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Fund Overview

Fund Size

Fund Size

₹2,204 Cr

Expense Ratio

Expense Ratio

0.46%

ISIN

ISIN

INF194KB1IE2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

30 Apr 2024

About this fund

Bandhan Innovation Fund Direct Growth is a Equity - Other mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 2 years, 1 months and 26 days, having been launched on 30-Apr-24.
As of 24-Jun-26, it has a Net Asset Value (NAV) of ₹14.66, Assets Under Management (AUM) of 2204.15 Crores, and an expense ratio of 0.46%.
  • Bandhan Innovation Fund Direct Growth has given a CAGR return of 19.49% since inception.
  • The fund's asset allocation comprises around 98.17% in equities, 0.00% in debts, and 1.83% in cash & cash equivalents.
  • You can start investing in Bandhan Innovation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+15.02%

(Cat Avg.)

Since Inception

+19.49%

(Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity2,163.89 Cr98.17%
Others40.26 Cr1.83%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Eternal LtdEquity104.43 Cr4.74%
One97 Communications LtdEquity92.62 Cr4.20%
AstraZeneca Pharma India LtdEquity82.35 Cr3.74%
ICICI Bank LtdEquity80.82 Cr3.67%
Bajaj Finserv LtdEquity80.82 Cr3.67%
Honasa Consumer LtdEquity51.85 Cr2.35%
Varun Beverages LtdEquity50.91 Cr2.31%
Jubilant Ingrevia Ltd Ordinary SharesEquity50.66 Cr2.30%
Reliance Industries LtdEquity50.26 Cr2.28%
Coforge LtdEquity50.26 Cr2.28%
Mahindra & Mahindra LtdEquity47.05 Cr2.13%
MTAR Technologies LtdEquity44.5 Cr2.02%
GE Vernova T&D India LtdEquity43 Cr1.95%
Amber Enterprises India Ltd Ordinary SharesEquity38.6 Cr1.75%
Poonawalla Fincorp LtdEquity36.79 Cr1.67%
Sterlite Technologies LtdEquity36.23 Cr1.64%
NTPC LtdEquity36.12 Cr1.64%
Triparty Repo Trp_010626Cash - Repurchase Agreement35.94 Cr1.63%
E2E Networks Ltd Ordinary SharesEquity35.16 Cr1.59%
Thangamayil Jewellery LtdEquity34.3 Cr1.56%
Billionbrains Garage Ventures LtdEquity34.02 Cr1.54%
Dr Agarwal’s Health Care LtdEquity32.42 Cr1.47%
Adani Ports & Special Economic Zone LtdEquity31.61 Cr1.43%
Divi's Laboratories LtdEquity30.81 Cr1.40%
Tube Investments of India Ltd Ordinary SharesEquity30.54 Cr1.39%
Prestige Estates Projects LtdEquity30.21 Cr1.37%
ZF Commercial Vehicle Control Systems India LtdEquity28.75 Cr1.30%
Info Edge (India) LtdEquity28.06 Cr1.27%
Cholamandalam Investment and Finance Co LtdEquity27.93 Cr1.27%
Bharat Electronics LtdEquity27.54 Cr1.25%
Eicher Motors LtdEquity26.36 Cr1.20%
Glenmark Pharmaceuticals LtdEquity25.69 Cr1.17%
Vintage Coffee & Beverages LtdEquity25.4 Cr1.15%
Saregama India LtdEquity25.26 Cr1.15%
Ather Energy LtdEquity24.12 Cr1.09%
Sai Life Sciences LtdEquity23.41 Cr1.06%
Tilaknagar Industries LtdEquity23.27 Cr1.06%
Jubilant Pharmova LtdEquity22.88 Cr1.04%
Trent LtdEquity22.52 Cr1.02%
Affle 3i LtdEquity22.43 Cr1.02%
Godrej Properties LtdEquity22.39 Cr1.02%
Amagi Media Labs LtdEquity21.71 Cr0.99%
Max Financial Services LtdEquity21.4 Cr0.97%
Fortis Healthcare LtdEquity21.22 Cr0.96%
Canara HSBC Life Insurance Co LtdEquity20.66 Cr0.94%
Infosys LtdEquity20.65 Cr0.94%
Tega Industries LtdEquity20.59 Cr0.93%
ABB India LtdEquity20.59 Cr0.93%
HDFC Bank LtdEquity20.18 Cr0.92%
KFin Technologies LtdEquity19.83 Cr0.90%
Indian Hotels Co LtdEquity18.23 Cr0.83%
Sona BLW Precision Forgings LtdEquity17.88 Cr0.81%
Hindustan Zinc LtdEquity17.75 Cr0.81%
Torrent Pharmaceuticals LtdEquity17.03 Cr0.77%
Jubilant Foodworks LtdEquity16.42 Cr0.75%
Meesho LtdEquity16.21 Cr0.74%
Ethos LtdEquity15.83 Cr0.72%
3M India LtdEquity15.56 Cr0.71%
Rashi Peripherals LtdEquity14.53 Cr0.66%
Bajaj Auto LtdEquity12.92 Cr0.59%
Blackbuck LtdEquity12.85 Cr0.58%
Power Mech Projects LtdEquity12.67 Cr0.57%
Avenue Supermarts LtdEquity12.63 Cr0.57%
Suraksha Diagnostic LtdEquity12.61 Cr0.57%
Electronics Mart India LtdEquity12.29 Cr0.56%
Tech Mahindra LtdEquity11.99 Cr0.54%
Tata Communications LtdEquity11.14 Cr0.51%
Usha Martin LtdEquity11.07 Cr0.50%
KRN Heat Exchanger and Refrigeration LtdEquity10.96 Cr0.50%
Afcom Holdings LtdEquity10.02 Cr0.45%
Jupiter Life Line Hospitals LtdEquity9.22 Cr0.42%
Optiemus Infracom LtdEquity8.12 Cr0.37%
Cohance Lifesciences LtdEquity7.38 Cr0.33%
Vedanta Oil and Gas LtdEquity7.32 Cr0.33%
^^Talwandi Sabo Power LimitedEquity7.32 Cr0.33%
^^Vedanta Aluminium Metal LimitedEquity7.32 Cr0.33%
^^Vedanta Iron And Steel LimitedEquity7.32 Cr0.33%
Amir Chand Jagdish Kumar Exports LtdEquity6.3 Cr0.29%
Novartis India LtdEquity6.23 Cr0.28%
Pearl Global Industries LtdEquity5.7 Cr0.26%
Stove Kraft Ltd Ordinary SharesEquity5.67 Cr0.26%
INOX Green Energy Services LtdEquity5.23 Cr0.24%
Net Current AssetsCash4.1 Cr0.19%
Vedant Fashions LtdEquity1.02 Cr0.05%
Cash Margin - CcilCash - Repurchase Agreement0.22 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

34.90%

Mid Cap Stocks

22.48%

Small Cap Stocks

38.20%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical448.31 Cr20.34%
Technology334.9 Cr15.19%
Financial Services322.63 Cr14.64%
Healthcare291.24 Cr13.21%
Industrials256.62 Cr11.64%
Consumer Defensive170.36 Cr7.73%
Communication Services86.89 Cr3.94%
Basic Materials86.79 Cr3.94%
Real Estate52.6 Cr2.39%
Energy50.26 Cr2.28%
Utilities41.35 Cr1.88%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Manish Gunwani

Manish Gunwani

Since April 2024

BS

Brijesh Shah

Since April 2024

PP

Prateek Poddar

Since June 2024

RB

Ritika Behera

Since April 2024

GS

Gaurav Satra

Since June 2024

Additional Scheme Detailsas of 31st May 2026

ISIN
INF194KB1IE2
Expense Ratio
0.46%
Exit Load
No Charges
Fund Size
₹2,204 Cr
Age
2 years 1 month
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Titanium Equity Long-Short Fund Regular Growth

Very High Risk

-1.0%₹207.85 Cr-
Titanium Equity Long-Short Fund Direct Growth

Very High Risk

-1.0%₹207.85 Cr-
qsif Sector Rotation Long-Short Fund Regular Growth

Very High Risk

2.5%1.0%--
qsif Sector Rotation Long-Short Fund Direct Growth

Very High Risk

0.9%1.0%--
Sapphire Equity Long-Short SIF Regular Growth

Very High Risk

2.1%1.0%--
Sapphire Equity Long-Short SIF Direct Growth

Very High Risk

0.6%1.0%--
WSIF Equity Long-Short Fund Regular Growth

Very High Risk

-0.0%₹17.18 Cr-
WSIF Equity Ex-Top 100 Long-Short Fund Regular Growth

Very High Risk

-0.0%₹16.15 Cr-
WSIF Equity Long-Short Fund Direct Growth

Very High Risk

-0.0%₹17.18 Cr-
WSIF Equity Ex-Top 100 Long-Short Fund Direct Growth

Very High Risk

-0.0%₹16.15 Cr-
DynaSIF Active Asset Allocator Long-Short Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹130.72 Cr-
DynaSIF Active Asset Allocator Long-Short Fund Regular Growth

Low to Moderate Risk

1.6%0.0%₹130.72 Cr-
Apex Hybrid Long-Short Fund Regular Growth

Low to Moderate Risk

-0.0%₹63.25 Cr-
Apex Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹63.25 Cr-
Arudha Equity Long-Short Fund Regular Growth

Very High Risk

2.4%0.0%₹80.55 Cr-
Arudha Equity Long-Short Fund Direct Growth

Very High Risk

0.9%0.0%₹80.55 Cr-
SBI Nifty Midcap 150 Momentum 50 ETF

Very High Risk

0.3%-₹9.21 Cr-
ITI Business Cycle Fund Regular Growth

Very High Risk

2.4%0.0%₹107.82 Cr-
ITI Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹107.82 Cr-
DynaSIF Equity Long - Short Fund Regular Growth

High Risk

2.1%0.0%₹153.58 Cr-
DynaSIF Equity Long - Short Fund Direct Growth

High Risk

0.8%0.0%₹153.58 Cr-
Mirae Asset BSE India Defence ETF

Very High Risk

0.3%-₹96.13 Cr-
Kotak Services Fund Regular Growth

Very High Risk

2.4%0.0%₹725.97 Cr-
Kotak Services Fund Direct Growth

Very High Risk

1.0%0.0%₹725.97 Cr-
SBI Quality Fund Direct Growth

Very High Risk

0.8%1.0%₹2361.00 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹61.87 Cr-
Mirae Asset BSE India Defence ETF FOF Regular Growth

Very High Risk

0.8%0.0%₹61.87 Cr-
SBI Quality Fund Regular Growth

Very High Risk

2.0%1.0%₹2361.00 Cr-
Motilal Oswal Nifty MNC ETF

Very High Risk

0.5%-₹2.42 Cr-
JioBlackRock Sector Rotation Fund Direct Growth

Very High Risk

0.5%0.0%₹150.29 Cr-
Groww Nifty PSE ETF FOF Regular Growth

Very High Risk

0.5%0.0%₹11.98 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹11.98 Cr-
Groww Nifty PSE ETF

Very High Risk

0.5%-₹17.69 Cr-
Mahindra Manulife Innovation Opportunities Fund Direct Growth

Very High Risk

0.5%0.0%₹194.04 Cr-
Mahindra Manulife Innovation Opportunities Fund Regular Growth

Very High Risk

2.1%0.0%₹194.04 Cr-
Groww Nifty Chemicals ETF

Very High Risk

0.5%-₹11.12 Cr-
DSP MSCI INDIA ETF

Very High Risk

0.3%-₹3.26 Cr-
Kotak Rural Opportunities Fund Regular Growth

Very High Risk

2.4%0.0%₹795.34 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.8%0.0%₹795.34 Cr-
ICICI Prudential Conglomerate Fund Regular Growth

Moderately High risk

2.0%1.0%₹818.96 Cr-
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.0%1.0%₹818.96 Cr-
The Wealth Company Ethical Fund Direct Growth

Very High Risk

0.6%0.0%₹38.56 Cr-
The Wealth Company Ethical Fund Regular Growth

Very High Risk

2.0%0.0%₹38.56 Cr-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth

Very High Risk

0.7%1.0%₹666.33 Cr-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth

Very High Risk

2.0%1.0%₹666.33 Cr-
Motilal Oswal Nifty Alpha 50 ETF

Very High Risk

0.5%-₹6.62 Cr-
Kotak Active Momentum Fund Direct Growth

Very High Risk

0.8%0.0%₹1480.27 Cr-
Kotak Active Momentum Fund Regular Growth

Very High Risk

2.1%0.0%₹1480.27 Cr-
Motilal Oswal Special Opportunities Fund Direct Growth

Very High Risk

2.4%1.0%₹74.13 Cr-
Motilal Oswal Special Opportunities Fund Regular Growth

Very High Risk

2.5%1.0%₹74.13 Cr-

About the AMC

Bandhan Mutual Fund

Bandhan Mutual Fund

Total AUM

₹2,03,935 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Arudha Equity Long-Short Fund Direct Growth

Very High Risk

0.9%0.0%₹80.55 Cr-
Bandhan Gold ETF FOF Direct Growth

High Risk

0.1%0.0%₹154.16 Cr-
Bandhan Silver ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹164.95 Cr-
Arudha Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹129.50 Cr-
Bandhan Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹310.92 Cr-
Bandhan BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.2%0.0%₹25.62 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.7%0.0%₹679.53 Cr-
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹390.01 Cr6.7%
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth

Moderate Risk

0.0%0.0%₹0.39 Cr4.6%
Bandhan Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹31.20 Cr7.7%
Bandhan Fixed Maturity Plan (FMP) - Series 209 (93 Days) Direct Growth

Low to Moderate Risk

-0.0%--
Bandhan Nifty Alpha Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹9.13 Cr-1.3%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹11.17 Cr-3.4%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹34.20 Cr-1.2%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹36.58 Cr18.1%
Bandhan Business Cycle Fund Direct Growth

Very High Risk

0.5%0.0%₹1202.40 Cr-0.4%
Bandhan Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹89.33 Cr6.5%
Bandhan BSE Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹20.21 Cr13.0%
Bandhan Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹19.66 Cr3.8%
Bandhan Nifty Total Market Index Fund Direct Growth

Very High Risk

0.3%0.0%₹45.39 Cr0.8%
Bandhan Innovation Fund Direct Growth

Very High Risk

0.5%0.0%₹2204.15 Cr15.0%
Bandhan Long Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹55.00 Cr3.4%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹3380.49 Cr17.1%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹86.19 Cr3.7%
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹573.89 Cr1.2%
Bandhan Retirement Fund Direct Growth

Moderately High risk

0.7%0.0%₹180.72 Cr2.1%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹29.39 Cr-27.0%
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Low to Moderate Risk

-0.0%₹334.47 Cr5.1%
Bandhan Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹813.28 Cr5.3%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹17285.70 Cr6.3%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹17460.93 Cr6.6%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2025.53 Cr6.7%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.8%0.0%₹2000.94 Cr2.0%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

Very High Risk

0.1%1.0%₹20.97 Cr9.1%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹1794.37 Cr7.4%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.7%1.0%₹2043.45 Cr2.9%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.2%0.0%₹292.14 Cr4.7%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.7%0.0%₹1495.06 Cr1.6%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

0.8%0.0%₹96.44 Cr3.1%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1285.87 Cr5.5%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.1%1.0%₹403.56 Cr5.6%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹14977.42 Cr6.4%
Bandhan Bond Fund - Short Term Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹8326.50 Cr5.9%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹2626.55 Cr-3.0%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.6%1.0%₹9823.18 Cr1.0%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹7256.55 Cr1.4%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Low Risk

0.1%0.0%₹91.46 Cr5.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6767.05 Cr2.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of Bandhan Innovation Fund Direct Growth?

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The NAV of Bandhan Innovation Fund Direct Growth, as of 24-Jun-2026, is ₹14.66.
The fund's allocation of assets is distributed as 98.17% in equities, 0.00% in bonds, and 1.83% in cash and cash equivalents.
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
  1. Manish Gunwani
  2. Brijesh Shah
  3. Prateek Poddar
  4. Ritika Behera
  5. Gaurav Satra
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