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(%) N/A N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Bandhan Innovation Fund - Growth - Direct Plan is ₹12.13.

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. However, funds returns unlikely to be different than its benchmark NIFTY 500, as the Funds portfolio is similar to its benchmark.

Bandhan Innovation Fund - Growth - Direct Plan fund’s expense ratio is 0.58%

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 ₹1,285 Crores.

The Top three stocks are Astrazeneca Pharma I, Zomato and AIRTELPP and account for 10% of its portfolio. Top 5 and 10 stocks of fund account for 15% and 27% of fund’s portfolio respectively.

Top three sectors of Bandhan Innovation Fund - Growth - Direct Plan fund are Healthcare, BFSI and IT accounting for 45% of the total portfolio.

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 76.25 and PB ratio is 10.32

The asset allocation of Bandhan Innovation Fund - Growth - Direct Plan is Stocks : 98.21%, Debt : 1.80% 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

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