Bandhan Innovation Fund
Bandhan Innovation Fund maintains a concentrated 82-holding portfolio tilted toward healthcare, retail, and financial services, betting on secular growth drivers in India's consumption and digital economy. The manager's significant portfolio churn—adding 11 names including infrastructure plays like Adani Ports while exiting commodity-linked Vedanta—signals a tactical shift away from cyclicality toward innovation-led businesses. With nearly 80 percent deployed across just eight sectors and cash still minimal, conviction runs high despite elevated concentration risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹13.6580 | — | — | — | — | — | — |
| Regular Growth | ₹13.2410 | +3.48% | +1.60% | -1.66% | +10.94% | — | — |
| Direct IDCW | ₹12.8170 | — | — | — | — | — | — |
| Regular IDCW | ₹12.4250 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Adani Ports and Special Economic Zone Limited | 1.38% |
| Jubilant Foodworks Limited | 0.87% |
| Hindustan Zinc Limited | 0.80% |
| ABB India Limited | 0.76% |
| Cohance Lifesciences Limited | 0.37% |
| Amir Chand Jagdish Kumar (Exports) Ltd | 0.28% |
| ^^Talwandi Sabo Power Limited | 0.35% |
| ^^Vedanta Aluminium Metal Limited | 0.35% |
| ^^Malco Energy Limited | 0.35% |
| ^^Vedanta Iron And Steel Limited | 0.35% |
| Triparty Repo TRP_040526 | 0.87% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Eternal Limited INE758T01015 | 4.86% |
| 2 | One 97 Communications Limited INE982J01020 | 4.53% |
| 3 | ICICI Bank Limited INE090A01021 | 3.87% |
| 4 | AstraZeneca Pharma India Limited INE203A01020 | 3.63% |
| 5 | Bajaj Finserv Limited INE918I01026 | 3.27% |
| 6 | Jubilant Ingrevia Limited INE0BY001018 | 2.63% |
| 7 | Reliance Industries Limited INE002A01018 | 2.59% |
| 8 | Varun Beverages Limited INE200M01039 | 2.36% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 2.25% |
| 10 | MTAR Technologies Limited INE864I01014 | 2.13% |
| 11 | Honasa Consumer Limited INE0J5401028 | 2.07% |
| 12 | Coforge Limited INE591G01025 | 2.06% |
| 13 | GE Vernova T&D India Limited INE200A01026 | 1.93% |
| 14 | Amber Enterprises India Limited INE371P01015 | 1.86% |
| 15 | Poonawalla Fincorp Limited INE511C01022 | 1.83% |
| 16 | HDFC Bank Limited INE040A01034 | 1.79% |
| 17 | NTPC Limited INE733E01010 | 1.77% |
| 18 | Thangamayil Jewellery Limited INE085J01014 | 1.54% |
| 19 | Fortis Healthcare Limited INE061F01013 | 1.53% |
| 20 | Prestige Estates Projects Limited INE811K01011 | 1.48% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.