April 19, 2025
mayank
Bandhan Innovation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 11.7520
NAV IDCW: Rs 11.7520
Suitable For Which Investors?
Such thematic funds are avoidable for most investors because:
1. They have a narrow investment focus
2. Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
1) Invest only through SIP
2) Have a 7+ year investment horizon
3) Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Fund Manager:
1) Manish Gunwani
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.
2) Prateek Poddar
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.
3) Brijesh Shah
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 30 days |
Basic Details of Bandhan Innovation Fund
| Fund House | Bandhan Mutual Fund |
| Launch Date | 30-Apr-24 |
| Return Since Launch | 17.52% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,387 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.67% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bandhan Innovation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bandhan Innovation Dir | -9.72 | 0.81 | 7.51 | -4.33 | -8.50 | — | — | — | — | — |
| BSE 500 TRI | -2.88 | 1.87 | 6.72 | 0.26 | -7.08 | — | — | — | — | — |
Peer Comparison of Bandhan Innovation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bandhan Innovation Dir | Unrated | — | — | — | 0.67 | 1,387 | 17.52 | 0.50 (30) | 11M | — |
| ICICI Pru India Opportunities Dir | Unrated | 14.33 | 23.33 | 34.44 | 0.74 | 25,696 | 23.05 | 1.00 (365) | 6Y 3M | 67.00 |
| ICICI Pru Business Cycle Dir | Unrated | 10.97 | 21.24 | — | 0.82 | 11,894 | 22.74 | 1.00 (30) | 4Y 3M | 25.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.54 | 11,597 | -2.37 | 1.00 (30) | 11M | — |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.62 | 6,951 | -12.75 | 1.00 (365) | 7M | 38.00 |
Portfolio Analysis of Bandhan Innovation Fund
| No. of Stocks | 69 |
| Top 10 Stocks | 31.34% |
| Top 5 Stocks | 18.00% |
| Top 3 Sectors | 50.43% |
| Portfolio P/B Ratio | 5.61 |
| Portfolio P/E Ratio | 40.30 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 41,330 | 1,19,802 |
| Giant (%) | 25.49 | 41.92 |
| Large (%) | 12.83 | 22.52 |
| Mid (%) | 35.17 | 28.45 |
| Small (%) | 26.50 | 12.17 |
| Tiny (%) | — | 0.60 |
Chanakya’s Mutual Fund Guidance For Bandhan Innovation Fund
WILL Post Soon
Apply Online: https://bandhanmutual.com/mutual-funds OR
https://partners.bandhanmutual.com/partners OR https://partners.bandhanmutual.com/investor/quick-transact
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks