Previously Known As : Idfc Tax Advantage (Elss) Fund/Bandhan Tax Advantage (Elss) Fund
Bandhan Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 19
Rating
Growth Option 02-04-2026
NAV ₹140.35(R) +0.12% ₹162.45(D) +0.12%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -0.26% 12.4% 13.01% 13.74% 14.49%
Direct 0.84% 13.65% 14.3% 15.03% 15.81%
Nifty 500 TRI -0.6% 13.85% 12.03% 12.75% 13.69%
SIP (XIRR) Regular -13.35% 1.65% 7.73% 13.54% 13.3%
Direct -12.36% 2.84% 9.01% 14.91% 14.63%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.85 0.41 0.6 -0.7% -0.46
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.47% -14.25% -16.72% 0.89 8.48%
Fund AUM As on: 30/12/2025 7233 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI ELSS Tax Saver Fund 1
DSP ELSS Tax Saver Fund 2
HDFC ELSS Tax Saver 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
Mirae Asset ELSS Tax Saver Fund 5
HSBC Elss Tax Saver Fund 6
Nippon India ELSS Tax Saver Fund 7
Tata ELSS Fund 8

NAV Date: 02-04-2026

Scheme Name NAV Rupee Change Percent Change
BANDHAN ELSS Tax Saver Fund - Regular Plan - IDCW 28.35
0.0300
0.1200%
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW 37.59
0.0500
0.1200%
BANDHAN ELSS Tax Saver Fund - Regular Plan - Growth 140.35
0.1700
0.1200%
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth 162.45
0.2000
0.1200%

Review Date: 02-04-2026

Beginning of Analysis

Bandhan ELSS Tax saver Fund is the 23rd ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 2 star rating shows a poor past performance of the Bandhan ELSS Tax saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -0.7% which is lower than the category average of -1.0%, showing poor performance. The fund has a Sharpe Ratio of 0.85 which is higher than the category average of 0.8.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Bandhan ELSS Tax saver Fund Return Analysis

The Bandhan ELSS Tax saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -7.81%, -12.12 and -7.13 in last one, three and six months respectively. In the same period the category average return was -7.79%, -12.41% and -9.16% respectively.
  • Bandhan ELSS Tax saver Fund has given a return of 0.84% in last one year. In the same period the Nifty 500 TRI return was -0.6%. The fund has given 1.44% more return than the benchmark return.
  • The fund has given a return of 13.65% in last three years and rank 22nd out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 13.85%. The fund has given 0.2% less return than the benchmark return.
  • Bandhan ELSS Tax saver Fund has given a return of 14.3% in last five years and category average returns is 12.86% in same period. The fund ranked 8th out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 12.03%. The fund has given 2.27% more return than the benchmark return.
  • The fund has given a return of 15.81% in last ten years and ranked 7th out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 13.69%. The fund has given 2.12% more return than the benchmark return.
  • The fund has given a SIP return of -12.36% in last one year whereas category average SIP return is -15.17%. The fund one year return rank in the category is 8th in 41 funds
  • The fund has SIP return of 2.84% in last three years and ranks 20th in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (8.59%) in the category in last three years.
  • The fund has SIP return of 9.01% in last five years whereas category average SIP return is 8.8%.

Bandhan ELSS Tax saver Fund Risk Analysis

  • The fund has a standard deviation of 11.47 and semi deviation of 8.48. The category average standard deviation is 12.95 and semi deviation is 9.5.
  • The fund has a Value at Risk (VaR) of -14.25 and a maximum drawdown of -16.72. The category average VaR is -16.62 and the maximum drawdown is -17.56. The fund has a beta of 0.85 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -7.89 -8.28
    -7.86
    		-10.19 | -2.14 18 | 40 Good
    3M Return % -12.36 -12.99
    -12.65
    		-15.13 | -7.84 16 | 40 Good
    6M Return % -7.63 -8.82
    -9.69
    		-14.77 | -6.08 6 | 40 Very Good
    1Y Return % -0.26 -0.60
    -2.27
    		-8.52 | 2.83 10 | 40 Very Good
    3Y Return % 12.40 13.85
    12.91
    		3.98 | 20.47 21 | 38 Average
    5Y Return % 13.01 12.03
    11.59
    		6.95 | 16.75 10 | 31 Good
    7Y Return % 13.74 12.75
    12.29
    		8.27 | 20.15 8 | 29 Very Good
    10Y Return % 14.49 13.69
    13.17
    		10.24 | 18.85 7 | 25 Very Good
    15Y Return % 13.80 11.69
    12.40
    		10.49 | 14.21 3 | 17 Very Good
    1Y SIP Return % -13.35
    -16.19
    		-23.06 | -10.73 8 | 40 Very Good
    3Y SIP Return % 1.65
    1.57
    		-8.49 | 7.23 20 | 38 Good
    5Y SIP Return % 7.73
    7.52
    		2.96 | 13.39 15 | 31 Good
    7Y SIP Return % 13.54
    11.65
    		6.72 | 17.66 7 | 29 Very Good
    10Y SIP Return % 13.30
    12.07
    		8.45 | 17.85 9 | 25 Good
    15Y SIP Return % 14.27
    12.94
    		10.78 | 17.81 4 | 19 Very Good
    Standard Deviation 11.47
    12.95
    		9.59 | 19.13 7 | 38 Very Good
    Semi Deviation 8.48
    9.50
    		6.93 | 14.90 8 | 38 Very Good
    Max Drawdown % -16.72
    -17.56
    		-28.24 | -9.56 18 | 38 Good
    VaR 1 Y % -14.25
    -16.62
    		-24.68 | -10.33 9 | 38 Very Good
    Average Drawdown % -5.06
    -5.73
    		-10.61 | -3.44 17 | 38 Good
    Sharpe Ratio 0.85
    0.80
    		0.06 | 1.35 14 | 38 Good
    Sterling Ratio 0.60
    0.61
    		0.18 | 0.94 21 | 38 Average
    Sortino Ratio 0.41
    0.40
    		0.06 | 0.76 15 | 38 Good
    Jensen Alpha % -0.70
    -1.00
    		-12.52 | 5.83 17 | 37 Good
    Treynor Ratio -0.46
    -0.43
    		-0.60 | -0.31 27 | 37 Average
    Modigliani Square Measure % 17.03
    16.41
    		6.57 | 23.81 14 | 37 Good
    Alpha % -0.39
    -1.29
    		-10.64 | 7.62 15 | 37 Good
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -7.81 -8.28 -7.79 -10.11 | -2.05 18 | 41 Good
    3M Return % -12.12 -12.99 -12.41 -14.90 | -7.57 16 | 41 Good
    6M Return % -7.13 -8.82 -9.16 -14.29 | -5.51 6 | 41 Very Good
    1Y Return % 0.84 -0.60 -1.11 -7.44 | 4.04 11 | 41 Very Good
    3Y Return % 13.65 13.85 14.13 5.46 | 21.91 22 | 38 Average
    5Y Return % 14.30 12.03 12.86 7.78 | 17.77 8 | 31 Very Good
    7Y Return % 15.03 12.75 13.55 9.17 | 21.93 8 | 29 Very Good
    10Y Return % 15.81 13.69 14.27 11.23 | 20.17 7 | 26 Very Good
    1Y SIP Return % -12.36 -15.17 -22.16 | -9.80 8 | 41 Very Good
    3Y SIP Return % 2.84 2.75 -7.11 | 8.59 20 | 38 Good
    5Y SIP Return % 9.01 8.80 4.79 | 14.82 15 | 31 Good
    7Y SIP Return % 14.91 12.96 8.67 | 19.45 7 | 29 Very Good
    10Y SIP Return % 14.63 13.20 9.53 | 19.45 7 | 26 Very Good
    Standard Deviation 11.47 12.95 9.59 | 19.13 7 | 38 Very Good
    Semi Deviation 8.48 9.50 6.93 | 14.90 8 | 38 Very Good
    Max Drawdown % -16.72 -17.56 -28.24 | -9.56 18 | 38 Good
    VaR 1 Y % -14.25 -16.62 -24.68 | -10.33 9 | 38 Very Good
    Average Drawdown % -5.06 -5.73 -10.61 | -3.44 17 | 38 Good
    Sharpe Ratio 0.85 0.80 0.06 | 1.35 14 | 38 Good
    Sterling Ratio 0.60 0.61 0.18 | 0.94 21 | 38 Average
    Sortino Ratio 0.41 0.40 0.06 | 0.76 15 | 38 Good
    Jensen Alpha % -0.70 -1.00 -12.52 | 5.83 17 | 37 Good
    Treynor Ratio -0.46 -0.43 -0.60 | -0.31 27 | 37 Average
    Modigliani Square Measure % 17.03 16.41 6.57 | 23.81 14 | 37 Good
    Alpha % -0.39 -1.29 -10.64 | 7.62 15 | 37 Good
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Bandhan Elss Tax Saver Fund NAV Regular Growth Bandhan Elss Tax Saver Fund NAV Direct Growth
    02-04-2026 140.349 162.446
    01-04-2026 140.183 162.248
    30-03-2026 137.75 159.422
    27-03-2026 140.693 162.814
    25-03-2026 143.422 165.963
    24-03-2026 141.108 163.28
    23-03-2026 138.821 160.629
    20-03-2026 143.014 165.465
    19-03-2026 142.354 164.697
    18-03-2026 146.244 169.193
    17-03-2026 145.037 167.791
    16-03-2026 144.554 167.228
    13-03-2026 144.087 166.673
    12-03-2026 147.4 170.5
    11-03-2026 148.107 171.313
    10-03-2026 149.667 173.112
    09-03-2026 148.022 171.204
    06-03-2026 150.525 174.083
    05-03-2026 151.35 175.032
    04-03-2026 149.897 173.347
    02-03-2026 152.377 176.205

    Fund Launch Date: 01/Dec/2008
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equityand equity related securities. There can be no assurance that the investment objective of the scheme will be realised.
    Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
    Fund Benchmark: S&P BSE 200 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.