ReviewDirect · Growth
BANDHAN ELSS - Tax Saver Fund
Bandhan Mutual FundEquity Schemes - ELSS- Tax Saver Fund13.7 years
The scheme seeks to build a diversified portfolio comprising of stocks of companies with strong fundamentals that are available at reasonable valuations. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
- NAV
- 174.482
- 15 Sept 2026
- 1Y
- -0.7%
- Trailing CAGR
- AUM
- ₹6,964.87 Cr
- 31 Aug 2026
- Volatility
- Medium
- 15.6% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-0.7%
- 3Y+8.4%
- 5Y+11.1%
- 10Y+14.8%
- SI+16.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.9%
- 3Y+3.5%
- 5Y+9.3%
- 10Y+14.7%
- Since inception
- +16.2%
- Calendar-day CAGR
- Excess 1Y
- -1.8%
- Category median, same plan and option
- 3Y win rate
- +61%
- Windows beating the median
- 3Y percentile
- 11
- Vs comparable share classes
- Worst rolling 3Y
- -7.3%
- 2646 daily-ending windows
- Median rolling 3Y
- +17.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2153 daily-ending windows
- SIP 3Y XIRR
- +3.5%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 164 recovered episodes
- Longest recovery
- 240 days
- Trough to prior peak
- Current spell
- 719 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
15 Jan 2018 – 18 Nov 2020
Trough 23 Mar 2020 · recovered in 240 days
-42.6%
5 Aug 2015 – 30 Aug 2016
Trough 29 Feb 2016 · recovered in 183 days
-22.3%
17 Jan 2022 – 1 Nov 2022
Trough 20 Jun 2022 · recovered in 134 days
-18.4%
26 Sept 2024 – open
Trough 4 Mar 2025 · not recovered
-17.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
11
Vs category
39
Consistency
60
Risk-adjusted
61
Drawdown
0
Mean
34
Portfolio
31 Aug 2026 · 61 holdings · top 10 are 46.3%.
- Top 5
- 30.8%
- Top 10
- 46.3%
- Largest holding
- 7.7%
- Effective holdings
- 31.2
HDFC Bank Ltd
Financial
7.7%
Kotak Mahindra Bank Ltd
Financial
6.3%
Reliance Industries Ltd
Energy & Utilities
6.2%
ICICI Bank Ltd
Financial
5.6%
Reverse Repo
Unspecified
4.9%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 61% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
HSBC ELSS Tax saver Fund
HSBC Mutual Fund
- 1Y
- +5.6%
- 3Y
- +15.5%
- Vol
- 15.4%
- Max DD
- -19.2%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Invesco India ELSS Tax Saver Fund
Invesco Mutual Fund
- 1Y
- -1.4%
- 3Y
- +11.6%
- Vol
- 15.5%
- Max DD
- -35.8%
- Sharpe
- 0.71
- 3Y win
- +65%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual Fund
- 1Y
- +1.9%
- 3Y
- +15.2%
- Vol
- 13.2%
- Max DD
- -16.4%
- Sharpe
- 0.91
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual Fund
- 1Y
- +2.5%
- 3Y
- n/a
- Vol
- 13.0%
- Max DD
- -13.5%
- Sharpe
- 0.36
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
BANK OF INDIA ELSS TAX SAVER FUND
Bank of India Mutual Fund
- 1Y
- +1.5%
- 3Y
- +11.0%
- Vol
- 16.4%
- Max DD
- -31.7%
- Sharpe
- 0.71
- 3Y win
- +73%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility