Equity
Direct
Equity - Other
NAV as on 07-11-2024
₹ 12.66
▲2%
1D
Inception Returns
27.7%
/yr
Bandhan Innovation Fund Direct Growth is an equity fund. This fund was started on 30 April, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Bandhan Innovation Fund Direct Growth has given a CAGR return of 27.67% since inception.
Bandhan Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Consumer Cyclical, Financial Services, Industrial, Tech, Basic Materials, Communication, Consumer Defensive, Utilities, Energy, Real Estate. Its top holdings are AstraZeneca Pharma India Ltd, Zomato Ltd, Bajaj Finance Ltd, Bharti Airtel Ltd (Partly Paid Rs.1.25), Info Edge (India) Ltd
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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.
Expense ratio | 0.55% |
Benchmark | Nifty 500 TRI |
AUM | ₹1252 Cr |
Inception Date | 30 April, 2024 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Redeeming 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 |
as on (07-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Consumer Cyclical, Health & Industrial
Bandhan Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.82% | 0.82% |
6 Month Returns | 27.9% | 27.9% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |