Bandhan Innovation Fund Direct Growth
NAV as on 28-03-2025
₹ 11.57
1D
Inception Returns
15.7%
/yr
Historical NAV & Returns
About Bandhan Innovation Fund Direct Growth
Bandhan Innovation Fund Direct Growth is an equity fund. This fund was started on 30 April, 2024. The fund is managed by Manish Gunwani, Prateek Poddar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Bandhan Innovation Fund Direct Growth has ₹1255 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Bandhan Innovation Fund Direct Growth has given a CAGR return of 15.73% since inception.
Holdings
Bandhan Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Health, Financial Services, Industrial, Communication, Basic Materials, Consumer Defensive, Real Estate, Utilities. Its top holdings are Zomato Ltd, Bajaj Finance Ltd, AstraZeneca Pharma India Ltd, One97 Communications Ltd, Cholamandalam Investment and Finance Co Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Bandhan Innovation Fund Direct Growth
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Innovation Fund Direct Growth has no lock in period.
Bandhan Innovation Fund Direct Growth Overview
| Expense ratio | 0.63% |
Benchmark | Nifty 500 TRI |
| AUM | ₹1255 Cr |
| Inception Date | 30 April, 2024 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (28-Mar-25)
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 1.3K Cr as of Feb'25
- AUM decreased by 173.2 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Health, Tech & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Investment & Finance Company Ltd | 7.1% |
 Zinka Logistics Solutions Ltd | 3.8% |
 Bajaj Finance Ltd | 3.7% |
Bandhan Innovation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1255 Cr
Expense Ratio 0.63%
More funds from Bandhan
Bandhan Infrastructure Fund - Direct Plan - Growth
5Y CAGR
▲ 39.70
Bandhan Small Cap Fund Direct Growth
5Y CAGR
▲ 38.34
Bandhan Core Equity Fund Direct Plan Growth
5Y CAGR
▲ 32.36
Bandhan Multi Cap Fund Direct Growth
3Y CAGR
▲ 18.14
Bandhan Sterling Value Fund Direct Plan Growth
5Y CAGR
▲ 37.34
Frequently Asked Questions for Bandhan Innovation Fund Direct Growth
Bandhan Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.95% | 8.95% |
6 Month Returns | -10.87% | -10.87% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
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Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
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