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Bandhan Innovation Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Nov-24)
₹12.09-0.83%1D
Returns (Since Inception)
20.89%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,285 Cr
Expense Ratio
0.58%
ISIN
INF194KB1IE2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
30 Apr 2024
About this fund
This fund has been in existence for 6 months and 23 days, having been launched on 30-Apr-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹12.09, Assets Under Management (AUM) of 1285.47 Crores, and an expense ratio of 0.58%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹12.09, Assets Under Management (AUM) of 1285.47 Crores, and an expense ratio of 0.58%.
- Bandhan Innovation Fund Direct Growth has given a CAGR return of 20.89% since inception.
- The fund's asset allocation comprises around 98.20% in equities, 0.00% in debts, and 1.80% 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
+20.89%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,262.36 Cr | 98.20% |
| Others | ₹23.11 Cr | 1.80% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| AstraZeneca Pharma India Ltd | Equity | ₹48.49 Cr | 3.77% |
| Zomato Ltd | Equity | ₹37.93 Cr | 2.95% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹36.41 Cr | 2.83% |
| Bajaj Finance Ltd | Equity | ₹35.84 Cr | 2.79% |
| Varun Beverages Ltd | Equity | ₹33.8 Cr | 2.63% |
| Info Edge (India) Ltd | Equity | ₹32.16 Cr | 2.50% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹30.67 Cr | 2.39% |
| One97 Communications Ltd | Equity | ₹30.41 Cr | 2.37% |
| Syngene International Ltd | Equity | ₹29.43 Cr | 2.29% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹28.53 Cr | 2.22% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹25.39 Cr | 1.97% |
| Triparty Repo Trp_041124 | Cash - Repurchase Agreement | ₹25.34 Cr | 1.97% |
| Coforge Ltd | Equity | ₹23.35 Cr | 1.82% |
| Praj Industries Ltd | Equity | ₹22.4 Cr | 1.74% |
| InterGlobe Aviation Ltd | Equity | ₹22.22 Cr | 1.73% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹22.16 Cr | 1.72% |
| ICICI Bank Ltd | Equity | ₹21.28 Cr | 1.66% |
| Stove Kraft Ltd Ordinary Shares | Equity | ₹21.21 Cr | 1.65% |
| Yatharth Hospital and Trauma Care Services Ltd | Equity | ₹20.66 Cr | 1.61% |
| Persistent Systems Ltd | Equity | ₹20.44 Cr | 1.59% |
| Lupin Ltd | Equity | ₹19.95 Cr | 1.55% |
| Vedant Fashions Ltd | Equity | ₹19.1 Cr | 1.49% |
| Piramal Pharma Ltd | Equity | ₹19.04 Cr | 1.48% |
| Reliance Industries Ltd | Equity | ₹18.65 Cr | 1.45% |
| Adani Energy Solutions Ltd | Equity | ₹18.11 Cr | 1.41% |
| Protean eGov Technologies Ltd | Equity | ₹18.04 Cr | 1.40% |
| Shilpa Medicare Ltd | Equity | ₹17.07 Cr | 1.33% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹16.68 Cr | 1.30% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹16.28 Cr | 1.27% |
| Affle India Ltd | Equity | ₹16.02 Cr | 1.25% |
| HCL Technologies Ltd | Equity | ₹15.85 Cr | 1.23% |
| Rashi Peripherals Ltd | Equity | ₹15.05 Cr | 1.17% |
| Godawari Power & Ispat Ltd | Equity | ₹14.65 Cr | 1.14% |
| Jubilant Pharmova Ltd | Equity | ₹14.6 Cr | 1.14% |
| CG Power & Industrial Solutions Ltd | Equity | ₹14.54 Cr | 1.13% |
| Sona BLW Precision Forgings Ltd | Equity | ₹14.01 Cr | 1.09% |
| Max Financial Services Ltd | Equity | ₹13.97 Cr | 1.09% |
| Siemens Ltd | Equity | ₹13.95 Cr | 1.09% |
| 3M India Ltd | Equity | ₹13.93 Cr | 1.08% |
| Vedanta Ltd | Equity | ₹13.68 Cr | 1.06% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹13.66 Cr | 1.06% |
| Indigo Paints Ltd Ordinary Shares | Equity | ₹13.62 Cr | 1.06% |
| Ethos Ltd | Equity | ₹13.46 Cr | 1.05% |
| GE Vernova T&D India Ltd | Equity | ₹13.24 Cr | 1.03% |
| Neuland Laboratories Limited | Equity | ₹13.18 Cr | 1.03% |
| Vintage Coffee & Beverages Ltd | Equity | ₹13.03 Cr | 1.01% |
| Medplus Health Services Ltd | Equity | ₹12.99 Cr | 1.01% |
| NTPC Ltd | Equity | ₹12.91 Cr | 1.00% |
| Power Mech Projects Ltd | Equity | ₹12.74 Cr | 0.99% |
| Saregama India Ltd | Equity | ₹12.39 Cr | 0.96% |
| Thangamayil Jewellery Ltd | Equity | ₹12.34 Cr | 0.96% |
| Electronics Mart India Ltd | Equity | ₹12.15 Cr | 0.94% |
| Bajaj Auto Ltd | Equity | ₹11.82 Cr | 0.92% |
| REC Ltd | Equity | ₹11.78 Cr | 0.92% |
| Sobha Ltd | Equity | ₹11.78 Cr | 0.92% |
| Polycab India Ltd | Equity | ₹11.66 Cr | 0.91% |
| Tilaknagar Industries Ltd | Equity | ₹11.58 Cr | 0.90% |
| PCBL Chemical Ltd | Equity | ₹11.34 Cr | 0.88% |
| Angel One Ltd Ordinary Shares | Equity | ₹11.23 Cr | 0.87% |
| KRN Heat Exchanger and Refrigeration Ltd | Equity | ₹11.22 Cr | 0.87% |
| Sapphire Foods India Ltd | Equity | ₹11.21 Cr | 0.87% |
| JM Financial Ltd | Equity | ₹11.18 Cr | 0.87% |
| Tata Motors Ltd | Equity | ₹10.92 Cr | 0.85% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹10.72 Cr | 0.83% |
| Titan Co Ltd | Equity | ₹9.49 Cr | 0.74% |
| Zen Technologies Ltd | Equity | ₹9.48 Cr | 0.74% |
| Centum Electronics Ltd | Equity | ₹9.43 Cr | 0.73% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹9.12 Cr | 0.71% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹8.88 Cr | 0.69% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹8.79 Cr | 0.68% |
| Bharat Electronics Ltd | Equity | ₹8.47 Cr | 0.66% |
| Devyani International Ltd | Equity | ₹8.1 Cr | 0.63% |
| Honeywell Automation India Ltd | Equity | ₹7.82 Cr | 0.61% |
| Aditya Birla Real Estate Ltd | Equity | ₹6.6 Cr | 0.51% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹6.57 Cr | 0.51% |
| Tega Industries Ltd | Equity | ₹5.59 Cr | 0.44% |
| Net Receivables/Payables | Cash - Collateral | ₹-4.52 Cr | 0.35% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹3.83 Cr | 0.30% |
| Signatureglobal (India) Ltd | Equity | ₹2.13 Cr | 0.17% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 0.16% |
| Cash / Bank Balance | Cash - Collateral | ₹0.16 Cr | 0.01% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0.14 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
28.70%
Mid Cap Stocks
21.95%
Small Cap Stocks
45.65%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Healthcare | ₹243.64 Cr | 18.95% |
| Consumer Cyclical | ₹204.99 Cr | 15.95% |
| Financial Services | ₹178.51 Cr | 13.89% |
| Industrials | ₹156.03 Cr | 12.14% |
| Technology | ₹152.91 Cr | 11.90% |
| Communication Services | ₹96.97 Cr | 7.54% |
| Basic Materials | ₹94.14 Cr | 7.32% |
| Consumer Defensive | ₹58.41 Cr | 4.54% |
| Utilities | ₹31.02 Cr | 2.41% |
| Energy | ₹18.65 Cr | 1.45% |
| Real Estate | ₹13.9 Cr | 1.08% |
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
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 October 2024
ISIN INF194KB1IE2 | Expense Ratio 0.58% | Exit Load No Charges | Fund Size ₹1,285 Cr | Age 6 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TRI |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹219.26 Cr | 16.2% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹219.26 Cr | 15.8% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹541.38 Cr | 31.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹541.38 Cr | 29.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2975.33 Cr | 37.4% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2975.33 Cr | 35.8% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹342.57 Cr | 34.8% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.40 Cr | 23.8% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Bandhan Innovation Fund Direct Growth?
The NAV of Bandhan Innovation Fund Direct Growth, as of 21-Nov-2024, is ₹12.09.
What is the portfolio composition of Bandhan Innovation Fund Direct Growth?
The fund's allocation of assets is distributed as 98.20% in equities, 0.00% in bonds, and 1.80% in cash and cash equivalents.
Who manages the Bandhan Innovation Fund Direct Growth?
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
- Manish Gunwani
- Brijesh Shah
- Prateek Poddar
- Ritika Behera
- Gaurav Satra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.