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Fund Overview

Fund Size

Fund Size

₹1,387 Cr

Expense Ratio

Expense Ratio

0.67%

ISIN

ISIN

INF194KB1IE2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

30 Apr 2024

About this fund

This fund has been in existence for 11 months and 20 days, having been launched on 30-Apr-24.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹11.75, Assets Under Management (AUM) of 1387.32 Crores, and an expense ratio of 0.67%.
  • Bandhan Innovation Fund Direct Growth has given a CAGR return of 17.52% since inception.
  • The fund's asset allocation comprises around 96.50% in equities, 0.00% in debts, and 3.50% in cash & cash equivalents.
  • You can start investing in Bandhan Innovation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+17.52%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity1,338.77 Cr96.50%
Others48.55 Cr3.50%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
AstraZeneca Pharma India LtdEquity56 Cr4.04%
Triparty Repo Trp_020425Cash - Repurchase Agreement55.95 Cr4.03%
Eternal LtdEquity49.85 Cr3.59%
Bajaj Finserv LtdEquity49.47 Cr3.57%
One97 Communications LtdEquity49.22 Cr3.55%
ICICI Bank LtdEquity45.04 Cr3.25%
Varun Beverages LtdEquity44.8 Cr3.23%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity43.42 Cr3.13%
Cholamandalam Investment and Finance Co LtdEquity43.03 Cr3.10%
Coforge LtdEquity35.35 Cr2.55%
Amber Enterprises India Ltd Ordinary SharesEquity31.02 Cr2.24%
Jubilant Ingrevia Ltd Ordinary SharesEquity30.75 Cr2.22%
Zinka Logistics Solutions LtdEquity30.63 Cr2.21%
Syngene International LtdEquity29.86 Cr2.15%
Mahindra & Mahindra LtdEquity27.09 Cr1.95%
Adani Energy Solutions LtdEquity26.39 Cr1.90%
Lupin LtdEquity24.98 Cr1.80%
Medplus Health Services LtdEquity23.91 Cr1.72%
Tata Consultancy Services LtdEquity23.62 Cr1.70%
Affle India LtdEquity21.44 Cr1.55%
InterGlobe Aviation LtdEquity20.27 Cr1.46%
Zaggle Prepaid Ocean Services LtdEquity19.95 Cr1.44%
Stove Kraft Ltd Ordinary SharesEquity19.53 Cr1.41%
Divi's Laboratories LtdEquity18.88 Cr1.36%
Prudent Corporate Advisory Services LtdEquity18.53 Cr1.34%
Praj Industries LtdEquity17.15 Cr1.24%
Jubilant Foodworks LtdEquity17.03 Cr1.23%
CG Power & Industrial Solutions LtdEquity16.92 Cr1.22%
Max Financial Services LtdEquity16.5 Cr1.19%
Aster DM Healthcare Ltd Ordinary SharesEquity15.95 Cr1.15%
Shilpa Medicare LtdEquity15.93 Cr1.15%
Poonawalla Fincorp LtdEquity15.66 Cr1.13%
Ethos LtdEquity15.3 Cr1.10%
Jubilant Pharmova LtdEquity15.03 Cr1.08%
Tech Mahindra LtdEquity14.61 Cr1.05%
Neuland Laboratories LimitedEquity14.45 Cr1.04%
Glenmark Pharmaceuticals LtdEquity14.43 Cr1.04%
Godawari Power & Ispat LtdEquity14.42 Cr1.04%
Ambuja Cements LtdEquity14.3 Cr1.03%
Vedanta LtdEquity14.23 Cr1.03%
Info Edge (India) LtdEquity13.89 Cr1.00%
Grasim Industries LtdEquity13.79 Cr0.99%
Protean eGov Technologies LtdEquity13.56 Cr0.98%
Sona BLW Precision Forgings LtdEquity13.49 Cr0.97%
Tata Communications LtdEquity13.4 Cr0.97%
Vedant Fashions LtdEquity13.16 Cr0.95%
Saregama India LtdEquity13.16 Cr0.95%
Sobha LtdEquity12.95 Cr0.93%
Thangamayil Jewellery LtdEquity12.88 Cr0.93%
Power Mech Projects LtdEquity12.71 Cr0.92%
Bajaj Auto LtdEquity12.01 Cr0.87%
Vintage Coffee & Beverages LtdEquity12 Cr0.87%
Suraksha Diagnostic LtdEquity11.64 Cr0.84%
Tega Industries LtdEquity11.3 Cr0.81%
3M India LtdEquity10.92 Cr0.79%
Devyani International LtdEquity10.69 Cr0.77%
Whirlpool of India LtdEquity10.33 Cr0.74%
Aditya Birla Real Estate LtdEquity10.32 Cr0.74%
Tilaknagar Industries LtdEquity10.28 Cr0.74%
E2E Networks Ltd Ordinary SharesEquity10.14 Cr0.73%
ICICI Lombard General Insurance Co LtdEquity10.02 Cr0.72%
GE Vernova T&D India LtdEquity10.01 Cr0.72%
Rashi Peripherals LtdEquity8.75 Cr0.63%
Net Current AssetsCash-7.71 Cr0.56%
UPL Ltd Ordinary Shares (Partly Paid Rs.1)Equity7.16 Cr0.52%
Electronics Mart India LtdEquity6.98 Cr0.50%
Bharat Electronics LtdEquity6.84 Cr0.49%
Tube Investments of India Ltd Ordinary SharesEquity6.26 Cr0.45%
ZF Commercial Vehicle Control Systems India LtdEquity6.17 Cr0.44%
KRN Heat Exchanger and Refrigeration LtdEquity6.07 Cr0.44%
Optiemus Infracom LtdEquity5.76 Cr0.42%
Happiest Minds Technologies Ltd Ordinary SharesEquity3.7 Cr0.27%
Yatharth Hospital and Trauma Care Services LtdEquity3.5 Cr0.25%
Cash Margin - CcilCash - Repurchase Agreement0.31 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

35.93%

Mid Cap Stocks

18.64%

Small Cap Stocks

40.89%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical245.53 Cr17.70%
Healthcare230.12 Cr16.59%
Technology221.35 Cr15.96%
Financial Services198.24 Cr14.29%
Industrials112.38 Cr8.10%
Communication Services105.31 Cr7.59%
Basic Materials104.97 Cr7.57%
Consumer Defensive67.08 Cr4.84%
Utilities26.39 Cr1.90%
Real Estate12.95 Cr0.93%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since April 2024

BS

Brijesh Shah

Since April 2024

PP

Prateek Poddar

Since June 2024

RB

Ritika Behera

Since April 2024

GS

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st March 2025

ISIN
INF194KB1IE2
Expense Ratio
0.67%
Exit Load
No Charges
Fund Size
₹1,387 Cr
Age
11 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TRI

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Nifty Capital Market ETF

Very High Risk

0.3%-₹5.38 Cr-
Mirae Asset BSE Select IPO ETF

Very High Risk

--₹14.61 Cr-
Motilal Oswal Active Momentum Fund Direct Growth

Very High Risk

2.6%1.0%₹46.20 Cr-
Motilal Oswal Active Momentum Fund Regular Growth

Very High Risk

2.7%1.0%₹46.20 Cr-
Nippon India Active Momentum Fund Regular Growth

Very High Risk

-1.0%₹130.97 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

-1.0%₹130.97 Cr-
Groww Nifty 200 ETF

Very High Risk

0.3%-₹13.49 Cr-
Invesco India Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹267.72 Cr-
Invesco India Business Cycle Fund Regular Growth

Very High Risk

2.3%0.0%₹267.72 Cr-
Kotak MSCI India ETF

Very High Risk

0.4%-₹1018.03 Cr-

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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Still got questions?
We're here to help.

The NAV of Bandhan Innovation Fund Direct Growth, as of 17-Apr-2025, is ₹11.75.
The fund's allocation of assets is distributed as 96.50% in equities, 0.00% in bonds, and 3.50% in cash and cash equivalents.
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
  1. Manish Gunwani
  2. Brijesh Shah
  3. Prateek Poddar
  4. Ritika Behera
  5. Gaurav Satra

Fund Overview

Fund Size

Fund Size

₹1,387 Cr

Expense Ratio

Expense Ratio

0.67%

ISIN

ISIN

INF194KB1IE2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

30 Apr 2024

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

About this fund

This fund has been in existence for 11 months and 20 days, having been launched on 30-Apr-24.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹11.75, Assets Under Management (AUM) of 1387.32 Crores, and an expense ratio of 0.67%.
  • Bandhan Innovation Fund Direct Growth has given a CAGR return of 17.52% since inception.
  • The fund's asset allocation comprises around 96.50% in equities, 0.00% in debts, and 3.50% in cash & cash equivalents.
  • You can start investing in Bandhan Innovation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+17.52%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity1,338.77 Cr96.50%
Others48.55 Cr3.50%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
AstraZeneca Pharma India LtdEquity56 Cr4.04%
Triparty Repo Trp_020425Cash - Repurchase Agreement55.95 Cr4.03%
Eternal LtdEquity49.85 Cr3.59%
Bajaj Finserv LtdEquity49.47 Cr3.57%
One97 Communications LtdEquity49.22 Cr3.55%
ICICI Bank LtdEquity45.04 Cr3.25%
Varun Beverages LtdEquity44.8 Cr3.23%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity43.42 Cr3.13%
Cholamandalam Investment and Finance Co LtdEquity43.03 Cr3.10%
Coforge LtdEquity35.35 Cr2.55%
Amber Enterprises India Ltd Ordinary SharesEquity31.02 Cr2.24%
Jubilant Ingrevia Ltd Ordinary SharesEquity30.75 Cr2.22%
Zinka Logistics Solutions LtdEquity30.63 Cr2.21%
Syngene International LtdEquity29.86 Cr2.15%
Mahindra & Mahindra LtdEquity27.09 Cr1.95%
Adani Energy Solutions LtdEquity26.39 Cr1.90%
Lupin LtdEquity24.98 Cr1.80%
Medplus Health Services LtdEquity23.91 Cr1.72%
Tata Consultancy Services LtdEquity23.62 Cr1.70%
Affle India LtdEquity21.44 Cr1.55%
InterGlobe Aviation LtdEquity20.27 Cr1.46%
Zaggle Prepaid Ocean Services LtdEquity19.95 Cr1.44%
Stove Kraft Ltd Ordinary SharesEquity19.53 Cr1.41%
Divi's Laboratories LtdEquity18.88 Cr1.36%
Prudent Corporate Advisory Services LtdEquity18.53 Cr1.34%
Praj Industries LtdEquity17.15 Cr1.24%
Jubilant Foodworks LtdEquity17.03 Cr1.23%
CG Power & Industrial Solutions LtdEquity16.92 Cr1.22%
Max Financial Services LtdEquity16.5 Cr1.19%
Aster DM Healthcare Ltd Ordinary SharesEquity15.95 Cr1.15%
Shilpa Medicare LtdEquity15.93 Cr1.15%
Poonawalla Fincorp LtdEquity15.66 Cr1.13%
Ethos LtdEquity15.3 Cr1.10%
Jubilant Pharmova LtdEquity15.03 Cr1.08%
Tech Mahindra LtdEquity14.61 Cr1.05%
Neuland Laboratories LimitedEquity14.45 Cr1.04%
Glenmark Pharmaceuticals LtdEquity14.43 Cr1.04%
Godawari Power & Ispat LtdEquity14.42 Cr1.04%
Ambuja Cements LtdEquity14.3 Cr1.03%
Vedanta LtdEquity14.23 Cr1.03%
Info Edge (India) LtdEquity13.89 Cr1.00%
Grasim Industries LtdEquity13.79 Cr0.99%
Protean eGov Technologies LtdEquity13.56 Cr0.98%
Sona BLW Precision Forgings LtdEquity13.49 Cr0.97%
Tata Communications LtdEquity13.4 Cr0.97%
Vedant Fashions LtdEquity13.16 Cr0.95%
Saregama India LtdEquity13.16 Cr0.95%
Sobha LtdEquity12.95 Cr0.93%
Thangamayil Jewellery LtdEquity12.88 Cr0.93%
Power Mech Projects LtdEquity12.71 Cr0.92%
Bajaj Auto LtdEquity12.01 Cr0.87%
Vintage Coffee & Beverages LtdEquity12 Cr0.87%
Suraksha Diagnostic LtdEquity11.64 Cr0.84%
Tega Industries LtdEquity11.3 Cr0.81%
3M India LtdEquity10.92 Cr0.79%
Devyani International LtdEquity10.69 Cr0.77%
Whirlpool of India LtdEquity10.33 Cr0.74%
Aditya Birla Real Estate LtdEquity10.32 Cr0.74%
Tilaknagar Industries LtdEquity10.28 Cr0.74%
E2E Networks Ltd Ordinary SharesEquity10.14 Cr0.73%
ICICI Lombard General Insurance Co LtdEquity10.02 Cr0.72%
GE Vernova T&D India LtdEquity10.01 Cr0.72%
Rashi Peripherals LtdEquity8.75 Cr0.63%
Net Current AssetsCash-7.71 Cr0.56%
UPL Ltd Ordinary Shares (Partly Paid Rs.1)Equity7.16 Cr0.52%
Electronics Mart India LtdEquity6.98 Cr0.50%
Bharat Electronics LtdEquity6.84 Cr0.49%
Tube Investments of India Ltd Ordinary SharesEquity6.26 Cr0.45%
ZF Commercial Vehicle Control Systems India LtdEquity6.17 Cr0.44%
KRN Heat Exchanger and Refrigeration LtdEquity6.07 Cr0.44%
Optiemus Infracom LtdEquity5.76 Cr0.42%
Happiest Minds Technologies Ltd Ordinary SharesEquity3.7 Cr0.27%
Yatharth Hospital and Trauma Care Services LtdEquity3.5 Cr0.25%
Cash Margin - CcilCash - Repurchase Agreement0.31 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

35.93%

Mid Cap Stocks

18.64%

Small Cap Stocks

40.89%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical245.53 Cr17.70%
Healthcare230.12 Cr16.59%
Technology221.35 Cr15.96%
Financial Services198.24 Cr14.29%
Industrials112.38 Cr8.10%
Communication Services105.31 Cr7.59%
Basic Materials104.97 Cr7.57%
Consumer Defensive67.08 Cr4.84%
Utilities26.39 Cr1.90%
Real Estate12.95 Cr0.93%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since April 2024

BS

Brijesh Shah

Since April 2024

PP

Prateek Poddar

Since June 2024

RB

Ritika Behera

Since April 2024

GS

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st March 2025

ISIN
INF194KB1IE2
Expense Ratio
0.67%
Exit Load
No Charges
Fund Size
₹1,387 Cr
Age
11 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TRI

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Nifty Capital Market ETF

Very High Risk

0.3%-₹5.38 Cr-
Mirae Asset BSE Select IPO ETF

Very High Risk

--₹14.61 Cr-
Motilal Oswal Active Momentum Fund Direct Growth

Very High Risk

2.6%1.0%₹46.20 Cr-
Motilal Oswal Active Momentum Fund Regular Growth

Very High Risk

2.7%1.0%₹46.20 Cr-
Nippon India Active Momentum Fund Regular Growth

Very High Risk

-1.0%₹130.97 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

-1.0%₹130.97 Cr-
Groww Nifty 200 ETF

Very High Risk

0.3%-₹13.49 Cr-
Invesco India Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹267.72 Cr-
Invesco India Business Cycle Fund Regular Growth

Very High Risk

2.3%0.0%₹267.72 Cr-
Kotak MSCI India ETF

Very High Risk

0.4%-₹1018.03 Cr-

Still got questions?
We're here to help.

The NAV of Bandhan Innovation Fund Direct Growth, as of 17-Apr-2025, is ₹11.75.
The fund's allocation of assets is distributed as 96.50% in equities, 0.00% in bonds, and 3.50% in cash and cash equivalents.
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
  1. Manish Gunwani
  2. Brijesh Shah
  3. Prateek Poddar
  4. Ritika Behera
  5. Gaurav Satra
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