A set of golf clubs has a detachable shaft portion such that a whole set of clubs can be utilized with a single top shaft element which can be firmly but removably attached to a shortened shaft portion provided with each club head. A carrying bag is provided for the clubs and shaft, this bag having a plurality of tubular receptacles, one for each club or shaft. A row of such receptacles is attached to each of the sides of the bag. The receptacles in each row have successively greater lengths and are arranged to form a stepped configuration so that the clubs will when installed in their receptacles have their heads in different levels in the bag for easy selection. A third row of receptacles are attached to each other and at one end of the row connected by a flexible connector to the rear of the bag so that the entire row will pivot both to facilitate selection of the clubs and to provide a compact assembly for carrying. The receptacles have caps on their ends with resilient finger portions to hold the clubs in a central position therein.