Bandhan Innovation Fund - Direct (G)
Sectoral / ThematicNAV
11.24(1.00%)Fund Size (CR)
₹1,354.53Expense Ratio
0.62Scheme Type
Active FundValue Research
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0.5%Return Since Launch
11.28%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Manish Gunwani
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 12 February 2025 | 9756.27 | -2.44% | - | -1.35% | 706/839 |
| 1 Month | 17 January 2025 | 9058.94 | -9.41% | - | -5.97% | 682/827 |
| 3 Month | 19 November 2024 | 9128.79 | -8.71% | - | -6.97% | 525/773 |
| 6 Month | 19 August 2024 | 9290.37 | -7.10% | - | -10.14% | 241/728 |
| 1 Year | - | - | - | - | 5.50% | -/- |
| 3 Year | - | - | 0% | - | 16.23% | -/- |
| 5 Year | - | - | 0% | - | 18.92% | -/- |
| Since Inception | 30 April 2024 | 11128.00 | 11.28% | 11.28% | 10.69% | 554/839 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 May 2024 | 1,00,000 | 95179.56 | -4.82% | -4.82% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
5.92%
Standard Deviation
1.26%
Beta
0.79%
Sharpe Ratio
0.08%
Treynor's Ratio
17.45%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Zomato Ltd | 3.49% | 2144836 | 47.26 | Equity | E-Commerce/App based Aggregator |
| Astrazeneca Phar | 3.47% | 65018 | 47.04 | Equity | Pharmaceuticals |
| One 97 | 3.34% | 583776 | 45.29 | Equity | E-Commerce/App based Aggregator |
| Bajaj Finance | 3.05% | 52479 | 41.38 | Equity | Finance |
| Bharti Airtel PP | 2.92% | 329628 | 39.53 | Equity | Telecomm-Service |
| M & M | 2.80% | 126914 | 37.95 | Equity | Automobile |
| Coforge | 2.74% | 44950 | 37.15 | Equity | IT - Software |
| Varun Beverages | 2.68% | 676728 | 36.32 | Equity | FMCG |
| ICICI Bank | 2.62% | 283146 | 35.47 | Equity | Banks |
| Cholaman.Inv.&Fn | 2.44% | 256580 | 32.99 | Equity | Finance |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Bandhan Innovation Fund - Direct (G) | 1354.53 | -9.41% | -8.71% | -7.10% | - | - | |
| HDFC Pharma and Healthcare Fund - Direct (G) | 1568.02 | -5.07% | -3.40% | 2.18% | 23.78% | - | |
| HDFC Pharma and Healthcare Fund - Direct (IDCW) | 1568.02 | -5.07% | -3.40% | 2.18% | 23.78% | - | |
| Nippon India US Equity Opportunities Fund-Dir (G) | 750.74 | 4.00% | 8.65% | 15.79% | 23.29% | 17.07% | |
| Nippon India US Equity OpportunitiesFund-Dir(IDCW) | 750.74 | 4.00% | 8.65% | 15.79% | 23.29% | 17.07% | |
| WhiteOak Capital Pharma and Healthcare Fund-Dir (G) | 285.76 | -5.51% | -3.25% | 3.36% | 23.25% | - |
News
Bandhan Mutual Fund announces change in scheme name
Bandhan Mutual Fund has announced change in scheme name under the following scheme, With effect from 19 March 2025.Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Bandhan Hybrid Equity Fund Bandhan Aggressive Hybrid Fund Powered by Capital Market - Live News
Bandhan Mutual Fund announces change in Exit Load Structure
Bandhan Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 10 February 2025Change in Exit Load:
Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure Bandhan Balanced Advantage Fund : ' For 10% of investment: Nil
' For remaining investment: 1% if redeemed/switched out within 1 year from the date of allotment.' If redeemed/switched out on/within 90 days from the date of allotment - 0.50% of the applicable NAV
' If redeemed/switched out after 90 days from the date of allotment - Nil.Powered by Capital Market - Live News
Bandhan MF Announces Income Distribution cum Capital Withdrawal (IDCW) under Two schemes
Bandhan Mutual Fund has announced 30 December 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:Bandhan Balanced Advantage Fund:
Regular Plan ' IDCW: 0.230
Direct Plan ' IDCW: 0.263
Bandhan Hybrid Equity Fund:
Regular Plan ' IDCW: 0.3010
Direct Plan ' IDCW: 0.3370
Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
10 April 2024
Total AUM (Cr)
₹1354.53
Bandhan Innovation Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, Bandhan Mutual Fund. Launched in 10 April 2024, this fund is managed by Manish Gunwani. With assets under management (AUM) worth ₹1,354.53 (Cr), as of 20 February 2025, Bandhan Innovation Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 11.28% since its launch.
The current NAV of Bandhan Innovation Fund - Direct (G) is ₹11.24, as on 20 February 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Bandhan Innovation Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
0.5% - If redeemed/switched-out within 30 days from the date of allotment. Nil - If redeemed/switched-out after 30 days from the date of allotment. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.35% in Equity, 3.70% in Debt and -0.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 11.28% in Pharmaceuticals & Biotech, 8.73% in Retailing, 6.19% in Healthcare Services, 5.90% in Finance, 5.84% in IT-Software
FAQs
How to Invest in Bandhan Innovation Fund - Direct (G) Direct Growth?
Bandhan Innovation Fund - Direct (G) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 11.28% since inception. Looking to invest in Bandhan Innovation Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bandhan Innovation Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Bandhan Innovation Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Bandhan Innovation Fund - Direct (G) today and reap the benefits of this Sectoral / Thematic fund!
How much returns has Bandhan Innovation Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Bandhan Innovation Fund - Direct (G) Direct Growth?
What is the AUM of Bandhan Innovation Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Bandhan Innovation Fund - Direct (G) Direct Growth?
Redeeming or selling units of Bandhan Innovation Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Bandhan Innovation Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Bandhan Innovation Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).