Bandhan Innovation Fund Direct Growth
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.
₹12.01
NAV as on 13 May 2025
19.4%/per year
Since Inception
▲▼
789 people have invested ₹ 32.8L 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 (13-May-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Bandhan Innovation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bandhan Innovation Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 98.9%
Debt & Cash 1.1%
Bandhan Innovation Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 98.9%
Debt & Cash 1.1%
Top 3 Sectors in March were Consumer Cyclical, Tech & Health
Consumer Cyclical
19%
Health
17%
Tech
17%
Consumer Cyclical
20%
Tech
19%
Health
18%
Bandhan Innovation Fund Holdings Details
as on (30-Apr-25)
Equity
Bandhan Innovation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.67% |
Benchmark | Nifty 500 TRI |
| AUM | ₹1387 Cr |
| Inception Date | 30 April, 2024 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   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 Prateek Poddar, Manish Gunwani. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Innovation Fund Direct Growth has ₹1387 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Bandhan Innovation Fund Direct Growth has given a CAGR return of 19.40% since inception. Over the last 1 year the fund has given a CAGR return of 21.85%.
Holdings
Bandhan Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Tech, Financial Services, Industrial, Communication, Basic Materials, Consumer Defensive, Real Estate, Utilities, Energy. Its top holdings are Eternal Ltd, AstraZeneca Pharma India Ltd, One97 Communications Ltd, ICICI Bank Ltd, Bajaj Finserv 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 benefitDividends 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
Prateek Poddar
Fund Manager of Bandhan Innovation Fund Direct Growth, since 7 June 2024
Manish Gunwani
Fund Manager of Bandhan Innovation Fund Direct Growth, since 30 April 2024
- AUM of the fund stands at 1.4K Cr as of Mar'25
- AUM increased by 132.4 Cr between Mar'25 and Feb'25
More funds from Bandhan
5Y CAGR
▲ 38.63
5Y CAGR
▲ 38.12
5Y CAGR
▲ 31.13
3Y CAGR
▲ 22.83
3Y CAGR
▲ 22.81
Frequently Asked Questions for Bandhan Innovation Fund Direct Growth
What is the current NAV of Bandhan Innovation Fund Direct Growth?
What are the average returns of Bandhan Innovation Fund Direct Growth?
Bandhan Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.26% | 6.26% |
6 Month Returns | -0.24% | -0.24% |
1 Year Returns | 21.85% | 21.85% |
3 Years Returns | 0% | 0% |
How do I invest in Bandhan Innovation Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Bandhan Innovation Fund Direct Growth?
What is net assets under management (AUM) of Bandhan Innovation Fund Direct Growth?
What are the top 5 holdings of Bandhan Innovation Fund Direct Growth?
What are the top 3 sectors that this Bandhan Innovation Fund Direct Growth has invested in?
What is the alpha of Bandhan Innovation Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
What is the beta of Bandhan Innovation Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
What is the sharpe ratio of Bandhan Innovation Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Innovation Fund Direct Growth | 0.55 | - | - |
What is the standard deviation of Bandhan Innovation Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Innovation Fund Direct Growth | 22.14 | - | - |