BANDHAN INNOVATION FUND
NAV
₹16.01
as of 6 Oct 2026
BANDHAN INNOVATION FUND is an open-ended Sectoral/ Thematic scheme from Bandhan Mutual Fund managing ₹2,645 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹16.01 as of 6 Oct 2026. The expense ratio is 0.84% a year. Managed by Manish Gunwani. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.84% / yr
- as of 31 Aug 2026
- Fund size
- ₹2,645 crore
- as of 31 Jul 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 5 Oct 2026Benchmark: Nifty 500 TRI
BANDHAN INNOVATION FUND
₹157
+57% on ₹100 over 2.4 yrs
Sectoral/ Thematic average
₹136
+36% on ₹100 over 2.4 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 4.71% | – | – |
| 6 months | 21.48% | – | – |
| 1 year | 16.22% | – | – |
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
- 14.5%
- Best
- 22.9%
19 windows over the last 30 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
-3.8% below peak
Where the money actually is
Equity
97.9%
Cash
2.1%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
86 positions · top 10 = 32.7%
Market-cap mix
Large 35.3%Mid 22.0%Small 39.4%Other 3.3%
as of 31 Jul 2026
Holdings by sector
Consumer Cyclical(3 in top 10)24.2%
- Eternal Ltd5.39%
- Mahindra & Mahindra Ltd2.55%
- Meesho Ltd2.41%
Technology(2 in top 10)15.8%
- One97 Communications Ltd4.32%
- Coforge Ltd2.33%
Financial Services(2 in top 10)15.0%
- Bajaj Finserv Ltd4.07%
- ICICI Bank Ltd3.49%
Healthcare(1 in top 10)13.3%
- AstraZeneca Pharma India Ltd3.36%
- Industrials9.4%
Consumer Defensive(1 in top 10)6.9%
- Honasa Consumer Ltd2.34%
- Basic Materials3.6%
- Communication Services3.1%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 87.5% a year.
Other top holdings
- Reliance Industries Ltd2.47%
The businesses it owns
- P/E (trailing)
- 33.4
- P/B
- 5.2
- Dividend yield
- 0.5%
- Net margin
- 11.7%
- Earnings growth
- 15.4%
- Avg market cap
- ₹63,666 crore
Money in, money out
- Net flow, 12 months
- +₹641 cr
- Net flow, 3 months
- +₹278 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of BANDHAN INNOVATION FUND?
- ₹16.01 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of BANDHAN INNOVATION FUND?
- 0.84% a year for the Direct plan, as of 31 Aug 2026.
- How large is BANDHAN INNOVATION FUND?
- ₹2,645 crore under management as of 31 Jul 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 2.3 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₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- ICICI Prudential Equity Minimum Variance Fund₹2,672 crore
- SBI Quality Fund₹2,659 crore
- Axis Consumption Fund₹2,616 crore
- Tata Business Cycle Fund₹2,602 crore
- BANDHAN Infrastructure Fund₹1,500 crore
- Bandhan Business Cycle Fund₹1,166 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.