicals | 70,149 | ₹5.4 cr | 0.49% |
| GICRE General Insurance Corporation of India | Financial Services | 1.49 lakh | ₹5.3 cr | 0.48% |
| SHIPROCKET Shiprocket Limited | Services | 3.80 lakh | ₹5.3 cr | 0.48% |
| IDEAFORGE Ideaforge Technology Limited | Capital Goods | 62,579 | ₹5.0 cr | 0.45% |
| DIVISLAB Divi's Laboratories Limited | Healthcare | 5,238 | ₹5.0 cr | 0.45% |
| CGPOWER CG Power and Industrial Solutions Limited | Capital Goods | 52,435 | ₹4.8 cr | 0.44% |
| POWERMECH Power Mech Projects Limited | Construction | 18,253 | ₹4.6 cr | 0.42% |
| PNCINFRA PNC Infratech Limited | Construction | 2.44 lakh | ₹4.6 cr | 0.42% |
| GPTINFRA GPT Infraprojects Limited | Construction | 4.04 lakh | ₹4.5 cr | 0.41% |
| KNRCON KNR Constructions Limited | Construction | 3.67 lakh | ₹4.4 cr | 0.40% |
| JSWENERGY JSW Energy Limited | Power | 80,605 | ₹4.2 cr | 0.38% |
| TEAMLEASE Teamlease Services Limited | Services | 32,303 | ₹4.1 cr | 0.38% |
| ICICIGI ICICI Lombard General Insurance Company Limited | Financial Services | 24,381 | ₹3.8 cr | 0.35% |
| VEDPOWER Vedanta Power Limited | Power | 10.73 lakh | ₹3.8 cr | 0.34% |
| WIPRO Wipro Limited | Information Technology | 1.97 lakh | ₹3.6 cr | 0.33% |
| AMBUJACEM Ambuja Cements Limited | Construction Materials | 85,441 | ₹3.4 cr | 0.31% |
| ANGELONE Angel One Limited | Financial Services | 1.18 lakh | ₹3.4 cr | 0.31% |
| ARE&M Amara Raja Energy & Mobility Limited | Automobile and Auto Components | 34,692 | ₹3.1 cr | 0.28% |
| ABSLAMC Aditya Birla Sun Life AMC Limited | Financial Services | 29,046 | ₹3.1 cr | 0.28% |
| TIRUMALCHM Thirumalai Chemicals Limited | Chemicals | 1.61 lakh | ₹2.6 cr | 0.23% |
| EXCELSOFT Excelsoft Technologies Limited | Information Technology | 3.29 lakh | ₹2.3 cr | 0.21% |
| DALBHARAT Dalmia Bharat Limited | Construction Materials | 11,843 | ₹2.2 cr | 0.20% |
| BAJAJFINSV Bajaj Finserv Limited | Financial Services | 10,075 | ₹2.0 cr | 0.19% |
| COHANCE Cohance Lifesciences Limited | Healthcare | 41,240 | ₹1.9 cr | 0.17% |
| BRIGADE Brigade Enterprises Limited | Realty | 16,223 | ₹1.1 cr | 0.10% |
| CHOLAHLDNG Cholamandalam Financial Holdings Limited | Financial Services | 264 | ₹0.04 cr | 0.00% |
| IIFL IIFL Finance Limited | Financial Services | 8 | ₹0.00 cr | 0.00% |
Equity rows as disclosed, Aug 2026. Source: Bandhan Mutual Fund monthly portfolio.
- Financial Services41.4%
- Power8.0%
- Information Technology7.0%
- Healthcare6.1%
- Construction5.7%
- Services4.6%
- Oil, Gas & Consumable Fuels4.4%
- Automobile and Auto Components3.8%
- Chemicals3.8%
- Capital Goods3.6%
- Telecommunication3.5%
- Construction Materials2.5%
- Consumer Services2.2%
- Fast Moving Consumer Goods1.4%
- Realty0.9%
- Metals & Mining0.5%
- Textiles0.5%
AMFI's 22 sectors; one sector per stock, from the fund houses' industry labels. Source: Bandhan Mutual Fund monthly portfolio; AMFI.
- Large Cap55.8%
- Mid Cap22.8%
- Small Cap20.9%
- Not in AMFI's list0.5%
AMFI's list of Jun 2026. Source: Bandhan Mutual Fund monthly portfolio; AMFI.
| Period | Return | From | To |
|---|---|---|---|
| 1 year | −2.83 % in total | 25 Sep 2025 · NAV ₹10.1300 | 25 Sep 2026 · NAV ₹9.8430 |
| Since first NAV | −0.87 % a year, compounded | 1 Oct 2024 · NAV ₹10.0150 | 25 Sep 2026 · NAV ₹9.8430 |
Past performance may not be sustained in future.
Point-to-point change in the plan's NAV between the two dates shown, as AMFI publishes it; over a year, compounded a year. A period is shown only when a NAV exists within 7 days before its start date. Source: AMFI NAV files (plan code 152878).
Other schemes of Bandhan Mutual Fund (42)
A to ZBANDHAN Arbitrage FundBANDHAN BSE Sensex ETFBANDHAN Balanced Advantage FundBANDHAN CONSERVATIVE HYBRID FUNDBANDHAN ELSS - Tax Saver FundBANDHAN EQUITY SAVINGS FUNDBANDHAN FINANCIAL SERVICES FUNDBANDHAN Flexi Cap FundBANDHAN INNOVATION FUNDBANDHAN Infrastructure FundBANDHAN LARGE CAP FUNDBANDHAN MID CAP FUNDBANDHAN MULTI ASSET ALLOCATION FUNDBANDHAN MULTI CAP FUNDBANDHAN NIFTY 100 INDEX FUNDBANDHAN NIFTY BANK INDEX FUNDBANDHAN NIFTY TOTAL MARKET INDEX FUNDBANDHAN NIFTY200 MOMENTUM 30 INDEX FUNDBANDHAN Nifty 50 ETFBANDHAN Nifty 50 Index FundBANDHAN Nifty Smallcap 250 Index FundBANDHAN Nifty100 Low Volatility 30 Index FundBANDHAN RETIREMENT FUNDBANDHAN Small Cap FundBANDHAN TRANSPORTATION AND LOGISTICS FUNDBandhan Aggressive Hybrid FundBandhan BSE Healthcare Index FundBandhan BSE India Sector Leaders Index FundBandhan Contra FundBandhan Focused FundBandhan Healthcare FundBandhan Large & Mid Cap FundBandhan Multi-Factor FundBandhan Nifty 200 Quality 30 Index FundBandhan Nifty 500 Momentum 50 Index FundBandhan Nifty 500 Value 50 Index FundBandhan Nifty Alpha 50 Index FundBandhan Nifty Alpha Low Volatility 30 Index FundBandhan Nifty IT Index FundBandhan Nifty Midcap 150 Index FundBandhan Nifty Next 50 Index FundBandhan Value Fund