GMP IPO Watch
Equity Scheme - Sectoral/ Thematic
BANDHAN INNOVATION FUND
Regular Plan · IDCW · Bandhan Mutual Fund
Risk: Very High Risk
52W Low ₹10.93 30 Mar 2026
52W High ₹14.81 23 Sept 2026
₹14.3770
NAV as of 4 Nov 2026
+1.48% day change
Other Plans of This Fund
ISININF194KB1IC6
Scheme Code152605
StructureOpen Ended Schemes
Fund HouseBandhan AMC Limited
AUM (avg. July - September 2026)₹3.99 Cr
Expense Ratio (as of 3 Nov 2026)2.27%
Min. InvestmentRs. 1,000/- and in multiples of Re. 1/- thereafte
Inception Date10 Apr 2024
BenchmarkNifty 500 TRI
Portfolio Turnover95.62%
NFO Period10th April 2024 – 24th April 2024
Returns
1Y
+5.79%
Since Inception
+15.28%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.58% | +3.52% | 155 of 255 |
| 1M | +1.76% | +1.97% | 140 of 255 |
| 3M | +0.55% | -3.45% | 24 of 252 |
| 6M | +14.82% | +2.92% | 16 of 251 |
| YTD | +8.11% | +1.21% | 48 of 255 |
| 1Y | +5.79% | +1.11% | 51 of 232 |
| 2Y | +7.97% | +2.39% | 22 of 187 |
| INCEPTION | +15.28% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.04% | +28.60% | -17.76% | 67% | 27% |
| 6M | +5.46% | +32.67% | -15.37% | 62% | 25% |
| 1Y | +9.15% | +28.15% | -4.14% | 97% | 41% |
| 2Y | +9.41% | +15.56% | +4.28% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity98.54%
- Debt0.00%
- Cash0.89%
- Other0.57%
Market Cap Split
- Large Cap32.99%
- Mid Cap22.53%
- Small Cap42.51%
- Others1.97%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 34.01 | 28.09 |
| P/B | 5.33 | 4.63 |
| Price / Sales | 3.84 | 3.31 |
| Price / Cash Flow | 28.32 | 21.08 |
| Dividend Yield (%) | 0.38 | 1.16 |
Holdings87
Top 5 Stocks19.63%
Top 10 Stocks30.64%
Top 3 Sectors27.20%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Eternal | Retailing | 5.67% | -0.76% |
| One 97 Communications | Financial Technology (Fintech) | 4.80% | -0.22% |
| Bajaj Finserv | Finance | 3.46% | -0.26% |
| ICICI Bank | Banks | 2.90% | -0.26% |
| Meesho | Retailing | 2.80% | +0.00% |
| Sterlite Technologies | Telecom - Equipment & Accessories | 2.44% | +0.44% |
| AstraZeneca Pharma | Pharmaceuticals & Biotechnology | 2.41% | -0.31% |
| Coforge | IT - Software | 2.16% | -0.25% |
| Mahindra & Mahindra | Automobiles | 2.02% | -0.31% |
| Triparty Repo TRP_011026 | Reverse Repo / TREPS | 2.02% | — |
| Reliance Industries | Petroleum Products | 1.98% | -0.25% |
| Mamaearth | Personal Products | 1.91% | -0.37% |
| MTAR Technologies | Electrical Equipment | 1.90% | +0.24% |
| Poonawalla Fincorp | Finance | 1.90% | +0.02% |
| Bharat Electronics | Aerospace & Defense | 1.73% | +0.03% |
View all 93 holdings
| E2E Networks | IT - Services | 1.73% | +0.03% |
| Jubilant Ingrevia | Chemicals & Petrochemicals | 1.70% | -0.09% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 1.69% | -0.10% |
| Info Edge | Retailing | 1.58% | +0.21% |
| BlueStone Jewellery & Lifestyle | Consumer Durables | 1.57% | +0.62% |
| Groww | Capital Markets | 1.45% | -0.13% |
| Dr. Agarwal's Health Care | Equity | 1.42% | -0.09% |
| Varun Beverages | Beverages | 1.38% | +0.04% |
| Amber Enterprises | Consumer Durables | 1.31% | -0.25% |
| Hitachi Energy | Electrical Equipment | 1.21% | — |
| Lalithaa Jewellery Mart | Consumer Durables | 1.18% | +0.31% |
| Shadowfax Technologies | Transport Services | 1.16% | — |
| Cholamandalam Investment | Finance | 1.15% | -0.02% |
| TVS Motors | Automobiles | 1.13% | +0.00% |
| Saregama India | Entertainment | 1.10% | +0.02% |
| Tilaknagar Industries | Beverages | 1.09% | -0.09% |
| TD Power Systems | Electrical Equipment | 1.06% | +0.03% |
| Physicswallah | Other Consumer Services | 1.03% | +0.13% |
| Prestige Estates Projects | Realty | 1.01% | -0.06% |
| Rentomojo | Commercial Services & Supplies | 1.01% | — |
| NTPC | Power | 1.00% | -0.06% |
| Adani Ports & SEZ | Transport Infrastructure | 0.99% | +0.05% |
| ZF Commercial | Auto Components | 0.99% | -0.02% |
| Vintage Coffee & Beverages | Agricultural Food & other Products | 0.96% | -0.08% |
| HDFC Bank | Banks | 0.96% | +0.11% |
| Trent | Retailing | 0.95% | -0.13% |
| Indian Hotels Company | Leisure Services | 0.93% | +0.04% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.93% | +0.03% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.93% | -0.10% |
| Amagi Media Labs | IT - Services | 0.92% | +0.07% |
| Craftsman Automation | Auto Components | 0.91% | -0.09% |
| Fortis Healthcare | Equity | 0.90% | +0.12% |
| Jubilant Pharmova | Pharmaceuticals & Biotechnology | 0.88% | +0.09% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 0.88% | +0.04% |
| Affle 3i | IT - Services | 0.85% | -0.01% |
| Tech Mahindra | IT - Software | 0.82% | -0.08% |
| Tega Industries | Industrial Manufacturing | 0.81% | +0.17% |
| Sona BLW Precision Forgings | Auto Components | 0.79% | -0.02% |
| Godrej Properties | Realty | 0.78% | -0.09% |
| Biocon | Pharmaceuticals & Biotechnology | 0.78% | -0.01% |
| Nephrocare Health Services | Equity | 0.78% | +0.49% |
| Canara HSBC Life Insurance Company | Insurance | 0.77% | -0.06% |
| MCX | Capital Markets | 0.77% | -0.06% |
| GE Vernova T&D | Electrical Equipment | 0.74% | -0.77% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 0.74% | -0.04% |
| Eicher Motors | Automobiles | 0.69% | -0.11% |
| Cohance Lifesciences | Pharmaceuticals & Biotechnology | 0.68% | +0.13% |
| Rashi Peripherals | IT - Hardware | 0.68% | -0.02% |
| KFin Technologies | Capital Markets | 0.65% | -0.13% |
| Electronics Mart | Retailing | 0.65% | +0.14% |
| Ethos | Consumer Durables | 0.59% | -0.06% |
| Afcom Holdings | Transport Services | 0.59% | -0.04% |
| Kusumgar | Textiles & Apparels | 0.58% | -0.01% |
| Cyient | IT - Services | 0.54% | — |
| Black Buck | Transport Services | 0.53% | +0.12% |
| 3M India | Diversified | 0.52% | -0.05% |
| Vedanta Power | Power | 0.52% | +0.06% |
| Suraksha Diagnostic | Equity | 0.51% | +0.00% |
| Usha Martin | Industrial Products | 0.51% | +0.00% |
| Ather Energy | Automobiles | 0.51% | -0.13% |
| LNJ Bhilwara group** | Miscellaneous | 0.51% | — |
| Max Financial Services | Insurance | 0.50% | -0.28% |
| Power Mech Projects | Construction | 0.46% | +0.03% |
| Ideaforge Technology | Aerospace & Defense | 0.44% | -0.05% |
| PB FinTech | Financial Technology (Fintech) | 0.39% | — |
| KRN Heat Exchanger and Refrigeration | Industrial Products | 0.38% | -0.07% |
| Jubilant FoodWorks | Leisure Services | 0.29% | -0.10% |
| HEG Advanced Materials | Industrial Products | 0.26% | -0.57% |
| Manipal Health Enterprises | Equity | 0.25% | -0.35% |
| Shiprocket | Transport Services | 0.23% | -0.08% |
| Optiemus Infracom | Telecom - Equipment & Accessories | 0.12% | +0.02% |
| Stove Kraft | Consumer Durables | 0.09% | -0.01% |
| Thangamayil Jewellery | Consumer Durables | 0.07% | -0.72% |
| Cash Margin - Derivatives | Net Current Assets | 0.06% | — |
| Cash Margin - CCIL | Net Current Assets | 0.01% | — |
| Cash / Bank Balance | Net Current Assets | 0.01% | — |
| Net Current Assets | Net Current Assets | -0.57% | — |
| Net Receivables/Payables | Net Current Assets | -0.64% | — |
Sector Allocation · Sep 2026
View all 37 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 16.89 | 16.32 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.02 | -0.32 | Above Average |
| 3Y | 0.48 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.57 | 0.19 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From Bandhan AMC Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Bandhan BSE Healthcare Index Fund
Direct Plan · Growth
|
+14.13% | — | — | +8.12% |
|
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF
Direct Plan · IDCW
|
+10.64% | +8.91% | — | +8.51% |
|
Bandhan Gilt Fund
Direct Plan · Growth
|
+7.31% | +8.25% | +6.45% | +8.58% |
|
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth
|
+6.77% | — | — | +7.03% |
|
BANDHAN Dynamic Term Fund
Direct Plan · Growth
|
+6.71% | +7.89% | +6.20% | +8.15% |
|
Bandhan Money Market Fund
Direct Plan · Periodic IDCW
|
+6.56% | +7.39% | +6.77% | +4.70% |
|
BANDHAN LIQUID Fund
Direct Plan · Periodic IDCW
|
+6.46% | +6.88% | +6.41% | +1.51% |
|
BANDHAN Arbitrage Fund
Direct Plan · Growth
|
+6.43% | +7.26% | +6.79% | +6.91% |
|
BANDHAN ULTRA SHORT TERM FUND
Direct Plan · Periodic IDCW
|
+6.43% | +7.19% | +6.61% | +4.33% |
|
BANDHAN MID CAP FUND
Direct Plan · Growth
|
+6.35% | +18.05% | — | +17.81% |
About This Scheme
Investment Objective
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
Stated Asset Allocation
Equities & Equity related securities in innovation theme - 80% -100%, Equity & Equity related securities other than above and overseas securities - 0% - 20%Debt & Money Market instruments - 0%-20%, Units issued by InvITs - 0%-10%.
Exit Load
If redeemed/switched out within 30 days from the date of allotment: 0.50% of the applicable NAV If redeemed/switched out after 30 days from date of allotment – Nil
Fund Managers
Mr. Manish Gunwani, Mr. Prateek Poddar, Mr. Brijesh Shah
Comanage Mr. Manish Gunwani & Mr. Prateek Poddar (equity portion), Mr. Brijesh Shah (debt portion).
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Bandhan AMC Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.