Bandhan Innovation Fund Direct Growth

Bandhan Innovation Fund Direct Growth

1M
6M
1Y
All
NAV: 10 Apr '26
₹13.18
Min. for SIP
₹100
Fund size (AUM)
₹1,799.96 Cr
Expense ratio
0.66%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹15,206
+1.37%
6 months₹30,000₹29,373
-2.09%
1 year₹60,000₹59,771
-0.38%

Holdings (73)

NameSectorInstrumentsAssets
Eternal Ltd.ServicesEquity5.77%
One97 Communications Ltd.ServicesEquity4.31%
Astrazeneca Pharma India Ltd.HealthcareEquity3.85%
ICICI Bank Ltd.FinancialEquity3.85%
Bajaj Finserv Ltd.FinancialEquity3.46%
Reliance Industries Ltd.EnergyEquity2.62%
Jubilant Ingrevia Ltd.ChemicalsEquity2.27%
GE Vernova T&D India LtdCapital GoodsEquity2.13%
Coforge Ltd.TechnologyEquity2.09%
Ather Energy Ltd.AutomobileEquity2.07%
HDFC Bank Ltd.FinancialEquity1.98%
Varun Beverages Ltd.Consumer StaplesEquity1.96%
Vedanta Ltd.Metals & MiningEquity1.93%
Mahindra & Mahindra Ltd.AutomobileEquity1.87%
MTAR Technologies Ltd.Capital GoodsEquity1.78%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity1.77%
Poonawalla Fincorp Ltd.FinancialEquity1.69%
Info Edge (India) Ltd.ServicesEquity1.60%
Honasa Consumer Ltd.Consumer StaplesEquity1.55%
Fortis Healthcare Ltd.HealthcareEquity1.54%
Thangamayil Jewellery Ltd.Consumer DiscretionaryEquity1.51%
Divi's Laboratories Ltd.HealthcareEquity1.47%
Eicher Motors Ltd.AutomobileEquity1.43%
ZF Commercial Vehicle Control Systems India Ltd.AutomobileEquity1.40%
Glenmark Pharmaceuticals Ltd.HealthcareEquity1.34%
NTPC Ltd.EnergyEquity1.32%
Tube Investments Of India Ltd.AutomobileEquity1.30%
Adani Energy Solutions Ltd.EnergyEquity1.28%
Dr. Agarwal's Health Care Ltd.HealthcareEquity1.28%
Vintage Coffee & Beverages Ltd.ServicesEquity1.27%
Max Financial Services Ltd.FinancialEquity1.24%
Infosys Ltd.TechnologyEquity1.24%
Tilaknagar Industries Ltd.Consumer StaplesEquity1.18%
Tata Communications Ltd.CommunicationEquity1.17%
E2E Networks Ltd.TechnologyEquity1.16%
Bharat Electronics Ltd.Capital GoodsEquity1.13%
Sai Life Sciences Ltd.HealthcareEquity1.12%
KFin Technologies Ltd.FinancialEquity1.09%
Tega Industries Ltd.Metals & MiningEquity1.08%
Prestige Estates Projects Ltd.ConstructionEquity1.06%
Jubilant Pharmova Ltd.HealthcareEquity1.04%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity1.02%
Trent Ltd.ServicesEquity0.97%
Godrej Properties Ltd.ConstructionEquity0.91%
Torrent Pharmaceuticals Ltd.HealthcareEquity0.91%
Affle 3I Ltd.TechnologyEquity0.91%
Saregama India Ltd.ServicesEquity0.89%
The Indian Hotels Company Ltd.ServicesEquity0.88%
Meesho Ltd.ServicesEquity0.88%
KRN Heat Exchanger And Refrigeration Ltd.Capital GoodsEquity0.87%
Amagi Media Labs Ltd.TechnologyEquity0.86%
Ethos Ltd.ServicesEquity0.81%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.79%
The Ramco Cements Ltd.ConstructionEquity0.79%
3M India Ltd.Consumer StaplesEquity0.79%
Canara HSBC Life Insurance Company Ltd.InsuranceEquity0.78%
BlackBuck Ltd.ServicesEquity0.77%
Tech Mahindra Ltd.TechnologyEquity0.62%
Bajaj Auto Ltd.AutomobileEquity0.60%
Avenue Supermarts Ltd.ServicesEquity0.59%
Suraksha Diagnostic Ltd.HealthcareEquity0.56%
Electronics Mart India Ltd.ServicesEquity0.52%
Power Mech Projects Ltd.ConstructionEquity0.49%
Jupiter Life Line Hospitals Ltd.HealthcareEquity0.49%
Rashi Peripherals Ltd.ServicesEquity0.47%
Inox Green Energy Services Ltd.Capital GoodsEquity0.45%
Optiemus Infracom Ltd.ServicesEquity0.37%
Pearl Global Industries Ltd.TextilesEquity0.32%
Anthem Biosciences Ltd.HealthcareEquity0.27%
Stove Kraft Ltd.Consumer DiscretionaryEquity0.25%
Sterlite Technologies Ltd.CommunicationEquity0.20%
Vedant Fashions Ltd.ServicesEquity0.05%
eMudhra Ltd.ServicesEquity0.04%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns-10.9%-8.1%+6.5%+22.6%
Category average (Equity Thematic)-----1.5%--
Rank (Equity Thematic)222--

Exit load, stamp duty and tax

Exit load

Exit load of 0.50%, if redeemed within 30 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Fund management

MG
Manish Gunwani
Apr 2024 - Present
View details

Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon India Mutual Fund, ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.

BS
Brijesh Shah
Apr 2024 - Present
View details

Education
Mr. Shah is a Post Graduate Diploma in Finance.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.
Also manages these schemes

PP
Prateek Poddar
Jun 2024 - Present
View details

Education
Mr. Poddar is a B.Com, CFA, CA
Experience
Prior joining Bandhan Mutual Fund he has worked with Nippon India Mutual Fund, ICICI Prudential Asset Management Co. - Investment Analyst Equity, Kotak Mahindra Capital Company - Analyst - Investment Banking.

About Bandhan Innovation Fund Direct Growth

Bandhan Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Manish Gunwani is the Current Fund Manager of Bandhan Innovation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,97,899 Cr and the Latest NAV as of 10 Apr 2026 is ₹13.18. The Bandhan Innovation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.50%, if redeemed within 30 days. ;

Investment Objective

The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Fund benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#9 in India
Total AUM₹1,97,898.61 Cr
Date of Incorporation20 Dec 1999
Phone--
E-mail--
Launch Date20 Dec 1999
AddressOne World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,