BANDHAN INNOVATION FUND
NAV
₹16.21
as of 21 Aug 2026
BANDHAN INNOVATION FUND is an open-ended Sectoral/ Thematic scheme from Bandhan Mutual Fund managing ₹2,392 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹16.21 as of 21 Aug 2026. The expense ratio is 0.47% a year. Managed by Manish Gunwani. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.47% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,392 crore
- as of 30 Jun 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 30 Apr 2024
- ISIN
- INF194KB1IE2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty 500 TRI
BANDHAN INNOVATION FUND
₹162
+62% on ₹100 over 2.3 yrs
Sectoral/ Thematic average
₹137
+37% on ₹100 over 2.3 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 15.82% | – | – |
| 6 months | 20.32% | – | – |
| 1 year | 21.48% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 2.0%
- Median
- 12.5%
- Best
- 22.9%
17 windows over the last 28 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
At a peak
Where the money actually is
Equity
98.3%
Cash
1.7%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
83 positions · top 10 = 31.8%
Market-cap mix
Large 36.2%Mid 21.7%Small 40.5%Other 1.7%
as of 30 Jun 2026
Holdings by sector
Consumer Cyclical(2 in top 10)22.6%
- Eternal Ltd5.07%
- Mahindra & Mahindra Ltd2.37%
Technology(2 in top 10)15.3%
- One97 Communications Ltd4.23%
- Coforge Ltd2.17%
Financial Services(2 in top 10)15.1%
- ICICI Bank Ltd3.70%
- Bajaj Finserv Ltd3.69%
Healthcare(1 in top 10)12.1%
- AstraZeneca Pharma India Ltd3.47%
- Industrials11.3%
Consumer Defensive(1 in top 10)8.4%
- Honasa Consumer Ltd2.63%
- Basic Materials3.5%
- Communication Services3.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 95.6% a year.
Other top holdings
- Triparty Repo Trp_0107262.35%
- Reliance Industries Ltd2.35%
The businesses it owns
- P/E (trailing)
- 38.5
- P/B
- 5.0
- Dividend yield
- 0.4%
- Net margin
- 11.0%
- Earnings growth
- 13.6%
- Avg market cap
- ₹61,621 crore
Money in, money out
- Net flow, 12 months
- +₹551 cr
- Net flow, 3 months
- +₹184 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of BANDHAN INNOVATION FUND?
- ₹16.21 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of BANDHAN INNOVATION FUND?
- 0.47% a year for the Direct plan, as of 30 Jun 2026.
- How large is BANDHAN INNOVATION FUND?
- ₹2,392 crore under management as of 30 Jun 2026, in the Sectoral/ Thematic category.
- How risky is BANDHAN INNOVATION FUND?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages BANDHAN INNOVATION FUND?
- Manish Gunwani, managing this fund for 2.2 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- DSP Natural Resources And New Energy Fund₹2,441 crore
- Kotak Infrastructure and Economic Reform Fund₹2,430 crore
- HDFC Infrastructure Fund₹2,375 crore
- HSBC Infrastructure Fund₹2,362 crore
- BANDHAN Infrastructure Fund₹1,545 crore
- Bandhan Business Cycle Fund₹1,209 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.