Bandhan Business Cycle Fund holds 84 instruments (99.58% equity), led by Axis Bank Limited (5.34%), HDFC Bank Limited (5.28%) and Reliance Industries Limited (4.51%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Bandhan Business Cycle Fund, managed by Bandhan Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 84 instruments with an equity allocation of 99.58%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Bandhan Business Cycle Fund's top 10 holdings account for 38.9% of its portfolio, more diversified than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 41.32% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 6 new positions and exited 11 positions, with HDFC Bank Limited seeing the largest move (+0.72pp to 5.28%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
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.
| Stock | Weight | Change |
|---|---|---|
| HDFC Bank Limited | 4.56% → 5.28% | ▲ +0.72 |
| Acme Solar Holdings Limited | 1.73% → 2.03% | ▲ +0.3 |
| Adani Ports and Special Economic Zone Limited | 1.44% → 1.72% | ▲ +0.28 |
| PTC India Financial Services Limited | 1.15% → 1.36% | ▲ +0.21 |
| NTPC Limited | 3.08% → 3.28% | ▲ +0.2 |
| Bharti Airtel Limited | 3.45% → 3.63% | ▲ +0.18 |
| Cohance Lifesciences Limited | 0.17% → 0.35% | ▲ +0.18 |
| ICICI Lombard General Insurance Company Limited | 0.35% → 0.51% | ▲ +0.16 |
| Tata Power Company Limited | 1.13% → 1.27% | ▲ +0.14 |
| Vedanta Limited | 0.54% → 0.67% | ▲ +0.13 |
| Stock | Weight | Change |
|---|---|---|
| Hero MotoCorp Limited | 0.94% → 0.5% | ▼ -0.44 |
| One 97 Communications Limited | 3.74% → 3.35% | ▼ -0.39 |
| SHIPROCKET LTD | 0.48% → 0.25% | ▼ -0.23 |
| Arvind Fashions Limited | 0.71% → 0.51% | ▼ -0.2 |
| Larsen & Toubro Limited | 3.22% → 3.03% | ▼ -0.19 |
| Infosys Limited | 2.8% → 2.64% | ▼ -0.16 |
| Metropolis Healthcare Limited | 0.92% → 0.78% | ▼ -0.14 |
| Fortis Healthcare Limited | 1.69% → 1.56% | ▼ -0.13 |
| Tata Consultancy Services Limited | 1.44% → 1.32% | ▼ -0.12 |
| ICICI Bank Limited | 4.28% → 4.16% | ▼ -0.12 |
% to NAV of the fund's current top holdings over its last 3 monthly disclosures (Jul – Sept 2026).
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.