Bandhan Large Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Bandhan Large Cap Fund Direct Growth Plan has a NAV of ₹91.645 as of 04 Sep 2026 and an AUM of ₹2,144 Cr. Its 1-year, 3-year and 5-year returns are 4.04%, 13.92% and 11.01% respectively, and the scheme is tagged as High Risk. Our view is that the fund has delivered a mixed short-term outcome but a steadier longer-term pattern, which can suit investors who want large-cap exposure and can tolerate equity volatility.

It is benchmarked against Nifty 50, and the portfolio is led by banks, oil & gas, IT, industrials and healthcare names. That mix keeps the fund anchored to large, liquid businesses, but the recent return path shows that it can still move through uneven stretches before compounding resumes.

Quick facts

The fund is managed by Manish Gunwani and Prateek Poddar.

Source data date: as of 04 Sep 2026

Performance

The recent picture is better than the benchmark in all three time windows shown here. Over 1 month, the fund fell less than the index, and over 3 months it moved ahead more clearly, which tells us the scheme has handled the latest stretch with more strength than Nifty 50.

The 1-year result is even more striking because the benchmark is still negative while the fund is positive. That matters for a large-cap scheme: it suggests the portfolio did not just keep pace in a difficult market, but cushioned the drawdown more effectively than the index.

Longer-term, the fund has held onto a stronger compounding profile. The 3-year return is well above the benchmark and the 5-year return also stays ahead, which points to a strategy that has worked better than the index across a full market cycle rather than only in the latest rebound.

The daily pattern also shows that the ride has not been linear. There were clear pullbacks along the way, so the fund has still behaved like an equity product rather than a steady-income alternative. Our view is that the longer-term trend is constructive, but the short-term swings remind investors that timing risk remains part of the experience.

Source data date: as of 04 Sep 2026

Peer comparison

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On 1-year return, the fund trails several peers with available figures, including the stronger recent outcomes from Quant Large Cap Fund Direct Growth Plan and Taurus Large Cap Fund Direct Growth Plan. That said, its 3-year and 5-year figures remain competitive against the longer-horizon peer set with available data, which suggests the recent gap is more about the latest stretch than a clear break in the longer-term pattern.

Source data date: as of 04 Sep 2026

Portfolio: where your money goes

The largest holding, ICICI Bank Limited, carries an 8.96% weight, so it is large enough to matter but not so dominant that it defines the portfolio by itself. The gap to the tenth holding is meaningful: the list moves from under 9% at the top to a little above 3% at the bottom of the visible holdings, which shows a clear tapering in influence across the top positions.

The top 10 holdings account for approximately 46.27% of the portfolio. With 57 disclosed holdings in total, that suggests the scheme is not built around one or two oversized bets, but it still has a noticeable core concentration in a handful of large positions. In our view, that structure may let the fund express conviction in major large-cap names while leaving room for a broader tail of smaller positions.

Because the visible holdings are spread across banks, energy, technology, industrials, telecom and healthcare, the portfolio may also draw performance from multiple parts of the market rather than a single theme. That can help balance the fund’s large-cap character, although it does not remove equity-market volatility.

To see all holdings, visit the Bandhan Large Cap Fund Direct Growth Plan page

Source data date: as of 04 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk and can stay invested for a longer horizon. The 1-year number is modest, but the 3-year and 5-year records are much firmer, and that tells us the scheme has been better suited to patient investors than to those who need smooth short-term outcomes.

The main trade-off is that the fund may lag in shorter phases even when the longer-run picture stays constructive. Its large-cap, benchmark-aware portfolio can help anchor equity exposure, but investors still need to accept market swings and uneven year-to-year results in exchange for the possibility of stronger multi-year compounding.

Tax and exit load

Exit load: 0.50% on or before 30D, Nil after 30D.

Source data date: as of 04 Sep 2026

Frequently asked questions

What is the current NAV of Bandhan Large Cap Fund Direct Growth Plan?

The current NAV is ₹91.645 as of 04 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The fund’s returns are 4.04% for 1 year, 13.92% for 3 years and 11.01% for 5 years.

How does the fund compare with Nifty 50?

It is ahead of Nifty 50 across the 1-month, 3-month, 1-year, 3-year and 5-year periods shown here. The 1-year benchmark figure is negative, while the fund stays positive.

Which peer funds show stronger recent returns?

Quant Large Cap Fund Direct Growth Plan and Taurus Large Cap Fund Direct Growth Plan show stronger 1-year returns than this fund, while Invesco India Largecap Fund Direct Growth Plan also stays ahead on the 1-year measure. Longer-term comparison is closer, with the fund staying competitive on 3-year and 5-year figures where data is available.

What is the minimum SIP amount?

Minimum SIP is ₹100.

Who manages the fund and what is the exit load?

The fund is managed by Manish Gunwani and Prateek Poddar. The exit load is 0.50% on or before 30D, and nil after 30D.

Bottom line

Bandhan Large Cap Fund Direct Growth Plan has a weaker recent patch than some peers on 1-year return, but its 3-year and 5-year numbers still support a reasonable long-term case. The portfolio stays rooted in large, liquid names, especially banks, while the High Risk tag and uneven short-term path show that this is still an equity fund with normal market volatility. For investors who can hold through dips and want large-cap exposure with a diversified core, the longer-term profile matters more than the latest month or quarter.

Published on 7 September 2026 at 9:53 AM IST