Direct
NAV (25-Jul-24)
₹11.560.25%1D
Returns (Since Inception)
15.61%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹855 Cr
Expense Ratio
0.57%
ISIN
INF194KB1IE2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
30 Apr 2024
About this fund
This fund has been in existence for 2 months and 26 days, having been launched on 30-Apr-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.56, Assets Under Management (AUM) of 855.13 Crores, and an expense ratio of 0.57%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹11.56, Assets Under Management (AUM) of 855.13 Crores, and an expense ratio of 0.57%.
- Bandhan Innovation Fund Direct Growth has given a CAGR return of 15.61% 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.
Since Inception
+15.61%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹839.47 Cr | 98.17% |
| Others | ₹15.66 Cr | 1.83% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Zomato Ltd | Equity | ₹30.69 Cr | 3.59% |
| AstraZeneca Pharma India Ltd | Equity | ₹30.53 Cr | 3.57% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹28.74 Cr | 3.36% |
| InterGlobe Aviation Ltd | Equity | ₹22.6 Cr | 2.64% |
| Info Edge (India) Ltd | Equity | ₹21.04 Cr | 2.46% |
| Varun Beverages Ltd | Equity | ₹20.69 Cr | 2.42% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹20.63 Cr | 2.41% |
| Praj Industries Ltd | Equity | ₹20.26 Cr | 2.37% |
| Bajaj Finserv Ltd | Equity | ₹19.85 Cr | 2.32% |
| Bharat Electronics Ltd | Equity | ₹17.98 Cr | 2.10% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹17.79 Cr | 2.08% |
| Alkem Laboratories Ltd | Equity | ₹17.23 Cr | 2.02% |
| Triparty Repo | Cash - Repurchase Agreement | ₹17.04 Cr | 1.99% |
| Reliance Industries Ltd | Equity | ₹17.02 Cr | 1.99% |
| Grasim Industries Limited ^ | Equity - Future | ₹16.37 Cr | 1.91% |
| Syngene International Ltd | Equity | ₹15.98 Cr | 1.87% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹15.49 Cr | 1.81% |
| Siemens Ltd | Equity | ₹15.41 Cr | 1.80% |
| Godawari Power & Ispat Ltd | Equity | ₹14.6 Cr | 1.71% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹14.26 Cr | 1.67% |
| CG Power & Industrial Solutions Ltd | Equity | ₹13.87 Cr | 1.62% |
| Persistent Systems Ltd | Equity | ₹13.57 Cr | 1.59% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹13.54 Cr | 1.58% |
| Protean eGov Technologies Ltd | Equity | ₹13.49 Cr | 1.58% |
| Electronics Mart India Ltd | Equity | ₹13.12 Cr | 1.53% |
| Sapphire Foods India Ltd | Equity | ₹13.1 Cr | 1.53% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹12.99 Cr | 1.52% |
| Stove Kraft Ltd Ordinary Shares | Equity | ₹12.38 Cr | 1.45% |
| Signatureglobal (India) Ltd | Equity | ₹12.06 Cr | 1.41% |
| 3M India Ltd | Equity | ₹12.04 Cr | 1.41% |
| Tata Motors Ltd | Equity | ₹11.88 Cr | 1.39% |
| Saregama India Ltd | Equity | ₹11.84 Cr | 1.38% |
| Polycab India Ltd | Equity | ₹11.79 Cr | 1.38% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹11.63 Cr | 1.36% |
| Yatharth Hospital and Trauma Care Services Ltd | Equity | ₹11.46 Cr | 1.34% |
| L&T Technology Services Ltd | Equity | ₹11.29 Cr | 1.32% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹10.94 Cr | 1.28% |
| KFin Technologies Ltd | Equity | ₹10.78 Cr | 1.26% |
| Deepak Nitrite Ltd | Equity | ₹10.76 Cr | 1.26% |
| Rashi Peripherals Ltd | Equity | ₹10.64 Cr | 1.24% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹10.33 Cr | 1.21% |
| Titan Co Ltd | Equity | ₹10.21 Cr | 1.19% |
| Max Financial Services Ltd | Equity | ₹10.2 Cr | 1.19% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹10.14 Cr | 1.19% |
| Bharat Forge Ltd | Equity | ₹10.02 Cr | 1.17% |
| Archean Chemical Industries Ltd | Equity | ₹10.01 Cr | 1.17% |
| KPIT Technologies Ltd | Equity | ₹9.81 Cr | 1.15% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹9.79 Cr | 1.15% |
| AU Small Finance Bank Ltd | Equity | ₹9.74 Cr | 1.14% |
| Sona BLW Precision Forgings Ltd | Equity | ₹9.62 Cr | 1.12% |
| One97 Communications Ltd | Equity | ₹9.45 Cr | 1.10% |
| Bharat Heavy Electricals Ltd | Equity | ₹9.45 Cr | 1.10% |
| TBO Tek Ltd | Equity | ₹9.04 Cr | 1.06% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹8.74 Cr | 1.02% |
| Shilpa Medicare Ltd | Equity | ₹8.58 Cr | 1.00% |
| Piramal Pharma Ltd | Equity | ₹8.57 Cr | 1.00% |
| Honeywell Automation India Ltd | Equity | ₹8.47 Cr | 0.99% |
| REC Ltd | Equity | ₹7.88 Cr | 0.92% |
| Power Mech Projects Ltd | Equity | ₹7.67 Cr | 0.90% |
| Neuland Laboratories Limited | Equity | ₹7.48 Cr | 0.88% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹7 Cr | 0.82% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹6.96 Cr | 0.81% |
| Ajanta Pharma Ltd | Equity | ₹6.81 Cr | 0.80% |
| Devyani International Ltd | Equity | ₹6.59 Cr | 0.77% |
| ISGEC Heavy Engineering Ltd | Equity | ₹4.95 Cr | 0.58% |
| Aether Industries Ltd | Equity | ₹1.62 Cr | 0.19% |
| Net Current Assets | Cash | ₹-1.48 Cr | 0.17% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.1 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
32.80%
Mid Cap Stocks
27.76%
Small Cap Stocks
35.67%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹153.53 Cr | 17.95% |
| Healthcare | ₹143.11 Cr | 16.74% |
| Consumer Cyclical | ₹140.3 Cr | 16.41% |
| Financial Services | ₹115.73 Cr | 13.53% |
| Technology | ₹89.35 Cr | 10.45% |
| Communication Services | ₹72.56 Cr | 8.49% |
| Basic Materials | ₹51.25 Cr | 5.99% |
| Consumer Defensive | ₹20.69 Cr | 2.42% |
| Energy | ₹17.02 Cr | 1.99% |
| Real Estate | ₹12.06 Cr | 1.41% |
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
Additional Scheme Detailsas of 30th June 2024
ISIN | INF194KB1IE2 | Expense Ratio | 0.57% | Exit Load | No Charges | Fund Size | ₹855 Cr | Age | 30 Apr 2024 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TRI |
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹201.75 Cr | 32.8% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹201.75 Cr | 32.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹554.29 Cr | 57.3% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹554.29 Cr | 54.8% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3153.37 Cr | 58.2% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3153.37 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹77.57 Cr | 63.5% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹97.06 Cr | 39.5% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Bandhan Innovation Fund Direct Growth?
The NAV of Bandhan Innovation Fund Direct Growth, as of 25-Jul-2024, is ₹11.56.
What is the portfolio composition of Bandhan Innovation Fund Direct Growth?
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.
Who manages the Bandhan Innovation Fund Direct Growth?
The fund managers responsible for Bandhan Innovation Fund Direct Growth are:-
- Manish Gunwani
- Brijesh Shah
- Ritika Behera
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.