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
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