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Bandhan Innovation Fund(G)-Direct Plan

FAQ : Bandhan Innovation Fund - Growth - Direct Plan

Bandhan Innovation Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 17.74 N/A N/A N/A
Average Rolling Returns(%) 13.39 N/A N/A N/A

The Current NAV of Bandhan Innovation Fund - Growth - Direct Plan is ₹15.73.

It is better to invest in a fund with a longer track record as Bandhan Innovation Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Bandhan Innovation Fund - Growth - Direct Plan fund’s expense ratio is 0.47%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Bandhan Innovation Fund - Growth - Direct Plan is currently ₹3,085 Crores.

The Top three stocks are Eternal, One97 Communications and Bajaj Finserv and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 31% of fund’s portfolio respectively.

Top three sectors of Bandhan Innovation Fund - Growth - Direct Plan fund are IT, Healthcare and BFSI accounting for 41% of the total portfolio.

Funds Portfolio Quality is Not Good. It has a mix of Red, Orange and Mid cap or Small cap stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bandhan Innovation Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - Other.

Manish Gunwani and Prateek Poddar manage the Bandhan Innovation Fund - Growth - Direct Plan Fund.

Bandhan Innovation Fund - Growth - Direct Plan current PE ratio is 68.76 and PB ratio is 9.00

The asset allocation of Bandhan Innovation Fund - Growth - Direct Plan is Stocks : 98.54%, Debt : 1.45% and Gold : 0%

The minimum SIP amount for Bandhan Innovation Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹1000.00

The exit load for Bandhan Innovation Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days