Bandhan Innovation Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 9.99 as on 15-05-2024
About the Fund
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.
Key Parameters
- Bandhan Innovation Fund Direct Growth has ₹708 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
344 people have invested ₹ 78.6L in Bandhan Innovation Fund Direct Growth in the last three months
Overview
 | 0.63% |
 Benchmark | Nifty 500 TRI |
 | ₹708 Cr |
 | 30 April, 2024 |
 | ₹1000/₹100 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 0% |
Bandhan Innovation Fund Direct Growth Distribution as on (30-Apr-24)
Sector Allocation
Industrial
22.6%
Health
21.7%
Consumer Cyclical
20.7%
Financial Services
10.3%
Communication
8.1%
Tech
6.5%
Energy
4.3%
Basic Materials
3.3%
Real Estate
2.5%
Top Holdings of Bandhan Innovation Fund Direct Growth as on (30-Apr-24)
Equity Holdings44
Gainers & Losers Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 MOIL Ltd | 32.6% |
 Interglobe Aviation Ltd | 13.5% |
 Aditya Birla Fashion & Retail Ltd | 10.5% |
Peer Analysis
Bandhan Innovation Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 51.49% in Equity, 0% in Debt and 48.51% in Cash related instruments
AUM size ₹708 Cr
This fund has AUM of ₹708 Cr which is less than its category average of ₹ 1861 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of Bandhan Innovation Fund Direct Growth is ₹9.99 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Bandhan Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.63% as on April 2024
₹708 Cr as on April 2024
Zomato Ltd(2.86%), InterGlobe Aviation Ltd(2.81%), Info Edge (India) Ltd(2.39%), Reliance Industries Ltd(2.24%), AstraZeneca Pharma India Ltd(2.13%) as on April 2024
Industrial(11.64%), Health(11.17%), Consumer Cyclical(10.65%) as on April 2024
The alpha ratio for the Bandhan Innovation Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Bandhan Innovation Fund Direct Growth is calculated against Nifty 500 TRI. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bandhan Innovation Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Bandhan Innovation Fund Direct Growth is calculated with Nifty 500 TRI. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bandhan Innovation Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Bandhan Innovation Fund Direct Growth is calculated with Nifty 500 TRI. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bandhan Innovation Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bandhan Innovation Fund Direct Growth | - | - | - |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Bandhan Innovation Fund Direct Growth is 0.5%