Bandhan Innovation Fund
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Growthvine rating: 3/5 — ranked #65 of 186 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹14.39 (as of 2026-10-23) |
|---|
| AUM | ₹2,957 Cr |
|---|
| Expense ratio | 1.67% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Manish Gunwani |
|---|
| Exit load | 0.5% for redemption within 30 days |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −19.88% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 93.9% of Nifty India Digital's upside and 45.0% of its downside.
Market cap allocation
| Large cap | 33.5% |
|---|
| Mid cap | 22.6% |
|---|
| Small cap | 43.9% |
|---|
Concentration
| Top 5 holdings | 19.6% |
|---|
| Top 10 holdings | 30.6% |
|---|
| Total holdings | 87 |
|---|
Top holdings
- Eternal Limited — 5.7%
- One 97 Communications Limited — 4.8%
- Bajaj Finserv Limited — 3.5%
- ICICI Bank Ltd. — 2.9%
- Meesho Limited — 2.8%
- Sterlite Technologies Limited. — 2.4%
- AstraZeneca Pharma India Ltd. — 2.4%
- COFORGE LIMITED — 2.2%
- Mahindra & Mahindra Ltd. — 2.0%
- Triparty Repo TRP_011026 — 2.0%
Top sectors
- Retail — 13.4%
- Pharma & Biotech — 9.0%
- Automobile — 7.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 8.2% | Q1 (Top) | #8 of 167 |
| 2025 | 3.3% | Q3 | #72 of 132 |