Bandhan Arbitrage Fund

Bandhan Mutual FundHybridPortfolio as of 30 September 2026

Bandhan Arbitrage Fund holds 389 instruments (70.17% equity), led by HDFC Bank Limited (5.22%), Reliance Industries Limited (4.47%) and ICICI Bank Limited (4.31%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings

389

Equity Allocation

70.17%

AMC

Bandhan Mutual Fund

Portfolio Analysis

Bandhan Arbitrage Fund's top 10 holdings account for 25.39% of its portfolio, more diversified than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 29.79% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 23 new positions and exited 20 positions, with Reliance Industries Limited seeing the largest move (+2.36pp to 4.47%).

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

29.79%

Materials

7.16%

Energy

6.32%

Industrials

5.6%

Consumer Discretionary

4.38%

Telecommunication

4.35%

Healthcare

3.94%

Consumer Staples

2.85%

Utilities

2.62%

Information Technology

2.03%

Services

0.69%

Real Estate

0.44%

Other

-40.69%

Top 10 Equity Holdings

HDFC Bank Limited · 5.22%Reliance Industries Limited · 4.47%ICICI Bank Limited · 4.31%Vodafone Idea Limited · 2.34%Axis Bank Limited · 1.97%State Bank of India · 1.8%Bharti Airtel Limited · 1.44%Kotak Mahindra Bank Limited · 1.36%Adani Enterprises Limited · 1.26%Canara Bank · 1.22%

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.

23 new entries20 exits10 increased10 reduced

New Entries

Complete Exits

Adani Ports and Special Economic Zone Limited · was 1.02%DLF Limited · was 0.55%ICICI Lombard General Insurance Company Limited · was 0.25%Apollo Hospitals Enterprise Limited · was 0.23%Cochin Shipyard Limited · was 0.16%Mazagon Dock Shipbuilders Limited · was 0.15%SBI Life Insurance Company Limited · was 0.06%Mankind Pharma Limited · was 0.05%Polycab India Limited · was 0.04%Bosch Limited · was 0.04%ICICI Prudential Life Insurance Company Limited · was 0.03%Max Healthcare Institute Limited · was 0.03%Oracle Financial Services Software Limited · was 0.02%360 ONE WAM LIMITED · was 0.02%UNO Minda Limited · was 0.01%Oberoi Realty Limited · was 0.01%ABB India Limited · was 0.01%KPIT Technologies Limited · was 0.01%Rail Vikas Nigam Limited · was 0%Tata Elxsi Limited · was 0%

Biggest Weight Increases

Stock	Weight	Change
Reliance Industries Limited	2.11% → 4.47%	▲ +2.36
ICICI Bank Limited	2.3% → 4.31%	▲ +2.01
HDFC Bank Limited	4.76% → 5.22%	▲ +0.46
Multi Commodity Exchange of India Limited	0.16% → 0.61%	▲ +0.45
Bajaj Finance Limited	0.3% → 0.66%	▲ +0.36
Coforge Limited	0.03% → 0.32%	▲ +0.29
Power Finance Corporation Limited	0.2% → 0.48%	▲ +0.28
APL Apollo Tubes Limited	0.56% → 0.82%	▲ +0.26
RBL Bank Limited	0.1% → 0.35%	▲ +0.25
PB Fintech Limited	0.03% → 0.22%	▲ +0.19

Biggest Weight Reductions

Stock	Weight	Change
Larsen & Toubro Limited	1.55% → 0.72%	▼ -0.83
Vodafone Idea Limited	2.94% → 2.34%	▼ -0.6
Max Financial Services Limited	0.89% → 0.32%	▼ -0.57
Axis Bank Limited	2.41% → 1.97%	▼ -0.44
Kalyan Jewellers India Limited	0.43% → 0.05%	▼ -0.38
Kotak Mahindra Bank Limited	1.72% → 1.36%	▼ -0.36
Hitachi Energy India Limited	0.53% → 0.18%	▼ -0.35
Bharat Heavy Electricals Limited	1.09% → 0.74%	▼ -0.35
Grasim Industries Limited	0.37% → 0.04%	▼ -0.33
Eicher Motors Limited	0.34% → 0.03%	▼ -0.31

Top Holdings — Weight Trend

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

HDFC Bank Limited

5.22%

Reliance Industries Limited

4.47%

ICICI Bank Limited

4.31%

Vodafone Idea Limited

2.34%

Axis Bank Limited

1.97%

Full Portfolio (389 holdings)

#	Holding	Sector	% to NAV
1	Bandhan Money Market Fund -Direct Plan-Growthmf	—	13.52%
2	BANDHAN Low Duration Fund-Direct Plan-Growthmf	—	8.95%
3	HDFC Bank Limited	Financial Services	5.22%
4	BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN GROWTHmf	—	4.93%
5	Reliance Industries Limited	Energy	4.47%
6	ICICI Bank Limited	Financial Services	4.31%
7	Vodafone Idea Limited	Telecommunication	2.34%
8	Axis Bank Limited	Financial Services	1.97%
9	State Bank of India	Financial Services	1.8%
10	Bharti Airtel Limited	Telecommunication	1.44%
11	Triparty Repo TRP_011026treps	—	1.37%
12	Kotak Mahindra Bank Limited	Financial Services	1.36%
13	Adani Enterprises Limited	Materials	1.26%
14	Canara Bank	Financial Services	1.22%
15	Jio Financial Services Limited	Financial Services	1.19%
16	JSW Steel Limited	Materials	1.09%
17	Life Insurance Corporation Of India	Financial Services	1.07%
18	Tata Steel Limited	Materials	1%
19	Coal India Limited	Energy	0.99%
20	Steel Authority of India Limited	Materials	0.96%
21	Punjab National Bank	Financial Services	0.9%
22	Glenmark Pharmaceuticals Limited	Healthcare	0.88%
23	APL Apollo Tubes Limited	Industrials	0.82%
24	Adani Power Limited	Utilities	0.81%
25	The Indian Hotels Company Limited	Consumer Discretionary	0.76%
26	Bharat Heavy Electricals Limited	Industrials	0.74%
27	Larsen & Toubro Limited	Industrials	0.72%
28	Cummins India Limited	Industrials	0.72%
29	Varun Beverages Limited	Consumer Staples	0.72%
30	Divi's Laboratories Limited	Healthcare	0.69%
31	IDFC First Bank Limited	Financial Services	0.69%
32	Muthoot Finance Limited	Financial Services	0.67%
33	HDFC Life Insurance Company Limited	Financial Services	0.66%
34	Bajaj Finance Limited	Financial Services	0.66%
35	Adani Energy Solutions Limited	Utilities	0.63%
36	Bank of Baroda	Financial Services	0.63%
37	Tech Mahindra Limited	Information Technology	0.63%
38	National Bank For Agriculture and Rural Developmentbond	—	0.63%
39	National Bank For Agriculture and Rural Development 2027bond	—	0.63%
40	JINDAL STEEL LIMITED	Materials	0.62%
41	Multi Commodity Exchange of India Limited	Financial Services	0.61%
42	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.61%
43	Samvardhana Motherson International Limited	Consumer Discretionary	0.6%
44	Indus Towers Limited	Telecommunication	0.57%
45	HDFC Asset Management Company Limited	Financial Services	0.54%
46	The Federal Bank Limited	Financial Services	0.54%
47	Ambuja Cements Limited	Materials	0.53%
48	Ashok Leyland Limited	Industrials	0.51%
49	Hindustan Unilever Limited	Consumer Staples	0.51%
50	Torrent Pharmaceuticals Limited	Healthcare	0.51%
51	LIC Housing Finance Limited	Financial Services	0.5%
52	NMDC Limited	Materials	0.49%
53	Power Finance Corporation Limited	Financial Services	0.48%
54	Biocon Limited	Healthcare	0.48%
55	AU Small Finance Bank Limited	Financial Services	0.47%
56	Marico Limited	Consumer Staples	0.46%
57	Indian Oil Corporation Limited	Energy	0.45%
58	Fortis Healthcare Limited	Healthcare	0.45%
59	Union Bank of India	Financial Services	0.41%
60	Manappuram Finance Limited	Financial Services	0.41%
61	Godrej Properties Limited	Real Estate	0.4%
62	Yes Bank Limited	Financial Services	0.4%
63	Tata Power Company Limited	Utilities	0.39%
64	Swiggy Limited	Consumer Discretionary	0.39%
65	IndusInd Bank Limited	Financial Services	0.39%
66	Container Corporation of India Limited	Services	0.38%
67	Infosys Limited	Information Technology	0.37%
68	ITC Limited	Consumer Staples	0.37%
69	Patanjali Foods Limited	Consumer Staples	0.36%
70	Indian Energy Exchange Limited	Financial Services	0.36%
71	Adani Green Energy Limited	Utilities	0.35%
72	RBL Bank Limited	Financial Services	0.35%
73	Central Depository Services (India) Limited	Financial Services	0.34%
74	Tata Consultancy Services Limited	Information Technology	0.34%
75	Bank of India	Financial Services	0.33%
76	Bharat Electronics Limited	Industrials	0.33%
77	GE Vernova T&D India Limited	Industrials	0.33%
78	Coforge Limited	Information Technology	0.32%
79	Max Financial Services Limited	Financial Services	0.32%
80	Hindustan Aeronautics Limited	Industrials	0.31%
81	UPL Limited	Materials	0.3%
82	Bharat Forge Limited	Consumer Discretionary	0.3%
83	SRF Limited	Materials	0.29%
84	Hindalco Industries Limited	Materials	0.29%
85	Lupin Limited	Healthcare	0.28%
86	Bharat Petroleum Corporation Limited	Energy	0.28%
87	NTPC Limited	Utilities	0.28%
88	Suzlon Energy Limited	Industrials	0.26%
89	Astral Limited	Industrials	0.26%
90	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.26%
91	Sun Pharmaceutical Industries Limited	Healthcare	0.25%
92	PG Electroplast Limited	Consumer Discretionary	0.23%
93	PB Fintech Limited	Financial Services	0.22%
94	Maruti Suzuki India Limited	Consumer Discretionary	0.18%
95	Hitachi Energy India Limited	Industrials	0.18%
96	Mahindra & Mahindra Limited	Consumer Discretionary	0.18%
97	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	0.16%
98	Inox Wind Limited	Industrials	0.16%
99	Aditya Birla Capital Limited	Financial Services	0.14%
100	TVS Motor Company Limited	Consumer Discretionary	0.13%
101	Laurus Labs Limited	Healthcare	0.13%
102	UltraTech Cement Limited	Materials	0.13%
103	SAGILITY LIMITED	Information Technology	0.13%
104	Aurobindo Pharma Limited	Healthcare	0.13%
105	PNB Housing Finance Limited	Financial Services	0.13%
106	BANK OF BARODA CD REDbond	—	0.13%
107	Cholamandalam Investment and Finance Company Limited	Financial Services	0.12%
108	MphasiS Limited	Information Technology	0.12%
109	KEI Industries Limited	Industrials	0.12%
110	Dabur India Limited	Consumer Staples	0.12%
111	GMR AIRPORTS LIMITED	Services	0.12%
112	JSW Energy Limited	Utilities	0.11%
113	Tube Investments of India Limited	Consumer Discretionary	0.1%
114	Delhivery Limited	Services	0.1%
115	Bajaj Finserv Limited	Financial Services	0.1%
116	InterGlobe Aviation Limited	Services	0.09%
117	Alkem Laboratories Limited	Healthcare	0.09%
118	Voltas Limited	Consumer Discretionary	0.09%
119	HCL Technologies Limited	Information Technology	0.09%
120	Bank of Maharashtra	Financial Services	0.08%
121	Trent Limited	Consumer Discretionary	0.08%
122	Bajaj Auto Limited	Consumer Discretionary	0.07%
123	ETERNAL LIMITED	Consumer Discretionary	0.07%
124	Asian Paints Limited	Consumer Discretionary	0.07%
125	Info Edge (India) Limited	Consumer Discretionary	0.06%
126	Hindustan Petroleum Corporation Limited	Energy	0.06%
127	Oil & Natural Gas Corporation Limited	Energy	0.06%
128	NBCC (India) Limited	Industrials	0.06%
129	United Spirits Limited	Consumer Staples	0.06%
130	SBI Cards and Payment Services Limited	Financial Services	0.05%
131	Pidilite Industries Limited	Materials	0.05%
132	Amber Enterprises India Limited	Consumer Discretionary	0.05%
133	GAIL (India) Limited	Utilities	0.05%
134	Kalyan Jewellers India Limited	Consumer Discretionary	0.05%
135	Supreme Industries Limited	Industrials	0.05%
136	Vedanta Limited	Materials	0.05%
137	The Phoenix Mills Limited	Real Estate	0.04%
138	Grasim Industries Limited	Materials	0.04%
139	Zydus Lifesciences Limited	Healthcare	0.04%
140	Nestle India Limited	Consumer Staples	0.04%
141	Shriram Finance Limited	Financial Services	0.04%
142	Hero MotoCorp Limited	Consumer Discretionary	0.04%
143	Hindustan Zinc Limited	Materials	0.03%
144	Bharat Dynamics Limited	Industrials	0.03%
145	Eicher Motors Limited	Consumer Discretionary	0.03%
146	Colgate Palmolive (India) Limited	Consumer Staples	0.03%
147	BSE Limited	Financial Services	0.03%
148	Persistent Systems Limited	Information Technology	0.03%
149	Solar Industries India Limited	Materials	0.02%
150	Bajaj Holdings & Investment Limited	Financial Services	0.02%
151	Computer Age Management Services Limited	Financial Services	0.02%
152	Avenue Supermarts Limited	Consumer Discretionary	0.02%
153	Angel One Limited	Financial Services	0.01%
154	Godrej Consumer Products Limited	Consumer Staples	0.01%
155	Ujjivan Small Finance Bank Limited	Financial Services	0.01%
156	Cipla Limited	Healthcare	0.01%
157	National Aluminium Company Limited	Materials	0.01%
158	Oil India Limited	Energy	0.01%
159	Indian Bank	Financial Services	0.01%
160	Page Industries Limited	Consumer Discretionary	0.01%
161	One 97 Communications Limited	Financial Services	0.01%
162	Radico Khaitan Limited	Consumer Staples	0.01%
163	Cash Margin - CCILother	—	0.01%
164	FSN E-Commerce Ventures Limited	Consumer Discretionary	0%
165	Prestige Estates Projects Limited	Real Estate	0%
166	Siemens Energy India Limited	Industrials	0%
167	Ather Energy Limited	Consumer Discretionary	0%
168	Titan Company Limited	Consumer Discretionary	0%
169	Motilal Oswal Financial Services Limited	Financial Services	0%
170	Britannia Industries Limited	Consumer Staples	0%
171	Power Grid Corporation of India Limited	Utilities	0%
172	Indian Energy Exchange Limited Futureother	—	0%
173	Power Grid Corporation of India Limited Futureother	—	0%
174	Britannia Industries Limited Futureother	—	0%
175	Reliance Industries Limited Futureother	—	0%
176	GMR Airports Limited Futureother	—	0%
177	Bank of Baroda Futureother	—	0%
178	Motilal Oswal Financial Services Limited Futureother	—	0%
179	Infosys Limited Futureother	—	0%
180	Titan Company Limited Futureother	—	0%
181	Jio Financial Services Limited Futureother	—	0%
182	Ather Energy Limited Futureother	—	0%
183	Godrej Properties Limited Futureother	—	0%
184	Siemens Energy India Limited Futureother	—	0%
185	Godrej Consumer Products Limited Futureother	—	0%
186	GAIL (India) Limited Futureother	—	0%
187	ICICI Bank Limited Futureother	—	0%
188	Sun Pharmaceutical Industries Limited Futureother	—	0%
189	Prestige Estates Projects Limited Futureother	—	0%
190	Hindustan Aeronautics Limited Futureother	—	0%
191	GE Vernova T&D India Limited Futureother	—	0%
192	FSN E-Commerce Ventures Limited Futureother	—	0%
193	Shriram Finance Limited Futureother	—	0%
194	Bharat Heavy Electricals Limited Futureother	—	0%
195	Larsen & Toubro Limited Futureother	—	0%
196	Hindalco Industries Limited Futureother	—	-0.01%
197	Eicher Motors Limited Futureother	—	-0.01%
198	Sagility Limited Futureother	—	-0.01%
199	APL Apollo Tubes Limited Futureother	—	-0.01%
200	HDFC Bank Limited Futureother	—	-0.01%
201	Radico Khaitan Limited Futureother	—	-0.01%
202	One 97 Communications Limited Futureother	—	-0.01%
203	Coal India Limited Futureother	—	-0.01%
204	The Phoenix Mills Limited Futureother	—	-0.01%
205	Crompton Greaves Consumer Electricals Limited Futureother	—	-0.01%
206	Page Industries Limited Futureother	—	-0.01%
207	The Indian Hotels Company Limited Futureother	—	-0.01%
208	Godrej Consumer Products Limited Futureother	—	-0.01%
209	Indian Bank Futureother	—	-0.01%
210	Oil India Limited Futureother	—	-0.01%
211	Tata Steel Limited Futureother	—	-0.01%
212	National Aluminium Company Limited Futureother	—	-0.01%
213	Ujjivan Small Finance Bank Limited Futureother	—	-0.01%
214	Cipla Limited Futureother	—	-0.01%
215	Angel One Limited Futureother	—	-0.01%
216	Varun Beverages Limited Futureother	—	-0.01%
217	Adani Green Energy Limited Futureother	—	-0.01%
218	Avenue Supermarts Limited Futureother	—	-0.02%
219	IDFC First Bank Limited Futureother	—	-0.02%
220	Computer Age Management Services Limited Futureother	—	-0.02%
221	Lupin Limited Futureother	—	-0.02%
222	Tata Motors Passenger Vehicles Limited Futureother	—	-0.02%
223	Bajaj Holdings & Investment Limited Futureother	—	-0.02%
224	Solar Industries India Limited Futureother	—	-0.02%
225	Fortis Healthcare Limited Futureother	—	-0.02%
226	Eicher Motors Limited Futureother	—	-0.02%
227	Dabur India Limited Futureother	—	-0.02%
228	Persistent Systems Limited Futureother	—	-0.03%
229	The Federal Bank Limited Futureother	—	-0.03%
230	BSE Limited Futureother	—	-0.03%
231	Colgate Palmolive (India) Limited Futureother	—	-0.03%
232	Kotak Mahindra Bank Limited Futureother	—	-0.03%
233	Indian Oil Corporation Limited Futureother	—	-0.03%
234	Bharat Dynamics Limited Futureother	—	-0.03%
235	Hindustan Zinc Limited Futureother	—	-0.03%
236	The Phoenix Mills Limited Futureother	—	-0.03%
237	Shriram Finance Limited Futureother	—	-0.03%
238	HDFC Life Insurance Company Limited Futureother	—	-0.04%
239	Hero MotoCorp Limited Futureother	—	-0.04%
240	ITC Limited Futureother	—	-0.04%
241	Nestle India Limited Futureother	—	-0.04%
242	Bharat Electronics Limited Futureother	—	-0.04%
243	Grasim Industries Limited Futureother	—	-0.04%
244	Zydus Lifesciences Limited Futureother	—	-0.04%
245	HDFC Asset Management Company Limited Futureother	—	-0.04%
246	Bank of India Futureother	—	-0.04%
247	Vedanta Limited Futureother	—	-0.05%
248	GAIL (India) Limited Futureother	—	-0.05%
249	Supreme Industries Limited Futureother	—	-0.05%
250	Kalyan Jewellers India Limited Futureother	—	-0.05%
251	Amber Enterprises India Limited Futureother	—	-0.05%
252	Pidilite Industries Limited Futureother	—	-0.05%
253	Bajaj Finance Limited Futureother	—	-0.05%
254	SBI Cards and Payment Services Limited Futureother	—	-0.06%
255	United Spirits Limited Futureother	—	-0.06%
256	NBCC (India) Limited Futureother	—	-0.06%
257	Oil & Natural Gas Corporation Limited Futureother	—	-0.06%
258	ICICI Bank Limited Futureother	—	-0.06%
259	Hindustan Petroleum Corporation Limited Futureother	—	-0.06%
260	Info Edge (India) Limited Futureother	—	-0.06%
261	Punjab National Bank Futureother	—	-0.07%
262	Asian Paints Limited Futureother	—	-0.07%
263	Eternal Limited Futureother	—	-0.07%
264	Bajaj Auto Limited Futureother	—	-0.08%
265	Union Bank of India Futureother	—	-0.08%
266	Trent Limited Futureother	—	-0.08%
267	Divi's Laboratories Limited Futureother	—	-0.08%
268	Biocon Limited Futureother	—	-0.08%
269	Bank of Maharashtra Futureother	—	-0.08%
270	HCL Technologies Limited Futureother	—	-0.08%
271	Adani Power Limited Futureother	—	-0.09%
272	Voltas Limited Futureother	—	-0.09%
273	InterGlobe Aviation Limited Futureother	—	-0.09%
274	Alkem Laboratories Limited Futureother	—	-0.09%
275	Dabur India Limited Futureother	—	-0.09%
276	Bajaj Finserv Limited Futureother	—	-0.1%
277	Delhivery Limited Futureother	—	-0.1%
278	Tube Investments of India Limited Futureother	—	-0.1%
279	JSW Energy Limited Futureother	—	-0.11%
280	Suzlon Energy Limited Futureother	—	-0.11%
281	GMR Airports Limited Futureother	—	-0.12%
282	KEI Industries Limited Futureother	—	-0.12%
283	Mphasis Limited Futureother	—	-0.12%
284	Cholamandalam Investment and Finance Company Ltd Futureother	—	-0.12%
285	Sagility Limited Futureother	—	-0.12%
286	PNB Housing Finance Limited Futureother	—	-0.13%
287	Aurobindo Pharma Limited Futureother	—	-0.13%
288	UltraTech Cement Limited Futureother	—	-0.13%
289	Laurus Labs Limited Futureother	—	-0.13%
290	Canara Bank Futureother	—	-0.13%
291	TVS Motor Company Limited Futureother	—	-0.13%
292	Hindustan Unilever Limited Futureother	—	-0.14%
293	Aditya Birla Capital Limited Futureother	—	-0.14%
294	Suzlon Energy Limited Futureother	—	-0.15%
295	Inox Wind Limited Futureother	—	-0.16%
296	Tata Consumer Products Limited Futureother	—	-0.16%
297	Mahindra & Mahindra Limited Futureother	—	-0.18%
298	Hitachi Energy India Limited Futureother	—	-0.18%
299	Maruti Suzuki India Limited Futureother	—	-0.18%
300	PB Fintech Limited Futureother	—	-0.22%
301	PG Electroplast Limited Futureother	—	-0.23%
302	Tata Motors Passenger Vehicles Limited Futureother	—	-0.24%
303	Sun Pharmaceutical Industries Limited Futureother	—	-0.25%
304	Lupin Limited Futureother	—	-0.26%
305	Astral Limited Futureother	—	-0.26%
306	NTPC Limited Futureother	—	-0.27%
307	Bharat Petroleum Corporation Limited Futureother	—	-0.28%
308	State Bank of India Futureother	—	-0.28%
309	Hindalco Industries Limited Futureother	—	-0.29%
310	Bank of India Futureother	—	-0.29%
311	Bharat Electronics Limited Futureother	—	-0.29%
312	SRF Limited Futureother	—	-0.3%
313	UPL Limited Futureother	—	-0.3%
314	Bharat Forge Limited Futureother	—	-0.3%
315	Hindustan Aeronautics Limited Futureother	—	-0.31%
316	Max Financial Services Limited Futureother	—	-0.32%
317	Coforge Limited Futureother	—	-0.33%
318	GE Vernova T&D India Limited Futureother	—	-0.33%
319	ITC Limited Futureother	—	-0.33%
320	Union Bank of India Futureother	—	-0.34%
321	Adani Green Energy Limited Futureother	—	-0.34%
322	Tata Consultancy Services Limited Futureother	—	-0.34%
323	Net Current Assetsother	—	-0.34%
324	Central Depository Services (India) Limited Futureother	—	-0.35%
325	RBL Bank Limited Futureother	—	-0.35%
326	Indian Energy Exchange Limited Futureother	—	-0.36%
327	Patanjali Foods Limited Futureother	—	-0.37%
328	Hindustan Unilever Limited Futureother	—	-0.37%
329	Infosys Limited Futureother	—	-0.37%
330	Container Corporation of India Limited Futureother	—	-0.38%
331	IndusInd Bank Limited Futureother	—	-0.39%
332	Swiggy Limited Futureother	—	-0.39%
333	Tata Power Company Limited Futureother	—	-0.4%
334	Yes Bank Limited Futureother	—	-0.4%
335	Godrej Properties Limited Futureother	—	-0.4%
336	Biocon Limited Futureother	—	-0.4%
337	HDFC Bank Limited Futureother	—	-0.41%
338	Reliance Industries Limited Futureother	—	-0.41%
339	Manappuram Finance Limited Futureother	—	-0.42%
340	Indian Oil Corporation Limited Futureother	—	-0.42%
341	Fortis Healthcare Limited Futureother	—	-0.42%
342	Marico Limited Futureother	—	-0.46%
343	AU Small Finance Bank Limited Futureother	—	-0.47%
344	Power Finance Corporation Limited Futureother	—	-0.49%
345	NMDC Limited Futureother	—	-0.49%
346	HDFC Asset Management Company Limited Futureother	—	-0.51%
347	Torrent Pharmaceuticals Limited Futureother	—	-0.51%
348	LIC Housing Finance Limited Futureother	—	-0.51%
349	Ashok Leyland Limited Futureother	—	-0.52%
350	The Federal Bank Limited Futureother	—	-0.52%
351	Ambuja Cements Limited Futureother	—	-0.53%
352	Indus Towers Limited Futureother	—	-0.57%
353	Samvardhana Motherson International Limited Futureother	—	-0.6%
354	Crompton Greaves Consumer Electricals Limited Futureother	—	-0.6%
355	Bajaj Finance Limited Futureother	—	-0.61%
356	Divi's Laboratories Limited Futureother	—	-0.61%
357	Jindal Steel Limited Futureother	—	-0.62%
358	Multi Commodity Exchange of India Limited Futureother	—	-0.62%
359	HDFC Life Insurance Company Limited Futureother	—	-0.62%
360	Tech Mahindra Limited Futureother	—	-0.63%
361	Bank of Baroda Futureother	—	-0.64%
362	Adani Energy Solutions Limited Futureother	—	-0.64%
363	IDFC First Bank Limited Futureother	—	-0.67%
364	Muthoot Finance Limited Futureother	—	-0.68%
365	Varun Beverages Limited Futureother	—	-0.71%
366	Adani Power Limited Futureother	—	-0.72%
367	Larsen & Toubro Limited Futureother	—	-0.72%
368	Cummins India Limited Futureother	—	-0.73%
369	Bharat Heavy Electricals Limited Futureother	—	-0.74%
370	The Indian Hotels Company Limited Futureother	—	-0.76%
371	APL Apollo Tubes Limited Futureother	—	-0.82%
372	Punjab National Bank Futureother	—	-0.84%
373	Glenmark Pharmaceuticals Limited Futureother	—	-0.89%
374	Steel Authority of India Limited Futureother	—	-0.94%
375	Coal India Limited Futureother	—	-0.98%
376	Tata Steel Limited Futureother	—	-1%
377	Life Insurance Corporation Of India Futureother	—	-1.08%
378	Canara Bank Futureother	—	-1.1%
379	JSW Steel Limited Futureother	—	-1.1%
380	Jio Financial Services Limited Futureother	—	-1.19%
381	Adani Enterprises Limited Futureother	—	-1.26%
382	Kotak Mahindra Bank Limited Futureother	—	-1.33%
383	Bharti Airtel Limited Futureother	—	-1.45%
384	State Bank of India Futureother	—	-1.54%
385	Axis Bank Limited Futureother	—	-1.97%
386	Vodafone Idea Limited Futureother	—	-2.35%
387	Reliance Industries Limited Futureother	—	-4.08%
388	ICICI Bank Limited Futureother	—	-4.27%
389	HDFC Bank Limited Futureother	—	-4.86%

More funds from Bandhan Mutual Fund

Bandhan Small Cap Fund · 269 holdings
Bandhan Balanced Advantage Fund · 178 holdings
Bandhan Multi Asset Allocation Fund · 178 holdings
Bandhan Large & Mid Cap Fund · 134 holdings
Bandhan Equity Savings Fund · 129 holdings
Bandhan Aggressive Hybrid Fund · 114 holdings
Bandhan Multi Cap Fund · 103 holdings
Bandhan Innovation Fund · 92 holdings

All Bandhan Mutual Fund schemes →

Other Hybrid funds

Edelweiss Arbitrage Fund · Edelweiss
DSP Arbitrage Fund · DSP
Axis Arbitrage Fund · Axis
HDFC Balanced Advantage Fund · HDFC
Bajaj Finserv Arbitrage Fund · Bajaj
ICICI Prudential Multi-Asset Fund · ICICI
Motilal Oswal Arbitrage Fund · Motilal
ICICI Prudential Equity & Debt Fund · ICICI
Zerodha Life Cycle Fund 2031 · Zerodha
Zerodha Life Cycle Fund 2036 · Zerodha

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 5.22% of Bandhan Arbitrage Fund's net assets — its number 1 holding.

Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 4.47% of Bandhan Arbitrage Fund's net assets — its number 2 holding.

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 4.31% of Bandhan Arbitrage Fund's net assets — its number 3 holding.

Yes. As of its 30 September 2026 disclosure, Vodafone Idea Limited is 2.34% of Bandhan Arbitrage Fund's net assets — its number 4 holding.

Yes. As of its 30 September 2026 disclosure, Axis Bank Limited is 1.97% of Bandhan Arbitrage 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.