Dezerv

Fund Overview

Fund Size

Fund Size

₹708 Cr

Expense Ratio

Expense Ratio

0.63%

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

This fund has been in existence for 27 days, having been launched on 30-Apr-24.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹10.28, Assets Under Management (AUM) of 708.10 Crores, and an expense ratio of 0.63%.
  • Bandhan Innovation Fund Direct Growth has given a CAGR return of 2.84% since inception.
  • The fund's asset allocation comprises around 51.49% in equities, 0.00% in debts, and 48.51% 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.

Since Inception

+2.84%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity364.57 Cr51.49%
Others343.52 Cr48.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Triparty RepoCash - Repurchase Agreement449.29 Cr63.45%
Net Current AssetsCash-108.45 Cr15.32%
Zomato LtdEquity20.28 Cr2.86%
InterGlobe Aviation LtdEquity19.91 Cr2.81%
Info Edge (India) LtdEquity16.95 Cr2.39%
Reliance Industries LtdEquity15.84 Cr2.24%
AstraZeneca Pharma India LtdEquity15.06 Cr2.13%
Cholamandalam Investment and Finance Co LtdEquity14.92 Cr2.11%
Bharti Airtel LtdEquity12.56 Cr1.77%
Siemens LtdEquity11.68 Cr1.65%
CG Power & Industrial Solutions LtdEquity10.53 Cr1.49%
Syngene International LtdEquity10.34 Cr1.46%
Bharat Electronics LtdEquity10.17 Cr1.44%
Tata Motors LtdEquity10.08 Cr1.42%
Sapphire Foods India LtdEquity9.96 Cr1.41%
Bharat Heavy Electricals LtdEquity9.16 Cr1.29%
Signatureglobal (India) LtdEquity9.07 Cr1.28%
Sun Pharmaceuticals Industries LtdEquity9.01 Cr1.27%
Bajaj Finserv LtdEquity8.07 Cr1.14%
Aster DM Healthcare Ltd Ordinary SharesEquity7.83 Cr1.11%
ISGEC Heavy Engineering LtdEquity7.14 Cr1.01%
MOIL LtdEquity7.11 Cr1.00%
Praj Industries LtdEquity7.03 Cr0.99%
Polycab India LtdEquity6.8 Cr0.96%
Piramal Pharma LtdEquity6.75 Cr0.95%
One97 Communications LtdEquity6.7 Cr0.95%
Devyani International LtdEquity6.65 Cr0.94%
Ajanta Pharma LtdEquity6.65 Cr0.94%
Shilpa Medicare LtdEquity6.37 Cr0.90%
Glenmark Pharmaceuticals LtdEquity6.34 Cr0.90%
Electronics Mart India LtdEquity6.34 Cr0.90%
Aditya Birla Fashion and Retail LtdEquity6.31 Cr0.89%
GlaxoSmithKline Pharmaceuticals LtdEquity6.26 Cr0.88%
Apollo Tyres LtdEquity6.12 Cr0.86%
Restaurant Brands Asia Ltd Ordinary SharesEquity5.99 Cr0.85%
Rashi Peripherals LtdEquity5.62 Cr0.79%
L&T Technology Services LtdEquity5.57 Cr0.79%
Cholamandalam Financial Holdings LtdEquity5.38 Cr0.76%
Max Financial Services LtdEquity5.05 Cr0.71%
Persistent Systems LtdEquity5.05 Cr0.71%
Yatharth Hospital and Trauma Care Services LtdEquity4.46 Cr0.63%
Angel One Ltd Ordinary SharesEquity4.18 Cr0.59%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity3.81 Cr0.54%
Stove Kraft Ltd Ordinary SharesEquity3.7 Cr0.52%
Cash Margin - CcilCash - Collateral2.68 Cr0.38%
Sumitomo Chemical India Ltd Ordinary SharesEquity0.98 Cr0.14%
Hitachi Energy India Ltd Ordinary SharesEquity0.77 Cr0.11%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials82.41 Cr11.64%
Healthcare79.07 Cr11.17%
Consumer Cyclical75.44 Cr10.65%
Financial Services37.61 Cr5.31%
Communication Services29.51 Cr4.17%
Technology23.72 Cr3.35%
Energy15.84 Cr2.24%
Basic Materials11.9 Cr1.68%
Real Estate9.07 Cr1.28%

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

RB

Ritika Behera

Since April 2024

Additional Scheme Detailsas of 30th April 2024

ISININF194KB1IE2Expense Ratio0.63%Exit LoadNo ChargesFund Size₹708 CrAge30 Apr 2024Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TRI

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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
SBI Equity Minimum Variance Fund Direct Growth

Very High Risk

0.4%0.0%₹189.69 Cr32.8%
SBI Equity Minimum Variance Fund Regular Growth

Very High Risk

0.7%0.0%₹189.69 Cr32.4%
Bandhan Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%0.0%₹469.41 Cr63.8%
Bandhan Transportation and Logistics Fund Regular Growth

Very High Risk

2.4%0.0%₹469.41 Cr61.2%
ICICI Prudential Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹2838.70 Cr62.2%
ICICI Prudential Transportation and Logistics Fund Regular Growth

Very High Risk

2.0%1.0%₹2838.70 Cr60.0%
HDFC NIFTY200 Momentum 30 ETF

Very High Risk

0.3%-₹11.35 Cr63.0%
HDFC NIFTY100 Low Volatility 30 ETF

Very High Risk

0.3%-₹5.95 Cr34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹141.30 Cr75.6%
DSP Nifty Midcap 150 Quality 50 ETF

Low Risk

0.3%-₹85.36 Cr39.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Bandhan Innovation Fund Direct Growth, as of 24-May-2024, is ₹10.28.
The fund's allocation of assets is distributed as 51.49% in equities, 0.00% in bonds, and 48.51% in cash and cash equivalents.
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
  1. Manish Gunwani
  2. Brijesh Shah
  3. Ritika Behera