Loading...

Fund Overview

Fund Size

Fund Size

₹2,645 Cr

Expense Ratio

Expense Ratio

0.45%

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, 3 months and 29 days, having been launched on 30-Apr-24.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹16.25, Assets Under Management (AUM) of 2644.90 Crores, and an expense ratio of 0.45%.
  • Bandhan Innovation Fund Direct Growth has given a CAGR return of 23.21% since inception.
  • The fund's asset allocation comprises around 97.90% in equities, 0.00% in debts, and 2.10% 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

+23.12%

(Cat Avg.)

Since Inception

+23.21%

(Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity2,589.23 Cr97.90%
Others55.67 Cr2.10%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Eternal LtdEquity142.63 Cr5.39%
One97 Communications LtdEquity114.27 Cr4.32%
Bajaj Finserv LtdEquity107.53 Cr4.07%
ICICI Bank LtdEquity92.34 Cr3.49%
AstraZeneca Pharma India LtdEquity88.84 Cr3.36%
Mahindra & Mahindra LtdEquity67.41 Cr2.55%
Reliance Industries LtdEquity65.27 Cr2.47%
Meesho LtdEquity63.86 Cr2.41%
Honasa Consumer LtdEquity61.85 Cr2.34%
Coforge LtdEquity61.71 Cr2.33%
Triparty Repo Trp_030826Cash - Repurchase Agreement59.23 Cr2.24%
Jubilant Ingrevia Ltd Ordinary SharesEquity57.67 Cr2.18%
Poonawalla Fincorp LtdEquity50.56 Cr1.91%
Varun Beverages LtdEquity43.7 Cr1.65%
E2E Networks Ltd Ordinary SharesEquity43.22 Cr1.63%
Sterlite Technologies LtdEquity42.88 Cr1.62%
Divi's Laboratories LtdEquity41.22 Cr1.56%
MTAR Technologies LtdEquity40.15 Cr1.52%
Billionbrains Garage Ventures LtdEquity39.43 Cr1.49%
Prestige Estates Projects LtdEquity36.95 Cr1.40%
Amber Enterprises India Ltd Ordinary SharesEquity36.64 Cr1.39%
Bharat Electronics LtdEquity36.22 Cr1.37%
Cholamandalam Investment and Finance Co LtdEquity34.4 Cr1.30%
GE Vernova T&D India LtdEquity34.3 Cr1.30%
NTPC LtdEquity33.28 Cr1.26%
Trent LtdEquity32.64 Cr1.23%
Bluestone Jewellery And Lifestyle LtdEquity32.32 Cr1.22%
Dr Agarwal’s Health Care LtdEquity32.27 Cr1.22%
Eicher Motors LtdEquity31.94 Cr1.21%
Amagi Media Labs LtdEquity30.69 Cr1.16%
Saregama India LtdEquity30.19 Cr1.14%
Adani Ports & Special Economic Zone LtdEquity29.72 Cr1.12%
Info Edge (India) LtdEquity28.78 Cr1.09%
ZF Commercial Vehicle Control Systems India LtdEquity28.42 Cr1.07%
Vintage Coffee & Beverages LtdEquity28.33 Cr1.07%
Glenmark Pharmaceuticals LtdEquity27.43 Cr1.04%
Sai Life Sciences LtdEquity26.77 Cr1.01%
Godrej Properties LtdEquity26.75 Cr1.01%
HDFC Bank LtdEquity26.39 Cr1.00%
Tilaknagar Industries LtdEquity25.5 Cr0.96%
Craftsman Automation LtdEquity25.17 Cr0.95%
Vedanta Aluminium Metal LtdEquity24.54 Cr0.93%
Affle 3i LtdEquity24.31 Cr0.92%
Bajaj Auto LtdEquity24.11 Cr0.91%
Torrent Pharmaceuticals LtdEquity23.9 Cr0.90%
Jubilant Pharmova LtdEquity23.47 Cr0.89%
Indian Hotels Co LtdEquity23.43 Cr0.89%
Canara HSBC Life Insurance Co LtdEquity22.93 Cr0.87%
KFin Technologies LtdEquity22.92 Cr0.87%
Sona BLW Precision Forgings LtdEquity22.65 Cr0.86%
PhysicsWallah LtdEquity22.31 Cr0.84%
Thangamayil Jewellery LtdEquity22.29 Cr0.84%
Biocon LtdEquity22.19 Cr0.84%
Max Financial Services LtdEquity22.04 Cr0.83%
Infosys LtdEquity20.65 Cr0.78%
Kusumgar LtdEquity20 Cr0.76%
TD Power Systems LtdEquity19.75 Cr0.75%
Rashi Peripherals LtdEquity19.6 Cr0.74%
Fortis Healthcare LtdEquity19.06 Cr0.72%
Ather Energy LtdEquity19.04 Cr0.72%
3M India LtdEquity17.41 Cr0.66%
Tega Industries LtdEquity17.32 Cr0.65%
Ethos LtdEquity17.12 Cr0.65%
Afcom Holdings LtdEquity16.98 Cr0.64%
Tech Mahindra LtdEquity16.95 Cr0.64%
Ideaforge Technology LtdEquity15.8 Cr0.60%
Electronics Mart India LtdEquity14.03 Cr0.53%
HEG LtdEquity13.6 Cr0.51%
Vedanta Power LtdEquity13.4 Cr0.51%
Power Mech Projects LtdEquity13 Cr0.49%
Usha Martin LtdEquity12.99 Cr0.49%
Manipal Health Enterprises LtdEquity12.5 Cr0.47%
KRN Heat Exchanger and Refrigeration LtdEquity12.02 Cr0.45%
Jupiter Life Line Hospitals LtdEquity11.52 Cr0.44%
Blackbuck LtdEquity11.21 Cr0.42%
Suraksha Diagnostic LtdEquity11.13 Cr0.42%
Jubilant Foodworks LtdEquity11.08 Cr0.42%
Tube Investments of India Ltd Ordinary SharesEquity9.9 Cr0.37%
Cohance Lifesciences LtdEquity9.03 Cr0.34%
Net Receivables/PayablesCash - Collateral-6.08 Cr0.23%
Optiemus Infracom LtdEquity5.1 Cr0.19%
Stove Kraft Ltd Ordinary SharesEquity4.98 Cr0.19%
Novartis India LtdEquity3.23 Cr0.12%
Cash Margin - DerivativesCash - Collateral2 Cr0.08%
Cash Margin - CcilCash - Repurchase Agreement0.37 Cr0.01%
Cash / Bank BalanceCash - Collateral0.17 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

35.32%

Mid Cap Stocks

21.98%

Small Cap Stocks

39.36%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical639.77 Cr24.19%
Technology417.04 Cr15.77%
Financial Services395.63 Cr14.96%
Healthcare352.56 Cr13.33%
Industrials248.38 Cr9.39%
Consumer Defensive181.71 Cr6.87%
Basic Materials95.2 Cr3.60%
Communication Services83.29 Cr3.15%
Energy65.27 Cr2.47%
Real Estate63.7 Cr2.41%
Utilities46.68 Cr1.76%

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 July 2026

ISIN
INF194KB1IE2
Expense Ratio
0.45%
Exit Load
No Charges
Fund Size
₹2,645 Cr
Age
2 years 3 months
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
Motilal Oswal Quality Fund Regular Growth

Very High Risk

-1.0%--
Motilal Oswal Quality Fund Direct Growth

Very High Risk

-1.0%--
JioBlackRock Sector Rotation Fund Regular Growth

Very High Risk

-0.0%₹162.77 Cr-
SageOne India Growth GIFT Fund Regular Growth

Very High Risk

--₹3.04 Cr-2.4%
Motilal Oswal Nifty Metal ETF

Very High Risk

----
SBI Nifty Midcap 150 Momentum 50 ETF FOF Direct Growth

Very High Risk

-1.0%--
SBI Nifty Midcap 150 Momentum 50 ETF FOF Regular Growth

Very High Risk

-1.0%--
Groww Nifty Cements ETF

Very High Risk

----
Baroda BNP Paribas Services Fund Regular Growth

Very High Risk

-1.0%--
Baroda BNP Paribas Services Fund Direct Growth

Very High Risk

-1.0%--
HDFC Nifty Metal ETF

Very High Risk

0.3%---
DSP Nifty Midcap 150 Quality 50 ETF

Very High Risk

0.5%-₹99.06 Cr3.3%
NJ Momentum Fund Direct Growth

Very High Risk

-0.0%--
NJ Momentum Fund Regular Growth

Very High Risk

-0.0%--
Groww Nifty Smallcap 250 Momentum Quality 100 ETF

Very High Risk

0.6%-₹6.80 Cr-
360 ONE MSCI India ETF

Very High Risk

1.7%-₹6.74 Cr-
Motilal Oswal BSE Select IPO ETF

Very High Risk

0.7%-₹5.88 Cr-
SBI Nifty Midcap 150 Momentum 50 ETF

Very High Risk

0.8%-₹10.55 Cr-
Aditya Birla Sun Life MSCI India ETF

Very High Risk

0.2%-₹11.27 Cr-
ITI Business Cycle Fund Regular Growth

Very High Risk

3.5%0.0%₹115.24 Cr-
ITI Business Cycle Fund Direct Growth

Very High Risk

1.8%0.0%₹115.24 Cr-
Mirae Asset BSE India Defence ETF

Very High Risk

0.3%-₹147.11 Cr-
Kotak Services Fund Regular Growth

Very High Risk

2.4%0.0%₹758.75 Cr-
Kotak Services Fund Direct Growth

Very High Risk

1.0%0.0%₹758.75 Cr-
SBI Quality Fund Direct Growth

Very High Risk

1.3%1.0%₹2524.85 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹102.82 Cr-
Mirae Asset BSE India Defence ETF FOF Regular Growth

Very High Risk

0.9%0.0%₹102.82 Cr-
SBI Quality Fund Regular Growth

Very High Risk

2.4%1.0%₹2524.85 Cr-
Motilal Oswal Nifty MNC ETF

Very High Risk

0.6%-₹2.47 Cr-
JioBlackRock Sector Rotation Fund Direct Growth

Very High Risk

0.9%0.0%₹162.77 Cr-
Groww Nifty PSE ETF FOF Regular Growth

Very High Risk

0.5%0.0%₹11.80 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹11.80 Cr-
Groww Nifty PSE ETF

Very High Risk

0.5%-₹17.37 Cr-
Mahindra Manulife Innovation Opportunities Fund Direct Growth

Very High Risk

0.9%0.0%₹236.43 Cr-
Mahindra Manulife Innovation Opportunities Fund Regular Growth

Very High Risk

2.5%0.0%₹236.43 Cr-
Groww Nifty Chemicals ETF

Very High Risk

0.5%-₹11.92 Cr-
Motilal Oswal Nifty Services Sector ETF

Very High Risk

0.6%-₹6.13 Cr-
Groww Nifty Metal ETF

Very High Risk

0.5%-₹41.90 Cr-
DSP MSCI INDIA ETF

Very High Risk

0.4%-₹3.33 Cr-
Kotak Rural Opportunities Fund Regular Growth

Very High Risk

2.4%0.0%₹806.95 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.8%0.0%₹806.95 Cr-
ANGEL ONE NIFTY TOTAL MARKET MOMENTUM QUALITY 50 ETF

Very High Risk

0.7%-₹15.66 Cr-
Kotak Nifty Chemicals ETF

Very High Risk

0.3%-₹106.09 Cr-
ICICI Prudential Conglomerate Fund Regular Growth

Moderately High risk

2.4%1.0%₹820.84 Cr-
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.3%1.0%₹820.84 Cr-
DSP Nifty500 Flexicap Quality 30 ETF

Very High Risk

0.9%-₹14.79 Cr-
Kotak Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹32.30 Cr-
The Wealth Company Ethical Fund Direct Growth

Very High Risk

0.6%0.0%₹39.97 Cr-
The Wealth Company Ethical Fund Regular Growth

Very High Risk

2.0%0.0%₹39.97 Cr-
Groww Nifty Realty ETF

Very High Risk

0.5%-₹16.38 Cr-

About the AMC

Bandhan Mutual Fund

Bandhan Mutual Fund

Total AUM

₹2,05,438 Cr

Address

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

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Contra Fund Direct Growth

Very High Risk

-0.0%--
Arudha Equity Long-Short Fund Direct Growth

High Risk

1.7%0.0%₹110.81 Cr-
Bandhan Gold ETF FOF Direct Growth

High Risk

0.1%0.0%₹148.87 Cr-
Bandhan Silver ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹145.88 Cr-
Arudha Hybrid Long-Short Fund Direct Growth

Low Risk

0.9%0.0%₹116.76 Cr-
Bandhan Healthcare Fund Direct Growth

Very High Risk

0.8%0.0%₹319.40 Cr-
Bandhan BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.2%0.0%₹26.35 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.7%0.0%₹686.98 Cr1.8%
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹298.63 Cr6.9%
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth

Low to Moderate Risk

0.0%0.0%₹0.35 Cr6.1%
Bandhan Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹35.73 Cr11.9%
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%₹9.29 Cr3.1%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹13.05 Cr0.6%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹37.63 Cr9.0%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹38.02 Cr17.4%
Bandhan Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹1165.94 Cr1.9%
Bandhan Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹91.86 Cr11.5%
Bandhan BSE Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹23.66 Cr16.6%
Bandhan Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹22.00 Cr5.9%
Bandhan Nifty Total Market Index Fund Direct Growth

Very High Risk

0.3%0.0%₹45.15 Cr3.9%
Bandhan Innovation Fund Direct Growth

Very High Risk

0.5%0.0%₹2644.90 Cr23.1%
Bandhan Long Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹53.58 Cr6.2%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹3610.53 Cr18.2%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹97.29 Cr10.3%
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹581.76 Cr14.1%
Bandhan Retirement Fund Direct Growth

Moderately High risk

0.7%0.0%₹185.01 Cr3.1%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹33.31 Cr-14.9%
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 Cr6.6%
Bandhan Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹1122.67 Cr5.3%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹19030.95 Cr6.5%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹19777.42 Cr8.0%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹1943.75 Cr8.8%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.8%0.0%₹2144.56 Cr4.7%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

Very High Risk

0.1%1.0%₹22.32 Cr12.0%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹1883.19 Cr9.5%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.7%1.0%₹2086.13 Cr4.5%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.2%0.0%₹293.16 Cr6.8%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.8%0.0%₹1500.26 Cr1.3%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

0.8%0.0%₹92.37 Cr5.2%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1260.95 Cr6.6%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

0.8%1.0%₹424.92 Cr7.0%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹14089.78 Cr6.6%
Bandhan Bond Fund - Short Term Plan Direct Growth

Moderate Risk

0.3%0.0%₹9287.26 Cr6.7%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹2796.99 Cr-1.6%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.6%1.0%₹10051.30 Cr3.1%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹7575.11 Cr2.7%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Low Risk

0.1%0.0%₹89.85 Cr6.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

qr

Rated ★ 4.3+ on

playstoreappstore

Still got questions?
We're here to help.

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

img
The NAV of Bandhan Innovation Fund Direct Growth, as of 27-Aug-2026, is ₹16.25.
The fund's allocation of assets is distributed as 97.90% in equities, 0.00% in bonds, and 2.10% 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
qr

Track all your investments in one place

Download Dezerv App

cross
wm logo

Track and monitor all
your investments