Bandhan Balanced Advantage Fund

Bandhan Mutual FundHybridPortfolio as of 30 September 2026

Bandhan Balanced Advantage Fund holds 178 instruments (72.08% equity), led by ICICI Bank Limited (3.97%), Reliance Industries Limited (3.71%) and Bharti Airtel Limited (3.6%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
178
Equity Allocation
72.08%
AMC
Bandhan Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of Bandhan Balanced Advantage Fund, managed by Bandhan Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 178 instruments with an equity allocation of 72.08%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Bandhan Balanced Advantage Fund's top 10 holdings account for 27.88% of its portfolio, in line with the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 26.35% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 6 new positions and exited 8 positions, with Power Grid Corporation of India Limited seeing the largest move (+0.42pp to 0.54%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
26.35%
Other
16.13%
Materials
6.75%
Consumer Discretionary
6.32%
Industrials
6.24%
Healthcare
4.33%
Telecommunication
3.74%
Consumer Staples
3.73%
Energy
3.71%
Utilities
3.47%
Information Technology
3.18%
Services
2.76%
Real Estate
0.99%
Diversified
0.28%

Top 10 Equity Holdings

What Changed: August 2026 → September 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

6 new entries8 exits10 increased7 reduced

Biggest Weight Increases

StockWeightChange
Power Grid Corporation of India Limited0.12% → 0.54%▲ +0.42
HDFC Bank Limited3.14% → 3.53%▲ +0.39
ICICI Lombard General Insurance Company Limited0.29% → 0.67%▲ +0.38
GAIL (India) Limited0.24% → 0.47%▲ +0.23
Adani Power Limited0.17% → 0.38%▲ +0.21
Fusion Finance Limited0.17% → 0.37%▲ +0.2
Angel One Limited0.19% → 0.37%▲ +0.18
Eicher Motors Limited0.35% → 0.52%▲ +0.17
Vedanta Power Limited0.15% → 0.28%▲ +0.13
LUMINO INDUSTRIES LTD0.44% → 0.56%▲ +0.12

Biggest Weight Reductions

StockWeightChange
ICICI Bank Limited4.27% → 3.97%▼ -0.3
Bajaj Finance Limited3.58% → 3.32%▼ -0.26
Reliance Industries Limited3.91% → 3.71%▼ -0.2
State Bank of India1.83% → 1.69%▼ -0.14
Infosys Limited1.18% → 1.06%▼ -0.12
Titan Company Limited1.26% → 1.16%▼ -0.1
Mahindra & Mahindra Limited1.25% → 1.15%▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 3 monthly disclosures (Jul – Sept 2026).

Jul: 4.03%, Aug: 4.27%, Sept: 3.97%
3.97%
Jul: 4.03%, Aug: 3.91%, Sept: 3.71%
3.71%
Jul: 3.4%, Aug: 3.63%, Sept: 3.6%
3.6%
Jul: 3.35%, Aug: 3.14%, Sept: 3.53%
3.53%
Jul: 3.91%, Aug: 3.58%, Sept: 3.32%
3.32%

Full Portfolio (178 holdings)

#HoldingSector% to NAV
1Axis Bank Limitedbond—4.36%
2ICICI Bank LimitedFinancial Services3.97%
3Reliance Industries LimitedEnergy3.71%
4Bharti Airtel LimitedTelecommunication3.6%
5HDFC Bank LimitedFinancial Services3.53%
6Bajaj Finance LimitedFinancial Services3.32%
77.53% Bajaj Housing Finance Ltd. (MD )bond—2.2%
8Small Industries Development Bank of India (MD )bond—2.18%
9Sundaram Finance Limitedbond—2.18%
10Larsen & Toubro LimitedIndustrials2.15%
117.44% National Bank For Agriculture and Rural Development 2029bond—1.99%
12One 97 Communications LimitedFinancial Services1.97%
13UltraTech Cement LimitedMaterials1.92%
14Axis Bank LimitedFinancial Services1.86%
15Kotak Mahindra Bank LimitedFinancial Services1.85%
16State Bank of IndiaFinancial Services1.69%
17364 Days Treasury Billstbill—1.46%
18CD - HDFC BANK LTDbond—1.3%
19Titan Company LimitedConsumer Discretionary1.16%
20Mahindra & Mahindra LimitedConsumer Discretionary1.15%
21InterGlobe Aviation LimitedServices1.12%
227.45% Power Finance Corporation Limited 2028bond—1.11%
23CD - Axis Bank Ltdbond—1.1%
24Indian Bankbond—1.09%
25Small Industries Development Bank of Indiabond—1.09%
26SMALL INDUSTRIES DEVELOPMENT BANK OF INDIAbond—1.09%
27National Bank For Agriculture and Rural Developmentbond—1.09%
28Infosys LimitedInformation Technology1.06%
29Varun Beverages LimitedConsumer Staples1.05%
30Radico Khaitan LimitedConsumer Staples1.05%
31Punjab National Bank 2027bond—0.96%
32Tata Power Company LimitedUtilities0.92%
33JSW Steel LimitedMaterials0.91%
34IndusInd Bank LimitedFinancial Services0.81%
356.90% Government of India (MD )bond—0.8%
36EPL LimitedIndustrials0.78%
37IDFC First Bank LimitedFinancial Services0.72%
38HDFC Life Insurance Company LimitedFinancial Services0.68%
39NTPC LimitedUtilities0.68%
40ICICI Lombard General Insurance Company LimitedFinancial Services0.67%
41United Spirits LimitedConsumer Staples0.65%
42Shriram Finance LimitedFinancial Services0.64%
43Sun Pharmaceutical Industries LimitedHealthcare0.64%
447.24% Central Government Securitiesbond—0.64%
45Tata Consultancy Services LimitedInformation Technology0.62%
46The Phoenix Mills LimitedReal Estate0.6%
47Garware Technical Fibres LimitedConsumer Discretionary0.6%
48National Aluminium Company LimitedMaterials0.59%
49Adani Enterprises LimitedMaterials0.58%
50Tega Industries LimitedIndustrials0.57%
51Shadowfax Technologies LimitedServices0.56%
52LUMINO INDUSTRIES LTDIndustrials0.56%
53Adani Ports and Special Economic Zone LimitedServices0.55%
54Divi's Laboratories LimitedHealthcare0.55%
55PNB Housing Finance LimitedFinancial Services0.55%
56Power Grid Corporation of India LimitedUtilities0.54%
57Piramal Finance LimitedFinancial Services0.54%
58BLACKBUCK LIMITEDServices0.53%
59Aurobindo Pharma LimitedHealthcare0.52%
60ETERNAL LIMITEDConsumer Discretionary0.52%
61Eicher Motors LimitedConsumer Discretionary0.52%
62Glenmark Pharmaceuticals LimitedHealthcare0.5%
63City Union Bank LimitedFinancial Services0.5%
64LTM LimitedInformation Technology0.5%
65Tech Mahindra LimitedInformation Technology0.5%
66Triparty Repo TRP_011026treps—0.5%
67Aster DM Healthcare LimitedHealthcare0.49%
68UPL LimitedMaterials0.48%
69GAIL (India) LimitedUtilities0.47%
70SBI Life Insurance Company LimitedFinancial Services0.45%
71Britannia Industries LimitedConsumer Staples0.45%
72Vedanta LimitedMaterials0.45%
737.44% National Bank for Agriculture and Rural Development (MD )bond—0.45%
74Prudent Corporate Advisory Services LimitedFinancial Services0.44%
75Central Government - 2029bond—0.44%
76Meesho LimitedConsumer Discretionary0.42%
77Torrent Pharmaceuticals LimitedHealthcare0.42%
78Torrent Power LimitedUtilities0.4%
79Jio Financial Services LimitedFinancial Services0.4%
80Sharda Cropchem LimitedMaterials0.39%
81Fortis Healthcare LimitedHealthcare0.38%
82FSN E-Commerce Ventures LimitedConsumer Discretionary0.38%
83Adani Power LimitedUtilities0.38%
84Bharat Electronics LimitedIndustrials0.37%
85MphasiS LimitedInformation Technology0.37%
86Fusion Finance LimitedFinancial Services0.37%
87Angel One LimitedFinancial Services0.37%
88Isgec Heavy Engineering LimitedIndustrials0.36%
89Medplus Health Services LimitedConsumer Discretionary0.35%
90Bank of BarodaFinancial Services0.35%
91Page Industries LimitedConsumer Discretionary0.33%
92Cohance Lifesciences LimitedHealthcare0.31%
93Ambuja Cements LimitedMaterials0.31%
94Dalmia Bharat LimitedMaterials0.3%
95Azad Engineering LimitedIndustrials0.29%
96Signatureglobal (India) LimitedReal Estate0.29%
97Vedanta Power LimitedDiversified0.28%
98Cholamandalam Financial Holdings LimitedFinancial Services0.28%
99Triveni Engineering & Industries LimitedConsumer Staples0.27%
100Timken India LimitedIndustrials0.26%
101Bajaj Housing Finance LimitedFinancial Services0.26%
102PI Industries LimitedMaterials0.25%
103Whirlpool of India LimitedConsumer Discretionary0.25%
104Thirumalai Chemicals LimitedMaterials0.24%
105Marico LimitedConsumer Staples0.24%
106Viyash Scientific Limited—0.23%
107Ashok Leyland LimitedIndustrials0.23%
1087.26% Government of India (MD )bond—0.23%
109Tata Steel LimitedMaterials0.22%
110Carborundum Universal LimitedIndustrials0.22%
1118.4% Godrej Properties Limitedbond—0.22%
1128.97% Muthoot Finance Limited 2027bond—0.22%
1138.40% Godrej Industries Limited 2027bond—0.22%
1147.42% Small Industries Development Bank of India (MD )bond—0.22%
1157.76% Aadhar Housing Finance Limitedbond—0.22%
1167.51% Tata Housing Development Company Limited 2028bond—0.22%
117Gokaldas Exports LimitedConsumer Discretionary0.21%
118Mankind Pharma LimitedHealthcare0.2%
119Suraksha Diagnostic LimitedHealthcare0.2%
120Bajaj Auto LimitedConsumer Discretionary0.18%
121Samvardhana Motherson International LimitedConsumer Discretionary0.17%
122Indus Towers LimitedTelecommunication0.14%
123CG Power and Industrial Solutions LimitedIndustrials0.14%
124KEC International LimitedIndustrials0.13%
125Inventurus Knowledge Solutions LimitedInformation Technology0.13%
126Net Receivables/Payablesother—0.13%
127Cipla LimitedHealthcare0.11%
128Grasim Industries LimitedMaterials0.11%
129Godrej Properties LimitedReal Estate0.1%
130Polycab India LimitedIndustrials0.09%
131TRIVENI POWER TRANSMISSION LIndustrials0.09%
132182 Days Treasury Billstbill—0.09%
133Cash Margin - Derivativesother—0.09%
134SBI Cards and Payment Services LimitedFinancial Services0.07%
135Adani Energy Solutions LimitedUtilities0.06%
136Bajaj Finserv LimitedFinancial Services0.06%
137Zee Entertainment Enterprises LimitedConsumer Discretionary0.05%
138Maruti Suzuki India LimitedConsumer Discretionary0.03%
139ITC LimitedConsumer Staples0.02%
140Adani Green Energy LimitedUtilities0.02%
1416.68% Government of India 2040bond—0.02%
142Orchid Pharma LimitedHealthcare0.01%
1438.01% REC Limitedbond—0.01%
144Cash / Bank Balanceother—0%
145Cash Margin - CCILother—0%
146Adani Enterprises Limited Futureother—0%
147IndusInd Bank Limited Futureother—-0.01%
148United Spirits Limited Futureother—-0.02%
149Glenmark Pharmaceuticals Limited Futureother—-0.02%
150Adani Green Energy Limited Futureother—-0.02%
151ITC Limited Futureother—-0.02%
152Bajaj Finserv Limited Futureother—-0.06%
153Adani Energy Solutions Limited Futureother—-0.06%
154HDFC Life Insurance Company Limited Futureother—-0.08%
155Mahindra & Mahindra Limited Futureother—-0.08%
156Polycab India Limited Futureother—-0.1%
157Grasim Industries Limited Futureother—-0.11%
158Indus Towers Limited Futureother—-0.14%
159Tata Power Company Limited Futureother—-0.16%
160State Bank of India Futureother—-0.19%
161UltraTech Cement Limited Futureother—-0.22%
162Tata Steel Limited Futureother—-0.23%
163Marico Limited Futureother—-0.24%
164InterGlobe Aviation Limited Futureother—-0.3%
165National Aluminium Company Limited Futureother—-0.31%
166Shriram Finance Limited Futureother—-0.37%
167ICICI Bank Limited Futureother—-0.38%
168Jio Financial Services Limited Futureother—-0.4%
169Larsen & Toubro Limited Futureother—-0.41%
170Titan Company Limited Futureother—-0.46%
171IndusInd Bank Limited Futureother—-0.47%
172HDFC Bank Limited Futureother—-0.54%
173Reliance Industries Limited Futureother—-0.55%
174Adani Ports and Special Economic Zone Limited Futureother—-0.55%
175JSW Steel Limited Futureother—-0.83%
176Mahindra & Mahindra Limited Futureother—-0.87%
177Bharti Airtel Limited Futureother—-1.53%
178Bajaj Finance Limited Futureother—-2.29%

Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 3.97% of Bandhan Balanced Advantage Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 3.71% of Bandhan Balanced Advantage Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 3.6% of Bandhan Balanced Advantage Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 3.53% of Bandhan Balanced Advantage Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Bajaj Finance Limited is 3.32% of Bandhan Balanced Advantage Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Bandhan Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.