Bandhan Innovation Fund

Bandhan Innovation Fund

Equity

Bandhan Mutual Fund

Equity - Other

Get the latest NAV of Bandhan Innovation Fund. 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.

₹13.76

▲0.6%1D

NAV as on 04 May 2026

17.21%/per year

Since Inception

Absolute Gain%

▲▼

862 people have invested ₹ 2.5Cr in Bandhan Innovation Fund in the last three months

Bandhan Innovation Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (04-May-26)

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

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
12.18%
2.9%
-1.14%
17.19%
--
--
Nifty 500
9.04%
-2.99%
-3.57%
3.75%
14.01%
13.17%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
13.68%
4.35%
0.08%
--
--
--
Worst in Equity - Other
0.71%
-3.64%
0.08%
--
--
--

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
-
1,800Cr
0.66%
17.19%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/48
32,925Cr
0.67%
4.76%
21.74%
7.12
0.82
1.10
1.76
1.35
ICICI Prudential Business Cycle Fund
2/48
14,359Cr
0.75%
7.36%
21.42%
6.03
0.90
0.98
1.55
1.39
Nippon India Quant Fund
3/48
100Cr
0.53%
5.78%
18.46%
3.88
0.98
0.79
1.22
1.23
See all

Bandhan Innovation Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Bandhan Innovation Fund Asset Allocation

See fund asset allocation details as on (13-Apr-26)

Fund Distribution

as on (13-Apr-26)

Large cap
36.9%
Small cap
36.2%
Mid cap
22.3%
Mid Cap allocation has gone up from 21.3% to 22.3%
Mid Cap allocation has gone up from 21.3% to 22.3%
Large Cap allocation has gone up from 36.2% to 36.9%
Large Cap allocation has gone up from 36.2% to 36.9%
Small Cap allocation has gone down from 37% to 36.2%
Small Cap allocation has gone down from 37% to 36.2%
Cash allocation has gone down from 4.6% to 3.6%
Cash allocation has gone down from 4.6% to 3.6%

Bandhan Innovation Fund Sector Allocation

See fund sector allocation details as on (13-Apr-26)

Sector Allocation

Consumer Cyclical
21.8%
Tech
16.8%
Health
15.4%
Financial Services
13.4%
Industrial
10%
Consumer Defensive
5.6%
Communication
5.2%
Basic Materials
4.9%
Real Estate
3%
Energy
2.4%
Utilities
1.5%

Top 3 Sectors in March were Consumer Cyclical, Health & Financial Services

Mar'26

Consumer Cyclical

23%

Tech

15%

Financial Services

15%

Feb'26

Consumer Cyclical

23%

Health

16%

Financial Services

15%

Bandhan Innovation Fund Holdings Details

as on (30-Apr-26)

Holdings
Weight%
1M Change
Eternal Ltd
5.77%
15%
One97 Communications Ltd
4.31%
20.1%
ICICI Bank Ltd
3.85%
-1.1%
AstraZeneca Pharma India Ltd
3.85%
1.4%
Bajaj Finserv Ltd
3.46%
16%
See all
Top Stocks bought last month
Eternal Ltd's allocation increased from 4.87% to 5.77%
Eternal Ltd's allocation increased from 4.87% to 5.77%
NTPC Ltd's allocation increased from 0.59% to 1.32%
NTPC Ltd's allocation increased from 0.59% to 1.32%
One97 Communications Ltd's allocation increased from 3.71% to 4.31%
One97 Communications Ltd's allocation increased from 3.71% to 4.31%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.02 % to 3.85 %
ICICI Bank Ltd's allocation decreased from 4.02 % to 3.85 %
AstraZeneca Pharma India Ltd's allocation decreased from 3.9 % to 3.85 %
AstraZeneca Pharma India Ltd's allocation decreased from 3.9 % to 3.85 %
GE Vernova T&D India Ltd's allocation decreased from 2.32 % to 2.13 %
GE Vernova T&D India Ltd's allocation decreased from 2.32 % to 2.13 %

Bandhan Innovation Fund Overview

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

Expense ratio0.66%
Benchmark
Nifty 500 TR INR
AUM₹1800 Cr
Inception Date30 April, 2024
Min Lumpsum/SIP₹1,000/₹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 is an equity fund. This fund was started on 30 April, 2024. The fund is managed by Gaurav Satra, Prateek Poddar, Manish Gunwani, Ritika Behera, Brijesh Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bandhan Innovation Fund has ₹1800 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Bandhan Innovation Fund has given a CAGR return of 17.21% since inception. Over the last 1 year the fund has given a CAGR return of 17.19%.

Holdings

Bandhan Innovation Fund has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Financial Services, Health, Industrial, Consumer Defensive, Basic Materials, Communication, Utilities, Energy, Real Estate. Its top holdings are Eternal Ltd, One97 Communications Ltd, ICICI Bank Ltd, AstraZeneca Pharma India 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 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

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 has no lock in period.

Fund Manager

Gaurav Satra

Fund Manager of Bandhan Innovation Fund, since 7 June 2024

Prateek Poddar

Fund Manager of Bandhan Innovation Fund, since 7 June 2024

Manish Gunwani

Fund Manager of Bandhan Innovation Fund, since 30 April 2024

Ritika Behera

Fund Manager of Bandhan Innovation Fund, since 30 April 2024

Brijesh Shah

Fund Manager of Bandhan Innovation Fund, since 30 April 2024

Learn more about Bandhan Mutual Fund
Parameters
Mar'26
Feb'26
Jan'26
AUM
₹ 1.8K Cr
₹ 2K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 1.8K Cr as of Mar'26
  • AUM decreased by 194.2 Cr between Mar'26 and Feb'26

Frequently Asked Questions for Bandhan Innovation Fund

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 ₹13.76. 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 17.19% in 1 year

Who is the fund manager of Bandhan Innovation Fund?

The fund managers are Gaurav Satra, Prateek Poddar, Manish Gunwani, Ritika Behera, 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 0.66%. 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 ₹1800 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(5.77%), One97 Communications Ltd(4.31%), ICICI Bank Ltd(3.85%)