Loading…
Sectoral / Thematic · Bandhan Mutual Fund · AMFI code 153720Bandhan Multi-Factor Fund
Disclosed for 3 months, Jul 2026 to Sep 2026.
Portfolio value
₹587 Cr
down ₹59 Cr vs Aug 2026
- Stocks held
- 42
- up 8 vs Aug 2026
- Top 10 weight
- 25.6%
- of the portfolio in its ten largest
- Cash & debt
- 3.6%
- cash, money market and debt
- Moves this month
- 32 in · 24 out
- no additions, trimmed 10
Bandhan Multi-Factor Fund is an active equity fund in the Sectoral / Thematic category from Bandhan Mutual Fund. In September 2026 it disclosed 42 stocks worth ₹587 Cr, down ₹59 Cr from Aug 2026. Its largest positions were Adani Ports and Special Economic Zone Limited (2.6%), Zydus Lifesciences Limited (2.6%), Samvardhana Motherson International Limited (2.6%); the ten largest together made up 25.6% of the portfolio, and Pharmaceuticals & Biotechnology was the biggest sector at 15.9% of its equity. Cash and debt stood at 3.6%. Compared with Aug 2026 the fund entered 32 new stocks and exited 24.
Against 226 other Sectoral / Thematic funds
Concentration
2%
Top-10 weight is higher than 2% of peers
Breadth
46%
Holds more stocks than 46% of peers
Cash
54%
Holds more cash than 54% of peers
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it.
- Cash, TREPS & receivables
- Weight
- 3.58%
- Δ weight
- up 2.26 pts
- Value
- ₹21 Cr
- Δ value
- up ₹12.5 Cr
- Status
- Added
- Weight
- 2.64%
- Δ weight
- up 2.64 pts
- Value
- ₹15.5 Cr
- Δ value
- up ₹15.5 Cr
- Status
- New
- Weight
- 2.64%
- Δ weight
- up 2.64 pts
- Value
- ₹15.5 Cr
- Δ value
- up ₹15.5 Cr
- Status
- New
- Weight
- 2.58%
- Δ weight
- up 2.58 pts
- Value
- ₹15.1 Cr
- Δ value
- up ₹15.1 Cr
- Status
- New
- Weight
- 2.57%
- Δ weight
- up 2.57 pts
- Value
- ₹15.1 Cr
- Δ value
- up ₹15.1 Cr
- Status
- New
- Weight
- 2.53%
- Δ weight
- down 0.66 pts
- Value
- ₹14.9 Cr
- Δ value
- down ₹5.7 Cr
- Status
- Trimmed
- Weight
- 2.53%
- Δ weight
- down 1.55 pts
- Value
- ₹14.8 Cr
- Δ value
- down ₹11.5 Cr
- Status
- Trimmed
- Weight
- 2.52%
- Δ weight
- up 2.52 pts
- Value
- ₹14.8 Cr
- Δ value
- up ₹14.8 Cr
- Status
- New
- Weight
- 2.52%
- Δ weight
- up 2.52 pts
- Value
- ₹14.8 Cr
- Δ value
- up ₹14.8 Cr
- Status
- New
- Weight
- 2.52%
- Δ weight
- up 2.52 pts
- Value
- ₹14.8 Cr
- Δ value
- up ₹14.8 Cr
- Status
- New
- Weight
- 2.50%
- Δ weight
- up 2.50 pts
- Value
- ₹14.7 Cr
- Δ value
- up ₹14.7 Cr
- Status
- New
- Weight
- 2.50%
- Δ weight
- up 2.50 pts
- Value
- ₹14.7 Cr
- Δ value
- up ₹14.7 Cr
- Status
- New
- Weight
- 2.50%
- Δ weight
- down 1.45 pts
- Value
- ₹14.7 Cr
- Δ value
- down ₹10.9 Cr
- Status
- Trimmed
- Weight
- 2.49%
- Δ weight
- down 0.67 pts
- Value
- ₹14.6 Cr
- Δ value
- down ₹5.8 Cr
- Status
- Trimmed
- Weight
- 2.48%
- Δ weight
- down 1.47 pts
- Value
- ₹14.6 Cr
- Δ value
- down ₹11 Cr
- Status
- Trimmed
- Weight
- 2.47%
- Δ weight
- up 2.47 pts
- Value
- ₹14.5 Cr
- Δ value
- up ₹14.5 Cr
- Status
- New
- Weight
- 2.47%
- Δ weight
- up 2.47 pts
- Value
- ₹14.5 Cr
- Δ value
- up ₹14.5 Cr
- Status
- New
- Weight
- 2.46%
- Δ weight
- up 2.46 pts
- Value
- ₹14.5 Cr
- Δ value
- up ₹14.5 Cr
- Status
- New
- Weight
- 2.46%
- Δ weight
- up 2.46 pts
- Value
- ₹14.4 Cr
- Δ value
- up ₹14.4 Cr
- Status
- New
- Weight
- 2.46%
- Δ weight
- up 2.46 pts
- Value
- ₹14.4 Cr
- Δ value
- up ₹14.4 Cr
- Status
- New
- Weight
- 2.45%
- Δ weight
- up 2.45 pts
- Value
- ₹14.4 Cr
- Δ value
- up ₹14.4 Cr
- Status
- New
- Weight
- 2.44%
- Δ weight
- up 2.44 pts
- Value
- ₹14.3 Cr
- Δ value
- up ₹14.3 Cr
- Status
- New
- Weight
- 2.44%
- Δ weight
- up 2.44 pts
- Value
- ₹14.3 Cr
- Δ value
- up ₹14.3 Cr
- Status
- New
- Weight
- 2.44%
- Δ weight
- up 2.44 pts
- Value
- ₹14.3 Cr
- Δ value
- up ₹14.3 Cr
- Status
- New
- Weight
- 2.42%
- Δ weight
- down 0.89 pts
- Value
- ₹14.2 Cr
- Δ value
- down ₹7.2 Cr
- Status
- Trimmed
- Weight
- 2.42%
- Δ weight
- up 2.42 pts
- Value
- ₹14.2 Cr
- Δ value
- up ₹14.2 Cr
- Status
- New
- Weight
- 2.41%
- Δ weight
- down 0.08 pts
- Value
- ₹14.1 Cr
- Δ value
- down ₹2 Cr
- Status
- Trimmed
- Weight
- 2.40%
- Δ weight
- down 1.12 pts
- Value
- ₹14.1 Cr
- Δ value
- down ₹8.6 Cr
- Status
- Trimmed
- Weight
- 2.40%
- Δ weight
- down 1.21 pts
- Value
- ₹14.1 Cr
- Δ value
- down ₹9.2 Cr
- Status
- Trimmed
- Weight
- 2.39%
- Δ weight
- up 2.39 pts
- Value
- ₹14 Cr
- Δ value
- up ₹14 Cr
- Status
- New
- Weight
- 2.39%
- Δ weight
- up 2.39 pts
- Value
- ₹14 Cr
- Δ value
- up ₹14 Cr
- Status
- New
- Weight
- 2.38%
- Δ weight
- up 2.38 pts
- Value
- ₹14 Cr
- Δ value
- up ₹14 Cr
- Status
- New
- Weight
- 2.38%
- Δ weight
- down 0.97 pts
- Value
- ₹13.9 Cr
- Δ value
- down ₹7.7 Cr
- Status
- Trimmed
- Weight
- 2.37%
- Δ weight
- up 2.37 pts
- Value
- ₹13.9 Cr
- Δ value
- up ₹13.9 Cr
- Status
- New
- Weight
- 2.36%
- Δ weight
- up 2.36 pts
- Value
- ₹13.8 Cr
- Δ value
- up ₹13.8 Cr
- Status
- New
- Weight
- 2.32%
- Δ weight
- up 2.32 pts
- Value
- ₹13.6 Cr
- Δ value
- up ₹13.6 Cr
- Status
- New
- Weight
- 2.22%
- Δ weight
- up 2.22 pts
- Value
- ₹13 Cr
- Δ value
- up ₹13 Cr
- Status
- New
- Weight
- 2.19%
- Δ weight
- up 2.19 pts
- Value
- ₹12.9 Cr
- Δ value
- up ₹12.9 Cr
- Status
- New
- Weight
- 1.89%
- Δ weight
- up 1.89 pts
- Value
- ₹11.1 Cr
- Δ value
- up ₹11.1 Cr
- Status
- New
- Weight
- 1.21%
- Δ weight
- up 1.21 pts
- Value
- ₹7.1 Cr
- Δ value
- up ₹7.1 Cr
- Status
- New
- Weight
- 1.19%
- Δ weight
- up 1.19 pts
- Value
- ₹7 Cr
- Δ value
- up ₹7 Cr
- Status
- New
- Weight
- 0.77%
- Δ weight
- up 0.77 pts
- Value
- ₹4.5 Cr
- Δ value
- up ₹4.5 Cr
- Status
- New
- Weight
- 0.70%
- Δ weight
- up 0.70 pts
- Value
- ₹4.1 Cr
- Δ value
- up ₹4.1 Cr
- Status
- New
What changed, Aug 2026 to Sep 2026
New New positions (32)
- Adani Ports and Special Economic Zone Limited2.6% · ₹15.5 Cr
- Zydus Lifesciences Limited2.6% · ₹15.5 Cr
- Samvardhana Motherson International Limited2.6% · ₹15.1 Cr
- Aurobindo Pharma Limited2.6% · ₹15.1 Cr
- Bharat Heavy Electricals Limited2.5% · ₹14.8 Cr
- Bharat Forge Limited2.5% · ₹14.8 Cr
- GMR Airports Limited2.5% · ₹14.8 Cr
- Sun Pharmaceutical Industries Limited2.5% · ₹14.7 Cr
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Pharmaceuticals & Biotechnology (+11.9 pts) and Banks (+6.0 pts), and fell most in Automobiles (−8.8 pts) and IT - Software (−4.9 pts).
- Pharmaceuticals & Biotechnology4.0% → 15.9%+11.9 pts
- Banks9.1% → 15.1%+6.0 pts
- Transport Infrastructure0.0% → 5.4%new+5.4 pts
- Auto Components0.0% → 2.7%new+2.7 pts
- Oil0.0% → 2.6%new+2.6 pts
- Aerospace & Defense0.0% → 2.6%new+2.6 pts
- Automobiles11.3% → 2.5%−8.8 pts
- IT - Software4.9% → 0.0%exited−4.9 pts
- Industrial Products10.0% → 5.1%−4.9 pts
- Capital Markets4.6% → 0.0%exited−4.6 pts
- Cement & Cement Products4.1% → 0.0%exited−4.1 pts
- Telecom - Services3.8% → 0.0%exited−3.8 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Aug 2026 | Sep 2026 |
|---|---|---|
| Pharmaceuticals & Biotechnology | 4.0% | 15.9% |
| Banks | 9.1% | 15.1% |
| Power | 4.1% | 5.9% |
| Transport Infrastructure | — | 5.4% |
| Ferrous Metals | 8.1% | 5.2% |
| Agricultural Food & Other Products | 3.2% | 5.1% |
| Industrial Products | 10.0% | 5.1% |
| Electrical Equipment | 4.1% | 5.1% |
| Finance | 5.0% | 4.8% |
| Auto Components | — | 2.7% |
Allocation in Sep 2026change vs Aug 2026
- Pharmaceuticals & Biotechnology (7)15.9%▲ 11.9 pts
- Banks (7)15.1%▲ 6.0 pts
- Power (3)5.9%▲ 1.9 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Sep 2026
3.6%
▲ 2.3 pts vs Aug 2026
- Cash alone
- 3.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.3% – 3.6%
- lowest to highest · record 3.6% in Sep 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.