Bandhan Contra Fund Direct Growth NAV today
AMFI: 154600ISIN: INF194KB1KX8MUTF_IN: BAND_CONT_DIR_WZ07NLBandhan Mutual FundContra funds
NAV ₹9.4846up ₹0.05 (0.57%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Direct IDCW ₹9.4846 · Regular IDCW ₹9.4594 · Regular Growth ₹9.4594, 0.56%
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 2.35%22 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 20.630 Sep 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 6930 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes. New fund offer opened in the glossary
- 10 Aug 2026
Bandhan Contra Fund returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth |
|---|---|---|
| 1 week | −1.03% | −1.07% |
| 1 month | −2.81% | −2.95% |
| 3 months | Needs 3 months | – |
₹10,000 put in on 2 Sep 2026 is ₹9,543 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate.
Bandhan Contra Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 1.59 ptsA year, on 22 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 2.35%Over the last 22 days filed
- Regular, 30-day average
- 3.94%Over the last 22 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan at its highest since Aug 2026 in the latest month.Direct plan lowest 0.49%, Aug 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.42% | 1.79% |
| Brokerage | 0.54% | 0.54% |
| Transaction costs | 0.05% | 0.05% |
| Statutory levies | 1.34% | 1.56% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the offer document's words
If redeemed/switched out on/within 30 days from the date of allotment – 0.5% of the applicable NAV.
If redeemed/switched out after 30 days from the date of allotment - Nil.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹500
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 28 Oct 2026.
How Bandhan Contra Fund is taxed
Gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year; gains on units held 12 months or less at 20%.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
Bandhan Contra Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹635 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 2.7%Of the quarter's average
Bandhan Contra Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|---|
| HDFC BankBanks | Large cap2nd | 6.90% | 118.16 | 16,67,329 | Aug 2026or earlier |
| ICICI BankBanks | Large cap5th | 3.95% | 67.60 | 5,11,497 | Aug 2026or earlier |
| Reliance IndustriesPetroleum Products | Large cap1st | 3.48% | 59.52 | 5,01,467 | Aug 2026or earlier |
| State Bank of IndiaBanks | Large cap4th | 2.11% | 36.07 | 3,75,881 | Aug 2026or earlier |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | Large cap13th | 1.98% | 33.90 | 1,86,632 | Aug 2026or earlier |
| The Great Eastern Shipping CompanyTransport Services | Small cap345th | 1.82% | 31.20 | 2,00,000 | Aug 2026or earlier |
| Bajaj FinservFinance | Large cap27th | 1.79% | 30.60 | 1,76,803 | Sep 2026 |
| Kotak Mahindra BankBanks | Large cap16th | 1.71% | 29.19 | 7,00,000 | Aug 2026or earlier |
| Grasim IndustriesCement & Cement Products | Large cap44th | 1.66% | 28.33 | 92,534 | Aug 2026or earlier |
| InfosysIT - Software | Large cap9th | 1.62% | 27.81 | 2,79,717 | Sep 2026 |
| Mahindra & MahindraAutomobiles | Large cap14th | 1.58% | 27.03 | 91,634 | Sep 2026 |
| Adani Ports and Special Economic ZoneTransport Infrastructure | Large cap21st | 1.54% | 26.44 | 1,47,055 | Sep 2026 |
| ITCDiversified FMCG | Large cap17th | 1.53% | 26.28 | 10,00,000 | Sep 2026 |
| TVS Motor CompanyAutomobiles | Large cap49th | 1.48% | 25.26 | 61,528 | Aug 2026or earlier |
| Tech MahindraIT - Software | Large cap59th | 1.45% | 24.78 | 1,62,570 | Aug 2026or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore. 1 line filed with no weight is listed without one.
Futures and options on 30 Sep 2026
| NIFTY October 2026 Future | 7.41% | 126.93 | 55,900 |
Weight is per cent of the fund's net assets; value in ₹ crore. 1 line filed with no weight is listed without one.
Cash and receivables on 30 Sep 2026
| Triparty Repo TRP_011026 | 19.95% | 341.47 |
| Cash Margin - Derivatives | 4.09% | 70.00 |
| Net Receivables/Payables | −0.99% | −143.94 |
| Cash Margin - CCIL | 0.13% | 2.15 |
| Cash / Bank Balance | – | 0.04 |
Weight is per cent of the fund's net assets; value in ₹ crore. 1 line filed with no weight is listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 6.90%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 18.42%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 27.02%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 39.6Taken over 76.82% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Indian shares76.82%
- Cash and receivables23.18%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds. Futures and options, net in the glossary7.41%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces. Futures and options, gross in the glossary7.41%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap66.94%Category 55.98%
- Mid cap16.96%Category 22.97%
- Small cap12.77%Category 17.70%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 2.56% of the fund. Category is the average of 5 Contra funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets. Sector weight in the glossary18sectors
- Financial Services27.14%Category 29.25%
- Healthcare6.65%Category 9.70%
- Consumer Services5.13%Category 4.51%
- Information Technology4.31%Category 5.98%
- Capital Goods3.91%Category 8.22%
- Services3.86%Category 2.68%
- Metals & Mining3.82%Category 2.75%
- Fast Moving Consumer Goods3.76%Category 2.43%
- Oil Gas & Consumable Fuels3.48%Category 3.65%
- Automobile And Auto Components3.06%Category 7.70%
- Power2.54%Category 2.01%
- Realty2.06%Category 1.31%
- Construction Materials1.66%Category 1.73%
- Consumer Durables1.49%Category 1.90%
- Construction1.41%Category 2.39%
- Chemicals0.90%Category 1.99%
- Media Entertainment & Publication0.60%Category 0.12%
- Telecommunication0.48%Category 2.18%
- Sector not known0.56%Category –
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 5 Contra funds. Category average. The sector's weight, less the futures sold on it, averaged over the 5 Contra funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 2 months | |||
|---|---|---|---|
| Financial Services16 companies | 27.14% | 8.54% | |
| Healthcare8 companies | 6.65% | 3.15% | |
| Consumer Services5 companies | 5.13% | 3.30% | |
| Information Technology4 companies | 4.31% | 1.00% | |
| Capital Goods6 companies | 3.91% | 3.02% | |
| Services3 companies | 3.86% | 0.80% | |
| Metals & Mining4 companies | 3.82% | 1.52% | |
| Fast Moving Consumer Goods5 companies | 3.76% | 0.45% | |
| Oil Gas & Consumable Fuels1 company | 3.48% | 2.24% | |
| Automobile And Auto Components2 companies | 3.06% | 0.50% | |
| Power3 companies | 2.54% | 1.24% | |
| Realty2 companies | 2.06% | 0.49% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Aug 2026 to Sep 2026.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 3838.81% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 138.06% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 29
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 3
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 38.06%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 71.93%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| HDFC Bank | Added | 6.90% | 2.48% | +4.42 pts | +10,67,329 |
| ICICI Bank | Added | 3.95% | 1.70% | +2.25 pts | +3,11,497 |
| Bajaj Finserv | New | 1.79% | 0.00% | +1.79 pts | +1,76,803 |
| Infosys | New | 1.62% | 0.00% | +1.62 pts | +2,79,717 |
| Mahindra & Mahindra | New | 1.58% | 0.00% | +1.58 pts | +91,634 |
| Adani Ports and Special Economic Zone | New | 1.54% | 0.00% | +1.54 pts | +1,47,055 |
| ITC | New | 1.53% | 0.00% | +1.53 pts | +10,00,000 |
| General Insurance Corporation of India | New | 1.40% | 0.00% | +1.40 pts | +7,25,000 |
| Larsen & Toubro | New | 1.31% | 0.00% | +1.31 pts | +59,531 |
| Multi Commodity Exchange of India | New | 1.25% | 0.00% | +1.25 pts | +65,000 |
| Shriram Finance | New | 1.25% | 0.00% | +1.25 pts | +2,17,110 |
| Reliance Industries | Added | 3.48% | 2.24% | +1.24 pts | +2,01,467 |
| Hindustan Zinc | New | 1.19% | 0.00% | +1.19 pts | +3,60,000 |
| National Stock Exchange of India | New | 1.04% | 0.00% | +1.04 pts | +1,00,840 |
| The Great Eastern Shipping Company | Added | 1.82% | 0.80% | +1.02 pts | +95,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 2 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | – | – | – | – | – | – | – | – | – | – | 2.48% | 6.90%Added |
 ICICI Bank | – | – | – | – | – | – | – | – | – | – | 1.70% | 3.95%Added |
 Reliance Industries | – | – | – | – | – | – | – | – | – | – | 2.24% | 3.48%Added |
 State Bank of India | – | – | – | – | – | – | – | – | – | – | 1.86% | 2.11%Added |
 Sun Pharmaceutical Industries | – | – | – | – | – | – | – | – | – | – | 2.06% | 1.98%Added |
 The Great Eastern Shipping Company | – | – | – | – | – | – | – | – | – | – | 0.80% | 1.82%Added |
 Bajaj Finserv | – | – | – | – | – | – | – | – | – | – | – | 1.79%Bought |
 Kotak Mahindra Bank | – | – | – | – | – | – | – | – | – | – | 0.73% | 1.71%Added |
 Grasim Industries | – | – | – | – | – | – | – | – | – | – | 1.53% | 1.66%Added |
 Infosys | – | – | – | – | – | – | – | – | – | – | – | 1.62%Bought |
 Mahindra & Mahindra | – | – | – | – | – | – | – | – | – | – | – | 1.58%Bought |
 Adani Ports and Special Economic Zone | – | – | – | – | – | – | – | – | – | – | – | 1.54%Bought |
 ITC | – | – | – | – | – | – | – | – | – | – | – | 1.53%Bought |
 TVS Motor Company | – | – | – | – | – | – | – | – | – | – | 0.50% | 1.48%Added |
 Tech Mahindra | – | – | – | – | – | – | – | – | – | – | 1.00% | 1.45%Added |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover
- Year to Sep 2026Portfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it. Portfolio turnover in the glossary
- 0.0%
Risk ratios
NAV to 27 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| Since Sep 2026 | −6.38% | 4 Sep 2026 | 23 Oct 2026 | Not yet |
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Kotak Contra FundKotak Mahindra Mutual Fund | 27.29% | 17 |
| Invesco India Contra FundInvesco Mutual Fund | 26.38% | 20 |
| SBI Contra FundSBI Mutual Fund | 23.51% | 14 |
| Motilal Oswal Contra FundMotilal Oswal Mutual Fund | 16.81% | 9 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Bandhan Large Cap FundBandhan Mutual Fund | 53.11% |
| Bandhan Large & Mid Cap FundBandhan Mutual Fund | 35.54% |
| Bandhan Innovation FundBandhan Mutual Fund | 34.37% |
| Bandhan Flexi Cap FundBandhan Mutual Fund | 32.00% |
| Bandhan ELSS - Tax Saver FundBandhan Mutual Fund | 31.34% |
| Bandhan Multi Cap FundBandhan Mutual Fund | 29.13% |
| Bandhan Business Cycle FundBandhan Mutual Fund | 28.67% |
| Bandhan Value FundBandhan Mutual Fund | 27.13% |
| Bandhan Focused FundBandhan Mutual Fund | 26.40% |
| Bandhan Financial Services FundBandhan Mutual Fund | 22.23% |
As the fund house states it, for Sep 2026.
Fund details
Objective
The investment objective of the Scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following contrarian investment strategy.
- New fund offer
- 10 Aug 2026 to 24 Aug 2026
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 154600 | INF194KB1KX8 | BAND_CONT_DIR_WZ07NL | 2 Sep 2026 | |
| Regular Growth | 154598 | INF194KB1KU4 | BAND_CONT_REG_IQ8Q1 | 2 Sep 2026 | |
| Direct IDCW | 154599 | INF194KB1LC0 | INF194KB1LD8 | BAND_CONT_DIR_RYZOEG | 2 Sep 2026 |
| Regular IDCW | 154601 | INF194KB1LA4 | INF194KB1LB2 | BAND_CONT_REG_1LS44YF | 2 Sep 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- October 2026Bandhan Mutual Fund, Sep 2026
Statement of additional information
- SAI Bandhan Mutual FundBandhan Mutual Fund, Oct 2026
Annual report
- Abridged Annual Report - Set 1 - Debt SchemesBandhan Mutual Fund, Mar 2026
- Abridged Annual Report - Set 2 - Equity SchemesBandhan Mutual Fund, Mar 2026
- Abridged Annual Report - Set 3 - Fixed Term PlansBandhan Mutual Fund, Mar 2026
- Abridged Annual Report - Set 4 - Fund of Funds SchemesBandhan Mutual Fund, Mar 2026
Riskometer disclosure
- Annual changes in Risk-o-meterBandhan Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - 30-Sep-2026Bandhan Mutual Fund, Sep 2026