Step 1:
Pañcamahābhutas are the five great physical elements.
Step 2:
The five elements are:
\[
Pṛthivī,\; Jala,\; Tejas,\; Vāyu,\; Ākāśa
\]
Step 3:
Ātman is consciousness or self, not a Mahābhuta.
Step 4:
Hence, the correct set is:
\[
A,\; B,\; D,\; E
\]
Therefore, the correct answer is:
\[
\boxed{\text{(2) A, B, D, E Only}}
\]