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InvestVerdict

BANDHAN INNOVATION FUND

Direct Plan · Growth · Sectoral / Thematic · Scheme code 152607

NAV₹15.3910as on 30 Oct 2026
Fund houseBandhan Mutual Fund
CategorySectoral / Thematic
Plan & optionDirect · Growth
History2.3 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 6.0615.0822.37 24.55—— ——22.97
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
Sectoral / Thematic
category median		 ——— -5.6313.0410.23 —13.74—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 19.9% 0.83 1.29 1.13 17.76% -19.7% 82.53
Nifty 500
benchmark		 15.2%0.39 0.58—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 27 months this scheme and its benchmark share.

Growth of ₹100 since launch

911161421672026InvestVerdict

Drawdown from peak (%)

0%-7%-15%-22%2026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
336 1.3% 13.6% 30.2% 0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
157% 86% 0.91 8.6% 2.06 15.13

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 27 months this scheme and Nifty 500 share.

InvestVerdict

BANDHAN INNOVATION FUND

Direct Plan · Growth

Allocation

By asset

Cash & Equivalents100.00%

By market cap

Concentration

Number of stocks90
Top 5 stocks—
Top 10 stocks—
Top 20 stocks—
Lines in the filing90
Largest holding—
Largest sector— —
Effective stocks—
Sectors held0
Cash0.00%

Effective stocks is what the concentration works out to: a fund holding 90 names but most of its money in a few behaves like a fund of —. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Retailing — 11.7%Pharmaceuticals & Biotechnology — 9.0%Finance — 6.5%Financial Technology (Fintech) — 5.2%Electrical Equipment — 4.9%Consumer Durables — 4.8%Automobiles — 4.4%IT - Services — 4.0%Banks — 3.9%Other — 45.6%Retailing11.7%Pharmaceuticals & Biotech…9.0%Finance6.5%Financial Technology (Fin…5.2%Electrical Equipment4.9%Consumer Durables4.8%Automobiles4.4%IT - Services4.0%Banks3.9%Other45.6%
Retailing11.65%
Pharmaceuticals & Biotechnology9.04%
Finance6.51%
Financial Technology (Fintech)5.19%
Electrical Equipment4.91%
Consumer Durables4.81%
Automobiles4.35%
IT - Services4.04%
Banks3.86%
Healthcare Services3.86%
IT - Software2.98%
Capital Markets2.87%
Auto Components2.69%
Telecom - Equipment & Accessories2.56%
Transport Services2.51%
Beverages2.47%
Aerospace & Defense2.17%
Petroleum Products1.98%
Personal Products1.91%
Realty1.79%
InvestVerdict

BANDHAN INNOVATION FUND

Direct Plan · Growth · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Eternal Limited Retailing 5,466,374 175 5.67%
2 One 97 Communications Limited Financial Technology (Fintech) 882,066 148 4.80%
3 Bajaj Finserv Limited Finance 616,134 107 3.46%
4 ICICI Bank Limited Banks 676,068 89 2.90%
5 Meesho Ltd Retailing 3,799,129 87 2.80%
6 Sterlite Technologies Limited Telecom - Equipment & Accessories 828,149 75 2.44%
7 AstraZeneca Pharma India Limited Pharmaceuticals & Biotechnology 120,087 74 2.41%
8 Coforge Limited IT - Software 381,009 67 2.16%
9 Triparty Repo TRP_011026 Unclassified — 62 2.02%
10 Mahindra & Mahindra Limited Automobiles 211,657 62 2.02%
11 Reliance Industries Limited Petroleum Products 515,540 61 1.98%
12 Honasa Consumer Limited Personal Products 1,363,555 59 1.91%
13 Poonawalla Fincorp Limited Finance 1,320,007 59 1.90%
14 MTAR Technologies Limited Electrical Equipment 75,304 59 1.90%
15 E2E Networks Limited IT - Services 821,445 53 1.73%
16 Bharat Electronics Limited Aerospace & Defense 1,376,538 53 1.73%
17 Jubilant Ingrevia Limited Chemicals & Petrochemicals 802,872 52 1.70%
18 Divi's Laboratories Limited Pharmaceuticals & Biotechnology 56,058 52 1.69%
19 Info Edge (India) Limited Retailing 400,580 49 1.58%
20 Bluestone Jewellery and Lifestyle Limited Consumer Durables 609,485 48 1.57%
21 Billionbrains Garage Ventures Ltd Capital Markets 2,440,169 45 1.45%
22 Dr Agarwals Health Care Limited Healthcare Services 911,052 44 1.42%
23 Varun Beverages Limited Beverages 988,101 43 1.38%
24 Amber Enterprises India Limited Consumer Durables 60,493 40 1.31%
25 Hitachi Energy India Limited Electrical Equipment 12,173 37 1.21%
26 Lalithaa Jewellery Mart Ltd Consumer Durables 953,116 36 1.18%
27 Shadowfax Technologies Limited Transport Services 1,277,045 36 1.16%
28 Cholamandalam Investment and Finance Company Ltd Finance 219,594 36 1.15%
29 TVS Motor Company Limited Automobiles 84,571 35 1.13%
30 Saregama India Limited Entertainment 668,512 34 1.10%
InvestVerdict

BANDHAN INNOVATION FUND

Direct Plan · Growth · where the money sits

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 31 Oct 2026.