Bandhan Innovation Fund Direct Growth

Bandhan Innovation Fund Direct Growth

Equity

Bandhan Mutual Fund

Equity - Other

Get the latest NAV of Bandhan Innovation Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹12.97

▼-0.2%1D

NAV as on 14 Aug 2025

22.37%/per year

Since Inception

Absolute Gain%

▲▼

1136 people have invested ₹ 71.1L in Bandhan Innovation Fund Direct Growth in the last three months

Bandhan Innovation Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-Aug-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.18%
6.92%
16.66%
10.62%
--
--
Nifty 500
-3.28%
-0.48%
9.92%
0.03%
14.42%
19.74%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
2.43%
11.84%
43.18%
13.99%
32.61%
32.29%
Worst in Equity - Other
-7.6%
-2.68%
-2.33%
-16.05%
7.61%
13.15%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Bandhan Innovation Fund
-
1,682Cr
0.52%
10.62%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund Direct Growth
1/40
29,718Cr
0.61%
5.76%
24.2%
9.01
0.82
1.49
2.94
1.86
ICICI Prudential Business Cycle Fund Direct Growth
2/40
13,479Cr
0.72%
8.86%
23.08%
7.29
0.86
1.31
2.54
1.57
Nippon India Quant Fund Direct Growth
3/40
101Cr
0.41%
2.6%
20.29%
6.44
0.99
1.08
1.91
2.20
See all

Bandhan Innovation Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

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Profit

Total Corpus

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Absolute Return
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Bandhan Innovation Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 98.8%

Debt & Cash 1.2%

Small cap
44.6%
Large cap
34.7%
Mid cap
19.5%
Mid Cap allocation has gone down from 20.1% to 19.5%
Mid Cap allocation has gone down from 20.1% to 19.5%
Large Cap allocation has gone down from 35.4% to 34.7%
Large Cap allocation has gone down from 35.4% to 34.7%
Small Cap allocation has gone up from 42.4% to 44.6%
Small Cap allocation has gone up from 42.4% to 44.6%
Cash allocation has gone down from 1.5% to 1.2%
Cash allocation has gone down from 1.5% to 1.2%

Bandhan Innovation Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 98.8%

Debt & Cash 1.2%

Health
18.7%
Tech
18.4%
Consumer Cyclical
17.8%
Financial Services
11.8%
Industrial
10%
Basic Materials
8.2%
Communication
7.6%
Consumer Defensive
5.5%
Real Estate
1.1%
Utilities
1%

Top 3 Sectors in July were Consumer Cyclical, Tech & Health

Jul'25

Consumer Cyclical

19%

Health

17%

Tech

16%

Jun'25

Consumer Cyclical

18%

Tech

16%

Health

16%

Bandhan Innovation Fund Holdings Details

as on (31-Jul-25)

Equity

Top Stocks bought last month
GE Vernova T&D India Ltd's allocation increased from 1.55% to 2.34%
GE Vernova T&D India Ltd's allocation increased from 1.55% to 2.34%
Eternal Ltd's allocation increased from 4.24% to 5.02%
Eternal Ltd's allocation increased from 4.24% to 5.02%
One97 Communications Ltd's allocation increased from 3.83% to 4.61%
One97 Communications Ltd's allocation increased from 3.83% to 4.61%
Top Stocks sold last month
Jubilant Ingrevia Ltd Ordinary Shares's allocation decreased from 3.37 % to 3.31 %
Jubilant Ingrevia Ltd Ordinary Shares's allocation decreased from 3.37 % to 3.31 %
Bajaj Finserv Ltd's allocation decreased from 2.8 % to 2.58 %
Bajaj Finserv Ltd's allocation decreased from 2.8 % to 2.58 %
Coforge Ltd's allocation decreased from 2.72 % to 2.38 %
Coforge Ltd's allocation decreased from 2.72 % to 2.38 %

Bandhan Innovation Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.52%
Benchmark
Nifty 500 TR INR
AUM₹1682 Cr
Inception Date30 April, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
95.62%
Risk
Risk meter
pointer
Very High Risk

About Bandhan Innovation Fund

Bandhan Innovation Fund Direct Growth is an equity fund. This fund was started on 30 April, 2024. The fund is managed by Ritika Behera, Manish Gunwani, Gaurav Satra, Prateek Poddar, Brijesh Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Innovation Fund Direct Growth has ₹1682 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Bandhan Innovation Fund Direct Growth has given a CAGR return of 22.37% since inception. Over the last 1 year the fund has given a CAGR return of 10.62%.

Holdings

Bandhan Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Tech, Financial Services, Industrial, Basic Materials, Consumer Defensive, Communication, Real Estate, Energy, Utilities. Its top holdings are Eternal Ltd, One97 Communications Ltd, AstraZeneca Pharma India Ltd, Jubilant Ingrevia Ltd Ordinary Shares, Varun Beverages Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Bandhan Innovation Fund Direct Growth

The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Innovation Fund Direct Growth has no lock in period.

Fund Manager

Ritika Behera

Fund Manager of Bandhan Innovation Fund Direct Growth, since 30 April 2024

Manish Gunwani

Fund Manager of Bandhan Innovation Fund Direct Growth, since 30 April 2024

Gaurav Satra

Fund Manager of Bandhan Innovation Fund Direct Growth, since 7 June 2024

Prateek Poddar

Fund Manager of Bandhan Innovation Fund Direct Growth, since 7 June 2024

Brijesh Shah

Fund Manager of Bandhan Innovation Fund Direct Growth, since 30 April 2024

Learn more about Bandhan Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 1.7K Cr
₹ 1.6K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.7K Cr as of Jul'25
  • AUM increased by 71.1 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Bandhan Innovation Fund Direct Growth

How do I invest in Bandhan Innovation Fund?

INDmoney makes it simple to invest in the Bandhan Innovation Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Bandhan Innovation Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Bandhan Innovation Fund?

The NAV of the fund today is ₹12.97. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Bandhan Innovation Fund fund has generated a return of 10.62% in 1 year

Who is the fund manager of Bandhan Innovation Fund?

The fund managers are Ritika Behera, Manish Gunwani, Gaurav Satra, Prateek Poddar, Brijesh Shah.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.52%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1682 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Bandhan Innovation Fund?

The top 3 holdings of the fund are Eternal Ltd(5.02%), One97 Communications Ltd(4.61%), AstraZeneca Pharma India Ltd(3.92%)