Bandhan Small Cap Fund Adds 12 Stocks and Exits Eight in September

Key Takeaways

• Bandhan Small Cap Fund added 12 stocks and exited eight during September, taking the total number of portfolio holdings to 261. 
• The scheme's portfolio stood at ₹35,856 crore, while estimated September inflows were about ₹2,191 crore. 
• Small-cap stocks accounted for 68.36% of the portfolio and cash and cash equivalents stood at 12.98%. 

Bandhan Small Cap Fund reshuffled its portfolio in September 2026, adding 12 companies and completely exiting eight while continuing to receive sizeable investor inflows. 

The portfolio stood at approximately ₹35,856 crore at the end of the month, while estimated September inflows were ₹2,191 crore, broadly similar to ₹2,187 crore in August. 

The scheme ended September with 261 stocks, compared with 258 a month earlier. 

New portfolio entries included Elevate Campuses, Clean Max Enviro Energy Solutions, Viyash Scientific, Asset Reconstruction Company (India), JM Financial and Reliance Industries, among others. 

Eight stocks that had carried positive portfolio weights in August were absent from the September holdings. These included Syrma SGS Technology, Steel Strips Wheels, Artemis Medicare Services, Torrent Pharmaceuticals and Jyoti CNC Automation. 

Small-cap companies continued to form the bulk of the scheme, accounting for 68.36% of the portfolio. Mid-cap stocks represented 9.67%, while large-cap holdings accounted for 6.71%. 

Cash and cash equivalents stood at 12.98%, slightly lower than 13.32% in August. 

Sobha was the largest individual stock holding at 2.30%, followed by REC at 2.13%, Cholamandalam Financial Holdings at 1.90%, LT Foods at 1.81% and State Bank of India at 1.75%. 

The top 10 holdings represented 17.36% of the portfolio, down from 17.87% a month earlier, indicating a slight reduction in concentration. 

Portfolio weights can change both because fund managers buy or sell securities and because stock prices move during the month. Consequently, a higher or lower portfolio weight does not always directly correspond to a purchase or sale. 

The September data nevertheless shows an active month of portfolio changes for Bandhan Small Cap Fund, with new entries and complete exits taking place while the overall portfolio remained widely diversified across more than 250 stocks.